NOVA TECH(SZ:300921)2025-04-23 12:40Revenue Performance - Revenue for Q1 2025 was CNY 131.33 million, a decrease of 23.38% compared to CNY 171.40 million in the same period last year[3]. - Total operating revenue for the current period is RMB 131,327,305.25, a decrease of 23.4% compared to RMB 171,396,317.04 in the previous period[23]. - The total revenue from sales of goods and services received cash of 131,205,613.91, down from 152,626,685.93 in the previous period[27]. Profitability - Net profit attributable to shareholders increased by 174.70% to CNY 3.33 million from CNY 1.21 million year-on-year[3]. - The net profit for the current period is 3,300,825.51, a significant increase from 626,599.96 in the previous period, representing a growth of approximately 426%[24]. - The total profit for the current period is 2,981,042.59, compared to 305,716.67 in the previous period, indicating a growth of about 876%[24]. - The operating profit for the current period is 3,023,356.54, a substantial increase from 279,406.06 in the previous period[24]. - The company reported a net profit margin of approximately 0.4% for the current period, down from 21.5% in the previous period[23]. Earnings Per Share - Basic and diluted earnings per share rose to CNY 0.03, representing a 200.00% increase from CNY 0.01 in the same quarter last year[3]. - The basic and diluted earnings per share for the current period are both 0.03, up from 0.01 in the previous period[25]. Cash Flow - Operating cash flow improved significantly, with a net cash flow from operating activities of CNY 12.88 million, up 220.67% from a negative CNY 10.67 million in the previous year[11]. - The cash flow from operating activities shows a net inflow of 12,877,566.56, a turnaround from a net outflow of 10,671,507.78 in the previous period[28]. - The company's cash and cash equivalents decreased to RMB 83,820,716.64 from RMB 125,064,228.00, a decline of 33.1%[19]. - The cash and cash equivalents at the end of the period amount to 82,729,677.82, down from 167,610,416.92 at the end of the previous period[29]. Assets and Liabilities - Total assets at the end of Q1 2025 were CNY 956.35 million, a slight increase of 0.98% from CNY 947.03 million at the end of the previous year[3]. - Total assets at the end of the period are RMB 956,346,503.30, up from RMB 947,030,178.60, an increase of 1.4%[22]. - Total liabilities increased to RMB 140,543,214.99 from RMB 134,443,011.18, an increase of 4.1%[21]. Inventory and Receivables - The company reported a significant increase in inventory, which rose by 47.48% to CNY 14.51 million due to new project procurement[7]. - Inventory rose to RMB 14,507,546.34 from RMB 9,837,178.84, marking an increase of 47.5%[19]. - Accounts receivable increased to RMB 141,871,164.45 from RMB 133,540,331.12, an increase of 6.3%[19]. Financial Expenses and Investments - Financial expenses surged by 405.86% to CNY 215,449.19, primarily due to cash management activities involving temporarily idle funds[9]. - The company recorded a net cash outflow from investing activities of CNY 43.55 million, a decrease of 277.39% compared to a net inflow of CNY 24.55 million in the same period last year[11]. - The investment activities resulted in a net cash outflow of 43,553,922.07, compared to a net inflow of 24,551,969.96 in the previous period[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,689[13]. - The number of restricted shares decreased by 2,920,114 shares, resulting in a total of 49,354,586 restricted shares at the end of the period[16]. Other Comprehensive Income - The company reported a foreign exchange loss of 84,704.63 in other comprehensive income for the current period, compared to a loss of 224,633.17 in the previous period[25].