YANGYUAN(SH:603156)2025-04-25 09:20Financial Performance - The company's operating revenue for Q1 2025 was ¥1,859,678,084.65, a decrease of 19.70% compared to ¥2,315,937,248.05 in the same period last year[4] - Net profit attributable to shareholders was ¥642,073,888.63, down 26.95% from ¥878,948,803.33 year-on-year[4] - The net profit excluding non-recurring gains and losses was ¥555,748,394.46, representing a 21.33% decline from ¥706,474,751.47 in the previous year[4] - The basic earnings per share decreased by 26.65% to ¥0.5095 from ¥0.6946 in the same period last year[4] - The company's operating profit for Q1 2025 was CNY 802,362,769.11, down 25.6% from CNY 1,078,460,066.57 in Q1 2024[19] - The net profit for Q1 2025 was CNY 642,073,608.88, representing a decline of 27.0% from CNY 878,949,030.62 in Q1 2024[19] - The total comprehensive income for Q1 2025 is approximately ¥606.64 million, compared to ¥579.88 million in Q1 2024, reflecting a slight increase of 4.5%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,121,476,696.08, a decrease of 5.09% from ¥13,824,669,774.17 at the end of the previous year[5] - The total assets decreased to CNY 13,121,476,696.08 as of March 31, 2025, down from CNY 13,824,669,774.17 at the end of 2024[16] - The total liabilities decreased to CNY 2,497,964,589.87 as of March 31, 2025, compared to CNY 3,809,182,086.70 at the end of 2024[17] Cash Flow - The net cash flow from operating activities improved to -¥234,993,796.34, compared to -¥878,498,291.18 in the same period last year[4] - Cash flow from operating activities for Q1 2025 shows a net outflow of approximately ¥234.99 million, an improvement from a net outflow of ¥878.50 million in Q1 2024[24] - The company’s total cash outflow from operating activities in Q1 2025 is approximately ¥1.42 billion, down from ¥1.79 billion in Q1 2024, indicating improved cash management[24] - Cash inflow from investment activities in Q1 2025 is approximately ¥1.38 billion, significantly higher than ¥550.78 million in Q1 2024, marking an increase of 150%[24] - The net cash flow from investment activities for Q1 2025 is approximately ¥533.30 million, compared to a net outflow of ¥251.46 million in Q1 2024[25] - The company has reported a significant increase in cash received from the recovery of investments, totaling approximately ¥1.37 billion in Q1 2025, compared to ¥515.69 million in Q1 2024[24] - The company has raised approximately ¥300 million through borrowings in Q1 2025, compared to ¥323 million in Q1 2024, reflecting a slight decrease in financing activities[25] Shareholder Information - The company had a total of 18,092 common shareholders at the end of the reporting period[10] - The top shareholder, Yao Kuizhang, held 21.24% of the shares, with a total of 267,648,195 shares[10] Inventory and Costs - The company reported a significant decrease in inventory, which fell to CNY 398,506,646.13 as of March 31, 2025, from CNY 767,229,903.27 at the end of 2024[15] - The total operating costs for Q1 2025 were CNY 1,200,027,744.11, down 15.8% from CNY 1,425,081,362.82 in Q1 2024[19] Financial Ratios - The weighted average return on equity was 6.22%, down 1.53 percentage points from 7.75%[5] - The basic earnings per share for Q1 2025 is ¥0.5095, down from ¥0.6946 in Q1 2024, indicating a decline of 26.5%[20]