RAYNEN(SH:603933)2025-04-25 11:10Financial Performance - The company's operating revenue for Q1 2025 was CNY 532,822,997.91, representing a 23.29% increase compared to CNY 432,173,692.03 in the same period last year[6] - The net profit attributable to shareholders decreased by 27.40% to CNY 13,112,729.74 from CNY 18,060,603.59 year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 12,408,286.50, down 22.34% from CNY 15,977,449.41 in the previous year[6] - Basic earnings per share decreased by 27.36% to CNY 0.0632 from CNY 0.087 year-on-year[6] - Net profit for Q1 2025 was ¥13,413,981.57, a decrease of 25.1% from ¥17,925,136.66 in Q1 2024[17] - The net profit attributable to the parent company's shareholders for Q1 2025 was ¥13,112,729.74, a decrease of 27.1% from ¥18,060,603.59 in Q1 2024[18] - The total comprehensive income attributable to the parent company's owners for Q1 2025 was ¥12,554,661.65, down 31.6% from ¥18,390,497.95 in Q1 2024[18] - The basic and diluted earnings per share for Q1 2025 were both ¥0.0632, compared to ¥0.0870 in Q1 2024, reflecting a decline of 27.5%[18] Cash Flow - The net cash flow from operating activities was negative at CNY -29,397,316.15, a decline of 157.28% compared to CNY 51,321,852.77 in the same period last year[6] - Operating cash flow for Q1 2025 was negative at -¥29,397,316.15, compared to a positive cash flow of ¥51,321,852.77 in Q1 2024[21] - Cash inflow from operating activities in Q1 2025 was ¥438,130,496.76, an increase of 9.1% from ¥400,931,244.55 in Q1 2024[21] - Cash outflow from operating activities in Q1 2025 was ¥467,527,812.91, up 33.8% from ¥349,609,391.78 in Q1 2024[21] - The net cash flow from investing activities for Q1 2025 was -¥39,973,244.64, compared to -¥9,514,440.27 in Q1 2024, indicating increased investment outflows[22] - The net cash flow from financing activities for Q1 2025 was ¥7,365,621.51, a recovery from -¥6,742,138.32 in Q1 2024[22] - The ending cash and cash equivalents balance for Q1 2025 was ¥113,852,548.85, down from ¥159,287,395.85 in Q1 2024[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,394,575,580.21, an increase of 1.96% from CNY 2,348,465,029.98 at the end of the previous year[6] - The company's total assets as of March 31, 2025, amounted to ¥2,394,575,580.21, compared to ¥2,348,465,029.98 at the end of 2024[15] - Current assets totaled ¥1,646,405,439.83 as of March 31, 2025, slightly up from ¥1,634,167,387.48 at the end of 2024[14] - The company's total liabilities increased to ¥1,053,035,825.21 as of March 31, 2025, from ¥1,019,769,487.17 at the end of 2024[15] - Cash and cash equivalents decreased to ¥144,513,011.20 from ¥204,937,796.57 at the end of 2024, a decline of 29.5%[14] - Inventory as of March 31, 2025, was ¥580,807,446.87, a slight increase from ¥574,854,919.44 at the end of 2024[14] - Long-term equity investments rose to ¥40,436,671.14 from ¥39,285,708.90 at the end of 2024[14] Operating Costs and Expenses - Total operating costs for Q1 2025 were ¥505,453,930.46, up 24.0% from ¥407,584,057.12 in Q1 2024[17] - The company experienced a significant increase in procurement costs compared to the same period last year, impacting cash flow[7] - The company reported a decrease in operating profit to ¥12,492,449.34 in Q1 2025, down from ¥15,051,212.65 in Q1 2024[17] Non-Recurring Items - Non-recurring gains and losses for the period totaled CNY 704,443.24, with significant contributions from government subsidies and asset disposals[7] Shareholder Information - The total number of common shareholders at the end of the reporting period was 21,004[9] Accounting Standards - The company did not apply new accounting standards or interpretations starting from 2025[23]