CASHWAY(603106)2025-04-24 13:50Financial Performance - The company's operating revenue for Q1 2025 was CNY 94,032,445.58, representing a 1.27% increase compared to CNY 92,849,433.47 in the same period last year[4]. - Net profit attributable to shareholders was CNY 5,347,509.92, a significant recovery from a loss of CNY 21,189,157.59 in the previous year[4]. - Basic and diluted earnings per share were both CNY 0.01, recovering from a loss of CNY 0.04 per share in the previous year[4]. - Total operating revenue for Q1 2025 was CNY 94,032,445.58, an increase of 1.27% compared to CNY 92,849,433.47 in Q1 2024[18]. - Net profit for Q1 2025 was CNY 5,347,509.92, a turnaround from a net loss of CNY 21,189,157.59 in Q1 2024[19]. - Earnings per share for Q1 2025 was CNY 0.01, compared to a loss per share of CNY -0.04 in Q1 2024[19]. Cash Flow and Investments - The net cash flow from operating activities improved to -CNY 36,698,074.68, compared to -CNY 70,293,886.30 in the same period last year[4]. - Operating cash flow for Q1 2025 was negative at CNY -36,698,074.68, an improvement from CNY -70,293,886.30 in Q1 2024[22]. - Cash inflow from operating activities totaled CNY 68,948,582.13, compared to CNY 65,432,788.88 in Q1 2024, indicating a slight increase of 3.8%[22]. - The net cash flow from investment activities decreased by 102.79%, primarily due to reduced external investment management[7]. - Net cash flow from investing activities was -$803.8 million, compared to $28.84 million in the previous period[23]. - Cash and cash equivalents at the end of the period totaled $761.31 million, down from $798.81 million at the beginning of the period[23]. - The net increase in cash and cash equivalents was -$37.50 million, compared to -$41.46 million in the previous period[23]. - The impact of exchange rate changes on cash and cash equivalents was $3,021.55, compared to -$7,553.78 in the previous period[23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,684,942,137.01, down 3.32% from CNY 1,742,791,294.49 at the end of the previous year[5]. - Total liabilities decreased to CNY 373,810,849.03 from CNY 437,007,516.43, a reduction of 14.5%[15]. - Total liabilities include accounts payable of ¥106,712,184.09, down from ¥116,399,148.96, a reduction of about 8.83%[14]. - The company has no significant changes in the shareholding structure of major shareholders due to margin trading[11]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 55,574[10]. - The largest shareholder, Hengrong Investment Group Co., Ltd., holds 241,670,000 shares, accounting for 46.43% of total shares[10]. - The company maintains a consistent relationship among major shareholders, indicating a unified action among them[11]. Cost Management - The company reported a significant decrease in operating costs by 41.23%, attributed to changes in product structure and reduced manufacturing and service costs[7]. - Total operating costs decreased significantly to CNY 87,660,177.36 from CNY 140,217,316.21, representing a reduction of 37.4%[18]. - Research and development expenses decreased by 40.14%, primarily due to reduced compensation costs[7]. - Research and development expenses for Q1 2025 were CNY 8,516,587.12, down from CNY 14,228,509.43 in Q1 2024, a decrease of 40.0%[18]. - The company reported a significant decrease in financial expenses, with a net financial income of CNY -989,797.00 compared to CNY -5,803,277.98 in the previous year[18]. Other Information - The company reported no other important information regarding its operational status during the reporting period[12]. - The company will implement new accounting standards starting in 2025, which may affect the financial statements[23].