协和电子(605258) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥195,917,851.44, representing a 7.37% increase compared to ¥182,471,919.22 in the same period last year[4] - Net profit attributable to shareholders decreased by 10.25% to ¥11,931,248.29 from ¥13,294,519.93 year-on-year[4] - The net profit after deducting non-recurring gains and losses fell by 28.21% to ¥7,862,239.86 compared to ¥10,951,506.42 in the previous year[4] - Basic and diluted earnings per share both decreased by 6.67% to ¥0.14 from ¥0.15 year-on-year[5] - The net profit for the first quarter of 2025 was CNY 11,914,550.88, down 9.5% from CNY 13,163,730.83 in the same period last year[22] - The operating profit for the first quarter of 2025 was CNY 13,660,403.61, a decrease of 10.7% compared to CNY 15,300,498.83 in the first quarter of 2024[22] Cash Flow - The net cash flow from operating activities significantly improved to ¥17,509,066.22, a 1,295.35% increase from a negative cash flow of ¥1,464,759.00 in the same period last year[4] - The cash flow from operating activities for the first quarter of 2025 was CNY 17,509,066.22, a turnaround from a negative cash flow of CNY -1,464,759.00 in the first quarter of 2024[26] - The company reported cash inflows from financing activities of CNY 93,000,080.00 in the first quarter of 2025, compared to CNY 13,000,000.00 in the same period last year[27] - The investment activities resulted in a net cash outflow of CNY -253,754,020.23 in the first quarter of 2025, compared to CNY -159,892,775.18 in the previous year[27] Assets and Liabilities - Total assets increased by 3.38% to ¥1,625,837,920.15 from ¥1,572,693,137.68 at the end of the previous year[5] - Total current assets amounted to RMB 1,015,053,219.77, up from RMB 960,886,131.74 in the previous period, reflecting a growth of 5.93%[16] - Total liabilities increased to RMB 400,845,874.88 from RMB 359,615,643.29, representing a rise of 11.43%[18] - The company's total assets as of March 31, 2025, were RMB 1,625,837,920.15, compared to RMB 1,572,693,137.68, indicating an increase of 3.37%[18] - The equity attributable to shareholders reached RMB 1,222,655,948.67, slightly up from RMB 1,210,724,700.38, showing a growth of 0.33%[18] - Short-term borrowings rose significantly to RMB 108,603,699.69 from RMB 59,042,029.15, marking an increase of 83.96%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,062, with the top ten shareholders holding a combined 63.85% of the shares[10] Research and Development - Research and development expenses increased by 71.41%, indicating a focus on innovation and product development[8] - Research and development expenses increased significantly to CNY 12,939,552.53, up 71.2% from CNY 7,548,823.66 in the previous year[22] Operating Costs - The total operating costs for the first quarter of 2025 were CNY 188,154,372.87, an increase of 9.5% compared to CNY 171,403,798.81 in the first quarter of 2024[22] Inventory and Receivables - Accounts receivable decreased to RMB 348,098,420.65 from RMB 385,469,407.21, a decline of 9.69%[16] - Inventory increased to RMB 190,379,437.99 from RMB 165,935,177.07, reflecting a growth of 14.74%[16] Other Financial Metrics - The company reported a significant increase in contract liabilities by 445.59%, reflecting a rise in advance payments received[8] - Deferred income tax liabilities remained stable at RMB 24,139,489.90 compared to RMB 23,313,519.88, indicating a minor increase of 3.54%[18] - The company's tax expenses for the first quarter of 2025 were CNY 2,076,760.45, down from CNY 2,358,263.19 in the first quarter of 2024[22]