Financial Performance - The company's revenue for Q1 2025 was CNY 470,438,899.99, representing a 1.50% increase compared to CNY 463,496,417.64 in the same period last year[4]. - Net profit attributable to shareholders decreased by 37.98% to CNY 21,444,523.89 from CNY 34,575,081.72 year-on-year[4]. - Basic and diluted earnings per share both decreased by 37.14% to CNY 0.22 from CNY 0.35 year-on-year[4]. - Total operating revenue for the current period reached ¥470,438,899.99, an increase of 1.99% compared to ¥463,496,417.64 in the previous period[20]. - Net profit for the current period was ¥21,319,277.02, a decrease of 38.1% from ¥34,479,319.51 in the previous period[21]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, showing a net inflow of CNY -6,616,051.24, a 91.52% increase compared to CNY -77,998,882.92 in the previous year[4]. - Cash and cash equivalents decreased by 123.97% to CNY -73,728,171.15, primarily due to the previous year's fundraising activities[9]. - The net increase in cash and cash equivalents was -$73,728,171.15, compared to an increase of $307,541,599.27 in the previous period[23]. - The ending balance of cash and cash equivalents was $401,750,803.85, down from $589,761,664.51 in the previous period[23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,296,368,906.58, down 1.09% from CNY 2,321,700,806.89 at the end of the previous year[4]. - Total liabilities decreased to ¥453,545,891.16 from ¥500,197,068.49, indicating a reduction of 9.31%[18]. - Total liabilities increased, with accounts payable decreasing to ¥193,351,710.74 from ¥250,952,840.57, a decrease of approximately 22.9%[17]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 16,430[11]. - The largest shareholder, Qiongqing City Chengzhi Enterprise Management Consulting Co., Ltd., holds 40.18% of shares, totaling 39,882,000 shares[11]. - The company has a repurchase account holding 2,102,700 shares, representing 2.12% of total share capital[13]. - The company has no preferred shareholders or significant changes in the top ten shareholders due to margin trading[12]. Expenses - Sales expenses rose by 38.12% to CNY 37,702,101.08, primarily due to increased online sales expenses from subsidiaries[8]. - Financial expenses increased by 109.00% to CNY 56,277.57, mainly due to a decrease in natural interest from banks[8]. - Total operating costs increased to ¥444,055,969.90, up 5.59% from ¥420,573,127.36 in the prior period[20]. - Research and development expenses were ¥4,712,175.09, slightly down from ¥4,935,664.33, indicating a decrease of 4.54%[21]. Government Support and Investments - The company received government subsidies amounting to CNY 515,897.78, which contributed to the financial results[5]. - The company received $589,999,978.36 from investment activities, primarily from minority shareholders[23]. Changes in Accounting and Auditing - The company did not undergo an audit for the first quarter report[24]. - The new accounting standards will be implemented starting in 2025, affecting the financial statements from the beginning of that year[24].
千味央厨(001215) - 2025 Q1 - 季度财报