嘉美包装(002969) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥602,470,557.81, a decrease of 17.10% compared to ¥726,781,340.66 in the same period last year[4] - Net profit attributable to shareholders was ¥12,572,942.03, down 73.80% from ¥47,985,293.07 year-on-year[4] - The net cash flow from operating activities decreased by 37.52% to ¥166,462,778.73 from ¥266,406,844.31 in the previous year[4] - Total operating revenue decreased to ¥602,470,557.81 from ¥726,781,340.66, representing a decline of approximately 17.1% year-over-year[21] - Net profit for the period was ¥12,572,942.03, down from ¥47,985,293.07, indicating a decline of approximately 73.8% year-over-year[23] - Basic and diluted earnings per share decreased to ¥0.0132 from ¥0.0500, reflecting a significant drop in profitability[23] - Cash received from sales of goods and services was ¥742,349,734.17, down from ¥807,796,111.63, a decrease of about 8.1% year-over-year[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,124,871,205.92, reflecting an 8.13% decrease from ¥4,489,680,655.19 at the end of the previous year[4] - Total liabilities decreased to ¥1,700,616,946.25 from ¥2,053,171,622.88, a reduction of approximately 17.2%[19] - Total equity decreased slightly to ¥2,424,254,259.67 from ¥2,436,509,032.31, a decrease of about 0.5%[19] - Long-term borrowings slightly decreased to ¥23,700,000.00 from ¥24,691,120.84, a decline of about 4.0%[19] - Current assets total RMB 1,375,144,657.99, down from RMB 1,726,002,496.27 at the beginning of the period[18] - Accounts receivable decreased to RMB 311,652,837.06 from RMB 516,360,273.54[18] - Inventory decreased to RMB 380,525,630.41 from RMB 418,219,066.47[18] - Short-term borrowings decreased to RMB 117,513,052.34 from RMB 221,385,793.42[18] Investment and Cash Flow - Investment activities resulted in a net cash outflow of ¥64,972,116.56, a 113.71% increase in outflow compared to the previous year[7] - The net cash flow from financing activities was -$180,042,720.21, compared to -$211,134,207.87 in the previous period, indicating a slight improvement[25] - The net increase in cash and cash equivalents was -$78,552,058.04, contrasting with an increase of $24,870,288.86 in the prior period[26] - The ending balance of cash and cash equivalents was $237,030,386.76, down from $99,903,881.25 in the previous period[26] - Cash paid to employees was $98,650,925.66, an increase from $86,425,840.20 in the previous period[25] - Cash paid for taxes was $86,502,035.59, up from $82,305,406.32 in the previous period[25] - Cash received from borrowings was $15,000,000.00, a decrease from $33,226,500.00 in the previous period[25] - Cash paid for dividends and interest was $2,490,415.38, significantly lower than $222,563,021.11 in the previous period[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 23,613[13] - The top 10 shareholders hold a combined 59.75% of the shares, with China Food Packaging Co., Ltd. holding 44.75%[13] - The company plans to repurchase shares with a total amount not less than RMB 75 million and not exceeding RMB 150 million, at a price not exceeding RMB 4.40 per share[14] - As of the reporting period, the company has repurchased a total of 7,081,000 shares, accounting for 0.74% of the total share capital, with a total transaction amount of RMB 23,604,349[15] Business Strategy and Market Position - The company has successfully developed a "full industry chain beverage service" platform, with new customers and markets generating sustainable incremental orders[8] - The core customer base has shown significant progress in cross-selling across various business segments, contributing to stable order volumes[9] - The company has reduced reliance on a single major customer, with the proportion of the largest customer decreasing significantly[11] - The company is focusing on expanding its product offerings in high-demand beverage categories, including plant-based and energy drinks, which are showing promising growth[9] - The company aims to continue its strategic goals while enhancing customer loyalty and collaboration with potential clients[11] Credit and Deferred Income - The company reported a credit impairment loss of ¥11,915,465.91, an increase from ¥10,288,064.39, indicating rising credit risk[22] - Deferred income increased to ¥49,253,848.79 from ¥41,218,266.22, reflecting a growth of approximately 19.6%[19]