SONGYUAN(300893)2025-04-28 08:55Financial Performance - The company's revenue for Q1 2025 reached ¥535,573,008.22, representing a 45.34% increase compared to ¥368,492,661.14 in the same period last year[6] - Net profit attributable to shareholders was ¥73,505,757.03, up 20.47% from ¥61,016,641.95 year-on-year[6] - Basic earnings per share increased to ¥0.3248, reflecting a growth of 20.07% from ¥0.2705 in the prior year[6] - Total operating revenue for the current period reached ¥535,573,008.22, a significant increase of 45.4% compared to ¥368,492,661.14 in the previous period[19] - Net profit for the current period was ¥73,505,757.03, representing a 20.5% increase from ¥61,016,641.95 in the previous period[20] - The company reported a total comprehensive income of ¥73,522,663.07, compared to ¥61,016,916.00 in the previous period, an increase of 20.5%[20] Cash Flow - The net cash flow from operating activities was negative at -¥20,318,276.16, a decline of 144.37% compared to ¥45,796,321.44 in the previous year[6] - Cash inflow from operating activities totaled 530,355,315.06, compared to 386,572,421.41 in the prior period, reflecting a 37% increase[22] - Cash outflow from operating activities increased to 550,673,591.22 from 340,776,099.97, representing a 62% rise[22] - The net cash flow from investing activities was -73,249,233.03, an improvement from -90,178,536.53 in the previous period[22] - Cash inflow from financing activities was 115,518,364.40, slightly up from 115,000,000.00 in the prior period[23] - The net cash flow from financing activities decreased to 60,319,059.33 from 92,221,416.50, indicating a reduction in financing activities[23] - The ending cash and cash equivalents balance was 78,814,131.69, up from 61,334,548.83 in the previous period[23] - The company reported a cash outflow of 33,235,732.00, contrasting with a cash inflow of 47,847,691.21 in the prior period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,252,830,021.94, a 3.68% increase from ¥3,137,410,452.29 at the end of the previous year[6] - Total liabilities rose to ¥1,835,026,985.14, compared to ¥1,795,305,065.90, indicating an increase of 2.2%[18] - The equity attributable to the parent company increased to ¥1,417,803,036.80, up from ¥1,342,105,386.39, marking a growth of 5.1%[18] Research and Development - Research and development expenses surged by 123.95% to ¥39,424,951.21, compared to ¥17,603,972.76 in the same period last year, driven by new projects and increased R&D personnel[10] - Research and development expenses surged to ¥39,424,951.21, a 124.5% increase from ¥17,603,972.76 in the previous period, highlighting a focus on innovation[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 5,972[12] - The largest shareholder, Hu Chanming, holds 46.59% of the shares, totaling 105,468,750 shares[12] - The top ten shareholders hold a significant portion of the company's shares, with the top three shareholders alone accounting for 74.55%[12] - There are no changes in the participation of the top ten shareholders in margin trading and securities lending activities[13] Other Financial Metrics - The company experienced a 51.08% rise in operating costs, totaling ¥385,917,604.13, attributed to increased sales[10] - The company’s financial expenses increased by 145.59% to ¥6,146,595.23, mainly due to higher convertible bond interest accruals[10] - Total operating costs amounted to ¥466,080,869.08, up 54.1% from ¥302,516,923.52 in the prior period, with operating costs specifically rising from ¥255,446,017.71 to ¥385,917,604.13[19] - Deferred income increased to ¥15,320,000.00 from ¥8,081,265.00, indicating a growth of 89.5%[19] Accounting and Audit - The company has not yet adopted the new accounting standards effective from 2025[24] - The first quarter report was not audited, which may affect the reliability of the financial data presented[24]