Financial Performance - The company's operating revenue for Q1 2025 was CNY 371,994,794.91, representing a 9.92% increase compared to CNY 338,414,837.63 in the same period last year[5] - Net profit attributable to shareholders for Q1 2025 was CNY 72,186,379.22, up 14.45% from CNY 63,072,180.32 year-on-year[5] - The company's net profit for Q1 2025 is not explicitly stated but can be inferred from the operating revenue and costs, indicating a positive performance trend[15] - The net profit for Q1 2025 was CNY 71,995,983.55, an increase of 14.5% compared to CNY 63,072,180.32 in Q1 2024[16] - Operating profit for Q1 2025 reached CNY 86,233,546.68, up from CNY 77,056,156.50 in the same period last year, reflecting a growth of 15.1%[16] - Total comprehensive income for Q1 2025 was CNY 69,997,319.73, compared to CNY 63,062,616.07 in Q1 2024, reflecting a growth of 11.5%[16] Cash Flow and Investments - The net cash flow from operating activities increased by 67.73% to CNY 135,054,997.36, driven by revenue growth and increased tax refunds[7] - Cash flow from operating activities for Q1 2025 was CNY 135,054,997.36, compared to CNY 80,518,013.73 in Q1 2024, indicating a significant increase of 67.6%[18] - The net cash flow from investing activities for Q1 2025 was -CNY 204,653,992.02, compared to -CNY 61,611,463.71 in Q1 2024, indicating increased investment outflows[20] - The company raised CNY 166,500,000.00 in borrowings during Q1 2025, compared to CNY 80,216,000.00 in Q1 2024, showing a significant increase in financing activities[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,718,553,109.50, a 4.63% increase from CNY 2,598,365,536.64 at the end of the previous year[5] - The total assets of the company as of March 31, 2025, were CNY 2,718,553,109.50, compared to CNY 2,598,365,536.64 at the end of 2024, representing an increase of 4.6%[14] - The total liabilities increased to CNY 640,414,618.22 as of March 31, 2025, from CNY 597,547,628.80 at the end of 2024, marking a rise of 7.2%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,209[9] - The top shareholder, Ji Wenhu, holds 20.51% of the shares, totaling 20,965,811 shares[9] Operational Highlights - The company is expanding its operations with a new factory in Thailand, which began exporting to the U.S. in early April 2025[11] - The company faces a 5.99% tariff on exports to the U.S. as a result of recent trade policies, which may impact future sales[11] Other Financial Metrics - The basic earnings per share decreased by 13.41% to CNY 0.71, down from CNY 0.82 in the previous year[5] - Basic and diluted earnings per share for Q1 2025 were both CNY 0.71, down from CNY 0.82 in Q1 2024[16] - The weighted average return on equity decreased by 2.08 percentage points to 3.54% due to an increase in equity following the company's IPO[7] - The company reported a non-recurring loss from the disposal of non-current assets amounting to CNY 104,135.77[4] - The company experienced a foreign exchange loss of CNY 2,382,734.83 in Q1 2025, compared to a loss of CNY 3,817,796.93 in Q1 2024, indicating improved currency management[20] - The company's cash and cash equivalents as of March 31, 2025, amounted to CNY 666,493,616.57, a decrease from CNY 690,717,245.66 at the end of 2024[12] - The company reported a cash and cash equivalents balance of CNY 649,396,755.81 at the end of Q1 2025, down from CNY 671,264,917.14 at the beginning of the quarter[20] - Inventory levels decreased to CNY 339,204,273.55 as of March 31, 2025, down from CNY 371,892,632.68 at the end of 2024, indicating a reduction of 8.8%[12] - The company reported a significant increase in financial assets, with trading financial assets rising to CNY 122,364,321.71 from CNY 42,068,043.86[12] - Total operating costs for Q1 2025 were CNY 281,794,879.87, up from CNY 260,687,124.75 in Q1 2024, reflecting a year-over-year increase of 8.1%[15] - Total revenue from sales of goods and services in Q1 2025 was CNY 382,261,876.81, up from CNY 350,497,862.38 in Q1 2024, representing an increase of 9.1%[18]
众鑫股份(603091) - 2025 Q1 - 季度财报