Carthane(SH:603037)2025-04-28 14:30Financial Performance - The company's operating revenue for Q1 2025 was ¥158,853,594.08, representing a year-on-year increase of 19.52% compared to ¥132,908,717.21 in the same period last year[3]. - The net profit attributable to shareholders for Q1 2025 was ¥12,522,429.17, a 4.09% increase from ¥12,030,458.27 in the previous year[3]. - The basic earnings per share for Q1 2025 was ¥0.07, showing a 16.67% increase from ¥0.06 in the previous year[3]. - The company reported a net profit of CNY 335,770,699.39 for the first quarter of 2025, compared to CNY 323,248,270.22 in the same period of 2024, indicating a growth of approximately 3.2%[14][15]. - Net profit for Q1 2025 was ¥12,333,409.36, representing a 7.8% increase from ¥11,438,659.78 in Q1 2024[18]. Cash Flow - The net cash flow from operating activities surged by 144.82%, reaching ¥29,148,614.94, compared to ¥11,905,977.48 in the same period last year, primarily due to timing differences in customer payments[3][7]. - Cash flow from operating activities for Q1 2025 was ¥29,148,614.94, significantly higher than ¥11,905,977.48 in Q1 2024[20]. - Cash flow from operating activities for Q1 2025 was ¥153,207,720.47, compared to ¥139,568,926.58 in Q1 2024, indicating a growth of 9.8%[30]. - The ending cash and cash equivalents balance for Q1 2025 was ¥201,427,326.93, down from ¥236,137,401.36 in Q1 2024[21]. - The total cash outflow from operating activities was $164,191,970.52, compared to $190,925,458.37, indicating improved operational cash management[31]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,305,837,673.21, reflecting a 2.10% increase from ¥1,278,991,941.65 at the end of the previous year[4]. - Total liabilities rose to CNY 317,789,058.38 from CNY 312,154,642.81, marking an increase of approximately 1.9%[14]. - The total assets as of March 31, 2025, amounted to ¥1,386,428,044.47, up from ¥1,340,644,108.97 at the end of 2024, reflecting a growth of 3.4%[25]. - The total liabilities increased to ¥383,447,200.32 as of March 31, 2025, compared to ¥357,576,188.12 at the end of 2024, marking a rise of 7.2%[25]. Shareholder Equity - The equity attributable to shareholders increased by 2.23%, amounting to ¥979,870,213.23 compared to ¥958,469,877.43 at the end of the previous year[4]. - The company's total equity increased to ¥1,002,980,844.15 as of March 31, 2025, compared to ¥983,067,920.85 at the end of 2024, reflecting a growth of 2.0%[26]. Investment Activities - Cash flow from investing activities for Q1 2025 showed a net outflow of ¥75,486,348.00, compared to a net outflow of ¥44,976,883.91 in Q1 2024[21]. - The net cash flow from investment activities was -$77,575,594.47, a decline from a positive $10,584,189.42 in the prior period, reflecting increased investment expenditures[31]. - The company reported a financial income of ¥694,811.55 in Q1 2025, compared to ¥570,698.28 in Q1 2024, representing an increase of 21.8%[27]. Market Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[17]. - The company has maintained a consistent dividend policy, with retained earnings increasing to CNY 335,770,699.39 from CNY 323,248,270.22, reflecting a positive trend in profitability[14]. Other Financial Metrics - The weighted average return on equity was 1.29%, a slight decrease of 0.01 percentage points from the previous year[4]. - The company reported non-recurring gains of ¥385,763.95 for the period, after accounting for tax and minority interests[7]. - The company experienced a negative impact of -$310,728.16 from foreign exchange fluctuations on cash and cash equivalents[31]. - The company will not apply new accounting standards starting from 2025, maintaining current reporting practices[32].