Financial Performance - The company's revenue for Q1 2025 was ¥441,205,258.47, representing a 1.14% increase compared to ¥436,226,478.75 in the same period last year[5]. - Net profit attributable to shareholders was ¥19,036,403.89, an increase of 8.31% from ¥17,575,297.77 year-over-year[5]. - Total operating revenue for the current period reached ¥441,205,258.47, a slight increase from ¥436,226,478.75 in the previous period, representing a growth of approximately 0.22%[23]. - Net profit for the current period was ¥18,477,803.57, up from ¥17,432,574.28 in the previous period, reflecting an increase of approximately 6.00%[24]. - The company reported a total comprehensive income of ¥18,803,469.60, compared to ¥17,706,868.86 in the previous period, representing an increase of approximately 6.18%[24]. - Basic earnings per share for the current period was ¥0.1071, compared to ¥0.1056 in the previous period, indicating an increase of approximately 1.42%[24]. Cash Flow - The net cash flow from operating activities surged by 497.85%, reaching ¥36,861,131.37 compared to ¥6,165,626.54 in the previous year[5]. - Operating cash inflow totaled $458.07 million, down from $517.76 million in the previous period, representing a decrease of approximately 11.5%[26]. - Net cash flow from operating activities increased to $36.86 million, compared to $6.17 million in the previous period, marking a significant improvement[26]. - Cash inflow from investment activities was $242.34 million, up from $102.46 million, indicating a substantial increase of about 136.3%[27]. - Net cash flow from investment activities was -$111.40 million, an improvement from -$292.19 million in the previous period[27]. - Cash inflow from financing activities decreased to $46.55 million from $525.84 million, a decline of approximately 91.2%[27]. - Net cash flow from financing activities was $30.51 million, down from $456.26 million, reflecting a significant decrease[27]. - The ending cash and cash equivalents balance was $560.39 million, compared to $403.59 million in the previous period, showing an increase of about 38.7%[27]. - Cash received from the recovery of investments was $238.00 million, significantly higher than $100.00 million in the previous period[26]. - Total cash outflow from investment activities was $353.74 million, down from $394.65 million, indicating a reduction of approximately 10.4%[27]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,023,150,804.08, a 1.33% increase from ¥1,996,581,529.47 at the end of the previous year[5]. - The company's total current assets amount to 1,450,354,516.12 CNY, an increase from 1,421,089,389.95 CNY at the beginning of the period[19]. - Total liabilities rose to ¥771,166,430.03, compared to ¥752,620,635.78 in the previous period, which is an increase of approximately 2.30%[21]. - The equity attributable to shareholders of the parent company increased to ¥1,232,606,119.21 from ¥1,224,024,038.53, showing a growth of about 0.22%[21]. Shareholder Information - The total number of common stock shareholders at the end of the reporting period is 14,492[15]. - The largest shareholder, Gu Wei, holds 28.74% of the shares, totaling 52,611,000 shares[15]. - The second-largest shareholder, Anhui Zhidao Investment, holds 16.62% of the shares, totaling 30,420,000 shares, with 24,240,000 shares pledged[15]. - As of March 31, 2025, the total share capital of the company is 183,038,400 shares, with 69,128,067 shares subject to restrictions, accounting for 37.77% of the total[18]. - The number of unrestricted shares held by the top ten shareholders totals 113,910,333 shares, accounting for 62.23% of the total share capital[18]. Expenses and Costs - Total operating costs amounted to ¥423,695,925.19, compared to ¥423,015,210.77 in the previous period, indicating a marginal increase of about 0.16%[23]. - The company experienced a 89.57% rise in selling expenses, totaling ¥6,916,082.74, mainly due to increased consulting and insurance fees[12]. - Research and development expenses were ¥18,139,295.36, slightly down from ¥18,286,327.01 in the previous period, reflecting a decrease of about 0.81%[23]. Other Financial Metrics - The weighted average return on equity decreased to 1.55%, down by 1.40% from 2.95% in the same period last year[5]. - Investment income rose by 353.56%, reaching ¥555,251.38, primarily due to the expiration of forward foreign exchange contracts[13]. - The net cash flow from financing activities decreased by 93.31% to ¥30,509,062.35, following the completion of the initial public offering in January 2024[14]. - The company has implemented a restricted stock incentive plan, issuing 5,250,400 shares, increasing the total share capital from 177,788,000 shares to 183,038,400 shares[17]. - The company reported a significant increase in other current assets by 3086.83%, amounting to ¥156,832,054.95, primarily due to increased investments in fixed-term financial products[11]. - Short-term borrowings increased by 218.36% to ¥18,887,751.40, attributed to an increase in bank loans and discounted notes[11]. Governance and Management - The company has completed the election of the second board of directors and supervisory board, along with the appointment of senior management personnel[17]. - The company did not undergo an audit for the first quarter report[28].
雪祺电气(001387) - 2025 Q1 - 季度财报