Financial Performance - The company's revenue for Q1 2025 reached ¥119,694,666.93, representing a 13.35% increase compared to ¥105,600,889.82 in the same period last year[5] - Net profit attributable to shareholders was ¥13,212,372.05, up 22.77% from ¥10,761,627.45 year-on-year[5] - Basic earnings per share decreased by 12.50% to ¥0.07 from ¥0.08 in the same period last year[5] - Total operating revenue for Q1 2025 reached ¥119,694,666.93, an increase of 13.4% compared to ¥105,600,889.82 in the previous period[18] - Net profit for the period was ¥10,736,330.84, representing a 8.5% increase from ¥9,901,901.17 in the same period last year[19] Cash Flow and Liquidity - The net cash flow from operating activities improved by 24.17%, amounting to -¥42,719,734.58 compared to -¥56,333,027.50 in the previous year[5] - The company's cash and cash equivalents decreased from ¥448,545,279.67 to ¥384,516,039.12, representing a decline of approximately 14.3%[15] - Operating cash inflow for the current period was CNY 150,439,472.72, an increase of 10.4% from CNY 135,588,683.76 in the previous period[21] - Net cash outflow from operating activities was CNY -42,719,734.58, improving from CNY -56,333,027.50 in the previous period[21] - The net increase in cash and cash equivalents was CNY -64,029,240.55, worsening from CNY -14,198,010.46 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,519,796,781.64, a slight increase of 0.48% from ¥2,507,648,682.32 at the end of the previous year[5] - Total liabilities stood at ¥671,258,800.87, a marginal increase from ¥669,847,032.39 in the previous period[17] - The company's cash and cash equivalents increased to ¥1,891,471,605.50, compared to ¥1,889,183,338.41 in the previous period[16] - The long-term equity investments decreased to ¥2,520,416.06 from ¥2,657,287.97 in the previous period[16] - Total owner's equity increased to ¥1,848,537,980.77 from ¥1,837,801,649.93 in the previous period[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,308, with no preferred shareholders[10] - The top shareholder, Beijing Kongying Technology Development Co., Ltd., holds an 8.71% stake, amounting to 15,635,491 shares[10] - The company has a total of 10 major shareholders, with the largest being Hong Kong Central Clearing Limited holding 402,242 shares[12] - The top 10 shareholders collectively hold a significant portion of the company's shares, with the largest individual shareholder owning 4.61%[12] Operational Highlights - The company reported a significant increase in other income, which rose by 296.34% to ¥2,482,634.83, primarily due to increased VAT deductions and government subsidies[8] - The company experienced a 40.28% increase in taxes and surcharges, totaling ¥271,961.62, attributed to higher additional tax provisions[8] - The company’s investment income showed a substantial decline of 683.30%, resulting in a loss of ¥136,871.91, mainly due to losses from joint ventures[8] - The company reported a significant increase in prepayments from ¥188,246,839.62 to ¥244,525,983.02, reflecting a growth of approximately 30%[15] - Inventory increased from ¥520,742,228.26 to ¥551,458,417.53, indicating a rise of about 5.9%[15] Research and Development - The company's R&D expenses increased to ¥13,583,709.88, a rise of 27.3% compared to ¥10,657,593.51 in the previous year[18] Accounting and Reporting - The company has not yet adopted the new accounting standards effective from 2025[23] - The first quarter report was not audited[23]
国科天成(301571) - 2025 Q1 - 季度财报