MDK(688079)2025-04-29 16:45Revenue and Profitability - Revenue for Q1 2025 reached ¥149,496,795.19, an increase of 29.02% compared to ¥115,874,580.90 in the same period last year[4] - Net profit attributable to shareholders was a loss of ¥15,992,072.74, an improvement from a loss of ¥23,558,978.49 year-on-year[4] - Total operating revenue for Q1 2025 reached ¥149,496,795.19, a 29.0% increase from ¥115,874,580.90 in Q1 2024[18] - Net loss for Q1 2025 was ¥16,019,043.08, an improvement from a net loss of ¥24,948,683.53 in Q1 2024[19] - The total comprehensive loss for Q1 2025 was ¥15,967,321.13, an improvement from a loss of ¥24,549,913.32 in Q1 2024[19] - The company reported a basic and diluted earnings per share of -¥0.04 for Q1 2025, compared to -¥0.06 in Q1 2024[19] Cash Flow and Investments - Operating cash flow decreased by 36.76% to ¥15,764,454.78 from ¥24,929,911.36 in the previous year[4] - Cash flow from operating activities generated ¥15,764,454.78 in Q1 2025, down from ¥24,929,911.36 in Q1 2024[21] - Cash flow from investing activities showed a net outflow of ¥90,123,637.57 in Q1 2025, compared to a net outflow of ¥182,875,917.07 in Q1 2024[22] - Cash flow from financing activities generated a net inflow of ¥68,411,055.55 in Q1 2025, down from ¥118,568,697.04 in Q1 2024[22] - The ending cash and cash equivalents balance for Q1 2025 was ¥86,488,506.08, slightly up from ¥85,372,651.19 in Q1 2024[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,050,703,579.19, a slight increase of 0.40% from ¥3,038,469,699.24 at the end of the previous year[5] - The company's current assets decreased to RMB 373,431,863.24 from RMB 412,152,468.02, representing a decline of about 9.4%[13] - The total liabilities increased to RMB 1,660,845,944.59 from RMB 1,641,867,096.02, indicating a rise of approximately 1.3%[15] - The company's cash and cash equivalents decreased significantly from RMB 142,333,629.28 to RMB 87,163,687.70, a drop of around 38.8%[13] - Accounts receivable increased to RMB 105,396,966.50 from RMB 99,383,271.74, showing an increase of about 6.4%[13] - Inventory levels rose slightly to RMB 103,781,021.16 from RMB 101,720,926.68, marking an increase of approximately 2.0%[13] - The company's long-term borrowings decreased to RMB 516,848,520.19 from RMB 531,511,526.05, a reduction of about 2.8%[15] - The total equity attributable to the parent company decreased to RMB 1,352,882,867.74 from RMB 1,359,982,454.52, reflecting a decline of approximately 0.5%[15] - The company's short-term borrowings increased to RMB 267,365,726.45 from RMB 213,935,738.87, an increase of about 25.0%[15] - The company reported a decrease in retained earnings to RMB 62,656,797.85 from RMB 78,648,870.59, a decline of approximately 20.3%[15] Research and Development - R&D investment totaled ¥31,569,364.47, representing 21.12% of revenue, a decrease from 21.85% in the previous year[5] - Research and development expenses increased to ¥31,569,364.47 in Q1 2025, up from ¥25,321,434.65 in Q1 2024[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,191[10] - The largest shareholder, Hangzhou Meidike Self-owned Capital Investment Partnership, holds 40.61% of the shares[10] Other Financial Highlights - The company reported a non-recurring gain of ¥116,297.52 after tax, primarily from government subsidies and other non-operating income[6] - The increase in revenue was mainly driven by sales growth in optoelectronic and semiconductor packaging products[7] - The weighted average return on equity improved to -1.18% from -1.62% year-on-year[5]