Financial Performance - The company's revenue for Q1 2025 reached ¥1,248,608,312.76, representing a 29.73% increase compared to ¥962,460,407.95 in the same period last year[5] - The net loss attributable to shareholders improved significantly to -¥3,224,245.28, a 93.58% reduction from -¥50,188,839.58 year-over-year[5] - The basic and diluted earnings per share both improved to -¥0.02, a 92.86% increase from -¥0.28 in the same quarter last year[5] - The net profit for the current period was a loss of ¥3,224,245.28, significantly improved from a loss of ¥50,188,839.58 in the previous period[22] - The total equity attributable to shareholders was ¥3,512,048,871.84, remaining relatively stable compared to ¥3,512,128,267.62 in the previous period[18] - The company reported a total comprehensive loss of ¥3,224,245.28, which is an improvement from a comprehensive loss of ¥50,188,839.58 in the previous period[22] Cash Flow and Liquidity - The net cash flow from operating activities showed an improvement, with a loss of -¥298,169,732.23, down 24.04% from -¥392,530,723.91 in the previous year[5] - Cash received from sales of goods and services was ¥961,394,339.16, compared to ¥465,517,275.94 in the previous period, indicating a growth of 106%[23] - Cash flow from investment activities showed a net outflow of -351,191,580.95, compared to -307,990,040.63 in the previous period, indicating an increase in investment expenditures[24] - Cash flow from financing activities generated a net inflow of 77,237,071.86, a decrease from 243,657,100.80 in the prior period, reflecting reduced borrowing activities[24] - The ending balance of cash and cash equivalents decreased to 481,936,022.38 from 722,480,753.14, showing a significant decline in liquidity[24] - The net increase in cash and cash equivalents was -572,124,241.32, compared to -456,863,663.74 in the previous period, highlighting ongoing cash management challenges[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,470,034,693.68, reflecting a 1.81% increase from ¥6,355,042,555.97 at the end of the previous year[5] - The total liabilities increased to ¥2,957,985,821.84 from ¥2,842,914,288.35, marking an increase of approximately 4%[18] - The total liabilities increased to CNY 2,839,913,585.60 from CNY 2,724,263,561.62, indicating a rise in financial obligations[17] - Cash and cash equivalents decreased to CNY 710,673,482.47 from CNY 1,199,105,878.06, indicating a significant reduction in liquidity[16] - Accounts receivable rose to CNY 1,644,469,282.51, up from CNY 1,390,545,330.43, reflecting an increase in sales or credit terms[16] - Inventory increased to CNY 649,758,850.87 from CNY 559,486,432.88, suggesting a buildup of stock[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,944[9] - The largest shareholder, Wang Li, holds 42.93% of the shares, totaling 77,750,400 shares[9] Government Support and Investments - The company received government subsidies amounting to ¥2,276,300.41, which are closely related to its normal business operations[6] - The fair value changes of financial assets and liabilities resulted in a gain of ¥9,011,309.41 from purchased financial products during the reporting period[6] - The company plans to use CNY 33,719.38 million of remaining raised funds to permanently supplement working capital[14] - The company has completed the construction of its technology research and development center, with a remaining fund of CNY 3,761.01 million to be used for daily operations[14] Operational Costs - Total operating revenue for the current period reached ¥1,248,608,312.76, an increase of 30% compared to ¥962,460,407.95 in the previous period[20] - Total operating costs increased to ¥1,255,421,519.85, up from ¥1,023,043,513.25, reflecting a rise of approximately 23%[20] - Research and development expenses were ¥36,527,980.99, slightly down from ¥38,692,549.57, showing a decrease of about 6%[20] Accounting and Reporting - The company did not undergo an audit for the first quarter report, which may affect investor confidence in financial reporting[25] - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting and performance metrics[25]
中一科技(301150) - 2025 Q1 - 季度财报