Financial Performance - Net profit attributable to shareholders rose by 60.30% to CNY 202,963,224.17 year-on-year[9] - Operating revenue grew by 35.43% to CNY 809,728,839.81 in the first quarter of 2025[9] - The company’s basic earnings per share rose by 60.32% to CNY 2.02[9] - The weighted average return on equity increased to 9.15% from 8.04% year-on-year[9] - The net profit for Q1 2025 reached CNY 202,751,987.25, a significant increase of 60.2% compared to CNY 126,595,288.22 in Q1 2024[40] - The total profit for Q1 2025 was CNY 232,589,335.88, an increase from CNY 145,210,001.91 in Q1 2024, representing a growth of 60.1%[40] - The total comprehensive income for Q1 2025 was CNY 203,957,053.75, compared to CNY 125,268,646.20 in Q1 2024, marking an increase of 62.7%[40] Asset and Liability Management - Total assets increased by 38.14% to CNY 4,553,520,211.93 compared to the end of last year[9] - The company's total liabilities to assets ratio decreased to 27.80% from 35.78% at the end of the previous year[9] - The total liabilities as of March 31, 2025, were CNY 1,265,846,423.50, compared to CNY 1,179,393,337.95 at the end of 2024, representing an increase of approximately 7.3%[35] - The equity attributable to shareholders increased to CNY 3,286,245,985.50 from CNY 2,115,283,084.34, marking a growth of around 55.3%[35] - The total current assets amounted to ¥3,922,369,295.64 as of March 31, 2025, up from ¥2,661,004,871.92 at the end of 2024, indicating a growth of approximately 47.3%[36] Cash Flow Analysis - The company's cash flow from operating activities increased by 21.62% to CNY 109,612,026.71[9] - The company reported a significant increase in cash flow from financing activities, up 47,672.93% to CNY 1,115,533,659.52 due to new share issuance and loans[12] - The cash inflow from operating activities in Q1 2025 was CNY 896,872,688.31, compared to CNY 789,526,270.29 in Q1 2024, an increase of 13.6%[44] - The company reported cash inflow from sales of goods and services of ¥774,025,595.04, compared to ¥663,227,025.47 in the previous year, indicating a growth of 16.7%[46] - The company’s total cash and cash equivalents increased by ¥1,229,157,740.39 in Q1 2025, compared to an increase of ¥142,260,175.98 in Q1 2024[47] Research and Development - Research and development expenses increased by 41.54% to CNY 42,429,347.20, reflecting the company's commitment to innovation[11] - Research and development expenses for Q1 2025 were ¥42,429,347.20, compared to ¥29,976,522.53 in Q1 2024, showing an increase of approximately 41.5%[39] Shareholder Information - The total number of ordinary shares increased from 100.40 million to 133.87 million, with the proportion of restricted shares decreasing from 100% to 76.25%[17] - The largest shareholder, Shenzhen Great Wall Development Technology, holds 70 million shares, representing 52.29% of the total shares[18] - The total number of ordinary shareholders is 24,661, indicating a broad base of ownership[17] - The number of shareholders holding more than 5% of shares includes several entities, with the top three holding a combined total of 89.49%[18] Operational Efficiency - The total sales expenses for the last fiscal year were approximately 36.65 million, compared to 36.20 million in the previous year, reflecting an increase[15] - The operating costs for the last fiscal year were approximately 442.18 million, slightly down from 442.64 million in the previous year[15] - The company's short-term borrowings increased to ¥322,595,744.06 as of March 31, 2025, compared to ¥177,863,936.82 at the end of 2024, reflecting an increase of about 81.5%[37] Legal and Compliance - The company has not reported any significant legal disputes or penalties during the reporting period[21] - The company reported no pledges or judicial freezes on shares held by major shareholders[20] - The company has approved a guarantee for its wholly-owned subsidiary for the year 2025, as disclosed in the announcement[23] - The company has also approved the expected daily related transactions for 2025, with no exceeded amounts reported during the reporting period[24]
开发科技(920029) - 2025 Q1 - 季度财报