NEO(600184)2025-04-28 14:00Financial Performance - The company's operating revenue for Q1 2025 was ¥305,567,977.24, representing a 33.04% increase compared to ¥229,686,978.37 in the same period last year[5] - The net profit attributable to shareholders was ¥958,395.33, a significant recovery from a loss of ¥9,335,395.94 in the previous year[5] - The basic and diluted earnings per share were both ¥0.0019, recovering from a loss of ¥0.0183 per share in the previous year[5] - Total operating revenue for Q1 2025 reached ¥305,567,977.24, an increase of 33.1% compared to ¥229,686,978.37 in Q1 2024[18] - Net profit for Q1 2025 was ¥1,205,238.09, a significant recovery from a net loss of ¥9,335,395.94 in Q1 2024[18] - Total comprehensive income for Q1 2025 was CNY 1,205,238.09, compared to a loss of CNY 9,335,395.94 in Q1 2024[22] - Basic and diluted earnings per share for Q1 2025 were CNY 0.0019, a significant improvement from a loss of CNY 0.0183 in Q1 2024[22] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 87.38%, amounting to ¥24,351,024.59, down from ¥193,019,256.75 in the same period last year[5] - The cash flow from operating activities for Q1 2025 was CNY 24,351,024.59, a decrease of 87.4% compared to CNY 193,019,256.75 in Q1 2024[24] - Cash and cash equivalents at the end of Q1 2025 amounted to CNY 527,983,953.08, down from CNY 701,830,314.47 at the end of Q1 2024[24] - The net increase in cash and cash equivalents for Q1 2025 was CNY 91,490,210.16, compared to CNY 134,823,924.88 in Q1 2024[24] - The cash outflow from investing activities in Q1 2025 was CNY 54,925,458.71, a decrease from CNY 57,737,806.71 in Q1 2024[24] Assets and Liabilities - The total assets at the end of the reporting period increased by 3.00% to ¥4,321,291,321.44 from ¥4,195,414,018.07 at the end of the previous year[5] - The total assets of the company as of March 31, 2025, were ¥4,321,291,321.44, compared to ¥4,195,414,018.07 at the end of 2024, marking an increase of 3.0%[12] - The total liabilities increased to ¥1,932,325,619.12 from ¥1,846,414,284.26, an increase of 4.6%[13] - The total liabilities as of March 31, 2025, were CNY 819,395.32, an increase from CNY 717,083.57 at the end of 2024[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,147[9] - The top three shareholders, including Northern Optoelectronics Group Co., Ltd., held a combined 56.85% of the shares, indicating strong ownership concentration[10] Research and Development - Research and development expenses for Q1 2025 were ¥19,580,826.68, significantly higher than ¥8,812,338.38 in Q1 2024, reflecting a growth of 121.0%[18] Other Income and Expenses - Government subsidies recognized in the current period amounted to ¥3,104,170.22, contributing positively to the financial results[7] - The company reported a significant increase in other income to ¥3,507,766.07 from ¥2,582,533.26, an increase of 35.6%[18] - The company reported other income of CNY 8,804.55 in Q1 2025, down from CNY 10,587.71 in Q1 2024[31] - The financial expenses for Q1 2025 included interest income of CNY 5,037.44, compared to CNY 6,482.12 in Q1 2024[31] - The company incurred sales expenses and management expenses totaling CNY 248,549.38 in Q1 2025[31] - The investment income from associates and joint ventures for Q1 2025 was CNY 1,726,023.53, compared to CNY 2,495,947.50 in Q1 2024[31] - The tax and additional charges for Q1 2025 amounted to CNY 40,983.51, slightly lower than CNY 43,176.26 in Q1 2024[31] Inventory and Receivables - Accounts receivable decreased to ¥784,858,741.77 from ¥973,001,842.89, a decline of 19.3%[11] - Inventory increased to ¥733,753,178.39, up 21.0% from ¥605,984,305.20[11]