Financial Performance - The company's revenue for Q1 2025 reached ¥309,445,113.08, representing a 51.54% increase compared to ¥204,197,033.06 in the same period last year[5] - Net profit attributable to shareholders was ¥22,315,771.77, a 6.87% increase from ¥20,880,986.68 year-over-year[5] - The net profit after deducting non-recurring gains and losses was ¥22,199,420.71, up 43.40% from ¥15,480,676.82 in the previous year[5] - Basic and diluted earnings per share were both ¥0.17, reflecting a 6.25% increase from ¥0.16 in the previous year[5] - Total operating revenue for the current period reached ¥309,445,113.08, a significant increase of 51.6% compared to ¥204,197,033.06 in the previous period[23] - Net profit for the current period was ¥22,315,771.77, representing a 6.9% increase from ¥20,880,986.68 in the previous period[24] - The company reported a comprehensive income total of ¥18,464,370.38, compared to ¥8,749,397.79 in the prior period, indicating a substantial growth[24] Assets and Liabilities - The company's total assets increased by 2.02% to ¥2,517,881,451.84 from ¥2,468,018,304.72 at the end of the previous year[5] - Non-current assets totaled ¥958,503,735.33, slightly down from ¥964,288,775.13 in the previous period[21] - Total assets increased to ¥2,517,881,451.84 from ¥2,468,018,304.72, reflecting a growth of 2.0%[21] - Current liabilities rose to ¥990,819,969.09, compared to ¥960,116,229.26 in the previous period, marking an increase of 3.9%[21] - Total liabilities increased to ¥996,768,296.73 from ¥966,260,057.06, showing a growth of 3.2%[21] - Owner's equity totaled ¥1,521,113,155.11, up from ¥1,501,758,247.66, indicating a growth of 1.3%[21] Cash Flow - The net cash flow from operating activities was negative at -¥59,383,660.12, a decline of 204.36% compared to a positive cash flow of ¥56,904,104.55 in the same period last year[5] - Operating cash inflow totaled $208.24 million, a decrease from $227.00 million in the previous period, reflecting a decline of approximately 8.5%[26] - Net cash outflow from operating activities was -$59.38 million, compared to a positive cash flow of $56.90 million in the prior period[26] - Investment cash inflow was $132.70 million, down from $158.76 million, marking a decrease of about 16.4%[27] - Net cash flow from investment activities was $82.80 million, a significant improvement from -$194.35 million in the previous period[27] - Cash inflow from financing activities was $91.05 million, compared to $118.80 million in the prior period, representing a decline of approximately 23.5%[27] - Net cash flow from financing activities was $31.30 million, down from $84.40 million in the previous period[27] - The net increase in cash and cash equivalents was $53.20 million, contrasting with a decrease of -$52.80 million in the previous period[27] - The ending balance of cash and cash equivalents stood at $666.49 million, an increase from $637.41 million in the prior period[27] Inventory and Expenses - The company's inventory increased by 33.54% to ¥345,775,734.86, primarily due to bulk procurement of raw materials[9] - The company reported a significant increase in cash paid for purchasing goods and services, totaling ¥193,114,914.89, an 88.93% increase from the previous year[10] - The company experienced a 39.04% increase in cash paid to employees, amounting to ¥58,578,939.43, due to an increase in personnel in its Thailand division[10] - The company's financial expenses decreased by 81.25% to -¥904,570.41, attributed to reduced exchange gains during the reporting period[9] - Total operating costs amounted to ¥279,543,467.63, up 56.7% from ¥178,365,367.43 in the prior period, with operating costs specifically rising from ¥153,485,140.09 to ¥244,420,457.69[23] - Payments to employees increased to ¥58.58 million from ¥42.13 million, reflecting a rise of about 38.9%[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 15,049[12] - Ji'an Jiarun Investment Co., Ltd. holds 50.51% of shares, totaling 68,000,000 shares[12] - The total number of restricted shares at the end of the period is 80,695,520 shares, with no shares released during the current period[15] Future Projects - The company is set to launch a new factory in Thailand in June 2024, aimed at producing various types of PCB circuit boards[16] - A new project in Jiangxi with an annual production capacity of 300,000 square meters of HDI soft boards is expected to be completed by the end of 2025[17] - The company plans to optimize product structure and enhance cost efficiency to achieve expected benefits from new projects[17] Current Assets - The total current assets amount to ¥1,559,377,716.51, showing an increase from ¥1,503,729,529.59[18] - The company's cash and cash equivalents increased to ¥761,325,057.79 from ¥698,910,927.05, representing a growth of approximately 8.9%[18] - Inventory increased to ¥345,775,734.86 from ¥258,932,602.54, reflecting a rise of about 33.5%[18] - The company’s fixed assets increased to ¥820,238,127.07 from ¥802,332,405.44, indicating a growth of approximately 2.0%[18]
威尔高(301251) - 2025 Q1 - 季度财报