音飞储存(603066) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 219,633,232.19, representing a 1.14% increase compared to CNY 217,152,096.37 in the same period last year[4] - Net profit attributable to shareholders was CNY 32,526,470.11, reflecting a 10.25% increase from CNY 29,502,404.62 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 30,299,556.47, up by 8.51% from CNY 27,923,464.55 in the previous year[4] - Basic and diluted earnings per share were both CNY 0.1106, marking a 10.27% increase from CNY 0.1003 in the previous year[4] - The weighted average return on equity increased to 2.32%, up by 0.24 percentage points from 2.08% year-on-year[4] - Total operating revenue for Q1 2025 reached ¥219,633,232.19, a slight increase of 1.1% compared to ¥217,152,096.37 in Q1 2024[16] - Net profit for Q1 2025 was ¥32,519,954.32, representing a 10.3% increase from ¥29,494,582.62 in Q1 2024[17] - Basic and diluted earnings per share for Q1 2025 were both ¥0.1106, up from ¥0.1003 in Q1 2024[19] - The company reported a total comprehensive income of ¥32,480,630.05 for Q1 2025, compared to ¥26,167,292.09 in Q1 2024, reflecting a growth of 24.5%[17] Cash Flow and Assets - The net cash flow from operating activities was CNY 20,447,973.48, a significant improvement from a negative cash flow of CNY -11,887,521.08 in the same period last year[4] - The company's cash and cash equivalents decreased to CNY 233,578,656.30 from CNY 318,169,624.78, reflecting a decline of approximately 26.5%[12] - The net cash flow from investment activities was -$102.33 million, compared to -$14.39 million in the previous period, indicating a significant increase in cash outflow[21] - Total cash inflow from financing activities was $2.87 million, while cash outflow was $4.49 million, resulting in a net cash flow of -$1.62 million[21] - The ending balance of cash and cash equivalents was $228.48 million, down from $311.85 million at the beginning of the period[21] - Cash flow from operating activities was not detailed in the provided content, but the overall cash and cash equivalents decreased by $83.37 million during the period[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,040,060,592.79, a decrease of 0.49% from CNY 3,055,074,107.38 at the end of the previous year[5] - Shareholders' equity attributable to the parent company increased to CNY 1,420,149,076.10, reflecting a 2.34% rise from CNY 1,387,661,930.26 at the end of the last year[5] - Total liabilities decreased to CNY 1,613,146,866.94 from CNY 1,660,641,011.58, a reduction of about 2.9%[14] - The company's total equity rose to CNY 1,426,913,725.85 from CNY 1,394,433,095.80, reflecting an increase of approximately 2.3%[14] - As of March 31, 2025, the total current assets amounted to CNY 2,169,040,169.35, a slight decrease from CNY 2,179,785,568.21 as of December 31, 2024[12] - Accounts receivable stood at CNY 707,322,487.87, down from CNY 765,507,111.84, indicating a decrease of about 7.6%[12] - Inventory increased to CNY 831,509,225.05 from CNY 762,192,420.05, representing a growth of approximately 9.1%[12] - The company reported a decrease in short-term borrowings to CNY 1,818,897.53, indicating a focus on reducing debt levels[14] Non-Recurring Gains and Other Income - The company recognized non-recurring gains of CNY 2,226,913.64 during the reporting period, with government subsidies contributing CNY 1,374,857.78[6][7] - The increase in net profit was primarily due to tax incentives and software rebates, which positively impacted the financial results compared to the previous year[8] - Sales expenses decreased to ¥8,398,986.59, down 31.5% from ¥12,296,478.54 in the previous year[16] - Research and development expenses were ¥7,897,815.14, a decrease of 10.9% from ¥8,865,634.46 in Q1 2024[16] - Other income increased to ¥8,276,110.67, up 35.0% from ¥6,130,811.07 in the same quarter last year[16] - Investment income for Q1 2025 was ¥745,849.02, a significant recovery from a loss of ¥1,311,069.69 in Q1 2024[16] Financial Stability and Management - The company maintained a stable capital structure with a paid-in capital of CNY 294,180,074.00, unchanged from the previous period[14] - The company did not apply new accounting standards starting from 2025, indicating stability in financial reporting practices[21] - The cash outflow for the payment of debts was $2.05 million, reflecting the company's debt management strategy[21] - The company disposed of fixed and intangible assets, recovering a net cash amount of $650,000[21] - The impact of exchange rate changes on cash and cash equivalents was a positive $129,069.40[21]