唯捷创芯(688153) - 2025 Q1 - 季度财报

Financial Performance - In Q1 2025, the company's operating revenue reached ¥508.56 million, a year-on-year increase of 10.24% compared to ¥461.32 million in the same period last year[4] - The net profit attributable to shareholders was -¥18.13 million, a decrease of ¥12.75 million from -¥5.37 million in the previous year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥22.71 million, down by ¥4.11 million from -¥18.61 million year-on-year[6] - The net loss for Q1 2025 was ¥18,127,598.99, compared to a net loss of ¥5,372,975.43 in Q1 2024, indicating a significant decline in profitability[21] - The total comprehensive loss for Q1 2025 was ¥13,353,821.21, compared to a loss of ¥7,069,355.87 in Q1 2024[21] - The company's basic and diluted earnings per share for Q1 2025 were both -¥0.04, compared to -¥0.01 in Q1 2024[21] Cash Flow and Liquidity - The net cash flow from operating activities was ¥325.01 million, a significant increase of ¥58.76 million compared to -¥26.26 million in the same period last year[6] - Cash flow from operating activities for Q1 2025 was ¥325,011,618.87, a turnaround from a negative cash flow of ¥262,557,962.83 in Q1 2024[23] - The company generated cash inflows from operating activities amounting to ¥701,872,057.56 in Q1 2025, compared to ¥634,789,258.83 in Q1 2024[23] - Net cash flow from investment activities was -128,888,718.51, indicating a decrease compared to the previous period's -24,325,798.53[24] - Total cash inflow from financing activities was 18,463,445.34, a significant increase from 231,345.92 in the prior period[24] - Cash outflow from financing activities totaled 93,705,265.48, compared to 10,773,458.72 previously, resulting in a net cash flow from financing activities of -75,241,820.14[24] - The net increase in cash and cash equivalents was 124,942,742.35, contrasting with a decrease of -296,501,348.97 in the previous period[24] - The ending balance of cash and cash equivalents was 2,776,683,773.88, slightly down from 2,800,394,001.61 at the end of the previous period[24] - The beginning balance of cash and cash equivalents was 2,651,741,031.53, indicating a decrease from 3,096,895,350.58 in the prior period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥4.59 billion, a slight increase of 0.03% from ¥4.59 billion at the end of the previous year[5] - The company reported a total liability of ¥651,999,959.77 as of the latest reporting period, an increase from ¥597,961,833.95[19] - The total equity attributable to shareholders was ¥3,939,254,214.18, a decrease from ¥3,992,010,080.34 year-over-year[19] - The company's non-current assets totaled ¥701,652,912.25, an increase from ¥635,045,577.93, reflecting a growth of approximately 10%[16] - Total assets increased slightly to ¥4,591,254,173.95 from ¥4,589,971,914.29, indicating a marginal growth[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,521[12] - Gaintech Co. Limited holds 23.55% of shares, making it the largest shareholder with 101,247,461 shares[12] - The company reported a total of 30,486,076 shares held by Shenzhen Guiren Capital Investment Co., Ltd., which is the largest unrestricted shareholder[13] - The company has a total of 3,615,973 shares held in its repurchase account, accounting for 0.84% of total shares[14] Research and Development - Research and development expenses totaled ¥101.28 million, accounting for 19.92% of operating revenue, down from 22.92% in the previous year[5] - Research and development expenses for Q1 2025 totaled ¥101,283,680.02, slightly down from ¥105,742,058.21 in Q1 2024[19] Market Conditions - The company faced increased competition in the RF front-end market, leading to downward pressure on product prices and a decline in overall profit margins[6] - The company recognized government subsidies of ¥4.33 million during the period, which were lower than the previous year[8] - The company conducted inventory impairment testing, resulting in increased inventory impairment losses during the reporting period[6] Inventory and Receivables - Accounts receivable decreased to ¥264,481,959.30 from ¥411,415,466.19, a decline of about 36%[15] - Inventory decreased to ¥640,230,541.27 from ¥777,420,908.88, representing a reduction of approximately 18%[15] - Short-term borrowings decreased to ¥289,271,129.43 from ¥301,761,894.40, a decrease of about 4%[16]