Transwarp(688031)2025-04-25 13:25Financial Performance - The company's operating revenue for Q1 2025 was ¥64,356,897.78, representing a 2.59% increase compared to ¥62,734,168.59 in the same period last year[3]. - The net profit attributable to shareholders was -¥83,577,075.52, an improvement from -¥88,669,719.41 year-over-year[3]. - The company's net loss for the first quarter of 2025 was RMB 83,577,075.51, compared to a net loss of RMB 78,576,075.51 in the same period of 2024, indicating a worsening of approximately 6.4%[16]. - Operating profit for Q1 2025 was -¥83,756,490.46, slightly improved from -¥88,945,042.78 in Q1 2024[17]. - Net profit for Q1 2025 was -¥83,722,290.59, compared to -¥88,875,529.16 in Q1 2024, indicating a 7.5% improvement[18]. - Basic and diluted earnings per share for Q1 2025 were both -¥0.69, an improvement from -¥0.73 in Q1 2024[18]. Cash Flow - The net cash flow from operating activities improved to -¥88,728,609.55 from -¥167,282,762.96 in the previous year[3]. - Cash flow from operating activities for Q1 2025 was -¥88,728,609.55, an improvement from -¥167,282,762.96 in Q1 2024[19]. - Cash flow from investing activities in Q1 2025 was -¥30,298,492.86, a decrease from ¥285,207,113.36 in Q1 2024[20]. - Cash flow from financing activities generated ¥37,997,415.74 in Q1 2025, compared to -¥4,782,265.63 in Q1 2024[20]. - The ending cash and cash equivalents balance for Q1 2025 was ¥461,445,210.33, slightly down from ¥465,548,858.28 in Q1 2024[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,339,573,879.58, down 4.06% from ¥1,396,260,210.59 at the end of the previous year[4]. - The company's current assets totaled RMB 1,085,024,236.72, down from RMB 1,138,101,347.17, indicating a decrease of about 4.7%[13]. - The company's cash and cash equivalents decreased to RMB 461,451,210.33 from RMB 583,266,679.07, representing a decline of approximately 20.9%[13]. - The total liabilities increased to RMB 315,902,441.21 from RMB 301,818,617.33, marking an increase of about 4.0%[15]. - The company's total equity as of March 31, 2025, was RMB 1,023,671,438.37, down from RMB 1,094,441,593.26, reflecting a decrease of about 6.5%[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 10,270[9]. - The largest shareholder, Sun Yuanhao, holds 11,167,863 shares, representing 9.22% of the total shares[10]. Research and Development - R&D expenses totaled ¥60,734,798.81, a decrease of 7.68% from ¥65,787,175.36, with R&D expenses as a percentage of operating revenue decreasing by 10.50 percentage points to 94.37%[4]. Other Income - The company recognized non-recurring gains of ¥4,270,735.15, including government subsidies of ¥2,561,657.30[5][7]. - The company reported other income of ¥6,059,955.91 in Q1 2025, up from ¥3,046,586.57 in Q1 2024, reflecting a 99.5% increase[17].