GRANDWALL(SH:603897)2025-04-29 13:15Financial Performance - The company's operating revenue for Q1 2025 was ¥3,091,172,370.62, representing a 17.34% increase compared to ¥2,634,293,851.61 in the same period last year[4] - The net profit attributable to shareholders decreased by 2.32% to ¥54,928,925.89 from ¥56,232,285.31 year-on-year[4] - The net profit for Q1 2025 was CNY 54,928,925.89, a decrease of 2.31% compared to CNY 56,232,285.31 in Q1 2024[16] - The total profit for Q1 2025 was CNY 72,338,236.42, a decrease of 2.93% from CNY 74,529,654.72 in Q1 2024[16] - The comprehensive income total for Q1 2025 was CNY 54,360,463.36, a decrease from CNY 56,232,285.31 in Q1 2024[16] Cash Flow and Liquidity - The net cash flow from operating activities fell significantly by 44.34% to ¥321,319,395.30, down from ¥577,263,189.89 in the previous year[4] - The net cash flow from operating activities for Q1 2025 was CNY 321,319,395.30, down 44.36% from CNY 577,263,189.89 in Q1 2024[18] - The company reported a net cash outflow from investing activities of CNY -51,319,794.62 in Q1 2025, compared to CNY -5,615,230.77 in Q1 2024[19] - The cash and cash equivalents at the end of Q1 2025 stood at CNY 997,590,785.14, down from CNY 1,707,942,082.61 at the end of Q1 2024[19] - Cash and cash equivalents increased to ¥1,178,031,204.23 as of March 31, 2025, compared to ¥988,413,764.57 at the end of 2024, showing a growth of 19.2%[12] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,612,325,867.35, reflecting a 1.78% increase from ¥6,496,995,385.35 at the end of the previous year[5] - The total assets of the company increased to ¥6,612,325,867.35 from ¥6,496,995,385.35, reflecting a growth of 1.8%[14] - Total liabilities increased slightly to ¥3,998,665,447.69 from ¥3,937,695,429.05, indicating a stable leverage position[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 25,291[9] - The top three shareholders held a combined 58.35% of the shares, with Huzhou Great Wall Electronics Technology Co., Ltd. holding 25.06%[9] Earnings and Costs - The company reported a basic and diluted earnings per share of ¥0.27, unchanged from the previous year[4] - Basic and diluted earnings per share for Q1 2025 remained stable at CNY 0.27, unchanged from Q1 2024[17] - Total operating costs for Q1 2025 were ¥3,027,107,723.64, up from ¥2,549,579,396.90 in Q1 2024, reflecting a growth of 18.7%[15] Research and Development - The company reported a significant increase in research and development expenses to ¥7,441,020.51 in Q1 2025, compared to ¥27,923,065.67 in Q1 2024, highlighting a shift in investment strategy[15] Strategic Initiatives - The company is focusing on market expansion and new product development as part of its strategic initiatives, although specific details were not provided in the financial summary[15]