KJS(SH:601579)2025-04-28 14:20Financial Performance - The company's operating revenue for Q1 2025 was CNY 481,291,895.94, representing a 10.10% increase compared to CNY 437,144,435.35 in the same period last year[4] - The net profit attributable to shareholders was CNY 93,743,222.29, a slight increase of 1.70% from CNY 92,179,385.79 year-over-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 92,578,689.05, up 12.72% from CNY 82,132,175.02 in the previous year[4] - The net cash flow from operating activities was CNY 78,108,604.74, a significant recovery from a negative cash flow of CNY -62,517,540.59 in the same period last year[4] - Total operating revenue for Q1 2025 reached ¥481,291,895.94, an increase of 10.1% compared to ¥437,144,435.35 in Q1 2024[19] - Net profit for Q1 2025 was ¥93,646,703.99, slightly higher than ¥92,640,316.31 in Q1 2024, indicating a growth of 1.1%[21] - The net cash flow from operating activities for Q1 2025 was ¥78,108,604.74, a significant improvement from a net outflow of ¥62,517,540.59 in Q1 2024[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,656,677,662.62, reflecting a 2.05% increase from CNY 4,563,115,630.15 at the end of the previous year[5] - Total current assets increased to ¥2,324,701,886.28 from ¥2,209,583,173.30, reflecting a growth of approximately 5.2%[14] - Total current liabilities slightly decreased to ¥718,163,159.58 from ¥718,250,255.45[15] - The total liabilities amounted to ¥822,936,954.19, slightly down from ¥823,021,625.71 in the previous period[16] - The company reported a total of 42,532,597.42 in long-term equity investments, showing stability compared to the previous period[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,359[10] - The largest shareholder, Zhongjianxin (Zhejiang) Venture Capital Co., Ltd., holds 149,158,200 shares, accounting for 31.11% of total shares[10] - Shareholders' equity attributable to the parent company increased by 2.53% to CNY 3,803,726,183.51 from CNY 3,709,982,961.22 at the end of the previous year[5] - The total equity attributable to shareholders increased to ¥3,803,726,183.51 from ¥3,709,982,961.22, showing a growth of 2.5%[16] Expenses - Research and development expenses increased by 62.50% due to a rise in the number of R&D projects and increased investment in these projects[7] - Sales expenses rose by 58.43% driven by higher compensation for sales personnel and increased promotional expenses[7] - Research and development expenses increased to ¥16,296,978.14 in Q1 2025, compared to ¥10,028,964.81 in Q1 2024, marking a rise of 62.3%[19] - Sales expenses rose to ¥106,378,686.25 in Q1 2025, up from ¥67,145,716.22 in Q1 2024, reflecting a growth of 58.4%[19] Cash Flow - The net cash flow from investing activities was -1,094,739.33, a decrease from 20,235,673.53 in the previous period[25] - The net cash flow from financing activities was -1,001,833.34, a significant decline from -29,885,563.39 in the previous period[25] - The net increase in cash and cash equivalents was 76,012,032.07, contrasting with a decrease of -72,167,430.45 in the previous period[25] - The ending balance of cash and cash equivalents was 898,165,391.15, up from 647,434,932.44 previously[25] - The beginning balance of cash and cash equivalents was 822,153,359.08, indicating a strong liquidity position[25] Other Income and Tax - The company received government subsidies that contributed to an 84.84% increase in other income[7] - The company reported a 100% decrease in cash received from tax refunds compared to the previous year, indicating no tax refunds were received in the current period[7] Accounting Standards - The company plans to implement new accounting standards starting in 2025, which may affect financial reporting[25]