东鹏饮料(605499) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 reached ¥4.85 billion, representing a 39.23% increase compared to ¥3.48 billion in the same period last year[4] - Net profit attributable to shareholders was ¥980 million, up 47.62% from ¥664 million year-on-year[4] - The net profit excluding non-recurring gains and losses increased by 53.55% to ¥959 million from ¥624 million in the previous year[4] - Basic earnings per share rose to ¥1.88, reflecting a 47.62% increase compared to ¥1.28 in the same period last year[4] - Operating profit for Q1 2025 was ¥1,238,520,366.41, up 48.3% from ¥834,720,609.32 in Q1 2024[30] - Net profit attributable to shareholders for Q1 2025 was ¥980,009,530.26, compared to ¥663,880,398.30 in Q1 2024, reflecting a 47.5% increase[30] - The basic and diluted earnings per share for Q1 2025 were both ¥1.8846, up from ¥1.2767 in Q1 2024, marking an increase of about 48%[32] Cash Flow and Liquidity - Cash flow from operating activities decreased by 26.53% to ¥631 million, primarily due to increased year-end bonuses and taxes compared to the previous year[10] - The net cash flow from operating activities for Q1 2025 was ¥631,493,112.47, compared to ¥859,544,401.77 in Q1 2024, indicating a decrease of about 26%[36] - The company’s cash and cash equivalents at the end of Q1 2025 stood at ¥2,913,418,540.63, down from ¥3,967,208,000.19 at the end of Q1 2024, reflecting a decrease of approximately 27%[38] - The total cash outflow from financing activities in Q1 2025 was ¥1,393,694,350.45, compared to ¥1,732,856,391.92 in Q1 2024, indicating a decrease of approximately 20%[38] - The company received cash from borrowings amounting to ¥883,000,000.00 in Q1 2025, a significant drop from ¥2,149,317,286.32 in Q1 2024[36] - The cash flow from operating activities was impacted by a total cash outflow of ¥4,256,691,122.49 in Q1 2025, compared to ¥3,316,062,098.64 in Q1 2024, reflecting an increase of about 28%[36] Assets and Equity - Total assets at the end of the reporting period were ¥22.68 billion, a slight increase of 0.02% from ¥22.68 billion at the end of the previous year[6] - The company's equity attributable to shareholders rose by 12.62% to ¥8.66 billion from ¥7.69 billion at the end of the previous year[6] - Total assets as of Q1 2025 amounted to ¥22,681,820,470.26, slightly up from ¥22,676,296,132.90 in the previous year[28] - Total liabilities decreased to ¥14,019,943,562.95 in Q1 2025 from ¥14,984,716,162.90 in Q1 2024, a reduction of 6.4%[28] - The total equity attributable to shareholders increased to ¥8,658,154,432.16 from ¥7,687,803,337.75 year-over-year, reflecting a growth of 12.6%[28] Expenses and Costs - Research and development expenses surged by 51.51%, indicating a significant increase in investment in innovation[12] - Sales expenses increased by 35.71%, attributed to higher advertising and sales personnel costs[12] - The company's operating costs grew by 35.09% year-over-year, driven by stable sales growth[16] - Research and development expenses for Q1 2025 were ¥16,766,543.06, an increase from ¥11,066,111.35 in Q1 2024, indicating a focus on innovation[30] - The company reported a gross profit margin improvement, with total operating costs rising to ¥3,666,582,237.37, compared to ¥2,694,283,711.06 in Q1 2024[30] Revenue Breakdown - Energy drinks accounted for 80.50% of total revenue in Q1 2025, while electrolyte drinks increased their share from 4.53% in Q1 2024 to 11.76% in Q1 2025[15] - The Guangdong region contributed RMB 112,517.71 million, accounting for 23.22% of total revenue in Q1 2025, up from 26.61% in Q1 2024[14] - The North China region saw a revenue increase to RMB 74,607.41 million, representing 15.40% of total revenue, compared to 12.50% in the previous year[14] - In Q1 2025, the company's total revenue reached RMB 484,516.73 million, a significant increase from RMB 347,758.62 million in Q1 2024, representing a growth of 39.24%[15] - Total revenue for Q1 2025 reached ¥4,848,071,704.63, a 39.0% increase from ¥3,482,167,762.79 in Q1 2024[28] Shareholder Information - The company reported a total of 14,737 common shareholders as of the end of the reporting period[18] - The largest shareholder, Lin Muqin, holds 49.74% of the shares, with a total of 258,657,634 shares[18] Future Outlook - The company plans to continue expanding its market presence and investing in new product development to drive future growth[27]