China Catalyst (SH:688267)2025-04-24 13:25Financial Performance - The company's operating revenue for Q1 2025 was CNY 199,025,698.64, a slight increase of 0.05% compared to CNY 198,918,280.83 in the same period last year[4] - Net profit attributable to shareholders increased by 16.10% to CNY 40,712,852.31 from CNY 35,065,569.57 year-on-year[4] - The basic earnings per share rose to CNY 0.23, reflecting a 15.00% increase from CNY 0.20 in the same period last year[4] - Total operating revenue for Q1 2025 reached ¥199,025,698.64, a slight increase from ¥198,918,280.83 in Q1 2024[20] - Net profit for Q1 2025 was ¥40,712,852.31, up from ¥35,065,569.57 in Q1 2024, indicating a growth of about 16.5%[22] - Earnings per share for Q1 2025 were ¥0.23, compared to ¥0.20 in Q1 2024, reflecting an increase of 15%[22] Cash Flow - The net cash flow from operating activities turned positive at CNY 24,500,012.27, compared to a negative cash flow of CNY -20,378,711.16 in the previous year[4] - In Q1 2025, the cash inflow from operating activities was CNY 140,941,019.65, a decrease of 13.5% compared to CNY 162,943,409.42 in Q1 2024[25] - Cash inflow from investment activities increased significantly to CNY 556,572,781.31 in Q1 2025, up from CNY 132,405,725.52 in Q1 2024, representing a growth of 320.5%[26] - The total cash outflow from operating activities was CNY 116,441,007.38 in Q1 2025, down from CNY 183,322,120.58 in Q1 2024, indicating a reduction of 36.5%[25] - The cash paid for purchasing goods and services decreased to CNY 44,392,781.08 in Q1 2025 from CNY 125,988,086.21 in Q1 2024, a reduction of 64.8%[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,992,229,907.33, up 2.46% from CNY 2,920,528,436.51 at the end of the previous year[5] - As of March 31, 2025, the company's total current assets amounted to RMB 1,864,856,101.92, an increase from RMB 1,802,527,537.25 as of December 31, 2024, reflecting a growth of approximately 3.0%[16] - The total assets increased to ¥2,992,229,907.33 in the latest reporting period from ¥2,920,528,436.51 previously, marking a growth of approximately 2.5%[18] - Total liabilities rose to ¥217,478,175.74 from ¥186,684,050.15, which is an increase of about 16.4%[18] Research and Development - Research and development expenses totaled CNY 12,374,259.83, representing 6.22% of operating revenue, an increase from 5.79% in the previous year[5] - Research and development expenses for Q1 2025 were ¥12,374,259.83, up from ¥11,509,149.96 in Q1 2024, indicating a focus on innovation and product development[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,428[9] - The largest shareholder, Zhongchumei Group Co., Ltd., held 26.41% of the shares, totaling 46,541,096 shares[9] Government Subsidies - The company received government subsidies amounting to CNY 2,631,090.55, which are closely related to its normal business operations[6] Investment Activities - The company reported a significant investment income of ¥1,528,349.38 in Q1 2025, compared to ¥499,830.09 in Q1 2024, showcasing improved investment performance[21] - The company’s long-term equity investments stood at RMB 24,353,855.23, slightly increasing from RMB 24,253,601.41[16] Cash and Cash Equivalents - The company's cash and cash equivalents decreased to RMB 214,592,994.57 from RMB 253,585,972.28, representing a decline of about 15.4%[16] - Cash and cash equivalents at the end of Q1 2025 stood at CNY 213,537,337.29, compared to CNY 266,212,506.99 at the end of Q1 2024, reflecting a decrease of 19.8%[26] Other Financial Metrics - The weighted average return on equity improved to 1.48%, an increase of 0.16 percentage points from the previous year[4] - Deferred income tax assets increased to ¥17,760,787.31 from ¥15,627,237.29, reflecting a positive adjustment in tax planning strategies[18]