上海贝岭(600171) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 468,844,738.60, representing a year-on-year increase of 6.01% compared to CNY 442,285,470.96 in the same period last year[5] - Net profit attributable to shareholders was CNY 38,385,656.50, up 4.03% from CNY 36,899,126.57 in the previous year[5] - The basic and diluted earnings per share were both CNY 0.054, reflecting a 3.85% increase from CNY 0.052 in the same period last year[5] - Total operating revenue for Q1 2025 reached ¥468,844,738.60, an increase of 6.3% compared to ¥442,285,470.96 in Q1 2024[20] - Net profit for Q1 2025 was ¥38,385,656.50, representing a 4.0% increase from ¥36,899,126.57 in Q1 2024[21] - The basic earnings per share for Q1 2025 was ¥0.054, up from ¥0.052 in Q1 2024[22] Profitability and Expenses - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 56.35%, amounting to CNY 15,391,770.18, primarily due to increased R&D expenditures[8] - Total operating costs for Q1 2025 were ¥461,463,297.33, up 9.1% from ¥423,036,319.27 in Q1 2024[20] - Research and development expenses in Q1 2025 amounted to ¥96,384,239.68, a rise of 17.5% from ¥81,721,465.64 in Q1 2024[20] - The company reported a financial expense of -¥6,740,320.26 in Q1 2025, a slight improvement from -¥7,177,086.41 in Q1 2024[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,141,545,765.91, down 2.68% from CNY 5,283,324,910.93 at the end of the previous year[6] - Current assets totaled CNY 3,280,926,903.13, down from CNY 3,423,142,187.93 in the previous period[15] - Total liabilities decreased to ¥693,867,680.73 in Q1 2025 from ¥874,032,482.25 in Q1 2024, reflecting a reduction of approximately 20.6%[18] - The deferred income tax liabilities remained stable at ¥79,723,441.59 in Q1 2025, compared to ¥79,886,972.16 in Q1 2024[18] Shareholder Information - The total equity attributable to shareholders was CNY 4,447,678,085.18, an increase of 0.87% from CNY 4,409,292,428.68 at the end of the previous year[6] - The total number of ordinary shareholders at the end of the reporting period was 247,191[10] - The largest shareholder, Huada Semiconductor Co., Ltd., held 178,200,000 shares, accounting for 25.14% of the total shares[10] - The company reported a significant shareholder structure, with the largest shareholder holding 178,200,000 shares, representing a substantial portion of the total equity[12] Cash Flow and Investments - Cash inflow from operating activities in Q1 2025 was ¥662,936,821.51, compared to ¥468,107,548.22 in Q1 2024, indicating a significant increase[25] - Net cash flow from operating activities was -$92.09 million, compared to -$59.56 million in the previous period, indicating a decline in operational cash generation[26] - Total cash outflow from operating activities amounted to $755.02 million, up from $527.67 million year-over-year[26] - Net cash flow from investing activities was $49.77 million, a decrease from $128.85 million in the prior period[26] - Cash inflow from investment activities totaled $81.45 million, down from $143.44 million year-over-year[26] - Cash outflow from investment activities increased to $31.69 million from $14.59 million in the previous period[26] - Net cash flow from financing activities was -$3.93 million, compared to -$2.81 million in the prior period[27] Other Financial Metrics - The weighted average return on net assets was 0.87%, a decrease of 0.03 percentage points from 0.90%[6] - Non-recurring gains and losses totaled CNY 22,993,886.32, with significant contributions from government subsidies and asset disposals[8] - Cash and cash equivalents were reported at CNY 1,094,132,648.66, compared to CNY 1,166,379,506.29 at the end of 2024, indicating a decrease of approximately 6.2%[14] - Accounts receivable decreased to CNY 527,310,880.69 from CNY 736,414,099.32, reflecting a decline of about 28.4%[15] - Inventory increased to CNY 935,879,129.45 from CNY 816,895,022.35, representing an increase of approximately 14.5%[15] - Non-current assets remained stable at CNY 1,860,618,862.78, slightly up from CNY 1,860,182,723.00[15] Corporate Governance - The company has not identified any related party transactions among the top shareholders, ensuring transparency in ownership[12] - The company has not engaged in any securities lending or borrowing activities during the reporting period[12] - There are no significant changes in the operational strategies or future outlook mentioned in the conference call[13] - The company plans to implement new accounting standards starting in 2025, which may affect financial reporting[27]