Financial Performance - The company's revenue for Q1 2025 reached ¥2,091,255,102.87, representing a 13.56% increase compared to ¥1,841,609,961.04 in the same period last year[5] - Net profit attributable to shareholders was ¥110,895,216.95, up 10.30% from ¥100,538,681.31 year-on-year[5] - The basic earnings per share rose to ¥0.28, reflecting a 12.00% increase from ¥0.25 in the same quarter last year[5] - Total operating revenue for the current period reached ¥2,091,255,102.87, an increase of 13.6% compared to ¥1,841,609,961.04 in the previous period[20] - Net profit for the current period was ¥110,895,216.95, reflecting a growth of 10.3% from ¥100,538,681.31 in the previous period[20] Cash Flow - The net cash flow from operating activities increased by 56.56% to ¥686,274,537.80, compared to ¥438,359,012.44 in the previous year[12] - Total cash inflow from operating activities reached ¥1.99 billion, compared to ¥1.80 billion in the previous period, marking an increase of 10.5%[23] - Cash inflow from operating activities included ¥1.83 billion from sales, an increase from ¥1.67 billion, representing a growth of 9.7%[23] - The company’s cash flow from operating activities showed an increase, with cash received from tax refunds rising to ¥132,876,259.85 from ¥111,723,511.66 in the previous period[22] - Net cash flow from investing activities improved by 72.36%, with a net outflow of ¥35,728,800.53 compared to a larger outflow of ¥129,285,415.76 in the previous year[12] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,462,096,110.02, a 3.03% increase from ¥6,271,767,256.53 at the end of the previous year[5] - Total liabilities increased to ¥3,114,728,387.37, up from ¥3,044,634,146.33, representing a growth of 2.3%[19] - The company’s total equity increased to ¥3,347,367,722.65 from ¥3,227,133,110.20, reflecting a growth of 3.7%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,317[13] - The largest shareholder, Song Chuan, holds 50.13% of the shares, totaling 201,268,169 shares[13] - The company has not disclosed any changes in the participation of major shareholders in margin financing and securities lending[14] - There are no preferred shareholders or changes in restricted shares reported[14] - The company has not identified any related party relationships among shareholders beyond those disclosed[13] Expenses - Management expenses increased by 34.77% to ¥91,383,976.17, mainly due to higher compensation and share-based payment expenses[11] - Research and development expenses for the current period were ¥17,233,976.78, slightly down from ¥17,380,398.43 in the previous period[20] - Cash outflow for employee payments rose to ¥156.25 million from ¥131.00 million, an increase of 19.3%[23] Share Repurchase and Fundraising - The company plans to repurchase shares with a total amount not less than RMB 50 million and not exceeding RMB 100 million, with a maximum repurchase price of RMB 28.00 per share[14] - The estimated number of shares to be repurchased ranges from 178,570 shares (0.44% of total shares) to 357,140 shares (0.89% of total shares) based on the repurchase price[14] - The company is establishing an industrial fund with a target fundraising scale of RMB 1 billion, with an initial fundraising of RMB 652 million[15] - The company will contribute RMB 10 million to the industrial fund, representing 1.534% of the initial fundraising amount[15] - The repurchase period for the shares is set for up to 12 months from the board's approval date[14] Financial Gains and Losses - The company experienced a 204.09% decrease in financial expenses, resulting in a gain of ¥26,588,361.00, attributed to significant foreign exchange gains[11] - The impact of exchange rate changes on cash and cash equivalents was positive at ¥11.41 million, compared to a negative impact of -¥0.36 million in the previous period[23]
致欧科技(301376) - 2025 Q1 - 季度财报