Lion(SH:605358)2025-04-28 13:25Financial Performance - The company's operating revenue for Q1 2025 was CNY 820.44 million, representing a year-on-year increase of 20.82% compared to CNY 679.06 million in the same period last year[4]. - The net loss attributable to shareholders of the listed company was CNY 31.89 million, an increase of CNY 31.89 million compared to the previous year's loss[7]. - Basic and diluted earnings per share were both CNY -0.12, a decrease of CNY 0.03 compared to CNY -0.09 in the same period last year[5]. - The company reported a net loss attributable to shareholders of CNY 81.04 million, an increase in loss of CNY 17.88 million year-on-year[12]. - Net loss for Q1 2025 was ¥96,313,590.63, compared to a net loss of ¥93,662,365.56 in Q1 2024, reflecting a decline in profitability[18]. - Operating profit for Q1 2025 was -¥135,332,401.32, slightly worse than -¥128,887,431.15 in Q1 2024[18]. Cash Flow - The net cash flow from operating activities decreased by 67.53%, amounting to CNY 117.52 million, down from CNY 361.96 million in the previous year[4]. - Cash flow from operating activities for Q1 2025 was $117.52 million, a decrease of 67.5% compared to $361.96 million in Q1 2024[21]. - Total cash inflow from operating activities in Q1 2025 was $851.75 million, down 6.0% from $906.39 million in Q1 2024[21]. - Cash outflow from investing activities in Q1 2025 was $311.46 million, significantly reduced from $971.11 million in Q1 2024[22]. - Net cash flow from investing activities for Q1 2025 was -$214.76 million, an improvement from -$600.19 million in Q1 2024[22]. - Cash inflow from financing activities in Q1 2025 was $475.00 million, an increase of 47.4% compared to $321.98 million in Q1 2024[22]. - Net cash flow from financing activities for Q1 2025 was $220.34 million, up from $191.61 million in Q1 2024[22]. - The ending cash and cash equivalents balance for Q1 2025 was $2.12 billion, slightly down from $2.15 billion in Q1 2024[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,937.60 million, a slight increase of 0.28% from CNY 1,932.28 million at the end of the previous year[5]. - The company's total equity decreased to ¥8,240,620,389.89 in Q1 2025 from ¥8,333,763,454.07 in Q1 2024[16]. - The total liabilities increased to ¥11,135,358,117.24 in Q1 2025 from ¥10,989,067,038.38 in Q1 2024[16]. - The total non-current liabilities rose to ¥7,685,616,894.13 in Q1 2025, compared to ¥7,521,805,040.58 in Q1 2024[16]. Operational Metrics - The company experienced a 16.55% increase in operating costs, amounting to CNY 101.29 million, primarily due to increased sales volume[7]. - The sales volume of 6-inch semiconductor wafers reached 4.5775 million pieces, a year-on-year increase of 47.10%[11]. - The sales volume of 12-inch wafers was 398,900 pieces, equivalent to 1.5955 million 6-inch wafers, with a year-on-year growth of 132.72%[11]. - The gross profit margin improved to 13.07%, an increase of 3.19 percentage points compared to the previous year[12]. - Research and development expenses increased to ¥73,384,986.83 in Q1 2025, up from ¥62,831,745.98 in Q1 2024, indicating a focus on innovation[17]. Other Financial Metrics - Non-operating income and expenses resulted in a net non-recurring profit of CNY 220.26 million after tax impacts[6]. - Other payables increased by 152.22%, totaling CNY 12.38 million, mainly due to financing obtained through equipment pledges by a subsidiary[7]. - The company reported a total of ¥39,853,638.28 in other income for Q1 2025, down from ¥62,661,327.04 in Q1 2024[17]. - The weighted average return on net assets was -1.11%, a decrease of 0.31 percentage points from -0.80% in the previous year[5]. - The inventory at the end of the reporting period was CNY 1.266 billion, slightly down from CNY 1.277 billion at the end of the previous year[14]. - The company’s cash and cash equivalents amounted to CNY 2.337 billion, up from CNY 2.304 billion at the end of the previous year[14].