CBGF(002478)2025-04-28 10:00Revenue and Profitability - Revenue for Q1 2025 was CNY 1,210,737,010.33, a decrease of 7.07% compared to CNY 1,302,845,442.52 in the same period last year[5] - Net profit attributable to shareholders decreased by 33.00% to CNY 111,222,483.50 from CNY 166,001,321.62 year-on-year[5] - Basic and diluted earnings per share both fell by 33.33% to CNY 0.12 from CNY 0.18 in the previous year[5] - Total operating revenue for the current period was CNY 1,210,737,010.33, a decrease of 7.06% from CNY 1,302,845,442.52 in the previous period[19] - Operating profit decreased to 128,007,533.87, down 33.9% from 193,473,235.77 in the previous period[20] - Total comprehensive income for the current period is 117,960,307.32, a decrease of 32.7% compared to 175,312,115.99 in the previous period[21] Assets and Liabilities - Total assets increased by 1.08% to CNY 8,383,691,927.75 compared to CNY 8,293,933,757.11 at the end of the previous year[5] - Total liabilities decreased to CNY 2,414,229,791.19 from CNY 2,441,929,234.94, a reduction of 1.14%[17] - The company's retained earnings increased to CNY 3,034,632,098.69 from CNY 2,923,409,615.19, reflecting a growth of 3.82%[17] - The non-current assets totaled CNY 2,938,295,889.13, an increase from CNY 2,849,408,838.21, indicating a growth of 3.43%[16] Cash Flow and Financial Performance - Cash flow from operating activities showed a slight improvement, with a net outflow of CNY 70,378,602.43, a 3.84% reduction in outflow compared to CNY 73,191,473.40 last year[5] - The company reported a financial expense of CNY -57,668,792.08, compared to CNY -30,262,841.88 in the previous period, indicating a significant increase in financial costs[19] - Cash and cash equivalents at the end of the period totaled 1,588,718,918.44, an increase from 1,197,481,988.06 in the previous period[23] Accounts Receivable and Inventory - Accounts receivable increased by 31.43%, amounting to an increase of CNY 202,419,700 compared to the beginning of the period[9] - Accounts receivable increased to CNY 846,371,385.77 from CNY 643,951,666.00, reflecting a growth of 31.5%[15] - Inventory levels rose to CNY 1,120,158,325.51, compared to CNY 1,088,988,404.23 at the beginning of the period, indicating an increase of 2.87%[15] Other Income and Expenses - Non-operating income decreased by 82.27%, down by CNY 4,760,300, primarily due to the absence of penalty income recorded in the previous year[10] - The company reported a significant investment loss of -20,102,887.22 compared to a gain of 5,976,978.90 in the previous period[20] - Interest income increased to 20,720,543.03, up from 15,047,946.42 in the previous period[20] Prepayments and Borrowings - Prepayments surged by 160.07%, increasing by CNY 87,007,800, primarily due to higher advance payments for raw materials[9] - Short-term borrowings decreased by 56.64%, down by CNY 91,457,200, mainly due to loan repayments[9]