Jikai(SZ:002691) Zheng Quan Zhi Xing·2025-04-19 23:26Revenue and Profit - The company achieved total operating revenue of 53.946 million yuan in Q1 2025, representing a year-on-year increase of 70.28%, indicating progress in business expansion [1] - However, the net profit attributable to the parent company recorded a loss of 16.3909 million yuan, a year-on-year decline of 691.13%, while the non-recurring net profit was -18.581 million yuan, an increase of 9.99% year-on-year, reflecting a lack of improvement in profitability despite revenue growth [1] Gross Margin and Net Margin - The gross margin was 20.62%, an increase of 39.82% year-on-year, showing improvement in cost control [2] - Conversely, the net margin was -30.23%, a decrease of 495.57% year-on-year, indicating poor profitability after all expenses are deducted [2] Expense Control - Total selling, administrative, and financial expenses amounted to 24.3743 million yuan, accounting for 45.18% of revenue, a year-on-year decrease of 28.89%, although the expense ratio remains high and requires further optimization [3] Cash Flow and Assets Liabilities - The operating cash flow per share was -0.13 yuan, a year-on-year decrease of 197.75%, indicating significant cash outflow pressure from operating activities [4] - Additionally, accounts receivable reached 287 million yuan, representing 75.02% of the latest annual revenue, which may adversely affect future cash flow [4] Key Financial Indicators - The net asset per share was 2.58 yuan, a year-on-year decrease of 2.22% [5] - Earnings per share were -0.05 yuan, a year-on-year decrease of 700.00% [5] - Cash and cash equivalents amounted to 96.6643 million yuan, a year-on-year increase of 157.70% [5] - Interest-bearing liabilities were 110 million yuan, a year-on-year increase of 7.20% [5]