天玑科技(300245) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 reached ¥143,349,246.69, representing a 136.35% increase compared to ¥60,652,449.38 in the same period last year[5] - The net profit attributable to shareholders decreased slightly by 1.62% to ¥3,246,500.42 from ¥3,299,969.40 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥1,690,896.48, a significant recovery from a loss of ¥13,674,622.59 in the previous year, marking a 112.37% increase[5] - The net profit for the current period was ¥3,210,329.26, compared to ¥1,889,591.61 in the previous period, reflecting an increase of approximately 69.9%[18] - The total comprehensive income for the current period was ¥1,477,765.97, down from ¥1,894,299.48 in the previous period, reflecting a decrease of about 22%[18] Cash Flow - The net cash flow from operating activities improved to ¥9,772,449.85, compared to a negative cash flow of ¥73,118,722.93 in the same period last year, reflecting a 113.37% increase[5] - The net cash flow from operating activities was ¥9,772,449.85, a turnaround from a negative cash flow of -¥73,118,722.93 in the previous period[20] - Net cash flow from investment activities was -$336.97 million, a slight improvement from -$353.38 million in the previous period[21] - The cash flow from financing activities netted -$9.37 million, reflecting a decrease in cash outflows related to financing[21] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥1,593,961,558.81, up 2.32% from ¥1,557,803,791.80 at the end of the previous year[5] - Total current assets amount to 1,097,004,193.93 CNY, an increase from 1,062,580,243.88 CNY at the beginning of the period[14] - Total liabilities increased to 314,245,766.00 CNY from 279,317,261.08 CNY, reflecting a rise of about 12.5%[15] - The equity attributable to shareholders of the parent company was ¥1,280,009,749.29, slightly up from ¥1,278,744,316.04, indicating a marginal increase of about 0.1%[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 70,194[12] - The largest shareholder, Shenzhen Yulong Capital Investment Management Co., Ltd., holds 8.38% of shares, totaling 26,255,000 shares[12] Cash and Cash Equivalents - The company's cash and cash equivalents decreased by 52.51% to ¥304,463,639.28, primarily due to investments in principal-protected financial products[10] - Cash and cash equivalents decreased to 304,463,639.28 CNY from 641,170,131.35 CNY[14] - Total cash and cash equivalents at the end of the period amounted to $301.18 million, compared to $298.77 million in the prior period[21] - The company reported a cash balance at the beginning of the period of $637.76 million, down from $758.46 million previously[21] Inventory and Receivables - The accounts receivable decreased by 44.16% to ¥152,838,330.57, attributed to increased sales collections during the reporting period[10] - Inventory increased to 72,694,395.65 CNY from 59,794,600.54 CNY, showing an increase of approximately 21.5%[14] - Accounts receivable decreased to 152,838,330.57 CNY from 273,701,694.36 CNY, indicating a reduction of approximately 44%[14] Prepayments and Expenses - The company reported a significant increase in prepayments, which rose by 668.86% to ¥119,893,999.84, indicating higher advance payments for purchases[10] - Research and development expenses for the current period were ¥9,105,884.86, compared to ¥9,803,059.49 in the previous period, showing a decrease of approximately 7.1%[17] Accounting and Reporting - The first quarter report was not audited, indicating potential implications for financial transparency[22] - The company plans to implement new accounting standards starting in 2025, which may affect financial reporting[22]