狮头股份(600539) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥116,812,722.75, representing an increase of 8.49% compared to ¥107,667,124.12 in the same period last year[4] - The net profit attributable to shareholders was ¥583,014.18, a significant recovery from a loss of ¥3,874,866.96 in the previous year[4] - Operating profit for Q1 2025 was CNY 2,411,388.04, recovering from a loss of CNY 1,517,216.71 in Q1 2024[17] - Net profit for Q1 2025 was CNY 2,269,334.31, compared to a net loss of CNY 2,899,873.34 in Q1 2024[17] - The weighted average return on equity improved to 0.1810%, up from -1.108% in the previous year, marking an increase of 1.289 percentage points[5] - The company recorded a basic and diluted earnings per share of CNY 0.0025 for Q1 2025, compared to a loss per share of CNY 0.0168 in Q1 2024[18] Cash Flow - The net cash flow from operating activities decreased by 22.84% to ¥20,519,642.16, down from ¥26,593,273.89 in the same period last year[4] - The company reported a net cash flow from operating activities of CNY 20,519,642.16 in Q1 2025, down from CNY 26,593,273.89 in Q1 2024[20] - Cash inflow from operating activities totaled CNY 120,197,260.58, while cash outflow was CNY 99,677,618.42, resulting in a net cash flow of CNY 20,519,642.16[20] - Net cash flow from investment activities was $27,915,125.96, a decrease from $33,468,113.59[21] - Cash inflow from financing activities totaled $22,540,938.08, compared to $20,000,000.00 in the previous period[21] - Net cash flow from financing activities improved to $8,534,508.17 from a negative $14,216,892.26[21] - The net increase in cash and cash equivalents was $57,009,449.79, up from $45,946,916.96[21] - Cash outflow from investment activities amounted to $43,209,231.22, down from $67,019,746.00[21] - Cash paid for debt repayment was $11,334,547.20, a decrease from $22,252,844.75[21] - Cash dividends and interest payments totaled $1,828,375.03, significantly lower than $11,073,111.01 previously[21] - The impact of exchange rate changes on cash and cash equivalents was $40,173.50, compared to $102,421.74[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥503,463,085.92, reflecting a 5.45% increase from ¥477,446,512.97 at the end of the previous year[5] - Total assets as of March 31, 2025, amounted to RMB 503,463,085.92, an increase from RMB 477,446,512.97 as of December 31, 2024, reflecting a growth of approximately 5.3%[12] - Current assets increased to RMB 413,322,589.88 from RMB 385,784,536.71, representing a growth of about 7.8%[12] - Total liabilities increased to CNY 123,192,788.46 in the latest reporting period, up from CNY 98,582,182.04[14] - The total equity attributable to shareholders was CNY 322,384,866.60, slightly up from CNY 321,801,852.42[14] Shareholder Information - The company reported a total of 17,108 common shareholders at the end of the reporting period[9] - The largest shareholder, Shanghai Yuanfu Enterprise Management Co., Ltd., holds 26.70% of the shares, totaling 61,412,700 shares[9] - The company has no significant changes in the shareholding structure due to margin trading or stock lending activities[10] Operational Changes - The company reported a significant increase in prepayments by 183.02%, primarily due to increased procurement[6] - The company's sales expenses rose by 53.25%, attributed to the addition of a new operational team[6] - The investment income decreased by 95.15%, mainly due to a decline in the scale and yield of financial products[6] - The company received government subsidies amounting to ¥52,847.47, which are closely related to its normal business operations[6] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[17] Cash and Cash Equivalents - Cash and cash equivalents rose to RMB 151,707,599.95 from RMB 100,028,150.32, marking a significant increase of approximately 51.5%[12] - Accounts receivable increased to RMB 50,326,142.16 from RMB 39,365,021.01, showing an increase of around 28.5%[12] - Inventory decreased to RMB 126,320,443.53 from RMB 153,238,395.18, indicating a decline of about 17.6%[12] - Short-term borrowings rose to RMB 42,294,621.85 from RMB 36,362,866.31, reflecting an increase of approximately 16.5%[13] - Accounts payable increased significantly to RMB 35,602,955.44 from RMB 19,277,522.53, representing an increase of about 84.9%[13] Accounting Standards - The company will not apply new accounting standards starting from 2025[21]