BSM(300796)2025-04-18 12:10Financial Performance - The company's revenue for Q1 2025 reached ¥422,528,336.57, representing a 19.35% increase compared to ¥354,021,375.03 in the same period last year[5] - Net profit attributable to shareholders was ¥25,981,547.72, up 29.10% from ¥20,125,230.01 year-on-year[5] - Basic earnings per share increased by 16.67% to ¥0.07 from ¥0.06 in the same period last year[5] - Total operating revenue for the current period reached ¥422,528,336.57, an increase of 19.4% compared to ¥354,021,375.03 in the previous period[17] - Net profit for the current period was ¥24,663,036.77, representing a 20.5% increase from ¥20,513,161.34 in the previous period[18] - The net profit attributable to the parent company was ¥25,981,547.72, compared to ¥20,125,230.01 in the prior period, reflecting a growth of 29.0%[18] - Basic and diluted earnings per share for the current period were both ¥0.07, up from ¥0.06 in the previous period[19] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥9,114,632.96, a decline of 179.73% compared to ¥11,431,704.38 in the previous year[5] - Cash and cash equivalents decreased by 118.61% to -¥11,815,123.37, mainly due to reduced net cash inflows from operating and financing activities[9] - Cash inflow from operating activities totaled ¥357,231,802.72, an increase from ¥334,797,127.91 in the previous period[20] - Total cash outflow from operating activities amounted to $366,346,435.68, compared to $323,365,423.53 previously, reflecting an increase of approximately 13.3%[21] - The net cash flow from investment activities was -$27,067,846.46, an improvement from -$49,539,613.63, indicating a reduced loss in investment activities[21] - The net cash flow from financing activities was $23,160,582.74, a significant drop from $102,286,795.90, indicating a decline of about 77.3%[21] - The net increase in cash and cash equivalents was -$11,815,123.37, compared to an increase of $63,481,797.11 previously, indicating a substantial decline in liquidity[21] - The ending balance of cash and cash equivalents was $497,169,086.57, down from $558,910,328.42, reflecting a decrease of approximately 11%[21] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥3,191,671,769.22, a 0.91% increase from ¥3,162,753,792.68 at the end of the previous year[5] - Accounts receivable increased to ¥195,318,203.93 from ¥173,243,634.17, reflecting a growth of about 12.7%[13] - The total liabilities include short-term borrowings of ¥216,569,074.69, which increased from ¥202,575,162.50, showing a rise of about 6.5%[14] - Non-current liabilities decreased to ¥561,725,469.55 from ¥587,773,247.93, a reduction of 4.0%[16] - Total liabilities increased slightly to ¥1,404,134,393.64 from ¥1,399,708,927.72, reflecting a marginal growth of 0.3%[16] - Total equity attributable to shareholders of the parent company rose to ¥1,733,812,430.11 from ¥1,708,001,408.54, an increase of 1.5%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 10,869[10] - The largest shareholder, Ningbo Baisimei Investment Holding Co., Ltd., holds 23.02% of shares, totaling 83,118,980 shares[10] - The largest shareholder, Jiangsu Xihua Private Fund Management Co., Ltd., is identified as a concerted actor with the actual controller Chen Feng[11] - The company has a total of 3,663,500 shares held in a repurchase special account, accounting for 1.01% of the total share capital[11] Operational Expenses - Sales expenses increased by 46.82% to ¥17,334,928.71, primarily due to higher personnel costs and marketing expenses[8] - The company experienced a 69.90% decrease in income tax expenses, amounting to ¥2,601,995.00, attributed to tax incentives for subsidiaries[8] - The company reported a total of ¥166,110,384.10 in inventory, down from ¥176,122,672.43, indicating a decrease of approximately 5.7%[14] - The company’s long-term equity investments are valued at ¥77,967,929.79, slightly down from ¥78,265,328.54, reflecting a decrease of about 0.4%[14]