九芝堂(000989) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥805,671,753.35, a decrease of 25.36% compared to ¥1,079,482,203.93 in the same period last year[4] - Net profit attributable to shareholders was ¥116,548,482.40, down 19.40% from ¥144,601,666.94 year-on-year[4] - Basic and diluted earnings per share were both ¥0.1377, representing an 18.47% decrease from ¥0.1689 in the same period last year[4] - Net profit for the current period is ¥121,831,502.30, a decline of 15.6% from ¥144,417,064.21 in the previous period[18] - The total comprehensive income amounted to CNY 121,831,502.30, down from CNY 144,417,064.21, indicating a decrease of about 15.6%[19] Cash Flow - The net cash flow from operating activities increased by 118.41%, reaching ¥55,661,035.20, compared to a negative cash flow of ¥302,402,236.01 in the previous year[4] - Cash flow from operating activities generated a net cash inflow of CNY 55,661,035.20, a significant improvement from a net outflow of CNY -302,402,236.01 in the previous period[22] - Cash inflow from investment activities totaled CNY 1,068,156,676.21, compared to CNY 191,392,274.42 in the previous period, marking an increase of approximately 460.5%[22] - Cash outflow from investment activities was CNY 1,524,113,532.89, up from CNY 358,226,823.95, indicating an increase of about 325.5%[22] - The net cash flow from financing activities was CNY 16,159,945.02, down from CNY 93,274,675.81, representing a decrease of approximately 82.7%[22] - The total cash and cash equivalents decreased by CNY 384,135,876.46, compared to a decrease of CNY 375,962,109.73 in the previous period[22] - The company received CNY 3,591,939.56 in tax refunds related to operating activities[22] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 528,065,623.62, compared to CNY 351,832,836.97 in the previous period[21] Assets and Equity - Total assets at the end of the reporting period were ¥5,388,206,440.25, an increase of 3.39% from ¥5,211,440,858.19 at the end of the previous year[4] - The company's equity attributable to shareholders rose by 3.11% to ¥3,869,760,901.38 from ¥3,753,212,418.98[4] - The total equity attributable to shareholders increased to ¥3,869,760,901.38, up from ¥3,753,212,418.98, showing a growth of 3.1%[15] Expenses - The company reported a 37.16% reduction in selling expenses, totaling ¥26,168,800.00, due to decreased revenue and cost-saving measures[6] - Total operating costs decreased to ¥665,265,010.85, a reduction of 28.4% compared to ¥928,718,084.94 last year[18] - Research and development expenses decreased to ¥24,366,474.33, down 22.4% from ¥31,431,947.80 in the previous period[18] - The company reported a significant increase in other income to ¥3,494,127.83 from ¥13,688,212.38, reflecting a decrease of 74.5%[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 40,372[8] - The largest shareholder, Heilongjiang Cheneng Investment Co., Ltd., holds 205,730,587 shares, accounting for 24.04% of total shares[8] - Li Zhenguo, the second-largest shareholder, holds 161,898,371 shares, representing 18.91% of total shares, with 161,548,778 shares pledged[8] - The company plans to transfer 53,500,000 shares (6.25% of total shares) from Li Zhenguo to Heilongjiang Cheneng Investment Co., Ltd. at a price of 7.19 RMB per share, totaling 384,665,000 RMB[9] - The company has repurchased 9,660,000 shares, which is 1.13% of the total shares, with a total expenditure of 76,200,959.71 RMB[10] - The company has set a share repurchase plan with a budget between 50 million RMB and 100 million RMB[10] - The company’s control will change to Heilongjiang Cheneng Investment Co., Ltd. after the share transfer is completed[9] - The top ten shareholders do not have any associated relationships or act in concert with each other[8] Taxation - The company experienced a 161.52% increase in taxes payable, amounting to ¥6,223,490.00, primarily due to increased VAT and corporate income tax[6] Contract Liabilities - The company recorded a 40.86% increase in contract liabilities, reaching ¥7,482,470.00, due to an increase in advance payments received[6] Investments - The company reported a significant increase in investment income, which was ¥637,670.00, down 46.97% from ¥1,202,430.00 in the previous year, attributed to changes in accounting methods[7] - Long-term equity investments rose slightly to ¥232,671,242.32 from ¥228,782,281.05, indicating a growth of 1.7%[14]