Financial Performance - The company's revenue for Q1 2025 reached ¥339,460,130.73, representing a 47.22% increase compared to ¥230,579,335.07 in the same period last year[5] - Net profit attributable to shareholders was ¥33,512,222.40, a 3.08% increase from ¥32,511,747.75 year-on-year[5] - The company's net profit for the current period is CNY 33,465,192.97, an increase from CNY 32,511,747.75 in the previous period, representing a growth of approximately 2.93%[21] - Operating profit for the current period is CNY 39,127,379.10, compared to CNY 34,941,732.16 in the previous period, indicating an increase of about 11.67%[21] - The total operating revenue for the first quarter of 2025 was RMB 339,460,130.73, compared to RMB 230,579,335.07 in the same period last year, representing an increase of approximately 47.3%[20] - The company's net profit for the first quarter of 2025 showed a significant increase, driven by higher revenue and controlled costs[20] - The total comprehensive income for the current period is CNY 33,465,192.97, which is an increase from CNY 32,511,747.75 in the previous period[21] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥160,501,421.13, compared to a negative cash flow of -¥55,405,074.44 in the previous year, marking a 389.69% increase[5] - Cash flow from operating activities shows a net inflow of CNY 160,501,421.13, a significant improvement from a net outflow of CNY -55,405,074.44 in the previous period[23] - The cash and cash equivalents decreased to RMB 107,098,071.41 from RMB 412,748,082.22 at the beginning of the period, indicating a reduction in liquidity[17] - Total cash and cash equivalents at the end of the period is CNY 101,731,104.44, down from CNY 306,296,011.09 in the previous period[24] - The net cash flow from financing activities is CNY -70,935,431.18, worsening from CNY -36,742,091.67 in the previous period[24] Expenses and Costs - The total operating costs for the first quarter of 2025 were RMB 306,559,257.53, up from RMB 197,633,427.51 in the previous year, reflecting an increase of about 55%[20] - The company reported a significant increase in sales expenses by 33.61% to ¥10,080,504.82, attributed to the expansion of sales teams in East China and Su Lian Intelligent Control[8] - Research and development expenses rose by 37.51% to ¥17,628,262.92, driven by the establishment of new R&D teams and increased investment in new products and materials[8] - The company incurred income tax expenses of CNY 5,619,070.43, compared to CNY 2,473,128.92 in the previous period, reflecting an increase of approximately 127.56%[21] Assets and Shareholder Information - Total assets increased by 2.11% to ¥2,581,133,001.74 from ¥2,527,874,492.43 at the end of the previous year[5] - The total number of common shareholders at the end of the reporting period is 10,617[10] - Major shareholder Han Zongjun holds 31.40% of shares, totaling 37,656,000 shares[10] - Major shareholder Han Xiao holds 21.79% of shares, totaling 26,136,000 shares[10] - The company reported total equity attributable to shareholders of RMB 1,982,777,642.60, an increase from RMB 1,948,537,504.14 at the beginning of the period[19] Investments and Future Plans - The company plans to invest RMB 280 million to establish an intelligent factory for new energy vehicle fluid pipeline systems in Liyang Economic Development Zone[12] - The project company for the above investment has completed business registration and is expected to finish construction and start production within the year[12] - The company will invest RMB 469 million to build an intelligent manufacturing base for new energy vehicle components in Jiangbei District, Chongqing[13] - The land for the Chongqing project has been successfully auctioned, and construction permits have been obtained[14] Share Repurchase and Dividends - The company plans to distribute a cash dividend of RMB 8 per 10 shares and increase capital by 2.5 shares per 10 shares based on the total share capital after excluding treasury shares[14] - The total number of shares held by the company's repurchase account is 1,103,490, accounting for 0.92% of the total share capital[11] - The company approved a share repurchase plan using part of the raised funds, with a total repurchase amount between RMB 30 million and RMB 60 million, at a price not exceeding RMB 56.69 per share[15] - As of the announcement date, the company has repurchased a total of 1,103,490 shares, accounting for 0.92% of the total share capital[15]
溯联股份(301397) - 2025 Q1 - 季度财报