NEWAY(603699)2025-04-29 09:00Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,555,897,420.93, representing a 14.44% increase compared to CNY 1,359,630,107.92 in the same period last year[4] - Net profit attributable to shareholders was CNY 262,693,988.46, a 33.52% increase from CNY 196,750,299.59 year-over-year[4] - The net profit after deducting non-recurring gains and losses was CNY 245,339,008.85, reflecting a 26.75% increase compared to CNY 193,563,393.28 in the previous year[4] - Basic earnings per share increased by 30.77% to CNY 0.34 from CNY 0.26 in the previous year[4] - Net profit for Q1 2025 was ¥265,346,631.68, compared to ¥199,394,203.24 in Q1 2024, representing a growth of 33.0%[21] - Earnings per share for Q1 2025 was ¥0.34, an increase from ¥0.26 in Q1 2024[22] Cash Flow - The net cash flow from operating activities was CNY 325,436,576.41, a significant improvement from a negative cash flow of CNY -103,015,204.72 in the same period last year[4] - The net cash inflow from operating activities was CNY 325,436,576.41, a significant improvement compared to a net outflow of CNY -103,015,204.72 in the previous period[26] - Total cash inflow from operating activities was CNY 1,675,964,763.10, compared to CNY 1,338,517,032.54 in the previous period[26] - The total cash outflow from operating activities was CNY 1,350,528,186.69, down from CNY 1,441,532,237.26 year-over-year[26] - Cash received from sales of goods and services in Q1 2025 was ¥1,553,068,945.87, compared to ¥1,259,711,163.24 in Q1 2024, indicating a growth of 23.3%[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,703,936,437.11, a slight decrease of 0.09% from CNY 8,711,353,802.58 at the end of the previous year[5] - Total current assets amounted to ¥7,083,603,393.61, slightly down from ¥7,113,167,895.65, indicating a decrease of approximately 0.4%[15] - Total liabilities decreased to ¥4,006,519,934.87 from ¥4,295,367,049.28, a reduction of 6.7%[17] - The company's total non-current assets were ¥1,620,333,043.50, up from ¥1,598,185,906.93, reflecting a growth of 1.4%[16] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 6.43% to CNY 4,600,789,025.63 from CNY 4,322,901,433.91 at the end of the previous year[5] Non-Recurring Items - Non-recurring gains and losses amounted to CNY 17,354,979.61 after tax, with significant contributions from government subsidies and other non-operating income[7] Investment Activities - Total cash inflow from investment activities amounted to CNY 561,711,257.38, up from CNY 119,530,262.54 year-over-year[26] - The net cash flow from investment activities was CNY 273,556,397.82, recovering from a net outflow of CNY -123,250,937.60 in the prior period[26] Financial Management - The company reported a financial expense of -¥17,442,521.28 in Q1 2025, compared to -¥974,689.07 in Q1 2024, indicating a significant improvement in financial management[21] Operational Insights - The increase in operating revenue and net profit was primarily driven by sales growth and the resulting economies of scale[8] - The company has no significant new product launches or technological developments reported in the current quarter[13] - There are no updates on market expansion or mergers and acquisitions during this reporting period[13] - The company has not disclosed any new strategic initiatives in the recent earnings call[13] - There are no significant changes in the shareholding structure or major shareholders participating in financing activities[12]