Novoray(SH:688300)2025-05-16 09:20Financial Performance - The company's operating revenue for Q1 2025 was CNY 238,689,614.37, representing an 18.00% increase compared to CNY 202,281,462.28 in the same period last year[4] - Net profit attributable to shareholders was CNY 63,037,699.67, up 21.99% from CNY 51,675,319.33 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 58,612,076.79, reflecting a 28.66% increase from CNY 45,554,579.27 in the previous year[4] - Operating profit for the first quarter of 2025 reached CNY 73,435,039.56, compared to CNY 58,689,895.93 in the first quarter of 2024, indicating a year-over-year increase of about 25.1%[18] - The total comprehensive income for the first quarter of 2025 was CNY 62,993,491.33, up from CNY 51,282,778.27 in the same quarter of 2024, reflecting a growth of around 22.7%[18] - Basic and diluted earnings per share for Q1 2025 were both CNY 0.34, compared to CNY 0.28 in Q1 2024, marking an increase of approximately 21.4%[18] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 21,460,569.62, a significant improvement from a negative CNY 15,022,428.62 in the same period last year[4] - Cash flow from operating activities generated a net cash inflow of CNY 21,460,569.62 in Q1 2025, a significant improvement from a net outflow of CNY 15,022,428.62 in Q1 2024[19] - Total cash inflow from investment activities in Q1 2025 was CNY 139,781,746.71, compared to CNY 122,272,996.09 in Q1 2024, showing an increase of approximately 14.4%[20] - The cash flow from investment activities resulted in a net outflow of CNY 99,918,886.21 in Q1 2025, contrasting with a net inflow of CNY 52,297,417.21 in Q1 2024[20] - The total cash and cash equivalents at the end of Q1 2025 stood at CNY 195,386,662.92, down from CNY 221,708,087.26 at the end of Q1 2024[20] - Cash and cash equivalents decreased to ¥210,750,385.23 as of March 31, 2025, down from ¥319,538,268.75 at the end of 2024, indicating a liquidity contraction[12] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,966,443,075.07, a slight decrease of 0.28% from CNY 1,971,962,660.24 at the end of the previous year[5] - Total assets as of March 31, 2025, were ¥1,966,443,075.07, slightly down from ¥1,971,962,660.24 at the end of 2024[15] - Total liabilities decreased to ¥395,773,745.86 from ¥464,286,822.36, showing a reduction in financial obligations[14] Shareholder Information - Shareholders' equity attributable to the parent company increased by 4.18% to CNY 1,570,669,329.21 from CNY 1,507,675,837.88[5] - The company’s equity attributable to shareholders increased to ¥1,570,669,329.21 as of March 31, 2025, from ¥1,507,675,837.88 at the end of 2024, reflecting growth in shareholder value[15] - The company reported a total of 7,952 ordinary shareholders at the end of the reporting period[9] - The top three shareholders held a combined 60.89% of the shares, with Guangdong Shengyi Technology Co., Ltd. holding 23.26%[9] Research and Development - Research and development expenses totaled CNY 13,430,302.98, accounting for 5.63% of operating revenue, down from 6.42%[5] - The company reported a significant increase in research and development expenses, totaling ¥13,430,302.98 in Q1 2025, compared to ¥12,976,858.77 in Q1 2024, highlighting a commitment to innovation[17] Operating Costs - Total operating costs for Q1 2025 were ¥172,556,022.54, up from ¥151,110,277.76 in Q1 2024, reflecting a year-over-year increase of 14.4%[17] - The company incurred a total operating expense of CNY 1,168,995.00 in Q1 2025, significantly higher than CNY 6,690.10 in Q1 2024, indicating a strategic increase in operational investments[18] - The company maintained a stable capital reserve of ¥521,856,991.87, unchanged from the previous period, indicating consistent financial health[14]