南侨食品(605339) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 789,488,393.23, representing a year-on-year increase of 1.90% compared to CNY 774,757,134.09 in the same period last year[3]. - The net profit attributable to shareholders decreased by 62.21% to CNY 28,963,133.42 from CNY 76,632,573.83 in the previous year[3]. - Basic and diluted earnings per share dropped by 61.11% to CNY 0.07 from CNY 0.18 in the previous year[3]. - The net profit for Q1 2025 was CNY 28,963,133.42, a decrease of 62.2% compared to CNY 76,659,991.92 in Q1 2024[18]. - Operating profit for Q1 2025 was CNY 35,790,813.56, down 61.6% from CNY 93,027,639.80 in the same period last year[18]. - The total comprehensive income for Q1 2025 was CNY 28,987,306.95, down from CNY 75,341,963.05 in Q1 2024[19]. Cash Flow and Liquidity - The net cash flow from operating activities fell significantly by 88.75%, amounting to CNY 14,777,056.13 compared to CNY 131,361,318.94 in the same period last year[3]. - Cash flow from operating activities for Q1 2025 was CNY 14,777,056.13, a significant decline of 88.8% compared to CNY 131,361,318.94 in Q1 2024[22]. - The company experienced a net cash outflow of CNY 37,582,406.91 in Q1 2025, contrasting with a net increase of CNY 67,871,405.72 in Q1 2024[23]. - The total cash and cash equivalents at the end of Q1 2025 were CNY 1,036,416,602.41, down from CNY 1,730,989,625.74 at the end of Q1 2024[23]. Operating Costs and Expenses - Total operating costs for Q1 2025 were RMB 757.64 million, up from RMB 685.75 million in Q1 2024, indicating an increase of about 10.5%[17]. - Operating costs specifically rose to RMB 624.91 million in Q1 2025, compared to RMB 565.56 million in Q1 2024, reflecting a growth of approximately 10.5%[17]. - Research and development expenses increased to RMB 24.87 million in Q1 2025, compared to RMB 19.30 million in Q1 2024, marking a rise of about 28.8%[17]. - The decline in net profit was primarily attributed to rising raw material procurement costs, which increased operating costs compared to the previous year[8]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,139,087,345.83, a decrease of 3.89% from CNY 4,306,588,663.01 at the end of the previous year[4]. - Total assets amounted to RMB 4.14 billion as of March 31, 2025, compared to RMB 4.31 billion as of December 31, 2024, reflecting a decrease of about 3.9%[16]. - Total liabilities decreased to RMB 658.53 million as of March 31, 2025, from RMB 855.02 million as of December 31, 2024, a decline of approximately 22.9%[15]. - Total equity increased to RMB 3.48 billion as of March 31, 2025, compared to RMB 3.45 billion as of December 31, 2024, representing a growth of about 0.8%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,619[9]. - The largest shareholder, NAMCHOW (CAYMAN ISLANDS) HOLDING CORP., held 346,015,384 shares, accounting for 81.55% of the total shares[10].