豪森智能(688529) - 2025 Q1 - 季度财报
2025-04-29 08:23
Financial Performance - The company's operating revenue for Q1 2025 was CNY 505,853,626.89, representing a 15.03% increase compared to CNY 439,740,134.87 in the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 31,556,714.02, a decrease of 502.97% from a profit of CNY 7,831,077.18 in the previous year[4]. - The basic and diluted earnings per share were both CNY -0.19, a decline of 480.00% from CNY 0.05 in the same period last year[4]. - Net profit for Q1 2025 was a loss of CNY 32.64 million, compared to a profit of CNY 6.67 million in Q1 2024[21]. Cash Flow - The net cash flow from operating activities was CNY 215,719,294.29, a significant improvement from a negative cash flow of CNY -285,756,414.23 in the same period last year[4]. - The company reported a significant increase in cash flow from operating activities, with CNY 824.04 million received from sales in Q1 2025, compared to CNY 394.77 million in Q1 2024[23]. - Cash inflow from investment activities totaled $113,428,576.96, down from $305,071,084.67 in the prior period[24]. - The net cash flow from financing activities increased to $197,326,593.09, compared to $115,770,724.91 previously[25]. - The total cash and cash equivalents at the end of the period reached $894,353,619.68, up from $476,073,570.73 at the end of the previous period[25]. - The net increase in cash and cash equivalents was $490,097,364.79, contrasting with a decrease of $122,526,518.63 in the prior period[25]. Assets and Liabilities - Total assets increased by 5.59% to CNY 6,850,542,244.14 from CNY 6,487,839,783.15 at the end of the previous year[5]. - Total current assets reached ¥5,412,432,278.01, up from ¥5,047,213,185.59, indicating an increase of 7.2%[15]. - Total liabilities increased to CNY 4.86 billion from CNY 4.47 billion, indicating a rise of approximately 8.7%[17]. - The company’s equity attributable to shareholders decreased to CNY 1.99 billion from CNY 2.02 billion, reflecting a decline of about 1%[17]. Research and Development - Research and development expenses totaled CNY 31,286,742.64, down 22.71% from CNY 40,481,412.97, with R&D expenses accounting for 6.18% of operating revenue, a decrease of 3.03 percentage points[5]. - The company has not disclosed any new product developments or technological advancements during the reporting period[13]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 8,556[10]. - The top shareholder, Dalian Botong Juyuan Industrial Co., Ltd., holds 12.03% of the shares, totaling 20,234,492 shares[12]. - The company reported no changes in the shareholding structure among the top 10 shareholders, with no shares being lent out through margin trading[12]. Market Conditions - The company experienced intensified competition in the downstream market, leading to extended acceptance periods and increased implementation costs, which negatively impacted gross margins[8]. Future Outlook - The company has not provided any specific future guidance or outlook for the upcoming quarters[13]. - There are no significant mergers or acquisitions reported in the recent financial disclosures[13].
极米科技(688696) - 2025 Q1 - 季度财报
2025-04-29 08:23
极米科技股份有限公司2025 年第一季度报告 证券代码:688696 证券简称:极米科技 (一)主要会计数据和财务指标 单位:元 币种:人民币 | 项目 | 本报告期 | 本报告期比上 | 年同期增减变 | | --- | --- | --- | --- | | | | 上年同期 | | | | | | 动幅度(%) | | 营业收入 | 809,855,500.01 | 825,497,244.54 | -1.89 | | 归属于上市公司股东的净利润 | 62,639,120.35 | 14,319,148.32 | 337.45 | | 归属于上市公司股东的扣除非 | 55,424,188.71 | 8,111,503.63 | 583.28 | | 经常性损益的净利润 | | | | | 经营活动产生的现金流量净额 | -150,095,141.48 | 146,037,988.73 | -202.78 | | 基本每股收益(元/股) | 0.92 | 0.20 | 360.00 | 1 / 12 极米科技股份有限公司 2025 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误 ...
吉翔股份(603399) - 2025 Q1 - 季度财报
2025-04-29 08:23
锦州永杉锂业股份有限公司2025 年第一季度报告 证券代码:603399 证券简称:永杉锂业 锦州永杉锂业股份有限公司 2025 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏,并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整,不存 在虚假记载、误导性陈述或重大遗漏,并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、主要财务数据 (一)主要会计数据和财务指标 单位:元 币种:人民币 | | | 本报告期比上年同 | | | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期 | 期增减变动幅度 | | | | | (%) | | 营业收入 | 1,094,744,900.71 | 1,451,319,861.64 | -24.57 | | 归属于上市公司股东的净利 | -29,499,247.67 | 7 ...
锴威特(688693) - 2025 Q1 - 季度财报
2025-04-29 08:23
Financial Performance - The company's operating revenue for Q1 2025 was ¥44,829,345.72, representing a 100.91% increase compared to ¥22,313,007.48 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥12,834,346.22, an improvement from a loss of ¥15,950,956.55 in the previous year[4] - Total operating revenue for Q1 2025 reached ¥44,829,345.72, a 100.9% increase from ¥22,313,007.48 in Q1 2024[19] - Net loss for Q1 2025 was ¥12,809,274.48, compared to a net loss of ¥15,950,956.55 in Q1 2024, representing a 19.5% improvement[20] - Operating profit for Q1 2025 was -¥13,024,573.10, an improvement from -¥18,418,723.67 in Q1 2024[19] - The weighted average return on equity improved to -1.44%, an increase of 0.13 percentage points from -1.57% in the previous year[4] - The company reported a basic and diluted earnings per share of -¥0.17 for Q1 2025, an improvement from -¥0.22 in Q1 2024[20] Research and Development - Research and development expenses totaled ¥14,815,002.45, which is a 29.19% increase from ¥11,467,335.35 year-over-year[4] - R&D expenses accounted for 33.05% of operating revenue, down from 51.39% in the previous year, a decrease of 18.34 percentage points[5] - Research and development expenses for Q1 2025 were ¥14,815,002.45, an increase of 29.5% compared to ¥11,467,335.35 in Q1 2024[19] Cash Flow and Assets - The net cash flow from operating activities was a negative ¥21,425,239.34, an improvement from a negative ¥24,016,342.03 in the same period last year[4] - As of March 31, 2025, the company's cash and cash equivalents amounted to RMB 178,337,888, an increase from RMB 173,387,046 as of December 31, 2024[14] - The total current assets reached RMB 836,697,608.66, compared to RMB 829,216,540.27 at the end of 2024, indicating a growth of approximately 0.57%[14] - The company's inventory increased to RMB 132,666,113.49 from RMB 114,324,826.76, reflecting a rise of about 16.06%[14] - The net cash flow from operating activities was -21,425,239.34, compared to -24,016,342.03 in the previous period, indicating an improvement[23] - The ending balance of cash and cash equivalents was 178,238,976.04, compared to 409,245,520.86 in the previous period, indicating a significant decrease[24] Liabilities and Equity - Total liabilities increased to ¥72,767,249.50 in Q1 2025, up from ¥59,561,475.83 in Q1 2024, reflecting a 22.4% rise[16] - The company's total equity decreased to ¥896,956,324.78 in Q1 2025 from ¥905,206,547.68 in Q1 2024, a decline of 0.3%[16] - The equity attributable to shareholders decreased by 2.26% to ¥884,804,729.24 from ¥905,234,059.39 at the end of the previous year[5] Strategic Initiatives - The increase in operating revenue was primarily driven by new product mass production and increased downstream demand, along with the consolidation of a newly invested holding company[8] - The company has established a strategic focus on market expansion and new product development as part of its growth strategy[12] - The company plans to utilize repurchased shares for employee stock ownership plans or equity incentives in the future[12] Share Repurchase - The company has approved a share repurchase plan with a total amount not less than RMB 10 million and not exceeding RMB 20 million, with a maximum repurchase price of RMB 57.66 per share[12] - A total of 63,364 shares have been repurchased, representing 0.09% of the company's total share capital, with a total expenditure of RMB 1,998,998.02[13] Other Financial Metrics - The total assets at the end of the reporting period were ¥969,723,574.28, a slight increase of 0.51% from ¥964,768,023.51 at the end of the previous year[5] - The trading financial assets decreased to RMB 391,245,520.55 from RMB 422,707,090.42, a decline of about 7.48%[14] - The company reported accounts receivable of RMB 87,627,830.15, up from RMB 79,099,541.27, marking an increase of approximately 10.67%[14]
必易微(688045) - 2025 Q1 - 季度财报
2025-04-29 08:23
Financial Performance - The company's operating revenue for Q1 2025 was ¥123,029,499.17, a decrease of 9.28% compared to ¥135,612,257.58 in the same period last year[5] - The net profit attributable to shareholders was -¥13,132,453.82, a significant decline of 4,708.31% from a profit of ¥284,973.32 in the previous year[5] - The basic earnings per share were -¥0.19, a decrease of 4,734.15% compared to ¥0.0041 in the same period last year[5] - Net profit for Q1 2025 was a loss of ¥15,228,464.03, compared to a loss of ¥3,632,662.31 in Q1 2024[22] - Operating profit for Q1 2025 was a loss of ¥16,537,247.52, compared to a loss of ¥4,030,699.68 in Q1 2024[22] Cash Flow - The net cash flow from operating activities was ¥14,288,011.77, reflecting a 12.72% increase from ¥12,675,637.92 in the previous year[5] - Cash flow from operating activities for Q1 2025 was ¥14,288,011.77, an increase of 12.7% from ¥12,675,637.92 in Q1 2024[26] - Cash inflow from investment activities for Q1 2025 was ¥383,303,270.68, down 44.1% from ¥683,833,882.21 in Q1 2024[26] - Cash outflow from investment activities for Q1 2025 was ¥857,716,578.61, a decrease of 28.0% from ¥1,190,787,631.94 in Q1 2024[26] - Net cash flow from investment activities for Q1 2025 was a loss of ¥474,413,307.93, compared to a loss of ¥506,953,749.73 in Q1 2024[26] - The net cash flow from financing activities was $9,998,532.05, compared to a negative cash flow of $21,133,750.94 in the previous period[27] - The total cash and cash equivalents at the end of the period amounted to $413,581,296.83, down from $863,708,342.69 at the beginning of the period[27] - The net increase in cash and cash equivalents was a decrease of $450,127,045.86, indicating a significant cash outflow[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,451,095,538.09, a decrease of 0.59% from ¥1,459,684,256.26 at the end of the previous year[6] - The company's current assets totaled RMB 1,270,666,024.53, down from RMB 1,299,601,868.84 at the end of 2024, indicating a decrease of approximately 2.4%[16][17] - Cash and cash equivalents decreased significantly from RMB 964,008,342.69 to RMB 413,581,296.83, representing a decline of about 57.1%[16][17] - Accounts receivable decreased from RMB 121,978,712.49 to RMB 77,665,332.26, a reduction of approximately 36.3%[17] - The total liabilities as of March 31, 2025, were RMB 128,420,731.00, slightly down from RMB 131,442,302.25 at the end of 2024[18] - Total liabilities as of the latest reporting period were ¥138,404,568.41, a slight decrease from ¥141,843,225.74 in the previous period[19] Research and Development - Research and development expenses totaled ¥35,875,763.65, accounting for 29.16% of operating revenue, an increase of 2.48 percentage points year-on-year[6] - Share-based payment expenses increased by 90.89% due to various employee incentive programs, impacting current profits[7] Product and Market Development - Revenue from motor drive, DC-DC, and linear voltage regulator products increased by 61.29%, with a gross margin rising to 29.13%[6] - There were no significant updates on new product developments or market expansion strategies mentioned in the provided content[15] Equity and Returns - The weighted average return on net assets was -0.93%, down 0.95 percentage points from 0.02% in the previous year[6] - The total number of ordinary shareholders at the end of the reporting period was 4,667[13] - The company's non-current assets increased from RMB 160,082,387.42 to RMB 180,429,513.56, reflecting an increase of about 12.7%[18] - The inventory level remained relatively stable, with a slight increase from RMB 168,998,376.25 to RMB 170,955,314.93[17] - The company reported a significant increase in other non-current financial assets from RMB 18,000,002.42 to RMB 38,000,002.42, marking a growth of 111.1%[18] - The total equity of the company is not explicitly stated in the provided documents, but the changes in assets and liabilities suggest a need for further analysis to assess equity position[16][18]
常青股份(603768) - 2025 Q1 - 季度财报
2025-04-29 08:23
证券代码:603768 证券简称:常青股份 合肥常青机械股份有限公司 2025 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏,并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整,不存 在虚假记载、误导性陈述或重大遗漏,并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、主要财务数据 合肥常青机械股份有限公司2025 年第一季度报告 2 / 13 (一)主要会计数据和财务指标 单位:元 币种:人民币 | 项目 | 本报告期 | 上年同期 | 本报告期比上年同期 增减变动幅度(%) | | --- | --- | --- | --- | | 营业收入 | 811,820,611.85 | 739,370,114.51 | 9.80 | | 归属于上市公司股东的净 利润 | 6,132,632.19 | 32,051,736.42 | -80.8 ...
华丰股份(605100) - 2025 Q1 - 季度财报
2025-04-29 08:23
华丰动力股份有限公司2025 年第一季度报告 证券代码:605100 证券简称:华丰股份 华丰动力股份有限公司 2025 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏,并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整,不存 在虚假记载、误导性陈述或重大遗漏,并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、主要财务数据 (一)主要会计数据和财务指标 单位:元 币种:人民币 | 项目 | 本报告期 | 上年同期 | 本报告期比上年同 期增减变动幅度(%) | | | --- | --- | --- | --- | --- | | 营业收入 | 221,783,679.57 | 306,726,978.13 | | -27.69 | | 归属于上市公司股东的净利润 | 11,643,913.53 | 30,041,022.38 | | -6 ...
晋亿实业(601002) - 2025 Q1 - 季度财报
2025-04-29 08:23
Financial Performance - The company's operating revenue for Q1 2025 was CNY 576,299,454.62, representing a 35.90% increase compared to CNY 424,066,092.18 in the same period last year[5] - Net profit attributable to shareholders was CNY 57,557,285.29, a significant recovery from a loss of CNY 20,608,945.66 in the previous year[5] - Basic and diluted earnings per share were both CNY 0.06, compared to a loss of CNY 0.022 per share in the same period last year[5] - The company reported a significant increase in net profit due to improved sales performance in its main business operations[8] - Total operating revenue for Q1 2025 reached ¥576,299,454.62, a 36% increase from ¥424,066,092.18 in Q1 2024[18] - Net profit for Q1 2025 was ¥57,892,928.83, a significant recovery from a net loss of ¥20,185,500.22 in Q1 2024[19] - Earnings per share for Q1 2025 were ¥0.06, compared to a loss per share of ¥0.022 in Q1 2024[20] - The total comprehensive income for Q1 2025 was ¥57,923,408.83, recovering from a loss of ¥20,202,426.60 in Q1 2024[19] Cash Flow and Investments - The net cash flow from operating activities decreased by 94.87%, amounting to CNY 6,735,144.70, down from CNY 131,229,445.18 in the previous year[5] - Cash flow from operating activities for Q1 2025 was ¥6,735,144.70, down from ¥131,229,445.18 in Q1 2024[21] - Net cash flow from investment activities was -$77.01 million, a significant decrease from -$4.93 million in the previous period[22] - Total cash inflow from investment activities was $132.26 million, compared to $314.61 million last year, indicating a decline of approximately 58%[22] - Total cash outflow from investment activities reached $209.28 million, down from $319.54 million, reflecting a decrease of about 35%[22] - Cash flow from financing activities resulted in a net outflow of -$57,557.49, compared to -$51.46 million in the previous period[22] - The net increase in cash and cash equivalents was -$70.93 million, compared to an increase of $75.26 million in the previous period[22] - The ending balance of cash and cash equivalents was $455.64 million, down from $229.42 million last year[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,174,997,793.79, a slight decrease of 0.12% from CNY 5,181,470,875.50 at the end of the previous year[6] - Total current assets as of March 31, 2025, amount to ¥3,219,706,614.64, a slight increase from ¥3,201,522,687.77 on December 31, 2024[14] - Total liabilities decreased to ¥931,133,863.61 from ¥996,426,606.69, indicating a reduction of approximately 6.5%[15] - The company's total assets as of March 31, 2025, are ¥5,174,997,793.79, slightly down from ¥5,181,470,875.50[14] - The non-current assets total is ¥1,955,291,179.15, down from ¥1,979,948,187.73, reflecting a decrease of about 1.2%[14] - The company reported a decrease in short-term borrowings, contributing to the overall reduction in liabilities[15] Shareholder Information - The largest shareholder, CHIN CHAMP ENTERPRISE CO., LTD., holds 372,064,367 shares, representing 38.98% of total shares[11] - Shareholders' equity attributable to the parent company increased by 1.40%, reaching CNY 4,233,569,471.29 compared to CNY 4,175,085,453.46 at the end of the previous year[6] - The company’s total equity increased to ¥4,243,863,930.18 from ¥4,185,044,268.81 year-over-year[16] Operational Insights - The increase in operating revenue was primarily driven by higher sales of railway fastening system products during the reporting period[8] - Research and development expenses increased to ¥24,376,825.15 in Q1 2025, up from ¥15,882,757.56 in Q1 2024, marking a 53.5% rise[18] - The company has not reported any changes in major shareholders or significant operational issues during the reporting period[12] Accounting Changes - The company plans to implement new accounting standards starting in 2025, which may affect the financial statements[23]
新大洲A(000571) - 2025 Q1 - 季度财报
2025-04-29 08:23
Financial Performance - The company's revenue for Q1 2025 was ¥88,372,912.65, a decrease of 56.91% compared to ¥205,112,941.21 in Q1 2024[5] - The net loss attributable to shareholders for Q1 2025 was ¥33,402,365.19, representing a 99.53% increase in loss from ¥16,740,138.12 in the same period last year[5] - The operating profit for Q1 2025 was -¥40,090,078.85, a significant decline of 566.87% from -¥6,011,705.91 in Q1 2024[9] - The company's net profit for the current period was -44,000,646.79, compared to -13,007,486.40 in the previous period, indicating a significant increase in losses[25] - Total comprehensive income for the current period was -38,997,027.65, compared to -16,167,717.92 in the previous period, showing a larger overall loss[26] Cash Flow and Liquidity - The net cash flow from operating activities was -¥120,487,056.65, a decline of 458.34% compared to -¥21,579,703.65 in Q1 2024[11] - The company reported a net increase in cash and cash equivalents of -¥192,997,219.25, a decrease of 309.76% from -¥47,100,224.51 in Q1 2024[11] - Cash flow from operating activities resulted in a net outflow of -120,487,056.65, compared to -21,579,703.65 in the previous period, indicating a substantial decline in cash generation[27] - Cash and cash equivalents at the end of the period decreased to 351,937,163.34 from 503,127,883.40, reflecting a significant reduction in liquidity[28] Assets and Liabilities - The total assets at the end of Q1 2025 were ¥2,481,698,061.62, down 4.80% from ¥2,606,772,410.24 at the end of the previous year[5] - Total liabilities decreased to CNY 1,546,881,008.04 from CNY 1,629,566,679.81, a decline of 5.06%[22] - The company's equity attributable to shareholders decreased to CNY 196,679,279.84 from CNY 226,933,900.80, a drop of 13.33%[22] Operational Metrics - The sales volume of coal by Wujia Group in Q1 2025 was 284,700 tons, a decrease of 55.56% year-on-year[10] - Total operating costs amounted to CNY 125,339,121.90, down from CNY 208,405,718.74, reflecting a reduction of 39.73%[24] Expenses - Management expenses decreased by 32.47% to CNY 23,231,831.50, primarily due to reduced management costs at Wujin Group and the holding parent company[13] - R&D expenses increased by 100% to CNY 404,716.98, attributed to higher spending by Wujin Group[13] - Financial expenses rose by 82.83% to CNY 14,285,371.09, mainly due to increased foreign exchange losses at New Dazhou Hong Kong Development Co., Ltd.[13] Receivables and Inventory - Accounts receivable surged by 484.68% to CNY 4,495,122.45, indicating a significant increase in receivables at Wujin Group[13] - Inventory increased by 166.93% to CNY 82,019,424.76, reflecting a rise in coal stock at Wujin Group[13] Tax and Other Financial Information - The company reported a 99.62% decrease in income tax expenses to CNY 18,304.43, mainly due to reduced tax expenses at Wujin Group[13] - The company has no outstanding income tax payable as of March 31, 2025, with a total overdue fine of CNY 42,044,954.41[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 48,959, with the largest shareholder holding 12.85% of shares[14] Audit and Compliance - The company plans to address the audit report's reserved opinion by paying CNY 45,611,300 to its subsidiary, resolving the related issues[17]
爱丽家居(603221) - 2025 Q1 - 季度财报
2025-04-29 08:23
Financial Performance - The company's operating revenue for Q1 2025 was ¥310,113,002.27, a decrease of 6.31% compared to ¥330,993,309.25 in the same period last year[4] - Net profit attributable to shareholders decreased by 37.81% to ¥22,171,310.08 from ¥35,648,225.76 year-on-year[4] - The basic earnings per share fell by 40.00% to ¥0.09 from ¥0.15 in the previous year[5] - The weighted average return on equity decreased by 1.01 percentage points to 1.38% from 2.39%[5] - The net profit excluding non-recurring gains and losses decreased by 45.75% to ¥22,135,817.01 from ¥40,805,563.77 year-on-year[4] - Net profit for Q1 2025 was ¥16,679,029.25, down 47.4% from ¥31,689,396.33 in Q1 2024[21] - The company reported a total comprehensive income of ¥17,463,867.11 for Q1 2025, down from ¥32,142,434.38 in Q1 2024[22] Cash Flow and Assets - The net cash flow from operating activities was ¥62,609,972.61, down 17.59% from ¥75,976,735.20 in the same period last year[4] - The company's cash and cash equivalents amount to approximately RMB 575.11 million, an increase from RMB 533.29 million at the end of the previous period[16] - Cash received from sales of goods and services in Q1 2025 was ¥358,342,809.61, an increase of 10.6% from ¥324,045,007.18 in Q1 2024[25] - The ending balance of cash and cash equivalents reached $545,524,998.62, up from $414,300,261.36 in the previous period, marking an increase of approximately 31.7%[27] - Total assets increased by 3.90% to ¥2,636,814,747.17 from ¥2,537,768,565.74 at the end of the previous year[5] - Total liabilities increased to ¥907,005,553.63 in Q1 2025, compared to ¥827,257,210.14 in Q1 2024[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,636[10] - The largest shareholder, Zhangjiagang Bohua Enterprise Management Co., Ltd., holds 154,800,000 shares, accounting for 63.29% of total shares[10] - The equity attributable to shareholders rose by 1.57% to ¥1,616,278,533.34 from ¥1,591,317,451.71 at the end of the previous year[5] Expenses and Costs - Total operating costs increased to ¥294,637,830.73 in Q1 2025, up 2.4% from ¥288,509,918.68 in Q1 2024[20] - Research and development expenses for Q1 2025 were ¥7,502,561.04, a decrease of 11.1% from ¥8,442,741.47 in Q1 2024[21] - Cash paid to employees was $58,702,687.61, compared to $52,843,233.45 in the previous period, showing an increase of about 11.1%[26] Market and Trade Environment - The decrease in net profit was primarily due to a reduction in orders, increased expenses during the establishment of the Mexican subsidiary, and decreased foreign exchange gains[8] - The company emphasizes the potential negative impact of US-China trade tensions and tariffs on exports to the US[12] - The company is focused on expanding its market presence and is monitoring the implications of international trade policies[12] Non-Recurring Items - Non-recurring gains and losses for the period amounted to ¥35,493.07 after tax and minority interest adjustments[7] Accounting Changes - The company plans to implement new accounting standards starting in 2025, which may affect the financial statements[28]