Leadmicro(SH:688147)2025-04-28 10:35Revenue and Profitability - The company's revenue for Q1 2025 reached ¥510,288,574.65, representing a year-over-year increase of 198.95% compared to ¥170,694,733.82 in the same period last year[2] - Net profit attributable to shareholders was ¥84,102,906.38, a significant increase of 2,253.57% from ¥3,573,416.51 in the previous year[2] - The basic earnings per share rose to ¥0.1852, up 2,244.30% from ¥0.0079 in the same period last year[2] - Operating profit for Q1 2025 was ¥87,286,067.46, compared to a loss of ¥3,311,454.98 in Q1 2024, indicating a strong turnaround[16] - Net profit for Q1 2025 was ¥84,102,906.38, compared to a net profit of ¥3,573,416.51 in Q1 2024, reflecting a substantial improvement[16] - The basic earnings per share for Q1 2025 were ¥0.1852, compared to ¥0.0079 in Q1 2024, indicating a substantial increase in profitability per share[17] Research and Development - Research and development (R&D) expenses totaled ¥67,592,770.74, a decrease of 35.72% compared to ¥105,156,901.84 in the previous year[2] - R&D expenses accounted for 13.25% of revenue, a reduction of 48.36 percentage points year-over-year[3] - The decrease in R&D investment was attributed to the completion of several R&D projects that have reached industrial application[6] - Research and development expenses for Q1 2025 were ¥63,166,384.20, up from ¥53,972,076.67 in Q1 2024, indicating a focus on innovation[16] Cash Flow and Liquidity - The net cash flow from operating activities was -¥156,131,431.21, an improvement from -¥450,909,079.51 in the previous year[2] - Cash inflow from operating activities in Q1 2025 was ¥609,155,143.54, compared to ¥717,765,742.39 in Q1 2024, showing a decrease of about 15.1%[19] - The company reported a significant increase in cash received from sales, totaling ¥569,435,924.27 in Q1 2025, compared to ¥479,519,418.08 in Q1 2024[19] - The total cash and cash equivalents at the end of the period reached $1.84 billion, up from $991.40 million in the previous year[20] - The company reported a total cash outflow from operating activities of $765.29 million, compared to $1.17 billion in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,265,951,019.55, a slight increase of 0.06% from ¥8,261,133,470.64 at the end of the previous year[3] - The company's total liabilities decreased slightly to ¥5,597,649,626.99 in Q1 2025 from ¥5,665,744,857.01 in Q1 2024[15] - The total equity increased to ¥2,668,301,392.56 in Q1 2025 from ¥2,595,388,613.63 in Q1 2024, showing a growth of approximately 2.6%[15] - Cash and cash equivalents increased to ¥1,857,232,366.32 from ¥1,581,251,389.47, reflecting a growth of 17.4%[13] - Short-term borrowings rose to ¥1,491,582,247.74 from ¥1,362,214,688.48, an increase of 9.5%[13] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,403[9] - The largest shareholder, Wuxi Wanhaiying Investment Partnership, holds 232,581,624 shares, representing 50.82% of total shares[9] - The company has not reported any significant changes in shareholder relationships or actions during the reporting period[10] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may affect the financial statements[20]