富春染织(605189) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for the first quarter was CNY 669,704,604.69, representing a year-on-year increase of 24.68% compared to CNY 537,141,297.73[4] - Net profit attributable to shareholders decreased by 83.62% to CNY 4,835,296.56 from CNY 29,514,436.74 in the same period last year[4] - The diluted earnings per share fell by 85.71% to CNY 0.03 from CNY 0.21 year-on-year[5] - The weighted average return on equity decreased by 1.37 percentage points to 0.26% from 1.63%[5] - Total operating revenue for Q1 2025 reached ¥669,704,604.69, a 24.6% increase from ¥537,141,297.73 in Q1 2024[20] - Net profit for Q1 2025 was ¥4,835,296.56, a significant decrease of 83.7% compared to ¥29,514,436.74 in Q1 2024[21] - Basic earnings per share for Q1 2025 was ¥0.03, down from ¥0.19 in Q1 2024[22] - The company reported a total comprehensive income of ¥5,094,206.59 for Q1 2025, down from ¥34,493,973.44 in Q1 2024[22] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -407,230,015.81, compared to CNY -383,667,618.58 in the same period last year[4] - The net cash flow from operating activities was -$407.23 million, compared to -$383.67 million in the previous period, indicating a decline in operational cash generation[25] - The total cash inflow from operating activities was $734.68 million, up from$623.87 million, indicating improved operational performance[25] - The ending cash and cash equivalents balance was $517.82 million, compared to$465.58 million at the end of the previous period, indicating a slight increase in liquidity[26] - Cash outflow for purchasing goods and services was $1.05 billion, an increase from$882.54 million, highlighting rising operational costs[25] - Cash outflow for financing activities totaled $371.44 million, significantly higher than$163.31 million, reflecting increased debt repayments and dividend distributions[26] Assets and Liabilities - Total assets increased by 3.92% to CNY 5,424,860,734.24 from CNY 5,220,318,775.68 at the end of the previous year[5] - Current assets totaled RMB 3,204,224,595.74, up from RMB 2,977,013,908.49, indicating an increase of about 7.63%[15] - Total liabilities increased to ¥3,540,109,285.87 in Q1 2025, compared to ¥3,340,246,908.06 in Q1 2024[17] - The company reported a significant increase in total liabilities, reflecting ongoing investments and operational expansions[14] Shareholder Information - The number of common shareholders at the end of the reporting period was 8,449[10] - There were no preferred shareholders with restored voting rights reported during the period[10] - There are no significant changes in the top ten shareholders or their shareholding structures, indicating stability in ownership[12] Operational Costs and Expenses - Total operating costs for Q1 2025 were ¥664,565,016.19, up 26.0% from ¥527,566,613.71 in Q1 2024[20] - Financial expenses in Q1 2025 totaled ¥18,222,369.61, a significant rise from ¥5,262,482.85 in Q1 2024[21] - Research and development expenses for Q1 2025 were ¥25,074,602.10, slightly down from ¥25,742,125.46 in Q1 2024[20] Future Outlook - The company is focusing on enhancing its product offerings and market expansion strategies in the upcoming quarters[12] - The decrease in net profit was mainly attributed to increased borrowing costs and depreciation expenses[8]