Sinosoft(SH:603927)2025-04-24 13:15Financial Performance - The company's operating revenue for Q1 2025 was ¥1,234,885,063.44, a decrease of 4.08% compared to ¥1,287,449,540.62 in the same period last year[5] - The net profit attributable to shareholders was -¥16,236,680.42, representing a decline of 162.74% from ¥25,878,436.87 year-on-year[5] - The basic earnings per share for Q1 2025 was -¥0.0195, down 162.70% from ¥0.0311 in the previous year[5] - Net profit for Q1 2025 was a loss of ¥16,236,680.42, compared to a profit of ¥25,878,436.87 in Q1 2024, indicating a significant decline[19] - The total comprehensive income attributable to the parent company was ¥-16,224,568.21 in Q1 2025, down from ¥25,506,119.52 in Q1 2024[20] - Basic and diluted earnings per share were both ¥-0.02 in Q1 2025, compared to ¥0.03 in Q1 2024, reflecting a negative shift in profitability[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,861,451,958.32, a decrease of 10.75% from ¥7,687,535,807.75 at the end of the previous year[5] - Total liabilities as of March 31, 2025, were ¥3,584,135,934.12, a decrease from ¥4,393,995,215.34 at the end of 2024[15] - The company's total equity as of March 31, 2025, was ¥3,277,316,024.20, slightly down from ¥3,293,540,592.41 at the end of 2024[15] Cash Flow - The net cash flow from operating activities was -¥1,273,137,598.47, which is not comparable to the previous year due to increased cash payments for goods and services[5] - Operating cash inflow for Q1 2025 was ¥1,010,875,753.81, an increase from ¥958,115,290.09 in Q1 2024[22] - Cash outflow from operating activities surged to ¥2,284,013,352.28 in Q1 2025, compared to ¥1,589,808,430.83 in Q1 2024, leading to a net cash flow from operating activities of ¥-1,273,137,598.47[23] - The company’s cash and cash equivalents at the end of Q1 2025 stood at ¥2,633,277,016.21, down from ¥2,393,085,009.39 at the end of Q1 2024[24] - The company experienced a net cash outflow from financing activities of ¥-3,158,057.65 in Q1 2025, compared to ¥-4,528,073.26 in Q1 2024, indicating a reduction in financing costs[24] Operational Insights - The company experienced a significant reduction in customer demand and IT investment, impacting software revenue and gross margin[6] - The company's management indicated a focus on improving operational efficiency and exploring new market opportunities in future quarters[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,649[8] - The company’s equity attributable to shareholders was ¥3,277,316,024.20, a slight decrease of 0.49% from ¥3,293,540,592.41 at the end of the previous year[5]