KCT(SZ:002625)2025-04-28 10:45Financial Performance - The company's revenue for Q1 2025 was CNY 372,361,346.77, representing a 15.96% increase compared to CNY 321,102,103.66 in the same period last year[5]. - Net profit attributable to shareholders was CNY 150,522,743.41, up 10.82% from CNY 135,830,457.33 year-on-year[5]. - Basic earnings per share rose to CNY 0.07, reflecting a 16.67% increase from CNY 0.06 in the same quarter last year[5]. - Total operating revenue for the current period reached ¥372,361,346.77, an increase of 15.94% compared to ¥321,102,103.66 in the previous period[19]. - Net profit for the current period was ¥150,522,743.41, representing a 10.14% increase from ¥135,789,657.81 in the previous period[20]. - Earnings per share (EPS) for the current period was ¥0.07, compared to ¥0.06 in the previous period, indicating a growth of 16.67%[20]. Cash Flow - The net cash flow from operating activities reached CNY 325,991,911.07, a significant increase of 597.24% compared to a negative cash flow of CNY -65,560,720.69 in the previous year[5][9]. - The net cash flow from operating activities was ¥325,991,911.07, a significant improvement compared to the previous period's net cash flow of -¥65,560,720.69[21]. - Cash inflow from operating activities totaled ¥496,550,513.85, while cash outflow was ¥170,558,602.78, resulting in a positive cash flow from operations[21]. - The net cash flow from investing activities was negative at CNY -136,654,622.52, a 40.64% increase in outflow compared to the previous year[9]. - The net cash flow from investing activities was -¥136,654,622.52, an improvement from -¥230,226,443.68 in the previous period[21]. - The net cash flow from financing activities was -¥20,113,934.39, compared to -¥64,635,632.90 in the previous period, indicating reduced financing costs[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,166,796,624.18, a 2.49% increase from CNY 9,919,567,934.64 at the end of the previous year[5]. - Total liabilities rose to ¥1,082,023,667.81, up from ¥985,317,721.68, reflecting an increase of 9.83%[18]. - The total equity attributable to the parent company reached ¥9,084,772,956.37, an increase of 1.68% from ¥8,934,250,212.96[18]. Expenses - The company reported a significant increase in management expenses, which rose by 58.53% to CNY 24,154,711.73 due to higher depreciation and employee compensation[8]. - Total operating costs amounted to ¥191,115,289.23, up from ¥160,712,671.84, reflecting a growth of 18.93%[19]. - Research and development expenses were ¥19,084,774.05, a decrease of 19.06% from ¥23,685,149.58 in the previous period[19]. - The company reported a financial income of ¥27,951,682.24, down from ¥44,109,539.93, indicating a decline of 36.67%[19]. - Cash outflow for employee compensation increased to ¥95,690,676.37 from ¥59,978,655.59, indicating higher personnel costs[21]. Investments and Contracts - Investment income for the period was CNY 90,089.37, marking a 100% increase attributed to debt restructuring gains[8]. - The company signed a total of 78,011.7096 million RMB in new contracts for the production of metamaterials during the reporting period, which are unrelated to previously disclosed contracts[13]. - The company has a total of 71,408 million RMB in contracts signed with one customer and 6,603.7096 million RMB with another customer for the production of metamaterials[13]. Current Assets - The company’s cash and cash equivalents increased to 4,757,318,999.58 RMB from 4,550,316,052.03 RMB, reflecting a growth of approximately 4.56%[16]. - The company’s total current assets at the end of the reporting period amounted to 7,381,012,439.15 RMB, compared to 7,296,275,475.11 RMB at the beginning of the period, indicating a slight increase[16]. - Accounts receivable rose to 2,150,382,797.84 RMB from 1,824,534,584.68 RMB, indicating an increase of about 17.88%[16]. - The company’s inventory increased to 280,786,658.05 RMB from 220,406,942.10 RMB, representing a growth of approximately 27.38%[16]. - The company’s fixed assets increased to 1,166,531,105.09 RMB from 930,530,026.13 RMB, showing an increase of about 25.34%[16]. - The company’s intangible assets rose to 480,011,950.92 RMB from 413,652,243.01 RMB, reflecting an increase of approximately 16.06%[16]. Recognition and Support - The company’s subsidiary, Guangqi Advanced Technology, was recognized as a national "Little Giant" enterprise, which will lead to further financial support[14]. Other Information - The first quarter report was not audited, indicating that the financial results are preliminary and subject to change[23].