晶合集成(688249) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥2,567,682,999.65, representing a year-on-year increase of 15.25% compared to ¥2,227,893,274.41 in the same period last year[4] - Net profit attributable to shareholders was ¥135,472,184.74, a significant increase of 70.92% from ¥79,258,819.88 in the previous year[4] - The net profit after deducting non-recurring gains and losses reached ¥122,598,689.06, marking a 113.92% increase from ¥57,309,730.50 year-on-year[4] - Basic and diluted earnings per share were both ¥0.07, reflecting a 75.00% increase from ¥0.04 in the previous year[4] - Net profit for Q1 2025 was ¥85,828,122.69, compared to ¥81,851,707.70 in Q1 2024, reflecting a growth of approximately 4.0%[21] - Earnings per share for Q1 2025 were ¥0.07, an increase from ¥0.04 in Q1 2024[22] Cash Flow and Liquidity - The net cash flow from operating activities was ¥586,407,326.79, up 48.50% from ¥394,884,867.30 in the same period last year[4] - Cash inflow from operating activities in Q1 2025 totaled ¥2,435,990,421.80, compared to ¥2,223,743,938.85 in Q1 2024, marking an increase of about 9.5%[24] - The ending balance of cash and cash equivalents decreased to 2,852,372,302.26 from 6,645,849,022.59, indicating a significant reduction in liquidity[27] - The company reported a total cash inflow from financing activities of 169,000,000.00, down from 6,798,710,582.66, highlighting a decrease in new borrowings[25] - The cash outflow for employee compensation was 382,480,519.22, slightly lower than 385,030,250.77 in the previous period, showing stable payroll expenses[25] - The cash paid for taxes was 9,291,873.01, down from 10,273,871.34, indicating a potential decrease in tax liabilities[25] Research and Development - Total R&D investment amounted to ¥337,999,455.77, which is a 13.53% increase compared to ¥297,716,502.67 in the same period last year[5] - The proportion of R&D investment to operating revenue decreased slightly to 13.16% from 13.36% year-on-year[5] - Research and development expenses for Q1 2025 amounted to ¥337,999,455.77, up from ¥297,716,502.67 in Q1 2024, indicating a rise of approximately 13.5%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥49,197,619,010.94, a decrease of 2.38% from ¥50,398,579,443.20 at the end of the previous year[5] - The company's total assets amounted to RMB 49.20 billion, a decrease from RMB 50.40 billion as of December 31, 2024, reflecting a decline of approximately 2.4%[15] - The total current liabilities decreased from RMB 7.43 billion to RMB 6.40 billion, a reduction of approximately 14%[18] - The company reported a significant increase in other non-current financial assets from RMB 607.39 million to RMB 809.31 million, an increase of about 33%[17] - The company reported a decrease in minority shareholders' equity from ¥5,218,656,470.54 in the previous year to ¥5,169,012,408.49[19] - The company’s total liabilities decreased from RMB 24.31 billion to RMB 23.00 billion, a decline of approximately 5.4%[18] Shareholder Actions - The company repurchased a total of 62,088,500 shares, accounting for 3.09% of the total share capital, with an average repurchase price of RMB 14.36 per share, totaling RMB 891.68 million[13] - The company plans to implement a restricted stock incentive plan for 2025, proposing to grant 62,088,500 shares to incentive targets, pending shareholder approval[13] Strategic Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20]