UniStrong(002383) 证券之星·2025-04-18 23:12Core Viewpoint - The company achieved significant performance improvement in Q1 2025, turning losses into profits with notable revenue growth [2][3] Financial Overview - Total revenue reached 334 million yuan, a year-on-year increase of 25.17% [2] - Net profit attributable to shareholders was 2.69 million yuan, a substantial turnaround from a loss of 33.28 million yuan in the same period last year, representing a year-on-year growth of 108.07% [2] - Non-recurring net profit improved from a loss of 37.21 million yuan to a profit of 1.37 million yuan, marking a year-on-year increase of 103.69% [2] Profitability - Gross margin stood at 37.43%, a decrease of 10.25% year-on-year [3] - Net margin was 0.25%, although it increased by 101.81% year-on-year, it remains at a low level, indicating room for improvement in cost control [3] Costs and Expenses - Total sales, administrative, and financial expenses amounted to 101 million yuan, with a combined expense ratio of 30.32%, down 33.29% year-on-year, enhancing operational efficiency [4] Assets and Liabilities - Accounts receivable reached 962 million yuan, accounting for 80.24% of the latest annual revenue, up 55.55% from 618 million yuan in the same period last year, which may exert pressure on cash flow [5] - Cash and cash equivalents were 508 million yuan, a decrease of 43.82% from 904 million yuan year-on-year [5] - Interest-bearing debt decreased from 900 million yuan to 459 million yuan, a reduction of 48.96%, reflecting positive debt management efforts [5] Cash Flow and Shareholder Equity - Net asset value per share was 2.26 yuan, down 9.94% from 2.51 yuan year-on-year [6] - Operating cash flow per share was 0.01 yuan, a year-on-year decrease of 16.20% [6] - Earnings per share improved from -0.04 yuan to 0 yuan, representing a year-on-year growth of 108.02% [6]