安达智能(688125) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥141,918,555.12, representing a decrease of 6.59% compared to ¥151,923,109.63 in the same period last year[4] - The net profit attributable to shareholders was -¥20,177,341.42, a decline of 596.67% from a profit of ¥4,062,504.82 in the previous year[4] - The basic and diluted earnings per share were both -¥0.25, a decrease of 600.00% compared to ¥0.05 in the same period last year[4] - The weighted average return on equity was -1.07%, down from 0.21% in the previous year, reflecting a decrease of 1.28 percentage points[4] - The company's revenue for the reporting period was 141.92 million RMB, a decrease of 6.59% compared to the same period last year, primarily due to a contraction in overseas markets and weakened demand from international clients and the general industry[12] - The gross profit margin faced pressure, leading to a net loss in the first quarter, attributed to changes in product revenue structure and lower margins from new products during their initial rollout[12] - Net profit for Q1 2025 was a loss of ¥20,080,663.54, compared to a profit of ¥3,614,569.66 in Q1 2024[21] - The company's operating profit for Q1 2025 was a loss of ¥27,318,354.11, down from a profit of ¥1,199,561.94 in Q1 2024[21] Cash Flow and Assets - The net cash flow from operating activities was ¥14,815,603.96, a significant improvement from -¥1,006,745.37 in the same period last year[4] - As of March 31, 2025, total current assets were approximately 1.87 billion RMB, compared to 1.83 billion RMB at the end of 2024[16] - Cash and cash equivalents were reported at approximately 202.01 million RMB, a significant decrease from 776.06 million RMB at the end of 2024[16] - In Q1 2025, the company reported operating cash inflow of ¥165,141,756.98, an increase of 8.8% compared to ¥151,685,157.52 in Q1 2024[23] - The company experienced a net decrease in cash and cash equivalents of ¥575,726,514.70, contrasting with an increase of ¥428,323,089.63 in Q1 2024[24] - The ending balance of cash and cash equivalents was ¥193,602,314.07, down from ¥1,469,402,369.17 at the end of Q1 2024[24] Expenses and Liabilities - Research and development expenses totaled ¥26,135,439.92, accounting for 18.42% of operating revenue, slightly down from 18.57%[5] - Total operating costs increased to ¥167,846,308.32 in Q1 2025, up 12.1% from ¥149,727,123.87 in Q1 2024[20] - Sales expenses increased to 39.27 million RMB, up 6.75 million RMB from the previous year, driven by increased investment in technical service personnel and promotional efforts for new products targeting international clients[12] - Management expenses rose to 20.49 million RMB, an increase of 2.03 million RMB year-on-year, mainly due to the introduction of high-end management talent and new equity incentive costs[12] - Total liabilities increased to ¥440,299,653.37 from ¥381,131,021.10, reflecting a rise of 15.5%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,763[9] - Total equity attributable to shareholders decreased to ¥1,882,789,589.26 from ¥1,899,016,252.48, a decline of 0.6%[18] Strategic Initiatives - The company continues to adhere to a major client strategy, actively engaging with global clients in sectors such as consumer electronics, automotive electronics, AI servers, new energy, and semiconductors[14] - The implementation of the Management By Plan (MBP) strategy is expected to enhance operational capabilities and optimize business structure, aiming for improved profitability in the future[14] - The company is focusing on product strategy optimization, concentrating resources on high-value businesses while streamlining lower-margin operations[14] Non-Recurring Items - The company reported non-recurring gains of ¥1,507,517.62, after accounting for tax effects[6] - The decline in net profit was primarily due to reduced operating revenue, lower gross margins, and increased period expenses[7] Financial Improvements - The company reported a financial expense of -¥1,400,574.35, a significant improvement compared to -¥7,902,077.52 in Q1 2024[20] - The cash outflow for purchasing goods and services was ¥39,593,413.15, a decrease of 12.0% compared to ¥44,977,470.26 in Q1 2024[23] - The company paid ¥81,838,120.29 in employee compensation, an increase of 11.6% from ¥73,394,030.77 in Q1 2024[23] - The company reported a tax payment of ¥5,595,516.74, significantly higher than ¥1,443,544.47 in Q1 2024[23] - The company did not report any cash inflow from financing activities, indicating a focus on internal funding rather than external financing[24]