歌尔股份(002241) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥16,304,933,891.22, a decrease of 15.57% compared to ¥19,311,868,351.19 in the same period last year[5] - Net profit attributable to shareholders increased by 23.53% to ¥468,853,936.56 from ¥379,545,536.73 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥292,260,603.66, reflecting a 6.09% increase from ¥275,495,406.41 in the previous year[5] - The company's basic earnings per share rose by 27.27% to ¥0.14 from ¥0.11 in the same period last year[5] - Net profit for the current period was ¥437,112,201.90, an increase of 19.7% compared to ¥365,166,172.68 in the previous period[28] - Earnings per share increased to ¥0.14 from ¥0.11, reflecting a growth of 27.3%[29] Assets and Liabilities - Total assets decreased by 5.06% to ¥78,518,771,099.43 from ¥82,706,773,086.83 at the end of the previous year[5] - The total current liabilities decreased to RMB 39.37 billion from RMB 44.96 billion, indicating a reduction of about 12.5%[25] - The company's total liabilities decreased to RMB 44.01 billion from RMB 48.66 billion, a reduction of about 9.5%[25] - The company's equity increased slightly, with the share capital rising to RMB 3.49 billion from RMB 3.49 billion, reflecting a marginal increase[25] Cash Flow - The company's cash flow from operating activities was ¥1,536,480,480.75, a slight increase of 0.13% compared to ¥1,534,517,201.91 in the previous year[5] - The net cash flow from operating activities for the current period is $1,536,480,480.75, slightly up from $1,534,517,201.91 in the previous period[30] - The net cash flow from financing activities increased by 480.32% to ¥6,485,987,933.46 in Q1 2025, mainly due to a significant increase in borrowings[15] - Cash inflow from financing activities reached $15,477,484,341.61, compared to $9,576,402,462.05 in the previous period[30] Investments and R&D - The company reported a significant increase in long-term equity investments by 194.17% to ¥2,160,433,608.58, primarily due to new investments in Shanghai Kangnait Optical Technology Group Co., Ltd.[10] - The company’s research and development expenditures increased by 41.80% to ¥241,129,347.06, indicating a focus on innovation[10] - R&D expenses increased by 32.83% to ¥1,095,719,407.04 in Q1 2025 from ¥824,875,804.43 in Q1 2024, primarily due to increased investment in research and development[13] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 326,420, with no preferred shareholders having restored voting rights[17] - The largest shareholder, Goer Group Co., Ltd., holds 14.65% of shares, amounting to 511,248,570 shares[18] - The controlling shareholder, Goer Group, plans to increase its stake in the company by no less than RMB 5 billion and no more than RMB 10 billion within 6 months, having already acquired 47,439,630 shares, raising its ownership from 14.54% to 15.90%[20] - The company has initiated a share repurchase plan with a budget of RMB 5 billion to RMB 10 billion, with a maximum repurchase price of RMB 38.97 per share, and has already repurchased 9,056,100 shares at an average price between RMB 20.56 and RMB 21.65[21] Tax and Financial Expenses - The company reported a 2,040.96% increase in income tax expenses, totaling ¥51,778,296.85 in Q1 2025, due to a rise in total profit and an increase in the average applicable tax rate[13] - Financial expenses showed a significant decrease of 119.40%, resulting in a gain of ¥6,895,616.26 in Q1 2025 compared to a loss of ¥35,544,029.32 in Q1 2024, attributed to increased foreign exchange gains[13] Other Financial Metrics - The company received government subsidies amounting to ¥82,077,942.69, primarily for innovation and development projects[7] - Investment income surged by 3,305.43%, reaching ¥144,102,459.94 in Q1 2025, compared to a loss of ¥4,495,579.38 in Q1 2024, driven by gains from foreign exchange derivatives and investments in associates[13] - The fair value change income decreased by 45.80% to ¥45,686,840.25 in Q1 2025, attributed to a reduction in gains from foreign exchange derivatives[13] - The company experienced an 88.07% increase in credit impairment losses, amounting to ¥95,324,970.18 in Q1 2025, primarily due to a decrease in the balance of bad debt provisions for receivables[13]