Financial Performance - Net profit attributable to shareholders for Q1 2025 reached ¥13,402,708.99, representing a year-on-year increase of 10.35%[10] - Operating revenue for the first quarter of 2025 was ¥43,550,992.36, reflecting a growth of 34.49% compared to the same period last year[10] - Operating profit for Q1 2025 was ¥14,381,256.94, compared to ¥7,581,356.26 in Q1 2024, indicating an increase of about 89.5%[35] - Net profit for Q1 2025 was ¥13,402,708.99, up from ¥12,145,312.00 in Q1 2024, reflecting a growth of approximately 10.4%[35] - Total revenue for Q1 2025 reached ¥43,550,992.36, a significant increase from ¥32,381,736.60 in Q1 2024, representing a growth of approximately 34.5%[34] - Total comprehensive income for Q1 2025 was ¥13,807,150.99, up from ¥10,241,835.85 in Q1 2024, showing a 35.1% increase[38] Cash Flow - The company's net cash flow from operating activities was -¥36,323,410.52, indicating a decline due to increased cash payments for goods and services[13] - Cash flow from operating activities in Q1 2025 was negative at -¥36,323,410.52, worsening from -¥26,832,291.63 in Q1 2024[39] - The net cash flow from financing activities surged by 909.13% to ¥17,614,658.02, primarily due to funds raised from oversubscribed placements[13] - Financing activities generated a net cash inflow of ¥17,614,658.02 in Q1 2025, compared to ¥1,745,524.52 in Q1 2024, indicating improved financing conditions[40] - The net cash flow from investing activities was -$108.41 million, a significant increase in negative cash flow compared to -$7.99 million last period, indicating aggressive investment strategies[43] Assets and Liabilities - Total assets as of March 31, 2025, amounted to ¥707,879,270.88, a decrease of 2.59% compared to the end of the previous year[10] - Total current assets as of March 31, 2025, amounted to ¥633,505,971.18, a slight decrease from ¥649,220,896.38 on December 31, 2024[28] - Total liabilities increased from ¥251,118,630.81 on December 31, 2024, to ¥191,803,790.04 as of March 31, 2025, indicating a decrease of approximately 23.6%[30] - The company's total liabilities to total assets ratio decreased to 27.10% from 34.55% in the previous year, indicating improved financial stability[10] - The company's total liabilities to equity ratio improved from approximately 0.53 on December 31, 2024, to 0.37 as of March 31, 2025, reflecting a stronger financial position[30] Shareholder Information - The total number of unrestricted shares remained at 26,125,000, accounting for 22.89% of total shares[18] - The total number of restricted shares increased from 83,875,000 to 88,000,000, representing 77.11% of total shares[18] - The largest shareholder, Zhongke Xingtou Co., Ltd., holds 38,250,000 shares, representing 33.52% of total shares[20] - The second-largest shareholder, Jiutian Investment Partnership, holds 23,450,781 shares, accounting for 20.55%[20] - The total number of shareholders with more than 5% ownership is concentrated among the top ten shareholders, holding a combined 76.34%[20] Research and Development - Research and development expenses increased by 68.71% to ¥13,177,888.53, aimed at enhancing competitiveness and innovation capabilities[12] - Research and development expenses increased significantly to ¥13,177,888.53 in Q1 2025 from ¥7,811,021.27 in Q1 2024, marking an increase of approximately 68.3%[34] - Research and development expenses increased significantly to ¥12,504,659.49 in Q1 2025, up from ¥7,200,189.54 in Q1 2024, marking a 73.5% increase[37] Legal and Compliance - The company has not reported any significant legal disputes or external guarantees during the reporting period[24] - The company has fulfilled its obligations regarding related party transactions in a timely manner[24]
星图测控(920116) - 2025 Q1 - 季度财报