TENGEN(SH:605066)2025-04-25 09:50Financial Performance - The company's operating revenue for Q1 2025 was CNY 674,850,942.47, representing a year-on-year increase of 1.04% compared to CNY 667,878,226.18 in the same period last year[4]. - Net profit attributable to shareholders was CNY 34,165,097.30, an increase of 18.06% from CNY 28,938,069.46 in the previous year[4]. - Operating profit for Q1 2025 reached ¥34,102,724.51, up 4.88% from ¥31,615,857.39 in Q1 2024[18]. - Net profit for Q1 2025 was ¥34,165,097.30, representing a 17.00% increase from ¥28,938,069.46 in Q1 2024[18]. - The comprehensive income for Q1 2025 was ¥34,124,572.81, an increase from ¥28,990,657.70 in Q1 2024[19]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to CNY 28,551,848.47, compared to a negative cash flow of CNY -5,377,926.85 in the same period last year[4]. - Cash flow from operating activities generated a net amount of ¥28,551,848.47 in Q1 2025, recovering from a negative cash flow of ¥5,377,926.85 in Q1 2024[21]. - Cash and cash equivalents rose to RMB 778,563,886.50 from RMB 725,295,587.36, reflecting an increase of approximately 7.3%[12]. - Cash and cash equivalents at the end of Q1 2025 totaled ¥704,206,339.57, compared to ¥684,699,853.04 at the end of Q1 2024[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,125,699,279.69, a decrease of 1.29% from CNY 3,166,610,825.26 at the end of the previous year[5]. - The company's current assets totaled RMB 2,213,007,183.11, slightly down from RMB 2,245,897,738.18 at the end of 2024, indicating a decrease of about 1.5%[12]. - The total liabilities decreased to RMB 1,284,221,254.40 from RMB 1,359,737,550.11, representing a reduction of approximately 5.5%[14]. - The company reported a decrease in short-term borrowings, with total current liabilities amounting to RMB 1,195,884,789.88, down from RMB 1,270,257,544.09, a reduction of about 5.8%[13]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 56,869[8]. - The top shareholder, Tianzheng Group Co., Ltd., holds 24.46% of the shares, totaling 123,933,700 shares[9]. - There are no significant changes in the shareholding structure or related party transactions among the top shareholders[10]. Operational Efficiency - The weighted average return on equity increased by 0.30 percentage points to 1.87% from 1.57% year-on-year[4]. - Research and development expenses for Q1 2025 were ¥31,352,420.41, slightly down from ¥32,854,881.43 in Q1 2024[17]. - Total operating costs for Q1 2025 were ¥638,264,298.02, a marginal increase of 0.14% from ¥637,360,575.25 in Q1 2024[17]. - The company reported a decrease in sales expenses to ¥63,843,985.13 in Q1 2025 from ¥71,272,602.04 in Q1 2024, indicating a cost control strategy[17]. - The company achieved an investment income of ¥541,571.76 in Q1 2025, recovering from a loss of ¥896,355.77 in Q1 2024[18]. Non-Recurring Items - Non-recurring gains and losses totaled CNY 2,435,761.34 after tax, with significant contributions from government subsidies and other non-operating income[7]. - The company reported a 52.43% decrease in trading financial assets, primarily due to the redemption of certain derivative financial instruments[7]. Market and Product Development - The company has not reported any significant new product developments or market expansions during the reporting period[11].