优刻得(688158) - 2025 Q1 - 季度财报

Financial Performance - The company achieved operating revenue of CNY 375.74 million in Q1 2025, representing a year-on-year increase of 7.97% driven by growth in intelligent computing services[8]. - The net profit attributable to shareholders was a loss of CNY 44.73 million, an improvement from a loss of CNY 61.87 million in the same period last year[9]. - The gross profit increased by CNY 38.93 million, a year-on-year growth of 74.10%, with the gross margin rising by 9.25 percentage points to 24.34% due to higher revenue from high-margin intelligent computing services[9]. - Total operating revenue for Q1 2025 was CNY 375,740,150.44, an increase of 7.0% compared to CNY 348,001,564.81 in Q1 2024[20]. - Net profit for Q1 2025 was a loss of CNY 44,967,784.55, an improvement from a loss of CNY 62,002,253.29 in Q1 2024, indicating a 27.6% reduction in losses[22]. - The company reported a tax expense of CNY 1,953,459.76 for Q1 2025, compared to CNY 274,979.45 in Q1 2024, indicating a significant increase in tax obligations[22]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -15.10 million, a decline of 165.16% compared to the previous year, primarily due to reduced cash receipts from sales[10]. - Cash flow from operating activities for Q1 2025 was a net outflow of CNY 15,101,127.98, compared to a net inflow of CNY 23,174,604.94 in Q1 2024[25]. - The cash inflow from operating activities totaled CNY 438,876,233.81 in Q1 2025, down from CNY 456,059,298.03 in Q1 2024, reflecting a decrease of 3.8%[25]. - The net cash flow from investing activities was -$101,223,005.64, compared to -$210,192,783.27 in the previous period, indicating a significant reduction in cash outflow[26]. - Cash flow from financing activities resulted in a net outflow of -$13,140,188.18, compared to -$4,923,530.36 previously, reflecting increased cash distribution[26]. - The net increase in cash and cash equivalents was -$130,730,443.13, compared to -$192,119,117.80 in the prior period, indicating an improvement in cash management[26]. - The ending balance of cash and cash equivalents was $627,457,177.37, down from $1,095,537,787.60 in the previous period, highlighting a decrease in liquidity[26]. - The initial balance of cash and cash equivalents was $758,187,620.50, indicating a strong starting liquidity position despite the net decrease[26]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3.32 billion, down 1.78% from the end of the previous year[5]. - The company's total assets as of March 31, 2025, amounted to RMB 3,321,469,738.19, a decrease from RMB 3,381,497,695.22 at the end of 2024[17]. - Current assets decreased to RMB 1,318,121,317.31 from RMB 1,403,471,826.29, reflecting a decline of approximately 6.1%[17]. - The company's total liabilities decreased to RMB 901,407,815.83 from RMB 923,583,479.96, reflecting a reduction of approximately 2.4%[18]. - The company's total liabilities decreased from CNY 985,982,261.49 in the previous period to CNY 961,189,704.68, a reduction of approximately 2.5%[19]. - The total equity attributable to shareholders decreased from CNY 2,394,933,482.63 to CNY 2,359,933,345.71, a decline of about 1.5%[19]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 41,257, indicating a stable shareholder base[12]. - The total number of ordinary shares held by major shareholders includes 23,537,521 shares by China Mobile Capital Holdings Limited and 23,428,536 shares by Mo Xianfeng, indicating significant ownership concentration[13]. - The company’s major shareholders have signed a concerted action agreement, indicating a unified strategy among the top three shareholders[14]. Research and Development - Research and development expenses totaled CNY 50.64 million, accounting for 13.48% of operating revenue, a slight decrease from 13.95% in the previous year[5]. - Research and development expenses for Q1 2025 were CNY 50,638,805.74, up from CNY 48,555,376.31 in Q1 2024, representing a 4.3% increase[21]. - The company plans to continue investing in high-margin intelligent computing services to enhance profitability and market position[9]. - The company is focusing on expanding its presence in the AIGC sector, which is expected to drive future revenue growth[9]. Inventory and Other Financial Metrics - The company reported a significant increase in inventory, which rose to RMB 37,013,957.36 from RMB 24,776,571.20, marking an increase of about 49.2%[17]. - The weighted average return on net assets was -1.88%, an improvement from -2.38% in the same period last year[5]. - The company recorded other comprehensive income of CNY 50,911.61 in Q1 2025, contrasting with a loss of CNY 95,012.02 in Q1 2024, showing a positive turnaround[22]. - The company did not report any cash inflow from financing activities, which may suggest a lack of new capital raising efforts[26]. - The company will not apply new accounting standards starting from 2025, which may impact future financial reporting[26].