Financial Performance - The company's revenue for Q1 2025 reached ¥299,978,544.28, representing a year-on-year increase of 38.58% compared to ¥216,466,127.34 in the same period last year[3]. - Net profit attributable to shareholders decreased by 10.26% to ¥41,983,737.53 from ¥46,784,796.48 in the previous year[3]. - Basic and diluted earnings per share decreased by 32.26% to ¥0.21 from ¥0.31 in the same period last year due to an increase in share capital from the IPO[4]. - Net profit for Q1 2025 was ¥41,983,737.53, a decrease of 10.0% compared to ¥46,784,796.48 in Q1 2024[15]. - Total operating revenue for Q1 2025 reached ¥299,978,544.28, a 38.6% increase from ¥216,466,127.34 in Q1 2024[14]. - Total operating costs for Q1 2025 were ¥249,155,554.15, up 54.0% from ¥161,665,380.17 in Q1 2024[14]. - The company reported a decrease in tax expenses to ¥5,521,825.59 in Q1 2025 from ¥7,061,241.17 in Q1 2024[15]. Research and Development - The total R&D investment amounted to ¥18,069,065.65, a significant increase of 50.71% compared to ¥11,989,456.66 in the same period last year, accounting for 6.02% of revenue[4]. - The company plans to continue increasing its R&D investment to support business growth and technological advancements[6]. - Research and development expenses increased to ¥18,069,065.65 in Q1 2025, up from ¥11,989,456.66 in Q1 2024, reflecting a focus on innovation[14]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥30,736,997.61, a decline of 380.17% from ¥10,970,791.27 in the previous year[4]. - Cash flow from operating activities for Q1 2025 showed a net outflow of ¥30,736,997.61, compared to a net inflow of ¥10,970,791.27 in Q1 2024[16]. - Cash and cash equivalents were reported at ¥657,524,960.73, down from ¥750,584,577.01, indicating a decrease of about 12.38%[11]. - Cash and cash equivalents at the end of Q1 2025 totaled ¥654,962,379.62, down from ¥750,584,577.01 at the beginning of the period[17]. - Investment activities resulted in a net cash outflow of ¥110,222,786.54 in Q1 2025, compared to a net outflow of ¥17,823,470.42 in Q1 2024[17]. - Financing activities generated a net cash inflow of ¥44,897,248.52 in Q1 2025, reversing a net outflow of ¥1,299,924.55 in Q1 2024[17]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,986,875,238.45, a slight increase of 0.47% from ¥1,977,534,391.32 at the end of the previous year[4]. - The company's current assets decreased to ¥1,458,998,353.00 from ¥1,520,020,531.73, reflecting a decline of approximately 4.02%[12]. - Accounts receivable increased to ¥445,180,721.04 from ¥385,962,055.51, representing a growth of approximately 15.38%[11]. - Inventory levels rose to ¥278,055,576.39 from ¥266,376,338.39, marking an increase of about 4.88%[12]. - Total liabilities decreased to ¥459,323,669.94 from ¥495,076,439.34, a reduction of approximately 7.22%[13]. - The company's equity attributable to shareholders increased to ¥1,527,551,568.51 from ¥1,482,457,951.98, reflecting a growth of about 3.04%[13]. - Short-term borrowings rose to ¥44,976,833.33 from ¥39,026,833.33, an increase of approximately 15.06%[12]. Shareholder Information - The company reported a total of 16,288 common shareholders at the end of the reporting period[8]. - The top shareholder, You Li, holds 16.02% of the shares, with a total of 32,424,341 shares[8]. - The company has not reported any changes in the top 10 shareholders or any participation in margin financing or securities lending activities[10]. Return on Equity - The weighted average return on equity decreased to 2.79%, down 3.30 percentage points from 6.09% in the previous year[4]. Employee Compensation - The company reported a significant decrease in employee compensation payable, which fell to ¥11,805,999.88 from ¥24,334,984.52, a decline of about 51.65%[13].
先锋精科(688605) - 2025 Q1 - 季度财报