明阳电路(300739) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥420,373,196.37, representing an increase of 11.82% compared to ¥375,946,764.95 in the same period last year[5] - Net profit attributable to shareholders was ¥12,020,149.12, a 36.73% increase from ¥8,791,176.34 year-on-year[5] - The net cash flow from operating activities reached ¥67,115,805.80, up 46.29% from ¥45,879,233.69 in the previous year[5] - The total operating revenue for the current period is CNY 420,373,196.37, an increase from CNY 375,946,764.95 in the previous period, representing a growth of approximately 11.4%[27] - The total profit for the current period is CNY 12,843,034.39, compared to CNY 9,072,493.68 in the previous period, indicating a growth of about 41.5%[28] - The operating profit for the current period is CNY 12,638,460.95, up from CNY 8,954,233.13, reflecting an increase of approximately 41.5%[28] - The net profit for the current period is CNY 11,911,586.98, an increase from CNY 8,536,057.05 in the previous period, representing a growth of approximately 39.5%[28] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,488,268,543.02, reflecting a 0.93% increase from ¥3,455,992,292.12 at the end of the previous year[5] - The company's total current assets as of March 31, 2025, are CNY 1,533,997,868.65, compared to CNY 1,504,444,585.99 at the beginning of the period, showing an increase of about 2%[25] - The total liabilities as of March 31, 2025, are CNY 1,068,566,172.10, up from CNY 1,051,632,739.41 at the beginning of the period, which is an increase of approximately 1.6%[26] - The total assets amount to CNY 3,488,268,543.02 as of March 31, 2025, compared to CNY 3,455,992,292.12 at the beginning of the period, indicating a growth of about 0.9%[26] Cash Flow - The cash flow from operating activities for the current period is CNY 67,115,805.80, compared to CNY 45,879,233.69 in the previous period, showing an increase of about 46.3%[32] - The cash flow from investing activities shows a net outflow of CNY 57,221,352.27, a decrease from a net inflow of CNY 12,097,122.01 in the previous period[32] - The company's cash and cash equivalents decreased to CNY 201,152,416.44 from CNY 252,441,306.57, representing a decline of approximately 20.3%[24] - The cash and cash equivalents at the end of the period amount to CNY 186,272,555.03, down from CNY 231,602,498.15 in the previous period, indicating a decrease of approximately 19.5%[32] Shareholder Information - Total number of common shareholders at the end of the reporting period is 27,571[16] - The largest shareholder, Fengxian Runjiaxi Enterprise Management Co., Ltd., holds 47.64% of shares, totaling 163,871,263 shares[16] - The second-largest shareholder, Fengxian Shengjian Enterprise Management Center (Limited Partnership), holds 1.90% of shares, totaling 6,537,800 shares[16] - The total number of restricted shares at the end of the period is 3,307,275 shares, with a reduction of 664,125 shares during the period[19] - The company plans to issue convertible bonds "Mingdian Convertible Bonds" in 2023, with a reduction of 2,649,004 shares expected in Q4 2024 due to conversion[21] - The company has a total of 1,109,700 shares under a stock incentive plan, which is subject to restrictions[19] - The company plans to repurchase and cancel a total of 39,000 shares of restricted stock from three departing incentive targets[22] Comprehensive Income - The other comprehensive income for the current period is CNY 3,324,121.25, compared to a loss of CNY 1,509,724.01 in the previous period[29] - The total comprehensive income for the current period is CNY 15,235,708.23, compared to CNY 7,026,333.04 in the previous period, reflecting an increase of approximately 116.5%[29] Operational Costs - The total operating costs for the current period amount to CNY 392,451,075.36, up from CNY 358,194,868.27 in the previous period, indicating an increase of about 9.5%[27] - The operating cost specifically for the current period is CNY 327,419,069.61, compared to CNY 287,069,115.12 in the previous period, reflecting a rise of approximately 14.1%[27] Other Information - The company reported a significant decrease in financial expenses, down 81.12% to ¥1,141,962.48 from ¥6,049,670.62 year-on-year[12] - Investment income decreased by 68.83% to ¥902,456.88 compared to ¥2,895,736.77 in the same period last year[12] - The company has not disclosed any new strategies or market expansions in the current reporting period[20] - There are no changes in the top 10 shareholders due to securities lending or borrowing activities[17] - The company has not reported any new product developments or technological advancements in the current period[20] - The company has not indicated any mergers or acquisitions in the current reporting period[20] - The basic earnings per share remained unchanged at ¥0.03, with diluted earnings per share also at ¥0.03[5]