Niutech(SH:688309)2025-04-28 15:15Financial Performance - The company's operating revenue for Q1 2025 reached ¥61,434,255.54, representing a 274.69% increase compared to ¥16,395,884.93 in the same period last year[4] - Net profit attributable to shareholders was ¥8,270,444.73, a 150.38% increase from ¥3,303,209.31 year-on-year[4] - The net profit after deducting non-recurring gains and losses surged by 983.01%, amounting to ¥7,735,718.60 compared to ¥714,276.71 in the previous year[4] - Basic earnings per share increased by 150.36% to ¥0.1034 from ¥0.0413 in the same period last year[4] - Net profit for Q1 2025 was ¥7,007,368.86, compared to ¥3,303,209.31 in Q1 2024, representing a growth of 112.9%[21] - Basic and diluted earnings per share for Q1 2025 were both ¥0.1034, compared to ¥0.0413 in Q1 2024, indicating an increase of 150.1%[21] Cash Flow - The net cash flow from operating activities was negative at -¥16,950,064.85, a decline of 401.42% compared to ¥5,623,486.62 in the same period last year[4] - Cash flow from operating activities in Q1 2025 was ¥33,511,482.86, down from ¥38,147,865.83 in Q1 2024, a decrease of 12.8%[23] - Total cash inflow from operating activities amounted to $44,858,088.05, up from $38,998,075.96[24] - Cash outflow for purchasing goods and services was $32,319,120.00, significantly higher than $16,160,818.90 previously[24] - The net cash flow from investment activities was -$32,360,615.72, compared to $17,381,988.73 in the prior period[24] - Cash inflow from financing activities totaled $9,000,000.00, with a net cash flow of $7,624,453.49[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥908,272,465.88, a slight decrease of 0.80% from ¥915,576,682.30 at the end of the previous year[5] - Total liabilities decreased to ¥141,993,863.24 from ¥166,626,165.13, a reduction of 14.7%[17] - The company's total non-current assets amounted to ¥463,521,244.00, an increase from ¥449,440,860.02[17] - The company's equity attributable to shareholders rose to ¥747,348,558.00 from ¥737,757,396.67, an increase of 1.8%[17] Research and Development - Research and development expenses totaled ¥1,852,414.91, down 20.71% from ¥2,336,176.15, with R&D expenses accounting for 3.02% of operating revenue, a decrease of 11.23 percentage points[5] Shareholder Information - The company had a total of 3,820 common shareholders at the end of the reporting period[9] - The top 10 shareholders collectively control 40.67% of the company's shares, with the actual controller being Mr. Niu Bin[11] - The company has not reported any changes in the shareholding structure due to share lending or borrowing activities[11] Other Financial Metrics - The weighted average return on equity rose to 1.11%, an increase of 0.66 percentage points from 0.45%[4] - Non-recurring gains and losses amounted to ¥534,726.13 after tax adjustments, with a significant portion attributed to other operating income[7] - The company's long-term equity investments remained stable at RMB 14,789,708.87, unchanged from the previous period[15] - The inventory decreased to RMB 50,006,424.45, down 6.9% from RMB 53,474,209.83[15] - The company's fixed assets increased slightly to RMB 294,283,488.29 from RMB 291,888,694.88, reflecting a growth of 1.3%[15] - The cash and cash equivalents decreased to RMB 169,546,185.73 from RMB 211,387,083.49, representing a decline of 19.8%[15] - Accounts receivable increased significantly to RMB 40,467,908.84, up 44.0% from RMB 28,077,416.55[15] - Deferred income tax assets increased to ¥16,432,041.36 from ¥15,881,101.91, reflecting a growth of 3.5%[17] - The ending cash and cash equivalents balance was $169,546,185.73, compared to $156,609,171.43 at the end of the previous period[25] - The company received tax refunds amounting to $10,371.89[24] - Cash outflow for employee payments was $13,446,354.39, an increase from $12,612,728.89[24] - The impact of exchange rate changes on cash and cash equivalents was -$154,670.68[25]