XTAD(SH:600359)2025-04-29 11:58Financial Performance - The company's operating revenue for Q1 2025 was CNY 151,082,492.73, a decrease of 5.31% compared to CNY 159,549,276.64 in the same period last year[4] - Net profit attributable to shareholders decreased by 41.12% to CNY 30,229,196.49 from CNY 51,344,684.17 year-on-year[4] - Basic and diluted earnings per share decreased by 38.46% to CNY 0.08 from CNY 0.13 in the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 40.47% to CNY 30,136,756.26 from CNY 50,621,150.17 year-on-year[4] - The company reported a significant decrease in operating income from non-operating activities by 99.04%, mainly due to a reduction in penalty income year-on-year[8] - Net profit for Q1 2025 was CNY 30.46 million, down 41.7% from CNY 52.29 million in Q1 2024[17] - Operating profit decreased to CNY 30.66 million in Q1 2025, a decline of 42.0% compared to CNY 52.65 million in Q1 2024[17] - Total comprehensive income for Q1 2025 was CNY 29.60 million, compared to CNY 51.90 million in Q1 2024, reflecting a decline of 42.9%[17] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 388.69% to CNY 58,093,650.94, compared to CNY 11,887,555.31 in the previous year[4] - Cash flow from operating activities for Q1 2025 was CNY 58.09 million, significantly up from CNY 11.89 million in Q1 2024[19] - Cash and cash equivalents increased to RMB 431,000,441.19 from RMB 332,548,393.32, representing a growth of approximately 29.6%[12] - Cash and cash equivalents at the end of Q1 2025 reached CNY 431.00 million, an increase from CNY 298.05 million at the end of Q1 2024[20] - The company experienced a net cash inflow from financing activities of CNY 46.01 million in Q1 2025, down from CNY 55.13 million in Q1 2024[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,324,538,715.31, reflecting a 2.51% increase from CNY 1,292,102,885.10 at the end of the previous year[5] - As of March 31, 2025, the company's total assets amounted to RMB 1,324,538,715.31, an increase from RMB 1,292,102,885.10 as of December 31, 2024, reflecting a growth of approximately 2.5%[15] - The company's current assets totaled RMB 805,282,747.99, compared to RMB 766,388,593.35 at the end of 2024, indicating an increase of about 5.1%[13] - The total liabilities stood at RMB 601,329,789.36, slightly up from RMB 598,498,386.23, showing a marginal increase of about 0.3%[14] - The company's short-term borrowings rose to RMB 320,750,934.13 from RMB 269,955,498.89, marking an increase of around 18.8%[14] Equity - The equity attributable to shareholders increased to RMB 703,823,207.19 from RMB 674,453,479.90, reflecting a growth of approximately 4.3%[15] - The company's total equity increased to RMB 723,208,925.95 from RMB 693,604,498.87, reflecting a growth of approximately 4.3%[15] Inventory and Receivables - Accounts receivable increased by 201.32%, primarily due to accounts receivable generated during the reporting period[8] - The company's accounts receivable surged to RMB 31,071,714.05 from RMB 10,311,862.28, indicating a significant increase of about 201.5%[12] - The inventory decreased to RMB 303,253,123.49 from RMB 365,921,094.58, representing a decline of approximately 17.1%[13] Operating Costs - Total operating costs increased to CNY 118.34 million in Q1 2025, up 13.3% from CNY 104.45 million in Q1 2024[16] - Research and development expenses for Q1 2025 were CNY 2.37 million, slightly down from CNY 2.63 million in Q1 2024[16] Return on Equity - The weighted average return on equity decreased by 3.64 percentage points to 4.27% from 7.91% in the previous year[4] -