盛美上海(688082) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 reached ¥1,305,866,199.58, representing a 41.73% increase compared to ¥921,388,511.56 in the same period last year[4] - Net profit attributable to shareholders was ¥246,333,965.84, a significant increase of 207.21% from ¥80,183,413.97 year-on-year[4] - Basic and diluted earnings per share increased to ¥0.56, reflecting a growth of 211.11% compared to ¥0.18 in the same period last year[4] - Operating profit for Q1 2025 was ¥286,090,377.66, up from ¥70,563,375.62 in Q1 2024, reflecting a growth of 304.5%[16] - Net profit attributable to shareholders for Q1 2025 was ¥246,333,965.84, compared to ¥80,183,413.97 in Q1 2024, marking an increase of 207.5%[18] - The total equity attributable to shareholders rose to ¥8,079,463,700.92 in Q1 2025, compared to ¥7,665,635,114.21 in Q1 2024, an increase of 5.4%[16] Cash Flow - The net cash flow from operating activities improved to ¥93,152,164.05, a turnaround from a negative cash flow of ¥155,024,348.43 in the previous year[4] - The company reported a net cash flow from operating activities of ¥93,152,164.05 in Q1 2025, a turnaround from a negative cash flow of -¥155,024,348.43 in Q1 2024[20] - The net cash increase from operating activities for Q1 2025 was ¥237,815,909.21, compared to a net decrease of ¥93,413,672.26 in the same period last year[21] - The net cash flow from financing activities was ¥224,080,103.77, an increase from ¥149,843,070.11 year-over-year[21] - Cash inflows from financing activities totaled ¥424,672,965.68, significantly higher than ¥167,000,000.00 in the previous year[21] - Cash outflows from investment activities were ¥128,863,829.25, compared to ¥235,308,626.48 in the same period last year[21] - The net cash flow from investment activities was -¥76,450,447.68, slightly improved from -¥88,777,691.67 year-over-year[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥12,637,612,001.52, up 4.20% from ¥12,128,452,382.81 at the end of the previous year[5] - Total assets reached ¥12,637,612,001.52, compared to ¥12,128,452,382.81, an increase of 4.18%[14] - Current liabilities totaled ¥3,597,798,695.02, slightly up from ¥3,529,551,831.90, indicating a rise of 1.52%[14] - Long-term borrowings stood at ¥765,799,142.38, compared to ¥758,194,676.18, reflecting an increase of 1.99%[14] - The total liabilities increased to ¥4,557,171,209.71 in Q1 2025 from ¥4,462,816,629.35 in Q1 2024, reflecting a growth of 2.1%[16] Research and Development - Research and development expenses totaled ¥252,173,658.10, which is 19.31% of revenue, down from 22.16% in the previous year[5] - Research and development expenses for Q1 2025 were ¥187,377,346.82, up from ¥167,819,748.27 in Q1 2024, indicating a focus on innovation[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,594[10] - ACM RESEARCH, INC. holds 81.06% of shares, totaling 357,692,308 shares[10] - The company has no significant changes in major shareholders or their shareholding status during the reporting period[11] Market and Operational Insights - The company attributed revenue growth to strong demand in the semiconductor industry, particularly in the Chinese market, and efficient sales and delivery processes[8] - The increase in net profit was primarily driven by growth in main business revenue and gross profit[8] - The company has accumulated a substantial order reserve, which supports future revenue growth[8] Cash and Equivalents - The company's cash and cash equivalents increased to ¥2,872,406,514.61 from ¥2,634,590,605.40, a growth of 9.03%[13] - The total cash and cash equivalents at the end of Q1 2025 amounted to ¥2,872,406,514.61, up from ¥1,429,928,401.69 in the previous year[22] Accounts Receivable and Inventory - Accounts receivable rose to ¥2,284,278,445.63, up from ¥2,132,274,574.65, reflecting an increase of 7.13%[13] - Inventory increased to ¥4,302,045,308.51 from ¥4,232,200,698.68, marking a growth of 1.65%[13] Other Information - There are no applicable reminders for investors regarding the company's operational status during the reporting period[12] - The company did not apply new accounting standards or interpretations for the first execution year[21] - The impact of exchange rate changes on cash and cash equivalents was -¥2,965,910.93, contrasting with a positive impact of ¥545,297.73 in the previous year[21]