DAS(002421)2025-04-29 11:00Financial Performance - The company's operating revenue for Q1 2025 was ¥437,534,173.06, a decrease of 25.84% compared to ¥589,979,389.73 in the same period last year[5] - The net profit attributable to shareholders was -¥41,481,950.47, representing a decline of 1,181.49% from a profit of ¥3,835,624.10 in the previous year[5] - Basic and diluted earnings per share were both -¥0.0196, a decrease of 1,188.89% from ¥0.0018 in the previous year[5] - The total profit for the current period was a loss of ¥40,244,918.00, compared to a profit of ¥8,594,822.07 in the previous period, indicating a significant decline[24] - Net profit for the current period was a loss of ¥40,973,349.39, compared to a profit of ¥4,210,010.09 in the previous period, reflecting a negative shift in profitability[24] Cash Flow - The cash flow from operating activities was -¥239,146,728.30, which is a 17.86% increase in cash outflow compared to -¥202,913,045.06 in the same period last year[5] - Cash flow from investing activities resulted in a net outflow of ¥283,197,696.87, compared to a net outflow of ¥222,746,457.70 in the previous period[29] - Cash flow from financing activities showed a net outflow of ¥27,991,879.21, contrasting with a net inflow of ¥208,969,792.38 in the previous period[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,269,554,045.14, down 3.80% from ¥9,636,207,465.82 at the end of the previous year[5] - The company's cash and cash equivalents decreased by 33.57% to ¥1,062,051,912.28 from ¥1,598,641,986.31 at the beginning of the period[9] - Non-current liabilities totaled approximately 2.52 billion yuan, slightly down from 2.55 billion yuan at the beginning of the period[22] Revenue and Expenses - Total expenses, including sales, management, research and development, and financial expenses, amounted to 148 million RMB, a decrease of 4.28% from 155 million RMB in the previous year[17] - Cash received from investment activities decreased by 64.43% to approximately 1.56 million RMB compared to 4.39 million RMB in the previous year[12] - Cash paid for fixed assets, intangible assets, and other long-term investments was 14.28 million RMB, down 89.01% from 129.98 million RMB in the previous year[12] - Cash received from financing activities decreased by 86.77% to approximately 2.58 million RMB compared to 19.5 million RMB in the previous year[12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 124,829[14] - The largest shareholder, Changdu Shashi Enterprise Management Co., Ltd., holds 12.78% of the shares, totaling 270,966,881 shares[14] Strategic Initiatives - The company continues to strengthen cost control measures across various expense categories[17] - The company launched its self-developed AIoT V7 platform, enhancing AI model architecture and integrating IoT data sources for smart campus applications[18] - The company implemented a "one-vote veto" policy for high-risk projects to ensure healthy business development[19] Project and Market Performance - Total signed and awarded project amounts reached 816 million yuan, a decrease of 32.84% year-on-year, primarily due to project bidding delays and stricter client selection[19] - The company maintained a competitive advantage in various segments of smart space services despite the decline in project amounts[19] Other Income and Impairments - Other income decreased by 65.59% to ¥5,822,625.43 from ¥16,923,569.23 in the same period last year, mainly due to reduced government subsidies[10] - The company has adjusted the impairment provision for contract assets based on settlement conditions over the past three years, leading to increased asset impairment[17]