Financial Performance - The company's operating revenue for Q1 2025 was ¥9,378,472,092.33, a decrease of 9.27% compared to ¥10,336,614,835.83 in the same period last year[4] - Net profit attributable to shareholders increased by 20.33% to ¥154,135,185.32 from ¥128,091,621.66 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥60,628,598.47, down 28.95% from ¥85,331,923.44 in the previous year[4] - The basic earnings per share for the period was ¥0.33, an increase of 3.13% from ¥0.32 in the same period last year[4] - Net profit for Q1 2025 reached ¥151,016,946.60, an increase of 19.4% from ¥126,517,386.47 in Q1 2024[20] - Earnings per share for Q1 2025 was ¥0.33, compared to ¥0.32 in Q1 2024[20] - The company reported a total comprehensive income of ¥153,653,798.84 for Q1 2025, compared to ¥110,244,004.30 in Q1 2024, reflecting a growth of 39.3%[20] Cash Flow and Liquidity - The net cash flow from operating activities was ¥674,460,940.11, a decrease of 5.05% compared to ¥710,314,614.71 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was ¥674,460,940.11, a decrease of 5.0% from ¥710,314,614.71 in Q1 2024[24] - Cash and cash equivalents as of March 31, 2025, were RMB 7.878 billion, an increase from RMB 6.820 billion at the end of 2024[14] - The net cash flow from investing activities was -$52.46 million, a decrease from -$262.73 million year-over-year[25] - The total cash inflow from financing activities was $1.35 billion, compared to $2.60 billion in the previous period[25] - The net cash flow from financing activities was $272.87 million, a significant decrease from $1.72 billion year-over-year[25] - The net increase in cash and cash equivalents was $903.63 million, down from $2.16 billion in the previous period[25] - The ending balance of cash and cash equivalents was $6.37 billion, compared to $6.57 billion at the end of the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥25,406,570,657.50, down 3.56% from ¥26,345,613,932.26 at the end of the previous year[4] - Total assets decreased from RMB 26.346 billion at the end of 2024 to RMB 25.407 billion as of March 31, 2025[15] - Current liabilities decreased from RMB 19.724 billion at the end of 2024 to RMB 18.590 billion as of March 31, 2025[15] - Long-term borrowings increased to RMB 717.76 million from RMB 694.72 million at the end of 2024[15] - Total liabilities decreased to ¥19,640,254,045.97 in Q1 2025 from ¥20,752,484,852.66 in Q1 2024, a reduction of 5.4%[19] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 3.15% to ¥5,777,069,054.38 from ¥5,600,772,563.42 at the end of the previous year[4] - Total equity attributable to shareholders increased to ¥5,777,069,054.38 in Q1 2025 from ¥5,600,772,563.42 in Q1 2024, an increase of 3.2%[19] Business Segments - Smartphone business revenue in the first quarter was RMB 6.741 billion, down 20.86% year-on-year[11] - Tablet business revenue increased to RMB 952 million, a year-on-year growth of 21.56%[11] - AIoT product revenue reached RMB 1.405 billion, up 53.48% year-on-year[11] - The company secured new project designations from NIO and Dongfeng Electric Drive in the automotive electronics sector[11] Costs and Expenses - Total operating costs for Q1 2025 were ¥9,372,910,559.66, down 8.3% from ¥10,222,893,333.79 in Q1 2024[19] - Research and development expenses for Q1 2025 were ¥543,534,953.78, an increase of 13.6% from ¥478,434,240.01 in Q1 2024[19] Non-Recurring Items - The company reported non-recurring gains of ¥93,506,586.85 after tax, with significant contributions from government subsidies and other non-operating income[6] - The impact of exchange rate changes on cash and cash equivalents was $8.76 million, compared to -$5.58 million in the previous period[25]
龙旗科技(603341) - 2025 Q1 - 季度财报