芯原股份(688521) - 2025 Q1 - 季度财报

Financial Performance - In Q1 2025, the company achieved operating revenue of CNY 389.67 million, a year-on-year increase of 22.49%[6] - The net profit attributable to shareholders was -CNY 220.34 million, compared to -CNY 206.98 million in the same period last year[4] - The company reported a gross profit of CNY 152 million, with a comprehensive gross margin of 39.06%, a decrease of 6.64 percentage points year-on-year[10] - Total operating revenue for Q1 2025 reached ¥389,670,345.85, a 22.4% increase from ¥318,132,960.41 in Q1 2024[25] - Total operating costs for Q1 2025 were ¥608,259,302.06, up 15.2% from ¥528,202,701.90 in Q1 2024[25] - Net loss for Q1 2025 was ¥220,343,448.02, compared to a net loss of ¥206,983,900.85 in Q1 2024, indicating a worsening of 6.4%[26] - The company reported a total comprehensive loss of ¥220,134,011.66 for Q1 2025, compared to a loss of ¥207,448,629.87 in Q1 2024[26] Research and Development - R&D investment totaled CNY 316.25 million, representing a year-on-year increase of 10.01%[10] - R&D expenses in Q1 2025 amounted to ¥300,500,628.29, compared to ¥287,470,477.72 in Q1 2024, reflecting a 4.5% increase[25] Cash Flow and Liquidity - The company's cash flow from operating activities was -CNY 219.77 million, slightly worse than -CNY 217.43 million in the previous year[4] - Cash flow from operating activities in Q1 2025 was negative at -¥219,770,413.57, slightly worse than -¥217,432,979.47 in Q1 2024[28] - Cash inflow from investment activities in Q1 2025 totaled ¥587,889,798.78, compared to ¥451,741,982.21 in Q1 2024, showing a significant increase of 30.1%[28] - The cash and cash equivalents at the end of the period were $608,416,617.92, down from $785,542,140.06[29] - The net increase in cash and cash equivalents was -$34,418,710.13, contrasting with a positive increase of $100,289,629.07 in the previous period[29] Assets and Liabilities - The company’s total assets decreased by 5.35% from the end of the previous year, totaling CNY 4.38 billion[5] - Total liabilities increased from ¥1,080,000,000 to ¥1,200,000,000, reflecting a rise of approximately 11.1%[21] - The total liabilities as of the latest report were ¥2,460,446,465.60, a decrease from ¥2,507,541,641.81 in the previous period[23] - The total equity attributable to shareholders decreased to ¥1,921,816,947.70 from ¥2,122,317,675.16, reflecting a decline of 9.4%[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,327[16] - VeriSilicon Limited holds 75,678,399 shares, representing 15.11% of total shares[17] - There are no known related party transactions among the top shareholders[17] Market and Order Backlog - The company had a record backlog of orders amounting to CNY 2.46 billion, maintaining a high level for six consecutive quarters[6] - Revenue from the consumer electronics sector surged by 103.81%, accounting for 44.12% of total revenue[6] Other Financial Metrics - The company’s diluted earnings per share were -CNY 0.44, compared to -CNY 0.41 in the same period last year[5] - Basic and diluted earnings per share for Q1 2025 were both -¥0.44, compared to -¥0.41 in Q1 2024[26] - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[18]