SONGZ(SZ:002454)2025-04-25 19:35Financial Performance - The company's revenue for Q1 2025 was ¥1,213,032,081.46, representing a 13.09% increase compared to ¥1,072,669,978.90 in the same period last year[5] - Net profit attributable to shareholders increased by 54.27% to ¥93,239,717.16 from ¥60,440,603.79 year-on-year[5] - Basic and diluted earnings per share rose by 50.00% to ¥0.15 from ¥0.10 in the same quarter last year[5] - The company reported a total comprehensive income of ¥103,849,980.02, compared to ¥69,816,379.52, an increase of 48.7%[18] - Net profit for the current period was ¥103,745,437.30, representing a 50.2% increase from ¥69,087,102.40 in the previous period[18] - The net profit attributable to the parent company was ¥93,239,717.16, compared to ¥60,440,603.79, marking a growth of 54.3%[18] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 32.15%, amounting to -¥265,564,271.30, compared to -¥200,961,606.69 in the previous year[5] - Operating cash flow for the period was -265,564,271.30 CNY, compared to -200,961,606.69 CNY in the previous period, indicating a decline in cash generation from operations[19] - Cash inflow from operating activities totaled 684,497,522.30 CNY, down from 730,744,208.18 CNY in the previous period, reflecting a decline in operational cash receipts[19] - Total cash outflow from operating activities was 950,061,793.60 CNY, compared to 931,705,814.87 CNY in the previous period, indicating an increase in operational cash expenditures[19] - The ending balance of cash and cash equivalents was 833,311,433.48 CNY, up from 472,049,059.96 CNY in the previous period, indicating an increase in liquidity[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,044,651,288.06, a decrease of 0.98% from ¥8,124,198,475.68 at the end of the previous year[5] - Total liabilities decreased to ¥3,512,147,379.57 from ¥3,695,810,274.34, a reduction of 5.0%[16] - Total current assets amounted to ¥5,923,593,963.83, down from ¥6,000,285,858.11, indicating a decrease of about 1.3%[14] - The company's cash and cash equivalents decreased to ¥1,109,008,033.63 from ¥1,559,457,742.66, representing a decline of approximately 29%[14] - The company's inventory decreased slightly to ¥907,723,499.12 from ¥922,861,872.54, a decline of about 1.6%[14] Shareholder Information - The company reported a total of 275,470,809 shares held by its largest shareholder, accounting for a significant portion of ownership[11] - The top ten shareholders collectively hold a total of 309,000,000 shares, indicating strong institutional support[11] - The company has no significant changes in shareholder relationships or actions reported during the period[11] - There are no preferred shareholders or other important matters reported for this quarter[12] Operating Performance - The company reported a 49.20% increase in operating profit, attributed to higher sales revenue and improved gross margin[7] - Total operating revenue for the current period reached ¥1,213,032,081.46, an increase of 13.1% compared to ¥1,072,669,978.90 in the previous period[17] - Total operating costs amounted to ¥1,125,307,057.50, up from ¥1,032,763,598.93, reflecting a growth of 8.9%[17] Investment and Expenses - The company's investment income from joint ventures and associates surged by 13,509.41% due to improved performance and profit growth in these entities[7] - Cash paid for fixed assets, intangible assets, and other long-term assets increased by 54.88% year-on-year, reflecting investments in new products and projects[8] - Research and development expenses were ¥57,713,795.58, down from ¥62,135,938.71, a decrease of 7.3%[17] - The company received tax refunds amounting to 5,727,053.53 CNY, significantly higher than 2,060,099.82 CNY in the previous period, reflecting improved tax recovery[19]