Financial Performance - The company's operating revenue for Q1 2025 was CNY 258,126,268.70, representing a 55.61% increase compared to CNY 165,884,882.97 in the same period last year[4] - Net profit attributable to shareholders was CNY 98,161,706.63, up 76.39% from CNY 55,651,786.82 year-on-year[4] - The net profit after deducting non-recurring gains and losses reached CNY 95,616,627.27, reflecting an 87.92% increase from CNY 50,880,330.52 in the previous year[4] - Basic and diluted earnings per share were both CNY 1.29, a 31.63% increase from CNY 0.98 in the same quarter last year[4] - Operating profit for Q1 2025 was CNY 103,621,690.12, up 85.0% from CNY 55,934,311.90 in Q1 2024[18] - Net profit for Q1 2025 amounted to CNY 96,677,372.49, representing a 77.9% increase compared to CNY 54,363,318.04 in Q1 2024[18] Research and Development - Total R&D investment amounted to CNY 54,737,286.49, which is a 25.83% increase compared to CNY 43,500,192.70 in the previous year[5] - Research and development expenses in Q1 2025 were CNY 54,737,286.49, an increase from CNY 43,500,192.70 in Q1 2024[17] - The proportion of R&D investment to operating revenue decreased to 21.21%, down 5.02 percentage points from 26.22%[5] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 3,663,713,627.35, a decrease of 3.26% from CNY 3,787,239,041.00 at the end of the previous year[5] - Total liabilities decreased to CNY 304,307,423.39 from CNY 524,510,209.53[15] - The net asset attributable to shareholders increased by 3.03% to CNY 3,335,713,707.76 from CNY 3,237,552,001.13[5] - The total equity attributable to shareholders rose to CNY 3,335,713,707.76 from CNY 3,237,552,001.13[15] Cash Flow - The net cash flow from operating activities was negative at CNY -101,727,739.95, compared to CNY -54,812,587.75 in the same period last year, indicating increased cash outflows[4] - Operating cash inflow for Q1 2025 was 243,450,939.96 CNY, up from 201,237,282.70 CNY in Q1 2024, representing an increase of approximately 21%[23] - Cash outflow from operating activities increased to 345,178,679.91 CNY in Q1 2025 from 256,049,870.45 CNY in Q1 2024, a rise of about 35%[24] - Cash and cash equivalents decreased from ¥2,980,399,826.30 to ¥2,804,899,230.96, a decline of approximately 5.9%[13] - Cash and cash equivalents at the end of Q1 2025 were 2,803,160,288.97 CNY, down from 1,068,568,096.80 CNY in Q1 2024[25] - The company reported a net cash outflow from financing activities of -42,353,095.77 CNY in Q1 2025, compared to a net inflow of 34,146,435.45 CNY in Q1 2024[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,211[10] - The largest shareholder, China Software and Technology Service Co., Ltd., holds 14,370,000 shares, accounting for 18.91% of total shares[10] - The number of shares held by the top 10 unrestricted shareholders includes significant holdings from various investment funds, with the largest being 963,315 shares[11] - The company has no pledged shares among its top shareholders, indicating a stable ownership structure[10] - The total number of shares held by the top 10 shareholders includes a mix of state-owned and private entities, reflecting diverse ownership[10] Operational Insights - The company recognized non-recurring gains of CNY 2,545,079.36, primarily from government subsidies and other non-operating income[6] - The company has not disclosed any significant operational changes or strategies in the reporting period[12] - The report indicates no changes in the borrowing/lending of shares among the top shareholders compared to the previous period[12] - The company plans to continue expanding its market presence and investing in new technologies[19] Tax and Accounting - The company received tax refunds of 34,002,252.64 CNY in Q1 2025, compared to 22,656,546.11 CNY in Q1 2024, marking an increase of about 50%[23] - The company executed a new accounting policy starting January 1, 2024, affecting the recognition of certain liabilities and costs[20] Other Financial Metrics - The adjustment in operating costs increased to 5,002,417.36 CNY from 4,832,606.04 CNY, reflecting a rise of approximately 3.5%[21] - The company reported a significant reduction in accounts payable, decreasing from CNY 52,745,437.31 to CNY 30,578,766.49[15] - Accounts receivable increased from ¥410,371,531.60 to ¥457,143,889.41, representing an increase of about 11.4%[13] - Inventory rose significantly from ¥2,531,702.70 to ¥5,410,813.80, marking an increase of approximately 113.9%[13] - Total comprehensive income attributable to minority shareholders decreased to -1,484,334.14 from -1,288,468.78[20]
达梦数据(688692) - 2025 Q1 - 季度财报