AURORA(SH:600666)2025-04-25 09:35Financial Performance - The company's operating revenue for Q1 2025 was ¥98,383,753.85, representing a year-on-year increase of 12.74% compared to ¥87,265,864.09 in the same period last year[3] - The net profit attributable to shareholders of the listed company was -¥8,332,041.48, an improvement from -¥16,052,986.58 in the previous year, indicating a reduction in losses[3] - The net cash flow from operating activities improved significantly, with a net cash flow of -¥3,730,472.81, compared to -¥97,426,875.10 in the same period last year[3] - The basic and diluted earnings per share were both -¥0.0031, an improvement from -¥0.0058 in the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥10,016,332.27, compared to -¥20,333,000.20 in the previous year, indicating a reduction in losses[3] - The weighted average return on net assets was -0.9981%, an improvement from -1.5300% in the previous year[3] - Total operating revenue for Q1 2025 was CNY 98,383,753.85, an increase of 12.9% compared to CNY 87,265,864.09 in Q1 2024[19] - Net loss for Q1 2025 was CNY 9,704,723.55, an improvement from a net loss of CNY 17,364,554.61 in Q1 2024[20] - The company reported an operating loss of CNY 9,771,789.13 for Q1 2025, an improvement from an operating loss of CNY 17,465,910.34 in Q1 2024[19] - The total comprehensive loss for Q1 2025 was CNY 9,704,723.55, compared to a comprehensive loss of CNY 17,364,554.61 in Q1 2024[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,761,496,578.21, a decrease of 3.29% from ¥1,821,394,514.16 at the end of the previous year[4] - As of March 31, 2025, total assets amounted to RMB 1,761,496,578.21, a decrease from RMB 1,821,394,514.16 as of December 31, 2024[12] - Current assets totaled RMB 475,767,517.98, down from RMB 542,599,042.82 in the previous period[13] - The company's total liabilities decreased to CNY 921,190,024.35 from CNY 971,383,236.75, a reduction of 5.2%[16] - The total equity attributable to shareholders decreased to CNY 830,613,132.16 from CNY 838,945,173.64, a decline of 1.5%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 95,503[7] - The top shareholder, Qingdao Zhican Information Industry Development Partnership, held 359,781,840 shares, accounting for 13.02% of the total shares[8] Revenue Structure - The revenue structure has significantly optimized, with the comprehensive computing service business revenue accounting for 56.79%, surpassing the sapphire business for the first time, becoming the core revenue pillar of the company[10] Cash Flow and Investment Activities - The company’s cash flow from operating activities remains a focus for future improvement as it seeks to enhance financial stability[19] - In Q1 2025, the cash inflow from operating activities was CNY 68,309,548.82, a decrease of 38.2% compared to CNY 110,406,695.51 in Q1 2024[21] - The cash outflow from operating activities totaled CNY 72,040,021.63, down from CNY 207,833,570.61 in the same period last year, resulting in a net cash flow from operating activities of CNY -3,730,472.81[21] - Investment activities generated a net cash flow of CNY -28,631,382.04, compared to a positive cash flow of CNY 24,854,891.10 in Q1 2024[22] - The company’s cash flow from investment activities included CNY 20,631,382.04 spent on fixed assets, a significant increase from CNY 4,545,108.90 in Q1 2024[22] - The company’s cash flow from financing activities included CNY 10,000,000.00 in debt repayment, marking a new financial strategy to manage liabilities[22] Research and Development - Research and development expenses increased to CNY 6,670,575.53 in Q1 2025, compared to CNY 4,072,556.18 in Q1 2024, reflecting a 63.8% increase[19] - The management plans to continue investing in R&D to drive innovation and market expansion in upcoming quarters[19]