长信科技(300088) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥2,793,420,945.84, representing a 7.31% increase compared to ¥2,603,187,623.53 in the same period last year[5]. - Net profit attributable to shareholders increased by 61.09% to ¥79,702,498.14 from ¥49,476,398.96 year-on-year[5]. - The basic earnings per share rose by 60.40% to ¥0.0324, compared to ¥0.0202 in the same period last year[5]. - Net profit for the current period was ¥82,716,022.08, representing a 35.4% increase from ¥61,068,761.37 in the previous period[20]. - Earnings per share (EPS) for the current period was ¥0.0324, compared to ¥0.0202 in the previous period, reflecting a 60.9% increase[21]. - The company reported a total comprehensive income of ¥82,720,079.86, compared to ¥61,068,208.40 in the previous period, reflecting a growth of 35.5%[21]. Cash Flow - The net cash flow from operating activities improved significantly, reaching ¥216,671,270.52, a 350.09% increase from a negative cash flow of ¥86,637,951.72 in the previous year[5]. - Cash flow from operating activities generated a net amount of ¥216,671,270.52, a significant improvement from a net outflow of ¥86,637,951.72 in the previous period[22]. - Cash inflow from investment activities totaled $1,262,226,870.00, a significant increase from $446,764,438.80 in the previous period[23]. - Cash outflow from investment activities amounted to $1,547,042,068.04, compared to $591,973,930.49 previously, resulting in a net cash flow from investment activities of -$284,815,198.04[23]. - Cash inflow from financing activities was $742,504,502.56, down from $858,940,683.78 in the prior period[23]. - Net cash flow from financing activities was $236,637,835.82, a decrease from $288,907,975.99 in the previous period[23]. - The net increase in cash and cash equivalents was $171,541,043.75, compared to $61,221,986.93 previously[23]. - The ending balance of cash and cash equivalents was $1,374,877,999.53, slightly up from $1,362,268,282.04 in the prior period[23]. - The company reported a significant cash inflow of $1,261,486,720.06 from other investment-related activities, compared to $409,135,367.89 previously[23]. - Cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was $161,711,793.50, down from $226,973,930.49[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥16,999,532,159.65, up 4.74% from ¥16,230,246,621.44 at the end of the previous year[5]. - Total current assets increased to CNY 8,085,907,203.25 from CNY 7,533,163,428.88, reflecting a growth of approximately 7.35%[16]. - Cash and cash equivalents rose to CNY 1,723,291,871.03 from CNY 1,486,002,039.75, an increase of about 15.96%[16]. - Accounts receivable increased to CNY 3,623,349,996.34 from CNY 3,565,949,332.31, showing a growth of approximately 1.61%[16]. - Total liabilities increased to CNY 7,786,236,040.70 from CNY 7,372,428,711.58, representing a rise of about 5.61%[17]. - Short-term borrowings rose to CNY 2,473,340,228.18 from CNY 2,447,914,097.16, an increase of approximately 1.03%[17]. - The total assets amounted to CNY 16,999,532,159.65, up from CNY 16,230,246,621.44, indicating a growth of about 4.74%[17]. - Non-current assets totaled CNY 8,913,624,956.40, an increase from CNY 8,697,083,192.56, reflecting a growth of approximately 2.48%[17]. - The company’s long-term borrowings increased to CNY 637,237,832.82 from CNY 518,597,885.82, representing a growth of approximately 22.87%[17]. - Total equity attributable to shareholders rose to ¥8,667,490,451.44, up from ¥8,315,026,402.10, indicating a growth of 4.2%[18]. Operational Highlights - The company reported a 39.37% decrease in investment income compared to the same period last year, primarily due to reduced investment income from associates[9]. - Cash received from sales of goods and services increased by 73.45% year-on-year, driven by growth in sales scale and increased customer payments[10]. - The company reported a decrease in inventory to CNY 1,297,486,482.29 from CNY 1,312,232,538.30, a decline of about 1.12%[16]. - Research and development expenses increased to ¥115,854,293.87, up 19.4% from ¥96,981,423.46 in the previous period, highlighting a focus on innovation[19]. - The company recorded a decrease in credit impairment losses to -¥1,297,565.46 from -¥6,650,412.49, indicating improved asset quality[20]. Reporting and Governance - The company did not execute any new accounting standards adjustments for the first quarter report, which remains unaudited[24]. - The company’s board of directors released the first quarter report on April 26, 2025[24].