GATD(SH:688239)2025-04-28 11:40Financial Performance - The company's operating revenue for Q1 2025 was ¥421,927,003.21, a decrease of 26.99% compared to ¥577,885,209.57 in the same period last year[4] - Net profit attributable to shareholders was ¥42,839,627.97, down 23.20% from ¥55,778,219.40 year-on-year[4] - The net profit after deducting non-recurring gains and losses decreased by 38.00%, amounting to ¥32,169,106.64 compared to ¥51,882,924.83 in the previous year[4] - Total operating revenue for Q1 2025 was ¥421.93 million, a decrease of 26.9% compared to ¥577.89 million in Q1 2024[16] - Net profit for Q1 2025 was ¥46.37 million, a decline of 17.1% from ¥55.84 million in Q1 2024[17] - Operating profit for Q1 2025 was ¥51.36 million, a decrease of 28.7% compared to ¥72.12 million in Q1 2024[16] - The company reported a total comprehensive income of ¥46.84 million for Q1 2025, compared to ¥56.23 million in Q1 2024, reflecting a decrease of 16.5%[17] - Basic and diluted earnings per share for Q1 2025 were both ¥0.29, down from ¥0.38 in Q1 2024[17] Cash Flow and Liquidity - The net cash flow from operating activities was ¥36,007,308.97, a significant improvement from a negative cash flow of ¥47,051,299.28 in the same period last year[5] - Cash flow from operating activities for Q1 2025 was ¥36.01 million, a significant improvement from a negative cash flow of ¥47.05 million in Q1 2024[18] - Cash and cash equivalents at the end of Q1 2025 totaled ¥449.38 million, an increase from ¥227.54 million at the end of Q1 2024[19] - The company experienced a net cash outflow from investing activities of ¥317.23 million in Q1 2025, compared to a net outflow of ¥23.82 million in Q1 2024[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,327,954,356.26, reflecting a 0.96% increase from ¥4,286,635,290.67 at the end of the previous year[5] - The company's current assets decreased to CNY 2,930,925,250.94 from CNY 2,965,233,016.86, reflecting a decline of approximately 1.16%[12] - Cash and cash equivalents dropped significantly from CNY 768,456,123.76 to CNY 471,610,417.27, a decrease of about 38.7%[12] - Accounts receivable increased slightly to CNY 1,047,883,622.62 from CNY 1,042,744,128.86, indicating a growth of approximately 0.3%[12] - Inventory rose to CNY 949,261,677.76 from CNY 889,045,989.98, representing an increase of about 6.78%[12] - Total liabilities decreased marginally to CNY 2,421,955,876.10 from CNY 2,429,734,744.66, a reduction of approximately 0.32%[14] - The company's equity attributable to shareholders increased to CNY 1,878,151,159.95 from CNY 1,834,202,898.40, reflecting a growth of about 2.39%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 8,183, with the top ten shareholders holding a total of 32,512,355 shares, accounting for 22.00% of the total shares[9] Research and Development - Research and development expenses totaled ¥15,916,989.42, representing 3.77% of operating revenue, an increase of 0.36 percentage points from 3.41%[5] - Research and development expenses for Q1 2025 were ¥15.92 million, down 19.0% from ¥19.70 million in Q1 2024[16] Non-Recurring Items - The company reported a non-recurring gain of ¥10,670,521.33, primarily from government subsidies and other non-operating income[7] Borrowings - The company reported a decrease in short-term borrowings from CNY 272,091,377.57 to CNY 216,597,441.30, a decline of approximately 20.5%[14] - The company’s long-term borrowings increased to CNY 355,468,609.30 from CNY 296,784,055.80, an increase of about 19.7%[14] Profitability Ratios - The weighted average return on equity decreased to 2.31%, down from 3.24% in the same period last year, a decline of 0.93 percentage points[5]