海格通信(002465) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥1,039,604,901.17, a decrease of 9.15% compared to ¥1,144,316,623.42 in the same period last year[5] - Net profit attributable to shareholders was ¥45,588,807.49, representing an increase of 7.25% from ¥42,507,168.71 year-on-year[5] - The company reported a 79.47% decrease in investment income, with a loss of -¥4,702,145.30, mainly due to differences in the maturity of wealth management products[10] - Net profit for the current period is ¥45,996,217.70, a decrease of 13.45% compared to ¥52,872,849.10 in the previous period[20] - The company reported a profit before tax of ¥36,999,381.48, down 44.38% from ¥66,468,036.25 in the previous period[20] Cash Flow and Liquidity - The net cash flow from operating activities improved by 24.91%, amounting to -¥392,446,746.70 compared to -¥522,653,140.41 in the previous year[5] - Operating cash inflow for the period was CNY 1,133,317,142.69, a decrease of 8.7% from CNY 1,241,405,290.50 in the previous period[21] - Net cash outflow from operating activities was CNY -392,446,746.70, improving from CNY -522,653,140.41 in the previous period[21] - Financing cash inflow was CNY 1,020,462,860.72, compared to CNY 1,249,315,656.47 in the previous period, a decrease of 18.3%[22] - Net cash outflow from financing activities was CNY -221,624,577.25, a significant decline from a net inflow of CNY 488,285,064.64 in the previous period[22] Assets and Liabilities - Total assets decreased by 2.50% to ¥20,017,258,884.62 from ¥20,529,820,331.22 at the end of the previous year[5] - Total current assets at the end of the reporting period amount to RMB 13,201,175,145.13, a decrease from RMB 13,838,690,812.44 at the beginning of the period[17] - Total liabilities decreased to ¥6,835,323,191.12 from ¥7,393,851,981.29, reflecting a reduction of 7.56%[18] - Total equity increased slightly to ¥13,181,935,693.50 from ¥13,135,968,349.93, representing a growth of 0.35%[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 102,351[13] - The largest shareholder, Guangzhou Digital Technology Group Co., Ltd., holds 25.31% of shares, totaling 628,149,283 shares[13] Strategic Initiatives - The company plans to repurchase shares with a total fund of no less than RMB 200 million and no more than RMB 400 million for employee stock ownership plans[14] - The company approved the use of up to RMB 2.5 billion of idle funds for cash management[15] - The company intends to apply for a credit limit of up to RMB 5.5 billion from banks for the year 2025[15] Cost Management - The company is focusing on cost control and efficiency improvements in response to the decline in revenue and profit margins[19] - Total operating costs for the current period are ¥1,032,214,402.83, down 6.96% from ¥1,109,607,412.55 in the previous period[19] - Research and development expenses for the current period are ¥185,927,440.73, a decrease of 18.43% from ¥228,206,840.17 in the previous period[19]