Financial Performance - The company's revenue for Q1 2025 was ¥448,997,763.65, a decrease of 18.52% compared to ¥551,028,964.95 in the same period last year[4] - Net profit attributable to shareholders decreased by 58.27% to ¥34,253,333.33 from ¥82,086,318.37 year-on-year[4] - The net profit excluding non-recurring gains and losses fell by 59.49% to ¥32,514,067.73 from ¥80,269,611.56 in the previous year[4] - Basic and diluted earnings per share decreased by 55.90% to ¥0.0819 from ¥0.1857 year-on-year[4] - The total profit for the current period is 46,859,864.25, down from 109,189,988.20, reflecting a decline of 57.1%[21] - The operating profit for the current period is 47,002,576.65, compared to 109,054,791.43 in the previous period, indicating a decrease of 56.9%[21] - The total comprehensive income for the current period is 32,498,141.68, compared to 83,228,579.20 in the previous period, a decrease of 60.9%[22] Cash Flow and Assets - Operating cash flow turned negative at -¥67,706,343.58, a decline of 69.11% compared to -¥40,037,105.71 in the same period last year[4] - The cash flow from operating activities shows a net outflow of -67,706,343.58, worsening from -40,037,105.71 in the previous period[25] - The company's cash and cash equivalents at the end of Q1 2025 were CNY 640.72 million, a decrease from CNY 657.34 million at the beginning of the period[16] - The cash and cash equivalents at the end of the period stand at 453,981,281.93, a slight decrease from 469,600,777.72 at the end of the previous period[26] - The total assets at the end of the reporting period were ¥1,976,511,975.06, down 3.81% from ¥2,054,739,278.33 at the end of the previous year[5] - The total assets as of March 31, 2025, were CNY 1.98 billion, down from CNY 2.05 billion at the beginning of the period[19] - The total liabilities decreased to CNY 809.91 million from CNY 920.63 million in the previous period[18] Shareholder Equity and Repurchase - Shareholders' equity attributable to shareholders increased by 2.87% to ¥1,166,603,215.85 from ¥1,134,105,074.17 at the end of the previous year[5] - The company repurchased 19,273,430 shares using its own funds through a dedicated securities account[11] - The company repurchased a total of 10,026,525 shares, reducing the total share capital from 447,500,000 shares to 437,473,475 shares[14] Revenue Breakdown - In Q1 2025, the company's coconut juice beverage products generated revenue of CNY 228 million, accounting for 50.78% of total revenue[12] - The company's canned fruit products achieved revenue of CNY 155 million, representing 34.52% of total revenue[12] - The emerging channel, including snack specialty chains, generated revenue of CNY 46.45 million during the reporting period[13] - The total operating revenue for Q1 2025 was CNY 448.99 million, a decrease of 18.6% from CNY 551.03 million in the previous period[20] - Total operating costs for Q1 2025 were CNY 403.99 million, down 9% from CNY 443.47 million in the previous period[20] Market Challenges - The overall product gross margin was 31.38%, a decrease of 7.3 percentage points year-on-year[8] - The decline in revenue and profit was attributed to increased raw material costs and a shift towards lower-margin snack chain channels[8] - The company plans to continue focusing on the fruit canned and coconut beverage sectors while enhancing product differentiation and channel strategies[13]
欢乐家(300997) - 2025 Q1 - 季度财报