宁波华翔(002048) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 reached ¥6,260,866,964.75, representing a 10.00% increase compared to ¥5,684,201,612.42 in the same period last year[5] - Net profit attributable to shareholders was ¥255,938,603.39, up 13.93% from ¥223,411,656.95 year-on-year[5] - The net profit after deducting non-recurring gains and losses increased by 18.31% to ¥230,101,442.00 from ¥193,260,959.37 in the previous year[5] - Basic and diluted earnings per share were both ¥0.3144, reflecting a 13.95% increase from ¥0.2744 in the previous year[5] - Net profit for the current period was ¥329,932,559.19, representing a 7.7% increase from ¥306,437,475.95 in the previous period[19] - Earnings per share (EPS) increased to ¥0.3144 from ¥0.2759, marking a growth of 13.5%[20] Cash Flow - Operating cash flow net amount surged by 416.97% to ¥267,509,001.35, primarily due to increased customer payments[9] - Cash flow from operating activities generated a net amount of ¥267,509,001.35, significantly higher than ¥51,745,450.61 in the previous period[21] - The company's cash inflow from operating activities totaled ¥6,808,132,736.80, compared to ¥5,813,884,071.79 in the previous period, an increase of 17.1%[21] - The net cash flow from investing activities was -397,417,738.90, indicating a significant outflow compared to the previous period's inflow of 17,601,894.92[22] - Cash flow from financing activities resulted in a net outflow of -179,377,344.57, contrasting with a minor outflow of -1,774,934.67 in the prior period[22] - The cash balance at the beginning of the period was 2,691,940,646.37, which indicates a substantial decrease in liquidity by the end of the period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥28,514,888,073.47, a decrease of 2.20% from ¥29,156,019,017.55 at the end of the previous year[5] - The company's current assets totaled ¥15,029,462,790.59, down from ¥15,984,674,034.58, indicating a decline of approximately 6.0%[15] - The company's total liabilities were ¥15,118,698,033.68, down from ¥16,222,150,932.68, indicating a decrease of approximately 6.8%[16] - The company's short-term borrowings decreased to ¥731,854,964.47 from ¥908,947,074.23, a reduction of about 19.5%[16] - The total cash and cash equivalents at the end of the period decreased to 2,386,192,381.49 from 3,045,189,795.33, reflecting a decline of approximately 21.7%[22] Shareholder Information - Shareholders' equity attributable to shareholders increased by 3.35% to ¥11,878,796,764.14 from ¥11,494,184,548.44 at the end of the previous year[5] - The total number of ordinary shareholders at the end of the reporting period was 37,287[10] - The largest shareholder, Ningbo Fengmei Investment Co., Ltd., holds 24.54% of the shares, with 199,718,951 shares pledged[10] Non-Recurring Items - The company reported a non-recurring gain of ¥25,837,161.39, primarily from government subsidies and other income[6] - Other comprehensive income after tax for the current period was ¥134,990,004.02, a significant increase from ¥14,084,703.48 in the previous period[19] - The company reported investment income of ¥37,559,889.15, down from ¥47,838,032.87, reflecting a decrease of about 21%[19] Operational Highlights - Total operating revenue for the current period reached ¥6,260,866,964.75, an increase of 10% compared to ¥5,691,829,724.31 in the previous period[18] - Total operating costs amounted to ¥5,982,538,345.48, up from ¥5,424,312,356.68, reflecting a growth of approximately 10%[18] Strategic Decisions - The company approved a share repurchase plan, with a total of 798,000 shares repurchased, representing 0.0981% of the total share capital, at a total cost of ¥10,000,237[12] - The company plans to sell 100% equity of six European subsidiaries for €1, with adjustments based on cash, financial debt, and working capital at the time of transfer[13] Other Financial Metrics - The company experienced a foreign exchange impact on cash and cash equivalents of 3,537,817.24, which was a positive adjustment compared to the negative impact of -962,624.04 in the previous period[22] - The company made cash payments for the acquisition of subsidiaries and other business units totaling 37,500,000.00, contributing to the overall investment outflow[22] - The cash inflow from investment activities was 13,257,751.19, while cash outflow was significantly higher at 410,675,490.09, resulting in a net cash flow from investing activities of -397,417,738.90[22] Accounting Standards - The company has not yet adopted the new accounting standards as of the first quarter report, which remains unaudited[23]