恒林股份(603661) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 2,653,661,513.77, representing a 12.74% increase compared to CNY 2,353,688,954.37 in the same period last year[7] - Net profit attributable to shareholders decreased by 49.49% to CNY 51,864,700.06 from CNY 102,685,674.26 year-on-year[7] - Basic and diluted earnings per share dropped by 49.33% to CNY 0.38 from CNY 0.75 year-on-year[7] - Net profit for Q1 2025 was ¥58,943,495.59, a decrease of 48.25% from ¥113,953,902.57 in Q1 2024[21] - Basic earnings per share for Q1 2025 was ¥0.38, down from ¥0.75 in Q1 2024[21] Cash Flow - The net cash flow from operating activities was negative at CNY -54,638,382.47, a decline of 134.51% compared to CNY 158,343,972.31 in the previous year[7] - Cash flow from operating activities for Q1 2025 was negative at -¥54,638,382.47, compared to positive cash flow of ¥158,343,972.31 in Q1 2024[25] - Total cash inflow from operating activities in Q1 2025 was ¥2,843,279,086.68, an increase from ¥2,470,635,524.21 in Q1 2024[25] - Total cash outflow from operating activities in Q1 2025 was ¥2,897,917,469.16, compared to ¥2,312,291,551.90 in Q1 2024[25] Assets and Liabilities - Total assets decreased by 5.90% to CNY 10,217,089,671.95 from CNY 10,857,748,706.16 at the end of the previous year[7] - The company's current assets totaled RMB 5,465,254,640.90 as of March 31, 2025, down from RMB 6,203,632,037.74 at the end of 2024, indicating a decrease of about 11.9%[15] - The total liabilities of the company were RMB 6,403,005,290.92 as of March 31, 2025, down from RMB 7,105,909,161.32, representing a decrease of approximately 9.9%[17] - The equity attributable to shareholders increased from RMB 3,696,314,138.72 to RMB 3,749,594,724.98, showing a growth of about 1.4%[17] Investment and Other Income - Investment income saw a drastic decline of 672.65%, attributed to the termination of recognition of financial assets measured at amortized cost[8] - Non-recurring gains and losses included a loss of CNY 2,617,811.09 from the disposal of non-current assets and a government subsidy of CNY 3,868,767.02[6] - The company reported an investment loss of -¥5,944,278.40 in Q1 2025, contrasting with a gain of ¥1,038,021.07 in Q1 2024[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 9,512[10] Inventory and Borrowings - The inventory level decreased significantly from RMB 2,325,810,048.44 on December 31, 2024, to RMB 1,894,548,959.23, reflecting a reduction of approximately 18.5%[15][16] - Short-term borrowings decreased from RMB 1,325,020,867.15 to RMB 1,193,903,694.40, a decline of about 9.9%[16][17] - The company’s long-term borrowings decreased from RMB 811,658,795.84 to RMB 666,412,148.22, a reduction of about 17.9%[17] Future Plans - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[22]