Financial Performance - The company's operating revenue for Q1 2025 was CNY 259,092,427.55, representing a 32.54% increase compared to CNY 195,483,469.31 in the same period last year[3]. - The net profit attributable to shareholders decreased by 19.65% to CNY 29,061,582.34 from CNY 36,168,825.91 year-on-year[3]. - Basic earnings per share decreased by 26.32% to CNY 0.28 from CNY 0.38 in the same period last year[3]. - Total comprehensive income for the first quarter of 2025 was CNY 29,254,962.81, a decrease from CNY 36,088,131.78 in the same period of 2024[17]. - Net profit for Q1 2025 was ¥29,254,962.81, a decrease of 19.0% from ¥36,088,131.78 in Q1 2024[16]. Cash Flow - The net cash flow from operating activities turned negative at CNY -13,203,694.07, a decline of 144.80% compared to CNY 29,472,867.83 in the previous year[3]. - Cash inflow from operating activities totaled CNY 91,058,155.90, a decline of 38.2% from CNY 147,304,234.96 in the previous year[19]. - Cash outflow from operating activities was CNY 104,261,849.97, down from CNY 117,831,367.13 in Q1 2024[20]. - Net cash flow from investing activities was negative CNY 270,380,210.60, compared to negative CNY 36,135,439.81 in the same quarter of 2024[20]. - Cash inflow from financing activities was CNY 722,906,817.46, significantly higher than CNY 32,789,420.00 in Q1 2024[20]. - Net cash flow from financing activities increased to CNY 586,177,641.35 from CNY 6,230,248.83 year-over-year[20]. - The ending cash and cash equivalents balance for Q1 2025 was CNY 386,572,954.21, compared to CNY 70,812,809.19 at the end of Q1 2024[21]. - The company reported a significant increase in cash and cash equivalents, rising to CNY 387,654,123.77 from CNY 86,934,990.61 at the end of the previous year[10]. Assets and Liabilities - Total assets increased by 39.73% to CNY 2,142,929,886.42 from CNY 1,533,634,001.12 at the end of the previous year[4]. - Total liabilities decreased to ¥671,644,834.60 in Q1 2025 from ¥770,466,095.71 in Q1 2024, a reduction of 12.8%[12]. - The equity attributable to shareholders rose by 93.29% to CNY 1,466,779,492.54 from CNY 758,855,726.61 at the end of last year[4]. - The company's equity attributable to shareholders rose to ¥1,466,779,492.54 in Q1 2025, compared to ¥758,855,726.61 in Q1 2024, marking an increase of 93.0%[13]. Operating Costs and Expenses - Total operating costs for Q1 2025 were ¥229,960,454.56, up 48.0% from ¥155,470,208.82 in Q1 2024[15]. - Research and development expenses for Q1 2025 were ¥9,729,887.62, up 18.5% from ¥8,213,981.54 in Q1 2024[15]. - The company reported a credit impairment loss of ¥1,266,066.29 in Q1 2025, compared to a loss of ¥82,722.66 in Q1 2024[16]. Revenue Drivers - The increase in operating revenue was primarily driven by an increase in customer orders and product supply[6]. - Total revenue for Q1 2025 reached ¥259,092,427.55, an increase of 32.6% compared to ¥195,483,469.31 in Q1 2024[15]. Future Outlook - The company plans to expand its market presence and invest in new technologies to drive future growth[14].
汇通控股(603409) - 2025 Q1 - 季度财报