碧兴物联(688671) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥52,826,523.32, representing a 9.24% increase compared to ¥48,359,013.48 in the same period last year[3]. - The net profit attributable to shareholders was -¥10,224,590.66, a significant decline from -¥1,881,386.78 in the previous year[3]. - Net profit for Q1 2025 was a loss of ¥10,178,925.74, compared to a loss of ¥2,066,630.87 in Q1 2024, indicating a significant decline in profitability[15]. - The total comprehensive income attributable to the parent company was -10,224,590.66 RMB, compared to -1,881,386.78 RMB in the previous period, indicating a significant decline[16]. - The weighted average return on equity was -0.93%, down 0.77 percentage points from -0.16% in the previous year[3]. Cash Flow - The net cash flow from operating activities was -¥45,713,095.71, compared to -¥42,139,437.03 in the same period last year[3]. - The net cash flow from operating activities for Q1 2025 was -45,713,095.71 RMB, slightly worse than -42,139,437.03 RMB in Q1 2024[18]. - Cash inflow from operating activities totaled 55,338,346.25 RMB, up from 44,107,416.02 RMB year-over-year[17]. - The net cash flow from investing activities was -217,915,669.90 RMB, a significant decrease from a positive 28,957,514.80 RMB in the same quarter last year[18]. - Cash and cash equivalents at the end of the period were 114,473,906.78 RMB, down from 42,598,352.16 RMB year-over-year[18]. - The company's cash and cash equivalents dropped to ¥275,161,110.71 from ¥540,650,293.28, indicating a liquidity challenge[11]. Research and Development - R&D investment totaled ¥11,077,379.67, an increase of 25.37% from ¥8,835,736.69 in the previous year[3]. - R&D expenses accounted for 20.97% of total revenue, up from 18.27% year-over-year, reflecting a 2.70 percentage point increase[4]. - Research and development expenses for Q1 2025 were ¥11,077,379.67, up 25.4% from ¥8,835,736.69 in Q1 2024, highlighting increased investment in innovation[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,651[7]. - The largest shareholder, Tibet Bihai Venture Capital, holds 25.31% of the shares, totaling 19,875,000 shares[7]. - The total equity attributable to shareholders decreased to ¥1,091,354,379.63 from ¥1,100,787,802.55, indicating a decline in shareholder value[12]. - The company reported a basic and diluted earnings per share of -0.13 RMB, compared to -0.02 RMB in the previous period[16]. Operating Costs and Expenses - Total operating revenue for Q1 2025 reached ¥52,826,523.32, an increase of 9.1% compared to ¥48,359,013.48 in Q1 2024[14]. - Total operating costs for Q1 2025 were ¥68,699,375.65, up 25.7% from ¥54,670,569.11 in Q1 2024[14]. - The company reported a significant increase in sales expenses, which rose to ¥9,059,623.40 from ¥5,637,209.74, reflecting higher marketing efforts[15]. - The company paid 32,996,737.65 RMB in employee compensation, an increase from 29,290,713.91 RMB in the previous year[18]. Asset Management - Total assets at the end of the reporting period were ¥1,349,643,332.54, a decrease of 2.31% from ¥1,381,569,985.29 at the end of the previous year[4]. - The company's total assets as of March 31, 2025, were ¥1,349,643,332.54, a decrease from ¥1,381,569,985.29 as of December 31, 2024[12]. - Current assets totaled ¥1,269,812,006.03, slightly down from ¥1,299,935,843.65 at the end of 2024[11]. - Current liabilities decreased to ¥230,781,107.95 from ¥253,210,145.80, reflecting a reduction in short-term financial obligations[12].