Financial Performance - Net profit attributable to shareholders for Q1 2025 was CNY 15,695,141.28, representing a 33.43% increase year-over-year[11] - Operating revenue for Q1 2025 reached CNY 61,611,033.61, up 16.20% from the same period last year[11] - The net profit for Q1 2025 reached CNY 15,695,141.28, an increase of 33.5% compared to CNY 11,762,872.66 in Q1 2024[38] - Total comprehensive income for Q1 2025 was CNY 15,656,722.52, compared to CNY 11,600,177.98 in Q1 2024, an increase of 35.5%[40] - The total profit for Q1 2025 was CNY 18,512,620.20, up from CNY 13,863,714.39 in Q1 2024, representing a growth of 33.5%[38] - Basic and diluted earnings per share for Q1 2025 were CNY 0.1148, up from CNY 0.0860 in Q1 2024, representing a growth of 33.1%[39] Assets and Liabilities - Total assets as of March 31, 2025, were CNY 630,939,257.11, a decrease of 2.37% compared to the end of 2024[11] - The company's total liabilities to assets ratio decreased to 31.35% from 35.41% year-over-year[11] - Total liabilities decreased to 197,817,213.03 from 228,855,959.95, indicating a reduction of 13.6%[33] - Shareholders' equity increased to 433,122,044.08 as of March 31, 2025, compared to 417,426,902.80 at the end of 2024, reflecting a growth of 3.4%[33] - The total current assets amount to 525,611,964.69 yuan, compared to 545,635,031.78 yuan at the end of 2024, indicating a decrease[31] Cash Flow - The company's net cash flow from operating activities was CNY -6,927,037.03, a decline of 136.90% compared to the previous year[11] - Cash inflow from operating activities in Q1 2025 was CNY 73,996,249.16, down from CNY 85,688,193.10 in Q1 2024, indicating a decrease of 13.6%[41] - The cash inflow from operating activities decreased to 73,437,795.99 CNY in Q1 2025, down from 81,674,744.03 CNY in Q1 2024, showing a reduction in sales and services revenue[43] - The cash flow from investment activities resulted in a net outflow of -16,941,851.00 CNY in Q1 2025, compared to -454,701.00 CNY in Q1 2024, indicating increased investment expenditures[44] - The net increase in cash and cash equivalents for Q1 2025 was -23,848,415.59 CNY, compared to a positive increase of 14,849,517.27 CNY in Q1 2024, highlighting a cash crunch[44] Research and Development - Research and development expenses increased by 51.63% to CNY 7,406,559.55 in Q1 2025[13] - Research and development expenses increased significantly to 7,406,559.55 in Q1 2025, compared to 4,884,593.50 in Q1 2024, marking a rise of 51.7%[37] Shareholder Information - The total number of ordinary shares is 136,700,000, with 65.88% being unrestricted shares held by major shareholders[22] - Major shareholder Guangdong Boyuan holds 30,538,100 shares, representing 22.34% of total shares[23] - The company has a total of 46,641,316 restricted shares, accounting for 34.12% of total shares[22] - The number of shareholders holding ordinary shares is 4,509[22] Operational Insights - The company's operating costs for Q1 2025 were CNY 25,539,521.71, an increase from CNY 23,605,173.81 in Q1 2024, reflecting an increase of 8.2%[39] - Total operating costs for Q1 2025 were 42,753,815.53, up from 36,675,259.90 in Q1 2024, reflecting a growth of 16.5%[37] - The company reported a significant increase in cash payments for employee compensation, totaling 26,672,394.70 CNY in Q1 2025, compared to 23,208,359.53 CNY in Q1 2024, indicating rising labor costs[44] Compliance and Commitments - The company has disclosed commitments and has complied with them in a timely manner[27] - The company has no outstanding litigation or arbitration matters during the reporting period[27] - There are no pledges or judicial freezes on shares held by major shareholders[25] - The company has not engaged in any share buyback activities during the reporting period[27]
铁大科技(872541) - 2025 Q1 - 季度财报