BEKEN(SH:603068)2025-04-28 16:00Financial Performance - The company's operating revenue for Q1 2025 was ¥165,385,544.61, a decrease of 1.56% compared to ¥168,010,710.05 in the same period last year[4] - Net profit attributable to shareholders increased significantly to ¥16,492,772.62, representing a growth of 1,256.10% from ¥1,216,195.21 year-on-year[4] - Basic and diluted earnings per share both reached ¥0.11, a substantial increase of 1,000.00% compared to ¥0.01 in the previous year[6] - The company reported a net profit of RMB 8,704,916.70 for the period, recovering from a loss of RMB 7,787,855.89 in the previous period[17] - Net profit for Q1 2025 reached ¥16,064,335.07, compared to ¥502,582.35 in Q1 2024, marking a significant increase[21] - The total comprehensive income for Q1 2025 was ¥16,019,429.12, compared to a loss of ¥596,055.18 in Q1 2024[22] Cash Flow and Liquidity - The net cash flow from operating activities was ¥102,373,138.27, a significant improvement from a negative cash flow of ¥1,264,833.43 in the previous year[4] - Cash flow from operating activities for Q1 2025 was ¥102,373,138.27, a turnaround from a negative cash flow of ¥1,264,833.43 in Q1 2024[24] - Cash and cash equivalents increased to RMB 958,899,957.00 from RMB 944,973,750.00, showing a growth of approximately 1.00%[14] - Cash and cash equivalents at the end of Q1 2025 totaled ¥958,899,957.00, compared to ¥1,079,128,809.75 at the end of Q1 2024[25] - The company incurred a net cash outflow from financing activities of ¥111,640,197.78 in Q1 2025, compared to an inflow of ¥68,732,726.38 in Q1 2024[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,833,318,580.75, down 4.55% from ¥1,920,714,190.24 at the end of the previous year[6] - The total assets as of March 31, 2025, amounted to RMB 1,833,318,580.75, a decrease from RMB 1,920,714,190.24 as of December 31, 2024, reflecting a decline of approximately 4.54%[16] - Current assets totaled RMB 1,461,201,557.48, down from RMB 1,530,485,801.24, indicating a decrease of about 4.52%[14] - Total liabilities decreased from RMB 258,442,999.28 to RMB 154,227,673.32, reflecting a decline of about 40.39%[16] - The company’s short-term borrowings decreased from RMB 111,000,000.00 to zero, indicating a significant reduction in debt[16] Shareholder Equity - Shareholders' equity attributable to shareholders increased by 1.03% to ¥1,689,812,889.35 from ¥1,672,564,735.33 at the end of the previous year[6] - The equity attributable to shareholders increased from RMB 1,672,564,735.33 to RMB 1,689,812,889.35, indicating a growth of approximately 1.03%[17] - The total number of ordinary shareholders at the end of the reporting period was 38,047[9] - The total number of shares held by the top shareholder, Shanghai Xuan Ding Private Fund Management Co., Ltd., remained at 7,077,235 shares, representing 4.70% of total shares[12] Operating Costs and Expenses - Total operating costs for Q1 2025 were ¥164,362,117.80, down 3.75% from ¥169,635,573.23 in Q1 2024[20] - Research and development expenses for Q1 2025 were ¥54,883,059.75, a decrease of 15.16% from ¥64,709,642.13 in Q1 2024[21] - Tax expenses for Q1 2025 were ¥1,072,763.50, significantly higher than ¥166,151.22 in Q1 2024[21] Return on Equity - The weighted average return on equity rose to 0.96%, an increase of 0.91 percentage points from 0.05% in the same period last year[6] - The company reported a net profit excluding non-recurring gains and losses of ¥2,669,622.08, which is an increase of 180.18% from ¥952,807.12 in the same period last year[4] - Non-recurring gains and losses totaled ¥13,823,150.54, primarily driven by gains from the disposal of non-current assets[7]