佛山照明(000541) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥2,145,097,615.85, a decrease of 14.78% compared to ¥2,517,243,351.93 in the same period last year[5] - Net profit attributable to shareholders was ¥64,757,120.39, down 22.65% from ¥83,714,220.74 year-on-year[5] - Basic earnings per share decreased to ¥0.0422, down 22.57% from ¥0.0545 in the same period last year[5] - Net profit for the current period was $87,293,286.06, down from $115,125,206.00, representing a decline of approximately 24.2%[23] Cash Flow - The net cash flow from operating activities was -¥114,950,715.22, a decline of 248.63% compared to ¥77,337,687.93 in the previous year[5] - Cash inflow from operating activities totaled 1,939,064,527.11 CNY, down 11.25% from 2,185,616,586.06 CNY in the previous period[24] - Cash outflow from operating activities was 2,054,015,242.33 CNY, a decrease of 2.58% compared to 2,108,278,898.13 CNY in the previous period[24] - The net cash flow from financing activities was -5,735,354.24 CNY, a significant decrease from 57,657,087.76 CNY in the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,939,495,805.90, a decrease of 1.28% from ¥17,159,763,456.64 at the end of the previous year[5] - The total liabilities decreased to $6,665,395,087.18 from $6,993,263,362.80, a reduction of about 4.7%[21] - The total current assets decreased from CNY 9,128,986,031.23 to CNY 8,883,306,654.67, reflecting a decline of approximately 2.68%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 107,419, with no preferred shareholders having restored voting rights[14] - The top 10 shareholders hold a combined 43.32% of the shares, with Hong Kong Huasheng Holdings holding 12.85% and Youchang Lighting Equipment holding 9.57%[14] - The company's total share capital decreased from 1,548,778,230 shares to 1,535,778,230 shares after the cancellation of 13 million A-shares[16] Operating Expenses - The company reported a significant increase in operating expenses, with operating expenses rising by 531.96% to ¥790,444.83, attributed to increased non-operating expenditures[11] - Total operating costs decreased to $2,056,892,022.73 from $2,386,645,489.59, reflecting a reduction of about 13.8%[22] Tax and Other Income - The company experienced a 48.92% decrease in taxes payable, amounting to ¥54,702,908.80, due to a reduction in corporate income tax[10] - Other comprehensive income after tax attributable to the parent company increased by 277.75% to ¥19,701,189.72, driven by changes in the fair value of other equity instruments[11] Cash and Equivalents - Cash and cash equivalents decreased from CNY 3,209,127,437.31 to CNY 2,706,415,406.44, a decline of about 15.63%[18] - The ending balance of cash and cash equivalents is 2,184,871,819.19 CNY, down from 2,395,569,121.85 CNY in the previous period[25] Research and Development - Research and development expenses were $127,440,599.80, slightly down from $130,242,811.21, indicating a focus on cost management[22] - The company has not disclosed any new product or technology developments in the recent reports[14] Market Activity - There is no indication of market expansion or mergers and acquisitions in the latest financial disclosures[14]