SNIBE(300832)2025-04-25 08:35Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,124,761,573, representing a 10.12% increase compared to CNY 1,021,430,175 in the same period last year[4] - Net profit attributable to shareholders was CNY 437,511,949, a 2.65% increase from CNY 426,221,044 in the previous year[4] - The net profit after deducting non-recurring gains and losses was CNY 416,658,656, up 4.39% from CNY 399,135,667 in the same period last year[4] - The company's weighted average return on equity decreased by 0.52 percentage points to 4.97% from 5.49% in the previous year[4] - The company achieved operating revenue of RMB 1,124.76 million, representing a year-on-year growth of 10.12%[17] - Domestic main business revenue grew by 0.11% year-on-year, while overseas main business revenue increased by 27.03%[17] - Total operating revenue for the current period reached ¥1,124,761,573, an increase of 10.1% compared to ¥1,021,430,174.73 in the previous period[23] - Net profit for the current period was ¥437,511,949.25, reflecting a slight increase of 2.9% from ¥426,221,043.84 in the previous period[24] - Basic and diluted earnings per share improved to ¥0.5568, compared to ¥0.5425 in the prior period[25] Cash Flow and Liquidity - The company's cash flow from operating activities showed a significant decline, with a net cash flow of CNY 18,542,686, down 92.92% from CNY 261,740,278 in the previous year[10] - Cash flow from operating activities saw a significant decline due to a delay in accounts payable payments, which will be concentrated in January 2025[17] - The company's cash and cash equivalents decreased to RMB 651.09 million from RMB 919.53 million[18] - The net cash flow from operating activities was 261,740,277.69 in the previous period[26] - Cash outflow from operating activities totaled 692,205,163.45 in the prior period[26] - The ending balance of cash and cash equivalents was 1,027,068,268.06 at the end of the previous period[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,729,267,086, reflecting a 1.14% increase from CNY 9,619,453,527 at the end of the previous year[4] - The equity attributable to shareholders increased by 4.98% to CNY 9,003,866,643 from CNY 8,576,607,475 at the end of the previous year[4] - Total liabilities decreased to ¥725,400,442.96 from ¥1,042,846,052.20, indicating a reduction of approximately 30.4%[21] - The total liabilities and equity amounted to ¥9,729,267,085.68, up from ¥9,619,453,527.11, reflecting a growth of 1.1%[21] Operating Costs and Profitability - The company's gross profit margin decreased, with operating costs rising by 34.61% to CNY 359,759,645 due to increased sales volume of large instruments[9] - Total operating costs amounted to ¥643,259,211.97, up 15.1% from ¥558,596,850.28 in the prior period, with operating costs specifically rising from ¥267,255,498.99 to ¥359,759,644.98[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,269[12] Government Support - The company received government subsidies amounting to CNY 15,265,086, a 125.88% increase compared to CNY 6,758,014 in the previous year[9] Research and Development - Research and development expenses remained stable at ¥101,897,244.82, slightly increasing from ¥101,455,514.48[24] Other Financial Activities - The company reported a significant increase in its debt investment, rising to RMB 1,868.42 million from RMB 1,778.96 million[19] - The company plans to upgrade its ERP system by the end of 2024, which may impact payment processes[17] - Other comprehensive income after tax decreased to -¥10,252,781.44 from -¥6,112,114.04, indicating a decline in this area[24] - The net cash flow from investing activities was -277,676,044.43 in the previous period[26] - The total cash outflow from investing activities was 1,887,962,302.77[26] Audit Information - The company did not undergo an audit for the first quarter report[28]