四会富仕(300852) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was CNY 406,243,329.56, representing a 26.23% increase compared to CNY 321,831,571.63 in the same period last year[5] - Net profit attributable to shareholders decreased by 38.08% to CNY 28,692,637.44 from CNY 46,338,300.32 year-on-year[5] - Basic and diluted earnings per share dropped by 55.73% to CNY 0.2014 from CNY 0.4549 in the same period last year[5] - The company's net profit for the current period is 28,710,774.90 yuan, a decrease of 38.1% compared to 46,338,788.70 yuan in the previous period[22] - Total operating income for the current period is 36,512,832.90 yuan, down from 53,855,482.12 yuan, reflecting a decline of 32.3%[22] - The company reported a total comprehensive income of 28,550,734.67 yuan, down from 41,545,338.32 yuan, representing a decline of 31.2%[22] Cash Flow and Investments - The net cash flow from operating activities fell by 65.03% to CNY 21,531,789.03, down from CNY 61,575,685.84 in the previous year[5] - The company received cash from operating activities totaling 348,622,825.55 yuan, slightly up from 346,766,064.96 yuan, indicating a marginal increase of 0.5%[24] - The cash outflow from investing activities was 506,509,217.25 yuan, down from 674,027,377.64 yuan, reflecting a decrease of 25.0%[24] - The net cash flow from investing activities was 20,247,109.34 yuan, a significant improvement from -12,493,382.03 yuan in the previous period[24] - The company experienced a foreign exchange impact on cash and cash equivalents of 1,897,727.51 yuan, compared to -4,677,585.95 yuan in the previous period, indicating a positive change[25] Operating Costs and Expenses - The company's operating costs rose by 39.04% to CNY 328,278,391.60, primarily due to rising raw material prices and increased fixed costs from the Thai subsidiary[9] - Sales expenses increased by 46.77% to CNY 10,916,773.99, attributed to higher business development costs and personnel expenses[9] - Total operating costs amounted to ¥371,753,424.14, up 37.2% from ¥270,951,427.02 in the prior period[21] - Research and development expenses for the current period were ¥16,074,107.44, representing a 19.9% increase from ¥13,421,681.00 in the previous period[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,386[11] - The largest shareholder, Si Hui Ming Cheng Trading Co., Ltd., holds 39.55% of the shares, totaling 56,346,192 shares[11] - Major shareholders Liu Tianming and Wen Yifeng each hold approximately 2.60% of the company's shares, with Liu holding 2,782,434 shares and Wen holding 2,782,420 shares[12] - The top ten unrestricted shareholders collectively hold 56,346,192 shares, representing a significant portion of the company's equity[12] - The company has established an action agreement among major shareholders to maintain stable control until July 13, 2025[12] Capital Increase Plans - The company plans to increase its investment in Yipin Circuit by RMB 200 million through its wholly-owned subsidiary in Singapore, ELECBRIGHT SOLUTIONS PTE.LTD[15] - After the capital increase, Yipin Circuit will remain a wholly-owned subsidiary of the company, with a shareholding structure of 70.715% directly held by the company and 28.571% held through the Singapore subsidiary[15] - The funding for the capital increase will come from the company's own funds and self-raised funds, and it has obtained the necessary investment certificates from the Guangdong Provincial Department of Commerce[16] - The company does not anticipate any significant adverse effects on its financial and operational status from the capital increase[16] - The company has confirmed that the capital increase does not constitute a related party transaction or a major asset restructuring[16] - The company is focused on strategic layout and operational funding needs through this capital increase[16] Asset and Liability Overview - Total assets increased by 0.80% to CNY 2,647,409,128.80 compared to CNY 2,626,515,114.01 at the end of the previous year[5] - Total liabilities decreased to ¥1,009,905,154.70, down 0.7% from ¥1,017,582,685.16[19] - The company's equity attributable to shareholders rose to ¥1,637,493,899.77, an increase of 1.5% from ¥1,608,940,491.98[20] - Cash and cash equivalents at the end of the period were ¥626,371,312.04, up 7.5% from ¥582,834,537.38 at the beginning of the period[18] - Cash and cash equivalents at the end of the period increased to 624,281,400.86 yuan from 371,629,507.99 yuan, an increase of 78.0%[25] - The company reported a significant increase in accounts receivable, which rose to ¥356,669,682.30, up 10.1% from ¥323,985,309.04[18]