威迈斯(688612) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 135,344.87 million, a decrease of 1.02% compared to CNY 136,738.60 million in the same period last year[4] - Net profit attributable to shareholders was CNY 10,084.63 million, down 11.70% from CNY 11,420.33 million year-on-year[4] - The diluted earnings per share for the period was CNY 0.24, down 11.11% from CNY 0.27 in the same period last year[4] - The weighted average return on equity decreased to 3.05%, down 0.25 percentage points from 3.30% in the previous year[4] - The company reported a net profit margin of approximately 8.1% for Q1 2025, compared to 10.8% in Q1 2024, indicating a decline in profitability[18] - The net profit for Q1 2025 was CNY 101,176,518.29, a decrease of 12.5% compared to CNY 115,479,483.42 in Q1 2024[19] - The total comprehensive income for Q1 2025 was CNY 101,353,448.24, down from CNY 115,479,483.42 in the same period last year, reflecting a decline of 12.2%[19] Research and Development - R&D investment totaled CNY 10,129.43 million, representing a 24.61% increase from CNY 8,129.04 million in the previous year, and accounted for 7.48% of operating revenue, up 1.54 percentage points[5] - Research and development expenses increased to approximately 101.29 million RMB in Q1 2025, up 24.7% from 81.29 million RMB in Q1 2024[18] Cash Flow and Assets - The net cash flow from operating activities was CNY 13,170.55 million, a significant recovery from a negative cash flow of CNY -13,172.38 million in the previous year[4] - Cash flow from operating activities generated a net amount of CNY 131,705,475.06 in Q1 2025, compared to a negative cash flow of CNY -131,723,805.78 in Q1 2024[23] - Cash flow from investing activities showed a net inflow of CNY 380,587,156.80 in Q1 2025, contrasting with a net outflow of CNY -386,643,858.41 in Q1 2024[24] - The company's total assets at the end of the reporting period were CNY 742,776.13 million, a decrease of 3.42% from CNY 769,071.83 million at the end of the previous year[5] - As of March 31, 2025, the total current assets amounted to approximately 5.85 billion RMB, a decrease of 4.8% from 6.14 billion RMB on December 31, 2024[13] - The company’s cash and cash equivalents decreased to approximately 1.49 billion RMB as of March 31, 2025, down from 1.58 billion RMB at the end of 2024[13] - The company reported cash and cash equivalents at the end of Q1 2025 amounting to CNY 1,153,302,543.20, an increase from CNY 690,040,791.55 at the end of Q1 2024[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 7,839[9] - The total equity attributable to shareholders increased to approximately 3.34 billion RMB as of March 31, 2025, compared to 3.27 billion RMB at the end of 2024, reflecting a growth of about 2%[15] Subsidiary and Strategic Initiatives - The company established a foreign subsidiary, SURIPOWER CO., LTD., with a registered capital of 5 million Thai Baht to enhance its global strategy and respond to the international trade environment[11] - The company plans to leverage its technological advantages in Southeast Asia to expand its overseas production capacity[11] Liabilities - The total liabilities decreased to approximately 4.08 billion RMB as of March 31, 2025, down from 4.42 billion RMB at the end of 2024, reflecting a reduction of about 7.7%[15] Operating Performance - Operating profit for Q1 2025 was approximately 109.28 million RMB, down 26% from 147.49 million RMB in Q1 2024[18] - The total revenue from sales of goods and services in Q1 2025 was CNY 1,230,326,852.67, an increase of 27.3% from CNY 966,074,123.46 in Q1 2024[23] - The company incurred operating expenses of CNY 1,190,546,668.22 in Q1 2025, slightly higher than CNY 1,161,526,657.95 in Q1 2024[23] - The company’s investment cash inflow for Q1 2025 was CNY 742,478,634.80, down from CNY 1,059,762,266.69 in Q1 2024[24] - The company’s financing activities resulted in a net cash outflow of CNY -242,103,977.44 in Q1 2025, compared to a net inflow of CNY 45,393,079.36 in Q1 2024[24]