新凤鸣(603225) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 14,557,270,380.82, representing a 0.73% increase compared to CNY 14,452,258,268.83 in the same period last year[4]. - Net profit attributable to shareholders was CNY 306,422,925.67, reflecting an 11.35% increase from CNY 275,181,070.96 year-over-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 260,343,059.67, up 13.13% from CNY 230,124,213.88 in the previous year[4]. - Basic earnings per share increased to CNY 0.21, a rise of 16.67% from CNY 0.18 in the same quarter last year[5]. - Total operating revenue for Q1 2025 reached ¥14,557,270,380.82, a slight increase from ¥14,452,258,268.83 in Q1 2024, representing a growth of approximately 0.73%[19]. - Net profit for Q1 2025 was ¥306,699,723.38, compared to ¥275,168,348.37 in Q1 2024, reflecting an increase of approximately 11.5%[20]. - Earnings per share for Q1 2025 were ¥0.21, up from ¥0.18 in Q1 2024, marking a growth of 16.67%[21]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 61,414,054,992.01, marking a 15.77% increase from CNY 53,046,230,676.50 at the end of the previous year[5]. - As of March 31, 2025, the total assets of the company reached RMB 61.41 billion, an increase from RMB 53.05 billion as of December 31, 2024, representing a growth of approximately 15.8%[14]. - The company's current assets amounted to RMB 24.20 billion, up from RMB 16.76 billion, indicating a growth of about 44.5%[14]. - The company's total liabilities increased to ¥43,828,808,148.04 in 2025 from ¥35,770,851,643.89 in 2024, representing a rise of approximately 22.5%[17]. - The company’s total liabilities increased, reflecting a strategic approach to leverage for growth opportunities[14]. Cash Flow - The net cash flow from operating activities was negative CNY 4,322,700,854.35, compared to negative CNY 1,712,220,723.63 in the same period last year[4]. - In Q1 2025, the cash inflow from operating activities was approximately ¥15.46 billion, a decrease of 6.04% compared to ¥16.46 billion in Q1 2024[23]. - The net cash outflow from operating activities in Q1 2025 was approximately -¥4.32 billion, worsening from -¥1.71 billion in Q1 2024[24]. - The total cash outflow from operating activities in Q1 2025 was approximately ¥19.79 billion, compared to ¥18.17 billion in Q1 2024, marking an increase of 8.89%[24]. - The cash received from tax refunds in Q1 2025 was approximately ¥259.36 million, down from ¥293.18 million in Q1 2024, a decrease of 11.52%[23]. - The cash paid to employees in Q1 2025 was approximately ¥593.05 million, an increase of 4.06% from ¥569.59 million in Q1 2024[24]. Investments and Financing - The company provided guarantees for credit facilities totaling up to RMB 20 billion for its subsidiary, indicating strategic financial support for expansion[12]. - The cash inflow from investment activities in Q1 2025 was approximately ¥219.50 million, compared to ¥79.56 million in Q1 2024, indicating an increase of 176.06%[24]. - The net cash outflow from investment activities in Q1 2025 was approximately -¥1.98 billion, compared to -¥1.51 billion in Q1 2024, reflecting a decline of 31.06%[24]. - The cash inflow from financing activities in Q1 2025 was approximately ¥19.17 billion, an increase of 11.06% from ¥17.23 billion in Q1 2024[24]. - The net cash inflow from financing activities in Q1 2025 was approximately ¥6.54 billion, up from ¥5.25 billion in Q1 2024, representing a growth of 24.51%[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,906[9]. - The largest shareholder, Zhuang Kuilong, holds 22.14% of the shares, with a total of 337,521,813 shares[9]. Research and Development - Research and development expenses for Q1 2025 were ¥232,911,403.43, down from ¥260,875,111.46 in Q1 2024, indicating a decrease of approximately 10.7%[19]. - The company reported a decrease in financial expenses to ¥100,433,196.22 in Q1 2025 from ¥164,887,918.82 in Q1 2024, a reduction of about 39%[19]. Strategic Focus - The company continues to focus on market expansion and new product development, although specific details were not disclosed in the provided data[22].