润本股份(603193) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 240,031,623.59, representing a 44.00% increase compared to CNY 166,683,251.48 in the same period last year[4]. - Net profit attributable to shareholders was CNY 44,197,373.22, up 24.60% from CNY 35,472,246.48 year-on-year[4]. - The basic earnings per share increased to CNY 0.11, reflecting a growth of 22.22% compared to CNY 0.09 in the previous year[4]. - Operating profit for the first quarter of 2025 reached CNY 50,473,859.26, up from CNY 35,024,485.64 in the same period last year, reflecting a growth of 44.3%[20]. - The company reported a total profit of CNY 50,399,869.74 for the first quarter of 2025, compared to CNY 40,041,949.75 in the first quarter of 2024, representing an increase of 25.5%[20]. - Total revenue from sales of goods and services in the first quarter of 2025 was CNY 253,225,409.69, compared to CNY 174,900,831.91 in the first quarter of 2024, marking an increase of 44.6%[22]. Cash Flow and Expenses - The net cash flow from operating activities improved to -CNY 14,999,804.39, compared to -CNY 28,319,378.91 in the same period last year[4]. - The cash flow from operating activities for the first quarter of 2025 was a net outflow of CNY -14,999,804.39, an improvement from CNY -28,319,378.91 in the first quarter of 2024[23]. - Investment activities resulted in a net cash outflow of CNY -28,833,237.08 in the first quarter of 2025, compared to CNY -150,386,039.73 in the same period last year, indicating a significant reduction in cash outflow[23]. - The company incurred sales expenses of CNY 75,492,319.13 in the first quarter of 2025, which is an increase of 50.1% compared to CNY 50,251,470.27 in the first quarter of 2024[20]. - Research and development expenses for the first quarter of 2025 were CNY 7,690,859.31, up from CNY 6,882,342.91 in the same period last year, reflecting a growth of 11.7%[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,301,566,119.19, a 3.71% increase from CNY 2,219,337,493.41 at the end of the previous year[5]. - The total current assets as of March 31, 2025, amounted to RMB 1,663,502,833.92, an increase from RMB 1,594,831,016.45 at the end of 2024[14]. - The total liabilities as of March 31, 2025, were RMB 176,915,043.42, an increase from RMB 138,883,790.86 at the end of 2024[16]. - The total non-current assets as of March 31, 2025, were RMB 638,063,285.27, compared to RMB 624,506,476.96 at the end of 2024[15]. - The company's equity attributable to shareholders as of March 31, 2025, was RMB 2,124,651,075.77, up from RMB 2,080,453,702.55 at the end of 2024, showing an increase of 2.1%[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 10,364[9]. - The largest shareholder, Guangzhou Zhuofan Investment Holdings Co., Ltd., held 44.5% of the shares, totaling 180,387,000 shares[9]. Revenue Drivers - The increase in revenue was primarily driven by growth in online sales channels, particularly through Douyin, and non-platform sales channels[8]. - The total operating costs for the first quarter of 2025 were RMB 195,094,181.98, up 49.8% from RMB 130,256,736.28 in the same period last year[18]. - The operating cost specifically for the first quarter of 2025 was RMB 101,599,521.25, which represents an increase of 37.5% from RMB 73,849,098.24 in the first quarter of 2024[18]. Accounts Receivable - The company reported a significant increase in accounts receivable, which rose to RMB 21,439,712.40 as of March 31, 2025, compared to RMB 13,592,744.31 at the end of 2024, marking an increase of 57.5%[14]. Non-Recurring Gains - The company reported non-recurring gains of CNY 5,580,859.91 for the period, after accounting for tax effects[7]. Return on Equity - The weighted average return on equity rose to 2.10%, an increase of 0.27 percentage points from 1.83%[5]. Cash and Cash Equivalents - The cash and cash equivalents decreased to RMB 62,376,401.76 as of March 31, 2025, from RMB 106,589,293.81 at the end of 2024, indicating a decline of 41.5%[13]. - Total cash and cash equivalents at the end of the first quarter of 2025 were CNY 62,376,401.76, down from CNY 104,739,996.73 at the end of the first quarter of 2024[24].