Bluetrum(688332)2025-04-29 16:50Financial Performance - The company's operating revenue for Q1 2025 was CNY 367.30 million, a 1.20% increase compared to CNY 362.94 million in the same period last year[8]. - Net profit attributable to shareholders decreased by 18.21% to CNY 44.89 million from CNY 54.89 million year-on-year[8]. - Total operating revenue for Q1 2025 was CNY 367,302,485.85, a slight increase from CNY 362,943,937.70 in Q1 2024, representing a growth of approximately 0.99%[30]. - Net profit for Q1 2025 was CNY 44,790,585.69, down from CNY 54,860,753.26 in Q1 2024, reflecting a decrease of approximately 18.38%[31]. - The company’s total comprehensive income for Q1 2025 was CNY 44,790,585.69, compared to CNY 54,860,753.26 in Q1 2024, indicating a decline of approximately 18.38%[32]. - Basic and diluted earnings per share for Q1 2025 were both CNY 0.37, compared to CNY 0.46 in Q1 2024, showing a decline of about 19.57%[32]. Research and Development - R&D investment totaled CNY 45.77 million, representing a 53.59% increase from CNY 29.80 million in the previous year, accounting for 12.46% of operating revenue[8]. - Research and development expenses increased significantly to CNY 45,773,489.73 in Q1 2025 from CNY 29,801,566.22 in Q1 2024, marking a rise of approximately 53.54%[30]. - The company launched several new chip series, including the BT897X and BT891X, which feature advanced audio capabilities and low power consumption, enhancing market competitiveness[10]. - The company plans to expand its product lines from eight to ten, including new categories such as AIoT chips and video chips, to enhance market presence[11]. Cash Flow and Investments - The net cash flow from operating activities was negative CNY 115.68 million, a significant decrease of 1,186.25% compared to a positive CNY 10.65 million in the same period last year[8][16]. - Cash inflow from investment activities in Q1 2025 was 83.34 million in Q1 2024, indicating a substantial increase[37]. - The total cash and cash equivalents at the end of Q1 2025 amounted to 1.20 billion at the end of Q1 2024[37]. - Total cash outflow from investment activities in Q1 2025 was 528.85 million in Q1 2024, reflecting increased investment expenditures[37]. - The cash flow from operating activities was impacted by a total cash outflow of 398.22 million in Q1 2024[36]. Assets and Liabilities - Total assets increased by 1.99% to CNY 4.63 billion from CNY 4.54 billion at the end of the previous year[10]. - Total current assets as of March 31, 2025, amount to ¥4,149,380,196.01, a decrease from ¥4,223,067,522.18 as of December 31, 2024[24]. - Total liabilities as of the reporting date were CNY 579,640,630.96, compared to CNY 535,765,470.73 in the previous period, an increase of about 8.19%[27]. - Total equity increased to CNY 4,049,471,813.55 from CNY 4,002,827,348.04, reflecting a growth of approximately 1.16%[27]. - The company has a long-term equity investment of ¥50,500,000.00, unchanged from the previous period[25]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,987[18]. - The largest shareholder, Huang Zhiqiang, holds 31,643,214 shares, accounting for 26.30% of total shares[18]. - Zhuhai Zhongke Lanyun Technology Partnership holds 15,068,197 shares, representing 12.52% of total shares[18].