Cosonic(300793)2025-04-28 12:00Financial Performance - The company's revenue for Q1 2025 was ¥487,285,341.81, representing an increase of 8.95% compared to ¥447,255,741.92 in the same period last year[6]. - Net profit attributable to shareholders was ¥15,774,967.63, up 7.63% from ¥14,656,739.13 year-on-year[6]. - Total operating revenue for the current period reached ¥487,285,341.81, an increase of 8.4% compared to ¥447,255,741.92 in the previous period[25]. - Net profit for the current period was ¥15,534,231.81, representing a 7.7% increase from ¥14,424,788.00 in the previous period[26]. - The profit attributable to the parent company's shareholders was ¥15,774,967.63, up from ¥14,656,739.13, indicating an increase of 7.6%[26]. - The company recorded a comprehensive income total of ¥15,438,397.44, compared to ¥9,638,996.99 in the previous period, marking a significant increase of 60.5%[27]. Cash Flow - The net cash flow from operating activities was -¥39,325,336.71, a decrease of 148.92% compared to ¥80,395,073.26 in the previous year[13]. - Cash received from sales of goods and services was ¥504,140,407.64, down from ¥569,204,969.70, a decline of 11.4%[29]. - Operating cash inflow totaled $553.2 million, a decrease from $601.3 million year-over-year[30]. - Net cash flow from operating activities was -$39.3 million, compared to $80.4 million in the previous year[30]. - Investment cash inflow reached $996.2 million, up from $772.1 million year-over-year[30]. - Net cash flow from investment activities was -$57.6 million, an improvement from -$932.2 million in the previous year[30]. - Financing cash inflow amounted to $100 million, down from $1.156 billion year-over-year[30]. - Net cash flow from financing activities was -$50.7 million, compared to $1.09 billion in the previous year[30]. - The ending cash and cash equivalents balance was $775.9 million, down from $1.018 billion year-over-year[30]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,226,030,602.17, down 3.41% from ¥4,375,170,470.01 at the end of the previous year[6]. - The total current assets amount to ¥2,921,020,818.95, down from ¥3,062,240,284.79, reflecting a decrease of about 4.6%[22]. - The total liabilities decreased to ¥2,921,020,818.95 from ¥3,062,240,284.79, reflecting a decrease of about 4.6%[22]. - The total liabilities decreased to ¥1,162,453,950.33 from ¥1,327,050,958.40, a reduction of approximately 12.4%[23]. - Total equity increased to ¥3,063,576,651.84 from ¥3,048,119,511.61, reflecting a growth of about 0.5%[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 52,103[18]. - The largest shareholder, Dongguan Wenfu Industrial Investment Co., Ltd., holds 27.75% of shares, totaling 105,600,000 shares[18]. Operational Costs - Total operating costs increased to ¥492,447,558.53, up 13.4% from ¥433,992,490.13 in the previous period, with operating costs specifically rising to ¥422,113,720.58, a 14% increase[25][26]. Research and Development - Research and development expenses remained stable at ¥28,790,034.81, slightly up from ¥28,778,217.30, indicating a focus on innovation[26]. Other Financial Metrics - The company received government subsidies amounting to ¥16,542,537.94, significantly contributing to other income[8]. - Financial expenses increased by 103.59% to ¥35,973.96 due to foreign exchange fluctuations[12]. - The company reported a significant increase in investment income, reaching ¥2,926,872.25, up 668.83% from a loss of ¥514,538.04 in the previous year[12]. - The company's accounts receivable increased to ¥418,012,058.06 from ¥401,832,879.44, representing a growth of about 4%[21]. - The inventory decreased to ¥406,911,193.63 from ¥488,456,512.88, a decline of approximately 16.7%[22]. - The total non-current assets are ¥1,305,009,783.22, slightly down from ¥1,312,930,185.22, a decrease of about 0.6%[22]. - The company's cash and cash equivalents decreased to ¥775,916,273.25 from ¥919,329,615.05, a decline of approximately 15.6%[21]. - The company has not yet audited the first quarter report for 2025[31]. - The new accounting standards will be implemented starting in 2025[31].