PSR Tech(SH:688565)2025-04-29 13:43Financial Performance - The company's operating revenue for Q1 2025 was CNY 49,945,726.11, representing a year-on-year increase of 0.65% compared to CNY 49,621,810.11 in the same period last year[4]. - Net profit attributable to shareholders was CNY 2,887,334.97, a significant increase of 454.20% from CNY 520,987.59 in the previous year[4]. - Basic and diluted earnings per share were both CNY 0.0190, reflecting an increase of 458.82% from CNY 0.0034 in the previous year[4]. - Operating profit for Q1 2025 reached CNY 4,354,118.45, significantly up from CNY 1,421,358.73 in Q1 2024, marking an increase of 206.4%[16]. - Net profit for Q1 2025 was CNY 2,887,334.97, compared to CNY 520,987.59 in Q1 2024, representing a growth of 453.5%[16]. - Total revenue for Q1 2025 was CNY 49,945,726.11, a slight increase of 0.65% compared to CNY 49,621,810.11 in Q1 2024[15]. Cash Flow and Assets - The net cash flow from operating activities was CNY 14,715,924.28, a turnaround from a negative cash flow of CNY -674,599.06 in the same period last year[4]. - Cash flow from operating activities for Q1 2025 was CNY 14,715,924.28, a turnaround from a negative cash flow of CNY -674,599.06 in Q1 2024[18]. - Total cash and cash equivalents at the end of Q1 2025 were CNY 94,276,564.79, compared to CNY 60,240,956.38 at the end of Q1 2024[18]. - The company's cash and cash equivalents decreased to RMB 115,444,805.63 from RMB 125,447,348.68, representing a decline of about 8.0%[12]. - The company's total assets at the end of the reporting period were CNY 906,843,675.98, a decrease of 0.42% from CNY 910,667,585.80 at the end of the previous year[5]. Liabilities and Equity - Total liabilities decreased to RMB 416,188,294.81 from RMB 422,899,539.60, a reduction of about 1.8%[14]. - The equity attributable to shareholders increased to RMB 490,655,381.17 from RMB 487,768,046.20, reflecting a growth of approximately 0.4%[14]. - The company reported a significant increase in contract liabilities to RMB 221,419,907.99 from RMB 198,761,272.97, representing a rise of about 11.4%[13]. Research and Development - Research and development expenses totaled CNY 4,457,299.38, down 22.53% from CNY 5,753,424.44 in the same period last year[4]. - The proportion of R&D expenses to operating revenue decreased to 8.92%, down 2.67 percentage points from 11.59% in the previous year[5]. - Research and development expenses for Q1 2025 were CNY 4,457,299.38, down from CNY 5,753,424.44 in Q1 2024, indicating a decrease of 22.5%[15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 4,378, with the top ten shareholders' holdings detailed in the report[10]. - The number of shares held by the largest shareholder, Shen Wanzhong, is 48,482,000, accounting for 31.91% of total shares[11]. - The company has no significant changes in the participation of major shareholders in margin financing and securities lending activities compared to the previous period[12]. Other Income and Expenses - The company reported non-recurring gains of CNY 65,624.16, primarily from government subsidies and asset disposals[6]. - The company reported a significant increase in other income, which rose to CNY 88,184.56 in Q1 2025 from CNY 7,742,069.66 in Q1 2024[16]. - The company incurred credit impairment losses of CNY 6,781,219.65 in Q1 2025, compared to CNY 5,214,749.42 in Q1 2024, reflecting an increase of 30.1%[16].