Desay SV(002920)2025-04-23 11:30Financial Performance - The company's revenue for Q1 2025 reached ¥6,791,962,528.76, representing a 20.26% increase compared to ¥5,647,731,859.41 in the same period last year[5] - Net profit attributable to shareholders was ¥582,248,536.62, up 51.32% from ¥384,770,978.67 year-on-year[5] - Basic earnings per share rose to ¥1.05, a 50.00% increase from ¥0.70 in the previous year[5] - Net profit for the current period was ¥586,731,378.21, representing a 50.4% increase from ¥389,874,356.71 in the previous period[23] Cash Flow - The net cash flow from operating activities increased by 205.60%, amounting to ¥606,517,480.64 compared to ¥198,468,612.94 in Q1 2024[5] - Cash generated from operating activities was ¥7,765,578,858.88, an increase from ¥6,620,868,846.17 in the prior year[25] - Net cash flow from operating activities was 198.47 million in the previous period[26] - Total cash inflow from operating activities reached 6.65 billion, representing a growth of 19.4%[26] - Cash inflow from financing activities was 57.47 million, marking a growth of 644.5%[26] - The net increase in cash and cash equivalents was 223.74 million in the previous period[26] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥22,008,190,508.44, reflecting a 2.44% increase from ¥21,483,325,692.05 at the end of the previous year[5] - Total current assets amount to ¥16,997,056,960.95, an increase from ¥16,434,310,809.14 at the beginning of the period[19] - Total liabilities decreased slightly to ¥11,654,940,514.89 from ¥11,717,785,116.37[21] - Total liabilities include accounts payable of ¥4,397,999,906.12, down from ¥5,241,051,910.31[20] Investment and Expenses - The company reported a significant increase in investment income to ¥79,762,682.42, compared to a loss of ¥6,378,674.60 in Q1 2024, marking a 1350.46% change[12] - Research and development expenses increased to ¥655,376,500.57, a rise of 25.3% compared to ¥523,037,588.65 last year[23] - The company experienced a 47.20% increase in selling expenses, totaling ¥70,795,045.19, due to expanded operations[12] Shareholder Information - Total number of common shareholders at the end of the reporting period is 48,798[16] - Guangdong Desay Group holds 28.31% of shares, totaling 157,106,250 shares[16] - Huizhou Innovation Investment holds 24.63% of shares, totaling 136,699,536 shares[16] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22] Accounting and Auditing - The company did not undergo an audit for the first quarter report[27] - The new accounting standards will be implemented starting in 2025[27]