上纬新材(688585) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 369,095,560.98, representing a 10.65% increase compared to CNY 333,557,856.93 in the same period last year[4] - Net profit attributable to shareholders was CNY 22,550,592.23, up 22.26% from CNY 18,444,464.55 year-on-year[4] - Basic and diluted earnings per share increased to CNY 0.06, reflecting a growth of 20% from CNY 0.05[4] - The total operating costs for the first quarter of 2025 were CNY 339.81 million, an increase of 10.5% compared to CNY 307.42 million in the same period of 2024[19] - The net profit for the first quarter of 2025 was CNY 22.58 million, representing a 24.5% increase from CNY 18.21 million in the first quarter of 2024[19] - The company reported a total comprehensive income of CNY 17.90 million for the first quarter of 2025, compared to CNY 5.34 million in the same period of 2024[20] Cash Flow and Assets - The net cash flow from operating activities surged to CNY 103,115,726.81, a remarkable increase of 884.75% compared to CNY 10,471,218.41 in the previous year[4] - The cash flow from operating activities for the first quarter of 2025 was CNY 103.12 million, significantly up from CNY 10.47 million in the first quarter of 2024[22] - The company's cash and cash equivalents decreased to RMB 229,139,323.27 from RMB 270,552,321.76, a decline of 15.32%[13] - The cash and cash equivalents at the end of the first quarter of 2025 were CNY 228.82 million, down from CNY 251.03 million at the end of the first quarter of 2024[24] - Current assets as of March 31, 2025, totaled RMB 1,403,842,973.89, up from RMB 1,241,527,220.15 at the end of 2024, reflecting a growth of 13.06%[13] Liabilities and Equity - Total liabilities as of March 31, 2025, were RMB 749,923,093.99, compared to RMB 689,533,743.06 at the end of 2024, an increase of 8.77%[15] - The equity attributable to shareholders increased to RMB 1,284,220,256.81 from RMB 1,266,118,642.09, a rise of 1.43%[15] Research and Development - Research and development expenses totaled CNY 7,586,677.61, which is a 2.95% increase from CNY 7,369,014.68 year-on-year[4] - The proportion of R&D expenses to operating revenue decreased to 2.06%, down 0.15 percentage points from 2.21%[5] Shareholder Information - The company reported a total of 5,142 common shareholders at the end of the reporting period[10] - The largest shareholder, SWANCOR IND. CO., LTD., holds 64.02% of the shares, totaling 258,229,392 shares[10] Other Financial Metrics - The weighted average return on equity improved to 1.77%, an increase of 0.25 percentage points from 1.52%[4] - The company experienced a net cash outflow from investing activities of CNY 148.34 million in the first quarter of 2025, compared to a net outflow of CNY 108.41 million in the same period of 2024[22] - The company’s sales revenue from goods and services received in cash for the first quarter of 2025 was CNY 332.92 million, up from CNY 192.80 million in the first quarter of 2024[21] - The company’s tax expenses for the first quarter of 2025 were CNY 5.47 million, compared to CNY 5.10 million in the first quarter of 2024[19] - The company reported a decrease in other comprehensive income after tax of CNY -4.69 million for the first quarter of 2025, compared to CNY -12.87 million in the same period of 2024[20] Market and Product Development - There were no significant updates on new product developments or market expansion strategies mentioned during the call[12]