SHGBIT(SH:603918)2025-04-18 10:35Financial Performance - The company's operating revenue for Q1 2025 was ¥101,104,668.59, representing a year-on-year increase of 63.93% compared to ¥61,674,701.59 in the same period last year[3]. - The net profit attributable to shareholders of the listed company was -¥23,153,186.78, an improvement from -¥30,327,815.51 in the previous year[3]. - The basic earnings per share for the period was -¥0.0632, compared to -¥0.0828 in the same period last year[3]. - The net cash flow from operating activities was -¥73,324,900.21, slightly improved from -¥77,884,429.91 year-on-year[3]. - The net loss for Q1 2025 was ¥25,638,531.80, compared to a net loss of ¥30,889,711.69 in Q1 2024, indicating an improvement of approximately 17%[18]. - The company recorded a total profit loss of ¥28,593,783.45 in Q1 2025, compared to a loss of ¥35,561,520.28 in Q1 2024, showing a reduction in losses[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,529,264,577.25, a decrease of 4.85% from ¥1,607,154,340.87 at the end of the previous year[4]. - The company's current assets totaled RMB 1,220,706,478.55, down from RMB 1,327,282,389.41, indicating a decrease of about 8.0%[13][15]. - Cash and cash equivalents decreased to RMB 511,660,132.91 from RMB 739,016,133.43, representing a significant decline of approximately 30.8%[13][15]. - Accounts receivable stood at RMB 262,969,064.65, down from RMB 286,981,148.42, which is a decrease of around 8.4%[13][15]. - The total liabilities decreased to RMB 508,514,560.02 from RMB 542,349,317.70, marking a reduction of about 6.2%[15]. - The company's equity attributable to shareholders decreased to RMB 1,025,504,000.24 from RMB 1,067,073,661.17, reflecting a decline of approximately 3.9%[15]. - The company's total liabilities and equity amounted to RMB 1,529,264,577.25, consistent with the total assets reported[15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 76,691[9]. - The top shareholder, Jin Guopei, holds 66,646,939 shares, accounting for 18.18% of the total shares[9]. - The company reported a total of 2,334,758 shares held in the repurchase account, accounting for 0.64% of the total share capital as of March 31, 2025[10]. Investment and Cash Flow - Investment activities resulted in a net cash outflow of ¥147,002,537.79 in Q1 2025, compared to a net outflow of ¥60,417,995.47 in Q1 2024, reflecting increased investment activities[21]. - Cash and cash equivalents at the end of Q1 2025 stood at ¥434,285,502.38, down from ¥511,231,718.64 at the end of Q1 2024[21]. - The company experienced a foreign exchange impact of -¥464,520.51 on cash and cash equivalents in Q1 2025, contrasting with a positive impact of ¥720.79 in Q1 2024[21]. Operating Costs and Expenses - Total operating costs increased to ¥126,283,537.87 in Q1 2025 from ¥99,070,494.50 in Q1 2024, marking a rise of about 27.5%[17]. - Research and development expenses decreased to ¥6,038,865.08 in Q1 2025 from ¥8,031,502.64 in Q1 2024, indicating a focus on cost management[17]. Non-Recurring Items - The company reported non-recurring gains and losses totaling ¥614,955.76 for the period[6]. - The weighted average return on equity increased by 0.56 percentage points to -2.18% from -2.74% year-on-year[3]. - The company's long-term equity investment decreased slightly to RMB 21,631,884.89 from RMB 21,790,787.12, indicating a minor decline of about 0.73%[14]. - The company’s non-current assets increased to RMB 308,558,098.70 from RMB 279,871,951.46, showing an increase of approximately 10.2%[14][15].