GACO(600523)2025-04-25 09:30Financial Performance - The company's operating revenue for Q1 2025 was ¥591,795,127.74, representing an increase of 8.77% compared to ¥544,088,814.65 in the same period last year[4] - Net profit attributable to shareholders was ¥38,436,642.45, up 4.66% from ¥36,726,766.70 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥29,458,980.17, reflecting a growth of 10.37% compared to ¥26,691,930.67 in the previous year[4] - The basic earnings per share increased to ¥0.10, an 11.11% rise from ¥0.09 in the same period last year[4] - Net profit for Q1 2025 was ¥39,767,768.06, representing a 5.1% increase from ¥37,849,960.71 in Q1 2024[18] - Operating profit for Q1 2025 was ¥47,719,395.48, compared to ¥45,414,524.54 in Q1 2024, indicating a growth of 5.1%[17] - Total comprehensive income for Q1 2025 was ¥39,767,768.06, compared to ¥37,849,960.71 in Q1 2024, reflecting a growth of 5.1%[18] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,094,415,199.45, a decrease of 1.99% from ¥4,177,549,991.70 at the end of the previous year[5] - As of March 31, 2025, the total current assets amounted to RMB 2,243,653,782.57, a decrease of 4.7% from RMB 2,354,747,603.76 on December 31, 2024[12] - The company's cash and cash equivalents decreased to RMB 422,878,486.68 from RMB 475,421,324.23, reflecting a decline of 11.0%[12] - Accounts receivable decreased to RMB 1,160,816,838.77 from RMB 1,258,290,719.31, a reduction of 7.7%[12] - The total non-current assets increased to RMB 1,850,761,416.88 from RMB 1,822,802,387.94, showing a growth of 1.6%[13] - Current liabilities decreased to RMB 855,256,768.17 from RMB 978,454,219.56, a reduction of 12.6%[14] - Total liabilities decreased to RMB 922,863,306.23 from RMB 1,046,682,565.52, reflecting a decline of 11.8%[15] - The total equity increased to RMB 3,171,551,893.22 from RMB 3,130,867,426.18, an increase of 1.3%[15] - The company's retained earnings rose to RMB 1,509,482,055.34 from RMB 1,471,045,412.89, an increase of 2.5%[15] Cash Flow - The net cash flow from operating activities improved to -¥18,868,217.77, significantly better than -¥73,418,169.94 in the same period last year[4] - Cash flow from operating activities in Q1 2025 was negative at -¥18,868,217.77, an improvement from -¥73,418,169.94 in Q1 2024[20] - Cash and cash equivalents at the end of Q1 2025 totaled ¥386,968,846.04, down from ¥421,741,543.43 at the end of Q1 2024[21] Costs and Expenses - Total operating costs for Q1 2025 were ¥556,541,669.42, up from ¥513,854,071.70 in Q1 2024, reflecting a 8.3% increase[17] - Research and development expenses for Q1 2025 amounted to ¥30,945,202.44, an increase from ¥28,523,208.80 in Q1 2024, showing a growth of 8.5%[17] - The company reported a decrease in financial expenses, with a net financial income of -¥3,905,997.99 in Q1 2025 compared to -¥2,023,867.37 in Q1 2024[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,802[8] - Shareholders' equity attributable to shareholders was ¥3,105,610,945.25, which is a 1.28% increase from ¥3,066,267,171.30 at the end of the last year[5] Non-Recurring Items - The company received government subsidies amounting to ¥3,363,593.09, which are closely related to its normal business operations[6] - The total non-recurring gains and losses amounted to ¥8,977,662.28 after tax adjustments[6]