KedaTechnology(SH:603660)2025-04-28 09:05Financial Performance - The company's operating revenue for Q1 2025 was ¥285,643,234.65, representing a 42.06% increase compared to ¥201,075,290.78 in the same period last year[4]. - The net profit attributable to shareholders was -¥69,446,178.05, an improvement of 54.38% from -¥152,236,936.81 year-over-year[4][8]. - The basic earnings per share improved by 57.25%, reaching -¥0.1294 compared to -¥0.3027 in the previous year[4][8]. - The net loss for Q1 2025 was ¥71,683,485.64, an improvement from a net loss of ¥153,187,824.52 in Q1 2024, indicating a reduction of 53%[21]. - Total operating revenue for Q1 2025 reached ¥285,643,234.65, a significant increase of 42.1% compared to ¥201,075,290.78 in Q1 2024[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,203,721,689.37, a decrease of 2.85% from ¥2,268,367,958.48 at the end of the previous year[5]. - The equity attributable to shareholders decreased by 6.47%, amounting to ¥1,006,647,341.10 compared to ¥1,076,265,628.01 at the end of the previous year[5]. - Total liabilities increased slightly to ¥1,195,912,123.20 in Q1 2025 from ¥1,188,702,797.82 in Q1 2024, marking a 0.9% rise[17]. - The total current assets amounted to RMB 1.70 billion, down from RMB 1.80 billion, a decrease of about 5.3%[15]. Cash Flow - The net cash flow from operating activities was -¥178,854,867.06, slightly worse than -¥177,235,582.75 in the same period last year[4]. - Cash inflow from operating activities for Q1 2025 was $252,917,080.74, a decrease of 10.9% compared to $283,983,895.59 in Q1 2024[23]. - Total cash outflow from operating activities in Q1 2025 was $431,771,947.80, a decrease of 6.4% compared to $461,219,478.34 in Q1 2024[23]. - The ending cash and cash equivalents balance for Q1 2025 was $251,913,007.84, down from $544,991,682.67 in Q1 2024[24]. Investments and Shareholder Information - The company has 54,493 common shareholders at the end of the reporting period[10]. - The company plans to adjust the conversion price of "Keda Convertible Bonds" from RMB 6.36 to RMB 6.38 per share starting January 24, 2025[12]. - As of March 31, 2025, a total of RMB 679,000 of "Keda Convertible Bonds" were converted into common shares, accounting for 0.0215% of the total shares before conversion[13]. - The remaining unconverted "Keda Convertible Bonds" amounted to RMB 271.32 million, representing 52.58% of the total issued convertible bonds[13]. - The company intends to change the purpose of 3,243,680 repurchased shares to cancellation, reducing registered capital accordingly[13]. Operational Efficiency - The company attributed the revenue growth to market expansion and successful overseas business development efforts[8]. - The weighted average return on net assets improved to -6.67% from -15.19% year-over-year[5]. - Research and development expenses for Q1 2025 amounted to ¥118,742,687.72, down 11.8% from ¥134,661,937.86 in Q1 2024[20]. - The company reported non-recurring gains of ¥2,100,849.26, primarily from government subsidies and other non-operating income[6].