诺禾致源(688315) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was CNY 502,005,677.53, representing a 7.16% increase compared to CNY 468,475,325.62 in the same period last year[3] - Net profit attributable to shareholders was CNY 33,875,583.34, up 24.02% from CNY 27,315,351.75 year-over-year[3] - The basic earnings per share rose to CNY 0.08, a 14.29% increase from CNY 0.07 in the prior year[3] - Operating profit for Q1 2025 was RMB 38,979,110.09, compared to RMB 33,132,260.39 in Q1 2024, indicating a growth of 17.4%[14] - The net profit for Q1 2025 was CNY 36,069,339.72, an increase of 25.5% compared to CNY 28,754,862.43 in Q1 2024[15] - The total comprehensive income for Q1 2025 reached CNY 44,809,854.58, up 87.8% from CNY 23,842,215.83 in Q1 2024[15] - Basic and diluted earnings per share for Q1 2025 were both CNY 0.08, compared to CNY 0.07 in Q1 2024, reflecting a 14.3% increase[16] Research and Development - R&D expenses totaled CNY 29,464,412.16, an increase of 33.72% from CNY 22,034,279.90 in the previous year, accounting for 5.87% of revenue[4] - Research and development expenses for Q1 2025 were RMB 28,466,477.75, up from RMB 21,378,735.83 in Q1 2024, indicating a year-over-year increase of 33.0%[14] - Research and development expenses increased significantly to CNY 23,150,884.01 in Q1 2025, compared to CNY 14,955,959.11 in Q1 2024, marking a rise of 54.56%[22] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -147,278,064.55, compared to CNY -108,479,469.28 in the same period last year[3] - Cash inflow from operating activities in Q1 2025 was CNY 442,719,320.52, compared to CNY 401,224,877.38 in Q1 2024, marking a growth of 10.3%[17] - The net cash flow from investing activities for Q1 2025 was CNY 200,057,471.63, a significant recovery from a negative CNY 57,580,146.82 in Q1 2024[18] - The company reported a net cash outflow from financing activities of CNY 3,821,247.76 in Q1 2025, compared to a larger outflow of CNY 51,717,442.10 in Q1 2024[18] - The cash and cash equivalents increased from CNY 67,496,386.38 to CNY 163,367,400.01, showing a growth of 142.43%[20] - The ending balance of cash and cash equivalents was $67,396,386.38 in Q1 2025, down from $249,121,587.45 in Q1 2024[26] Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,637,738,270.37, a slight increase of 0.02% from CNY 3,636,977,990.07 at the end of the previous year[4] - Total liabilities decreased to RMB 1,079,854,783.92 as of March 31, 2025, from RMB 1,123,904,358.20 at the end of 2024, a reduction of 3.9%[12] - Shareholders' equity increased to RMB 2,557,883,486.45 as of March 31, 2025, compared to RMB 2,513,073,631.87 at the end of 2024, marking a growth of 1.8%[12] - The company's total assets increased from CNY 2,658,057,108.36 to CNY 2,771,614,940.75, reflecting a growth of approximately 4.26%[21] - The company's total liabilities rose from CNY 498,681,691.01 to CNY 626,535,556.98, indicating an increase of approximately 25.66%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,593[7] - The largest shareholder, Li Ruiqiang, holds 51.61% of the shares, totaling 214,810,148 shares[7]