Smartgiant(SH:688115)2025-04-25 09:50Financial Performance - The company's operating revenue for Q1 2025 was ¥31,710,954.27, representing a 20.83% increase compared to ¥26,243,560.85 in the same period last year[3]. - The net profit attributable to shareholders was -¥12,541,274.58, a decrease of 546.94% from a profit of ¥2,806,035.56 in the previous year[3]. - Total operating revenue for Q1 2025 reached ¥31,710,954.27, a 20.5% increase from ¥26,243,560.85 in Q1 2024[15]. - Net profit for Q1 2025 was a loss of ¥12,541,274.58, compared to a profit of ¥2,806,035.56 in Q1 2024[16]. - The company reported a total comprehensive loss of ¥12,538,571.68 in Q1 2025, compared to a comprehensive income of ¥2,805,459.60 in Q1 2024[16]. Cash Flow and Assets - The net cash flow from operating activities was ¥7,385,690.84, a significant improvement from -¥10,799,735.21 in the same period last year[3]. - Cash flow from operating activities generated a net inflow of ¥7,385,690.84 in Q1 2025, contrasting with a net outflow of ¥10,799,735.21 in Q1 2024[18]. - Cash and cash equivalents decreased to CNY 625,007,416.36 from CNY 820,957,686.09, representing a decline of about 23.9%[11]. - Cash and cash equivalents at the end of Q1 2025 totaled ¥622,438,926.36, down from ¥909,183,442.94 at the end of Q1 2024[19]. - The company's current assets totaled CNY 1,081,377,564.08, down from CNY 1,104,629,429.94 in the previous period, indicating a decrease of approximately 2.4%[11]. Expenses and Liabilities - Research and development expenses totaled ¥14,169,628.05, accounting for 44.68% of operating revenue, a slight decrease of 0.46 percentage points from 45.14%[3]. - Total operating costs increased to ¥46,308,457.10 in Q1 2025, up 30.4% from ¥35,537,854.94 in Q1 2024[15]. - Research and development expenses for Q1 2025 were ¥14,169,628.05, an increase of 19.5% from ¥11,845,032.38 in Q1 2024[15]. - The company's total liabilities decreased to CNY 114,226,860.12 from CNY 124,476,625.25, reflecting a reduction of approximately 8.1%[13]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,792[8]. - The top shareholder, Zhou Maolin, holds 15,727,700 shares, representing 23.59% of the total shares[8]. Asset Changes - The total assets at the end of the reporting period were ¥1,374,436,713.25, a decrease of 1.04% from ¥1,388,824,565.76 at the end of the previous year[3]. - As of March 31, 2025, the total assets of the company amounted to CNY 1,374,436,713.25, a slight decrease from CNY 1,388,824,565.76 at the end of 2024[11]. - The total equity attributable to shareholders was CNY 1,260,209,853.13, slightly down from CNY 1,264,347,940.51, indicating a decrease of about 0.3%[13]. - The company reported a total of CNY 190,000,000.00 in trading financial assets as of March 31, 2025, significantly up from CNY 30,250,000.00 previously, marking an increase of 528.9%[11]. - The inventory increased to CNY 61,896,001.15 from CNY 48,391,587.34, which is an increase of approximately 28.0%[12]. - The company’s accounts receivable slightly increased to CNY 192,446,224.45 from CNY 190,601,345.62, reflecting a growth of about 1.0%[11]. Other Information - The company reported non-recurring gains and losses totaling ¥530,520.34 for the period[5]. - The company has not reported any changes in the participation of major shareholders in financing or securities lending activities[10]. - There are no significant new strategies or product developments mentioned in the current report[10].