泰坦科技(688133) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥603,969,457.66, a decrease of 9.07% compared to the same period last year[4]. - Net profit attributable to shareholders increased by 122.27% to ¥5,129,765.53, driven by improved operational quality and government subsidies[4][8]. - Basic and diluted earnings per share rose by 50% to ¥0.03 per share[4][8]. - The company reported a net profit margin of approximately 0.28% for Q1 2025, down from 0.07% in Q1 2024[19]. - The net profit for Q1 2025 was CNY 1,855,610.93, an increase of 68.7% compared to CNY 1,099,310.93 in Q1 2024[20]. - The total comprehensive income for Q1 2025 was CNY 1,767,308.38, compared to CNY 1,203,726.29 in Q1 2024, reflecting a growth of 47%[21]. - Operating profit for Q1 2025 was CNY 2,392,234.71, a decrease of 18.8% from CNY 2,946,193.53 in Q1 2024[20]. Expenses and Costs - Research and development expenses totaled ¥37,871,158.33, accounting for 6.27% of operating revenue, an increase of 0.39 percentage points year-on-year[5]. - Total operating costs for Q1 2025 were RMB 601,897,479.15, down 9.05% from RMB 661,767,508.11 in Q1 2024[19]. - Operating costs included RMB 463,552,791.02 in cost of goods sold for Q1 2025, a decrease of 12.00% from RMB 526,100,925.06 in Q1 2024[19]. - The company incurred financial expenses of CNY 9,577,527.23 in Q1 2025, an increase of 35.5% from CNY 7,069,593.39 in Q1 2024[20]. - The company reported a decrease in sales expenses to CNY 45,226,581.01 in Q1 2025, down 15.5% from CNY 53,433,412.88 in Q1 2024[20]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,851,268,756.45, reflecting a slight increase of 0.05% from the end of the previous year[5]. - Current assets totaled RMB 3,084,338,957.65 as of March 31, 2025, a slight decrease from RMB 3,138,932,782.27 at the end of 2024[15]. - Non-current assets amounted to RMB 1,766,929,798.80 as of March 31, 2025, an increase from RMB 1,709,744,921.17 at the end of 2024[16]. - Total liabilities were RMB 1,977,261,780.79 as of March 31, 2025, slightly down from RMB 1,977,971,310.67 at the end of 2024[17]. - Shareholders' equity totaled RMB 2,874,006,975.66 as of March 31, 2025, compared to RMB 2,870,706,392.77 at the end of 2024[17]. Cash Flow - The net cash flow from operating activities was negative at -¥108,861,607.63, an improvement from -¥135,326,803.12 in the same period last year[4]. - The company reported a cash flow from operating activities net amount of CNY -108,861,607.63 for Q1 2025, an improvement from CNY -135,326,803.12 in Q1 2024[24]. - The company’s investment activities generated a net cash flow of CNY -77,092,006.71 in Q1 2025, an improvement from CNY -136,666,844.65 in Q1 2024[24]. - The cash and cash equivalents at the end of Q1 2025 were CNY 823,797,571.09, down from CNY 935,563,412.14 at the end of Q1 2024[25]. Strategic Focus - The company is focusing on enhancing profitability by prioritizing profit over scale, leading to a reduction in low-margin businesses[8]. - The company plans to focus on market expansion and new product development in the upcoming quarters[13]. Shareholder Information - The total number of shareholders and their respective holdings were disclosed, with the top shareholder holding 9.88% of the shares[9][11]. Return on Equity - The weighted average return on equity improved to 0.18%, up by 0.10 percentage points compared to the previous year[4]. Non-Recurring Items - Non-recurring gains and losses amounted to ¥2,849,890.74, primarily due to government subsidies and other factors[6][7].