BESTEK(300822)2025-04-24 11:25Revenue and Profitability - The company's revenue for Q1 2025 was ¥216,491,334, representing a 6.57% increase compared to ¥203,144,539 in the same period last year[5] - Net profit attributable to shareholders decreased by 36.68% to ¥10,579,127 from ¥16,706,825 in the previous year[5] - Basic earnings per share decreased by 36.38% to ¥0.0341 from ¥0.0696 in the same period last year[5] - Net profit for the current period was ¥7,568,405.85, a decrease of 34.5% from ¥11,592,697.40 in the previous period[18] - Earnings per share (EPS) decreased to ¥0.0341 from ¥0.0536, representing a decline of 36.8%[19] - The company reported a total comprehensive income of ¥6,259,664.20, down from ¥9,213,997.35 in the previous period, a decline of 32.5%[19] Cash Flow and Investments - The cash flow from operating activities improved significantly, reaching ¥2,638,384, a 116.99% increase from a negative cash flow of ¥15,524,740 in the same period last year[5] - Cash flow from operating activities generated a net amount of ¥2,638,384.21, recovering from a negative cash flow of -¥15,524,740.20 in the previous period[20] - The net cash flow from investing activities improved by 86.51% to -¥1,980,301.66, attributed to reduced expenditures on fixed asset construction[9] - The cash outflow from investment activities was significantly higher than the cash inflow, indicating a net investment of $1,980,301.66[21] - The company received $30,000.00 from minority shareholders as part of its financing activities[21] - Cash inflow from financing activities was $30,000.00, with cash outflow of $1,793,733.86, leading to a net cash flow of -$1,793,733.86[21] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥1,542,990,858.92, a decrease of 1.33% from ¥1,563,750,453.64 at the end of the previous year[5] - Total current assets amount to 918,675,670.55 RMB, a decrease from 927,175,122.06 RMB at the beginning of the period[15] - Total liabilities decreased to 252,304,345.30 RMB from 278,226,423.04 RMB, showing a reduction of approximately 9%[15] - Total liabilities decreased to ¥276,196,172.74 from ¥303,215,431.66, a reduction of 8.9%[16] - Total equity attributable to shareholders increased to ¥1,274,169,851.72 from ¥1,264,899,466.26, reflecting a growth of 0.7%[16] Research and Development - Research and development expenses increased by 32.30% to ¥11,437,532, indicating a focus on enhancing product development[9] - Research and development expenses increased to ¥11,437,532.52, up from ¥8,645,173.66, indicating a growth of 32.6%[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 23,673[12] - The top two shareholders hold significant stakes: Shenzhen Taiping Dingsheng Investment Co., Ltd. at 31.10% (96,876,000 shares) and Shenzhen Yilongdak Investment Co., Ltd. at 29.47% (91,821,600 shares)[12] Other Financial Metrics - The weighted average return on equity decreased to 0.85% from 1.32% in the previous year, reflecting a decline in profitability[5] - The company reported a significant increase in contract liabilities by 153.97% to ¥6,953,464.44, indicating a rise in prepayments from customers[9] - The company experienced a 292.33% increase in foreign exchange gains, amounting to ¥1,693,490.92, due to favorable currency fluctuations[10] - Other comprehensive income after tax for the current period was -¥1,308,741.65, compared to -¥2,378,700.05 in the previous period, showing an improvement[18] Accounting and Reporting - The company has not audited its first-quarter report[22] - The company will implement new accounting standards starting in 2025[22]