Financial Performance - The company's operating revenue for Q1 2025 was ¥107,063,922.12, a decrease of 3.64% compared to ¥111,112,395.65 in the same period last year[5]. - Net profit attributable to shareholders was ¥20,392,775.32, representing an increase of 11.26% from ¥18,328,172.49 year-on-year[5]. - The net profit after deducting non-recurring gains and losses dropped significantly by 84.90%, amounting to ¥2,475,201.26, down from ¥16,394,327.51 in the previous year[5][9]. - Total operating costs increased to ¥109,428,856.55 from ¥101,525,727.00, representing an increase of approximately 7.9% year-over-year[19]. - Net profit for the period was ¥20,129,939.83, up from ¥18,008,666.96, reflecting a growth of about 11.8%[19]. - Total comprehensive income for the period was ¥20,393,330.24, up from ¥17,988,410.42, indicating an increase of approximately 7.8%[20]. Cash Flow and Assets - The net cash flow from operating activities improved to ¥1,556,091.62, a significant recovery from a negative cash flow of ¥38,378,286.51 in the same period last year[5]. - Cash flow from operating activities generated a net inflow of ¥1,556,091.62, compared to a net outflow of ¥38,378,286.51 in the previous year[22]. - The company's cash and cash equivalents were RMB 329,824,945.02, down from RMB 447,577,473.96, indicating a decline of 26.4%[14]. - Cash and cash equivalents at the end of the period decreased to ¥288,343,003.90 from ¥530,243,325.93, a decline of approximately 45.6%[23]. - Current assets totaled RMB 1,289,747,908.52 as of March 31, 2025, down from RMB 1,342,716,046.58 at the end of 2024, representing a decrease of 3.9%[14]. - Total liabilities amounted to RMB 404,828,978.76, a slight decrease from RMB 410,962,496.71 in the previous period, reflecting a reduction of 1.0%[16]. - The company's total assets reached RMB 1,718,764,370.86, a marginal increase from RMB 1,711,537,350.58, reflecting a growth of 0.4%[16]. - Non-current assets totaled RMB 429,016,462.34, up from RMB 368,821,304.00, indicating an increase of 16.2%[15]. Shareholder Information - Shareholders' equity attributable to shareholders was ¥1,313,935,392.10, reflecting a 0.97% increase from ¥1,301,294,675.18 at the end of the previous year[6]. - The basic and diluted earnings per share were both ¥0.24, representing a 9.09% increase from ¥0.22 in the same period last year[5]. - Basic and diluted earnings per share increased to ¥0.24 from ¥0.22, marking a rise of 9.1%[20]. - The weighted average return on equity increased by 0.17 percentage points to 1.56% from 1.39% year-on-year[5]. Research and Development - Research and development expenses totaled ¥17,563,930.90, a decrease of 13.68% compared to ¥20,346,852.61 in the previous year, with R&D expenses accounting for 16.41% of operating revenue[5]. - Research and development expenses decreased to ¥17,563,930.90 from ¥20,346,852.61, a reduction of about 13.7%[19]. Tax and Non-Recurring Items - The company reported non-recurring gains totaling ¥17,917,574.06 after tax, primarily due to asset disposal gains and other non-operating income[8]. - The company reported a decrease in tax expenses to ¥1,654,974.62 from ¥1,248,587.58, reflecting a reduction of approximately 32.4%[19].
科威尔(688551) - 2025 Q1 - 季度财报