Financial Performance - The company's revenue for Q1 2025 was ¥73,378,588.42, representing a 24.18% increase compared to ¥59,088,252.46 in the same period last year[5] - Net profit attributable to shareholders reached ¥30,675,888.02, a significant increase of 72.26% from ¥17,807,996.94 year-on-year[5] - Basic earnings per share increased to ¥0.11, reflecting an 83.33% rise from ¥0.06 in the same quarter last year[5] - Total operating revenue for the current period reached ¥73,378,588.42, a 24.1% increase from ¥59,088,252.46 in the previous period[21] - Net profit for the current period was ¥30,675,888.02, representing a 72.5% increase compared to ¥17,807,996.94 in the previous period[22] - Other comprehensive income after tax for the current period was ¥1,746,046.65, compared to a loss of ¥1,569,469.52 in the previous period[22] - The total comprehensive income for the current period was ¥32,421,934.67, up from ¥16,238,527.42, marking a significant increase of 99.5%[23] Cash Flow - The net cash flow from operating activities was ¥24,605,613.36, up 44.97% from ¥16,973,199.25 in the previous year[10] - The net cash flow from investing activities was -¥54,329,828.79, a significant decrease compared to ¥16,116,854.84 in the previous year, mainly due to large purchases of time deposits[10] - The net increase in cash and cash equivalents was -¥29,405,375.32, a decline of 210.21% from an increase of ¥26,681,990.47 in the same period last year[10] - Operating cash flow net amount increased to $24,605,613.36 from $16,973,199.25, representing a growth of 45.5% year-over-year[24] - Total cash inflow from operating activities was $87,777,682.87, compared to $75,727,706.08 in the previous period, an increase of 15.5%[24] - Total cash outflow from operating activities was $63,172,069.51, up from $58,754,506.83, representing an increase of 7.2%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,332,719,358.56, a 0.98% increase from ¥2,309,983,917.95 at the end of the previous year[5] - Total liabilities decreased to ¥84,260,140.01 from ¥92,213,784.07, a reduction of 8.9%[19] - Non-current liabilities totaled ¥10,105,109.48, down from ¥10,482,275.54, indicating a decrease of 3.6%[19] - Deferred income tax assets were reported at ¥3,396,118.22, down from ¥3,911,770.16, a decline of 13.1%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,654[12] - The largest shareholder, Longyang International Co., holds 69.04% of shares, totaling 195,722,953 shares[12] - The total number of shares held by the top 10 unrestricted shareholders is 2,328,112 shares for Hong Kong Central Clearing Limited[13] - The company has a total of 1,452,993 shares held in its repurchase account, representing 0.51% of the total share capital[13] Investment Activities - The company experienced a 100% increase in investment income, reaching ¥855,903.88, due to higher returns from structured deposits and broker investments[9] - Cash inflow from investment activities totaled $426,657,089.29, significantly up from $73,818,344.89, indicating a year-over-year increase of 476.5%[25] - Cash outflow for investments reached $480,986,918.08, compared to $57,701,490.05 in the previous period, marking a substantial increase of 733.5%[25] - The company has signed a share acquisition intention agreement with Suzhou Deyou New Materials Technology Co., aiming to acquire 100% of its equity[14] - The company is conducting due diligence and auditing for the acquisition, with no formal transaction documents signed yet[15] - The company plans to follow relevant regulations for the acquisition process and will disclose information as required[16] Financial Expenses - Financial expenses decreased by 45.77% to -¥6,280,660.26, attributed to a decline in deposit interest rates[9] - The company has reported a significant increase in trading financial assets, with a total of 437,493,680.21 RMB at the end of the reporting period[17]
隆扬电子(301389) - 2025 Q1 - 季度财报