Financial Performance - The company's revenue for Q1 2025 was CNY 135,751,952.94, representing a 2.71% increase compared to CNY 132,164,924.49 in the same period last year[5]. - Net profit attributable to shareholders decreased by 15.89% to CNY 16,246,865.52 from CNY 19,315,345.02 year-on-year[5]. - Basic and diluted earnings per share fell by 37.50% to CNY 0.25, primarily due to an increase in share capital from the previous year's IPO and a decrease in net profit[5][9]. - The total operating revenue for the current period is RMB 135,751,952.94, an increase from RMB 132,164,924.49 in the previous period, representing a growth of approximately 4.4%[21]. - The total operating costs for the current period are RMB 115,519,831.69, up from RMB 108,420,260.82 in the previous period, indicating an increase of about 6.5%[21]. - The company's net profit for the current period is CNY 16,246,865.52, a decrease of 16.5% compared to CNY 19,315,345.02 in the previous period[22]. - Operating profit for the current period is CNY 19,147,647.96, down from CNY 22,368,622.14, reflecting a decline of 14.3%[22]. - The company reported a total comprehensive income of CNY 16,246,865.52, down from CNY 19,315,345.02, reflecting a decrease of 16.5%[22]. Cash Flow and Investments - The net cash flow from operating activities improved by 29.47%, reaching CNY -10,799,565.46 compared to CNY -15,311,713.11 in the previous year[5]. - Cash flow from operating activities shows a net outflow of CNY -10,799,565.46, an improvement from CNY -15,311,713.11 in the previous period[24]. - The company generated CNY 108,331,649.60 in cash from sales, an increase of 15.2% from CNY 94,021,673.63 in the previous period[24]. - Investment activities resulted in a net cash outflow of CNY -111,213,144.49, worsening from CNY -44,273,621.60 in the previous period[24]. - Cash flow from financing activities resulted in a net inflow of CNY 16,704,021.23, compared to an outflow of CNY -3,380,631.10 in the previous period[25]. - The company received CNY 160,000,000.00 from investment recoveries, significantly higher than CNY 16,500,000.00 in the previous period[24]. Assets and Liabilities - Total assets increased by 2.67% to CNY 1,200,444,194.44 from CNY 1,169,176,819.18 at the end of the previous year[5]. - The total assets increased to RMB 1,200,444,194.44 from RMB 1,169,176,819.18, reflecting a growth of about 2.8%[20]. - The total liabilities rose to RMB 252,780,068.25 from RMB 237,759,558.51, an increase of approximately 6.3%[20]. - The company’s retained earnings increased to RMB 507,095,732.70 from RMB 490,848,867.18, showing a growth of about 3.3%[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,249[11]. Government Support and Future Plans - The company received government subsidies amounting to CNY 13,650.00, which are closely related to its normal business operations[7]. - The company plans to invest no less than RMB 35,000,000 in a new project for manufacturing silicon-based materials and intelligent printing equipment[16]. - The company has approved the use of up to RMB 500,000,000 of idle funds for cash management within 2025[13]. - The company is seeking a comprehensive credit facility of up to RMB 10,000,000 from Guangfa Bank and another RMB 10,000,000 from CITIC Bank, both with a term of 2 years[14]. Cash and Cash Equivalents - The company reported a significant increase in cash and cash equivalents, up 209.87% year-on-year, attributed to funds raised from the IPO[9]. - The cash and cash equivalents decreased to RMB 225,923,262.28 from RMB 322,925,908.12, a decline of approximately 30%[18]. - Total cash and cash equivalents at the end of the period is CNY 211,149,695.31, compared to CNY 64,908,545.50 at the end of the previous period[25]. - Trading financial assets surged by 650.00% year-on-year due to increased investments in short-term financial products[9].
长联科技(301618) - 2025 Q1 - 季度财报