Gian(SZ:300709)2025-04-24 15:30Financial Performance - The company's revenue for Q1 2025 was ¥469,173,977.08, representing a 20.66% increase compared to ¥388,834,901.40 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥17,496,157.16, an improvement of 35.45% from a loss of ¥27,104,268.81 in the previous year[5] - Total operating revenue for the current period reached ¥469,173,977.08, an increase of 21% compared to ¥388,834,901.40 in the previous period[21] - The net profit for the current period was a loss of ¥19,336,616.38, an improvement from a loss of ¥29,237,780.01 in the previous period[22] - Total comprehensive income amounted to -17,024,837.31, a decrease from -32,828,010.83 in the previous period[23] - Basic and diluted earnings per share were both -0.09, compared to -0.15 in the prior period[23] Cash Flow - The net cash flow from operating activities was negative at ¥73,363,834.99, a decline of 213.33% compared to a positive cash flow of ¥64,737,450.50 in the same period last year[11] - Cash inflows from operating activities totaled 466,307,186.12, down from 501,940,506.89 year-over-year[26] - Cash outflows from operating activities increased to 539,671,021.11 from 437,203,056.39 in the previous period, resulting in a net cash flow from operating activities of -73,363,834.99[26] - Cash inflows from financing activities were 40,200,000.00, with cash outflows totaling 259,588.21, resulting in a net cash flow from financing activities of 39,940,411.79[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,318,614,601.94, a slight increase of 0.93% from ¥3,288,112,896.00 at the end of the previous year[5] - Current liabilities rose to ¥1,069,334,566.84, compared to ¥1,017,957,736.90, indicating an increase of about 5%[19] - The total equity attributable to shareholders decreased to ¥2,142,007,941.61 from ¥2,157,192,319.70, a decline of approximately 0.7%[19] Financial Assets and Expenses - The company reported a significant increase in trading financial assets, which rose by 422.45% to ¥277,002,012.32, primarily due to the purchase of financial products[9] - The company recorded a decrease in financial expenses by 130.27%, down to -¥546,472.86, due to reduced loan interest and exchange losses[10] - The company’s financial expenses showed a notable decrease, with a net financial cost of -¥546,472.86 compared to ¥1,805,424.78 in the previous period[22] Shareholder Information - Total number of common shareholders at the end of the reporting period is 32,488[13] - The largest shareholder, Wang Mingxi, holds 19.43% of shares, totaling 36,161,200 shares[13] - The top 10 shareholders hold a significant portion of shares, with the top shareholder alone holding nearly 20%[13] Research and Development - Research and development expenses increased to ¥56,491,904.19, compared to ¥43,656,604.49, marking a growth of about 29%[22] Inventory and Impairment - The company reported a significant increase in inventory, which rose to ¥497,800,251.64 from ¥396,685,831.07, reflecting a growth of about 25%[19] - The company experienced a 62.23% reduction in asset impairment losses, amounting to -¥10,952,391.78, compared to -¥28,997,168.84 in the previous year[10] Other Information - The company’s subsidiary, Jiangsu Precision Research Intelligent Systems Co., Ltd., completed a name change and business scope adjustment[14] - Two subsidiaries obtained the "High-tech Enterprise Certificate," enhancing their market position[15] - The company is involved in ongoing litigation regarding performance compensation matters, with a court ruling received to suspend execution[14] - The company has not reported any changes in the participation of major shareholders in margin financing activities[13] - The company has not undergone an audit for the first quarter report[27]