福莱新材(605488) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 603,030,423.59, representing a 7.89% increase compared to CNY 558,914,352.30 in the same period last year[4]. - Net profit attributable to shareholders was CNY 34,881,861.17, an increase of 18.11% from CNY 29,532,583.71 year-on-year[4]. - The net profit excluding non-recurring gains and losses was CNY 31,000,564.88, reflecting a 19.67% increase from CNY 25,904,418.12 in the previous year[4]. - The basic earnings per share increased to CNY 0.18, up 5.88% from CNY 0.17 in the same quarter last year[4]. - The diluted earnings per share rose to CNY 0.18, marking a 12.50% increase from CNY 0.16 year-on-year[4]. - Total operating revenue for Q1 2025 reached ¥603,030,423.59, an increase of 7.9% compared to ¥558,914,352.30 in Q1 2024[19]. - Net profit for Q1 2025 was ¥34,749,336.35, compared to ¥30,280,061.87 in Q1 2024, representing an increase of 14.5%[20]. - Earnings per share for Q1 2025 were ¥0.18, up from ¥0.17 in Q1 2024[21]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,589,369,021.03, a 2.44% increase from CNY 3,503,743,764.90 at the end of the previous year[5]. - Total liabilities decreased to ¥1,965,142,791.51 in Q1 2025 from ¥2,001,748,413.23 in Q1 2024, a reduction of 1.8%[16]. - Total equity increased to ¥1,624,226,229.52 in Q1 2025 from ¥1,501,995,351.67 in Q1 2024, marking a growth of 8.1%[16]. - Shareholders' equity attributable to the parent company increased to CNY 1,549,158,386.74, reflecting an 8.72% increase from CNY 1,424,924,162.65 at the end of the previous year[5]. Cash Flow - The cash flow from operating activities improved significantly, with a net cash flow of -CNY 20,417,786.56 compared to -CNY 74,129,550.14 in the same period last year[4]. - Cash flow from operating activities in Q1 2025 was ¥581,362,282.80, compared to ¥561,416,128.98 in Q1 2024, indicating an increase of 3.6%[24]. - Net cash flow from operating activities was -$20.42 million, an improvement from -$74.13 million year-over-year[25]. - Cash received from tax refunds was $13.85 million, compared to $7.29 million last year[25]. - Cash received from other operating activities was $87.38 million, up from $64.61 million year-over-year[25]. - Cash paid to employees was $79.55 million, an increase from $72.95 million in the previous period[25]. - Cash paid for taxes was $12.05 million, down from $17.98 million last year[25]. Current Assets and Investments - The company's current assets totaled RMB 1,466,904,244.87 as of March 31, 2025, slightly up from RMB 1,460,622,927.46 at the end of 2024, indicating a marginal increase of 0.16%[14]. - Cash and cash equivalents decreased to RMB 272,248,919.60 from RMB 335,008,235.62, representing a decline of about 18.7%[13]. - Accounts receivable stood at RMB 475,046,463.60, down from RMB 518,022,423.59, showing a decrease of approximately 8.3%[14]. - Inventory increased significantly to RMB 325,015,713.56 from RMB 255,965,624.72, marking an increase of around 27%[14]. - Long-term equity investments rose to RMB 10,252,325.49 from RMB 10,138,231.48, reflecting a growth of about 1.12%[14]. - The company reported a notable increase in other equity instrument investments, which grew to RMB 5,300,000.00 from RMB 3,300,000.00, a rise of 60.61%[14]. - The total non-current assets reached RMB 2,122,464,776.16, up from RMB 2,043,120,837.44, indicating an increase of approximately 3.89%[14]. Shareholder and Market Updates - The total number of ordinary shareholders at the end of the reporting period was 24,462[9]. - The company has not disclosed any significant changes in shareholder relationships or actions that would affect the stockholder structure[11]. - There were no significant updates regarding new product developments or market expansion strategies during the reporting period[12]. Expenses - Total operating costs for Q1 2025 were ¥578,000,887.35, up from ¥536,412,645.87 in Q1 2024, reflecting a rise of 7.7%[19]. - Research and development expenses for Q1 2025 were ¥22,306,995.71, slightly down from ¥24,080,606.31 in Q1 2024, a decrease of 7.4%[20]. - Financial expenses rose to ¥4,544,579.95 in Q1 2025 from ¥2,834,887.41 in Q1 2024, an increase of 60.4%[20].