Financial Performance - The company's revenue for Q1 2025 reached ¥485,466,355.52, representing a 26.56% increase compared to ¥383,600,696.74 in the same period last year[5] - Net profit attributable to shareholders was ¥54,092,206.44, up 27.96% from ¥42,271,307.81 year-over-year[5] - Basic earnings per share increased by 26.09% to ¥0.29, up from ¥0.23 in the previous year[5] - The gross profit margin improved, with total profit amounting to ¥71,305,554.08, reflecting a 26.35% increase from ¥56,435,301.05 year-over-year[11] - The company experienced a 40.99% increase in net profit after deducting non-recurring gains and losses, reaching ¥50,172,338.90 from ¥35,586,809.77 in the previous year[5] - Total operating revenue for the current period reached ¥485,466,355.52, an increase of 26.6% compared to ¥383,600,696.74 in the previous period[22] - Net profit for the current period was ¥54,092,206.44, representing a 27.9% increase from ¥42,271,307.81 in the previous period[23] - Earnings per share (EPS) for the current period was ¥0.29, compared to ¥0.23 in the previous period[23] Cash Flow and Assets - The net cash flow from operating activities surged by 112.68% to ¥72,223,328.48, compared to ¥33,958,474.36 in Q1 2024[5] - Cash and cash equivalents increased by 244.19% to ¥80,485,810.91, compared to a decrease of ¥55,819,553.82 in Q1 2024[12] - Total current assets increased to 1,538,398,948.16 RMB from 1,449,713,668.81 RMB[19] - Cash and cash equivalents at the end of the period amounted to 414,742,256.24 RMB, up from 328,867,886.22 RMB[19] - The net increase in cash and cash equivalents for the period was CNY 80,485,810.91, compared to a decrease of CNY 55,819,553.82 in the previous period[25] - The ending balance of cash and cash equivalents was CNY 377,235,775.23, up from CNY 213,775,602.79, indicating a growth of 76.7%[25] Investments and Subsidiaries - The company reported a significant increase in investment income, which rose by 306.72% to ¥9,234,742.13, compared to ¥2,270,546.65 in the same quarter last year[10] - The company established a wholly-owned subsidiary in Cambodia with an investment of $3 million, named Cambodian Huasheng Hygiene Products Co., Ltd.[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,564[14] - The largest shareholder, Gao Fuzhong, holds 31.42% of the shares, totaling 58,101,343 shares[14] Share Repurchase - The company approved a share repurchase plan with a total budget of up to 40 million RMB, targeting a repurchase price not exceeding 26.00 RMB per share[17] - The first share repurchase was executed on April 16, 2025, with 100,000 shares bought back at an average price of 16.62 RMB per share, totaling 1,663,400 RMB[18] Liabilities and Assets - Total assets as of March 31, 2025, were ¥2,291,055,344.25, a 4.36% increase from ¥2,195,357,433.26 at the end of the previous year[5] - Total liabilities rose to ¥402,550,267.45, up from ¥362,159,659.16, indicating an increase of 11.1%[21] - The company’s total liabilities decreased by 30.91% in contract liabilities, indicating a reduction in advance payments received[9] Research and Development - Research and development expenses were ¥4,579,508.62, a decrease of 8.8% from ¥5,019,996.21 in the previous period[22] Accounting Standards - The company did not undergo an audit for the first quarter report[26] - The company plans to implement new accounting standards starting from 2025[26]
依依股份(001206) - 2025 Q1 - 季度财报