SXN(SH:600661)2025-04-28 15:55Financial Performance - The company's operating revenue for Q1 2025 was CNY 309,117,608.28, representing a 10.78% increase compared to CNY 279,032,431.56 in the same period last year[6]. - Net profit attributable to shareholders was CNY 13,320,765.04, up 22.93% from CNY 10,836,168.09 year-on-year[6]. - The basic earnings per share increased by 20.00% to CNY 0.0480 from CNY 0.0400 in the previous year[6]. - The weighted average return on equity rose to 23.33%, an increase of 13.97 percentage points compared to 9.36% in the same period last year[6]. - Total operating costs increased to ¥300,839,906.85 from ¥265,294,101.31, representing a growth of approximately 13.4% year-over-year[24]. - Net profit for the first quarter of 2025 was ¥14,131,704.69, up from ¥13,008,703.75, indicating a year-over-year increase of about 8.6%[25]. - Total comprehensive income for the first quarter was ¥16,073,001.10, up from ¥12,332,890.90, representing a growth of approximately 30%[26]. - The company reported a significant increase in other income, which rose to ¥2,370,765.24 from ¥603,385.19, a growth of about 292%[24]. - Investment income for Q1 2025 was CNY 3,048,501.87, a substantial increase from CNY 140,928.90 in Q1 2024, reflecting a growth of about 2,058.57%[36]. Assets and Liabilities - Total assets decreased by 7.34% to CNY 1,569,352,770.29 from CNY 1,693,707,991.79 at the end of the previous year[6]. - As of March 31, 2025, total assets amounted to ¥1,569,352,770.29, a decrease from ¥1,693,707,991.79 as of December 31, 2024[20]. - The company's cash and cash equivalents decreased to ¥421,204,827.05 from ¥605,010,213.72, reflecting a decline of 30.3%[16]. - Total current liabilities decreased to ¥1,017,941,029.48 from ¥1,163,536,437.65, a reduction of 12.5%[19]. - The company’s total liabilities decreased to ¥1,415,089,415.60 from ¥1,564,860,048.79, a reduction of 9.5%[19]. - The total liabilities rose to CNY 1,001,535,977.20 compared to CNY 897,844,987.65, indicating an increase of about 11.51%[32]. - The company’s total equity decreased to CNY 512,877,988.56 from CNY 528,217,288.70, a decline of about 2.91%[33]. Cash Flow - The net cash flow from operating activities was negative at CNY -83,604,122.22, compared to CNY -8,453,566.46 in the same period last year, indicating a significant decline[6]. - Cash flow from operating activities showed a net outflow of ¥83,604,122.22, compared to a smaller outflow of ¥8,453,566.46 in the previous year[28]. - The cash inflow from operating activities decreased to CNY 378,433.75 from CNY 2,616,842.77, indicating a decline of approximately 85.5%[38]. - Operating cash flow for Q1 2025 was CNY -20,166,234.60, compared to CNY -19,588,995.96 in Q1 2024, showing a decrease of about 2.94%[39]. - Net cash flow from financing activities amounted to $118,634,904.76, an increase from $88,771,192.51[40]. - The net increase in cash and cash equivalents was $95,367,725.78, compared to $10,326,695.11 in the previous period[40]. - The ending balance of cash and cash equivalents reached $101,207,603.73, up from $22,452,200.34[40]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,872[12]. - The proportion of shares held by the top 10 shareholders is 23.79%, totaling 68,156,380 shares as of March 31, 2025[14]. - Shareholders' equity attributable to the company increased by 54.92% to CNY 69,402,934.14 from CNY 44,798,462.10 at the end of the previous year[6]. - Shareholders' equity increased to ¥154,263,354.69 from ¥128,847,943.00, representing a growth of 19.7%[20]. Expenses - The company reported a non-recurring loss of CNY -174,463.85, after accounting for tax effects and minority interests[8]. - Research and development expenses decreased to ¥476,807.45 from ¥3,044,242.69, indicating a reduction of approximately 84.4%[24]. - The company reported a significant increase in management expenses, which rose to CNY 24,178,112.67 from CNY 17,477,965.93, marking an increase of approximately 38.36%[35]. Other Information - The company has not reported any new product launches or technological advancements in the current quarter[34].