GON(SZ:002768)2025-04-27 07:40Financial Performance - The company's revenue for Q1 2025 was ¥4,412,095,075.38, a decrease of 0.23% compared to ¥4,422,476,696.87 in the same period last year[5]. - Net profit attributable to shareholders was ¥111,050,160.99, down 9.79% from ¥123,108,552.29 year-on-year[5]. - The net profit excluding non-recurring gains and losses was ¥102,439,424.82, reflecting a decline of 16.78% compared to ¥123,092,034.96 in the previous year[5]. - Total operating revenue for the current period is CNY 4,412,095,075.38, a slight decrease of 0.23% compared to CNY 4,422,476,696.87 in the previous period[23]. - Net profit for the current period is CNY 113,725,169.20, down 17.0% from CNY 136,972,309.38 in the previous period[24]. - Earnings per share (EPS) for the current period is CNY 0.42, compared to CNY 0.45 in the previous period[25]. Cash Flow and Assets - Operating cash flow increased by 11.32% to ¥185,975,973.87 from ¥167,060,694.59 in the same period last year[5]. - Total cash inflow from investment activities is ¥941,572,747.68, significantly higher than ¥33,225,971.53 in the previous period[27]. - Net cash flow from financing activities is ¥434,965,470.21, up from ¥386,271,821.45 in the previous period, reflecting a growth of approximately 12.5%[27]. - The net increase in cash and cash equivalents for the current period is ¥537,471,820.55, compared to ¥517,638,650.36 in the previous period, indicating a growth of about 3.2%[27]. - The ending balance of cash and cash equivalents is ¥2,552,235,355.85, up from ¥2,262,430,044.04 in the previous period, representing an increase of approximately 12.8%[27]. - As of March 31, 2025, the company's total current assets reached RMB 11.62 billion, an increase from RMB 11.01 billion at the beginning of the period, reflecting a growth of approximately 5.54%[19]. - Total assets at the end of the reporting period were ¥18,971,169,046.25, up 3.38% from ¥18,351,446,492.55 at the end of the previous year[5]. Liabilities and Equity - Total liabilities rose to CNY 11,866,462,003.45, compared to CNY 11,319,117,568.76 in the previous period[21]. - The company’s total equity increased to CNY 7,104,707,042.80, up from CNY 7,032,328,923.79 in the previous period[21]. Expenses - Total operating costs increased to CNY 4,313,637,856.90, up 0.77% from CNY 4,303,784,754.56 in the previous period[23]. - Tax and additional charges increased by 48.82% year-on-year, mainly due to the consolidation of subsidiaries[13]. - Management expenses rose by 34.12% compared to the previous year, also attributed to the inclusion of subsidiaries[13]. - Financial expenses increased by 56.42% year-on-year, driven by increased loans and the consolidation of subsidiaries[13]. - Cash paid for taxes increased to ¥72,698,651.18 from ¥29,424,867.56, indicating a growth of about 147%[26]. Shareholder Information - The company has completed a share repurchase of 6,250,000 shares, accounting for 2.30% of the current total share capital, with a total transaction amount of approximately RMB 130.27 million[17]. - The company plans to use repurchased shares for employee stock ownership plans or equity incentives, with a repurchase budget between RMB 100 million and RMB 200 million[16]. - The maximum repurchase price was adjusted to RMB 23.82 per share after the 2023 dividend distribution[16]. - The company’s major shareholder, Wang Aiguo, holds 46.45% of the shares, making him the controlling shareholder[14]. - The top ten shareholders collectively hold significant stakes, with the largest being Qingdao Century Star Hao Investment Co., Ltd. at 18 million shares[14]. - The company has not disclosed any participation in margin financing or securities lending by the top ten shareholders[14]. Inventory and Receivables - Accounts receivable rose to RMB 2.79 billion from RMB 2.75 billion, indicating an increase of approximately 1.32%[19]. - Inventory levels increased to RMB 3.65 billion from RMB 3.38 billion, showing a growth of around 8.06%[19].