Wayzim(688211)2025-04-29 11:00Financial Performance - The company's operating revenue for Q1 2025 was ¥375,556,662.19, representing an increase of 8.99% compared to ¥344,577,070.46 in the same period last year[4]. - The net profit attributable to shareholders was -¥26,336,182.12, an improvement from -¥41,764,489.21 year-over-year, indicating a 36.94% reduction in losses[4][8]. - Total revenue for Q1 2025 reached ¥375,556,662.19, an increase of 9.4% compared to ¥344,577,070.46 in Q1 2024[18]. - Net loss for Q1 2025 was ¥26,336,187.44, an improvement from a net loss of ¥41,764,493.93 in Q1 2024[19]. - Basic and diluted earnings per share were both -¥0.21, an improvement from -¥0.33 in the previous year[4]. - Basic and diluted earnings per share for Q1 2025 were both -¥0.21, an improvement from -¥0.33 in Q1 2024[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,714,268,461.57, reflecting an increase of 8.45% from ¥6,191,104,639.26 at the end of the previous year[5]. - Total assets increased to ¥6,714,268,461.57 as of March 31, 2025, compared to ¥6,191,104,639.26 at the same time last year[16]. - Total liabilities rose to ¥3,190,708,379.17, up from ¥2,646,792,472.59 in the previous year[16]. - The company's total liabilities rose to ¥2,268,801,068.69 from ¥2,072,267,653.37, reflecting increased operational commitments[24]. - The total current assets increased to ¥4,329,133,394.54 as of March 31, 2025, up from ¥4,160,677,379.54 at the end of 2024, driven by higher cash and inventory levels[24]. Cash Flow - The net cash flow from operating activities was -¥26,485,316.57, a significant decline compared to a positive cash flow of ¥93,684,717.58 in the same period last year[4][8]. - Cash flow from operating activities showed a net outflow of ¥26,485,316.57, compared to a net inflow of ¥93,684,717.58 in the same period last year[20]. - Cash flow from operating activities showed a net outflow of ¥73,241,650.55 in Q1 2025, compared to a net inflow of ¥55,034,370.09 in Q1 2024, indicating challenges in cash generation[26]. - The net cash flow from financing activities was -64,363,655.81, compared to $27,385,924.59 in the previous period[27]. Research and Development - Research and development (R&D) expenses totaled ¥27,197,864.75, down 32.35% from ¥40,206,161.95, with R&D expenses accounting for 7.24% of operating revenue, a decrease of 4.43 percentage points[5][8]. - Research and development expenses decreased to ¥25,191,564.76 in Q1 2025 from ¥36,193,689.15 in Q1 2024, suggesting a potential shift in focus towards operational efficiency[25]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,998[10]. - The largest shareholder, Wuxi Weizhi Yuanchuang Investment Partnership, holds 27 million shares, representing 20.52% of total shares[10]. - The company has a total of 4,554,770 shares in its repurchase account, which are not included in the top 10 shareholders[11]. Inventory and Orders - As of March 31, 2025, the total amount of orders on hand is approximately 3.104 billion RMB, with the top five customers accounting for 54.59% of the total[13]. - The inventory as of March 31, 2025, is approximately 1.59 billion RMB, down from 1.70 billion RMB at the end of 2024[15].