NEWLAND(SZ:000997)2025-04-22 13:15Financial Performance - In Q1 2025, the company achieved total revenue of CNY 1.896 billion, a year-on-year increase of 8.92%, primarily driven by rapid growth in smart payment terminal sales [4]. - The net profit attributable to shareholders reached CNY 311 million, marking a historical quarterly high with a year-on-year growth of 25.16%, due to improved product and service profitability [4]. - The company reported a basic earnings per share of CNY 0.3073, reflecting a year-on-year increase of 25.28% [5]. - Total operating revenue for the current period reached ¥1,896,281,252.87, an increase of 8.9% compared to ¥1,741,050,254.41 in the previous period [20]. - Net profit for the current period was ¥354,441,389.84, representing a growth of 22% from ¥290,774,096.45 in the previous period [21]. - Basic earnings per share increased to ¥0.3073 from ¥0.2453, marking a rise of 25.3% [21]. Cash Flow and Liquidity - Operating cash flow increased significantly to CNY 370 million, a year-on-year increase of 422.55%, mainly due to the collection of receivables from overseas equipment sales [4]. - Cash and cash equivalents increased by CNY 848 million, a year-on-year increase of 155.77%, due to the combined effects of operating, investing, and financing activities [10]. - Operating cash flow for the current period was ¥370,050,958.71, a significant improvement from the previous period's negative cash flow of -¥114,727,184.36, indicating a turnaround in operational efficiency [22]. - Total cash inflow from operating activities reached ¥2,536,660,676.98, up from ¥1,993,434,335.07 in the prior period, reflecting a growth of approximately 27.3% [22]. - The ending cash and cash equivalents balance increased to ¥2,418,176,437.89 from ¥1,794,988,103.81, marking a net increase of ¥303,684,299.16 [23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 12.728 billion, a slight increase of 0.19% compared to the end of the previous year [5]. - The company's total assets amounted to ¥12,727,690,113.28, slightly up from ¥12,703,530,497.81 at the beginning of the period [18]. - The total liabilities decreased to ¥5,168,319,531.33 from ¥5,445,891,306.95, a reduction of 5.1% [18]. - Non-current liabilities increased to ¥224,071,945.91 from ¥166,533,568.06, reflecting a rise of 34.5% [18]. - The total equity attributable to shareholders rose to ¥7,118,895,270.41 from ¥6,861,087,536.18, an increase of 3.8% [18]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 61,124 [12]. - Newland Digital Technology Co., Ltd. holds 29.93% of shares, totaling 308,879,440 shares, with 61,500,000 shares pledged [12]. - The top 10 shareholders include various institutional investors, with the largest being Newland Digital Technology Co., Ltd. [13]. - The company has not reported any changes in the shareholding structure of the top 10 shareholders compared to the previous period [14]. - The total number of preferred shareholders is zero, indicating no preferred shares issued [14]. Operational Highlights - The total transaction volume of payment services exceeded CNY 520 billion in Q1 2025, with a nearly 4% year-on-year increase in the number of QR code payments and over 10% growth in transaction volume [9]. - The company plans to leverage the trend of RMB internationalization amid global supply chain restructuring, aiming to establish a comprehensive payment solution ecosystem [9]. - The company's contract liabilities increased by CNY 100 million, a growth of 32.38%, driven by the expansion of its digitalization business [9]. Research and Development - Research and development expenses for the current period were ¥150,061,770.36, up from ¥136,719,031.28, indicating a growth of 9.8% [20]. Employee Compensation - Cash outflow for employee compensation was ¥493,898,893.50, an increase from ¥413,525,570.82, reflecting the company's commitment to workforce investment [22]. Tax and Financial Costs - The company reported a significant decrease in interest expenses, with a net financial cost of -¥61,916,457.54 compared to -¥33,840,862.22 in the previous period [20]. - The company received ¥81,594,053.83 in tax refunds, significantly higher than the previous period's ¥49,220,831.38, indicating improved tax recovery [22].