Orbbec (SH:688322)2025-04-28 15:15Financial Performance - The company's revenue for Q1 2025 reached ¥191,058,207.36, representing a 105.63% increase compared to ¥92,911,484.67 in the same period last year[5] - Net profit attributable to shareholders was ¥24,315,014.74, a significant recovery from a loss of ¥28,780,669.45 in the previous year[5] - Operating profit for Q1 2025 was ¥24,337,813.72, a turnaround from a loss of ¥27,479,953.45 in Q1 2024[19] - Net profit for Q1 2025 was ¥24,165,982.51, compared to a net loss of ¥27,806,552.46 in Q1 2024[19] - The company reported a total comprehensive income of ¥24,148,806.40 for Q1 2025, compared to a loss of ¥27,793,174.36 in Q1 2024[19] - Earnings per share for Q1 2025 were ¥0.06, recovering from a loss of ¥0.07 per share in Q1 2024[19] Cash Flow - The net cash flow from operating activities improved to ¥1,428,459.10, up from a negative cash flow of ¥33,630,208.57 in the same period last year[5] - In Q1 2025, the cash inflow from operating activities was CNY 253,701,888.60, an increase of 48.8% compared to CNY 170,418,034.89 in Q1 2024[22] - The net cash flow from operating activities turned positive at CNY 1,428,459.10 in Q1 2025, compared to a negative CNY 33,630,208.57 in Q1 2024[22] - Cash inflow from investment activities reached CNY 621,116,570.15 in Q1 2025, up from CNY 357,413,857.95 in Q1 2024, marking a 73.6% increase[23] - The net cash flow from investment activities was CNY 178,225,366.00 in Q1 2025, a significant recovery from a negative CNY 80,241,548.02 in Q1 2024[23] - The company incurred CNY 80,758,344.44 in cash outflows from financing activities in Q1 2025, compared to CNY 48,714,255.70 in Q1 2024[23] - The cash flow from financing activities was negative at CNY 40,758,344.44 in Q1 2025, contrasting with a positive CNY 32,330,402.00 in Q1 2024[23] Research and Development - Research and development (R&D) expenses totaled ¥44,949,026.16, a decrease of 16.03% from ¥53,529,171.82 year-on-year[5] - The proportion of R&D expenses to revenue was 23.53%, down by 34.08 percentage points compared to 57.61% in the previous year[5] - Research and development expenses for Q1 2025 were ¥44,949,026.16, down from ¥53,529,171.82 in Q1 2024, reflecting a focus on cost management[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,231,604,367.35, a decrease of 2.93% from ¥3,328,990,861.53 at the end of the previous year[6] - Total liabilities decreased to ¥327,272,299.14 in the latest report from ¥454,710,799.30 in the previous period[20] - Total equity increased to ¥2,904,332,068.21 from ¥2,874,280,062.23, indicating a positive trend in shareholder equity[20] - Shareholders' equity attributable to the parent company increased by 1.06% to ¥2,897,623,676.31 from ¥2,867,303,020.47 at the end of the previous year[6] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,808[11] - The largest shareholder, Huang Yuanhao, holds 108,903,960 shares, representing 27.23% of the total shares[11] Operational Highlights - The significant increase in revenue was primarily driven by rapid growth in AIoT business[10] - The company expects continued growth in revenue and profitability due to increased sales collections and reduced expenses[10] - There are no other important reminders regarding the company's operational situation during the reporting period[13]