Financial Performance - The company's revenue for Q1 2025 reached ¥488,634,486.87, a significant increase of 958.26% compared to ¥46,173,505.58 in the same period last year[5] - Net profit attributable to shareholders was ¥21,651,236.47, marking a 334.14% increase from a loss of ¥9,247,081.48 in the previous year[5] - The net cash flow from operating activities improved to ¥13,104,822.87, a turnaround of 106.25% from a negative cash flow of ¥209,628,616.85 in the prior year[5] - Total operating revenue for the current period reached ¥488,634,486.87, a significant increase from ¥46,173,505.58 in the previous period[19] - Operating profit for the current period was ¥22,195,426.25, compared to a loss of ¥12,426,151.29 in the previous period[20] - Net profit for the current period was ¥21,550,469.07, recovering from a net loss of ¥9,387,242.93 in the previous period[20] - Basic and diluted earnings per share for the current period were both ¥0.1974, recovering from a loss of ¥0.0843 in the previous period[20] Assets and Liabilities - The company's total assets increased by 6.30% to ¥3,055,829,556.46 from ¥2,874,803,344.23 at the end of the previous year[5] - Total assets increased to ¥3,055,829,556.46 from ¥2,874,803,344.23, reflecting a growth of approximately 6.3%[18] - Total liabilities rose to ¥1,840,351,080.90, up from ¥1,680,875,337.74, indicating an increase of about 9.5%[18] - The total equity attributable to the parent company increased to ¥1,216,337,857.40 from ¥1,194,686,620.93, showing a growth of approximately 1.2%[18] Cash Flow - The company's cash and cash equivalents decreased from ¥192,567,435.02 to ¥110,167,410.18, a decline of approximately 42.8%[16] - Operating cash inflow for the current period was $375,344,768.94, a significant increase from $132,421,525.19 in the previous period, reflecting a growth of approximately 183%[23] - Net cash flow from operating activities was $13,104,822.87, a turnaround from a negative cash flow of -$209,628,616.85 in the previous period[23] - Cash inflow from investment activities totaled $251,574,772.97, down from $331,230,619.86, indicating a decrease of about 24%[23] - Net cash flow from investment activities was -$85,374,507.03, worsening from -$51,060,650.06 in the previous period[23] - Cash inflow from financing activities was $82,400,000.00, compared to $34,900,000.00 in the previous period, marking an increase of approximately 136%[24] - Net cash flow from financing activities was -$17,882,762.40, compared to -$1,066,689.19 in the previous period, indicating a decline in financing efficiency[24] - The ending cash and cash equivalents balance was $65,994,598.99, down from $114,160,083.11 in the previous period, a decrease of about 42%[24] - The company received $44,900,000.00 in borrowings, an increase from $34,900,000.00 in the previous period, reflecting a growth of approximately 29%[24] - Cash paid for purchasing fixed assets was $257,639,280.00, significantly higher than $12,141,269.92 in the previous period, indicating increased investment in capital expenditures[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,328[12] - The largest shareholder, Ouyang Hua, holds 36.17% of the shares, totaling 39,665,808 shares[12] - The company has a significant shareholder structure with the top 10 shareholders holding a combined total of 57.36% of the shares[12] Operational Changes - The company has implemented changes in accounting policies, resulting in adjustments to the classification of certain costs, which will not significantly impact the current financial status[5] - The company is exploring new strategies for market expansion and product development, although specific details were not disclosed in the call[12] Costs and Expenses - The operating costs surged by 1,130.95% to ¥434,554,997.47, driven by increased revenue from computing power projects[10] - The company experienced a 305.57% increase in taxes payable, amounting to ¥4,595,496.40, attributed to higher income tax provisions[9] - The financial expenses rose by 563.61% to ¥6,845,524.27, mainly due to increased interest expenses from expanded financing activities[10] - Research and development expenses for the current period were ¥11,501,504.25, compared to ¥10,867,323.13 in the previous period, reflecting an increase of about 5.8%[19] - The company reported a total operating cost of ¥465,264,029.17, up from ¥59,372,666.97 in the previous period[19] Inventory and Receivables - Accounts receivable increased from ¥558,870,368.98 to ¥771,481,601.01, representing a growth of about 38%[16] - Inventory decreased from ¥558,202,270.30 to ¥523,845,977.22, a reduction of approximately 6.1%[16] - The total current assets increased from ¥1,742,661,525.91 to ¥1,845,863,343.56, an increase of about 5.9%[16] - Long-term receivables decreased from ¥283,986,298.62 to ¥257,977,774.69, a decline of approximately 9.2%[16] - Fixed assets decreased from ¥234,449,860.23 to ¥230,872,560.28, a reduction of about 1.6%[16] Audit Information - The company did not conduct an audit for the first quarter report[25]
宏景科技(301396) - 2025 Q1 - 季度财报