品渥食品(300892) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥176,511,908.71, a decrease of 15.10% compared to ¥207,897,567.00 in the same period last year[5] - Net profit attributable to shareholders was ¥5,904,365.00, representing a significant increase of 231.40% from a loss of ¥4,493,570.16 in the previous year[5] - Basic earnings per share increased to ¥0.06, up 250.00% from -¥0.04 in the previous year[5] - Net profit for the period was ¥5,904,365.00, compared to a net loss of ¥4,493,570.16 in the previous period, marking a significant turnaround[20] - The company reported a profit before tax of ¥8,146,925.66, compared to a loss before tax of ¥5,073,271.50 in the previous period[20] - The company recorded a total comprehensive income of ¥6,287,380.40, compared to a total comprehensive loss of ¥5,896,066.50 in the previous period[20] Cash Flow and Liquidity - The net cash flow from operating activities was -¥28,442,342.37, a decline of 161.54% compared to ¥46,219,229.42 in the same period last year[5] - Operating cash flow turned negative at -¥28,442,342.37, compared to a positive cash flow of ¥46,219,229.42 in the prior year[22] - Cash and cash equivalents decreased from CNY 368,405,846.10 to CNY 314,510,890.06, a decline of approximately 14.6%[16] - Cash and cash equivalents at the end of the period decreased to ¥240,298,709.03 from ¥285,921,548.83, a decline of approximately 16%[23] - Investment activities resulted in a net cash outflow of -¥23,607,052.29, compared to -¥10,419,498.23 in the prior year[22] - Financing activities generated a net cash outflow of -¥3,174,971.03, compared to -¥13,744,189.52 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,275,410,103.65, a decrease of 3.50% from ¥1,321,694,918.20 at the end of the previous year[5] - The company's total current assets decreased to CNY 772,104,241.88 from CNY 824,074,234.71, representing a reduction of about 6.3%[16] - The company's total liabilities decreased from CNY 274,053,998.57 to CNY 221,481,803.62, a reduction of about 19.1%[17] - Accounts payable decreased significantly from CNY 169,600,357.67 to CNY 130,701,114.47, a decline of about 23%[17] - The company reported a decrease in inventory from CNY 200,946,183.92 to CNY 194,238,452.78, a reduction of approximately 3.5%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,381, with the largest shareholder holding 45.00% of the shares[12] - The company has a share repurchase account holding 996,252 shares, representing 1% of total shares as of March 31, 2025[14] Expenses - Sales expenses decreased by 48.93% to ¥22,013,442.92 from ¥43,103,654.39 in the previous year, primarily due to the allocation of customs agency fees to procurement costs[10] - Research and development expenses decreased by 34.21% to ¥160,891.10 from ¥244,551.86 in the previous year, indicating reduced investment in R&D[10] - The company reported a significant increase in income tax expenses to ¥2,242,560.66, up 486.85% from a tax benefit of -¥579,701.34 in the previous year, reflecting improved profitability[10] Equity - The company's equity attributable to shareholders increased by 0.60% to ¥1,053,928,300.03 from ¥1,047,640,919.63 at the end of the previous year[5] - The total equity attributable to the owners of the parent company increased to CNY 1,053,928,300.03 from CNY 1,047,640,919.63, reflecting a growth of approximately 0.6%[18] - The company’s retained earnings increased from CNY 339,568,720.52 to CNY 345,473,085.52, an increase of approximately 1.3%[18] Operating Costs - Total operating costs decreased to ¥169,558,519.95 from ¥216,890,881.15, a reduction of about 22% year-over-year[19]