NUG(SH:600051)2025-04-28 12:00Financial Performance - The company's operating revenue for Q1 2025 was CNY 322,033,610.11, representing a 61.40% increase compared to CNY 199,522,591.21 in the same period last year[4]. - Net profit attributable to shareholders reached CNY 13,958,560.64, a significant increase of 93.96% from CNY 7,196,554.33 year-on-year[4]. - Basic and diluted earnings per share both doubled to CNY 0.04, compared to CNY 0.02 in the same quarter last year, reflecting a 100% increase[4]. - Total revenue for Q1 2025 reached ¥322,033,610.11, a significant increase from ¥199,522,591.21 in Q1 2024, representing a growth of approximately 61.5%[16]. - Operating profit for Q1 2025 was ¥5,931,645.57, a turnaround from a loss of ¥2,566,920.08 in Q1 2024[16]. - The company's net profit margin improved significantly, with a profit total of ¥4,205,313.34 in Q1 2025 compared to a loss in the same period last year[16]. - The net profit attributable to the parent company's shareholders for Q1 2025 was ¥13,958,560.64, compared to ¥7,196,554.33 in Q1 2024, representing an increase of approximately 93.8%[17]. - The total comprehensive income attributable to the parent company's owners for Q1 2025 was ¥13,987,942.36, up from ¥7,223,667.98 in Q1 2024, reflecting a growth of about 93.5%[17]. Cash Flow and Liquidity - The net cash flow from operating activities improved dramatically to CNY 96,180,103.89, a 362.34% increase from a negative CNY 36,661,987.43 in the previous year[4]. - Operating cash flow for Q1 2025 was ¥96,180,103.89, a significant improvement from a negative cash flow of ¥36,661,987.43 in Q1 2024[19]. - Cash inflow from operating activities in Q1 2025 totaled ¥836,822,329.25, compared to ¥516,966,044.55 in Q1 2024, indicating an increase of approximately 61.9%[19]. - Cash outflow from operating activities in Q1 2025 was ¥740,642,225.36, compared to ¥553,628,031.98 in Q1 2024, which is an increase of about 33.8%[19]. - The net cash flow from investing activities for Q1 2025 was ¥110,072,630.37, a substantial rise from ¥8,293,084.01 in Q1 2024[20]. - The cash and cash equivalents at the end of Q1 2025 amounted to ¥1,074,570,380.75, compared to ¥1,142,186,316.32 at the end of Q1 2024[20]. - The company's cash and cash equivalents increased to ¥1,097,590,509.55 as of March 31, 2025, up from ¥965,534,569.49 at the end of 2024, reflecting a growth of approximately 13.7%[12]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,096,139,803.30, a decrease of 2.26% from CNY 5,214,070,295.44 at the end of the previous year[5]. - Total assets as of March 31, 2025, were ¥5,096,139,803.30, down from ¥5,214,070,295.44 at the end of 2024, a decrease of approximately 2.3%[14]. - Total liabilities decreased to ¥1,389,475,093.07 from ¥1,502,645,931.27, a reduction of about 7.5%[14]. - The company maintained a stable equity position with total equity of ¥3,706,664,710.23 as of March 31, 2025, slightly down from ¥3,711,424,364.17 at the end of 2024[14]. Shareholder Information - The company had a total of 22,768 common shareholders at the end of the reporting period, with the largest shareholder holding 29.08% of the shares[9]. - There were no significant changes in the shareholding structure or any related party transactions reported during the period[10]. Non-Recurring Gains and Losses - The company reported a total of CNY 5,253,587.57 in non-recurring gains and losses for the period, with significant contributions from government subsidies and financial asset disposals[6]. Credit Risk - The company reported a credit impairment loss of ¥10,964,848.93 in Q1 2025, compared to a much lower loss of ¥386,910.55 in Q1 2024, indicating increased credit risk[16].