映翰通(688080) - 2025 Q1 - 季度财报

Financial Performance - The company achieved operating revenue of CNY 149,543,245.52 in Q1 2025, representing a 40.86% increase compared to CNY 106,166,806.05 in the same period last year[3] - Net profit attributable to shareholders was CNY 22,271,875.26, up 36.72% from CNY 16,289,838.86 year-on-year[3] - The net profit after deducting non-recurring gains and losses was CNY 21,091,866.72, reflecting a 42.97% increase from CNY 14,752,629.67 in the previous year[3] - Total operating revenue for Q1 2025 reached ¥149,543,245.52, a 40.7% increase from ¥106,166,806.05 in Q1 2024[16] - Net profit for Q1 2025 was ¥22,894,941.58, representing a 40.3% increase compared to ¥16,324,427.15 in Q1 2024[17] - Earnings per share for Q1 2025 was ¥0.3016, up from ¥0.2213 in Q1 2024, reflecting a 36.3% increase[18] - The company reported a total comprehensive income of ¥23,040,086.09 for Q1 2025, compared to ¥16,434,047.12 in Q1 2024, marking a 39.8% increase[18] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -CNY 20,648,130.20, a significant decline of 202.42% compared to CNY 20,160,658.35 in the same period last year[3] - Cash flow from operating activities for Q1 2025 was negative at -¥20,648,130.20, compared to a positive ¥20,160,658.35 in Q1 2024[18] - The company's cash and cash equivalents decreased to ¥814,295,354.56 from ¥832,050,072.96, showing a decline in liquidity[12] - The net cash flow from investment activities was -2,756,863.43, compared to -20,512,631.02 in the previous period, indicating an improvement[19] - The net cash flow from financing activities was -2,585,294.86, compared to -982,545.50 in the previous period, showing a decline[19] - The ending balance of cash and cash equivalents was 800,591,359.56, down from 724,681,589.87 in the previous period[19] Revenue Breakdown - Domestic revenue reached CNY 65,361,800, a 29.96% increase, while international revenue was CNY 84,181,400, up 50.66% year-on-year, driven by market expansion and new product launches[5] - Industrial IoT products generated CNY 81,336,200 in revenue, a 39.93% increase, while intelligent vending control systems saw a remarkable growth of 776.89% to CNY 24,401,300[4] - The company experienced a significant increase in overseas revenue due to preemptive stockpiling by some U.S. clients in response to trade tensions, contributing to a substantial rise in international sales[5] Research and Development - R&D investment totaled CNY 13,842,083.46, a 4.19% increase from CNY 13,285,989.36 year-on-year, accounting for 9.26% of operating revenue[4] - Research and development expenses for Q1 2025 were ¥13,842,083.46, slightly up from ¥13,285,989.36 in Q1 2024[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 7,589[10] - The largest shareholder, Li Ming, holds 14,670,418 shares, representing 19.86% of the total shares[10] Assets and Liabilities - The company's total current assets as of March 31, 2025, amount to ¥1,167,242,072.88, slightly up from ¥1,163,260,620.26 at the end of 2024[13] - The total liabilities decreased from ¥246,799,869.95 to ¥224,589,698.42, indicating a reduction in financial obligations[14] - The company's inventory increased to ¥197,978,232.10 from ¥171,537,564.48, reflecting a growth in stock levels[13] - The total assets as of March 31, 2025, are ¥1,293,728,245.27, compared to ¥1,291,954,630.80 at the end of 2024[14] - The long-term equity investments decreased from ¥35,604,117.09 to ¥32,881,216.53, indicating a reduction in long-term investment holdings[13] - The accounts payable decreased significantly from ¥125,934,192.85 to ¥88,493,575.80, suggesting improved cash flow management[14] Financial Ratios - The weighted average return on equity improved to 2.11% from 1.76% year-on-year[3] - The company's total equity increased to ¥1,069,138,546.85 in the current period from ¥1,045,154,760.85 in the previous period[15] - The company's total liabilities and equity amounted to ¥1,293,728,245.27, a slight increase from ¥1,291,954,630.80 in the previous period[15] Financial Expenses - The company experienced a decrease in financial expenses, reporting -¥1,930,809.27 in Q1 2025 compared to -¥3,107,300.08 in Q1 2024[17]