神驰机电(603109) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 reached ¥732,044,767.21, representing a 38.78% increase compared to ¥527,481,416.17 in the same period last year[5] - Net profit attributable to shareholders was ¥69,571,392.81, a significant increase of 284.73% from ¥18,083,360.81 year-on-year[5] - The basic earnings per share rose to ¥0.3331, reflecting a 287.33% increase compared to ¥0.0860 in the previous year[5] - Total operating revenue for Q1 2025 reached ¥732,044,767.21, a 38.7% increase from ¥527,481,416.17 in Q1 2024[18] - Net profit for Q1 2025 was ¥69,571,392.81, compared to ¥18,083,360.81 in Q1 2024, representing a significant increase of 284.5%[19] - Basic earnings per share for Q1 2025 were ¥0.3331, up from ¥0.0860 in Q1 2024[20] - The company reported a gross profit margin of approximately 8.8% for Q1 2025, compared to 6.5% in Q1 2024[18] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥58,696,347.41, worsening by 64.13% compared to -¥35,763,176.41 in the same period last year[5] - Cash inflow from operating activities in Q1 2025 was ¥650,131,467.01, an increase from ¥535,593,646.80 in Q1 2024[22] - Cash flow from operating activities showed a net outflow of -$58.7 million, compared to -$35.8 million in the previous period, indicating a worsening cash flow situation[23] - The company's cash and cash equivalents at the end of the period stood at $648.5 million, compared to $598.7 million at the end of the previous period, showing a slight improvement in liquidity[24] - The overall cash and cash equivalents decreased by $9.3 million during the period, compared to a decrease of $18.7 million in the previous period, reflecting a less severe cash position[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,599,156,539.18, up 2.26% from ¥3,519,658,530.41 at the end of the previous year[6] - As of March 31, 2025, the total current assets amount to 2,442,463,163.14 RMB, an increase from 2,415,427,298.89 RMB at the end of 2024[13] - Total liabilities decreased slightly to 1,608,120,801.81 RMB from 1,609,921,154.32 RMB[15] - Non-current assets totaled 1,156,693,376.04 RMB, up from 1,104,231,231.52 RMB[14] - The company's total assets reached 3,599,156,539.18 RMB, compared to 3,519,658,530.41 RMB previously[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,315[10] - The top 10 shareholders collectively hold 12,532.2 million shares, accounting for 60% of the total share capital[11] Expenses and Costs - Total operating costs for Q1 2025 were ¥660,607,146.84, up 32.3% from ¥499,429,746.96 in Q1 2024[18] - Management expenses rose by 33.77%, primarily due to increases in salaries, social security, and office expenses[8] - Research and development expenses for Q1 2025 totaled ¥23,586,850.32, compared to ¥19,070,823.24 in Q1 2024, reflecting a 23.2% increase[18] Financing Activities - Short-term borrowings increased by 131.54%, indicating a rise in bank loans[8] - Net cash flow from financing activities was $65.6 million, a decrease from $96.5 million in the previous period, reflecting reduced financing activities[24] Investment Activities - The company experienced a 70.72% increase in net cash flow from investing activities, attributed to a decrease in new financial product purchases compared to the previous year[8] - Total cash inflow from investment activities was $125.2 million, slightly down from $127.2 million year-over-year, while cash outflow was $147.8 million, down from $204.4 million[23] - The company received $100 million related to investment activities, which was not present in the previous period, indicating new investment inflows[23] Other Comprehensive Income - Other comprehensive income after tax for Q1 2025 was -¥3,350,817.59, compared to -¥2,055,650.89 in Q1 2024[19] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19]