GLARUNTECH(SH:600562)2025-04-18 13:50Financial Performance - The company's operating revenue for Q1 2025 was CNY 363,312,151.52, a decrease of 35.36% compared to CNY 562,028,382.63 in the same period last year[5]. - Net profit attributable to shareholders was CNY 75,310,920.07, down 34.81% from CNY 115,520,447.75 year-on-year[5]. - Basic and diluted earnings per share were both CNY 0.06, representing a decline of 33.33% compared to CNY 0.09 in the previous year[5]. - The decline in revenue was primarily attributed to fluctuations in the delivery cycle of radar systems and related projects[5]. - Total operating revenue for Q1 2025 was ¥363,312,151.52, a decrease of 35.4% compared to ¥562,028,382.63 in Q1 2024[16]. - Net profit for Q1 2025 was ¥75,463,515.17, representing a decline of 34.8% from ¥115,781,320.81 in Q1 2024[17]. - Operating profit for Q1 2025 was ¥86,299,166.66, a decrease of 33.7% compared to ¥130,071,550.63 in Q1 2024[16]. Cash Flow - The net cash flow from operating activities was negative at CNY -202,251,658.57, an improvement from CNY -288,488,222.42 in the same period last year[5]. - Cash flow from operating activities for Q1 2025 was negative at -¥202,251,658.57, an improvement from -¥288,488,222.42 in Q1 2024[19]. - The company reported a net cash outflow of ¥259,525,948.38 in Q1 2025, slightly better than the outflow of ¥261,553,655.27 in Q1 2024[20]. - In Q1 2025, the net cash flow from operating activities was $285,053.26, a significant improvement from a net outflow of $4,474,250.63 in Q1 2024[29]. - The net increase in cash and cash equivalents for Q1 2025 was $99,181,412.48, contrasting with a decrease of $1,881,391.26 in Q1 2024[29]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 9,222,722,853.30, a decrease of 0.81% from CNY 9,297,822,787.35 at the end of the previous year[6]. - The company's current assets totaled RMB 8,070,096,649.80, slightly down from RMB 8,133,114,242.17, indicating a decrease of about 0.8%[12]. - Total liabilities decreased to RMB 3,112,317,131.61 from RMB 3,265,040,402.90, reflecting a decline of about 4.7%[14]. - The total current liabilities amounted to RMB 3,029,108,131.30, down from RMB 3,183,158,490.77, which is a decrease of approximately 4.8%[14]. - The total liabilities as of March 31, 2025, were ¥56,876,560.23, down from ¥57,994,644.37 at the end of 2024, reflecting a decrease of approximately 1.93%[23]. - The total assets stood at ¥4,709,162,057.59 as of March 31, 2025, which is a slight decrease from ¥4,710,493,643.67 on December 31, 2024, showing a reduction of about 0.03%[24]. Shareholder Information - The company has a total of 23,545 common shareholders at the end of the reporting period[9]. - The largest shareholder, China Electronics Technology Group Corporation No. 14 Research Institute, holds 52.6% of the shares[9]. Equity and Retained Earnings - The company's equity increased to RMB 6,110,405,721.69 from RMB 6,032,782,384.45, indicating a growth of approximately 1.3%[14]. - The company's retained earnings increased to RMB 2,821,985,431.15 from RMB 2,746,674,511.08, reflecting an increase of about 2.7%[14]. Expenses - Research and development expenses for Q1 2025 were ¥35,869,490.29, a decrease of 11.1% from ¥40,311,205.25 in Q1 2024[16]. - The company's management expenses for Q1 2025 were ¥8,034,287.48, a decrease from ¥10,791,535.46 in Q1 2024, representing a reduction of approximately 25.7%[25]. - Payments to employees in Q1 2025 totaled $4,234,072.14, down 50.9% from $8,625,862.50 in Q1 2024[29]. Investment Income - The investment income for Q1 2025 was ¥7,700,275.71, a significant drop from ¥26,980,742.82 in Q1 2024, indicating a decrease of about 71.5%[25].