Quechen Company(SH:605183)2025-04-23 12:30Financial Performance - The company's operating revenue for Q1 2025 was CNY 539,698,638.09, representing a year-on-year increase of 3.25% compared to CNY 522,690,068.89 in the same period last year[5]. - Net profit attributable to shareholders for Q1 2025 was CNY 137,711,133.49, reflecting a 12.57% increase from CNY 122,337,624.54 in the previous year[5]. - Total revenue for Q1 2025 reached ¥539.70 million, an increase of 3.86% compared to ¥522.69 million in Q1 2024[15]. - Net profit for Q1 2025 was ¥137.55 million, representing a 12.93% increase from ¥122.28 million in Q1 2024[16]. - Operating profit for Q1 2025 was ¥159.12 million, up 16.25% from ¥136.91 million in Q1 2024[16]. - The total comprehensive income for the first quarter of 2025 was CNY 137,471,030.57, compared to CNY 105,466,546.98 in the first quarter of 2024, representing an increase of approximately 30.3%[17]. Earnings and Shareholder Information - Basic and diluted earnings per share for Q1 2025 were both CNY 0.34, up 17.24% from CNY 0.29 in the same period last year[5]. - Basic and diluted earnings per share for the first quarter of 2025 were both CNY 0.34, up from CNY 0.29 in the same period last year, indicating an increase of about 17.2%[17]. - The number of ordinary shareholders at the end of the reporting period was 13,548[8]. - The largest shareholder, Huawei International Development Co., Ltd., holds 59.59% of the shares, totaling 247,837,590 shares[8]. Assets and Equity - Total assets at the end of Q1 2025 reached CNY 3,919,984,350.44, a 2.75% increase from CNY 3,815,012,302.32 at the end of the previous year[5]. - Shareholders' equity attributable to the parent company increased by 4.14% to CNY 3,472,444,009.92 from CNY 3,334,385,091.86 at the end of the previous year[5]. - The company's total assets increased to ¥3.92 billion, compared to ¥3.82 billion at the end of the previous period[13]. - The company's equity attributable to shareholders rose to ¥3.47 billion, up from ¥3.33 billion year-over-year[13]. Cash Flow and Investment Activities - The net cash flow from operating activities increased by 45.90% to CNY 155,938,080.97, primarily due to an increase in accounts receivable collections[5]. - Cash inflow from operating activities for Q1 2025 was CNY 480,492,138.83, compared to CNY 397,228,164.98 in Q1 2024, reflecting a growth of approximately 20.9%[20]. - The net cash flow from operating activities for Q1 2025 was CNY 155,938,080.97, an increase of 46% from CNY 106,877,677.81 in Q1 2024[21]. - Cash outflow from investment activities in Q1 2025 was CNY 667,816,340.29, compared to CNY 636,245,422.37 in Q1 2024, showing an increase of about 4.3%[21]. - The net cash flow from investment activities for Q1 2025 was -CNY 234,601,400.22, worsening from -CNY 81,323,367.79 in Q1 2024[21]. - Cash and cash equivalents at the end of Q1 2025 totaled CNY 745,180,421.22, compared to CNY 427,332,640.97 at the end of Q1 2024, marking an increase of approximately 74.5%[22]. Expenses and Other Income - Total operating costs decreased to ¥381.72 million, down 1.99% from ¥388.60 million in the same period last year[15]. - Research and development expenses for Q1 2025 were ¥14.64 million, a decrease of 13.29% from ¥16.88 million in Q1 2024[15]. - The company reported an investment income of ¥1.29 million, down from ¥2.25 million in the previous year[16]. - Other comprehensive income after tax for Q1 2025 was a loss of ¥79,388.72, compared to a loss of ¥16.82 million in Q1 2024[16]. - The company incurred cash payments to employees of CNY 51,122,813.41 in Q1 2025, compared to CNY 41,558,023.65 in Q1 2024, reflecting an increase of approximately 23%[21]. - The company received CNY 12,247,892.85 in tax refunds during Q1 2025, compared to CNY 8,913,177.47 in Q1 2024, indicating a growth of about 37.5%[20].