SGP(SH:603586)2025-04-25 15:45Financial Performance - The company's operating revenue for Q1 2025 was CNY 520,208,136.46, representing a 38.60% increase compared to CNY 375,337,104.39 in the same period last year[5] - Net profit attributable to shareholders reached CNY 75,064,408.63, a significant increase of 332.77% from CNY 17,344,989.75 year-on-year[5] - The net profit after deducting non-recurring gains and losses was CNY 73,379,777.10, up 302.94% from CNY 18,211,110.79 in the previous year[5] - The basic earnings per share (EPS) was CNY 0.38, reflecting a 322.22% increase from CNY 0.09 in the same quarter last year[5] - Operating profit for Q1 2025 was ¥92,150,020.57, significantly up from ¥20,193,212.62 in Q1 2024, marking an increase of 356.5%[24] - The company reported a total comprehensive income of ¥54,795,316.28 for Q1 2025, compared to ¥14,393,624.35 in Q1 2024, reflecting a growth of 280.5%[26] - The company achieved a total comprehensive income of ¥24,537,250.25 in Q1 2025, compared to only ¥1,592,404.27 in Q1 2024, marking an increase of approximately 1433%[40] Cash Flow - The net cash flow from operating activities was CNY 48,996,574.79, a significant improvement from a negative cash flow of CNY -17,052,168.35 in the same period last year[5] - Cash flow from operating activities for Q1 2025 was ¥48,996,574.79, a recovery from a negative cash flow of -¥17,052,168.35 in Q1 2024[29] - In Q1 2025, the company reported a net cash flow from operating activities of ¥91,805,352.08, a significant improvement compared to a net outflow of ¥21,297,928.73 in Q1 2024, representing a turnaround of over 500%[42] - The total cash inflow from operating activities in Q1 2025 was ¥386,930,074.36, up 80.9% from ¥214,037,849.27 in Q1 2024[42] - The cash flow from investing activities generated a net cash inflow of ¥15,796,017.26 in Q1 2025, compared to a net outflow of ¥3,001,934.94 in Q1 2024[30] - The net cash flow from investment activities improved to ¥19,477,141.21 in Q1 2025, compared to a net outflow of ¥66,731,953.44 in Q1 2024, indicating a positive shift in investment performance[42] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,783,105,303.74, a 2.08% increase from CNY 2,726,347,804.24 at the end of the previous year[7] - Current assets totaled CNY 1,905,565,343.15, up from CNY 1,814,454,691.02, indicating an increase of about 5.02%[18] - Total liabilities amounted to CNY 439,745,526.08, up from CNY 378,034,781.73, indicating an increase of about 16.25%[20] - Non-current liabilities decreased from CNY 60,000,000.00 to CNY 20,000,000.00, a reduction of approximately 66.67%[20] - The company's total liabilities decreased to ¥290,556,694.85 as of March 31, 2025, from ¥312,911,976.31 at the end of 2024, a reduction of 7.1%[36] Shareholder Information - Shareholders' equity attributable to the parent company was CNY 2,331,742,963.44, up 2.45% from CNY 2,276,049,014.72 at the end of the last fiscal year[7] - The company has a significant shareholder structure, with Shandong Jinqilin Investment Management Co., Ltd. holding 46.25% of shares[16] - The company has no significant changes in the participation of major shareholders in margin trading and securities lending activities[16] Operational Highlights - The increase in operating revenue and net profit was mainly driven by higher sales volumes of the company's main products[10] - The total cost of operations for Q1 2025 was ¥458,558,771.18, up from ¥354,855,281.68 in Q1 2024, indicating an increase of 29.3%[24] - Research and development expenses for Q1 2025 were ¥7,648,853.77, slightly down from ¥8,398,747.34 in Q1 2024[38] - The company reported a significant investment income of ¥27,372,636.05 in Q1 2025, compared to a loss of ¥2,964,277.67 in Q1 2024[38] Cash and Equivalents - Cash and cash equivalents increased to CNY 740,125,939.77 from CNY 668,935,035.68, representing a growth of approximately 10.65%[18] - Cash and cash equivalents at the end of Q1 2025 totaled ¥739,120,096.86, up from ¥707,037,474.14 at the end of Q4 2024, reflecting a net increase of ¥71,190,904.09[30] - Cash and cash equivalents at the end of Q1 2025 stood at ¥332,316,531.42, up from ¥231,986,450.06 at the end of Q1 2024, reflecting a year-over-year increase of 43.3%[44]