Financial Performance - The company's revenue for Q1 2025 was ¥375,424,377.73, representing a 24.13% increase compared to ¥302,454,736.84 in the same period last year[5] - Net profit attributable to shareholders decreased by 61.20% to ¥7,165,340.92 from ¥18,468,365.84 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥5,908,767.95, down 63.99% from ¥16,409,230.45 in the previous year[5] - Basic and diluted earnings per share were both ¥0.04, a decline of 55.56% from ¥0.09 per share year-on-year[5] - The weighted average return on equity was 0.47%, down from 1.21% in the previous year, reflecting a decrease of 0.74%[5] - Total operating revenue for the current period reached ¥375,424,377.73, a significant increase from ¥302,454,736.84 in the previous period, representing a growth of approximately 24.1%[20] - Net profit for the current period was ¥4,191,634.88, down from ¥18,326,599.42 in the previous period, indicating a decline of approximately 77%[21] - The net profit attributable to the parent company's shareholders was ¥7,165,340.92, compared to ¥18,468,365.84 in the previous period, a decrease of around 61%[21] - The company reported a comprehensive income total of ¥3,277,151.28, down from ¥18,555,154.82 in the previous period, indicating a decrease of approximately 82.3%[21] Cash Flow and Investments - Operating cash flow decreased significantly by 93.99%, amounting to ¥2,352,580.31 compared to ¥39,122,101.10 in the same period last year[5] - Net cash flow from operating activities decreased to $2,352,580.31 from $39,122,101.10, indicating a significant decline of about 94%[23] - Cash outflow from investing activities was $103,078,788.78, compared to $74,686,899.00 in the previous period, reflecting an increase of approximately 38.1%[23] - Net cash flow from investing activities was -$102,536,372.29, worsening from -$20,877,399.00, indicating a decline of about 389%[23] - Cash inflow from financing activities increased to $241,395,503.95 from $96,342,349.64, marking a growth of approximately 150.1%[24] - Net cash flow from financing activities improved to $57,061,734.12 from $10,433,128.92, showing an increase of about 447.5%[24] - The ending cash and cash equivalents balance decreased to $256,292,193.55 from $424,837,580.67, a decline of approximately 39.6%[24] - The company received $7,092,824.14 from minority shareholders, significantly up from $650,000.00 in the previous period, representing an increase of approximately 988.9%[24] - Cash received from borrowings rose to $123,698,152.67 from $26,987,283.41, indicating an increase of about 359.5%[24] - The impact of exchange rate changes on cash and cash equivalents was a decrease of $131,844.00 compared to a decrease of $480,587.25 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,589,704,669.02, a slight increase of 0.24% from ¥2,583,611,354.02 at the end of the previous year[5] - Total liabilities were reported at ¥1,004,524,874.02, which is nearly unchanged from ¥1,004,071,037.40, indicating a stable liability position[19] - The total equity attributable to the parent company was ¥1,525,863,584.92, a slight increase from ¥1,523,819,270.19, reflecting a growth of about 0.1%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,433[11] - The company reported a total of 95,967,500 shares under lock-up agreements, with 37,500 shares released during the period[15] - The company has a total of 1,743,100 shares held in a repurchase account, representing 0.8934% of total shares[12] - The company plans to release locked shares on specific dates, with the earliest being December 12, 2026[14] - The company has a total of 9,125,000 shares under lock-up from Huian Zhonghui Investment Center, with no changes during the period[14] Operational Metrics - Total operating costs increased to ¥382,820,921.64 from ¥285,839,842.26, reflecting a rise of about 33.9%[20] - Research and development expenses rose to ¥13,525,293.43 from ¥9,053,692.67, marking an increase of approximately 49.5%[20] - The company reported a non-recurring gain of ¥1,256,572.97 for the period, after accounting for tax effects and minority interests[6] - The decline in net profit was primarily attributed to a decrease in gross profit margin and increased expenses at the subsidiary level[9] - Accounts receivable decreased from CNY 245,252,800.86 to CNY 230,328,997.89, a reduction of about 6%[17] - Inventory decreased from CNY 300,131,027.26 to CNY 289,705,755.29, reflecting a decline of approximately 3%[17] - Non-current assets increased from CNY 1,011,461,589.14 to CNY 942,599,158.67, indicating a decrease of about 6.8%[17] - The company’s fixed assets increased slightly from CNY 633,974,195.12 to CNY 636,037,543.23, showing a growth of about 0.33%[17]
南王科技(301355) - 2025 Q1 - 季度财报