Quectel(603236)2025-04-28 10:30Financial Performance - The company's operating revenue for Q1 2025 reached ¥5,221,392,925.26, representing a year-on-year increase of 32.05% compared to ¥3,954,236,158.15 in the same period last year[4] - Net profit attributable to shareholders was ¥211,894,191.97, a significant increase of 286.91% from ¥54,765,968.89 in the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥200,617,318.25, up 290.77% from ¥51,338,915.99 year-on-year[4] - Basic earnings per share increased to ¥0.81, reflecting a growth of 285.71% compared to ¥0.21 in the same period last year[4] - Net profit for Q1 2025 was ¥210,932,043.11, compared to ¥52,477,908.25 in Q1 2024, representing a significant increase of 301.5%[20] - Basic and diluted earnings per share for Q1 2025 were both ¥0.81, up from ¥0.21 in Q1 2024[21] - The company reported a total profit of ¥211,720,857.41 for Q1 2025, significantly higher than ¥51,975,628.86 in Q1 2024[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,694,085,110.98, up 5.50% from ¥12,980,186,345.52 at the end of the previous year[6] - The company's current assets totaled RMB 10,689,788,544.44, up from RMB 10,063,244,982.16, indicating an increase of about 6.2%[14] - The inventory value rose significantly to RMB 4,568,963,125.49 from RMB 3,259,878,398.68, representing an increase of approximately 40.0%[14] - Short-term borrowings increased to RMB 900,527,656.16 from RMB 730,078,996.08, marking a rise of about 23.3%[15] - The total liabilities of the company reached RMB 9,467,922,317.85, compared to RMB 8,961,707,280.81, which is an increase of approximately 5.6%[15] - The company's accounts receivable stood at RMB 2,829,356,784.55, a slight decrease from RMB 2,976,884,223.44, indicating a decline of about 4.9%[14] - The cash and cash equivalents decreased to RMB 1,188,820,674.96 from RMB 1,836,721,352.98, reflecting a decline of approximately 35.3%[13] Shareholder Information - Shareholders' equity attributable to the parent company increased to ¥4,246,280,511.52, a rise of 5.19% from ¥4,036,864,182.54[6] - The company reported a total of 44,970,241 shares held by the largest shareholder, accounting for 17.19% of total shares[12] - The company has no significant changes in the participation of major shareholders in margin trading or securities lending activities[12] Cash Flow - The net cash flow from operating activities was negative at -¥623,082,393.95, an improvement from -¥708,960,316.35 in the previous year[4] - Cash received from sales of goods and services in Q1 2025 was ¥4,400,034,557.72, a 32.8% increase from ¥3,314,094,551.65 in Q1 2024[24] - Operating cash inflow totaled approximately 3.61 billion year-over-year[25] - Cash outflow from operating activities was about 4.32 billion in the previous year[25] - Cash flow from investing activities resulted in a net outflow of approximately 20.53 million last year[25] - Cash inflow from financing activities was 688.17 million year-over-year[27] - Net cash flow from financing activities was positive 362.49 million in the previous year[27] - The ending balance of cash and cash equivalents was approximately 1.50 billion year-over-year[27] - Total cash outflow from financing activities was 325.68 million last year[27] Research and Development - Research and development expenses for Q1 2025 totaled ¥429,290,352.32, an increase of 12.9% from ¥380,226,757.47 in Q1 2024[20] Other Financial Metrics - The weighted average return on equity rose to 5.14%, an increase of 3.63 percentage points from 1.51%[6] - Other comprehensive income for Q1 2025 showed a net loss of ¥8,246,838.67, compared to a gain of ¥5,028,323.79 in Q1 2024[21] - The company has not adopted new accounting standards or interpretations affecting the financial statements for the year[26]