扬州金泉(603307) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was CNY 239,093,575.05, representing an increase of 8.85% compared to CNY 219,661,698.68 in the same period last year[4]. - Net profit attributable to shareholders decreased by 26.99% to CNY 30,729,510.06 from CNY 42,087,657.48 year-on-year[4]. - The net profit after deducting non-recurring gains and losses fell by 36.34% to CNY 27,232,685.04 compared to CNY 42,780,754.40 in the previous year[4]. - The basic earnings per share decreased by 28.57% to CNY 0.45 from CNY 0.63 in the same period last year[6]. - The company's net profit for Q1 2025 was CNY 35,339,895.17, a decrease of 24% compared to CNY 46,586,381.07 in Q1 2024[19]. - Operating profit for Q1 2025 was CNY 39,927,367.65, down from CNY 53,774,252.39 in the same period last year, reflecting a decline of approximately 26%[19]. - The company’s total comprehensive income for Q1 2025 was CNY 32,647,233.80, down from CNY 43,524,530.89 in Q1 2024, reflecting a decline of about 25%[20]. - Basic and diluted earnings per share for Q1 2025 were CNY 0.45, compared to CNY 0.63 in Q1 2024, representing a decrease of approximately 28.6%[20]. Cash Flow and Assets - The net cash flow from operating activities decreased by 13.63% to CNY 41,901,232.02 from CNY 48,514,050.77 in the same period last year[4]. - The company reported a cash flow from operating activities of CNY 41,901,232.02 in Q1 2025, down from CNY 48,514,050.77 in Q1 2024, a decrease of approximately 13.3%[23]. - Investment activities generated a net cash flow of CNY 5,376,517.31 in Q1 2025, a significant improvement compared to a net outflow of CNY -89,860,123.32 in Q1 2024[23]. - Cash and cash equivalents rose to RMB 307,908,801.16 as of March 31, 2025, from RMB 262,062,565.12 at the end of 2024[13]. - The cash and cash equivalents at the end of Q1 2025 amounted to CNY 306,831,517.43, compared to CNY 802,622,573.34 at the end of Q1 2024, indicating a decrease of about 61.8%[24]. Assets and Liabilities - Total assets at the end of the reporting period increased by 1.29% to CNY 1,774,878,347.22 from CNY 1,752,249,368.49 at the end of the previous year[6]. - Current assets as of March 31, 2025, totaled RMB 1,265,996,845.89, a slight increase from RMB 1,240,141,612.98 as of December 31, 2024[14]. - Total assets amounted to RMB 1,774,878,347.22 as of March 31, 2025, compared to RMB 1,752,249,368.49 at the end of 2024[16]. - Total liabilities decreased to RMB 273,521,068.82 as of March 31, 2025, down from RMB 286,911,743.08 at the end of 2024[15]. - The company’s total liabilities decreased from CNY 1,200,000,000 to CNY 1,150,000,000, indicating a reduction of about 4.2%[19]. - Shareholders' equity attributable to shareholders increased by 2.28% to CNY 1,410,703,098.19 from CNY 1,379,293,830.31 at the end of the previous year[6]. - Shareholders' equity increased to RMB 1,501,357,278.40 as of March 31, 2025, compared to RMB 1,465,337,625.41 at the end of 2024[16]. - The company reported a decrease in accounts payable to RMB 90,243,271.70 as of March 31, 2025, down from RMB 98,620,196.36 at the end of 2024[15]. Operating Costs and Competition - Total operating costs for Q1 2025 were RMB 207,727,135.08, up 23.7% from RMB 167,917,724.64 in Q1 2024[18]. - Operating costs included RMB 180,264,999.20 in cost of goods sold for Q1 2025, compared to RMB 152,364,925.80 in Q1 2024, reflecting a 18.3% increase[18]. - The decline in net profit was attributed to intensified competition in the outdoor market, which reduced the company's pricing power and increased operating expenses due to scale expansion[8]. Non-Recurring Gains and Losses - Non-recurring gains and losses amounted to CNY 3,496,825.02 after tax, with significant contributions from government subsidies and other financial activities[7]. - The company received CNY 11,524,164.30 in tax refunds during Q1 2025, an increase from CNY 9,612,733.82 in Q1 2024, reflecting a growth of approximately 19.9%[23].