卫信康(603676) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥295,809,077.01, a decrease of 6.93% compared to ¥317,837,248.06 in the same period last year[3]. - Net profit attributable to shareholders was ¥84,541,584.10, down 10.93% from ¥94,914,703.56 year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 31.10% to ¥74,348,646.47 from ¥56,710,261.61 in the previous year[3]. - The company reported a significant reduction in sales expenses, which were CNY 47,606,390.41 in Q1 2025, down from CNY 55,549,586.13 in Q1 2024, a decrease of 14.5%[18]. - R&D expenses for Q1 2025 amounted to ¥22,593,979, a decrease from ¥25,925,876 in Q1 2024, representing a reduction of approximately 12.5%[19]. - The company reported a total comprehensive income of ¥84,462,553 for Q1 2025, down from ¥94,943,374 in Q1 2024, a decrease of approximately 10.9%[20]. - Basic and diluted earnings per share for Q1 2025 were both ¥0.20, compared to ¥0.22 in Q1 2024, reflecting a decrease of about 9.1%[20]. Cash Flow and Assets - The net cash flow from operating activities decreased by 57.32% to ¥49,858,333.75, compared to ¥116,831,752.91 in the same period last year[3]. - Cash and cash equivalents as of March 31, 2025, were CNY 266,908,551.12, up from CNY 216,438,010.50 as of December 31, 2024[12]. - The cash and cash equivalents at the end of Q1 2025 were ¥266,908,551, down from ¥353,290,368 at the end of Q1 2024, a reduction of approximately 24.4%[25]. - Total current assets increased to CNY 1,365,467,204.82 as of March 31, 2025, compared to CNY 1,315,371,516.39 at the end of 2024, reflecting a growth of 3.8%[13]. - Total assets at the end of the reporting period were ¥1,898,404,039.40, an increase of 2.41% from ¥1,853,685,995.71 at the end of the previous year[4]. - Total assets reached CNY 1,898,404,039.40 as of March 31, 2025, compared to CNY 1,853,685,995.71 at the end of 2024, indicating an increase of 2.4%[15]. - Total liabilities decreased to CNY 428,499,279.10 as of March 31, 2025, down from CNY 468,243,788.84 at the end of 2024, a reduction of 8.5%[14]. - Shareholders' equity increased to CNY 1,469,904,760.30 as of March 31, 2025, compared to CNY 1,385,442,206.87 at the end of 2024, reflecting a growth of 6.1%[15]. Government Support and Non-Recurring Items - The company received government subsidies amounting to ¥10,284,362.89, which are closely related to its normal business operations[5]. - The company reported a significant increase in non-recurring profit attributable to shareholders, totaling ¥10,192,937.63 for the period[5]. - Other income increased significantly to ¥11,024,022 in Q1 2025 from ¥2,059,800 in Q1 2024, representing a growth of approximately 434.5%[19]. Shareholder Information - The company’s major shareholder, Tibet Weixin Kang Enterprise Management Co., Ltd., holds 47.17% of the shares[9]. Operational Insights - The company has not disclosed any new product developments or market expansion strategies in this report[2]. - Total operating costs for Q1 2025 were CNY 218,069,920.73, down 14.8% from CNY 256,009,406.33 in Q1 2024[18]. - Operating costs included CNY 118,788,405.38 in cost of goods sold, a decrease of 17.5% from CNY 143,932,007.71 in Q1 2024[18]. - Investment activities generated a net cash flow of ¥8,351,201 in Q1 2025, contrasting with a negative cash flow of ¥29,630,226 in Q1 2024[24].