司南导航(688592) - 2025 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2025 was CNY 43,825,971.95, an increase of 13.32% compared to CNY 38,673,594.47 in the same period last year[3] - Net profit attributable to shareholders was a loss of CNY 10,381,940.21, representing a decrease of 46.24% from a loss of CNY 7,099,273.57 year-on-year[3] - The net profit for the first quarter of 2025 was a loss of CNY 10,395,404.42, compared to a loss of CNY 7,226,467.00 in the first quarter of 2024, indicating a deterioration in performance[19] - The company's total revenue for Q1 2025 was CNY 31,088,406.39, a decrease of 20.5% compared to CNY 39,150,590.91 in Q1 2024[26] - The net loss for Q1 2025 was CNY 10,320,966.02, compared to a net loss of CNY 236,291.94 in Q1 2024, representing a significant increase in losses[27] Expenses and Costs - R&D expenses totaled CNY 17,405,083.71, accounting for 39.71% of revenue, down from 47.21% in the previous year, a decrease of 7.5 percentage points[4] - Total operating costs rose to CNY 59,595,447.67 from CNY 50,568,592.81, marking an increase of about 17.9%[18] - Research and development expenses for the first quarter were CNY 14,137,322.75, up from CNY 13,268,968.00, reflecting a focus on innovation[18] - The cash outflow for purchasing goods and services was CNY 81,601,906.21, significantly higher than CNY 40,767,775.45 in the previous year[30] - Employee compensation payments increased to CNY 40,419,418.40 from CNY 39,723,970.94 year-over-year[30] Cash Flow and Financial Position - The net cash flow from operating activities was a negative CNY 85,760,323.57, worsening by 31.48% compared to a negative CNY 65,224,916.30 last year[3] - Cash inflow from investment activities was CNY 723,222,538.99, slightly down from CNY 752,377,958.72 in the previous year[22] - The net cash flow from financing activities was CNY -5,715,106.59, compared to CNY -2,745,732.20 in the first quarter of 2024, indicating increased cash outflows[22] - The ending cash and cash equivalents balance was CNY 578,077,911.43, a decrease from CNY 563,906,870.54 year-over-year[22] - The cash inflow from operating activities showed a net outflow of CNY -85,760,323.57, worsening from CNY -65,224,916.30 year-over-year[21] Assets and Liabilities - Total assets decreased by 4.84% to CNY 1,254,683,042.90 from CNY 1,318,530,335.11 at the end of the previous year[4] - The company's current assets totaled RMB 1,113,993,587.61, down from RMB 1,186,424,316.30, indicating a decrease of about 6.11%[13] - The total liabilities decreased to RMB 322,460,850.71 from RMB 374,081,645.06, representing a reduction of approximately 13.83%[15] - The owner's equity as of March 31, 2025, was RMB 932,222,192.19, down from RMB 944,448,690.05, showing a decline of about 1.29%[15] - The total liabilities decreased to CNY 297,211,008.56 from CNY 346,305,665.46, indicating improved financial stability[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 4,010[10] - The top shareholder, Wang Yongquan, holds 28.84% of the shares, totaling 17,928,172 shares[10] Other Financial Metrics - Basic and diluted earnings per share were both CNY -0.17, a decline of 54.55% from CNY -0.11 in the previous year[4] - Other comprehensive income after tax was a loss of CNY -113,993.69, worsening from CNY -64,331.65 in the previous year[19] - The gross profit margin for Q1 2025 was approximately 45.6%, down from 53.3% in Q1 2024, reflecting an increase in operating costs[26] - The company reported a significant decrease in employee compensation payable, which fell to RMB 15,089,993.16 from RMB 36,193,930.65, a reduction of about 58.38%[15] - The company did not report any cash inflow from new investments or acquisitions during this period[30] Research and Development - Research and development expenses for Q1 2025 were CNY 10,687,473.61, slightly up from CNY 10,643,002.02 in Q1 2024, indicating continued investment in innovation[27] - The company is not applying new accounting standards starting from 2025[31]