SMEI(SZ:300456)2025-04-24 11:45Financial Performance - The company's revenue for Q1 2025 was ¥264,012,302.74, a decrease of 2.24% compared to ¥270,050,961.08 in the same period last year[3] - Net profit attributable to shareholders was ¥2,642,119.76, representing a significant increase of 122.66% from a loss of ¥11,659,793.28 in the previous year[3] - The total comprehensive income for the period was ¥98,251,149.93, a substantial increase of 274.33% from a loss of ¥56,360,604.95 last year[9] - Basic and diluted earnings per share improved to ¥0.0036, a 122.64% increase from a loss of ¥0.0159 per share in the same period last year[3] - The net profit for the current period is a loss of CNY 20,125,347.26, slightly improved from a loss of CNY 20,245,225.30 in the previous period[22] - The total comprehensive income for the period was CNY 98,251,149.93, a decrease of 56,360,604.95 compared to the previous period[23] Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥93,890,652.87, a remarkable increase of 390.87% compared to a negative cash flow of ¥32,279,457.56 last year[3] - The net cash flow from operating activities increased by 390.87% to ¥93,890,652.87 compared to the previous period[10] - Cash inflow from investment activities totaled ¥12,742,595.23, a significant increase of 92640.87% year-on-year[10] - Cash inflow from financing activities surged by 773.28% to ¥261,138,615.74, primarily due to new long-term bank loans[10] - The net cash flow from financing activities improved by 987.74% to ¥221,648,501.12 compared to the previous period[10] - The company recorded a net increase in cash and cash equivalents of ¥234,845,949.64, representing an increase of 184.43%[10] - The company's cash and cash equivalents increased to CNY 851,068,868.36 from CNY 616,222,918.72, reflecting a growth of approximately 37.9%[17] - The company’s net increase in cash and cash equivalents for the period was CNY 234,845,949.64, contrasting with a decrease of CNY 278,157,679.39 in the previous period[26] Assets and Liabilities - Total assets increased by 4.77% to ¥7,345,808,322.57 from ¥7,011,337,774.25 at the end of the previous year[3] - The total assets as of March 31, 2025, are CNY 7,345,808,322.57, up from CNY 7,011,337,774.25, indicating an increase of about 4.8%[19] - The total liabilities increased to CNY 1,858,393,385.01 from CNY 1,622,173,986.62, which is an increase of approximately 14.6%[19] - The company's long-term borrowings rose significantly to CNY 838,159,689.71 from CNY 620,488,083.37, an increase of about 35.0%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 67,442[12] - Major shareholder Yang Yunchun holds 24.46% of shares, totaling 179,076,719 shares, with 89,450,000 shares pledged[12] Expenses and Financial Management - Financial expenses surged by 608.80% to ¥28,991,278.03, primarily due to increased exchange losses and reduced interest income[9] - The total operating costs increased to CNY 325,657,480.75 from CNY 307,627,574.28, marking an increase of about 5.3%[21] - The R&D expenses for the current period are CNY 105,075,831.27, compared to CNY 95,137,490.74 in the previous period, reflecting an increase of approximately 10.4%[22] Other Notable Events - The company has terminated the issuance of convertible bonds to unspecified objects as of March 19, 2025[16] - A subsidiary has been recognized as a national high-tech enterprise, valid for three years, which may enhance its competitive edge in technology[16] - The company did not report any net profit from the merged entity prior to the merger[23] - The first quarter report was not audited[27]