航天宏图(688066) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for the first quarter was ¥123,769,303.21, representing a decrease of 44.10% compared to ¥221,407,985.11 in the same period last year[4] - The net profit attributable to shareholders was -¥114,730,075.16, an improvement from -¥150,679,354.92 year-on-year[4] - The net profit for the first quarter of 2025 was -115,438,443.66 RMB, compared to -150,913,216.97 RMB in the same period of 2024, indicating an improvement of approximately 23.5% year-over-year[20] - Operating profit for the first quarter of 2025 was -121,016,871.55 RMB, a slight improvement from -159,079,225.39 RMB in the first quarter of 2024[20] - The company reported a total comprehensive income of -115,348,607.08 RMB for the first quarter of 2025, compared to -150,955,829.48 RMB in the first quarter of 2024[20] Research and Development - Research and development expenses totaled ¥79,910,451.98, accounting for 64.56% of operating revenue, an increase of 27.04 percentage points from 37.52% in the previous year[5] - Research and development expenses for the first quarter of 2025 were 69,214,078.52 RMB, slightly down from 71,304,580.59 RMB in the first quarter of 2024[20] Cash Flow and Liquidity - The net cash flow from operating activities was -¥112,958,011.35, an improvement from -¥392,096,508.90 year-on-year[5] - Cash flow from operating activities for the first quarter of 2025 was -112,958,011.35 RMB, an improvement from -392,096,508.90 RMB in the first quarter of 2024[22] - Cash flow from financing activities in the first quarter of 2025 was 318,773,426.53 RMB, compared to -57,770,407.75 RMB in the same period of 2024, showing a significant turnaround[23] - Cash and cash equivalents increased to RMB 357,246,328.08 as of March 31, 2025, compared to RMB 179,665,005.30 at the end of 2024, representing a growth of 98.9%[14] - The cash and cash equivalents at the end of the first quarter of 2025 were 300,033,379.95 RMB, compared to 510,442,105.64 RMB at the end of the first quarter of 2024[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,942,763,153.74, reflecting a 3.55% increase from ¥4,773,096,881.20 at the end of the previous year[5] - Total assets as of March 31, 2025, were RMB 4,942,763,153.74, an increase from RMB 4,773,096,881.20 at the end of 2024[15] - Total liabilities increased to RMB 3,859,944,841.15 from RMB 3,573,338,691.47, reflecting a rise of 8.0%[16] - The company’s equity attributable to shareholders decreased to RMB 906,314,075.55 from RMB 1,020,953,448.02, a decline of 11.2%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,889[10] - The largest shareholder, Zhang Yan, holds 18.62% of the shares, totaling 48,649,024 shares[10] Earnings Per Share - The basic earnings per share were -¥0.44, compared to -¥0.58 in the same period last year[5] - The basic earnings per share for the first quarter of 2025 was -0.44 RMB, an improvement from -0.58 RMB in the first quarter of 2024[20] Other Financial Metrics - The weighted average return on net assets was -11.91%, compared to -6.81% in the same period last year[5] - The company reported non-recurring gains and losses totaling ¥683,499.26 for the period[7] - The company incurred financial expenses of 19,549,043.93 RMB in the first quarter of 2025, down from 30,262,714.09 RMB in the same period of 2024[20] Operational Highlights - Total operating costs for Q1 2025 were RMB 264,293,887.87, down 32.3% from RMB 390,878,458.85 in Q1 2024[18] - Total revenue from operating activities in the first quarter of 2025 was 283,513,853.51 RMB, compared to 237,581,273.02 RMB in the first quarter of 2024, reflecting an increase of about 19.3%[21] - Accounts receivable decreased to RMB 1,664,408,017.32 from RMB 1,769,869,172.03, a decline of 5.9%[14] - Inventory increased to RMB 995,002,134.36, up 12.4% from RMB 885,507,020.53[14] Strategic Outlook - The company has not indicated any new product launches or market expansion strategies during the reporting period[12]