SHCD(SH:603887)2025-04-29 16:40Financial Performance - The company's operating revenue for Q1 2025 reached ¥419,885,418.70, representing a 72.45% increase compared to ¥243,476,890.88 in the same period last year[4] - Net profit attributable to shareholders was ¥18,224,649.74, a significant recovery from a loss of ¥45,873,205.87 in the previous year[4] - The basic earnings per share improved to ¥0.03 from a loss of ¥0.10 in the same period last year[5] - Operating costs for Q1 2025 were ¥436,383,268.13, up 37.2% from ¥317,848,399.08 in Q1 2024[19] - Net profit for Q1 2025 was ¥18,224,649.74, a turnaround from a net loss of ¥45,873,205.87 in Q1 2024[20] Assets and Liabilities - Total assets increased by 30.27% to ¥10,405,813,183.58 from ¥7,987,759,067.49 at the end of the previous year[5] - The company reported a total asset of RMB 10.41 billion as of March 31, 2025, compared to RMB 7.99 billion as of March 31, 2024, reflecting a year-over-year increase of approximately 30.4%[16] - Current assets increased to RMB 5.63 billion from RMB 3.84 billion, representing a growth of about 47.5% year-over-year[15] - Total liabilities rose to RMB 6.83 billion from RMB 4.44 billion, reflecting an increase of about 54% year-over-year[16] - Short-term borrowings increased slightly to RMB 756 million from RMB 741 million, a rise of about 2%[16] - Long-term borrowings saw a significant increase to RMB 1.99 billion from RMB 711 million, representing a growth of approximately 179%[16] Cash Flow - The net cash flow from operating activities was negative at -¥409,391,929.66, a decline of 1,600.37% compared to ¥27,286,116.78 in the previous year[4] - The company reported a net cash outflow from operating activities of ¥409,391,929.66 in Q1 2025, compared to a net inflow of ¥27,286,116.78 in Q1 2024[24] - Cash inflow from financing activities in Q1 2025 was ¥1,706,026,142.74, significantly higher than ¥541,842,523.49 in Q1 2024[24] - The net cash flow from financing activities amounted to ¥1,404,047,715.99, a significant increase compared to ¥133,755,678.95 from the previous period[25] - The total cash and cash equivalents at the end of the period reached ¥911,864,923.72, up from ¥855,366,645.33[25] Shareholder Information - The company had a total of 78,117 common shareholders at the end of the reporting period[10] - The company has a total of 76,051,395 shares held by the largest shareholder, accounting for 12.49% of total shares[12] - The company has not reported any significant changes in the participation of major shareholders in margin financing or securities lending activities[12] Operational Insights - The increase in operating revenue is attributed to the gradual delivery of new orders signed in the second half of 2024[8] - The company recorded a significant increase in cash received from sales and services, totaling ¥869,155,152.20 in Q1 2025, compared to ¥753,405,843.43 in Q1 2024[23] - Research and development expenses for Q1 2025 were ¥11,022,224.19, a decrease of 20.3% from ¥13,840,288.52 in Q1 2024[20] - The company received government subsidies amounting to ¥2,493,498.78, which are closely related to its normal business operations[6] Equity - The company’s weighted average return on equity was 0.51%, recovering from -1.64% in the previous year[5] - The total equity attributable to shareholders increased slightly by 0.60% to ¥3,572,873,897.55 from ¥3,551,729,460.31 at the end of the previous year[5] - The company’s total equity attributable to shareholders was ¥3,572,873,897.55, up from ¥3,551,729,460.31 year-over-year[18]