Financial Performance - Operating revenue for the first quarter of 2025 reached CNY 156,439,591.85, representing a 106.60% increase year-on-year[12]. - Net profit attributable to shareholders for the first quarter of 2025 was CNY 5,195,069.10, up 48.81% from the same period last year[12]. - The company's operating revenue reached ¥156,439,591.85, an increase of 106.60% compared to the same period last year, primarily due to the consolidation of Vietnam Lisheng into the financial statements[15]. - Net profit for the period was ¥11,208,038.72, representing a significant increase of 275.40% compared to the previous year, driven by the consolidation of Vietnam Lisheng's profits[17]. - The company's net profit for the current period is CNY 11,208,038.72, compared to CNY 2,985,619.16 in the same period last year, representing a significant increase[46]. - The total comprehensive income for the current period is CNY 10,120,537.95, compared to CNY 3,123,594.82 in the same period last year, reflecting a substantial growth[46]. - The company's total profit for the current period is CNY 12,653,546.02, compared to CNY 2,014,907.38 in the previous year, marking a significant improvement[46]. Cash Flow - The net cash flow from operating activities increased significantly to CNY 12,904,451.31, a rise of 8,446.67% compared to the previous year[12]. - Operating cash flow for Q1 2025 was ¥12,904,451.31, a significant increase compared to ¥150,988.03 in Q1 2024, indicating strong operational performance[50]. - Total cash inflow from operating activities reached ¥164,086,484.61 in Q1 2025, up from ¥73,220,005.44 in the same period last year, reflecting a growth of approximately 124%[50]. - Cash flow from financing activities included ¥83,996,810.30 from borrowings in Q1 2025, which was essential for supporting operational needs[51]. - The company reported a significant increase in cash inflow from sales, totaling ¥160,355,805.32 in Q1 2025, compared to ¥69,181,280.34 in Q1 2024, marking a growth of approximately 132%[50]. Assets and Liabilities - Total assets as of March 31, 2025, were CNY 662,223,073.08, a decrease of 2.23% compared to the end of 2024[12]. - The company's total liabilities to assets ratio decreased to 29.44% from 32.51% year-on-year[12]. - The company has total liabilities of 194,946,864.91 yuan, compared to 220,183,626.56 yuan in the previous year, indicating a reduction in liabilities[40]. - The company's cash and cash equivalents increased to 78,460,567.52 yuan from 65,656,940.43 yuan year-over-year, reflecting a growth of approximately 19.5%[38]. - The total value of restricted assets is 153,772,720.08 yuan, which represents 23.22% of total assets[35]. - The company has pledged fixed assets worth 91,475,024.03 yuan, accounting for 13.81% of total assets[35]. Shareholder Information - Total outstanding shares amount to 58,700,000, with 47.82% being unrestricted shares[22]. - The largest shareholder, Dong Hongjiang, holds 15,554,000 shares, representing 26.50% of total shares[23]. - The second-largest shareholder, Chen Yuchuan, owns 10,300,000 shares, accounting for 17.55%[23]. - The proportion of restricted shares held by major shareholders is 76.82%[24]. - The company has 4,072 common shareholders as of the end of the reporting period[22]. Expenses and Investments - Operating costs amounted to ¥131,996,248.43, reflecting an 85.00% increase year-over-year, also attributed to the inclusion of Vietnam Lisheng[15]. - The company reported a 135.86% increase in financial expenses, totaling ¥956,636.32, primarily due to increased bank borrowings and interest expenses[15]. - Research and development expenses for Q1 2025 were ¥2,150,903.40, compared to ¥2,393,767.84 in Q1 2024, showing a decrease of approximately 10.1%[45]. - The company has incurred research and development expenses of CNY 1,851,751.75, slightly up from CNY 1,792,501.57 in the previous year[48]. Compliance and Governance - The company has committed to no violations of disclosed commitments as of the reporting period[33]. - The company has fulfilled its obligations regarding related party transactions in a timely manner[28]. - The company has no reported litigation or arbitration matters during the reporting period[28]. - There are no pledges or judicial freezes on shares held by major shareholders[26]. - The company has not engaged in any share buyback activities during the reporting period[28].
佳合科技(872392) - 2025 Q1 - 季度财报