利通科技(832225) - 2025 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders for Q1 2025 was CNY 35,641,008.17, representing an 86.13% increase year-over-year[8] - Operating revenue for Q1 2025 was CNY 124,263,536.83, up 23.14% from CNY 100,909,928.31 in the same period last year[8] - The gross profit margin for acid fracturing hose assemblies improved, contributing to a 90.41% increase in operating profit to CNY 42,605,061.86[10] - The company received government subsidies amounting to CNY 9,491,905.87, a significant increase of 633.78% year-over-year[10] - The weighted average return on equity based on net profit attributable to shareholders was 5.15%, up from 3.19% in the previous year[8] - Total operating revenue for Q1 2025 reached ¥124,263,536.83, an increase of 23.2% compared to ¥100,909,928.31 in Q1 2024[31] - Net profit for Q1 2025 was ¥40,545,745.35, up 113.5% from ¥18,983,229.81 in Q1 2024[36] - The company reported a total profit of ¥48,116,632.86 for Q1 2025, compared to ¥22,241,261.91 in Q1 2024, indicating strong financial performance[35] - The total comprehensive income for Q1 2025 was ¥40,545,745.35, compared to ¥18,983,229.81 in Q1 2024, showing robust growth[36] Assets and Liabilities - Total assets as of March 31, 2025, reached CNY 891,661,291.72, an increase of 0.76% compared to the end of 2024[8] - The total current assets as of March 31, 2025, amount to 438,793,002.83 yuan, showing a slight increase from 434,325,806.00 yuan at the end of 2024[24] - The total non-current assets as of March 31, 2025, are 452,868,288.89 yuan, compared to 450,589,369.06 yuan at the end of 2024[24] - The total current liabilities as of March 31, 2025, are 163,645,440.48 yuan, a decrease from 191,237,660.56 yuan at the end of 2024[25] - The total non-current liabilities are 19,080,903.80 yuan, down from 20,226,088.39 yuan at the end of 2024[25] - The total liabilities to assets ratio decreased to 20.49% from 23.90% year-over-year, indicating improved financial stability[8] Cash Flow - The company’s net cash flow from operating activities increased by 29.70% to CNY 30,212,485.42 compared to CNY 23,294,733.06 in Q1 2024[8] - Operating cash flow for Q1 2025 was CNY 34,796,592.62, an increase of 20.5% compared to CNY 28,921,593.11 in Q1 2024[39] - Cash inflows from operating activities totaled CNY 106,742,818.23 in Q1 2025, compared to CNY 88,245,506.43 in Q1 2024, reflecting a growth of 20.9%[39] - The company reported a net increase in cash and cash equivalents of CNY 3,309,341.03 for Q1 2025, compared to CNY 19,026,831.10 in Q1 2024[38] - Total cash and cash equivalents at the end of Q1 2025 reached CNY 126,339,691.35, up from CNY 65,731,827.13 in Q1 2024, representing a 92% increase[38] Shareholder Information - The total number of shares held by the top ten shareholders is 73,027,601, representing 57.53% of the total shares[17] - Zhao Hongliang and Liu Xueping, the top two shareholders, hold 27.05% and 18.73% of the shares respectively, with no changes in their holdings[17] - The company has no pledged or judicially frozen shares among the top ten shareholders[18] Expenses - Management expenses increased by 51.12% to CNY 10,085,629.33, primarily due to operational costs in new business segments[10] - Total operating costs for Q1 2025 were ¥90,764,537.20, up from ¥80,344,303.32 in Q1 2024, reflecting a growth of 12.0%[31] - Research and development expenses for Q1 2025 were ¥5,964,472.80, compared to ¥5,146,129.94 in Q1 2024, reflecting an increase of 15.9%[31] Other Financial Metrics - Non-recurring gains and losses for the period totaled CNY 9,781,769.27, with a net amount of CNY 8,341,607.00 after tax effects[12] - The company incurred credit impairment losses of ¥1,031,090.83 in Q1 2025, up from ¥962,093.45 in Q1 2024[35] - The company’s other income for Q1 2025 was ¥9,489,656.31, significantly higher than ¥1,293,159.50 in Q1 2024, indicating improved operational efficiency[35]