NANCAL(SH:603859)2025-04-24 14:40Financial Performance - The company's operating revenue for Q1 2025 was ¥336,689,460.66, a decrease of 16.65% compared to ¥403,960,745.54 in the same period last year[5] - Net profit attributable to shareholders was ¥48,992,848.88, down 12.07% from ¥55,718,339.55 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥42,287,971.06, reflecting a decline of 21.54% compared to ¥53,894,080.96 in the previous year[5] - Net profit for Q1 2025 was ¥77,843,057.98, a decrease of 5.2% from ¥82,565,800.29 in Q1 2024[19] - The total comprehensive income for the period was CNY 77,843,057.98, compared to CNY 82,565,800.29 in the previous period, reflecting a decrease of approximately 5.2%[20] - The net profit attributable to the parent company was CNY 48,992,848.88, down from CNY 55,718,339.55, indicating a decline of about 12.9%[20] - Basic and diluted earnings per share were both CNY 0.20, compared to CNY 0.23 in the previous year, representing a decrease of approximately 13.0%[20] Cash Flow - The net cash flow from operating activities was negative at -¥21,152,118.10, contrasting with a positive cash flow of ¥19,583,350.66 in the same period last year[5] - Cash flow from operating activities showed a net outflow of CNY 21,152,118.10, contrasting with a net inflow of CNY 19,583,350.66 in the same period last year[23] - Cash inflow from investment activities was CNY 436,588,063.44, while cash outflow was CNY 619,352,985.06, resulting in a net cash outflow of CNY 182,764,921.62[23] - Cash flow from financing activities resulted in a net outflow of CNY 23,157,426.50, compared to a net inflow of CNY 17,590,165.94 in the previous year[24] - The ending cash and cash equivalents balance was CNY 235,292,544.47, down from CNY 174,761,576.17 in the previous year[24] - The company received CNY 1,536,860.70 in investment income during the first quarter of 2025, an increase from CNY 1,224,226.00 in the same period last year[23] - The company reported cash received from other investment activities amounting to CNY 435,051,202.74, significantly higher than CNY 245,580,000.00 in the previous year[23] - The company’s total cash inflow from operating activities was CNY 292,716,189.78, slightly lower than CNY 301,190,113.51 in the previous year[23] Assets and Liabilities - Total assets as of March 31, 2025, were ¥4,481,373,204.11, a slight decrease of 0.10% from ¥4,485,872,148.63 at the end of the previous year[6] - Total liabilities amounted to ¥1,398,708,500.95, down from ¥1,414,427,112.78 in the previous period[14] - The company's cash and cash equivalents decreased to ¥2,641,919,323.97 from ¥2,662,986,075.51[14] - The equity attributable to shareholders increased to ¥2,948,237,148.83 from ¥2,898,367,690.62[15] - The company reported a decrease in accounts receivable to ¥1,490,881,281.36 from ¥1,427,656,124.74[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 29,953[9] - The top shareholder, Mr. Zu Jun, holds 15.22% of the shares, totaling 37,248,640 shares[9] Operating Costs and Expenses - Total operating costs for Q1 2025 were ¥248,921,495.11, down 18.1% from ¥303,790,870.17 in Q1 2024[18] - Research and development expenses for Q1 2025 were ¥56,282,479.98, slightly down from ¥57,183,731.10 in Q1 2024[19] - The company's gross profit margin for Q1 2025 was approximately 26.0%, compared to 25.0% in Q1 2024[18] Non-Recurring Gains - The company reported non-recurring gains of ¥6,704,877.82, which included government subsidies and other income[7]