Topsec(002212)2025-04-28 12:05Financial Performance - The company's revenue for Q1 2025 was ¥335,664,964.65, a decrease of 20.45% compared to ¥421,972,881.83 in the same period last year[3]. - The net profit attributable to shareholders was -¥68,388,818.56, an improvement of 23.43% from -¥89,313,612.79 year-on-year[3]. - The net cash flow from operating activities was -¥230,087,379.16, a decline of 38.70% compared to -¥165,889,719.61 in the previous year[3]. - Total operating revenue for the current period was ¥335,664,964.65, a decrease of 20.5% compared to ¥421,972,881.83 in the previous period[22]. - Net loss for the current period was ¥68,364,417.15, an improvement from a net loss of ¥89,715,247.38 in the previous period, indicating a 23.8% reduction in losses[24]. Cost and Expenses - The company reported a 39.75% decrease in operating costs, amounting to ¥106,448,788.17, attributed to improved revenue quality and higher-margin services[9]. - Total operating costs decreased to ¥511,770,310.50 from ¥611,423,175.19, representing a reduction of 16.3%[23]. - Research and development expenses increased slightly to ¥166,040,503.03 from ¥161,069,296.85, a rise of 3.0%[23]. Assets and Liabilities - The total assets decreased from 11,046,222,054.93 CNY at the beginning of the period to 10,746,400,716.55 CNY at the end of the period[18]. - The total liabilities decreased to ¥1,416,917,263.32 from ¥1,648,374,184.55, reflecting a decline of 14.0%[20]. - Current liabilities totaled ¥1,317,042,080.76, down from ¥1,536,297,762.88, a decrease of 14.3%[20]. - The total equity attributable to shareholders of the parent company decreased to ¥9,325,030,090.28 from ¥9,393,418,908.84, a reduction of 0.7%[20]. Cash Flow - The net cash flow from operating activities decreased by 38.70% to -230,087,379.16 CNY compared to the previous year, primarily due to a reduction in sales receipts and tax refunds[11]. - Cash inflow from operating activities was ¥453,977,341.93, compared to ¥536,692,019.22 in the previous period, a decrease of 15.4%[25]. - Cash outflow from operating activities totaled ¥684,064,721.09, a decrease from ¥702,581,738.83 in the previous period[26]. - Net cash flow from investment activities was -¥76,437,865.26, compared to -¥107,791,330.06 in the previous period[26]. - Net cash flow from financing activities improved by 86.08%, amounting to -5,663,366.67 CNY, compared to -40,697,032.04 CNY in the previous year[11]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 79,739, with no preferred shareholders[13]. - The top shareholder, Zheng Zhongnan, holds 7.20% of the shares, amounting to 84,928,869 shares[13]. Other Key Developments - The company launched the "Intelligent Computing All-in-One Machine" on February 11, 2025, which has already generated sales revenue during the reporting period[6]. - The company has made significant progress in AI technology integration, enhancing its product competitiveness through the "AI + Security" innovation system[6]. - The company is focusing on expanding its cloud computing business with the launch of the Intelligent Computing Cloud Platform, enhancing its product and service offerings[7]. - The company reported a significant increase in deferred tax assets by 67.12%, reaching ¥188,895,930.78, primarily due to increased deductible losses[9]. - The company achieved a 41.35% increase in contract assets, totaling ¥107,392,451.73, due to the completion of performance obligations[9]. - Credit impairment losses increased by 464.51% to 13,834,159.90 CNY, attributed to the recovery of receivables during the reporting period[11]. - The company reported a basic and diluted earnings per share of -0.06, an improvement from -0.08 in the previous period[25]. - The first quarter report was not audited[28].