Willsemi(603501)2025-04-29 09:03Financial Performance - The company's revenue for Q1 2025 reached approximately CNY 6.47 billion, representing a year-on-year increase of 14.68% compared to CNY 5.64 billion in the same period last year[5]. - Net profit attributable to shareholders for Q1 2025 was approximately CNY 865.97 million, a significant increase of 55.25% from CNY 557.79 million in the previous year[6]. - Basic and diluted earnings per share for Q1 2025 were both CNY 0.72, reflecting a growth of 56.52% compared to CNY 0.46 in the same period last year[5]. - The total comprehensive income attributable to the parent company owners for the first quarter of 2025 was approximately ¥919.17 million, up from ¥526.42 million in the first quarter of 2024, reflecting a growth of 74.5%[22]. - The company reported an operating profit of ¥991,047,189.39 for Q1 2025, up from ¥575,668,464.03 in Q1 2024, representing a 72.2% increase[21]. Profitability Metrics - The gross profit margin improved to 31.03%, an increase of 3.14 percentage points year-on-year, driven by product structural optimization and supply chain efficiency[6]. - The weighted average return on equity increased to 3.50%, up by 0.87 percentage points from 2.63% in the previous year[5]. - The company has implemented measures to optimize product structure and streamline the supply chain, contributing to improved profitability[6]. Asset and Equity Position - The total assets at the end of Q1 2025 were approximately CNY 40.39 billion, a 3.65% increase from CNY 38.96 billion at the end of the previous year[5]. - The total equity attributable to shareholders increased to approximately CNY 25.23 billion, up by 4.24% from CNY 24.20 billion at the end of the previous year[6]. - The company's total assets reached ¥40,386,840,234.89 as of March 31, 2025, up from ¥38,964,573,303.84 at the end of 2024, reflecting a 3.6% increase[18]. - The total equity attributable to shareholders increased to ¥25,227,242,517.34 as of March 31, 2025, compared to ¥24,201,185,547.76 at the end of 2024, indicating a growth of 4.2%[18]. Cash Flow Analysis - The company reported a net cash flow from operating activities of approximately CNY 1.10 billion, a slight decrease of 1.12% from CNY 1.11 billion in the same period last year[5]. - Operating cash inflow for the first quarter of 2025 was approximately ¥6.92 billion, compared to ¥5.87 billion in the first quarter of 2024, indicating an increase of 18%[23]. - The net cash flow from operating activities for the first quarter of 2025 was approximately ¥1.10 billion, slightly down from ¥1.11 billion in the same period of 2024, showing a decrease of 0.4%[23]. - The net cash flow from investing activities for the first quarter of 2025 was approximately -¥699.50 million, compared to -¥165.59 million in the first quarter of 2024, indicating a significant increase in cash outflow[24]. - The net cash flow from financing activities for the first quarter of 2025 was approximately ¥241.79 million, a recovery from a negative cash flow of -¥2.21 billion in the same period of 2024[24]. Market Focus and Strategy - The company is focusing on the high-end smartphone market and accelerating penetration in automotive intelligence, which are key drivers for revenue growth[6].