天邦食品(002124) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥2,443,365,069.41, representing a 19.17% increase compared to ¥2,050,233,784.89 in the same period last year[5] - Net profit attributable to shareholders decreased by 78.97% to ¥126,941,575.83 from ¥603,731,515.18 year-on-year[5] - Basic and diluted earnings per share fell by 78.98% to ¥0.0571 from ¥0.2717 in the same period last year[5] - Net profit for the period was ¥126,527,831.14, down from ¥602,994,549.46, representing a decline of about 78.93%[22] - The company reported a total comprehensive income of ¥126,904,710.19, down from ¥603,375,955.69, a decrease of approximately 78.99%[22] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, reaching ¥324,861,645.54, a 118.05% increase from a negative cash flow of ¥1,800,092,563.11 in the previous year[5] - Operating cash flow increased to ¥324,861,645.54 from a negative cash flow of -¥1,800,092,563.11, indicating a significant turnaround[23] - Cash and cash equivalents increased by 146.50% compared to the beginning of the period, indicating a strong liquidity position[9] - Cash and cash equivalents at the end of the period increased to ¥279,398,770.57 from ¥58,776,390.12, a rise of approximately 376.36%[24] - Financing activities generated a net cash outflow of -¥113,833,438.98, improving from -¥631,872,171.06 in the prior period[24] - Investment activities resulted in a net cash outflow of -¥54,982,702.61 compared to a net inflow of ¥1,514,952,366.56 in the previous period[24] Assets and Liabilities - Total assets increased by 0.58% to ¥13,744,779,547.61 compared to ¥13,664,910,129.28 at the end of the previous year[5] - The total liabilities decreased to ¥9,867,798,507.83 from ¥9,918,133,799.69, showing a reduction of about 0.5%[18] - The non-current liabilities decreased to ¥1,951,683,550.00 from ¥2,108,584,967.52, indicating a decline of approximately 7.4%[18] - The company's equity attributable to shareholders rose by 3.46% to ¥3,802,559,668.94 from ¥3,675,241,214.06 at the end of the previous year[5] Operational Performance - Total operating revenue for the current period reached ¥2,443,365,069.41, representing an increase from ¥2,050,233,784.89 in the previous period, indicating a growth of approximately 19.2%[20] - Total operating costs decreased to ¥2,377,542,332.70 from ¥2,530,893,771.17, a reduction of approximately 6.04%[21] - Sales revenue from goods and services received cash of ¥2,470,955,790.42, up from ¥2,035,063,549.21, an increase of approximately 21.43%[23] - Accounts receivable rose by 31.24%, attributed to increased credit sales during the reporting period[9] - The inventory balance rose to ¥1,972,037,392.28 from ¥1,872,434,039.37, reflecting an increase of about 5.3%[16] Restructuring and Support - The company is currently undergoing a pre-restructuring process due to its inability to repay due debts, with a six-month pre-restructuring period initiated on August 9, 2024[13] - The company has received support from local government and has potential investors interested in participating in the pre-restructuring investment[13] - The company is actively engaging with potential investors and conducting necessary evaluations for the restructuring process[14] Other Financial Metrics - Research and development expenses rose to ¥10,707,213.73 from ¥9,597,898.18, an increase of about 11.53%[21] - The company reported a significant reduction in asset impairment losses, which decreased by 100% due to no signs of impairment during the reporting period[9] - The company's retained earnings showed an improvement, with a loss of ¥2,876,880,124.33 compared to a loss of ¥3,003,821,700.16 in the previous period[18]