FORTUNE(603173)2025-04-21 10:45Financial Performance - The company's operating revenue for Q1 2025 reached ¥594,187,963.78, representing a 69.04% increase compared to ¥351,516,519.70 in the same period last year[4] - Net profit attributable to shareholders was ¥115,758,044.48, up 76.26% from ¥65,675,301.47 year-on-year[4] - The net profit excluding non-recurring gains and losses increased by 115.35%, amounting to ¥114,783,143.85 compared to ¥53,299,877.00 in the previous year[4] - The basic and diluted earnings per share were both ¥0.73, reflecting a 78.05% increase from ¥0.41 in the same period last year[4] - The increase in revenue and profit was mainly driven by a larger sales scale and increased overseas project income[7] - The total operating revenue for Q1 2025 reached ¥594,187,963.78, a significant increase of 69.0% compared to ¥351,516,519.70 in Q1 2024[19] - The net profit for Q1 2025 was ¥115,758,044.48, representing a 76.3% increase from ¥65,675,301.47 in Q1 2024[21] - Basic and diluted earnings per share for Q1 2025 were both ¥0.73, compared to ¥0.41 in Q1 2024, indicating a 78.0% increase[21] - The company reported a total comprehensive income of ¥115,758,062.36 for Q1 2025, up from ¥65,675,301.47 in Q1 2024, indicating a growth of 76.3%[21] Cash Flow and Assets - The net cash flow from operating activities was ¥68,665,808.05, a significant recovery from a negative cash flow of -¥178,285,780.80 in the same period last year[4] - Total cash inflow from operating activities amounted to $903,861,495.49, while cash outflow was $835,195,687.44, resulting in a positive net cash flow[24] - The company reported a cash and cash equivalents balance of $1,095,361,810.30 at the end of the period, up from $1,028,249,978.11 at the beginning[25] - The net increase in cash and cash equivalents for the period was $67,111,832.19, contrasting with a decrease of -$203,478,663.32 in the previous period[25] - Cash received from sales of goods and services in Q1 2025 amounted to ¥866,342,195.95, an increase of 69.5% from ¥511,907,702.37 in Q1 2024[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,263,204,440.27, a slight decrease of 0.67% from ¥5,298,815,786.98 at the end of the previous year[5] - Current assets decreased slightly to CNY 4,617,225,384.99 from CNY 4,650,946,306.98[14] - Inventory increased to CNY 1,229,713,708.58 from CNY 1,026,386,045.75, indicating a growth of approximately 19.8%[14] - Accounts receivable decreased to CNY 550,669,936.61 from CNY 722,710,442.79, a decline of about 23.8%[14] - The total liabilities as of the reporting date were ¥3,520,571,426.31, a decrease from ¥3,672,106,491.62 in the previous period[20] - Total current liabilities decreased to CNY 3,501,865,865.61 from CNY 3,659,609,452.10, reflecting a reduction of approximately 4.3%[15] - The company reported a significant decrease in accounts payable, which rose to CNY 666,145,337.19 from CNY 650,435,851.80[15] Shareholder Information - Shareholder equity attributable to the parent company increased by 7.13%, reaching ¥1,742,633,013.96 compared to ¥1,626,709,295.36 at the end of the previous year[5] - The total equity attributable to shareholders increased to ¥1,742,633,013.96 from ¥1,626,709,295.36, marking a growth of 7.1%[20] - The company has a share repurchase account holding 1,583,500 shares, representing 0.99% of the total share capital[11] - The top ten shareholders hold a combined total of 95,715,000 shares, accounting for 59.82% of the total shares outstanding[10] Research and Development - Research and development expenses for Q1 2025 were ¥21,755,398.56, compared to ¥18,629,433.00 in Q1 2024, reflecting a 11.4% increase[20]