Financial Performance - Net profit attributable to shareholders rose by 36.71% to CNY 16,360,474.58 for the first quarter of 2025, up from CNY 11,967,392.03 in the same period last year[10] - Operating revenue for the first quarter of 2025 reached CNY 216,176,983.11, reflecting a 25.77% increase from CNY 171,884,028.62 in the previous year[10] - Operating profit for Q1 2025 was CNY 18,514,396.98, compared to CNY 10,544,310.41 in Q1 2024, indicating a significant increase of about 75.5%[36] - Net profit for Q1 2025 amounted to CNY 16,205,723.55, up from CNY 11,967,392.03 in Q1 2024, reflecting a growth of approximately 35.0%[36] - Total revenue for Q1 2025 reached CNY 216,176,983.11, an increase from CNY 171,884,028.62 in Q1 2024, representing a growth of approximately 25.7%[35] - The basic and diluted earnings per share for Q1 2025 were both CNY 0.17, up from CNY 0.12 in Q1 2024, reflecting an increase of approximately 41.7%[37] Assets and Liabilities - Total assets increased by 4.34% to CNY 1,211,732,038.42 as of March 31, 2025, compared to CNY 1,161,352,988.10 at the end of 2024[10] - Total liabilities reached ¥280,648,560.01, compared to ¥246,975,252.96, showing an increase of approximately 13.6%[31] - Total liabilities rose to CNY 180,152,757.75 in 2025, compared to CNY 128,462,889.96 in 2024, which is an increase of approximately 40.3%[34] - The total liabilities to assets ratio for the consolidated entity was 23.16%, up from 21.27% at the end of the previous year[10] - Current assets totaled ¥877,620,269.35 as of March 31, 2025, an increase from ¥840,198,732.94 on December 31, 2024, representing a growth of approximately 4.99%[29] Cash Flow - The company's cash flow from operating activities showed a significant decline of 628.31%, resulting in a net outflow of CNY 79,725,865.80, compared to a net inflow of CNY 15,090,850.80 in the same period last year[10][13] - Cash flow from operating activities in Q1 2025 showed a net outflow of ¥79.73 million, compared to a net inflow of ¥15.09 million in Q1 2024[41] - Cash flow from investment activities in Q1 2025 was a net inflow of ¥45.74 million, compared to ¥13.08 million in Q1 2024[41] - Cash flow from financing activities in Q1 2025 generated a net inflow of ¥56.81 million, down from ¥61.88 million in Q1 2024[41] Shareholder Information - The total number of ordinary shares is 100,000,000, with 100% being unrestricted shares[17] - The largest shareholder, Jiangsu Yuanhang Times Holding Group, holds 39,024,983 shares, representing 39.025% of total shares[18] - The second largest shareholder, Yixing City Taodu Asset Management, holds 3,080,267 shares, representing 3.0803% of total shares[18] - The total number of ordinary shareholders is 8,604[17] Expenses - The company reported a 70.52% increase in selling expenses, totaling CNY 2,104,310.12, as part of its business expansion efforts[12] - Research and development expenses for Q1 2025 were CNY 7,514,790.24, compared to CNY 6,787,048.77 in Q1 2024, showing an increase of about 10.7%[35] - The company reported a significant increase in sales expenses, which rose to ¥1.27 million in Q1 2025 from ¥0.75 million in Q1 2024[38] Other Financial Metrics - The weighted average return on equity based on net profit attributable to shareholders increased to 1.78% from 1.38% year-on-year[10] - Non-recurring gains and losses amounted to CNY 740,145.24 after tax, contributing positively to the net profit[15] - Total equity attributable to shareholders was ¥929,368,120.23, up from ¥913,507,625.93, indicating a growth of approximately 1.9%[31] - The company has implemented a stock option incentive plan, granting 1,330,000 stock options at a price of 5.15 yuan per share[24] Future Outlook - Future outlook includes plans for market expansion and potential acquisitions to enhance growth and competitiveness[32]
远航精密(833914) - 2025 Q1 - 季度财报