Jasan Group(603558)2025-04-28 07:50Financial Performance - The company's operating revenue for Q1 2025 was CNY 560,146,032.98, representing a 2.12% increase compared to CNY 548,536,755.66 in the same period last year[5]. - Net profit attributable to shareholders decreased by 26.88% to CNY 60,122,262.38 from CNY 82,224,877.64 year-on-year[5]. - Basic and diluted earnings per share fell by 22.73% to CNY 0.17 from CNY 0.22 in the previous year[6]. - Total operating revenue for Q1 2025 reached ¥560,146,032.98, an increase of 2.8% compared to ¥548,536,755.66 in Q1 2024[28]. - Net profit for Q1 2025 was ¥60,122,262.38, a decrease of 26.9% from ¥82,224,877.64 in Q1 2024[29]. - Earnings per share for Q1 2025 were ¥0.17, down from ¥0.22 in Q1 2024[30]. - The company reported a decrease in comprehensive income for Q1 2025, totaling ¥44,768,752.87 compared to ¥43,272,738.17 in Q1 2024[30]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 31.26% to CNY 196,590,943.13, attributed to a significant increase in accounts receivable collections[6][11]. - Cash inflow from operating activities in Q1 2025 totaled ¥816,141,270.49, compared to ¥732,046,558.84 in Q1 2024, reflecting a growth of 11.5%[33]. - The net cash flow from operating activities increased to 149,777,371.33, representing a growth of approximately 31.2%[34]. - The total cash and cash equivalents at the end of the period reached 317,419,906.27, marking an increase of approximately 52.5%[35]. - The company reported a significant increase in cash reserves, which may enhance its ability to invest in new technologies and market expansion[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,888,792,501.41, a decrease of 0.41% from CNY 3,904,700,947.98 at the end of the previous year[6]. - Current liabilities totaled RMB 1,366,953,013.75, down from RMB 1,397,173,790.49, reflecting a decrease of about 2.2%[24]. - Total liabilities as of the end of the reporting period were ¥1,377,129,107.76, slightly down from ¥1,407,774,663.49 in the previous year[25]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,927[13]. - The largest shareholder, Zhang Maoyi, holds 37.43% of the shares, totaling 132,212,262 shares[14]. Government Support and Subsidies - The company received government subsidies amounting to CNY 702,851.25, which are closely related to its normal business operations[7]. Employee Stock Ownership Plan - The company plans to repurchase shares with a total fund not exceeding RMB 100 million and not less than RMB 50 million, at a price not exceeding RMB 15.33 per share, within a 12-month period[17]. - The employee stock ownership plan is set to have a scale not exceeding RMB 14 million, aimed at incentivizing middle management and core technical personnel[19]. - The company has not engaged in any financing or lending arrangements for the employee stock ownership plan, ensuring financial independence for participants[19]. - The board approved the employee stock ownership plan to align the interests of employees with the company's long-term growth strategy[18]. Operational Costs - Total operating costs for Q1 2025 were ¥496,476,515.36, up 7.8% from ¥460,347,423.33 in Q1 2024[28]. Financial Management - The financial expenses for Q1 2025 were ¥177,937.99, a significant improvement from a financial income of -¥3,534,145.74 in Q1 2024[28]. - The company plans to implement new accounting standards starting in 2025, which may affect the financial statements[35]. - The company’s cash flow management strategies have led to a significant increase in cash reserves, enhancing liquidity for future investments and operations[35].