JXPCB(SH:688655)2025-04-25 09:35Financial Performance - The company's operating revenue for Q1 2025 was CNY 123,530,947.47, representing a 21.42% increase compared to CNY 101,736,786.98 in the same period last year[4] - The net profit attributable to shareholders was a loss of CNY 4,854,681.90, worsening from a loss of CNY 1,259,405.20 year-over-year[4] - The net loss for Q1 2025 was ¥4,854,681.90, compared to a net loss of ¥1,259,405.20 in Q1 2024, indicating a significant increase in losses[18] - The operating profit for Q1 2025 was reported at -¥4,920,502.45, worsening from -¥1,279,597.52 in Q1 2024[16] - The total profit before tax for Q1 2025 was a loss of CNY 380.71 million, compared to a profit of CNY 4.15 million in Q1 2024[26] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 9,127,304.82, a decline of 271.66% compared to a positive cash flow of CNY 5,316,992.52 in the previous year[4] - In Q1 2025, the company reported cash inflows from operating activities of CNY 114,696,872.14, a slight increase from CNY 111,801,908.12 in Q1 2024, representing a growth of approximately 2.5%[20] - The net cash outflow from operating activities in Q1 2025 was CNY -9,127,304.82, compared to a positive cash flow of CNY 5,316,992.52 in Q1 2024, indicating a significant decline in operational cash generation[20] - The company's cash and cash equivalents at the end of Q1 2025 stood at CNY 129,299,208.67, down from CNY 172,538,052.98 at the end of Q1 2024, a decrease of approximately 25.1%[21] Assets and Liabilities - Total assets increased by 2.06% to CNY 1,165,077,461.71 from CNY 1,141,545,587.01 at the end of the previous year[5] - The total liabilities increased to RMB 420,450,349.71, up from RMB 396,305,701.93, indicating a growth of about 6.5%[14] - The company's total liabilities increased to CNY 285,558,115.15 as of March 31, 2025, compared to CNY 255,817,228.30 at the end of 2024, indicating a rise of approximately 11.6%[24] - The total equity attributable to shareholders decreased to ¥677,173,804.13 in Q1 2025 from ¥680,313,768.37 in Q1 2024[15] Research and Development - Research and development expenses totaled CNY 7,863,984.32, accounting for 6.37% of operating revenue, down from 8.18% in the previous year[5] - Research and development expenses for Q1 2025 amounted to ¥7,863,984.32, slightly down from ¥8,322,407.48 in Q1 2024[16] - Research and development expenses decreased to CNY 3.65 million in Q1 2025 from CNY 4.04 million in Q1 2024, reflecting a 9.66% reduction[25] Employee Compensation and Costs - The company reported a significant increase in employee compensation payments, totaling CNY 34,829,284.75 in Q1 2025, compared to CNY 28,492,809.43 in Q1 2024, representing a rise of approximately 22.4%[20] - The company incurred a total operating cost of CNY 73.20 million in Q1 2025, up from CNY 70.12 million in Q1 2024, representing a 4.00% increase[25] Financing Activities - Cash inflows from financing activities in Q1 2025 totaled CNY 58,364,616.31, up from CNY 30,000,000.00 in Q1 2024, marking an increase of 94.5%[21] - The company raised CNY 51.50 million through borrowings in Q1 2025, compared to CNY 30.00 million in Q1 2024, indicating increased financing activity[28] Other Notable Points - The company incurred non-recurring losses of CNY 518,894.63 during the reporting period[8] - The company is in the preparation phase for the new Zhuhai smart model factory, which has led to increased labor costs of CNY 3.59 million[8] - The company has not reported any significant changes in shareholder relationships or actions during the reporting period[12] - Future outlook and guidance were not explicitly detailed in the provided documents, indicating a need for further clarification in upcoming communications[17]