颀中科技(688352) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was CNY 474,310,296.66, representing a 6.97% increase compared to CNY 443,405,252.67 in the same period last year[3]. - Net profit attributable to shareholders decreased by 61.60% to CNY 29,448,437.25 from CNY 76,687,049.55 year-over-year[3]. - Basic and diluted earnings per share decreased by 66.67% to CNY 0.02 from CNY 0.06 in the previous year[3]. - Total operating revenue for Q1 2025 reached ¥474,310,296.66, an increase from ¥443,405,252.67 in Q1 2024, representing a growth of approximately 6.4%[16]. - Net profit for Q1 2025 was ¥29,448,437.25, a decrease from ¥76,687,049.55 in Q1 2024, reflecting a decline of approximately 61.5%[18]. - Earnings per share for Q1 2025 were ¥0.02, down from ¥0.06 in Q1 2024, showing a reduction of 66.7%[18]. Cash Flow - The net cash flow from operating activities fell by 46.72% to CNY 74,234,875.87, primarily due to increased cash payments for goods and services[3]. - Cash inflow from operating activities totaled $587,060,291.56, an increase from $567,931,452.87 in the previous period, reflecting a growth of approximately 2.0%[20]. - Cash outflow from operating activities was $512,825,415.69, compared to $428,605,573.13 previously, indicating an increase of about 19.7%[20]. - Net cash flow from operating activities decreased to $74,234,875.87 from $139,325,879.74, representing a decline of approximately 46.6%[20]. - Cash inflow from investment activities was $2,517,759,615.21, significantly up from $430,357,193.97, marking an increase of around 485.5%[20]. - Cash outflow from investment activities rose to $2,522,894,583.03 from $665,098,796.56, reflecting an increase of about 278.5%[20]. - The net cash flow from investment activities was -$5,134,967.82, an improvement from -$234,741,602.59 in the previous period[21]. - Cash inflow from financing activities was $41,275,200.00, compared to no inflow in the previous period[21]. - Cash outflow from financing activities decreased to $67,743,716.58 from $244,758,183.85, a reduction of approximately 72.3%[21]. - The net cash flow from financing activities was -$67,743,716.58, improving from -$203,482,983.85 previously[21]. - The ending cash and cash equivalents balance was $988,482,353.22, up from $1,826,573,159.78 at the beginning of the period[21]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,921,485,746.87, a slight decrease of 0.99% from CNY 6,991,013,658.68 at the end of the previous year[4]. - Current assets decreased to CNY 2,190,362,208.87 from CNY 2,355,381,006.67, indicating a decline of approximately 7.0%[12]. - Cash and cash equivalents increased to CNY 988,482,353.22 from CNY 984,490,583.43, showing a growth of about 0.2%[12]. - The company's inventory rose to CNY 507,551,173.41 from CNY 468,474,132.37, reflecting an increase of approximately 8.4%[12]. - Short-term borrowings decreased significantly to CNY 94,614,827.96 from CNY 135,963,108.63, a reduction of about 30.4%[13]. - Total current liabilities decreased to CNY 643,825,685.08 from CNY 712,792,356.26, representing a decline of approximately 9.7%[13]. - Total liabilities decreased to ¥873,295,337.32 in Q1 2025 from ¥987,721,636.48 in Q1 2024, a reduction of about 11.6%[14]. - Total equity attributable to shareholders increased to ¥6,048,190,409.55 in Q1 2025 from ¥6,003,292,022.20 in Q1 2024, reflecting a growth of approximately 0.75%[14]. Research and Development - Research and development expenses totaled CNY 43,374,981.57, a 40.77% increase from CNY 30,812,790.94, accounting for 9.14% of revenue[3][4]. - Research and development expenses for Q1 2025 were ¥43,374,981.57, compared to ¥30,812,790.94 in Q1 2024, marking an increase of about 40.6%[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,752[7]. - The company has a major shareholder, Hefei Qizhong Technology Holding Co., Ltd., holding 33.40% of shares[8]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder holding over 33%[8]. Other Financial Metrics - The weighted average return on equity dropped by 0.82 percentage points to 0.49% from 1.31%[3]. - The company reported non-recurring gains and losses totaling CNY 465,771.35, with a significant portion attributed to asset disposal losses[5][6]. - The decline in net profit was mainly due to increased costs related to equipment depreciation, stock incentives, and labor expenses[6]. - The company reported a significant decrease in employee compensation liabilities, dropping to CNY 29,001,600.41 from CNY 70,641,541.97, a decline of approximately 58.9%[13].