NINGBO KANGQIANG(002119)2025-04-24 11:10Revenue and Profitability - The company's revenue for Q1 2025 was CNY 439,421,785.63, representing a 2.09% increase compared to CNY 430,415,845.94 in the same period last year[5] - Net profit attributable to shareholders increased by 37.87% to CNY 25,918,989.61 from CNY 18,799,551.18 year-on-year[5] - Basic and diluted earnings per share rose by 40.00% to CNY 0.07 from CNY 0.05 in the same quarter last year[5] - Operating profit for the current period was ¥31,857,305.24, up 68.94% from ¥18,842,778.80 in the previous period[18] - Net profit attributable to the parent company was ¥25,918,989.61, representing a 37.67% increase from ¥18,799,551.18 in the previous period[18] Cash Flow - The net cash flow from operating activities surged by 573.37% to CNY 56,780,070.44, compared to a negative cash flow of CNY 11,994,747.61 in the previous year[5] - Total cash inflow from operating activities was ¥439,481,008.51, compared to ¥358,556,228.53 in the previous period, reflecting stronger sales performance[20] - Net cash flow from investing activities was -86,951,596.13, while the net cash flow from financing activities was -33,891,689.29, indicating a significant cash outflow in both areas[21] - The company’s cash flow from financing activities showed a net outflow of 33,891,689.29, contrasting with a net inflow of 9,204,830.51 in the previous period[21] Assets and Liabilities - Total assets decreased by 1.10% to CNY 2,311,860,555.37 from CNY 2,337,587,924.82 at the end of the previous year[5] - Current assets totaled CNY 1,358,449,951.45, up from CNY 1,268,424,092.68 at the beginning of the period, indicating a growth of approximately 7.1%[14] - Total liabilities decreased to CNY 918,723,974.86 from CNY 970,370,333.92, a reduction of approximately 5.3%[15] - Current liabilities totaled CNY 795,141,844.07, down from CNY 837,529,624.25, indicating a decrease of about 5.1%[15] - The non-current assets decreased to CNY 953,410,603.92 from CNY 1,069,163,832.14, reflecting a decline of approximately 10.8%[15] Government Support and Other Income - The company received government subsidies amounting to CNY 9,115,954.76, which positively impacted the financial results[6] - The company experienced a significant increase in other income, which rose by 70.81% to CNY 710,330.00, attributed to increased government rewards[11] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 79,926, with no preferred shareholders[10] Research and Development - Research and development expenses increased to ¥20,378,185.01, up 28.73% from ¥15,832,524.46 in the previous period, indicating a focus on innovation[17] Cash and Cash Equivalents - The company's cash and cash equivalents decreased to CNY 143,238,817.77 from CNY 146,500,713.75, reflecting a decline of about 2.0%[14] - Cash and cash equivalents at the end of the period increased to 136,327,409.07 from 74,770,229.97, showing a positive change of 25,981,022.50[21] - The company’s cash and cash equivalents at the beginning of the period were 110,346,386.57, down from 161,784,113.38, indicating a decrease of approximately 31.7%[21] Dividend and Interest Payments - The company distributed dividends and interest payments totaling 3,654,189.29, down from 6,290,019.94, representing a decrease of about 42%[21] Audit Status - The first quarter report was not audited, which may affect the reliability of the financial data presented[22]