FINGU(SZ:002194) Zheng Quan Zhi Xing·2025-04-29 22:58Financial Performance - The company reported a total revenue of 371 million yuan for Q1 2025, representing a year-on-year increase of 22.24% [1] - The net profit attributable to shareholders reached 7.662 million yuan, showing a significant year-on-year increase of 194.93% [1] - The gross margin was 22.4%, which is a decrease of 8.64% compared to the previous year [1] - The net profit margin was 2.07%, reflecting a year-on-year increase of 141.27% [1] - The total of selling, administrative, and financial expenses was 10.8285 million yuan, accounting for 2.92% of revenue, a decrease of 7.21% year-on-year [1] - Earnings per share were 0.01 yuan, up 194.74% year-on-year [1] Accounts Receivable - The company's accounts receivable is notably high, with accounts receivable amounting to 719.81% of the net profit for the latest annual report [1][3] Investment Activities - The company approved an investment of 100 million yuan in Wuhan Guangju Microelectronics Co., Ltd., acquiring a 5.9206% stake [4] - The investment includes 11.2068 million yuan added to the registered capital and 88.793194 million yuan to the capital reserve of Wuhan Guangju Microelectronics [4] Business Evaluation - The company's return on invested capital (ROIC) was 1.18%, indicating a weak capital return [2] - The net profit margin for the previous year was 3.59%, suggesting low added value for the company's products or services [2] - The company's cash assets are reported to be very healthy, indicating strong solvency [2] Research and Development - The company's performance is primarily driven by research and development, necessitating a thorough examination of the underlying factors behind this drive [2]