Financial Performance - The company's operating revenue for Q1 2025 was ¥665,422,047.32, representing a 26.36% increase compared to ¥526,616,963.33 in the same period last year[5] - The net profit attributable to shareholders was ¥51,178,705.78, a slight increase of 0.48% from ¥50,933,685.34 year-on-year[5] - The net profit after deducting non-recurring gains and losses decreased by 14.03% to ¥39,867,589.83 from ¥46,372,972.34 in the previous year[5] - The basic earnings per share decreased by 7.69% to ¥0.12 from ¥0.13 in the previous year[5] - Total operating revenue for the current period reached ¥665,422,047.32, an increase of 26.4% compared to ¥526,616,963.33 in the previous period[25] - Net profit for the current period was ¥51,178,705.78, representing a slight increase from ¥50,933,685.34 in the previous period[26] - Other comprehensive income after tax for the current period was ¥105,945.59, a decrease from ¥451,088.89 in the previous period[26] Cash Flow - The net cash flow from operating activities increased by 51.19% to ¥135,682,437.86, up from ¥89,742,439.53 in the same period last year[5] - Cash flow from operating activities generated a net amount of ¥135,682,437.86, compared to ¥89,742,439.53 in the previous period, reflecting a growth of 51.2%[27] - Cash inflow from financing activities totaled $156.87 million, a decrease of 80.2% compared to $787.96 million in the prior period[28] - Cash outflow for financing activities was $110.48 million, down from $161.17 million, representing a reduction of 31.4%[28] - The net increase in cash and cash equivalents was $326.65 million, compared to $740.27 million in the previous period, showing a decline of 55.9%[28] - The impact of exchange rate fluctuations on cash and cash equivalents was $1.49 million, contrasting with a negative impact of $6.66 million in the previous period[28] Investment and Assets - The company's total assets at the end of the reporting period were ¥4,423,736,044.67, reflecting a 2.90% increase from ¥4,299,264,646.14 at the end of the previous year[5] - The company's cash and cash equivalents increased by 80.05% to ¥559,143,304.10, primarily due to increased revenue[9] - The company reported a total non-current asset value of approximately ¥1.43 billion, down from ¥1.57 billion, a decrease of about 8.9%[22] - Investment income increased significantly by 149.74% to ¥14,653,628.61 from ¥5,867,670.94 in the previous year, driven by higher returns from financial investments[10] - The company achieved a cash inflow from investment activities of ¥839,785,014.37, up from ¥423,712,384.77 in the previous period, indicating a growth of 98.5%[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,373[14] - SigmaStar Technology Inc. holds 28.79% of shares, totaling 121,203,000 shares[14] - Elite Star Holdings Limited has a holding of 8.43%, amounting to 35,481,110 shares, with 25,263,600 shares pledged[14] - The total number of restricted shares for SigmaStar Technology Inc. is 121,203,000, with no shares released during the period[16] - The total number of restricted shares for Elite Star Holdings Limited is 35,481,110, also with no shares released during the period[16] - The total number of unrestricted shares held by Kunqiao Capital is 18,081,000, which were fully released during the period[16] Research and Development - Research and development expenses rose by 19.78% to ¥167,931,592.98, compared to ¥140,203,442.88 in the previous year, indicating continued investment in R&D[10] - Research and development expenses increased to ¥167,931,592.98, up 19.8% from ¥140,203,442.88 year-over-year[25] Operational Changes - The company plans to deregister its wholly-owned subsidiary, Shanghai Jingchen Microelectronics Co., Ltd., to optimize resource allocation and reduce management costs[19] - The company appointed Mr. Xiao Peijun as the representative and manager of its Taiwan branch, effective February 1, 2025, to enhance operational management[18] Audit and Compliance - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[29] - The company plans to implement new accounting standards starting in 2025, which may affect future financial reporting and analysis[29]
星宸科技(301536) - 2025 Q1 - 季度财报