HYATECH(SH:688510)2025-04-21 11:10Financial Performance - The company's operating revenue for Q1 2025 was CNY 174,012,430.01, representing an increase of 8.37% compared to CNY 160,567,819.53 in the same period last year[4]. - Net profit attributable to shareholders decreased by 3.07% to CNY 30,673,232.44 from CNY 31,645,687.53 year-on-year[4]. - The company reported a net profit attributable to the parent company of CNY 36,528,800, reflecting a year-on-year growth of 15.43% after excluding share-based payment expenses[5]. - Net profit for Q1 2025 was ¥30,860,960.17, slightly up from ¥30,691,869.09 in Q1 2024, reflecting a growth of 0.55%[16]. - The company reported a basic earnings per share of ¥0.12 for both Q1 2025 and Q1 2024, indicating stability in earnings per share[16]. Cash Flow - The net cash flow from operating activities surged by 170.49% to CNY 60,730,368.61, primarily due to increased collection of receivables[4][8]. - Cash received from sales of goods and services in Q1 2025 was ¥187,902,695.72, a significant increase from ¥106,341,097.04 in Q1 2024, representing a growth of 76.66%[18]. - Cash inflows from operating activities totaled $200,919,436.09, compared to $117,995,917.12, indicating a year-over-year increase of about 70%[19]. - The net cash flow from operating activities was $60,730,368.61, an increase from $22,452,125.25 in the previous period, reflecting a significant growth of approximately 170%[19]. - The cash and cash equivalents at the end of the period totaled $309,087,990.99, an increase from $186,295,250.75, representing a growth of approximately 65.7%[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,950,703,292.32, a 1.76% increase from CNY 1,917,034,994.20 at the end of the previous year[5]. - The company's total liabilities decreased to ¥730,666,487.76 in 2025 from ¥734,836,899.85 in 2024, a reduction of 0.56%[14]. - The total equity attributable to shareholders increased to ¥1,179,547,283.13 in 2025, up from ¥1,141,985,157.65 in 2024, marking a growth of 3.28%[14]. - The total assets increased to ¥1,950,703,292.32 from ¥1,917,034,994.20, marking an increase of about 1.7%[13]. - Short-term borrowings slightly increased to ¥117,697,511.94 from ¥116,704,713.90, reflecting a growth of approximately 0.8%[13]. Research and Development - Total R&D investment reached CNY 14,066,424.74, up 28.83% from CNY 10,918,608.89, although the R&D expense as a percentage of revenue decreased to 8.08% from 9.72%[5]. - Research and development expenses for Q1 2025 were ¥14,066,424.74, compared to ¥10,918,608.89 in Q1 2024, indicating a rise of 28.66%[15]. Shareholder Information - The top ten shareholders held a total of 43.27% of the company's shares, with the largest shareholder owning 14.44%[10]. - The company has not reported any changes in the participation of major shareholders in securities lending or borrowing activities[12]. Other Financial Metrics - The weighted average return on equity decreased to 2.63%, down 0.34 percentage points from 2.97%[4]. - The company recognized non-recurring gains of CNY 4,996,043.50 during the reporting period, after accounting for tax effects[8]. - The company did not conduct an audit for the Q1 financial report[3]. - The company experienced a decrease in investment income, reporting a loss of ¥283,921.46 in Q1 2025 compared to a loss of ¥176,947.32 in Q1 2024[15].