NBTM(SH:600114)2025-04-28 10:10Financial Performance - The company's operating revenue for Q1 2025 reached CNY 1,459,313,194.63, representing a year-on-year increase of 32.41% compared to CNY 1,102,132,227.35 in the same period last year[3] - Net profit attributable to shareholders was CNY 111,698,354.75, up 37.61% from CNY 81,171,485.47 in the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 105,324,295.64, reflecting a 39.96% increase from CNY 75,252,950.22 year-on-year[3] - The basic earnings per share increased to CNY 0.18, a rise of 38.46% compared to CNY 0.13 in the same period last year[3] - The weighted average return on equity improved to 3.90%, an increase of 0.74 percentage points from 3.16%[3] - Total operating revenue for Q1 2025 reached ¥1,459,313,194.63, a 32.6% increase from ¥1,102,132,227.35 in Q1 2024[20] - Net profit for Q1 2025 was ¥146,447,501.96, representing a 65.4% increase compared to ¥88,559,772.49 in Q1 2024[21] - Earnings per share for Q1 2025 were ¥0.18, compared to ¥0.13 in Q1 2024[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,854,245,434.83, up 4.08% from CNY 7,546,622,963.72 at the end of the previous year[4] - Total assets increased to ¥7,854,245,434.83 in Q1 2025 from ¥7,546,622,963.72 in Q1 2024, reflecting a growth of 4.1%[17] - Total liabilities rose to ¥4,456,137,134.59 in Q1 2025, up from ¥4,285,120,831.07 in Q1 2024, indicating a 4.0% increase[17] - Non-current liabilities totaled ¥2,621,917,677.11 in Q1 2025, compared to ¥2,426,778,978.26 in Q1 2024, marking an 8.0% increase[17] Cash Flow - The cash inflow from operating activities for Q1 2025 was ¥932,199,981.93, an increase of 15.8% compared to ¥804,876,503.86 in Q1 2024[24] - The net cash flow from operating activities for Q1 2025 was ¥105,089,685.63, up 28.5% from ¥81,854,158.96 in Q1 2024[25] - The cash outflow for investing activities in Q1 2025 was ¥21,420,171.64, a decrease of 45.5% compared to ¥39,302,882.59 in Q1 2024[25] - The net cash flow from financing activities for Q1 2025 was ¥214,212,554.88, a significant improvement from a net outflow of ¥20,521,445.81 in Q1 2024[25] - The total cash and cash equivalents at the end of Q1 2025 amounted to ¥593,400,610.12, compared to ¥271,290,170.37 at the end of Q1 2024[26] - The cash inflow from financing activities in Q1 2025 was ¥466,000,000.00, compared to ¥130,800,000.00 in Q1 2024, indicating a substantial increase[25] Shareholder Information - The total number of common shareholders at the end of the reporting period was 43,633[9] - The company plans to distribute a cash dividend of RMB 0.30 per share, totaling approximately RMB 184,915,043.10, which represents 46.58% of the net profit attributable to shareholders for the year 2024[13] Business Operations - The main business revenue for the company reached CNY 1.45 billion, with significant contributions from MIM technology, which saw a 65.86% year-on-year growth[4] - The company issued approximately CNY 21.65 million in annual bonuses for 2024 during the reporting period[4] - The company reported accounts receivable of RMB 1,437,495,277.71 as of March 31, 2025, slightly down from RMB 1,453,799,119.16 at the end of 2024[15] - The long-term equity investments remained stable at RMB 257,751,869.07 compared to RMB 257,593,386.38 as of December 31, 2024[15] Acquisition and Regulatory Matters - The company is in the process of acquiring shares of Shanghai Fuchi High-Tech Co., Ltd., with the transaction involving both cash and stock issuance, subject to regulatory approvals[11] - The company’s total liabilities and equity are still under review as part of the ongoing audit and assessment for the acquisition transaction[12] - The company’s board meetings have approved significant adjustments to the acquisition plan, which may impact the financial metrics of the involved assets by over 20%[11] - The company has not engaged in any share lending activities through margin trading or stock borrowing as of the reporting date[11] Expenses - Total operating costs for Q1 2025 were ¥1,320,457,891.85, up 29.6% from ¥1,018,844,011.22 in Q1 2024[20] - The company reported a decrease in financial expenses from ¥27,679,747.81 in Q1 2024 to ¥18,004,938.19 in Q1 2025[21] - Research and development expenses increased to ¥79,363,794.57 in Q1 2025 from ¥76,582,948.95 in Q1 2024, showing a growth of 3.7%[21] Inventory and Current Assets - As of March 31, 2025, the total current assets amounted to RMB 3,631,069,503.83, an increase from RMB 3,268,562,003.31 as of December 31, 2024, reflecting a growth of approximately 11.1%[15] - The cash and cash equivalents increased significantly to RMB 616,713,610.12 from RMB 317,522,345.88, representing a growth of about 94.3%[15] - The total inventory decreased to RMB 1,064,587,956.72 from RMB 1,204,726,557.42, indicating a decline of approximately 11.6%[15]