沪硅产业(688126) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 801.61 million, representing a 10.60% increase compared to CNY 724.80 million in the same period last year[5]. - The net profit attributable to shareholders of the listed company was a loss of CNY 208.53 million, compared to a loss of CNY 197.72 million in the previous year[5]. - Total operating revenue for Q1 2025 reached ¥801,607,232.07, an increase of 10.6% compared to ¥724,803,136.62 in Q1 2024[19]. - Net loss for Q1 2025 amounted to ¥279,745,045.05, compared to a net loss of ¥228,596,223.11 in Q1 2024, reflecting a decline in profitability[20]. - The company reported a comprehensive loss of ¥746,308,697.98 for Q1 2025, compared to a comprehensive loss of ¥1,847,736,776.61 in Q1 2024, showing an improvement in overall financial performance[21]. - The total profit (loss) for Q1 2025 was a loss of CNY 16,861,830.83, which is a significant reduction from a loss of CNY 57,855,064.16 in Q1 2024, reflecting a 71% improvement[31]. Research and Development - The total R&D investment amounted to CNY 79.30 million, which is a 29.24% increase from CNY 61.36 million in the same period last year, accounting for 9.89% of operating revenue[5][6]. - Research and development expenses for Q1 2025 were ¥79,298,197.43, up 29.3% from ¥61,358,825.83 in Q1 2024, highlighting increased investment in innovation[19]. Cash Flow and Liquidity - The net cash flow from operating activities improved by CNY 17.74 million compared to the previous year, reaching a total of CNY -166.50 million[8]. - Cash inflow from operating activities for Q1 2025 was CNY 1,186,673,643.23, a significant increase of 72.9% compared to CNY 686,577,649.92 in Q1 2024[24]. - Net cash flow from operating activities for Q1 2025 was -CNY 166,496,392.32, an improvement from -CNY 343,876,649.98 in Q1 2024[25]. - Cash inflow from investment activities for Q1 2025 was CNY 3,481,292,474.21, down 16.7% from CNY 4,183,118,442.58 in Q1 2024[25]. - Net cash flow from investment activities for Q1 2025 was -CNY 488,400,238.34, an improvement from -CNY 1,679,084,485.46 in Q1 2024[25]. - Cash inflow from financing activities for Q1 2025 was CNY 800,247,098.97, compared to CNY 108,377,230.95 in Q1 2024[25]. - Net cash flow from financing activities for Q1 2025 was CNY 202,221,355.78, a turnaround from -CNY 16,101,861.24 in Q1 2024[25]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 29.23 billion, a slight decrease of 0.15% from CNY 29.27 billion at the end of the previous year[6]. - The company's total assets slightly decreased to ¥29,225,640,352.51 in Q1 2025 from ¥29,269,842,383.90 in Q1 2024, indicating a stable asset base despite operational losses[17]. - The company's current assets totaled RMB 8,574,904,774.61, down from RMB 9,070,128,098.69 in the previous period, indicating a decrease of approximately 5.5%[15]. - The company's total liabilities increased to ¥10,770,577,012.63 in Q1 2025 from ¥10,068,445,413.50 in Q1 2024, indicating a rise of 7%[17]. - Total equity attributable to shareholders decreased to ¥11,624,142,995.30 in Q1 2025 from ¥12,299,260,112.81 in Q1 2024, a decline of 5.5%[17]. Inventory and Impairment - The company reported a significant increase in inventory impairment losses compared to the previous year due to product price adjustments and increased finished goods[8]. - Inventory increased to RMB 1,693,015,520.84, up from RMB 1,541,669,224.17, reflecting a growth of approximately 9.8%[15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 64,819[10]. - The company has not reported any significant changes in shareholder structure or financing activities during the reporting period[12]. Management and Financial Expenses - Management expenses increased to CNY 9,915,043.30 in Q1 2025 from CNY 7,841,257.96 in Q1 2024, representing a rise of approximately 26.4%[30]. - Financial expenses rose to CNY 8,302,177.19 in Q1 2025 from CNY 5,282,123.82 in Q1 2024, marking an increase of about 57.3%[30]. - The company reported an interest expense of CNY 13,932,110.05 in Q1 2025, down from CNY 15,283,045.36 in Q1 2024, indicating a decrease of approximately 8.8%[30]. Accounting Standards - The company did not apply new accounting standards for the first time in 2025, as stated in their announcement[34].