SONAVOX(SH:688533)2025-04-29 13:43Financial Performance - The company's operating revenue for Q1 2025 was ¥636,072,724.12, representing a 6.40% increase compared to ¥597,800,414.49 in the same period last year[4] - Net profit attributable to shareholders decreased by 53.27% to ¥27,325,457.18 from ¥58,475,460.53 year-on-year[4] - The net profit after deducting non-recurring gains and losses fell by 43.03% to ¥23,922,715.50 from ¥41,989,077.29 in the previous year[4] - The basic earnings per share decreased by 54.05% to ¥0.17 from ¥0.37 in the same period last year[5] - Net profit for Q1 2025 was ¥26,088,743.75, a decrease of 55.2% from ¥58,299,386.78 in Q1 2024[18] - Basic earnings per share for Q1 2025 was ¥0.17, down from ¥0.37 in Q1 2024[18] - The company reported a decrease in other income from ¥20,842,296.57 in Q1 2024 to ¥5,209,381.77 in Q1 2025[17] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -¥77,627,967.80, compared to ¥99,771,166.88 in the same period last year, indicating a significant cash outflow[4] - Cash flow from operating activities in Q1 2025 was negative at -¥77,627,967.80, compared to positive cash flow of ¥99,771,166.88 in Q1 2024[21] - Cash and cash equivalents at the end of Q1 2025 totaled ¥393,820,716.03, down from ¥509,359,744.07 at the end of Q1 2024[22] - Investment activities generated a net cash outflow of -¥56,443,868.61 in Q1 2025, compared to -¥80,481,716.28 in Q1 2024[22] - Financing activities resulted in a net cash outflow of -¥7,298,092.03 in Q1 2025, contrasting with a net inflow of ¥27,639,882.07 in Q1 2024[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,212,196,958.83, a decrease of 3.54% from ¥3,330,238,800.71 at the end of the previous year[5] - Current assets totaled CNY 1,891,580,660.40, down from CNY 2,044,547,714.82, indicating a decrease of about 7.47%[14] - Cash and cash equivalents decreased to CNY 393,820,716.03 from CNY 531,710,588.83, representing a decline of approximately 26.0%[14] - Accounts receivable decreased to CNY 751,058,867.62 from CNY 832,608,794.06, a reduction of about 9.8%[14] - Inventory slightly decreased to CNY 400,397,523.65 from CNY 413,900,391.22, showing a decline of approximately 3.3%[14] - Total liabilities decreased to CNY 1,575,508,777.87 from CNY 1,730,072,262.46, reflecting a decrease of about 8.95%[16] - Total equity increased to CNY 1,636,688,180.96 from CNY 1,600,166,538.25, indicating an increase of approximately 2.27%[16] - The company reported a significant reduction in accounts payable, which decreased to CNY 347,449,529.83 from CNY 453,022,358.72, a decline of about 23.3%[15] - Long-term investments increased to CNY 11,490,420.67 from CNY 8,741,746.82, representing an increase of approximately 31.9%[14] Research and Development - Research and development expenses totaled ¥45,164,543.12, an increase of 12.10% from ¥40,290,049.56, with R&D expenses accounting for 7.10% of operating revenue, up from 6.74%[5] - The company experienced a significant increase in research and development expenses, which rose to ¥45,164,543.12 in Q1 2025 from ¥40,290,049.56 in Q1 2024[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,071[10] - The company has not reported any significant changes in shareholder relationships or participation in margin trading activities[11] Accounting Standards - The new accounting standards or interpretations will be implemented starting from 2025, affecting the financial statements from the beginning of that year[23]