Primeton(688118)2025-04-22 10:55Financial Performance - The company's operating revenue for Q1 2025 was ¥37,244,200.62, a decrease of 38.58% compared to ¥60,636,714.71 in the same period last year[4]. - The net profit attributable to shareholders was a loss of ¥27,540,762.30, an improvement from a loss of ¥39,284,601.05 year-over-year[4]. - Total operating revenue for Q1 2025 was CNY 37,244,200.62, a decrease of 38.4% compared to CNY 60,636,714.71 in Q1 2024[18]. - The company's net profit for Q1 2025 was -23,744,801.18 RMB, compared to -22,597,906.31 RMB in Q1 2024, indicating a worsening loss[27]. - Basic and diluted earnings per share for Q1 2025 were both CNY -0.300, compared to CNY -0.428 in Q1 2024[20]. Cash Flow - The net cash flow from operating activities was -¥49,020,753.21, slightly better than -¥52,873,340.68 in the same period last year[4]. - Cash inflow from operating activities in Q1 2025 was CNY 69,371,468.81, a decrease of 21% from CNY 87,777,943.54 in Q1 2024[21]. - The company's cash outflow for operating activities was CNY 113,638,110.62 in Q1 2025, a decrease of 23.1% from CNY 148,043,981.86 in Q1 2024[29]. - The cash received from sales of goods and services in Q1 2025 was CNY 61,998,267.13, a decline of 23.5% compared to CNY 81,336,121.31 in Q1 2024[29]. - The company's cash outflow for taxes paid was CNY 9,119,401.22 in Q1 2025, an increase of 38.2% compared to CNY 6,597,607.41 in Q1 2024[29]. Expenses and Costs - Research and development expenses totaled ¥15,881,386.67, down 37.09% from ¥25,242,715.51 in the previous year, representing 42.64% of operating revenue[5]. - Total operating costs for Q1 2025 were CNY 75,073,757.59, down 30% from CNY 107,036,953.76 in Q1 2024[18]. - Cash paid for goods and services in Q1 2025 was CNY 16,052,450.51, an increase from CNY 8,820,283.45 in Q1 2024[21]. - Cash paid to employees in Q1 2025 was CNY 74,295,802.07, down from CNY 101,154,583.19 in Q1 2024[21]. - The company paid CNY 39,718,628.50 for goods and services in Q1 2025, down 25% from CNY 52,911,521.28 in Q1 2024[29]. Assets and Liabilities - Total assets at the end of the reporting period were ¥931,361,720.88, a decrease of 4.95% from ¥979,857,480.90 at the end of the previous year[5]. - The company's total liabilities decreased from 122.94 million RMB to 100.41 million RMB, a reduction of about 18.4%[15]. - The total assets decreased from 979.86 million RMB to 931.36 million RMB, a reduction of about 4.9%[15]. - The company's total liabilities decreased to 198,190,722.41 RMB from 221,722,603.34 RMB, reflecting a reduction of approximately 10.6%[26]. - Total equity attributable to shareholders was CNY 830,948,326.20, a decrease from CNY 856,920,942.45[16]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,717[10]. - The top shareholder, Liu Yadong, holds 22.81% of the shares, totaling 20,942,809 shares[10]. Business Strategy and Outlook - The company anticipates that revenue fluctuations will decrease as product and project income gradually converts in the future[8]. - The company is actively exploring AI technology applications across various industries to strengthen its core competitiveness[12]. - The company is focusing on optimizing its business structure and controlling expenses to enhance profitability[12]. - The company reported a decrease in personnel costs due to business restructuring, contributing to a reduced net loss[8]. - The company successfully signed contracts with several clients, including the National Information Center and Hunan Airport Co., Ltd., contributing to business expansion[12]. - A total of 28 new partners were added during the reporting period, enhancing the company's market share in high-value products[12].