晶升股份(688478) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥70,813,548.29, a decrease of 12.69% compared to ¥81,107,784.99 in the same period last year[4] - The net profit attributable to shareholders was -¥2,533,160.76, representing a decline of 117.10% from ¥14,817,697.06 year-on-year[4] - The net cash flow from operating activities was -¥50,979,416.16, a significant drop of 171.62% compared to ¥71,185,103.18 in the previous year[4] - Total operating revenue for Q1 2025 was ¥70,813,548.29, a decrease of 12.9% compared to ¥81,107,784.99 in Q1 2024[20] - Net profit for Q1 2025 was a loss of ¥2,533,160.76, compared to a profit of ¥14,817,697.06 in Q1 2024[21] - Operating profit for Q1 2025 was a loss of ¥4,305,813.46, down from a profit of ¥15,761,541.01 in Q1 2024[21] - The company reported a comprehensive loss of ¥3,579,743.45 for Q1 2025, compared to a comprehensive income of ¥14,817,697.06 in Q1 2024[22] Earnings and Shareholder Metrics - The basic earnings per share were -¥0.02, a decrease of 118.18% from ¥0.11 in the same period last year[4] - The diluted earnings per share also stood at -¥0.02, reflecting the same decline of 118.18% year-on-year[4] - The weighted average return on equity was -0.16%, a decrease of 1.09 percentage points from 0.93% in the previous year[4] - Basic and diluted earnings per share for Q1 2025 were both -¥0.02, compared to ¥0.11 in Q1 2024[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,799,374,386.62, down 3.52% from ¥1,865,042,657.87 at the end of the previous year[5] - As of March 31, 2025, the total assets of the company amounted to CNY 1,799,374,386.62, a decrease from CNY 1,865,042,657.87 on December 31, 2024[14] - Total liabilities as of the reporting date were ¥226,150,816.35, down from ¥289,121,234.13 in the previous period[17] - Total equity attributable to shareholders was ¥1,573,223,570.27, slightly down from ¥1,575,921,423.74[17] Cash Flow and Investment - Cash inflow from operating activities in Q1 2025 was ¥23,248,244.47, significantly lower than ¥152,413,224.77 in Q1 2024[23] - The net cash flow from operating activities was -$50,979,416.16, a significant decrease compared to $71,185,103.18 in the previous period, indicating a decline in operational performance[24] - Cash inflow from investment activities totaled $373,040,545.37, up from $367,799,190.08, reflecting a stable investment return[24] - The net cash flow from investment activities improved to $74,862,691.30 from a negative $49,418,228.53, showing a positive turnaround in investment performance[24] - The net increase in cash and cash equivalents was $23,872,350.33, compared to $10,543,693.00 in the previous period, suggesting improved liquidity[25] Costs and Expenses - Total operating costs increased to ¥85,352,091.68 in Q1 2025, up 11.0% from ¥76,844,557.01 in Q1 2024[20] - Research and development expenses totaled ¥9,415,848.65, accounting for 13.30% of operating revenue, which is an increase of 0.17 percentage points from the previous year[5] - Research and development expenses for Q1 2025 were ¥9,415,848.65, a decrease of 11.6% from ¥10,651,828.44 in Q1 2024[21] - The cash paid to employees decreased to $18,450,865.20 from $22,199,739.85, indicating cost management efforts[24] - The cash paid for taxes significantly decreased to $530,238.35 from $5,762,055.56, reflecting a potential change in tax obligations or improved tax efficiency[24] Shareholder Structure - The company has a share repurchase account holding 1,306,117 shares, accounting for 0.94% of the total share capital[12] - The top ten shareholders hold a combined 72.67% of the company's shares, indicating a concentrated ownership structure[12] - The company reported no changes in the participation of major shareholders in margin trading or securities lending activities[13] - The company’s total liabilities and equity structure remains stable, with no significant changes reported in the financing activities[13]