TRT(600085)2025-04-29 09:38Financial Performance - The company's operating revenue for Q1 2025 was CNY 5,275,676,318.68, a slight increase of 0.16% compared to CNY 5,267,289,154.73 in the same period last year[5]. - Net profit attributable to shareholders was CNY 582,207,170.28, reflecting a year-on-year growth of 1.10% from CNY 575,877,577.58[5]. - The net profit attributable to shareholders for the first quarter of 2025 was CNY 8.97 billion, an increase from CNY 8.39 billion in the same period last year, showing a growth of around 6.93%[19]. - Total operating revenue for Q1 2025 was approximately ¥5.28 billion, a slight increase from ¥5.27 billion in Q1 2024, representing a growth of 0.02%[22]. - Net profit for Q1 2025 was approximately ¥840.89 million, compared to ¥862.53 million in Q1 2024, reflecting a decrease of 2.5%[23]. - The company reported a total comprehensive income of approximately ¥832.54 million for Q1 2025, compared to ¥857.77 million in Q1 2024, a decrease of 2.94%[24]. Cash Flow and Liquidity - The net cash flow from operating activities reached CNY 832,580,698.58, a significant increase of CNY 1,084,346,919.00 compared to a negative cash flow of CNY 251,766,221.42 in the previous year[6]. - Cash flow from operating activities for Q1 2025 was approximately ¥832.58 million, a significant improvement from a negative cash flow of ¥251.77 million in Q1 2024[26]. - Cash and cash equivalents amounted to CNY 11.38 billion, up from CNY 10.76 billion, marking an increase of approximately 5.67%[17]. - Cash and cash equivalents at the end of Q1 2025 totaled approximately ¥11.12 billion, down from ¥12.30 billion at the end of Q1 2024, a decrease of 9.57%[26]. - The company experienced a net cash outflow from investing activities of approximately ¥48.26 million in Q1 2025, an improvement from a net outflow of ¥97.52 million in Q1 2024[26]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 32,311,700,391.06, representing a 3.57% increase from CNY 31,197,524,019.77 at the end of the previous year[5]. - As of March 31, 2025, the total assets of Beijing Tongrentang Co., Ltd. amounted to CNY 32.31 billion, an increase from CNY 31.20 billion as of December 31, 2024, representing a growth of approximately 3.56%[17]. - The company's current assets reached CNY 24.88 billion, up from CNY 23.70 billion, indicating a growth of about 4.97%[17]. - The total liabilities stood at CNY 10.55 billion, compared to CNY 10.30 billion in the previous period, reflecting an increase of approximately 2.43%[19]. Shareholder Equity - Shareholders' equity attributable to the parent company increased by 4.38% to CNY 13,774,196,050.31 from CNY 13,196,323,218.06[5]. - The total equity attributable to shareholders rose to CNY 13.77 billion, compared to CNY 13.20 billion, reflecting an increase of about 4.24%[19]. - The total number of ordinary shareholders at the end of the reporting period was 117,085[12]. - The company has no significant changes in the top ten shareholders or their relationships, indicating stability in ownership structure[14]. Operational Efficiency - The company implemented effective measures to optimize raw material procurement, leading to improved cash flow and inventory management[6]. - The company reported a 34.11% increase in accounts receivable, attributed to the rolling use of customer credit limits[8]. - The company reported a decrease in accounts receivable from CNY 1.32 billion to CNY 1.77 billion, which is an increase of approximately 34.38%[17]. - The inventory level was CNY 10.87 billion, slightly up from CNY 10.73 billion, indicating a growth of about 1.30%[17]. - The company experienced a 51.41% increase in long-term borrowings due to new loans taken by subsidiaries during the reporting period[10]. - The company's long-term borrowings increased to CNY 1.89 billion from CNY 1.25 billion, representing a significant rise of approximately 51.38%[19]. - Total operating costs for Q1 2025 were approximately ¥4.30 billion, up from ¥4.28 billion in Q1 2024, indicating a growth of 0.03%[22]. - Sales expenses for Q1 2025 increased to approximately ¥1.02 billion, compared to ¥840.17 million in Q1 2024, reflecting a growth of 21.7%[23]. - Research and development expenses for Q1 2025 were approximately ¥36.47 million, down from ¥41.58 million in Q1 2024, indicating a decrease of 12.3%[23]. Earnings Per Share - The basic earnings per share for the period was CNY 0.425, up 1.19% from CNY 0.420 in the same period last year[5]. - Basic earnings per share for Q1 2025 was ¥0.425, slightly up from ¥0.420 in Q1 2024, showing an increase of 1.19%[24].