格灵深瞳(688207) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥7,674,727.75, representing a decrease of 75.02% compared to ¥30,726,615.23 in the same period last year[4] - The net profit attributable to shareholders was -¥44,503,956.79, compared to -¥27,099,447.96 in the previous year, indicating a worsening financial performance[4] - The net cash flow from operating activities was -¥64,250,513.09, compared to -¥31,126,903.67 in the previous year, reflecting increased cash outflows[4] - The weighted average return on net assets was -2.21%, down from -1.19% in the previous year, indicating a decline in profitability[5] - Net loss for Q1 2025 was CNY 47,231,546.96, compared to a net loss of CNY 27,186,116.94 in Q1 2024, representing an increase in loss of 73.5%[17] - Total comprehensive loss for Q1 2025 was CNY 47,334,314.17, compared to CNY 27,214,900.71 in Q1 2024, indicating a 74.5% increase in loss[18] Research and Development - Research and development (R&D) expenses totaled ¥32,756,652.71, down 25.96% from ¥44,240,652.27, with R&D expenses accounting for 426.81% of operating revenue, an increase of 282.83 percentage points[5] - Research and development expenses for Q1 2025 were CNY 32,756,652.71, down 26.0% from CNY 44,240,652.27 in Q1 2024[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,214,531,769.60, a decrease of 4.45% from ¥2,317,640,088.10 at the end of the previous year[5] - Current assets decreased to RMB 1,476,562,233.34 from RMB 1,739,842,218.95, representing a reduction of about 15.1%[12] - Cash and cash equivalents dropped significantly from RMB 1,101,296,323.72 to RMB 689,210,555.29, a decline of approximately 37.4%[11] - Total liabilities decreased from RMB 221,928,465.91 to RMB 166,154,461.58, indicating a reduction of around 25.2%[13] - The company reported a significant decrease in short-term borrowings from RMB 20,023,833.34 to RMB 7,508,861.11, a decline of approximately 62.6%[13] - The total equity remained stable at RMB 258,973,147.00, unchanged from the previous period[13] Market and Operations - The company is expanding its market presence in smart finance, urban management, and smart sports, with new customer POC (proof of concept) projects initiated[7] - The decline in revenue is attributed to a slowdown in demand from major clients due to macroeconomic conditions, leading to fewer orders on hand[7] - The company anticipates that some products will be delivered and accepted in Q2 due to late contract signings with major clients in specialized fields[7] Shareholder Information - The total number of common shareholders at the end of the reporting period was 14,986[8] - The number of shares held by the top shareholder, Tianjin Deep Insight Technology Center, is 43,765,884, representing 16.90% of total shares[10] - The company has a repurchase account holding 3,058,326 shares, accounting for 1.18% of the total share capital[10] - The total equity attributable to shareholders of the parent company was CNY 1,991,522,316.93, a decrease from CNY 2,036,129,040.93[14] - The company has no significant changes in the shareholder structure or any related party transactions reported during the period[11] Cash Flow - Operating cash flow for Q1 2025 was negative CNY 64,250,513.09, worsening from negative CNY 31,126,903.67 in Q1 2024[20] - Cash inflow from investment activities in Q1 2025 was CNY 1,040,026,549.10, compared to CNY 1,342,025,151.14 in Q1 2024, a decrease of 22.5%[20] - Cash outflow from investment activities for Q1 2025 was CNY 1,166,909,908.20, an increase of 8.1% from CNY 1,079,124,816.03 in Q1 2024[20] - The net cash flow from financing activities was -$16,233,412.46, compared to -$5,658,183.56 in the previous period, indicating a significant increase in cash outflow[21] - The net increase in cash and cash equivalents was -$207,367,284.65, a decline from an increase of $226,115,247.88 in the prior period[21] - The ending balance of cash and cash equivalents was $211,611,222.90, down from $1,119,544,331.56 at the end of the previous period[21]