Luster(SH:688400)2025-04-28 16:25Financial Performance - The company achieved operating revenue of CNY 614,455,518.85 in Q1 2025, representing a year-on-year increase of 38.57%[4] - Net profit attributable to shareholders was CNY 14,985,033.45, a turnaround from a loss of CNY 6,675,129.96 in the same period last year[4] - Total operating revenue for Q1 2025 reached ¥614.46 million, a 38.6% increase from ¥443.43 million in Q1 2024[17] - Net profit for Q1 2025 was ¥14.50 million, compared to a net loss of ¥9.08 million in Q1 2024[18] - The total profit for Q1 2025 was ¥21.26 million, contrasting with a loss of ¥10.07 million in Q1 2024[18] - Basic earnings per share for Q1 2025 were ¥0.03, compared to a loss of ¥0.01 per share in Q1 2024[18] Research and Development - R&D investment totaled CNY 113,830,463.49, accounting for 18.53% of operating revenue, down from 23.35% in the previous year[5] - Research and development expenses increased to ¥104.24 million in Q1 2025, up 11.6% from ¥93.39 million in Q1 2024[17] - Research and development expenses increased to ¥53.46 million in Q1 2025, up from ¥48.10 million in Q1 2024, reflecting a 11.5% increase[26] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -CNY 123,843,736.17, compared to -CNY 39,761,229.88 in the same period last year[4] - Cash flow from operating activities showed a net outflow of ¥123.84 million in Q1 2025, worsening from a net outflow of ¥39.76 million in Q1 2024[20] - The ending cash and cash equivalents balance for Q1 2025 was ¥399.19 million, slightly up from ¥396.97 million in Q1 2024[21] - The company's cash and cash equivalents were ¥770.76 million as of March 31, 2025, down from ¥803.64 million as of December 31, 2024[23] - The ending cash and cash equivalents balance for Q1 2025 was $153.44 million, slightly down from $158.85 million in Q1 2024[30] Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,891,280,585.26, an increase of 7.93% from the end of the previous year[5] - Current assets decreased to RMB 3,662,477,390.71 from RMB 3,841,184,384.81, representing a decline of about 4.6%[13] - Total liabilities increased to RMB 1,977,893,151.10 from RMB 1,560,544,682.99, reflecting a growth of about 26.7%[15] - Non-current liabilities rose to RMB 701,386,856.92 from RMB 250,166,440.24, marking an increase of approximately 180.0%[15] - The company's total equity as of March 31, 2025, was ¥3.72 billion, a decrease from ¥3.74 billion as of December 31, 2024[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,825[10] - The company held 8,567,599 shares in its repurchase account, accounting for 1.85% of the total share capital[11] - The top ten shareholders collectively hold significant stakes, with the largest shareholder owning 14,451,281 shares of ordinary shares[11] Business Developments - The acquisition of JAI was successfully completed at the beginning of the year, contributing to rapid integration and synergy in related businesses[5] - The company’s "visual + AI" product portfolio continues to improve, driving significant revenue growth in the industrial intelligent manufacturing sector[5] Comprehensive Income - The company reported a comprehensive loss of -¥21.25 million for Q1 2025, compared to a comprehensive income of ¥23.96 million in Q1 2024[27]