KHtech(603052)2025-04-29 15:03Financial Performance - The company's operating revenue for Q1 2025 was CNY 201,867,786.97, representing a year-on-year increase of 27.66% compared to CNY 158,124,830.93 in the same period last year[4]. - Net profit attributable to shareholders decreased by 48.82% to CNY 10,769,411.80 from CNY 21,040,471.09 in the previous year[4]. - Basic and diluted earnings per share both decreased by 50.00% to CNY 0.08 from CNY 0.16 in the same period last year[4]. - Total operating revenue for Q1 2025 reached ¥201,867,786.97, an increase of 27.6% compared to ¥158,124,830.93 in Q1 2024[21]. - Net profit for Q1 2025 was ¥10,435,099.33, a decrease of 46.8% from ¥19,618,311.49 in Q1 2024[22]. - Basic earnings per share for Q1 2025 were ¥0.08, compared to ¥0.16 in Q1 2024[22]. Cash Flow and Assets - The net cash flow from operating activities fell by 41.64% to CNY 27,148,325.94, down from CNY 46,522,663.32 year-on-year[4]. - Cash and cash equivalents as of March 31, 2025, amount to RMB 402,120,934.31, down from RMB 458,661,482.49 at the end of 2024[16]. - The net cash flow from operating activities was $27,148,325.94, a decrease of 41.5% compared to $46,522,663.32 in Q1 2024[26]. - The ending balance of cash and cash equivalents was $402,120,934.31 in Q1 2025, a decrease from $419,908,643.46 in Q1 2024[27]. - Total assets at the end of the reporting period were CNY 1,614,304,733.55, a decrease of 2.08% from CNY 1,648,518,835.67 at the end of the previous year[5]. - The company's total assets decreased to ¥1,614,304,733.55 in Q1 2025 from ¥1,648,518,835.67 in Q1 2024[19]. Expenses and Liabilities - Total operating costs for Q1 2025 were ¥195,088,777.47, up 34% from ¥145,679,000.27 in Q1 2024[21]. - The company's total equity attributable to shareholders was ¥1,106,446,011.10 in Q1 2025, down from ¥1,116,055,789.80 in Q1 2024[19]. - The company reported a credit impairment loss of ¥1,030,452.10 in Q1 2025, down from ¥6,645,281.80 in Q1 2024[22]. - Total liabilities decreased to ¥512,982,761.46 in Q1 2025 from ¥537,252,772.41 in Q1 2024[19]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 8,355[10]. - The top two shareholders, Zhu Chunhua and Shi Huiqing, hold 36.34% and 33.28% of shares respectively[10]. - The top ten shareholders include various investment funds and individuals, with no significant changes reported in their holdings[11]. - The company has not disclosed any related party transactions among other shareholders[11]. Business Initiatives and R&D - The company reported an increase in management and R&D expenses by CNY 4 million due to new business initiatives, including lithium battery composite materials and laser sensor projects[8]. - The company is focusing on expanding its new business lines and enhancing R&D capabilities to drive future growth[8]. - Research and development expenses increased to ¥11,580,473.60 in Q1 2025 from ¥9,704,425.43 in Q1 2024, reflecting a focus on innovation[21]. Convertible Bonds and Financial Management - The company plans to issue convertible bonds to unspecified investors, approved by the board and shareholders[12]. - The company has appointed Nanjing Securities as the sponsor for the convertible bond issuance[13]. Non-Recurring Gains and Losses - Non-recurring gains and losses amounted to CNY 1,497,631.78, with significant contributions from government subsidies and financial asset management income[6][7].