Sinocat(688737)2025-04-29 16:00Financial Performance - The company's operating revenue for Q1 2025 was CNY 402,838,256.87, representing a year-on-year increase of 7.52% compared to CNY 374,665,999.81 in the same period last year[5]. - The net profit attributable to shareholders decreased by 46.91% to CNY 7,701,600.96 from CNY 14,506,176.77 in the previous year[5]. - The basic and diluted earnings per share decreased by 50.00% to CNY 0.06 from CNY 0.12 in the same period last year[5]. - Net profit for Q1 2025 was ¥8,387,094.19, a decrease of 44.3% from ¥14,992,777.70 in Q1 2024[22]. - The operating profit for Q1 2025 was ¥8,337,952.59, down from ¥14,829,018.78 in Q1 2024, indicating a decline of 43.5%[22]. Cash Flow - The net cash flow from operating activities turned negative at CNY -170,561,806.74, a decline of 363.96% compared to CNY 64,617,510.20 in the same period last year[5]. - Cash received from sales of goods and services in Q1 2025 was ¥126,308,251.68, significantly lower than ¥239,216,668.65 in Q1 2024[24]. - The net cash flow from operating activities was -170,561,806.74, compared to 64,617,510.20 in the previous period[25]. - Cash inflow from investment activities totaled 42,608,305.56, down from 281,225,878.61 in the prior period[25]. - The total cash and cash equivalents at the end of the period were 54,458,470.00, down from 72,375,848.15 at the beginning[26]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,049,648,136.81, reflecting a 6.03% increase from CNY 2,876,111,923.70 at the end of the previous year[6]. - Total liabilities rose to ¥1,195,985,731.17 in Q1 2025, up from ¥1,030,882,573.12 in Q1 2024[19]. - Shareholders' equity increased to ¥1,853,662,405.64 in Q1 2025, compared to ¥1,845,229,350.58 in Q1 2024[19]. - The company's long-term investments decreased to ¥1,639,562 from ¥2,774,129, reflecting a decline of about 41.0%[17]. Expenses - Research and development expenses totaled CNY 25,441,529.18, an increase of 17.84% from CNY 21,589,303.18, accounting for 6.32% of operating revenue[5]. - Total operating costs for Q1 2025 were ¥401,811,739.90, up from ¥373,443,302.97 in Q1 2024, reflecting a 7.6% increase[22]. - The company paid 38,904,203.99 in cash to employees, an increase from 27,684,428.03 in the prior period[25]. - The cash outflow for taxes paid was 4,367,332.11, significantly higher than 453,628.70 previously[25]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,458[12]. - There are no significant changes in shareholder structure or major acquisitions reported in the latest financial disclosures[14]. Growth and Strategy - The company is actively cultivating new growth points, although increased sales and management expenses have impacted net profit[10]. - The company has not disclosed any new product developments or market expansion strategies during the reporting period[15].