Financial Performance - The company's revenue for Q1 2025 was ¥2,686,285,834.39, a slight decrease of 0.26% compared to ¥2,693,191,598.95 in the same period last year[5] - Net profit attributable to shareholders increased by 67.98% to ¥256,742,629.50 from ¥152,843,351.25 year-on-year[5] - The basic earnings per share rose by 65.45% to ¥0.91, compared to ¥0.55 in the previous year[5] - Net profit for the current period is ¥274,496,882.87, representing a 65.9% increase compared to ¥165,301,073.39 in the previous period[28] - The total comprehensive income attributable to the parent company was CNY 272,571,898.38, an increase from CNY 239,746,499.85 in the previous period, representing a growth of approximately 13.7%[29] - Basic and diluted earnings per share increased to CNY 0.91 from CNY 0.55, reflecting a growth of 65.5%[29] Assets and Liabilities - The total assets at the end of Q1 2025 were ¥15,726,974,706.53, reflecting a 2.82% increase from ¥15,295,821,126.53 at the end of the previous year[5] - Total current assets at the end of the reporting period amount to 11,658,461,226.08 CNY, an increase from 11,477,661,354.27 CNY at the beginning of the period[23] - Non-current liabilities rose to ¥660,683,694.25 from ¥477,215,419.81, marking an increase of 38.3%[25] - The company's total equity increased to ¥7,350,550,201.26 from ¥7,049,070,393.76, a growth of 4.3%[25] Cash Flow - The net cash flow from operating activities improved by 77.60%, reaching -¥66,760,267.05, compared to -¥297,983,503.10 in the same period last year[5][16] - Cash inflow from operating activities totaled CNY 2,995,811,993.37, compared to CNY 2,666,623,340.64 in the previous period, marking an increase of about 12.3%[30] - The net cash flow from operating activities was negative at CNY -66,760,267.05, an improvement from CNY -297,983,503.10 in the previous period[30] - Cash outflow from investing activities was CNY 237,911,408.81, compared to CNY 209,319,241.56 in the previous period, indicating an increase of approximately 13.7%[31] - Cash inflow from financing activities was CNY 1,027,634,410.10, down from CNY 1,406,622,528.15 in the previous period, a decrease of about 27%[31] - The ending balance of cash and cash equivalents was CNY 1,319,076,747.08, compared to CNY 982,128,040.57 in the previous period, representing a significant increase of about 34.3%[32] Shareholder Information - Total number of common shareholders at the end of the reporting period is 5,591[18] - The largest shareholder, Shandong Runyuan Investment Co., Ltd., holds 40.93% of shares, totaling 114,911,237 shares[18] - KONKIA INC is the second-largest shareholder with a 21.79% stake, amounting to 61,191,800 shares[18] - The total number of preferred shareholders at the end of the reporting period is 0[20] Expenses and Impairments - The company reported a significant increase in research and development expenses, rising to ¥41,478,564.79 from ¥36,086,891.09, an increase of 12.5%[27] - The company experienced a 494.51% increase in asset impairment losses, amounting to ¥2,108,700.92, mainly due to a reduction in inventory write-downs[14] - Financial expenses showed a dramatic change, with a decrease of 315.25% to -¥158,316,204.60, primarily due to a substantial increase in exchange gains[13] - The company recorded a financial expense of -¥158,316,204.60, a significant decrease from ¥73,548,551.51 in the previous period[27] Inventory and Receivables - Inventory at the end of the reporting period is 2,894,984,334.78 CNY, up from 2,417,727,613.29 CNY at the beginning[23] - The company has 5,293,789,769.25 CNY in accounts receivable, slightly down from 5,383,557,983.75 CNY[23] - The company has a total of 57,226,327.05 CNY in other receivables, an increase from 44,619,050.70 CNY[23] Other Information - The company received government subsidies that contributed to a 33.27% increase in deferred income, totaling ¥17,464,659.56[11] - The company has a total of 426,200 shares under lock-up due to executive restrictions[21] - The company did not report any significant new product developments or market expansions during this period[32] - The company reported a foreign currency translation difference of CNY 15,829,268.88, contributing to the overall comprehensive income[29]
润丰股份(301035) - 2025 Q1 - 季度财报