Cubic(688665)2025-04-27 09:25Financial Performance - The company's operating revenue for Q1 2025 was CNY 215,470,777.38, representing a 51.88% increase compared to CNY 141,871,852.46 in the same period last year[4]. - Net profit attributable to shareholders was CNY 32,751,739.40, up 64.98% from CNY 19,851,687.19 year-on-year[4]. - The net profit after deducting non-recurring gains and losses increased by 89.38%, reaching CNY 31,998,537.77 compared to CNY 16,896,491.77 in the previous year[4]. - Basic and diluted earnings per share were both CNY 0.33, reflecting a 65.00% increase from CNY 0.20 in the same quarter last year[4]. - Operating profit for Q1 2025 was ¥37,938,675.09, up 74.0% from ¥21,795,905.89 in Q1 2024[20]. - Net profit for Q1 2025 was ¥32,350,231.77, representing a 59.3% increase compared to ¥20,300,343.95 in Q1 2024[20]. Research and Development - The company's R&D investment totaled CNY 27,260,267.46, a 34.00% increase from CNY 20,343,203.41 in the previous year[4]. - Research and development expenses for Q1 2025 were ¥27,260,267.46, up 33.9% from ¥20,343,203.41 in Q1 2024[19]. - The proportion of R&D investment to operating revenue decreased by 1.69 percentage points to 12.65%[5]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,573,786,025.84, a 1.29% increase from CNY 1,553,680,412.01 at the end of the previous year[5]. - The company's total assets amounted to RMB 1,573,786,025.84, an increase from RMB 1,553,680,412.01 as of December 31, 2024, reflecting a growth of approximately 1.4%[15]. - Total liabilities decreased to ¥463,840,593.00 in 2025 from ¥481,682,754.73 in 2024, a reduction of approximately 3.5%[17]. - Non-current liabilities increased to ¥88,370,064.27 in 2025 from ¥61,557,937.89 in 2024, an increase of 43.5%[17]. - The total liabilities increased to RMB 1,573,786,025.84, reflecting a rise in financial obligations[16]. Cash Flow - Cash inflow from operating activities for Q1 2025 was $204.70 million, up from $142.29 million in Q1 2024, representing an increase of 43.8%[23]. - Net cash flow from operating activities was -$27.78 million in Q1 2025, slightly worse than -$26.39 million in Q1 2024[23]. - Cash inflow from investment activities was $33.30 million in Q1 2025, compared to $290,300 in Q1 2024, indicating a significant increase[24]. - Net cash flow from investment activities improved to $15.03 million in Q1 2025 from -$37.93 million in Q1 2024[24]. - Cash inflow from financing activities totaled $63.68 million in Q1 2025, while there was no inflow recorded in Q1 2024[24]. - Net cash flow from financing activities was $37.83 million in Q1 2025, a recovery from -$304,591 in Q1 2024[24]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 4,849[10]. - The largest shareholder, Wuhan Youhui Technology Co., Ltd., holds 45.00% of the shares, totaling 45,045,000 shares[11]. - The company has not reported any significant changes in shareholder relationships or actions during the reporting period[13].