JXFH(SZ:300213)2025-04-25 13:10Financial Performance - The company's operating revenue for Q1 2025 was ¥117,062,065.02, a decrease of 32.09% compared to ¥172,387,071.67 in the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥25,532,416.70, representing a decline of 310.45% from a loss of ¥6,220,602.14 in the previous year[5]. - The company's basic earnings per share were -¥0.0434, a decline of 309.43% from -¥0.0106 in the same period last year[5]. - The net profit for the current period is -27,404,595.95, compared to -7,992,362.43 in the previous period, indicating a significant increase in losses[30]. - Operating profit for the current period is -26,058,332.03, compared to -4,576,649.13 in the previous period, reflecting a worsening operational performance[30]. - Total comprehensive income for the current period is -27,404,595.95, compared to -7,992,362.43 in the previous period, indicating a decline in overall financial health[30]. Cash Flow and Assets - The net cash flow from operating activities improved to ¥15,889,931.13, a 152.06% increase from a negative cash flow of ¥30,519,699.74 in the same period last year[5]. - Cash and cash equivalents increased to ¥428,818,781.12 from ¥372,833,361.36, reflecting a growth of approximately 15.0%[25]. - Cash and cash equivalents at the end of the period increased to 419,506,928.81 from 395,724,721.14, showing a positive cash flow trend[33]. - Investment activities generated a net cash flow of 49,069,833.89, a recovery from -36,188,334.91 in the previous period[33]. - The company experienced a 50.08% increase in cash recovered from investments, totaling ¥27,013.70 million compared to ¥18,000.00 million in the previous year[10]. Research and Development - Research and development expenses increased by 30.91% to ¥4,095.60 million, up from ¥3,128.50 million year-on-year, indicating a focus on innovation[9]. - The company increased R&D expenses to CNY 40.956 million, a year-on-year increase of CNY 9.67 million, representing a growth rate of 30.91%[17]. - R&D investment accounted for 34.99% of operating revenue, up from 18.15%[17]. - The company is focusing on AI and 5G-R innovations to enhance its competitive edge in the smart transportation sector[17]. - The company is committed to enhancing its technology competitiveness and sustainable development capabilities through increased strategic investments[17]. Strategic Initiatives - The company aims to achieve its annual operational goals by deepening its digital transformation and expanding into emerging sectors like civil aviation and finance[19]. - The company is developing a matrix of "AI+" industry solutions to capture market opportunities[19]. - The company successfully won the project for the "Knowledge Q&A Assistant Technology Research and Application Based on Large Models" in the urban rail maintenance field, marking industry recognition for its "Feihong Wenda" model[22]. - The Ministry of Industry and Information Technology approved the field test frequency for the new generation railway mobile communication (5G-R) system, validating the company's strategic foresight in digital business layout[23]. Asset Management - The total assets at the end of the reporting period were ¥3,047,908,895.87, down 3.05% from ¥3,143,722,135.48 at the end of the previous year[5]. - Total liabilities decreased to ¥838,408,817.33 from ¥909,054,837.62, a reduction of approximately 7.8%[27]. - The company's undistributed profits decreased to ¥933,080,634.42 from ¥958,613,051.12, a decline of about 2.6%[27]. - Accounts receivable decreased to ¥975,179,346.30 from ¥1,139,125,695.19, a reduction of about 14.4%[25]. - Inventory increased slightly to ¥322,240,885.53 from ¥313,462,323.51, showing a growth of approximately 2.5%[26].