Financial Performance - Operating revenue for Q1 2025 reached CNY 135,614,602.10, representing a 22.97% increase from CNY 110,278,361.89 in Q1 2024[10] - Net profit attributable to shareholders decreased by 22.34% to CNY 2,156,020.64, down from CNY 2,776,162.80 in the same period last year[10] - The company reported a net profit of 78,203,503.85 yuan in retained earnings, compared to 76,047,483.21 yuan, an increase of approximately 2.8%[33] - The net profit for Q1 2025 reached ¥3,808,225.64, a significant increase from ¥1,697,775.30 in Q1 2024, representing a growth of approximately 124.8%[40] - The total profit for Q1 2025 was ¥3,598,199.79, compared to ¥796,402.50 in Q1 2024, marking an increase of approximately 352.5%[40] - The company reported a basic earnings per share of ¥0.03 for Q1 2025, down from ¥0.04 in Q1 2024[39] Assets and Liabilities - Total assets increased by 10.50% to CNY 408,451,781.28 as of March 31, 2025, compared to CNY 369,641,824.41 at the end of 2024[10] - Total liabilities increased to 156,781,523.09 yuan from 120,247,281.86 yuan, showing a growth of about 30.3%[33] - Total current assets amounted to 317,650,124.65 yuan, an increase from 288,050,415.22 yuan as of December 31, 2024, representing a growth of approximately 10.5%[31] - Non-current assets totaled 90,801,656.63 yuan, up from 81,591,409.19 yuan, reflecting an increase of about 11.5%[32] - Total assets as of March 31, 2025, were ¥386,155,965.81, up from ¥351,688,784.15 at the end of 2024, representing an increase of about 10%[36] - Total liabilities as of March 31, 2025, were ¥145,452,801.98, compared to ¥114,913,540.96 at the end of 2024, indicating an increase of approximately 27%[36] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 17,617,011.72, an improvement of 5.22% compared to a net outflow of CNY 18,587,794.73 in Q1 2024[10] - The cash inflow from operating activities in Q1 2025 was ¥101,237,634.07, compared to ¥118,110,547.42 in Q1 2024, reflecting a decrease of about 14.3%[42] - Cash inflow from operating activities totaled 97,904,364.29 in Q1 2025, down from 126,213,394.12 in Q1 2024, a decline of about 22.4%[44] - Cash outflow from operating activities was 114,145,164.17 in Q1 2025, compared to 129,635,467.94 in Q1 2024, indicating a decrease of approximately 11.9%[45] - The ending cash and cash equivalents balance was 60,463,219.83 at the end of Q1 2025, compared to 29,522,099.70 at the end of Q1 2024, showing an increase of approximately 104.5%[45] Shareholder Information - The total number of ordinary shares remained at 64,180,659, with 6,132 shareholders as of the reporting date[17] - The largest shareholder, Li Xiaohui, holds 31,599,200 shares, representing 49.23% of the total shares[18] - The second largest shareholder, Xinyu Huichuang Investment Management Partnership, holds 7,524,135 shares, accounting for 11.72%[18] - The total shares held by the top ten shareholders amount to 42,145,800, which is 65.66% of the total shares[19] - There are no pledged or judicially frozen shares among the top shareholders[21] Related Party Transactions and Guarantees - The company has engaged in significant related party transactions, with a total of 300,000,000 yuan in approved amounts and 143,850,000 yuan in actual transaction amounts[25] - The company has provided a guarantee of 75,000,000 yuan for bank credit facilities, which is expected to positively impact its financial status and business development[25] Research and Development - Research and development expenses in Q1 2025 amounted to ¥10,253,378.13, up from ¥9,494,187.77 in Q1 2024, reflecting an increase of approximately 8%[37] - Research and development expenses for Q1 2025 were ¥7,651,446.12, slightly up from ¥7,370,907.60 in Q1 2024, showing an increase of about 3.8%[40] Other Information - The company has not faced any litigation or arbitration matters during the reporting period[23] - The company has timely disclosed all necessary information regarding major events and transactions[24] - The company applied for a project loan credit limit of 75 million yuan from the Industrial and Commercial Bank of China, secured by land use rights and factory buildings[27] - The company plans to invest in high-safety, high-liquidity financial products using idle funds, with no significant asset restructuring involved[26] - Li Qingkang is identified as a concerted actor with the actual controller, Li Xiaohui[20]
慧为智能(832876) - 2025 Q1 - 季度财报