GHT(SZ:300711)2025-04-24 08:55Revenue and Profit - The company's revenue for Q1 2025 was ¥54,025,482.67, a decrease of 0.74% compared to ¥54,425,971.45 in the same period last year[5] - Net profit attributable to shareholders was ¥9,016,866.12, representing a significant increase of 1,033.85% from ¥795,240.35 year-on-year[5] - Basic and diluted earnings per share were both ¥0.0362, up 1,031.25% from ¥0.0032 in the same period last year[5] - Total operating revenue for the current period is ¥54,025,482.67, a decrease of 0.74% from ¥54,425,971.45 in the previous period[26] - Net profit for the current period is ¥7,041,749.09, compared to ¥795,240.35 in the previous period, representing a significant increase[27] - Basic and diluted earnings per share are both ¥0.0362, up from ¥0.0032 in the previous period[28] Cash Flow and Financial Position - The net cash flow from operating activities was -¥72,102,686.07, a decline of 130.38% compared to -¥31,297,575.40 in the previous year[5] - The cash outflow from operating activities increased by 46.10% to ¥177,902,527.53 from ¥121,765,510.77 in the same quarter last year[14] - The net cash increase in cash and cash equivalents was -¥152,613,529.17, a decrease of 355.78% compared to -¥33,484,264.19 in Q1 2024[15] - Cash flow from operating activities shows a net outflow of ¥72,102,686.07, worsening from a net outflow of ¥31,297,575.40 in the previous period[30] - The cash and cash equivalents at the end of the period decreased to $192,555,074.66 from an initial balance of $345,168,603.83, reflecting a net decrease of $152,613,529.17[31] - The company’s financial position shows a significant reduction in cash reserves, which may impact future operational flexibility[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,107,797,947.72, down 7.03% from ¥1,191,628,823.60 at the end of the previous year[5] - The company's total assets amount to 1,107,797,947.72 RMB, a decrease from 1,191,628,823.60 RMB at the beginning of the period[23] - Total liabilities decreased to ¥322,812,540.50 from ¥413,685,165.47, reflecting improved financial health[25] - Total equity attributable to shareholders increased to ¥763,345,561.47 from ¥754,328,695.35, showing growth in shareholder value[25] Income and Expenses - The company reported a significant increase in other income, which reached ¥21,597,374.92, a rise of 6,949.95% compared to ¥306,348.04 in Q1 2024[12] - Total operating costs increased to ¥66,547,619.30, up 20.51% from ¥55,243,260.26 in the previous period[26] - Research and development expenses increased to ¥14,258,292.83, compared to ¥13,314,381.85 in the previous period, indicating a focus on innovation[26] - The company experienced a 36.87% increase in sales expenses, totaling ¥14,807,818.67, attributed to increased market expansion activities[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,679[17] - Guangzhou Digital Technology Group Co., Ltd. holds 66.33% of the shares, totaling 165,277,565 shares[17] Acquisitions and Investments - The company completed the acquisition of 51% of Sichuan Saikang Intelligent Technology Co., Ltd. for a cash payment of 244.8 million RMB[20] - As of April 11, 2025, the transfer of 21,359,800 shares (42.2130%) of Saikang Intelligent has been completed[21] - The company has added online status monitoring products and equipment status evaluation services to its business[21] Financial Reporting and Standards - The first quarter report was not audited, indicating that the financial figures may be subject to adjustments[32] - The company plans to implement new accounting standards starting in 2025, which may affect financial reporting[32] - The cash flow from financing activities was not detailed in the report, indicating potential areas for future disclosure[31] - The company has not disclosed any cash inflows from financing activities, suggesting a focus on internal funding sources[31] Cash Flow from Investment Activities - The cash flow from investment activities indicates a strategic focus on asset acquisition despite the negative net cash flow[31] - The company reported a significant increase in cash outflow related to investment activities, with payments for fixed assets and intangible assets reaching $3,853,378.02[31] - The impact of exchange rate fluctuations on cash and cash equivalents was a decrease of $31,226.04[31]