南网科技(688248) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 509,733,375.74, representing a year-on-year increase of 0.87% compared to CNY 505,339,156.36 in the same period last year[4] - Net profit attributable to shareholders increased by 35.66% to CNY 56,933,524.20 from CNY 41,968,925.83 in the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses rose by 47.05% to CNY 59,487,308.28, up from CNY 40,453,597.52[4] - The basic earnings per share increased by 42.86% to CNY 0.10 from CNY 0.07 in the same period last year[5] - Net profit for Q1 2025 was ¥58,414,366.90, up 37.3% from ¥42,588,053.19 in Q1 2024[20] - Earnings per share for Q1 2025 increased to ¥0.10, compared to ¥0.07 in Q1 2024, representing a growth of 42.9%[20] - The total comprehensive income for the first quarter of 2025 was CNY 42,416,321.61, compared to CNY 25,582,352.38 in the first quarter of 2024, representing a significant increase[32] Cash Flow - The net cash flow from operating activities was negative at CNY -367,974,639.68, compared to CNY -237,079,026.55 in the same period last year, indicating increased cash outflow[4] - Cash flow from operating activities showed a net outflow of ¥367,974,639.68 in Q1 2025, worsening from a net outflow of ¥237,079,026.55 in Q1 2024[23] - The net cash flow from operating activities was -CNY 470,719,755.40 in Q1 2025, worsening from -CNY 214,780,367.51 in Q1 2024[34] - The company's cash flow from investing activities showed a net outflow of ¥227,326,853.54, compared to a net inflow of ¥82,618,908.79 in the previous period[25] - Cash inflow from operating activities was CNY 524,398,558.81 in Q1 2025, up from CNY 439,145,161.62 in Q1 2024, indicating a growth of approximately 19.4%[34] - The company incurred cash outflows of CNY 700,660,804.28 for purchasing goods and services in Q1 2025, compared to CNY 508,700,265.10 in Q1 2024, marking a rise of about 37.7%[34] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,316,855,005.89, a decrease of 8.35% from CNY 4,710,085,613.32 at the end of the previous year[5] - As of March 31, 2025, the total current assets amounted to CNY 3,463,612,416.78, a decrease from CNY 3,854,333,577.34 as of December 31, 2024, reflecting a decline of approximately 10.16%[14] - The total liabilities decreased from CNY 1,516,253,865.84 to CNY 1,062,014,878.02, indicating a reduction of approximately 30%[15] - The accounts receivable decreased from CNY 511,133,964.24 to CNY 427,631,464.11, a decline of about 16.3%[14] - The total liabilities decreased to ¥1,233,003,855.11 in the latest report from ¥1,684,648,829.44 in the previous period[16] - The company's total assets decreased to ¥4,076,008,695.31 from ¥4,575,040,807.94, indicating a reduction of approximately 10.9%[27] Research and Development - Research and development expenses totaled CNY 44,209,137.17, accounting for 8.67% of operating revenue, down from 9.29% in the previous year[5] - Research and development expenses for Q1 2025 were ¥39,210,777.71, down from ¥44,271,608.03 in Q1 2024, a decrease of 11.5%[31] Other Observations - The company reported a significant decrease in accounts payable, leading to increased cash outflow for supplier payments compared to the previous year[8] - The company has no significant changes in the shareholder structure or any new strategic initiatives reported during the conference call[12] - There were no new product launches or technological advancements mentioned in the earnings call[13]