龙软科技(688078) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥36,906,371.25, a decrease of 20.40% compared to ¥46,364,698.26 in the same period last year[4] - Net profit attributable to shareholders was ¥8,994,051.33, down 26.14% from ¥12,177,743.18 year-on-year[4] - The net profit for Q1 2025 was CNY 8,553,261.40, a decrease of 28.8% compared to CNY 11,988,816.82 in Q1 2024[16] - The company reported a total profit of CNY 9,364,374.41 for Q1 2025, down from CNY 12,974,437.27 in Q1 2024, reflecting a decrease of 27.5%[16] - The company's revenue for Q1 2025 was CNY 36,906,371.25, a decrease of 20.4% compared to CNY 46,289,817.73 in Q1 2024[23] - Operating profit for Q1 2025 was CNY 11,202,060.31, down from CNY 15,642,036.38 in Q1 2024, reflecting a decline of 28.5%[23] - Net profit for Q1 2025 was CNY 10,117,123.03, a decrease of 29.6% compared to CNY 14,394,029.31 in Q1 2024[23] - The total comprehensive income for Q1 2025 was CNY 8,553,261.40, down from CNY 11,988,816.82 in Q1 2024, indicating a decline of 28.8%[16] - The company reported a total comprehensive income of 10,117,123.03 RMB in Q1 2025, compared to 14,394,029.31 RMB in Q1 2024, reflecting a decline of 29.8%[24] Research and Development - R&D investment totaled ¥11,577,030.32, representing an increase of 16.83% from ¥9,909,583.19 in the previous year[4] - R&D expenses accounted for 31.37% of operating revenue, up 10 percentage points from 21.37% in the same period last year[5] - Research and development expenses increased to CNY 11,577,030.32 in Q1 2025, up from CNY 9,909,583.19 in Q1 2024, representing a growth of 16.8%[15] - Research and development expenses increased to CNY 10,849,282.41 in Q1 2025, up from CNY 8,268,129.74 in Q1 2024, representing a growth of 31.5%[23] - The company is focusing on expanding its research and development efforts, as indicated by the increase in R&D expenses, which may lead to new product innovations in the future[23] Cash Flow and Liquidity - The net cash flow from operating activities was -¥22,900,286.04, an improvement from -¥29,586,532.76 in the previous year[4] - Cash flow from operating activities for Q1 2025 was negative CNY 22,900,286.04, an improvement from negative CNY 29,586,532.76 in Q1 2024[17] - Total cash inflow from investment activities in Q1 2025 was 60,407,945.20 RMB, significantly higher than 10,028,532.88 RMB in Q1 2024, representing a 503.9% increase[24] - The net cash flow from investment activities improved to 30,718,587.94 RMB in Q1 2025, compared to -6,800,862.31 RMB in Q1 2024, marking a substantial turnaround[24] - The company's cash and cash equivalents at the end of Q1 2025 stood at 84,810,678.50 RMB, up from 65,381,446.41 RMB at the end of Q1 2024, reflecting a 29.6% increase[25] - The total operating cash inflow for Q1 2025 was 66,557,539.14 RMB, down from 70,255,725.14 RMB in Q1 2024, indicating a decrease of 5.7%[24] - Cash paid for purchasing goods and services in Q1 2025 was 29,085,912.65 RMB, a decrease from 32,278,736.48 RMB in Q1 2024, showing an 8.3% reduction[24] - The cash flow from financing activities showed a net outflow of -39,500.00 RMB in Q1 2025, slightly improved from -39,938.89 RMB in Q1 2024[25] - The company received 4,415,482.88 RMB in tax refunds during Q1 2025, down from 6,625,293.42 RMB in Q1 2024, representing a 33.3% decrease[24] - The company’s cash flow from operating activities was impacted by increased payments to employees, which rose to 40,368,649.23 RMB in Q1 2025 from 32,774,852.78 RMB in Q1 2024, a 23.8% increase[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥909,211,914.51, a decrease of 3.26% from ¥939,873,175.82 at the end of the previous year[5] - Total assets as of March 31, 2025, were CNY 909,211,914.51, down from CNY 939,873,175.82 on December 31, 2024, a decrease of 3.3%[11] - Total liabilities decreased to CNY 149,382,200.77 as of March 31, 2025, from CNY 192,433,301.33 on December 31, 2024, a reduction of 22.3%[11] - Total liabilities decreased to CNY 155,696,741.36 from CNY 199,466,171.28, a reduction of 21.9%[21] - The company's equity increased to CNY 759,829,713.74 as of March 31, 2025, compared to CNY 747,439,874.49 on December 31, 2024, an increase of 1.8%[12] - Shareholder equity attributable to shareholders increased by 1.73% to ¥753,523,551.08 from ¥740,692,921.90 at the end of the previous year[5] - The company reported a significant decrease in accounts payable, which fell to CNY 100,944,110.98 from CNY 123,899,891.18, a decline of 18.5%[21] - The company has maintained its capital reserve at CNY 377,603,540.03, showing stability in its equity structure[21] Earnings Per Share - The basic earnings per share decreased to ¥0.12, down 29.41% from ¥0.17 in the same period last year[4] - The diluted earnings per share was ¥0.12, a decrease of 25.00% from ¥0.16 year-on-year[4] - Basic earnings per share for Q1 2025 was CNY 0.12, down from CNY 0.17 in Q1 2024, representing a decline of 29.4%[17]