Financial Performance - The company's operating revenue for Q1 2025 was ¥1,022,652,321.52, representing a 10.90% increase compared to ¥922,099,478.12 in the same period last year[5]. - The net profit attributable to shareholders decreased by 13.52% to ¥71,015,443.72 from ¥82,114,060.83 year-on-year[5]. - Total operating revenue for the current period reached ¥1,022,652,321.52, an increase of 10.9% compared to ¥922,099,478.12 in the previous period[19]. - Net profit for the current period was ¥71,015,443.72, a decrease of 13.5% from ¥82,114,060.83 in the previous period[20]. - Basic earnings per share decreased to 0.1415 from 0.1637, representing a decline of 13.4%[20]. Cash Flow - The net cash flow from operating activities increased by 23.06% to ¥481,926,127.23, up from ¥391,603,929.02 in the previous year[5]. - Operating cash flow net amount increased to ¥481,926,127.23, compared to ¥391,603,929.02 in the last period, reflecting a growth of 23.1%[21]. - The company recorded a cash inflow from operating activities of ¥1,222,310,634.45, compared to ¥1,128,219,043.93 in the previous period[21]. - The ending balance of cash and cash equivalents was $965,611,094.26, up from $630,394,120.47, representing a 53% increase[22]. - The net increase in cash and cash equivalents was $115,661,566.61, compared to $127,313,826.25 previously, indicating a decline of approximately 9%[22]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,223,900,604.36, a decrease of 0.58% from ¥4,248,559,265.69 at the end of the previous year[5]. - The total current assets amount to 2,957,319,870.60 CNY, a slight decrease from 2,977,116,618.92 CNY at the beginning of the period[15]. - The total liabilities decreased to ¥532,419,185.56 from ¥628,032,201.97, indicating a reduction of approximately 15.2%[18]. - The total current liabilities decreased to 526,471,911.66 CNY from 618,190,968.41 CNY[16]. - The company has a total non-current asset value of 1,266,580,733.76 CNY, slightly down from 1,271,442,646.77 CNY[16]. Borrowings and Financing - The company reported a significant increase in short-term borrowings, which rose by 343.25% to ¥199,462,901.44 from ¥45,000,000.00[9]. - Short-term borrowings increased significantly to 199,462,901.44 CNY from 45,000,000.00 CNY[16]. - Cash flow from financing activities totaled $407,918,119.41, a decrease of 44% compared to $726,638,239.49 in the previous period[22]. - Net cash flow from financing activities was -$362,918,119.41, worsening from -$223,430,539.06 year-over-year[22]. Expenses - Management expenses decreased by 29.66% to ¥25,682,823.11 from ¥36,513,663.48, primarily due to reduced employee compensation[10]. - The company reported a decrease in management expenses to ¥25,682,823.11, down 29.8% from ¥36,513,663.48 in the previous period[20]. - Research and development expenses remained stable at ¥3,211,160.36, slightly down from ¥3,234,334.33 in the last period[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 36,918[13]. - Guangdong Yuehai Holding Group Co., Ltd. holds 51.52% of shares, totaling 258,478,227 shares[13]. Projects and Developments - The company is implementing a new 50,000 tons/year specialty malt production line project to enhance high-end malt production capacity[14]. - The company has completed the basic engineering construction for the new malt production line project[14]. Other Financial Metrics - The weighted average return on equity was 1.94%, down from 2.40% in the same period last year, reflecting a decrease of 0.46%[5]. - The company experienced a 90.45% improvement in net cash flow from investing activities, which was -¥3,720,373.88 compared to -¥38,969,810.83 in the previous year[11]. - The company reported a 3862.49% increase in fair value changes, with a gain of ¥2,391,090.61 compared to a loss of ¥63,550.68 in the previous year[10]. Audit Information - The company did not undergo an audit for the first quarter report[23].
永顺泰(001338) - 2025 Q1 - 季度财报