Yongfu(SZ:300712)2025-04-27 11:45Financial Performance - The company's operating revenue for Q1 2025 was ¥425,090,257.42, a decrease of 1.83% compared to ¥432,997,383.95 in the same period last year[5] - Net profit attributable to shareholders increased by 4.79% to ¥19,112,612.24 from ¥18,238,742.78 year-on-year[5] - The net profit after deducting non-recurring gains and losses rose by 15.52% to ¥18,657,172.95 compared to ¥16,150,428.13 in the previous year[5] - The total revenue for the current period was RMB 425,090,257.42, down from RMB 432,997,383.95 in the previous period, representing a decrease of approximately 1.9%[30] - The total operating costs for the current period were RMB 421,135,234.84, slightly lower than RMB 424,414,046.13 in the previous period, indicating a decrease of about 0.6%[30] - The net profit for the current period was RMB 12,407,756.74, compared to RMB 11,113,173.23 in the previous period, reflecting an increase of approximately 11.6%[31] - The total comprehensive income for the period was CNY 11,910,732.68, compared to CNY 10,423,196.81 in the previous period, representing an increase of approximately 14.3%[33] Cash Flow - The net cash flow from operating activities was negative at -¥249,512,866.66, a decline of 97.99% from -¥126,024,328.78 in the same period last year[5] - Cash flow from operating activities increased by 34.19% to ¥486,367,239.18, driven by improved accounts receivable management[14] - Cash inflow from operating activities totaled CNY 486,367,239.18, up from CNY 362,442,408.31, reflecting a growth of about 34.3%[35] - Cash outflow from operating activities increased to CNY 735,880,105.84 from CNY 488,466,737.09, marking a rise of approximately 50.7%[37] - The net cash flow from financing activities was CNY 187,317,351.52, a significant improvement compared to CNY -136,866,218.70 in the previous period[37] - The company reported a total cash inflow from financing activities of CNY 366,720,624.20, compared to CNY 156,859,129.20 in the previous period, representing an increase of approximately 133.4%[37] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,301,130,913.53, down 2.33% from ¥4,403,714,482.53 at the end of the previous year[5] - The company's total liabilities decreased to RMB 2,993,856,049.97 from RMB 3,080,543,023.00, a reduction of about 2.8%[28] - The company's cash and cash equivalents decreased to RMB 361,258,873.37 from RMB 459,101,296.12, a decline of about 21.3%[25] - Cash and cash equivalents at the end of the period were CNY 229,771,126.28, down from CNY 281,730,013.56, indicating a decrease of about 18.4%[37] - The company's short-term borrowings increased to RMB 1,002,987,166.61 from RMB 802,821,699.85, an increase of approximately 24.9%[26] - The company's retained earnings increased to RMB 468,360,965.21 from RMB 449,248,352.97, an increase of approximately 4.9%[28] Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,801[17] - The largest shareholder, Fuzhou Bohong Investment Management Co., Ltd., holds 24.63% of shares, totaling 46,185,486 shares, with 14,785,000 shares pledged[17] - Fuzhou Yongfu Hengcheng Investment Management Co., Ltd. holds 18.86% of shares, totaling 35,378,453 shares, with 14,460,000 shares pledged[17] - The top 10 shareholders collectively hold significant stakes, with the top three shareholders accounting for over 68% of the total shares[17] Share Repurchase Plan - The company plans to repurchase shares using its own funds, with a total amount not less than RMB 50 million and not exceeding RMB 100 million[23] - The maximum repurchase price is set at RMB 34.59 per share, which will be adjusted to RMB 34.49 after the annual equity distribution[23] - The repurchase period is set for 12 months from the date of shareholder approval[23] - The company has signed a stock repurchase loan contract with CITIC Bank, Fuzhou Branch, to support the repurchase plan[23] - The report indicates that the company has a share buyback account holding 3,488,649 shares, representing 1.86% of total shares[19] - The company repurchased a total of 3,488,649 shares, accounting for 1.8602% of the current total share capital, with a total transaction amount of RMB 83,300,406.24[24] Investment Income - The company reported an investment income of RMB 5,091,284.94, compared to a loss of RMB 697,282.76 in the previous period, indicating a significant turnaround[31] Earnings Per Share - The basic earnings per share (EPS) increased to CNY 0.1036 from CNY 0.0972, showing a growth of about 4.9%[33] - The diluted earnings per share (EPS) also rose to CNY 0.1019 from CNY 0.0972, reflecting an increase of approximately 4.8%[33] Foreign Exchange Impact - The company experienced a foreign exchange loss of CNY -186,153.16, compared to a gain of CNY 47,785.18 in the previous period[37]