AVE(SH:688067)2025-04-28 09:10Financial Performance - The company's operating revenue for Q1 2025 was ¥53,295,253.92, representing a 13.85% increase compared to ¥46,813,824.02 in the same period last year[4] - Net profit attributable to shareholders was ¥6,321,040.42, up 24.63% from ¥5,071,817.72 year-on-year[4] - The net profit after deducting non-recurring gains and losses increased by 48.77%, reaching ¥5,007,114.43 compared to ¥3,365,606.80 in the previous year[4] - The basic and diluted earnings per share were both ¥0.09, reflecting a 28.57% increase from ¥0.07 in the same period last year[4] - Total operating revenue for Q1 2025 reached CNY 53,295,253.92, an increase of 13.4% compared to CNY 46,813,824.02 in Q1 2024[19] - Net profit for Q1 2025 was CNY 6,321,040.42, representing a 24.6% increase from CNY 5,071,817.72 in Q1 2024[20] - Earnings per share for Q1 2025 were CNY 0.09, compared to CNY 0.07 in Q1 2024[21] - The company reported a total comprehensive income of CNY 6,322,648.15 for Q1 2025, compared to CNY 4,968,248.89 in Q1 2024[21] Cash Flow and Liquidity - The company's cash flow from operating activities turned positive with a net amount of ¥727,164.85, a significant improvement from a negative cash flow of ¥7,769,140.24 in the previous year[4] - Cash flow from operating activities for Q1 2025 was CNY 727,164.85, a significant improvement from a negative cash flow of CNY -7,769,140.24 in Q1 2024[24] - Cash inflow from investment activities in Q1 2025 was CNY 48,790,299.14, compared to CNY 36,589,680.31 in Q1 2024[24] - Cash outflow from investment activities for Q1 2025 totaled CNY 63,976,600.76, down from CNY 88,878,758.00 in Q1 2024[24] - The net increase in cash and cash equivalents was -$14,462,438.09, compared to -$60,051,475.20 in the previous period[25] - The beginning balance of cash and cash equivalents was $53,722,449.10, down from $82,800,209.95[25] - The ending balance of cash and cash equivalents was $39,260,011.01, compared to $22,748,734.75 in the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥558,947,090.68, a slight decrease of 0.37% from ¥560,997,764.86 at the end of the previous year[5] - The total liabilities decreased to CNY 56,855,378.76 from CNY 65,152,523.33, indicating a reduction of approximately 12.5%[16] - The total non-current assets decreased to CNY 205,517,016.32 from CNY 255,580,492.79, a decline of approximately 19.6%[15] - The company's total equity remained stable at CNY 234,815,828.70 as of both reporting dates[16] Shareholder Information - The total number of common shareholders at the end of the reporting period was 3,605[10] - The company reported a total of 722,000 shares held in the repurchase account, accounting for 1.06% of the total share capital[12] - The company has not identified any significant changes in the participation of major shareholders in margin trading or securities lending activities[12] - There are no known related party transactions among the major shareholders, except for familial relationships disclosed[12] Research and Development - Research and development expenses totaled ¥5,906,072.09, an increase of 11.06% from ¥5,317,736.12, accounting for 11.08% of operating revenue[5] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19]