KPA(SH:688681)2025-04-29 13:50Financial Performance - The company's operating revenue for Q1 2025 was ¥82,934,740.57, representing a 31.78% increase compared to ¥62,934,793.37 in the same period last year[4] - The net profit attributable to shareholders was -¥589,132.26, an improvement from -¥4,823,123.80 year-on-year[4] - Net profit for Q1 2025 was -¥625,422.21, an improvement from -¥4,803,131.76 in Q1 2024[17] - Operating profit for Q1 2025 was ¥829,928.95, compared to a loss of -¥3,847,804.71 in Q1 2024[17] - The company reported a total comprehensive income of -¥498,662.02 for Q1 2025, improving from -¥4,671,947.36 in Q1 2024[17] - Basic and diluted earnings per share for Q1 2025 were both -¥0.01, compared to -¥0.05 in Q1 2024[17] Cash Flow - The net cash flow from operating activities was -¥10,073,323.57, slightly worse than -¥9,434,845.81 in the previous year[4] - Cash flow from operating activities showed a net outflow of -¥10,073,323.57 in Q1 2025, slightly worse than -¥9,434,845.81 in Q1 2024[20] - Cash flow from investing activities resulted in a net outflow of -¥76,350,261.84 in Q1 2025, compared to -¥119,224,197.49 in Q1 2024[21] - Cash flow from financing activities generated a net inflow of ¥2,804,036.07 in Q1 2025, contrasting with a net outflow of -¥4,145,275.36 in Q1 2024[21] - The ending cash and cash equivalents balance for Q1 2025 was ¥96,717,485.68, up from ¥61,628,715.68 in Q1 2024[21] Research and Development - Research and development expenses totaled ¥9,466,307.17, up 13.49% from ¥8,340,918.41 in the same period last year[4] - The proportion of R&D expenses to operating revenue decreased to 11.41%, down 1.84 percentage points from 13.25%[5] Assets and Liabilities - The total assets at the end of the reporting period were ¥783,354,504.95, a decrease of 2.73% from ¥805,335,980.50 at the end of the previous year[5] - Current assets totaled CNY 530,418,763.87, down from CNY 555,040,912.37 in the previous period, indicating a decline of approximately 4.4%[13] - Inventory increased to CNY 78,623,855.61, up from CNY 63,229,957.96, reflecting a growth of about 24.4%[13] - Short-term borrowings rose to CNY 14,066,884.68 from CNY 10,940,241.90, representing an increase of approximately 28.5%[14] - Total liabilities decreased to CNY 207,188,839.84 from CNY 228,445,277.52, a reduction of about 9.3%[14] - The equity attributable to shareholders was ¥575,308,327.10, down 0.12% from ¥575,997,075.01 at the end of the previous year[5] - The company reported a decrease in cash and cash equivalents to CNY 103,524,879.31 from CNY 189,924,049.62, a decline of approximately 45.5%[12] - Accounts receivable decreased to CNY 209,244,977.83 from CNY 216,629,640.02, a decline of about 3.4%[12] - The company’s long-term investments increased to CNY 54,688,217.85 from CNY 53,696,538.60, reflecting a growth of approximately 1.85%[13] - The company’s total liabilities and equity amounted to CNY 783,354,504.95, consistent with total assets, indicating a balanced financial position[15] Sales and Market Performance - The company confirmed an increase in sales revenue from smart grid fault monitoring and automation products due to the recovery in demand for magnetic reluctance motor downstream markets[7] - The company's comprehensive gross profit margin improved by 3.50 percentage points compared to the previous year, driven by higher sales of smart grid fault monitoring and automation products[7] - Total operating costs increased to ¥85,558,817.53 in Q1 2025, up 20.9% from ¥70,818,853.75 in Q1 2024[16]