NANSHAN FASHION(300918)2025-04-24 09:15Financial Performance - The company's total revenue for Q1 2025 was ¥362,036,517.02, representing a 0.72% increase compared to ¥359,449,586.62 in the previous period[5] - Net profit for the quarter was ¥37,302,151.46, up by 0.86% from ¥36,983,919.08 year-on-year[5] - Operating profit increased significantly by 12.84% to ¥35,930,260.45 from ¥31,841,968.94 in the previous year[5] - The company reported a basic earnings per share of CNY 0.10, consistent with the previous period[21] - The total comprehensive income for the period was CNY 35,950,411.41, compared to CNY 35,894,869.01, showing a slight increase[21] Assets and Liabilities - The company's total assets reached ¥4,720,169,513.37, a 2.11% increase from ¥4,622,464,777.81[5] - The total liabilities rose by 27.39% to ¥2,796,732,984.70 from ¥2,195,352,569.40[5] - Total current assets amount to 1,697,235,550.38 RMB, an increase from 1,675,541,617.48 RMB in the previous period[16] - Total non-current assets are 3,022,933,962.99 RMB, up from 2,946,923,160.33 RMB[16] - Total liabilities decreased from CNY 2,421,634,590.04 to CNY 1,918,006,677.22, a reduction of approximately 20.9%[17] - Total equity increased from CNY 2,200,830,187.77 to CNY 2,802,162,836.15, representing a growth of about 27.3%[17] Cash Flow - The cash flow from operating activities showed a significant negative change, amounting to -¥82,020,062.74, a decrease of 4,417.16% compared to -¥1,815,744.39 in the previous period[10] - Cash flow from financing activities increased dramatically to ¥112,052,605.32, a 6,542.63% rise from -¥1,739,236.12[10] - Net cash flow from operating activities was -82,020,062.74, compared to -1,815,744.39 in the previous period, indicating a significant decline[24] - Total cash inflow from investment activities was 131,074,446.91, down from 140,303,205.47, while cash outflow was 182,302,743.01, compared to 240,472,779.64 previously, resulting in a net cash flow of -51,228,296.10[24] - Cash inflow from financing activities increased to 220,000,000.00 from 1,000,000.00, while cash outflow was 107,947,394.68, leading to a net cash flow of 112,052,605.32, a recovery from -1,739,236.12[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 20,484[12] - The largest shareholder, Nanshan Group Co., Ltd., holds 55.90% of shares, totaling 243,000,000 shares[12] - The company has a total of 5,369,100 shares in a repurchase account, representing 1.24% of total share capital[13] - The company does not have any preferred shareholders or significant changes in shareholding due to margin trading[14] Operational Costs - Cash paid for purchasing goods and services increased to 292,076,058.18 from 243,141,042.71, indicating higher operational costs[24] - Cash paid to employees rose to 116,889,866.44 from 108,136,916.17, suggesting an increase in workforce or compensation[24] - Cash paid for other operating activities surged to 41,474,935.28 from 13,000,404.41, indicating increased operational expenditures[24] - Research and development expenses decreased from CNY 15,910,184.98 to CNY 14,028,394.77, a decline of approximately 11.8%[20] Financial Reporting and Standards - The company has not identified any non-recurring gains or losses that would affect its financial reporting[6] - The company does not anticipate any adjustments or restatements of prior financial data[5] - The company did not undergo an audit for the first quarter report, which may affect investor confidence[25] - The company is not applying the new accounting standards starting from 2025, which may impact future financial reporting[25]