CFMEE(SH:688630)2025-04-23 11:30Financial Performance - The company's operating revenue for Q1 2025 was ¥242,243,054.27, representing a 22.31% increase compared to ¥198,053,937.73 in the same period last year[4] - Net profit attributable to shareholders was ¥51,866,824.57, up 30.45% from ¥39,760,352.02 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥51,587,326.98, reflecting a 40.23% increase from ¥36,786,678.35 in the previous year[4] - Operating profit for Q1 2025 was ¥56,303,998.16, up 31.0% from ¥42,955,928.25 in Q1 2024[18] - Net profit for Q1 2025 was ¥51,866,824.57, representing a 30.5% increase from ¥39,760,352.02 in Q1 2024[18] - Basic and diluted earnings per share for Q1 2025 were both ¥0.39, compared to ¥0.30 in Q1 2024[18] Research and Development - The company's R&D investment totaled ¥23,026,719.52, which is a decrease of 7.04% compared to ¥24,770,472.65 in the same period last year[5] - R&D expenses accounted for 9.51% of operating revenue, down from 12.51% year-on-year, indicating a strategic shift in resource allocation[5] - Research and development expenses for Q1 2025 were ¥23,026,719.52, slightly down from ¥24,770,472.65 in Q1 2024[17] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥31,314,756.78, but improved by 8.80% compared to -¥34,336,986.33 in the same period last year[4] - Cash flow from operating activities for Q1 2025 showed a net outflow of ¥31,314,756.78, an improvement from a net outflow of ¥34,336,986.33 in Q1 2024[19] - Cash flow from investing activities for Q1 2025 was a net inflow of ¥25,973,832.67, compared to a net outflow of ¥7,096,829.12 in Q1 2024[20] - The ending cash and cash equivalents balance for Q1 2025 was ¥240,501,795.36, up from ¥147,817,739.24 in Q1 2024[20] - The company's cash and cash equivalents decreased to ¥601,832,472.24 from ¥671,016,915.84, representing a decline of about 10.3%[14] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,833,146,608.20, a 1.59% increase from ¥2,788,843,157.82 at the end of the previous year[5] - The total assets as of March 31, 2025, were ¥2,833,146,608.20, up from ¥2,788,843,157.82, indicating an increase of approximately 1.6%[15] - As of March 31, 2025, the total current assets amounted to ¥2,495,243,523.25, an increase from ¥2,424,203,602.70 as of December 31, 2024, reflecting a growth of approximately 2.9%[14] - Accounts receivable increased to ¥891,347,724.26 from ¥856,875,247.65, showing a rise of approximately 4.0%[14] - Inventory levels rose significantly to ¥717,232,249.56 from ¥577,756,671.24, indicating an increase of around 24.2%[14] - Total liabilities decreased slightly to ¥718,678,029.13 from ¥726,241,581.10, a reduction of about 1.8%[16] - The total equity attributable to shareholders increased to ¥2,114,468,579.07 from ¥2,062,601,576.72, reflecting a growth of approximately 2.5%[16] - The company reported a decrease in short-term borrowings to ¥2,654,933.00 from ¥3,185,933.00, a decline of about 16.6%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,408[10] - The top shareholder, Cheng Zhuo, holds 36,787,490 shares, representing 27.92% of the total shares[11] Market and Product Development - The company has no significant new product launches or technological developments reported during this period[13] - There are no updates on market expansion or mergers and acquisitions mentioned in the conference call[13] Sales and Expenses - Sales expenses increased significantly to ¥15,381,039.87 in Q1 2025, compared to ¥5,651,460.84 in Q1 2024, reflecting a 171.5% rise[17] - The company reported a foreign exchange gain of ¥959,649.21 in Q1 2025, contrasting with a loss of ¥369,195.91 in Q1 2024[20]