Financial Performance - The company's operating revenue for Q1 2025 was ¥239,676,934.17, representing a 3.14% increase compared to ¥232,384,281.72 in the same period last year[4] - Net profit attributable to shareholders decreased by 60.03% to ¥9,109,684.91 from ¥22,794,033.73 year-on-year[4] - Basic and diluted earnings per share dropped by 71.67% to ¥0.0807 from ¥0.2849 in the same quarter last year[4] - Net profit for the current period was ¥9,093,379.72, a decrease of 60.3% from ¥22,861,757.33 in the previous period[23] Cash Flow - The net cash flow from operating activities fell by 70.13% to ¥8,724,728.52, down from ¥29,205,433.44 in the previous year[4] - Cash received from sales of goods and services was ¥203,556,397.72, down 5.1% from ¥214,539,438.92 in the previous period[25] - Operating cash inflow totaled $211.17 million, a decrease from $222.59 million in the previous period[26] - Net cash flow from operating activities was $8.72 million, down from $29.21 million year-over-year[26] - The net increase in cash and cash equivalents was -$44.99 million, compared to -$83.88 million previously[27] - The ending balance of cash and cash equivalents was $373.96 million, down from $427.93 million[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,685,448,019.61, a decrease of 1.96% from ¥1,719,130,195.13 at the end of the previous year[4] - The total current liabilities decreased from RMB 1,022,231,118.68 to RMB 960,835,080.02, a reduction of about 6.0%[18] - Total liabilities decreased to ¥681,660,925.57 from ¥758,015,510.81, a reduction of 10.1%[20] - The total liabilities of the company decreased, indicating improved financial stability[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,019, with the largest shareholder holding 42.81% of the shares[10] - The controlling family, led by Zhang Yi, holds a combined 56.16% of the company's shares, ensuring significant influence over corporate decisions[11] - The company repurchased 870,920 shares, representing 0.76% of the total share capital[11] Research and Development - The company experienced a significant increase in R&D expenses due to new project initiatives, contributing to the decline in net profit[8] - Research and development expenses rose to ¥15,531,971.82, an increase of 39.4% compared to ¥11,135,805.53 in the previous period[23] Equity - The equity attributable to shareholders increased by 4.34% to ¥1,002,300,438.88 from ¥960,611,724.58 at the end of the previous year[4] - Total equity increased to ¥1,003,787,094.04 from ¥961,114,684.32, reflecting a growth of 4.4%[20] Other Financial Metrics - The company reported a decrease in the weighted average return on equity to 0.93% from 2.32% year-on-year[4] - Non-recurring gains and losses totaled ¥1,771,604.75, primarily due to government subsidies and asset disposal losses[6] - The company reported a decrease in tax expenses to ¥2,808,613.59 from ¥1,498,164.10 in the previous period[23] - Deferred income tax liabilities decreased to ¥6,109,950.92 from ¥8,833,286.52, a decline of 30.8%[20] Accounting and Oversight - The company has not audited its first-quarter report[28] - The company is set to implement new accounting standards starting in 2025[28] - The board of directors of Jiangsu New Taige Technology Group Co., Ltd. is overseeing these financial activities[29]
纽泰格(301229) - 2025 Q1 - 季度财报