Guosheng Intelligence(SH:688558)2025-04-28 08:30Financial Performance - The company's operating revenue for Q1 2025 was ¥286,121,000.28, representing a 16.48% increase compared to ¥245,638,452.99 in the same period last year[2] - Net profit attributable to shareholders was ¥34,633,567.42, a 30.43% increase from ¥26,553,249.01 year-over-year[2] - The net profit after deducting non-recurring gains and losses was ¥32,962,341.92, reflecting a 36.80% increase from ¥24,095,110.15 in the previous year[2] - Basic earnings per share rose to ¥0.26, up 30.00% from ¥0.20 in the same quarter last year[3] - The company's net profit for Q1 2025 reached CNY 35,349,163.33, a 31.7% increase compared to CNY 26,842,431.53 in Q1 2024[16] - Operating profit for the same period was CNY 39,118,698.50, up from CNY 29,328,540.68, reflecting a growth of 33.3%[16] - The total comprehensive income for Q1 2025 was CNY 35,349,163.33, compared to CNY 26,849,634.60 in Q1 2024, reflecting an increase of 31.5%[17] Expenses and Costs - Research and development expenses totaled ¥15,913,641.28, which is 5.56% of operating revenue, a slight decrease from 5.63% in the previous year[3] - Total operating costs for Q1 2025 were ¥252,605,042.51, up from ¥223,680,372.96 in Q1 2024, reflecting a growth of 12.9%[15] - Research and development expenses in Q1 2025 amounted to ¥15,913,641.28, compared to ¥13,837,334.72 in Q1 2024, indicating a rise of 15%[15] - The company adjusted its financial statements for Q1 2024, increasing operating costs by CNY 1,428,507.77 and decreasing selling expenses by the same amount due to new accounting standards[18] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 37.37% to ¥7,808,279.51, down from ¥12,468,299.56 in the previous year[5] - Cash and cash equivalents as of March 31, 2025, were ¥411,017,952.91, down from ¥539,073,379.81 as of December 31, 2024, a decrease of 23.8%[10] - The company experienced a decrease in cash and cash equivalents, with a net decrease of CNY 128,055,426.90, leading to an ending balance of CNY 411,017,952.91[21] - The company reported a significant increase in investment activity cash inflow, totaling CNY 273,540,742.32, although cash outflow for investment activities was CNY 408,363,492.40, resulting in a net cash flow of -CNY 134,822,750.08[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,140,779,046.39, a decrease of 0.28% from ¥2,146,869,722.60 at the end of the previous year[3] - Total assets as of March 31, 2025, were ¥2,140,779,046.39, slightly down from ¥2,146,869,722.60 at the end of 2024[12] - Total liabilities decreased to ¥453,976,549.49 from ¥496,159,396.28, a reduction of 8.4%[12] - The company's total equity increased to ¥1,686,802,496.90 from ¥1,650,710,326.32, reflecting a growth of 2.2%[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 7,347, with the top ten shareholders holding a combined 73.77% of the shares[6] - The company did not report any changes in the participation of major shareholders in margin financing or securities lending activities[10] Other Financial Metrics - The weighted average return on equity increased to 2.10%, up from 1.66% in the previous year, an increase of 0.44 percentage points[3] - The company reported non-recurring gains totaling ¥1,671,225.50 after tax, with significant contributions from asset disposals and investment management[5] - The company reported a credit impairment loss of CNY 660,927.00, contrasting with a gain of CNY -715,502.51 in the previous year, indicating a significant change in credit risk management[16]