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君禾股份(603617) - 2025 Q1 - 季度财报
JunheJunhe(SH:603617)2025-04-24 13:10

Financial Performance - The company's operating revenue for Q1 2025 was ¥303,899,123.25, representing a 27.31% increase compared to ¥238,699,217.88 in the same period last year[5] - Net profit attributable to shareholders was ¥20,436,571.70, up 29.33% from ¥15,801,870.10 year-on-year[5] - Basic earnings per share rose to ¥0.05, reflecting a 25.00% increase from ¥0.04 in the same period last year[6] - Net profit for Q1 2025 was ¥20,406,481.02, up 29.5% from ¥15,801,870.10 in Q1 2024[21] - Operating costs for Q1 2025 totaled ¥286,584,460.84, representing a 28.9% increase compared to ¥222,416,479.26 in Q1 2024[19] - Total equity attributable to shareholders increased to ¥1,518,603,651.69 in Q1 2025, compared to ¥1,495,248,829.99 in Q1 2024, marking a growth of 1.5%[17] - Earnings per share for Q1 2025 was ¥0.05, up from ¥0.04 in Q1 2024, indicating a 25% increase[21] Cash Flow - The net cash flow from operating activities surged to ¥124,141,974.18, a significant increase of 1,027.50% compared to ¥11,010,349.18 in the previous year[5] - Cash inflow from operating activities in Q1 2025 was ¥459,544,787.85, significantly higher than ¥227,124,964.62 in Q1 2024[22] - The net cash flow from operating activities was $124,141,974.18, a significant increase from $11,010,349.18 in the previous period, indicating strong operational performance[23] - Total cash outflow from operating activities amounted to $335,402,813.67, compared to $216,114,615.44 previously, reflecting increased operational expenditures[23] - The net cash flow from investing activities was -$139,485,079.52, an improvement from -$171,255,605.31, suggesting better management of investment cash flows[23] - Cash inflow from financing activities totaled $351,153,847.44, down from $422,691,747.95, indicating a decrease in financing activities[23] - The net cash flow from financing activities was $54,594,346.58, compared to $28,433,636.29 previously, showing improved financing efficiency[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,382,598,888.93, a slight decrease of 0.47% from ¥2,393,850,645.06 at the end of the previous year[6] - The company's cash and cash equivalents were CNY 738,394,811.98, down from CNY 748,041,082.39 at the end of 2024, indicating a decrease of approximately 0.87%[14] - Accounts receivable decreased to CNY 244,880,947.73 from CNY 284,914,529.89, reflecting a decline of about 13.99%[14] - Inventory levels decreased to CNY 228,766,881.54 from CNY 291,894,361.66, representing a reduction of approximately 21.59%[15] - Total liabilities decreased to ¥860,178,817.65 in Q1 2025 from ¥895,255,304.80 in Q1 2024, a reduction of approximately 3.9%[17] - The total current liabilities increased to CNY 458,675,561.11 from CNY 443,860,501.41, indicating a rise of about 3.06%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,124[10] - The largest shareholder, Ningbo Junhe Holding Group Co., Ltd., held 31.66% of the shares, totaling 123,640,055 shares[11] - Shareholders' equity attributable to the parent company increased by 1.56% to ¥1,518,603,651.69 from ¥1,495,248,829.99[6] Research and Development - Research and development expenses increased to ¥6,518,555.59 in Q1 2025, up from ¥5,243,360.00 in Q1 2024, reflecting a 24.3% rise[19] Strategic Initiatives - The company plans to produce some products for export to the U.S. in Thailand, with mass production expected to start in November 2025[13] - The company has leased a factory in Thailand to mitigate the impact of U.S. tariffs on imports from China, with initial production already underway[13] - The company is closely monitoring changes in overseas tariff policies to minimize adverse impacts on performance[13] - Revenue from North America accounted for 26.23% of total revenue in 2024, highlighting the region's significance to the company's operations[13]