协创数据(300857) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 reached ¥2,077,320,431.29, representing an 18.11% increase compared to ¥1,758,870,895.53 in the same period last year[5] - Net profit attributable to shareholders was ¥169,210,530.88, a 4.29% increase from ¥162,245,470.40 year-on-year[5] - The company reported a basic earnings per share of ¥0.69, up 2.99% from ¥0.67 in the same period last year[5] - Total operating revenue for the current period reached ¥2,077,320,431.29, an increase of 18.1% compared to ¥1,758,870,895.53 in the previous period[22] - Net profit attributable to the parent company increased to ¥1,623,463,623.06, compared to ¥1,454,253,092.18 in the previous period, reflecting a growth of 11.6%[22] - The net profit for the current period is 165,032,477.87, an increase from 162,549,326.12 in the previous period, representing a growth of approximately 1.52%[23] - The company reported a total comprehensive income of 164,348,614.20, slightly up from 161,720,854.89 in the previous period[23] Cash Flow and Assets - The net cash flow from operating activities was -¥592,398,595.22, a decline of 144.35% compared to -¥242,436,340.75 in the previous year[5] - Cash and cash equivalents at the end of the period were ¥2,465,919,973.26, up 61.5% from ¥1,527,411,940.42 at the beginning of the period[20] - Cash and cash equivalents at the end of the period amounted to 2,405,740,940.43, up from 1,439,976,190.96 in the previous period, marking an increase of about 67.00%[26] - The cash outflow from investing activities was -779,523,772.38, worsening from -110,597,752.43 in the previous period[25] - Total assets increased by 36.85% to ¥9,996,559,998.99 from ¥7,304,501,616.24 at the end of the previous year[5] - Total liabilities increased to ¥6,577,391,723.02, a rise of 62.0% from ¥4,065,947,897.68 in the previous period[21] - Non-current assets totaled ¥2,216,474,004.29, up 49.6% from ¥1,483,397,473.13 at the start of the period[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,875[10] - The largest shareholder, Xiechuang Smart Technology Co., Ltd., holds 20.47% of the shares, with 14,000,000 shares pledged[11] Research and Development - R&D expenses for the period amounted to RMB 44.49 million, representing a year-on-year growth of 3.19%[14] - Research and development expenses for the current period were ¥44,485,513.70, slightly up from ¥43,112,018.76 in the previous period[22] - The company is actively investing in the development of self-researched storage chips to enhance competitiveness in the smart storage sector[14] Business Expansion and Strategy - The company plans to expand its market presence and invest in new product development to drive future growth[5] - The smart storage business continued to grow rapidly, driven by the increasing demand for high-capacity and high-performance storage devices in the AI era[14] - The smart IoT business is expanding into overseas markets, leveraging technological advantages in smart home and security products[15] - The cloud service business is centered around a "connection + intelligent computing" model, enhancing efficiency by over 30% in management through AI applications[16] - The server remanufacturing business is experiencing increased demand due to the AI infrastructure wave, with a focus on optimizing production processes[18] - The company plans to explore new business models in the server remanufacturing sector to improve profitability[18] Inventory and Costs - Total operating costs amounted to ¥1,848,876,020.98, up 19.4% from ¥1,548,929,967.13 in the prior period[22] - Inventory increased to ¥2,201,761,456.16, a rise of 16.5% from ¥1,890,289,093.12 at the start of the period[20] Asset Quality and Impairment - The company incurred asset impairment losses of -11,740,093.13, compared to -7,743,708.15 in the previous period, indicating a deterioration in asset quality[23] - The company’s other comprehensive income after tax was -683,863.67, slightly improved from -828,471.23 in the previous period[23]