Amlogic(SH:688099)2025-04-17 12:30Financial Performance - In Q1 2025, the company achieved revenue of CNY 1.53 billion, a year-on-year increase of 10.98%[3] - The net profit attributable to shareholders reached CNY 188.16 million, representing a year-on-year growth of 47.53%[3] - The gross margin for Q1 2025 was 36.23%, an increase of 2.01 percentage points compared to the previous year[6] - The diluted earnings per share for Q1 2025 was CNY 0.45, a 50% increase from CNY 0.30 in the same period last year[4] - Total revenue for Q1 2025 reached ¥1,529,708,116.46, an increase of 11.0% compared to ¥1,378,372,649.52 in Q1 2024[20] - Net profit for Q1 2025 was ¥188,164,483.33, representing a 47.5% increase from ¥127,551,536.65 in Q1 2024[21] - Basic and diluted earnings per share for Q1 2025 were both ¥0.45, compared to ¥0.30 in Q1 2024, indicating a 50.0% increase[22] Research and Development - R&D expenses totaled CNY 358.74 million, an increase of 9.22% compared to the same period last year, accounting for 23.45% of revenue[4] - Research and development expenses for Q1 2025 were ¥358,744,008.06, compared to ¥328,471,312.14 in Q1 2024, indicating a year-over-year increase of 9.2%[21] - The company has completed a new round of product optimization for Wi-Fi 6 chips, with shipments increasing by over 35% year-on-year[6] Cash Flow and Assets - The net cash flow from operating activities was CNY 270.28 million, a decrease of 9.15% compared to the previous year[3] - The company reported a net cash flow from operating activities of ¥1,498,309,164.80, which is a positive indicator for liquidity and operational efficiency[24] - The total assets at the end of Q1 2025 were CNY 7.77 billion, up 5.50% from the end of the previous year[4] - Total cash and cash equivalents at the end of the period amounted to $1,373,007,591.10, compared to $1,250,183,035.94 at the end of the previous period, reflecting an increase of 9.8%[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 22,167[11] - Amlogic (Hong Kong) Limited holds 92,541,087 shares, representing 22.04% of total shares[11] - TCL Ace Electric (Huizhou) Limited holds 20,555,950 shares, representing 4.90% of total shares[11] Future Outlook - The company expects further growth in Q2 2025, maintaining the judgment of year-on-year growth for the entire year[7] Inventory and Current Assets - Total current assets amount to approximately ¥6.16 billion, an increase from ¥5.83 billion in the previous period[16] - Cash and cash equivalents are reported at ¥3.32 billion, up from ¥2.96 billion[16] - Accounts receivable increased to ¥252.56 million from ¥176.68 million[16] - Inventory decreased slightly to ¥1.39 billion from ¥1.41 billion[16] - Non-current assets total approximately ¥1.48 billion, with fixed assets valued at ¥333.53 million[16] Operating Costs - Operating costs for Q1 2025 were ¥1,378,681,272.01, up from ¥1,259,913,219.90 in Q1 2024, reflecting a year-over-year increase of 9.4%[20]