Financial Performance - Operating revenue for Q1 2025 reached CNY 97,027,787.27, representing a 13.24% increase from CNY 85,681,307.95 in Q1 2024[10] - Net profit attributable to shareholders surged by 114.99% to CNY 12,068,392.62, up from CNY 5,613,390.44 in the same period last year[10] - The company reported a 124.52% increase in operating profit to CNY 13,717,758.37, driven by expanded business operations and a recovering consumer electronics market[12] - The net profit for Q1 2025 reached CNY 12,124,566.06, a significant increase from CNY 4,903,351.86 in Q1 2024, representing a growth of approximately 147.5%[38] - Operating revenue for Q1 2025 was CNY 97,231,364.81, up from CNY 86,738,220.23 in Q1 2024, indicating a year-over-year increase of about 12.8%[38] - The operating profit for Q1 2025 was CNY 13,792,529.96, compared to CNY 5,346,149.65 in Q1 2024, reflecting an increase of approximately 158.1%[38] - The total comprehensive income for Q1 2025 was CNY 12,124,566.06, up from CNY 4,903,351.86 in Q1 2024, indicating an increase of about 147.5%[39] - The total profit for Q1 2025 was CNY 13,792,583.46, significantly higher than CNY 5,346,362.80 in Q1 2024, representing an increase of approximately 158.1%[38] Cash Flow and Liquidity - The net cash flow from operating activities showed a significant decline of 579.83%, resulting in a net outflow of CNY 24,084,671.72, compared to a positive inflow of CNY 5,019,434.26 in Q1 2024[10] - The cash received from sales of goods and services in Q1 2025 was CNY 122,586,053.95, compared to CNY 94,116,844.91 in Q1 2024, reflecting an increase of about 30.3%[40] - The net cash flow from investment activities was 44,584,402.63 yuan, compared to a negative cash flow of -9,631,140.60 yuan in the previous year, indicating a significant improvement[41] - Operating cash flow generated a net outflow of -23,339,611.99 yuan in Q1 2025, contrasting with a net inflow of 5,167,799.14 yuan in Q1 2024[42] - The total cash inflow from financing activities was 40,000,000.00 yuan, with a net cash flow of 29,688,560.01 yuan after outflows[41] - The cash outflow for purchasing goods and services was 121,028,554.90 yuan, significantly higher than 52,235,233.38 yuan in the previous year[42] - The ending cash balance for Q1 2025 was 164,804,183.44 yuan, up from 113,960,281.55 yuan in Q1 2024[43] Assets and Liabilities - Total assets increased by 3.98% to CNY 561,751,529.85 as of March 31, 2025, compared to CNY 543,280,764.61 at the end of 2024[10] - Cash and cash equivalents rose by 41.59% to CNY 170,843,327.95, primarily due to the recovery of investment funds into current accounts[11] - Short-term borrowings increased by 76.91% to CNY 69,050,539.99, reflecting the company's need for additional financing to support production[11] - The total current assets amounted to ¥422,515,405.17, slightly up from ¥417,548,237.01 at the end of 2024[27] - The total current liabilities were ¥167,790,030.61, compared to ¥161,251,203.92 at the end of 2024[28] - Total liabilities increased to ¥173,682,923.44 as of March 31, 2025, compared to ¥167,255,607.44 at the end of 2024, reflecting a growth of approximately 3.0%[32] - Shareholders' equity rose to ¥393,033,390.61 as of March 31, 2025, up from ¥380,908,824.55 at the end of 2024, indicating an increase of about 3.0%[33] Shareholder Information - The total number of ordinary shareholders was 5,278 as of the report date[17] - The total number of shares held by the top ten shareholders is 58,289,190, accounting for 72.79% of the total shares[19] - Hu Xiaoyu and Hu Xiaotian, the top two shareholders, hold 32.17% and 20.53% of the shares respectively[19] - The company has no pledged or judicially frozen shares among the top shareholders[20] - There are no significant legal disputes or external guarantees reported during the period[23] - All disclosed commitments have been fulfilled without any violations during the reporting period[24] Research and Development - The company reported R&D expenses of ¥2,866,907.06 for Q1 2025, slightly higher than ¥2,638,379.81 in Q1 2024, indicating a focus on innovation[34] - Research and development expenses for Q1 2025 totaled CNY 2,866,907.06, slightly higher than CNY 2,638,379.81 in Q1 2024, showing an increase of about 8.7%[38] Inventory and Costs - Total operating costs for Q1 2025 were ¥84,729,121.90, compared to ¥80,744,104.72 in Q1 2024, indicating an increase of about 4.1%[34] - Inventory levels increased to ¥104,256,073.32 as of March 31, 2025, compared to ¥86,237,524.43 at the end of 2024, representing a growth of approximately 20.9%[31]
雅葆轩(870357) - 2025 Q1 - 季度财报