逸飞激光(688646) - 2025 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2025 reached ¥236,035,977.10, representing a 97.61% increase compared to ¥119,447,852.63 in the same period last year[2] - Net profit attributable to shareholders decreased by 42.70% to ¥9,077,334.42 from ¥15,840,608.70 year-on-year[2] - The basic earnings per share dropped by 41.18% to ¥0.10 from ¥0.17 in the same period last year[3] - Net profit for Q1 2025 was ¥14,984,639.96, slightly down from ¥15,645,686.79 in Q1 2024, representing a decrease of 4.2%[17] Research and Development - R&D investment totaled ¥27,082,676.57, an increase of 67.77% compared to ¥16,142,746.84 in the previous year[3] - R&D expenses in Q1 2025 amounted to ¥27,082,676.57, an increase of 67.8% compared to ¥16,142,746.84 in Q1 2024[17] - The proportion of R&D investment to revenue decreased by 2.04 percentage points to 11.47%[3] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥55,572,005.66, slightly worse than -¥55,384,878.32 in the previous year[2] - Cash flow from operating activities for Q1 2025 was ¥158,351,074.68, compared to ¥84,188,010.60 in Q1 2024, indicating an increase of 88.1%[20] - The ending cash and cash equivalents balance was $129.75 million, down from $133.41 million in the previous period, reflecting a decrease in liquidity[22] - Cash received from tax refunds amounted to $2.50 million, contributing positively to cash inflows[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,779,651,176.56, a decrease of 1.52% from ¥2,822,617,495.55 at the end of the previous year[3] - Total liabilities as of the end of the reporting period were ¥1,214,613,636.26, a slight decrease from ¥1,240,952,546.89 in the previous period[14] - The company's total non-current assets increased to ¥792,570,617.77 from ¥716,172,437.14, reflecting a growth of 10.6%[14] Share Repurchase - The company repurchased a total of 812,096 shares, accounting for 0.85% of the total share capital, with a total expenditure of RMB 32,224,218.20[10] - The highest repurchase price was RMB 44.80 per share, while the lowest was RMB 38.15 per share[10] - The company plans to use at least 50% of the repurchased shares for employee stock ownership plans and the remaining for capital reduction[9] - The total amount allocated for the share repurchase program is between RMB 50 million and RMB 100 million[9] - The company reported a total of 3,962,096 shares held in the repurchase account as of the report date[9] Investment Activities - Total cash inflow from investment activities was $528.79 million, up from $443.65 million year-over-year, reflecting a strong recovery in investment receipts[21] - Cash outflow for investment activities totaled $494.30 million, compared to $422.05 million in the previous period, showing increased investment spending[21] - Cash inflow from the recovery of investments was $520.30 million, up from $440.00 million, highlighting successful investment recoveries[21] Operating Costs - Total operating costs for Q1 2025 were ¥229,328,581.03, up 115.5% from ¥106,500,930.83 in Q1 2024[16] - Cash paid for employee compensation was $51.77 million, an increase from $39.56 million, indicating higher personnel costs[21] - Cash paid for dividends and interest was $1.31 million, compared to $0.66 million, reflecting increased shareholder returns[22]