AVD(SZ:300939)2025-04-25 16:30Revenue and Profitability - The company's revenue for Q1 2025 was ¥267,727,834.16, representing a 19.41% increase compared to ¥224,203,528.40 in the same period last year[4] - Net profit attributable to shareholders decreased by 19.09% to ¥19,484,289.51 from ¥24,081,105.12 year-on-year[4] - Basic and diluted earnings per share both decreased by 20.00% to ¥0.16 from ¥0.20 year-on-year[4] - The company's net profit for the current period is 19,956,341.09, a decrease of 16.0% compared to 23,821,639.26 in the previous period[24] - Operating profit for the current period is 21,556,591.70, down from 25,554,815.66, reflecting a decline of 15.6%[24] - Total comprehensive income for the current period is 19,956,953.94, down from 23,329,191.99, indicating a decrease of 14.5%[24] Cash Flow - The net cash flow from operating activities surged by 4,983.75% to ¥17,800,941.43, compared to a negative cash flow of ¥364,493.04 in the previous year[4] - Cash flow from operating activities shows a net increase of 17,800,941.43, compared to a negative cash flow of -364,493.04 in the previous period[27] - Cash received from operating activities totaling 217,737,274.37, compared to 175,792,522.28 in the previous period, marking an increase of 23.9%[27] - Cash flow from investment activities decreased by 41.89% to approximately 127.67 million, primarily due to unredeemed financial products[14] - Investment activities generated a net cash flow of 127,667,819.14, down from 219,713,815.99 in the previous period, reflecting a decrease of 41.9%[27] - Cash flow from financing activities improved by 96.15%, resulting in a net outflow of approximately 2.73 million, mainly due to last year's share buybacks and bank loan repayments[14] Assets and Liabilities - Total assets increased by 2.23% to ¥1,687,969,394.82 from ¥1,651,144,390.92 at the end of the previous year[4] - Total liabilities increased to ¥289,441,601.06, compared to ¥272,573,551.10 in the previous period, indicating a rise of 6.4%[22] - The company's total assets at the end of the period were ¥1,687,969,394.82, compared to ¥1,651,144,390.92 at the beginning of the period, reflecting a growth of 2.2%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,602[16] - Shenzhen Hanzhi Investment Co., Ltd. holds 45.09% of shares, totaling 54,108,000 shares[16] - The top ten shareholders collectively hold significant stakes, with the largest shareholder holding over 45%[16] - The company has not reported any changes in the status of major shareholders participating in margin trading[18] - The company’s repurchase account holds 1,425,982 shares, representing 1.19% of total shares[18] - There were no significant changes in the number of preferred shareholders or restricted shares during the reporting period[18] Expenses and Financial Performance - Total operating costs amounted to ¥249,085,320.55, up 25.1% from ¥199,194,091.40 in the prior period[22] - Research and development expenses increased to ¥20,178,010.43, representing a rise of 21.5% from ¥16,591,503.79 year-over-year[22] - Financial expenses decreased by 36.14% to -¥1,044,686.87, attributed to exchange rate fluctuations[11] - The company experienced a significant increase in credit impairment losses, which rose by 610.76% to ¥987,160.17 from ¥138,888.00 year-on-year[11] - The company reported a net credit impairment loss of ¥987,160.17, compared to a loss of ¥138,888.00 in the previous period[22] Cash and Inventory - Cash and cash equivalents increased significantly to ¥338,565,098.76 from ¥190,784,166.12, marking a growth of 77.6%[20] - Inventory levels rose to ¥178,524,249.36, up 28.5% from ¥138,837,089.78 at the start of the period[20] - The company reported cash and cash equivalents at the end of the period amounting to 332,225,472.30, an increase from 241,441,728.36 in the previous period[28] Audit and Reporting - The company has not undergone an audit for the first quarter report[29]