CLOUDWALK(SH:688327)2025-04-29 15:53Financial Performance - The company's operating revenue for Q1 2025 was ¥37,233,234.47, a decrease of 31.56% compared to ¥54,403,525.48 in the same period last year[3] - The net profit attributable to shareholders was -¥123,934,878.06, improving from -¥160,668,732.04 year-on-year[3] - Total revenue for Q1 2025 was CNY 37,233,234.47, a decrease of 31.7% compared to CNY 54,403,525.48 in Q1 2024[17] - Net loss for Q1 2025 was CNY 130,703,155.44, an improvement from a net loss of CNY 164,223,467.00 in Q1 2024[18] - The company reported a total comprehensive loss of CNY 130,089,059.53 for Q1 2025, compared to a loss of CNY 162,883,283.97 in Q1 2024[18] Research and Development - Total R&D expenditure was ¥51,643,649.07, down 58.37% from ¥98,874,820.66 in the previous year, with R&D expenses accounting for 138.70% of operating revenue, a decrease of 89.31 percentage points[4] - Research and development expenses for Q1 2025 were CNY 50,657,811.83, significantly lower than CNY 124,043,962.93 in Q1 2024[17] Cash Flow - The net cash flow from operating activities was -¥15,764,129.91, an improvement from -¥62,441,412.62 in the same period last year[3] - Cash inflow from operating activities for Q1 2025 was $230.59 million, up from $151.45 million in Q1 2024, representing a 52% increase[21] - Net cash outflow from operating activities for Q1 2025 was -$15.76 million, an improvement compared to -$62.44 million in Q1 2024[21] - Total cash outflow from operating activities in Q1 2025 was $246.35 million, compared to $213.89 million in Q1 2024[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,973,267,878.56, a slight decrease of 0.45% from ¥1,982,248,295.74 at the end of the previous year[4] - The company's total liabilities increased to CNY 1,165,212,063.50 as of March 31, 2025, compared to CNY 1,092,174,657.04 as of December 31, 2024[15] - The total equity attributable to shareholders decreased to CNY 1,042,438,181.30 as of March 31, 2025, from CNY 1,117,920,154.81 as of December 31, 2024[15] Market Conditions - The company attributed the decline in operating revenue to intensified market competition and a reduction in new orders[8] - The company has not disclosed any new product developments or market expansion strategies in this report[3] - There are no indications of any new strategies or product developments mentioned in the conference call[12] - The company has not reported any new product launches or significant market expansions during this period[20] Shareholder Information - The company reported a total of 58,708 common shareholders at the end of the reporting period[9] - The company has not reported any significant changes in its major shareholders or their relationships during the reporting period[12]