红旗连锁(002697) - 2025 Q1 - 季度财报

Financial Performance - The company reported a total revenue of CNY 2,479,371,367.44 for Q1 2025, a decrease of 7.17% compared to CNY 2,670,986,298.23 in the same period last year[5] - Net profit attributable to shareholders was CNY 156,596,852.25, down 4.15% from CNY 163,376,974.30 year-on-year[5] - The company achieved a basic earnings per share of CNY 0.12, unchanged from the previous year[5] - Net profit for the period was ¥156,597,719.83, down from ¥163,368,656.61, indicating a decrease of approximately 4.71% year-over-year[23] - Operating profit was ¥177,181,212.82, compared to ¥184,610,181.45 in the previous period, reflecting a decline of about 4.73%[23] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 14,154,625.58, a decline of 137.39% compared to CNY 37,859,347.27 in the previous year[5] - Cash flow from operating activities showed a net outflow of ¥14,154,625.58, contrasting with a net inflow of ¥37,859,347.27 in the prior period[24] - Cash and cash equivalents decreased to CNY 2,323,239,968.19 from CNY 2,504,770,497.72, indicating a reduction in liquidity[19] - Cash and cash equivalents at the end of the period totaled ¥2,313,708,992.19, down from ¥2,494,481,122.72 at the beginning of the period[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,272,538,581.56, a slight decrease of 0.15% from CNY 8,285,158,257.60 at the end of the previous year[5] - The total liabilities decreased to CNY 3,652,247,153.92 from CNY 3,821,464,549.79, indicating a reduction in financial obligations[20] - The company's current assets totaled CNY 4,942,770,421.07, showing an increase from CNY 4,903,221,523.78[19] - The non-current assets totaled CNY 3,329,768,160.49, down from CNY 3,381,936,733.82, indicating a slight reduction in long-term investments[20] Shareholder Value - The equity attributable to the parent company increased to CNY 4,619,663,353.31 from CNY 4,463,066,501.06, reflecting a growth in shareholder value[21] - The company reported a retained earnings increase to CNY 2,735,670,977.98 from CNY 2,579,074,125.73, reflecting improved profitability[21] Other Income and Expenses - Other income decreased by 80.95% compared to the previous year, primarily due to a decline in re-employment subsidies received[13] - The company’s investment income was CNY 0.35 billion, down 9.33% year-on-year, indicating a decline in investment performance[9] - Research and development expenses were recorded at ¥509,120.00, with no prior period data available for comparison[22] Inventory and Prepayments - Prepayments decreased by 32.35% compared to the end of the previous year, mainly due to reduced procurement prepayments[10] - Inventory increased to CNY 2,270,254,248.78 from CNY 2,051,897,910.02, indicating potential growth in sales or production[19] Consumption Promotion - The company issued "Red Flag Chain Benefit Cards" to promote consumption, responding to national policies aimed at boosting consumer spending[8]