Hollywave(SH:688682)2025-04-24 13:40Financial Performance - The company's operating revenue for Q1 2025 was ¥73,098,096.04, representing a 23.26% increase compared to ¥59,303,706.73 in the same period last year[3] - Net profit attributable to shareholders reached ¥4,141,776.44, a significant increase of 140.99% from ¥1,718,668.47 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,156,553.37, up 776.42% from ¥246,063.18 in the previous year[3] - Basic earnings per share increased to ¥0.0569, reflecting a 141.10% rise from ¥0.0236 in the same period last year[3] - The net profit for Q1 2025 reached ¥5,519,496.30, compared to ¥2,339,407.27 in Q1 2024, representing a significant increase of 136.5%[19] - The total comprehensive income for Q1 2025 was ¥5,519,496.30, compared to ¥2,339,407.27 in Q1 2024, reflecting a growth of 136.5%[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥924,484,171.25, a decrease of 4.01% from ¥963,142,635.22 at the end of the previous year[4] - The total assets as of March 31, 2025, amounted to RMB 924,484,171.25, a decrease from RMB 963,142,635.22 as of December 31, 2024[14] - The total liabilities decreased to RMB 230,255,309.76 from RMB 275,518,911.26, reflecting a reduction of approximately 16.4%[15] - The cash and cash equivalents decreased to RMB 102,583,023.79 from RMB 122,132,129.85, a decline of about 16.0%[13] - The accounts receivable as of March 31, 2025, were RMB 169,899,433.10, down from RMB 182,820,804.32, showing a decrease of approximately 7.1%[13] - The inventory increased to RMB 141,924,659.70 from RMB 106,054,424.39, representing an increase of about 33.7%[13] - The non-current assets totaled RMB 174,578,222.26, up from RMB 167,185,418.56, indicating an increase of approximately 4.3%[14] - The total equity attributable to shareholders increased to RMB 655,553,340.75 from RMB 650,383,954.30, reflecting a growth of about 0.3%[15] - The short-term borrowings decreased to RMB 12,520,416.66 from RMB 17,001,844.44, a reduction of approximately 26.4%[14] Cash Flow - The net cash flow from operating activities was -¥50,161,773.46, an improvement from -¥61,776,233.59 in the same period last year[3] - The net cash flow from operating activities for Q1 2025 was -¥50,161,773.46, an improvement from -¥61,776,233.59 in Q1 2024[21] - The cash and cash equivalents at the end of Q1 2025 were ¥100,548,882.10, down from ¥157,231,667.19 at the end of Q1 2024[24] - The company reported cash inflows from investment activities of ¥192,864,636.57 in Q1 2025, compared to ¥333,848,525.96 in Q1 2024[21] - The net cash flow from investment activities for Q1 2025 was ¥51,472,245.69, a turnaround from -¥31,091,555.46 in Q1 2024[21] Research and Development - Research and development expenses totaled ¥9,928,122.40, accounting for 13.58% of operating revenue, down 3.17 percentage points from 16.75% in the previous year[3] - The company incurred research and development expenses of ¥9,928,122.40 in Q1 2025, slightly down from ¥9,933,545.53 in Q1 2024[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,629[9] - The company reported no significant changes in the top 10 shareholders or their shareholding status during the reporting period[10]