Financial Performance - Operating revenue for the first quarter of 2025 reached CNY 95,195,671.47, representing a year-on-year increase of 26.68%[9] - Net profit attributable to shareholders for the same period was CNY 4,644,976.69, up 29.80% from the previous year[9] - Total operating revenue for Q1 2025 reached ¥95,195,671.47, a 26.7% increase from ¥75,145,008.99 in Q1 2024[37] - Operating profit for Q1 2025 was ¥4,570,752.50, up 25.5% from ¥3,640,948.56 in Q1 2024[37] - Net profit for Q1 2025 was ¥4,644,976.69, representing a 30.0% increase compared to ¥3,578,622.76 in Q1 2024[37] - The total profit for Q1 2025 was ¥4,862,294.77, an increase of 32.3% from ¥3,678,930.66 in Q1 2024[37] - The total comprehensive income for Q1 2025 was ¥4,644,976.69, an increase of 30.0% from ¥3,578,622.76 in Q1 2024[38] Cash Flow - The company's cash flow from operating activities showed a significant decline of 82.13%, totaling CNY 887,484.60[11] - Operating cash inflow for Q1 2025 was CNY 93,251,905.92, a 48.9% increase from CNY 62,659,213.21 in Q1 2024[42] - Net cash flow from operating activities for Q1 2025 was CNY 887,484.60, a significant decrease from CNY 4,966,735.81 in Q1 2024[42] - Cash inflow from investment activities in Q1 2025 was CNY 192,455,565.07, up 59.8% from CNY 120,663,749.99 in Q1 2024[42] - Cash flow from financing activities in Q1 2025 was CNY 10,822,857.39, reversing from a negative cash flow of -CNY 6,592,785.59 in Q1 2024[42] Assets and Liabilities - Total assets as of March 31, 2025, were CNY 810,670,342.05, a decrease of 0.13% compared to the end of 2024[9] - The company's total liabilities to assets ratio (consolidated) was 35.22%, a slight decrease from 35.87% at the end of 2024[9] - Current assets totaled ¥330,111,151.26, down from ¥335,306,580.07, with cash and cash equivalents decreasing from ¥113,467,945.81 to ¥92,253,845.80[32] - Total liabilities decreased to ¥285,485,848.27 from ¥291,150,403.08, with current liabilities at ¥220,109,717.17[33] - Shareholders' equity rose to ¥525,184,493.78 from ¥520,539,517.09, driven by retained earnings increasing from ¥224,155,970.30 to ¥228,800,946.99[33] Shareholder Information - The largest shareholder, Xue Xinghan, holds 39,974,185 shares, representing 40.45% of total shares[18] - The second-largest shareholder, Wang Daoqun, holds 14,003,080 shares, accounting for 14.17% of total shares[18] - The total shares held by the top ten shareholders amount to 74,521,522, which is 75.40% of the total shares[18] - There are no pledged or judicially frozen shares among the top shareholders[20] Investments and Commitments - The company has ongoing investments in construction projects, with capital work in progress rising from ¥23,170,870.76 to ¥30,665,433.25[32] - Long-term investments remained stable, with long-term equity investments at ¥22,201,144.78 compared to ¥22,200,643.79[32] - The company has no new commitments during the reporting period, and all existing commitments are being fulfilled normally[28] Operational Metrics - The company reported a significant increase in accounts receivable, rising from ¥79,303,963.96 to ¥69,396,745.08, indicating a potential growth in sales[32] - Inventory levels increased to ¥86,172,268.06 from ¥77,053,386.34, suggesting a buildup in stock[32] - Research and development expenses increased to ¥6,188,397.33 in Q1 2025, up from ¥5,710,943.74 in Q1 2024, reflecting a growth of 8.3%[37] - The company reported a total operating cost of ¥91,381,150.08 in Q1 2025, which is a 28.4% increase from ¥71,175,254.88 in Q1 2024[37] Legal and Compliance - The company is involved in litigation and arbitration matters, but the amounts involved are not significant enough to impact operations[23] - The company has no changes in its employee stock ownership plan during the reporting period[27]
则成电子(837821) - 2025 Q1 - 季度财报