Apex(SH:603383) Xin Lang Cai Jing·2025-04-29 02:40Group 1 - The company reported a revenue of 142 million yuan in Q1 2025, representing a year-on-year growth of 3.16%, and a net profit attributable to shareholders of 21 million yuan, up 31.57% year-on-year [1] - The gross margin for Q1 2025 reached 69.03%, showing a slight increase of 0.11 percentage points year-on-year, indicating a stabilization and recovery in profitability [1] - The company has successfully reduced its sales, management, and R&D expense ratios by 2.07, 2.28, and 3.60 percentage points respectively, demonstrating significant improvement in operational efficiency [1] Group 2 - The A5 system has been running stably since its launch, with a significant increase in market trading volume, confirming its high reliability and availability [1] - The company was selected as the first candidate for the trading system innovation project for Everbright Securities, with a quoted amount of 3.85 million yuan (including tax) [1] - The company is expected to gain more market share as leading and mid-tier brokerages begin to adopt the new generation core trading systems [2] Group 3 - The company is projected to achieve revenues of 791 million, 947 million, and 1.137 billion yuan from 2025 to 2027, with net profits of 242 million, 306 million, and 380 million yuan respectively [2] - Corresponding price-to-earnings ratios are expected to be 34x, 27x, and 22x for the years 2025, 2026, and 2027 [2] - The company maintains a leading position in the domestic financial innovation sector, with significant advantages in CRM and successful promotion of the new A5 trading system [2]