涪陵榨菜(002507) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥713,006,256.61, a decrease of 4.75% compared to ¥748,596,673.92 in the same period last year[9] - Net profit attributable to shareholders was ¥272,273,546.61, reflecting a slight increase of 0.24% from ¥271,629,099.47 year-on-year[9] - Total operating revenue for the current period is 713,006,256.61, a decrease of 4.7% from 748,596,673.92 in the previous period[22] - Net profit for the current period is 272,273,546.61, slightly up from 271,629,099.47 in the previous period, reflecting a growth of 0.2%[22] Cash Flow - The net cash flow from operating activities improved significantly to ¥19,735,508.17, a 158.20% increase from a negative cash flow of -¥33,908,288.57 in the previous year[9] - Cash inflow from operating activities totaled 740,661,625.66, compared to 757,444,051.60 in the previous period, indicating a decrease of 2.2%[24] - Cash outflow from operating activities was 720,926,117.49, down from 791,352,340.17 in the previous period, a reduction of 8.9%[24] - The net cash flow from investment activities was -¥79,471,109.54, a decline of 170.82% compared to the previous year, driven by increased investments in bank financial products[14] - The net cash flow from investment activities was -$79,471,109.54, a decline from the previous period's positive cash flow of $112,221,034.89[25] - The net increase in cash and cash equivalents was -$60,269,100.31, contrasting with an increase of $78,312,746.32 in the previous period[25] - The ending balance of cash and cash equivalents was $562,786,811.66, down from $1,327,107,886.46 at the end of the last period[25] Assets and Liabilities - Total assets increased by 3.16% to ¥9,690,332,104.32 from ¥9,393,687,019.23 at the end of the previous year[9] - Total current assets amount to 7,624,268,519.38 RMB, an increase from 7,359,568,226.73 RMB at the beginning of the period[19] - Non-current assets total 2,066,063,584.94 RMB, up from 2,034,118,792.50 RMB[19] - The total liabilities increased to 720,480,400.73 from 696,108,862.25, marking an increase of 3.7%[20] - Total equity attributable to shareholders rose to 8,969,851,703.59, up from 8,697,578,156.98, reflecting a growth of 3.1%[20] Inventory and Receivables - The company's inventory rose by 41.44% to ¥794,204,444.40, primarily due to an increase in raw material stock for pickled vegetables[13] - Accounts receivable surged by 872.30% to ¥79,641,523.05, attributed to increased credit limits extended to customers[13] - Inventory has increased to 794,204,444.40 RMB from 561,511,900.01 RMB, reflecting a growth of approximately 41.4%[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 102,032[16] - The largest shareholder, Chongqing Fuling State-owned Assets Investment Group, holds 35.26% of shares, totaling 406,897,920 shares[16] - The company has no preferred shareholders or significant changes in shareholder structure reported[18] Financial Expenses and R&D - The company reported a decrease in financial expenses by 32.85% to -¥21,471,645.83, mainly due to reduced interest income from bank deposits[13] - The company reported a financial expense of -21,471,645.83, an improvement compared to -31,974,875.21 in the previous period[22] - Research and development expenses were 1,774,783.31, down from 1,934,196.23, indicating a decrease of 8.2%[22] Future Plans and Developments - The company plans to continue expanding its market presence and enhancing its product offerings, focusing on the development of new technologies and products[9] - The company has not reported any new product developments or market expansion strategies in the current call[18] - There are no significant mergers or acquisitions mentioned in the latest financial report[18] Miscellaneous - The company did not undergo an audit for the first quarter report[26] - The company will implement new accounting standards starting from 2025[26] - The board meeting was held on April 26, 2025[28] - The company is Chongqing Fuling Zhacai Group Co., Ltd.[27]