西王食品(000639) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was CNY 1,039,738,611.09, a decrease of 19.92% compared to CNY 1,298,340,202.88 in the same period last year[5] - Net profit attributable to shareholders was CNY 7,516,130.78, down 85.22% from CNY 50,857,341.46 year-on-year[5] - Basic and diluted earnings per share decreased to CNY 0.0070, down 85.14% from CNY 0.0471 in the same period last year[5] - Operating profit turned negative at -¥6,595,494.91 compared to a profit of ¥57,546,656.80 in the previous period[19] - Net profit attributable to the parent company was ¥7,516,130.78, down from ¥50,857,341.46, representing a decline of approximately 85.2%[20] - Other comprehensive income after tax for the parent company was -¥1,585,046.57, down from ¥3,035,669.40[21] Cash Flow - The net cash flow from operating activities improved to -CNY 34,687,659.97, a 65.90% increase compared to -CNY 101,711,376.16 in the previous year[5] - Operating cash flow for the current period was ¥1,068,026,518.08, a decrease of 9.3% from ¥1,177,119,412.72 in the previous period[22] - Net cash flow from operating activities was -¥34,687,659.97, an improvement from -¥101,711,376.16 in the previous period[23] - Cash outflow from investing activities totaled ¥16,989,320.37, significantly higher than ¥3,218,666.54 in the previous period[23] - Net cash flow from investing activities was -¥13,614,320.37, compared to a positive cash flow of ¥156,333.46 in the previous period[23] - The net increase in cash and cash equivalents was -¥102,259,299.61, an improvement from -¥171,720,322.30 in the previous period[24] - The ending balance of cash and cash equivalents was ¥363,404,963.69, up from ¥126,738,674.90 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,091,304,935.15, a decrease of 1.16% from CNY 6,162,827,205.39 at the end of the previous year[5] - Total current assets decreased from ¥2,950,488,656.93 to ¥2,875,257,884.17, a decline of about 2.54%[14] - Total liabilities decreased to ¥2,743,740,942.07 from ¥2,814,315,921.90, a decline of about 2.5%[16] - Non-current assets increased slightly to ¥3,216,047,050.98 from ¥3,212,338,548.46, an increase of approximately 0.11%[15] - The company has a total of 317,321,253.76 in deferred tax assets, an increase from ¥306,840,998.61[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 51,198[10] - The largest shareholder, Xiwang Group Co., Ltd., holds 28.91% of shares, totaling 312,075,381 shares[10] - Xiwang Group Co., Ltd. and Shandong Yonghua Investment Co., Ltd. are identified as related parties due to their ownership structure[11] Operating Income and Costs - Total operating revenue decreased to ¥1,039,738,611.09 from ¥1,298,340,202.88, a decline of approximately 19.93% year-over-year[18] - Total operating costs decreased to ¥1,046,900,051.00 from ¥1,239,411,977.45, reflecting a reduction of about 15.5% year-over-year[18] - The company reported a significant increase in operating other income, which rose by 836% to CNY 6,734,574.60 compared to CNY 719,365.97 in the previous year[8] - The company experienced a 341% increase in trading financial assets, reaching CNY 7,886,658.07 due to customer stock offsets against receivables[8] - The company reported a 423% increase in cash paid for the acquisition of fixed assets, totaling CNY 16,837,620.37 compared to CNY 3,218,666.54 in the previous year[8] - The company received tax refunds of CNY 646,376.48, a 157% increase from CNY 251,791.78 in the previous year[8]