SGC(603269)2025-04-28 11:10Revenue and Profit - Revenue for Q1 2025 was CNY 261,956,874.28, a decrease of 2.45% compared to CNY 268,536,530.70 in the same period last year[4] - Net profit attributable to shareholders increased by 47.02% to CNY 18,945,838.37 from CNY 12,886,713.87 year-on-year[4] - Net profit excluding non-recurring gains and losses rose by 31.92% to CNY 16,718,300.55 compared to CNY 12,673,520.67 in the previous year[4] - The net profit attributable to the parent company shareholders for Q1 2025 was CNY 18,945,838.37, an increase from CNY 12,886,713.87 in Q1 2024, representing a growth of approximately 47.5%[22] - The total operating profit for Q1 2025 was CNY 30,849,370.40, compared to CNY 15,754,271.40 in Q1 2024, indicating a year-over-year increase of about 95.7%[21] Cash Flow - Net cash flow from operating activities surged by 98.77% to CNY 20,380,720.81, up from CNY 10,253,493.30 year-on-year[4] - The cash flow from operating activities for Q1 2025 was CNY 20,380,720.81, up from CNY 10,253,493.30 in Q1 2024, reflecting a growth of approximately 99.5%[24] - The company reported a net cash increase of CNY 70,514,260.70 in Q1 2025, significantly higher than CNY 7,138,216.85 in Q1 2024, representing a growth of approximately 889.5%[26] - The investment activities generated a net cash flow of -CNY 2,077,540.47 in Q1 2025, an improvement from -CNY 10,873,050.14 in Q1 2024[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,494,971,600.51, reflecting a 2.38% increase from CNY 3,413,609,353.83 at the end of the previous year[5] - Current assets as of March 31, 2025, totaled CNY 2,943,505,799.36, an increase from CNY 2,862,461,527.44 as of December 31, 2024[15] - Total liabilities amounted to CNY 2,383,058,371.36 as of March 31, 2025, compared to CNY 2,337,880,339.95 at the end of 2024, indicating an increase of 1.93%[17] - The company's cash and cash equivalents increased to CNY 675,477,072.50 as of March 31, 2025, from CNY 622,961,077.03 at the end of 2024, representing an increase of 8.41%[15] Shareholder Equity - Shareholders' equity attributable to shareholders rose by 3.16% to CNY 1,074,498,296.08 from CNY 1,041,612,096.17 year-on-year[5] - The total equity attributable to shareholders reached CNY 1,074,498,296.08 as of March 31, 2025, compared to CNY 1,041,612,096.17 at the end of 2024, indicating an increase of 3.15%[17] Earnings Per Share - Basic and diluted earnings per share increased by 12.50% to CNY 0.09 from CNY 0.08 in the same period last year[4] - The company’s earnings per share (EPS) for Q1 2025 was CNY 0.09, compared to CNY 0.08 in Q1 2024, reflecting a growth of 12.5%[22] Operating Costs and Financial Performance - The total operating costs for Q1 2025 were CNY 237,009,149.12, down from CNY 257,316,176.31 in Q1 2024, indicating a decrease of about 7.9%[21] - The company’s financial expenses for Q1 2025 were CNY 7,561,012.87, compared to a financial income of CNY 2,326,533.91 in Q1 2024, showing a significant shift in financial performance[21] Non-Recurring Items - Non-recurring gains and losses totaled CNY 2,227,537.82 for the period[7] - The increase in net profit was primarily driven by higher project gross margins compared to the previous year[8] - The company received tax refunds and incentives totaling CNY 779,748.77 related to advanced manufacturing tax benefits[8]