星网锐捷(002396) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 reached ¥3,485,073,054.21, representing an increase of 11.02% compared to ¥3,139,013,847.42 in the same period last year[5] - Net profit attributable to shareholders was ¥42,121,433.26, a significant increase of 264.63% from ¥11,551,866.79 in the previous year[5] - The net profit after deducting non-recurring gains and losses surged to ¥29,508,952.72, up 8,829.05% from ¥330,482.57 year-on-year[5] - Basic earnings per share increased to ¥0.0726, reflecting a growth of 264.82% compared to ¥0.0199 in the same period last year[5] - The company reported a significant increase in investment income, which rose to ¥5,110,602.19, a 731.63% increase from a loss of ¥809,111.95 in the same period last year[9] - The company reported a net profit for the current period of 111,747,091.11 CNY, compared to 24,277,976.17 CNY in the previous period, indicating a significant increase[20] - The total comprehensive income attributable to the parent company was 42,185,979.90 CNY, compared to 10,850,502.75 CNY in the previous period[20] - The company recorded an operating profit of 60,878,191.49 CNY, a turnaround from an operating loss of -34,561,607.24 CNY in the previous period[20] - The company reported a total profit of 66,775,880.31 CNY, compared to a total loss of -35,178,201.51 CNY in the previous period, showing a significant recovery[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥16,560,755,772.87, a slight increase of 0.19% from ¥16,528,583,768.68 at the end of the previous year[5] - The total liabilities decreased to ¥6,906,836,981.93 from ¥7,000,625,172.42, a reduction of 1.33%[17] - Cash and cash equivalents decreased to ¥2,188,984,328.44 from ¥2,957,966,343.84, a decline of 26.00%[16] - Inventory increased significantly to ¥5,397,066,772.36, up 20.73% from ¥4,470,351,441.90[16] - Short-term borrowings increased by 36.99% to ¥2,337,708,266.97 from ¥1,706,430,044.84 at the beginning of the year, primarily due to increased short-term bank loans from subsidiaries[9] Cash Flow - The company's cash flow from operating activities showed improvement, with a net outflow of ¥1,051,137,672.40, a reduction of 44.68% compared to the outflow of ¥1,900,247,172.61 in the previous year[5] - Net cash flow from operating activities decreased by 44.68% year-on-year, amounting to ¥1,051,137,672.40[10] - Net cash flow from investing activities improved by 115.50% year-on-year, reaching ¥41,037,877.43, mainly due to the recovery of investments and reduced cash outflows for fixed assets[10] - Net cash flow from financing activities decreased by 74.54% year-on-year, totaling ¥296,647,987.79, primarily due to reduced short-term bank borrowings from subsidiaries[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 61,154[12] - The largest shareholder, Fujian Electronic Information (Group) Co., Ltd., holds 26.26% of shares, totaling 154,551,950 shares[12] - The second-largest shareholder, Hong Kong Central Clearing Limited, holds 6.38% of shares, totaling 37,549,016 shares[12] - The company has no preferred shareholders with restored voting rights[12] - There are no significant changes in the shareholding structure of the top ten shareholders compared to the previous period[13] Operating Costs - Total operating revenue for the current period reached ¥3,485,073,054.21, an increase of 11.03% compared to ¥3,139,013,847.42 in the previous period[19] - Total operating costs amounted to ¥3,458,959,179.35, up from ¥3,250,652,960.79, reflecting a growth of 6.41%[19] - Research and development expenses were ¥502,118,035.40, slightly down from ¥529,208,196.05, indicating a decrease of 5.13%[19] Investment and Impairment - The fair value gains from investments amounted to ¥444,416.78, a 118.60% increase compared to a loss of ¥2,388,710.74 in the previous year[9] - The company recorded an asset impairment loss of ¥42,804,710.91, which is a 251.14% increase from ¥12,190,090.83 in the same period last year, primarily due to increased inventory write-downs[9] - Asset disposal income increased by 99.85% year-on-year, reaching ¥1,107,011.03[10] - Non-operating income rose by 269.42% year-on-year, totaling ¥8,171,740.65, primarily due to compensation and penalty payments received[10]