埃科光电(688610) - 2025 Q1 - 季度财报

Revenue and Profit - The company's revenue for Q1 2025 was ¥74,848,686.08, representing a 19.02% increase compared to ¥62,888,021.85 in the same period last year[4] - Net profit attributable to shareholders decreased by 5.94% to ¥8,623,448.88 from ¥9,167,557.08 year-on-year[4] - The company's net profit for Q1 2025 was CNY 8,623,448.88, a decrease of 5.94% compared to CNY 9,167,557.08 in Q1 2024[20] - Operating profit for Q1 2025 was CNY 8,598,542.34, down 12.91% from CNY 9,869,249.20 in the same period last year[20] - The total comprehensive income for Q1 2025 was CNY 8,623,448.88, reflecting a decrease from CNY 9,167,557.08 in Q1 2024[20] Research and Development - R&D investment totaled ¥13,648,653.08, a significant increase of 63.52% from ¥8,346,586.75 in the previous year, accounting for 18.23% of total revenue[5] - R&D expenses increased significantly to RMB 13,648,653.08 in Q1 2025, compared to RMB 8,346,586.75 in Q1 2024, marking a growth of 63.5%[18] - The company plans to continue investing in R&D to enhance product offerings and market competitiveness[18] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥22,860,035.61, compared to -¥19,540,846.23 in the same period last year[4] - Cash flow from operating activities showed a net outflow of CNY 22,860,035.61, compared to a net outflow of CNY 19,540,846.23 in Q1 2024[22] - The company reported a significant cash outflow from investing activities of CNY 132,988,740.40 in Q1 2025, compared to CNY 1,401,325.06 in Q1 2024[23] - Cash and cash equivalents decreased to RMB 173,245,860.89 from RMB 331,693,179.94 at the end of 2024[14] - Cash and cash equivalents at the end of Q1 2025 were CNY 171,252,683.05, a decrease from CNY 139,198,179.93 in Q1 2024[23] - The company received CNY 365,192,987.05 from investment recoveries in Q1 2025, indicating a strong inflow from investment activities[22] Assets and Liabilities - Total assets increased by 1.48% to ¥1,552,321,943.62 from ¥1,529,643,032.33 at the end of the previous year[5] - The total assets as of March 31, 2025, amounted to RMB 1,552,321,943.62, slightly up from RMB 1,529,643,032.33 at the end of 2024[16] - The company's total liabilities were RMB 90,927,131.76 as of March 31, 2025, compared to RMB 77,221,068.10 at the end of 2024[16] - The total equity increased to RMB 1,461,394,811.86 as of March 31, 2025, from RMB 1,452,421,964.23 at the end of 2024[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,013[8] - The top shareholder, Dong Ning, holds 32.92% of the shares, totaling 22,388,533 shares[9] Earnings Per Share - The basic earnings per share remained stable at ¥0.13, unchanged from the previous year[4] - Basic and diluted earnings per share remained stable at CNY 0.13 for both Q1 2025 and Q1 2024[20] Financial Performance Metrics - The weighted average return on equity decreased slightly to 0.59% from 0.61% year-on-year[5] - The company reported non-recurring gains of ¥2,088,965.72, with government subsidies contributing ¥1,655,116.99[6] - The company reported a net profit margin improvement, with financial expenses showing a reduction to -RMB 5,237,263.68 in Q1 2025 from -RMB 4,132,102.34 in Q1 2024[18] Accounting Changes - The company plans to adjust its financial reporting in accordance with new accounting standards effective from 2025[24]