Juewei Food (603517)2025-04-09 12:40Financial Performance - The company's revenue for Q1 2025 was CNY 1,500,837,030.62, representing a decrease of 11.47% compared to CNY 1,695,359,649.90 in the same period last year[7] - Net profit attributable to shareholders was CNY 119,981,510.73, down 27.29% from CNY 165,014,634.16 year-on-year[7] - The net profit after deducting non-recurring gains and losses was CNY 105,834,908.62, a decline of 32.13% compared to CNY 155,932,172.34 in the previous year[7] - Basic and diluted earnings per share were both CNY 0.19, a decrease of 26.92% from CNY 0.26[7] - Net profit for Q1 2025 was CNY 115,201,820.91, down 27.7% from CNY 159,421,676.16 in Q1 2024[20] - Operating profit for Q1 2025 was CNY 180,545,455.51, a decline of 21.1% compared to CNY 228,935,065.80 in Q1 2024[20] Cash Flow - The net cash flow from operating activities was CNY 343,782,488.53, down 11.41% from CNY 388,069,195.50 in the same period last year[7] - In Q1 2025, the net cash flow from operating activities was 388,069,195.50 in Q1 2024[25] - Cash inflow from operating activities totaled 1,896,808,548.96 in Q1 2024, reflecting a decline of 12.8%[25] - The cash outflow from operating activities in Q1 2025 was 1,508,739,353.46 in Q1 2024, indicating a reduction of 13.2%[25] - The net cash flow from investing activities was -500,507,501.86 in Q1 2024[26] - Total cash inflow from investing activities in Q1 2025 was 251,222,608.25 in Q1 2024, marking an increase of 70.7%[26] - Cash outflow from investing activities decreased to 751,730,110.11 in Q1 2024, a reduction of 18.5%[26] - The net cash flow from financing activities was 48,818,788.80 in Q1 2024, showing a positive turnaround[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,301,363,483.09, an increase of 1.27% from CNY 8,197,652,265.36 at the end of the previous year[7] - Total assets as of March 31, 2025, amounted to CNY 8,301,363,483.09, an increase from CNY 8,197,652,265.36 at the end of 2024[18] - Total liabilities as of March 31, 2025, were CNY 1,970,007,637.46, slightly down from CNY 1,976,955,622.64 at the end of 2024[18] - Cash and cash equivalents increased to CNY 905,272,591.59 from CNY 717,549,903.20 at the end of 2024, representing a growth of 26.2%[16] - Inventory decreased to CNY 682,482,098.68 from CNY 890,369,137.80, a reduction of 23.3%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 53,235[12] - Shareholders' equity attributable to shareholders was CNY 6,387,738,727.04, up 1.83% from CNY 6,272,998,225.64 at the end of the previous year[7] - The company’s total equity increased to CNY 6,331,355,845.63 from CNY 6,220,696,642.72 at the end of 2024, reflecting a growth of 1.8%[18] Non-Recurring Gains - The company recognized non-recurring gains of CNY 14,146,602.11 during the period, primarily from government subsidies and fair value changes of financial assets[9] - The company experienced a 100% increase in trading financial assets due to new structured deposits not yet redeemed[10] Accounting Standards - The company did not apply new accounting standards starting from 2025[27]