兆易创新(603986) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,909,062,290.61, representing a 17.32% increase compared to CNY 1,627,269,967.75 in the same period last year[3]. - Net profit attributable to shareholders for Q1 2025 was CNY 234,630,087.42, up 14.57% from CNY 204,785,920.62 year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 21.83%, reaching CNY 223,856,594.91 compared to CNY 183,748,478.85 in the previous year[3]. - Basic and diluted earnings per share for Q1 2025 were both CNY 0.35, reflecting a 12.90% increase from CNY 0.31 in the previous year[3]. - Total operating revenue for Q1 2025 reached ¥1,909,062,290.61, a 17.3% increase from ¥1,627,269,967.75 in Q1 2024[18]. - Net profit for Q1 2025 was ¥239,724,954.38, up 17.0% compared to ¥204,785,920.62 in Q1 2024[19]. - Operating profit for Q1 2025 was ¥233,950,165.81, reflecting a 15.4% increase from ¥202,733,564.85 in Q1 2024[18]. - Total comprehensive income for Q1 2025 was ¥261,906,716.84, compared to ¥153,517,947.34 in Q1 2024[19]. Cash Flow and Assets - The net cash flow from operating activities decreased by 46.48%, amounting to CNY 335,849,288.78, down from CNY 627,484,517.11 in the same period last year[3]. - Cash flow from operating activities for Q1 2025 was ¥335,849,288.78, down 46.5% from ¥627,484,517.11 in Q1 2024[22]. - Cash and cash equivalents increased to RMB 9,409,157,588.34 from RMB 9,128,009,982.71, representing a growth of approximately 3.08%[13][15]. - Cash and cash equivalents at the end of Q1 2025 totaled ¥9,378,936,591.26, up from ¥7,968,295,424.29 at the end of Q1 2024[23]. - The company's current assets totaled RMB 12,938,032,077.31, up from RMB 12,434,796,197.05, indicating an increase of about 4.05%[13][15]. - The company's total liabilities decreased to RMB 2,484,221,900.42 from RMB 2,550,053,927.35, a reduction of about 2.58%[15]. - The company's total liabilities to total assets ratio improved slightly, reflecting a more favorable financial position[15]. Shareholder Information - The company had a total of 145,963 common shareholders at the end of the reporting period[8]. - The total equity attributable to shareholders rose to RMB 16,796,135,245.85 from RMB 16,498,507,838.97, marking an increase of approximately 1.81%[15]. Non-Recurring Gains and Losses - The company reported a total of CNY 10,773,492.51 in non-recurring gains and losses for the period, primarily from government subsidies and financial asset management[5]. - The increase in net profit was attributed to a rise in operating revenue driven by national stimulus measures and increased demand in the storage and computing sectors[5]. Inventory and Receivables - The company's inventory increased to RMB 2,458,765,844.84 from RMB 2,346,367,580.17, reflecting a growth of about 4.78%[13][15]. - The accounts receivable rose to RMB 246,444,155.97 from RMB 212,015,844.83, indicating an increase of approximately 16.2%[13][15]. Borrowings and Investments - The company's short-term borrowings increased to RMB 969,854,648.81 from RMB 898,220,897.71, representing a growth of about 7.99%[15]. - Investment activities generated a net cash outflow of ¥122,800,507.38 in Q1 2025, compared to a net outflow of ¥138,916,472.46 in Q1 2024[23]. Research and Development - The company incurred research and development expenses of ¥291,587,215.90 in Q1 2025, slightly up from ¥286,763,719.13 in Q1 2024[18].