航天南湖(688552) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 358,044,747.16, an increase of 1,201.58% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 56,599,655.95, representing a 450.48% increase year-on-year[4] - The basic earnings per share for the period was CNY 0.17, an increase of 440.00% compared to the same period last year[4] - Operating profit for Q1 2025 was ¥62,706,813.84, compared to a loss of ¥22,203,504.25 in Q1 2024, indicating a turnaround in profitability[16][17] - Net profit for Q1 2025 was ¥56,599,655.95, recovering from a net loss of ¥16,149,160.43 in Q1 2024, showcasing a strong performance improvement[17] - Basic and diluted earnings per share for Q1 2025 were both ¥0.17, compared to a loss of ¥0.05 per share in Q1 2024[17] Cash Flow - The net cash flow from operating activities was CNY 81,846,766.62, an increase of 175.41% compared to the previous year[4] - The net cash flow from operating activities was $81,846,766.62, a significant improvement compared to the previous year's negative cash flow of -$108,528,844.24[19] - Total cash inflow from operating activities amounted to $196,726,966.85, while cash outflow was $114,880,200.23, resulting in a net cash inflow[19] - Cash inflow from investment activities was $71,263,452.05, while cash outflow totaled $45,498,911.77, leading to a net cash inflow of $25,764,540.28[19] - The company reported a significant increase in cash flow from investment activities, with a net inflow of $25,764,540.28 compared to a net outflow of -$54,353,761.21 in the previous year[19] - The company experienced a net increase in cash and cash equivalents of $106,529,710.90, contrasting with a net decrease of -$164,163,970.95 in the previous year[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,184,282,739.47, a decrease of 2.11% from the end of the previous year[5] - Total current assets as of March 31, 2025, amount to ¥2,571,179,809.10, a decrease from ¥2,634,533,941.93 on December 31, 2024[12] - Total liabilities decreased from ¥695,583,907.40 in the previous period to ¥570,659,034.27, reflecting improved financial health[14] - Total equity attributable to shareholders increased from ¥2,557,197,112.61 to ¥2,613,623,705.20, indicating a growth in shareholder value[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,541[10] - The largest shareholder, Beijing Radio Measurement Research Institute, holds 109,556,910 shares, accounting for 32.49% of total shares[10] - The second largest shareholder, Jingzhou Ancient City State-owned Investment Co., Ltd., holds 98,059,301 shares, representing 29.08%[10] Research and Development - Research and development expenses totaled CNY 27,807,903.19, up 33.75% year-on-year[5] - Research and development expenses for Q1 2025 were ¥27,807,903.19, up from ¥20,790,369.83 in Q1 2024, highlighting a commitment to innovation[16] Inventory and Receivables - Accounts receivable increased by 39.18% due to products delivered but not yet paid for[8] - Inventory decreased by 36.43% as products were delivered and inventory was recognized[8] - Contract liabilities decreased by 52.14% as products were delivered and revenue was recognized[8] - Accounts receivable rose to ¥395,270,746.87 from ¥283,330,641.98, indicating a significant increase of approximately 39.5%[12] - Inventory decreased to ¥337,919,926.22 from ¥531,529,903.05, reflecting a decline of about 36.4%[12]