KFMI(SZ:300666)2025-04-24 11:00Financial Performance - The company's revenue for Q1 2025 reached ¥1,000,450,660.01, representing a 29.53% increase compared to ¥772,389,035.94 in the same period last year[5] - Net profit attributable to shareholders was ¥157,212,644.92, a significant increase of 163.58% from ¥59,646,089.58 year-on-year[5] - Basic earnings per share rose to ¥0.59, up 168.18% from ¥0.22 in the same period last year[5] - Total operating revenue for the current period reached ¥1,000,450,660.01, compared to ¥772,389,035.94 in the previous period, indicating a significant increase[24] - Net profit for the current period was ¥157,716,074.93, compared to ¥40,756,532.27 in the previous period, showing a substantial improvement in profitability[26] - Earnings per share (EPS) for the current period was ¥0.59, compared to ¥0.22 in the previous period, indicating enhanced shareholder value[26] Cash Flow - The net cash flow from operating activities improved to ¥60,468,587.05, a turnaround from a negative cash flow of ¥89,094,519.97 in the previous year, marking a 167.87% increase[5] - Operating cash inflow for the current period reached ¥928,997,863.34, an increase of 33.4% from ¥696,619,291.48 in the previous period[28] - Net cash flow from operating activities was ¥60,468,587.05, a significant recovery from a negative ¥89,094,519.97 in the previous period[28] - Net cash flow from financing activities was ¥465,433,200.49, up from ¥412,331,209.23 in the previous period, indicating strong financing support[29] - The company’s cash flow management shows a net increase of ¥333,067,313.88 in cash and cash equivalents during the period, contrasting with a decrease of ¥77,702,833.33 in the previous period[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,274,750,263.82, reflecting a 6.74% increase from ¥8,689,443,785.51 at the end of the previous year[5] - The company’s total liabilities increased significantly, with bank borrowings rising to ¥855,000,000.00, a 74.72% increase from ¥489,345,000.00[13] - Total liabilities rose to ¥4,660,230,151.13 from ¥4,261,584,067.24, reflecting an increase in the company's financial obligations[22] - The company's total equity increased to ¥4,614,520,112.69 from ¥4,427,859,718.27, showcasing improved financial health[22] Investment and Expenses - The company reported a significant increase in investment income, amounting to ¥68,067,372.40, compared to a loss of ¥996,182.05 in the previous year, representing a 6932.82% increase[11] - The company’s financial expenses surged to ¥13,950,118.65, a 623.25% increase from ¥1,928,811.54, primarily due to increased borrowing costs[11] - Total operating costs amounted to ¥837,229,442.39, up from ¥655,728,433.48 in the previous period, reflecting a rise in operational expenses[25] - Research and development expenses were ¥54,953,062.33, slightly down from ¥55,492,215.15, indicating a stable investment in innovation[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 40,798[15] - The largest shareholder, Yao Lijun, holds 21.39% of shares, totaling 56,765,724 shares, with 23,871,200 shares pledged[15] - The total number of preferred shareholders is reported as zero, indicating no preferred shares outstanding[17] Supply Chain and Market Strategy - The company emphasizes the importance of a self-controlled supply chain for raw materials, which is a key advantage for domestic substitution[17] - The company aims to strengthen partnerships with global enterprises and expand into new markets, leveraging ongoing technological innovations[17] - The company has achieved domestic procurement of raw materials, enhancing its supply chain stability[17] Inventory and Receivables - Accounts receivable slightly increased to ¥1,007,601,935.66 from ¥1,005,134,213.89, showing a marginal growth of 0.25%[19] - Inventory decreased to ¥1,443,146,100.41 from ¥1,450,613,954.01, reflecting a decline of about 0.5%[20] - The total non-current assets amount to ¥2,129,039,830.73, up from ¥2,006,304,725.43, indicating an increase of approximately 6.1%[20]