神开股份(002278) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 201,914,351.46, representing a 41.78% increase compared to CNY 142,418,334.80 in the same period last year[4] - The net profit attributable to shareholders was CNY 18,460,176.40, a significant turnaround from a loss of CNY 5,513,630.38, marking a 434.81% increase year-over-year[4] - The basic earnings per share increased to CNY 0.0509 from a loss of CNY 0.0152, reflecting a 434.87% improvement[4] - Net profit for the current period was ¥20,542,824.47, compared to a net loss of ¥2,867,709.13 in the previous period, indicating a turnaround in profitability[26] - Earnings per share (EPS) improved to ¥0.0509 from a loss of ¥0.0152 in the previous period, showcasing a positive shift in financial performance[27] - The company reported a total comprehensive income of ¥20,698,649.11, compared to a loss of ¥2,557,655.08 in the previous period, indicating a strong recovery[27] Cash Flow - The net cash flow from operating activities improved by 57.16%, reaching CNY -10,094,075.45 compared to CNY -23,560,152.21 in the previous year[13] - Cash flow from operating activities showed a net outflow of ¥10,094,075.45, an improvement from a larger outflow of ¥23,560,152.21 in the previous period[27] - The net cash flow from financing activities increased by 205.99% to CNY 8,181,911.80, compared to CNY 2,673,902.78 in the same period last year[13] - Cash inflow from financing activities totaled $25.60 million, up from $3.00 million in the prior period, reflecting a strong increase in borrowing[28] - The net cash flow from financing activities was $8.18 million, compared to $2.67 million previously, showing improved cash generation from financing[28] - The company experienced a negative net increase in cash and cash equivalents of -$90.46 million, compared to -$31.03 million in the previous period[28] Assets and Liabilities - Total assets decreased by 3.25% to CNY 1,832,173,527.90 from CNY 1,893,648,187.11 at the end of the previous year[4] - The total liabilities decreased to ¥589,893,624.84 from ¥672,066,933.16, indicating a reduction in financial obligations[23] - The company’s total liabilities decreased from ¥1,360,288,190.49 to ¥1,307,510,680.45, a reduction of approximately 3.9%[22] - Total equity increased to ¥1,242,279,903.06 from ¥1,221,581,253.95, reflecting a growth in shareholder value[23] Investments and Expenses - The company reported a significant increase in trading financial assets, which rose by 474.95% to CNY 103,976,265.96 due to increased purchases of financial products[7] - Research and development expenses rose to ¥15,862,545.15 from ¥14,449,905.84, highlighting the company's commitment to innovation[26] - The cash outflow from investing activities amounted to $141.30 million, significantly higher than $75.94 million in the prior period[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 74,371[15] - The first phase of the employee stock ownership plan holds 3,500,000 shares, accounting for 0.96% of the total share capital[18] - As of March 31, 2025, the company had 11 valid holders under the employee stock ownership plan[18] - The company repurchased 1,420,000 shares, representing 0.39% of the total share capital as of March 31, 2025[18] Regulatory and Accounting Changes - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[29] - The new accounting standards will be implemented starting in 2025, which may impact future financial reporting[29]