Financial Performance - The company's revenue for Q1 2025 reached ¥506,153,338.48, representing a 94.79% increase compared to ¥259,843,873.08 in the same period last year[5] - Net profit attributable to shareholders decreased by 1.56% to ¥19,665,171.93 from ¥19,977,557.15 year-on-year[5] - Basic and diluted earnings per share fell by 25.00% to ¥0.18 from ¥0.24 in the same period last year[5] - Total operating revenue for the current period reached ¥506,153,338.48, a significant increase from ¥259,843,873.08 in the previous period, representing a growth of approximately 95.0%[21] - Net profit for the current period was ¥19,665,171.93, slightly down from ¥19,977,557.15, reflecting a decrease of approximately 1.6%[22] - Total comprehensive income for the period was CNY 20,365,526.66, compared to CNY 19,878,952.87 in the previous period, reflecting an increase of approximately 2.45%[23] - Basic and diluted earnings per share decreased to CNY 0.18 from CNY 0.24, representing a decline of 25%[23] Cash Flow - The cash flow from operating activities improved significantly, with a net outflow of ¥8,884,075.32, a 90.62% reduction from a net outflow of ¥94,721,362.45 in the previous year[5] - Cash inflows from operating activities amounted to CNY 515,472,531.76, significantly up from CNY 200,788,942.16, marking an increase of approximately 156.5%[25] - Cash outflows from operating activities totaled CNY 524,356,607.08, compared to CNY 295,510,304.61 in the previous period, an increase of about 77.4%[26] - The net cash flow from operating activities was negative at CNY -8,884,075.32, an improvement from CNY -94,721,362.45 in the previous period[26] - Cash flow from investing activities showed a net outflow of CNY -110,283,497.98, compared to CNY -15,462,471.68 previously, indicating increased investment activity[26] - The cash and cash equivalents at the end of the period were CNY 339,580,636.64, up from CNY 208,611,309.96, reflecting a growth of approximately 62.7%[26] - The company received CNY 20,000,000.00 from investment recoveries during the period, indicating active management of investment assets[26] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 502,887,621.47, compared to CNY 190,869,224.62 in the previous period, an increase of approximately 163.5%[25] - The company’s cash outflow for employee compensation was CNY 160,308,496.47, up from CNY 106,721,971.29, reflecting a rise of about 50.2% in personnel costs[26] Assets and Liabilities - Total assets increased by 7.79% to ¥2,463,262,490.49 compared to ¥2,285,231,503.52 at the end of the previous year[5] - Current assets totaled ¥1,825,840,342.10, a slight decrease from ¥1,839,782,724.87, reflecting a decline of about 0.8%[19] - Total liabilities rose to ¥1,442,035,966.24 from ¥1,285,210,565.03, indicating an increase of about 12.2%[20] - The total equity attributable to the parent company increased to ¥1,021,226,524.25 from ¥1,000,020,938.49, reflecting a growth of about 2.1%[20] Inventory and Operating Costs - Inventory rose by 32.96% to ¥632,939,914.30, driven by increased demand from overseas customers[9] - The company reported a 137.71% increase in operating costs, totaling ¥413,003,790.07, attributed to higher sales volume[9] - Total operating costs amounted to ¥502,728,265.64, up from ¥248,669,937.23, indicating an increase of about 102.5%[21] - Research and development expenses increased to ¥58,536,707.37 from ¥45,518,511.33, marking a rise of about 28.6%[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,739[11] - The company reported a total of 3,813,282 shares held by Hubei Xiaomi Changjiang Industrial Fund Partnership, accounting for 3.43% of the total shares[12] - The second largest shareholder, Hongda High-tech Holdings, holds 3,050,626 shares, representing 2.75% of the total shares[12] - The company has a total of 15,893,930 restricted shares held by Li Ningchuan, with a release date set for September 4, 2027[14] - The total number of restricted shares held by other shareholders amounts to 32,210,441, with some set to be released on September 4, 2025, and others on September 4, 2027[15] - The top ten shareholders include various investment funds, with the largest being China Agricultural Bank's fund holding 456,977 shares[12] - The company has not reported any changes in the participation of the top ten shareholders in margin trading activities[13] - The company has a total of 2,775,364 shares held by Guotai Junan Securities, which are subject to post-IPO restrictions[16] - The company has a total of 1,387,682 shares held by Guangdong Guangqi No. 7 Equity Investment Partnership, with a release date of September 4, 2025[16] - The company has not disclosed any significant changes in the shareholding structure of the top ten unrestricted shareholders[13] - The company has confirmed that there are no known relationships or concerted actions among the other shareholders listed[12]
富特科技(301607) - 2025 Q1 - 季度财报