Financial Performance - The company's operating revenue for Q1 2025 was CNY 26,389,855.62, representing a 202.25% increase compared to CNY 8,731,062.51 in the same period last year[4] - The net profit attributable to shareholders was a loss of CNY 13,746,001.57, compared to a loss of CNY 12,053,307.83 in the previous year, indicating a worsening performance[4] - The basic and diluted earnings per share were both negative CNY 0.21, compared to negative CNY 0.18 in the same period last year[4] - Total operating revenue for Q1 2025 reached ¥26,389,855.62, a significant increase of 202.5% compared to ¥8,731,062.51 in Q1 2024[17] - Net profit for Q1 2025 was a loss of ¥13,746,001.57, compared to a loss of ¥12,053,307.83 in Q1 2024, indicating a worsening performance[19] - Basic and diluted earnings per share for Q1 2025 were both -¥0.21, compared to -¥0.18 in Q1 2024[19] Cash Flow - The net cash flow from operating activities was a negative CNY 14,698,141.56, slightly worse than the negative CNY 14,041,515.02 recorded in the same period last year[4] - Cash inflow from operating activities in Q1 2025 was ¥88,672,511.15, an increase from ¥64,387,364.90 in Q1 2024[21] - The net cash flow from investment activities was $14.7 million, a significant decrease from $114.2 million in the previous period[22] - Cash inflow from financing activities was $19.5 million, compared to $30.0 million in the prior year, representing a decline of about 35%[22] - The net cash flow from financing activities increased to $18.0 million from $13.8 million, showing an improvement of approximately 31%[22] - Total cash outflow from operating activities was $103.4 million, compared to $78.4 million in the previous year, marking an increase of approximately 32%[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,261,782,576.51, down 1.95% from CNY 1,286,935,669.72 at the end of the previous year[5] - The company's current assets totaled RMB 658,269,375.17, down from RMB 698,271,754.79, indicating a decrease of about 5.73%[14] - The company's total liabilities were RMB 259,531,434.26, down from RMB 271,245,030.15, showing a reduction of approximately 4.32%[15] - The total equity attributable to shareholders of the parent company was ¥1,002,251,142.25 as of the end of Q1 2025, down from ¥1,015,690,639.57 at the end of Q1 2024[16] - The total liabilities and equity amounted to ¥1,261,782,576.51 in Q1 2025, compared to ¥1,286,935,669.72 in Q1 2024[16] Research and Development - Research and development (R&D) expenses totaled CNY 15,072,361.15, which accounted for 57.11% of operating revenue, a decrease of 104.37 percentage points from the previous year[5][8] - Research and development expenses for Q1 2025 were ¥15,072,361.15, slightly up from ¥14,099,102.97 in Q1 2024[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,387[10] - The largest shareholder, Jiang Mingwu, holds 20.44% of the shares, totaling 13,492,554 shares[10] Other Income and Expenses - The company recognized non-recurring gains of CNY 1,228,500.96 during the reporting period, primarily from government subsidies and other non-operating income[7] - Other income for Q1 2025 was ¥4,232,884.64, an increase from ¥2,674,415.97 in Q1 2024[17] - The company reported a credit impairment loss of ¥3,844,023.03 in Q1 2025, compared to ¥2,851,379.32 in Q1 2024[18] Inventory and Investments - Inventory decreased slightly to RMB 96,414,818.70 from RMB 97,619,061.33, a reduction of about 1.24%[14] - Cash paid for investments was $60.0 million, significantly higher than $2.3 million in the previous period, indicating a substantial increase in investment activity[22]
光格科技(688450) - 2025 Q1 - 季度财报