CRM(688396)2025-04-29 13:43Financial Performance - The company's revenue for Q1 2025 reached CNY 2,354,709,996.80, representing an increase of 11.29% compared to CNY 2,115,859,042.71 in the same period last year[5] - Net profit attributable to shareholders was CNY 83,216,566.09, a significant increase of 150.68% from CNY 33,196,086.59 year-on-year[5] - Basic earnings per share rose to CNY 0.0629, reflecting a growth of 150.60% compared to CNY 0.0251 in the previous year[5] - Operating profit for Q1 2025 was CNY 78,389,552.40, significantly up from CNY 25,167,693.63 in Q1 2024, marking a growth of 210.5%[17] - Net profit for Q1 2025 was CNY 51,943,570.56, compared to CNY 1,338,882.33 in Q1 2024, representing a substantial increase[17] - Total operating revenue for Q1 2025 reached CNY 2,354,709,996.80, an increase of 11.3% compared to CNY 2,115,859,042.71 in Q1 2024[16] Cash Flow - The net cash flow from operating activities was CNY 270,998,538.92, showing a decrease of 4.97% from CNY 285,176,720.67 in the same period last year[5] - Cash flow from operating activities for Q1 2025 was CNY 270,998,538.92, slightly down from CNY 285,176,720.67 in Q1 2024[19] - The company reported a total cash inflow from operating activities of CNY 1,881,204,505.58 in Q1 2025, slightly down from CNY 1,883,407,764.47 in Q1 2024[19] - The net cash flow from investment activities was -171,458,850.37, indicating a significant outflow compared to the previous period's -3,102,859,345.61[20] - Total cash inflow from financing activities was 144,494,217.48, an increase from 115,530,073.39 in the prior period[20] - The net cash flow from financing activities was 135,683,779.33, compared to 56,377,407.77 previously, showing a positive trend[20] - The company experienced a net increase in cash and cash equivalents of 236,060,738.24, contrasting with a decrease of -2,757,733,690.09 in the prior period[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 29,281,655,370.49, a slight increase of 0.60% from CNY 29,106,829,546.42 at the end of the previous year[6] - As of March 31, 2025, the total current assets amounted to CNY 13,811,024,716.29, an increase from CNY 13,350,039,189.59 as of December 31, 2024, reflecting a growth of approximately 3.45%[12] - The total non-current assets decreased to CNY 15,470,630,654.20 from CNY 15,756,790,356.83, indicating a decline of about 1.82%[13] - The total current liabilities slightly decreased to CNY 4,111,503,263.68 from CNY 4,133,047,148.14, a reduction of about 0.52%[14] - The total non-current liabilities remained relatively stable at CNY 680,861,133.33, compared to CNY 677,829,339.41, showing a marginal increase of about 0.30%[14] - The total equity attributable to shareholders increased to CNY 22,526,162,365.41 from CNY 22,306,213,072.76, reflecting a growth of approximately 0.99%[14] Research and Development - Research and development expenses totaled CNY 278,560,984.84, accounting for 11.83% of revenue, down from 13.53% in the previous year[6] - Research and development expenses for Q1 2025 were CNY 278,560,984.84, a decrease of 2.2% compared to CNY 286,193,224.91 in Q1 2024[16] Shareholder Information - The total number of common shareholders at the end of the reporting period was 48,761[10] - The largest shareholder, China Resources (Microelectronics) Limited, holds 66.21% of the shares, totaling 878,982,146 shares[10] Other Income and Expenses - The company reported non-recurring gains of CNY 18,280,344.72, primarily due to government subsidies and other non-operating income[8] - Other income for Q1 2025 was CNY 54,281,973.39, up from CNY 37,787,374.55 in Q1 2024, indicating a growth of 43.5%[16] - Investment loss for Q1 2025 was CNY -133,063,167.10, worsening from CNY -73,691,406.48 in Q1 2024[16] Cash Management - The cash and cash equivalents stood at CNY 8,919,003,748.64, up from CNY 8,682,943,010.40, marking an increase of about 2.73%[12] - The cash and cash equivalents at the end of the period totaled 8,919,002,502.64, slightly down from 8,978,792,952.32 in the previous period[20] - Cash outflow for investment activities amounted to 207,268,248.92, significantly higher than 3,103,671,492.88 in the previous period[20] - Cash inflow from investment activities was recorded at 35,809,398.55, compared to 812,147.27 previously[20] - The company received 14,000,000.00 in cash from borrowings, indicating ongoing financing efforts[20] - The impact of exchange rate changes on cash and cash equivalents was 837,270.36, showing a minor positive effect[20] Future Outlook - The company plans to implement new accounting standards starting from 2025, which may affect future financial reporting[20]