NCIC(SZ:002246)2025-04-29 12:00Financial Performance - The company's operating revenue for Q1 2025 was ¥443,674,292.18, representing a 49.50% increase compared to ¥296,775,535.84 in the same period last year[5] - Net profit attributable to shareholders was ¥29,507,871.70, a significant increase of 365.32% from a loss of ¥11,121,640.79 in the previous year[5] - Basic earnings per share rose to ¥0.0537, compared to a loss of ¥0.0203 in the same period last year, marking a 364.53% improvement[5] - The gross profit margin improved significantly, leading to a total profit increase of ¥45,720,000, reflecting a 365.31% year-on-year growth[8] - Net profit for the current period was ¥28,440,798.39, compared to a net loss of ¥11,788,440.63 in the previous period, indicating a turnaround[17] - The company reported a total comprehensive income of ¥28,440,798.39 for the current period, compared to a loss of ¥11,788,440.63 in the previous period[18] Cash Flow - The net cash flow from operating activities improved to -¥60,478,962.61, a 50.73% increase from -¥122,758,539.61 year-on-year[5] - Cash flow from operating activities showed a net outflow of ¥60,478,962.61, an improvement from a net outflow of ¥122,758,539.61 in the previous period[18] - The company experienced a 93.81% increase in net cash flow from investing activities, amounting to an increase of ¥23,507,000 due to changes in investment in financial products[8] - Cash flow from investing activities showed a net outflow of $250,591,321.56, with cash paid for investments amounting to $245,000,000.00[19] - Cash flow from financing activities resulted in a net outflow of $11,325,024.87, with cash paid for dividends and interest totaling $10,980,695.88[19] - The net increase in cash and cash equivalents was a decrease of $372,277,418.10, bringing the ending balance to $1,188,917,484.20[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,557,147,493.27, a slight decrease of 0.22% from ¥4,567,421,038.41 at the end of the previous year[5] - The total current assets as of March 31, 2025, amounted to CNY 3,172,585,128.97, showing an increase from CNY 3,149,824,224.28 at the beginning of the period[13] - Total liabilities decreased to CNY 1,539,181,237.05 from CNY 1,568,641,173.71, a reduction of about 1.9%[14] - The total liabilities decreased slightly to ¥1,539,181,237.05 from ¥1,568,641,173.71[15] - Total equity increased to ¥3,017,966,256.22 from ¥2,998,779,864.70, reflecting a growth in shareholder value[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 37,915, with the top ten shareholders holding significant stakes[10] - The largest shareholder, Shanxi Xinhua Protective Equipment Co., Ltd., held 18.06% of the shares, totaling 99,138,233 shares[10] Inventory and Receivables - Accounts receivable increased to CNY 730,895,015.66 from CNY 674,316,361.81, representing a growth of about 8.4%[13] - Inventory rose to CNY 382,071,210.51 from CNY 353,947,599.58, indicating an increase of approximately 8.0%[14] Research and Development - Research and development expenses rose to ¥20,576,412.49, up from ¥18,997,243.08, indicating continued investment in innovation[16] Future Plans - The company plans to expand its market presence and invest in new technologies to drive future growth[16] Other Information - The company's short-term borrowings decreased to CNY 10,055,464.50 from CNY 12,006,299.70, a decline of approximately 16.3%[14] - The company's first quarter report for 2025 was not audited[20]