GUOXIN MICRO(002049)2025-04-28 15:35Financial Performance - The company's revenue for Q1 2025 was CNY 1,026,019,465.84, a decrease of 10.05% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 119,277,590.48, down 61.11% year-on-year[5]. - The company's basic and diluted earnings per share were CNY 0.1415, reflecting a decline of 61.09% year-on-year[5]. - Operating revenue for the current period was RMB 1.03 billion, down from RMB 1.14 billion in the previous period, representing a decrease of approximately 10%[27]. - Total profit decreased to 328.97 million, representing a decline of about 60.9%[28]. - Net profit fell to 312.80 million, a decrease of approximately 61.9%[28]. - The company reported a decrease in operating profit to 328.98 million, a decline of about 60.9%[28]. - Basic and diluted earnings per share decreased to 0.3637, a decline of approximately 61%[28]. Cash Flow and Assets - The net cash flow from operating activities was CNY -217,303,069.90, an improvement of 20.10% compared to the previous year[5]. - Cash and cash equivalents decreased from RMB 2.46 billion to RMB 1.88 billion, a decline of about 23.4%[24]. - Cash and cash equivalents at the end of the period decreased to 2.29 billion, a decline of approximately 21.5%[31]. - Cash flow from investing activities showed a net outflow of 390.01 million[30]. - The company received cash related to investment activities amounting to 1.19 billion in the previous period[30]. - Total assets at the end of the reporting period were CNY 17,170,318,463.68, a slight decrease of 0.86% from the beginning of the year[5]. - As of March 31, 2025, total assets amounted to RMB 17.17 billion, a decrease from RMB 17.32 billion at the beginning of the period[25]. - The company's total liabilities decreased from RMB 4.93 billion to RMB 4.65 billion during the same period[26]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 213,007[14]. - The largest shareholder, Tibet Unisplendour Chuanghua Technology Co., Ltd., holds 26.00% of shares, totaling 220,901,326 shares[14]. - The top ten shareholders collectively hold a significant portion of shares, with the second-largest shareholder holding 3.26%[14]. - There are no preferred shareholders reported for the company[16]. - The company has a shareholding structure with no preferred shareholders and no significant changes in the top ten shareholders' participation in margin trading[15]. - The company has a total of 6,396,000 shares held in a repurchase special securities account, representing 0.75% of total shares[15]. Expenses and Costs - Total operating costs decreased from RMB 907.89 million to RMB 872.94 million, a reduction of about 3.8%[27]. - Research and development expenses for the current period were RMB 268.83 million, down from RMB 300.48 million, indicating a decrease of approximately 10.5%[27]. - Sales expenses increased by 46.60% to CNY 64,558,539.74, driven by higher personnel costs and sales service expenses[12]. - The company reported a significant decrease in other income by 34.92% to CNY 31,491,958.96, attributed to reduced VAT refunds[12]. - Investment income decreased by CNY 105,000,000, primarily due to lower profits from joint ventures and a one-time gain from the sale of a subsidiary in the previous year[11]. Future Plans and Transactions - The company plans to use up to RMB 660 million of temporarily idle raised funds for cash management within a 12-month period[18]. - The company also approved the use of up to RMB 1.6 billion of its own funds to purchase short-term principal-protected bank wealth management products[18]. - The estimated total amount for daily related transactions in 2025 is RMB 580 million, involving procurement and sales with an indirect controlling shareholder[20]. - The company plans to increase the estimated total amount of related party transactions for 2025 to RMB 1.3 billion (excluding tax)[21]. - The company will repurchase shares using its own funds, with a total repurchase amount between RMB 100 million and 200 million, at a price not exceeding RMB 103.39 per share[22]. Management Changes - The company has appointed a new president, Li Tianchi, following the resignation of the previous president[17].