XGIMI(SH:688696)2025-04-29 08:23Revenue and Profitability - Total revenue for Q1 2025 was ¥809,855,500.01, a decrease of 1.89% compared to the same period last year[4] - Net profit attributable to shareholders increased by 337.45% to ¥62,639,120.35, driven by improved gross margin[4] - Basic earnings per share rose by 360.00% to ¥0.92, reflecting the significant increase in net profit[5] - The company reported a net profit margin of approximately 4.8% for Q1 2025, compared to 3.5% in Q1 2024[20] - The net profit for Q1 2025 was CNY 62,374,698.26, a significant increase from CNY 14,184,350.70 in Q1 2024, representing a growth of approximately 339%[21] - The company reported a total comprehensive income of CNY 61,622,044.14 for Q1 2025, compared to CNY 12,368,945.48 in Q1 2024, marking an increase of approximately 398%[22] Operating Performance - The total revenue from operating activities in Q1 2025 was CNY 873,198,606.04, down from CNY 970,143,144.92 in Q1 2024, indicating a decrease of about 10%[25] - The operating cash flow for Q1 2025 was negative at CNY -150,095,141.48, compared to a positive cash flow of CNY 146,037,988.73 in Q1 2024[25] - Total operating costs for Q1 2025 were RMB 770,003,559.87, down 9.0% from RMB 846,717,039.02 in Q1 2024[20] - Operating costs included RMB 534,439,350.37 in operating expenses, which decreased by 10.0% from RMB 593,923,700.12 in the previous year[20] Cash Flow and Assets - The net cash flow from operating activities was -¥150,095,141.48, a decline of 202.78% due to reduced cash receipts from sales and increased payments[4] - Cash and cash equivalents decreased to RMB 1,916,797,318.14 from RMB 2,049,173,639.19, reflecting a decline of 6.4%[16] - The cash and cash equivalents at the end of Q1 2025 were CNY 846,375,945.45, a decrease from CNY 2,112,993,431.34 at the end of Q1 2024[27] - Current assets totaled RMB 3,954,146,861.56 as of March 31, 2025, slightly up from RMB 3,912,453,215.00 at the end of 2024[16] Research and Development - Research and development expenses totaled ¥89,579,557.27, accounting for 11.06% of total revenue, an increase from 10.49% year-on-year[5] - The company incurred research and development expenses of CNY 89,579,557.27 in Q1 2025, slightly up from CNY 86,613,658.49 in Q1 2024[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 5,895[10] - The largest shareholder, Zhong Bo, holds 18.79% of the shares, totaling 13,153,554 shares[11] Equity and Liabilities - Total assets at the end of the reporting period were ¥5,353,954,418.61, a slight increase of 0.66% from the previous year[5] - Total liabilities decreased to RMB 2,357,321,823.42 from RMB 2,372,994,145.47, a reduction of 0.7%[18] - Total equity increased to RMB 2,996,632,595.19 from RMB 2,945,799,348.13, reflecting a growth of 1.7%[18] Tax and Investment - The total tax expenses for Q1 2025 were CNY 12,703,399.75, compared to CNY 2,081,835.79 in Q1 2024, showing an increase of approximately 510%[21] - The total investment cash outflow for Q1 2025 was CNY 1,116,116,414.68, compared to CNY 439,711,192.82 in Q1 2024, indicating a significant increase in investment activities[26] Strategic Focus - The company is focusing on expanding its market presence and developing new technologies to enhance product offerings[19] Return on Equity - The weighted average return on equity increased by 1.65 percentage points to 2.11%[5]