TKRT(SH:688569)2025-04-29 08:23Financial Performance - The company's operating revenue for Q1 2025 was ¥204,534,052.83, a decrease of 38.58% compared to ¥333,030,265.38 in the same period last year[4] - Net profit attributable to shareholders was ¥21,728,850.74, down 60.46% from ¥54,959,026.90 year-on-year[4] - Total revenue for Q1 2025 was CNY 204.53 million, a decrease of 38.6% compared to CNY 333.03 million in Q1 2024[16] - Net profit for Q1 2025 was CNY 32.41 million, a decline of 51.8% compared to CNY 67.30 million in Q1 2024[17] - The total comprehensive income for the first quarter of 2025 was CNY 32,405,204.32, a decrease from CNY 67,295,559.79 in the same period of 2024, representing a decline of approximately 52.2%[18] - Basic and diluted earnings per share were both ¥0.10, down 61.54% from ¥0.26 in the same period last year[4] - Basic and diluted earnings per share for the first quarter of 2025 were CNY 0.10, down from CNY 0.26 in the first quarter of 2024, reflecting a decrease of 61.5%[18] Cash Flow and Liquidity - The net cash flow from operating activities was -¥32,089,412.60, compared to -¥25,070,726.33 in the previous year, indicating a worsening cash flow situation[4] - Cash flow from operating activities for the first quarter of 2025 was negative CNY 32,089,412.60, compared to negative CNY 25,070,726.33 in the first quarter of 2024, indicating a worsening cash flow situation[20] - The company's cash and cash equivalents increased to CNY 1.56 billion as of March 31, 2025, up from CNY 1.42 billion at the end of 2024[12] - The company reported cash inflows from investment activities of CNY 201,862,772.60 in the first quarter of 2025, compared to no inflows in the same period of 2024[21] - The investment activities generated a net cash flow of ¥212,796,960.70 in Q1 2025, a significant improvement compared to -¥4,317,468.38 in Q1 2024[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,801,609,837.23, a decrease of 1.29% from ¥3,851,232,357.08 at the end of the previous year[5] - Total assets decreased to CNY 3.80 billion as of March 31, 2025, from CNY 3.85 billion at the end of 2024[13] - Total liabilities decreased to CNY 467.89 million as of March 31, 2025, down from CNY 551.38 million at the end of 2024[14] - The total liabilities increased from ¥470,378,145.71 to ¥575,525,440.46, marking an increase of 22.3%[26] - The total equity slightly increased from ¥2,557,941,332.77 to ¥2,558,413,181.95, showing a marginal growth of 0.02%[26] Research and Development - R&D investment totaled ¥21,504,026.64, representing 10.51% of operating revenue, an increase of 4.29 percentage points from 6.22% in the previous year[5] - Research and development expenses for Q1 2025 were CNY 21.50 million, slightly up from CNY 20.73 million in Q1 2024[17] - Research and development expenses for Q1 2025 were ¥14,911,574.86, a slight decrease from ¥15,209,507.48 in Q1 2024, indicating a focus on cost management[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,480[8] - Major shareholders include China Railway Science Research Institute Group Co., Ltd. with a 26.25% stake and Beijing Shougang Equity Investment Management Co., Ltd. with a 20.16% stake[8]