CZTL(SH:603158)2025-04-25 08:25Financial Performance - The company's operating revenue for Q1 2025 was CNY 863,931,988.19, representing a year-on-year increase of 0.66% compared to CNY 858,301,007.68 in the same period last year[4] - Net profit attributable to shareholders decreased by 20.12% to CNY 45,279,716.41 from CNY 56,681,449.33 in the previous year[4] - Basic and diluted earnings per share decreased by 25.00% to CNY 0.09 from CNY 0.12 in the previous year[4] - The net profit for the first quarter of 2025 was CNY 50,409,178.69, a decrease of 23.5% compared to CNY 65,960,273.18 in the first quarter of 2024[18] - The operating profit for the first quarter of 2025 was CNY 60,880,121.24, down 22.8% from CNY 79,037,147.46 in the first quarter of 2024[18] - The total revenue from operating activities in Q1 2025 was CNY 649,235,502.56, down 8.2% from CNY 707,817,482.63 in Q1 2024[20] Cash Flow and Assets - The net cash flow from operating activities fell by 31.01% to CNY 49,288,933.32, down from CNY 71,444,992.00 in the same period last year[4] - The cash and cash equivalents at the end of Q1 2025 amounted to CNY 330,229,500.78, a decrease from CNY 337,435,783.85 at the end of Q1 2024[21] - The company experienced a net cash outflow of CNY 2,800,246.05 from financing activities in Q1 2025, compared to a net inflow of CNY 77,764,406.66 in Q1 2024[21] - The investment activities generated a net cash outflow of CNY 856,467.82 in Q1 2025, compared to a net outflow of CNY 77,300,645.10 in Q1 2024[21] - The company's cash and cash equivalents rose to ¥408,829,726.38 as of March 31, 2025, from ¥385,810,758.78 on December 31, 2024, an increase of 5.3%[12] - Accounts receivable decreased to ¥940,025,000.49 as of March 31, 2025, down from ¥1,109,424,732.53 on December 31, 2024, a decline of 15.3%[12] - Total current assets amounted to ¥2,763,244,794.11 as of March 31, 2025, a decrease of 6.5% from ¥2,954,584,364.20 on December 31, 2024[13] - Total liabilities decreased to ¥2,030,178,813.12 as of March 31, 2025, down from ¥2,270,986,265.90 on December 31, 2024, a reduction of 10.6%[14] - The company's total assets were ¥4,589,636,044.95 as of March 31, 2025, compared to ¥4,762,103,949.59 on December 31, 2024, a decrease of 3.6%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,182[9] - The largest shareholder, Tenglong Technology Group Co., Ltd., held 27.26% of the shares, amounting to 133,768,236 shares[9] Research and Development - Research and development expenses increased to ¥45,821,451.57 in Q1 2025, compared to ¥36,262,674.45 in Q1 2024, reflecting a growth of 26.4%[17] - The decline in net profit and earnings per share was primarily attributed to a decrease in product gross margin during the reporting period[7] - The company is focusing on expanding its market presence and enhancing its product offerings through increased R&D investment[17] Other Financial Metrics - The weighted average return on equity decreased by 0.66 percentage points to 2.00% from 2.66% in the previous year[4] - The company reported non-recurring gains and losses totaling CNY 3,194,003.47 for the period[6] - The company recorded a foreign exchange gain of CNY 6,010,768.13 in Q1 2025, contrasting with a loss of CNY 2,749,328.70 in Q1 2024[21] - Total operating costs for Q1 2025 were ¥807,989,337.92, up 5.83% from ¥766,758,922.89 in Q1 2024[17] - The company reported a total comprehensive income of CNY 66,902,422.19 for the first quarter of 2025, an increase from CNY 56,760,905.88 in the same period last year[18]