Guifaxiang(002820)2025-04-28 12:00Financial Performance - The company's revenue for Q1 2025 was ¥146,346,658.05, a decrease of 8.76% compared to ¥160,391,947.85 in the same period last year[5] - Net profit attributable to shareholders was ¥6,644,728.71, down 64.46% from ¥18,698,588.31 year-on-year[5] - Basic and diluted earnings per share were both ¥0.03, a decrease of 66.67% from ¥0.09 in the same period last year[5] - Total operating revenue for the current period is ¥146,346,658.05, a decrease of 8.5% from ¥160,391,947.85 in the previous period[22] - Net profit for the current period is ¥6,644,728.71, a significant decrease of 64.5% compared to ¥18,698,588.31 in the previous period[23] - Earnings per share for the current period is ¥0.03, down from ¥0.09 in the previous period[24] Cash Flow - The net cash flow from operating activities was ¥25,249,358.17, reflecting a decline of 9.50% compared to ¥27,899,339.48 in the previous year[5] - Cash flow from operating activities is ¥163,202,689.54, a decrease of 6.5% from ¥174,000,409.24 in the previous period[26] - Net cash flow from operating activities was $25,249,358.17, a decrease of 9.4% compared to $27,899,339.48 in the previous period[27] - Total cash inflow from investment activities was $160,798,041.10, down from $301,551,186.30, representing a decline of 46.7%[27] - Cash outflow from investment activities was $8,845,752.32, significantly lower than $306,651,520.94 in the previous period[27] - Net cash flow from investment activities was $151,952,288.78, compared to a negative cash flow of $5,100,334.64 previously[27] - Cash flow from financing activities resulted in a net outflow of $3,890,923.94, compared to a larger outflow of $53,032,354.35 in the previous period[27] - The net increase in cash and cash equivalents was $173,310,723.01, contrasting with a decrease of $30,233,349.51 in the previous period[27] - The ending balance of cash and cash equivalents was $423,918,675.49, down from $610,982,400.46[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,003,508,154.49, a slight decrease of 0.37% from ¥1,007,256,919.17 at the end of the previous year[5] - Total liabilities decreased to ¥76,583,850.64 from ¥86,978,689.33, reflecting a reduction of 11.9%[21] - The total liabilities include accounts payable of ¥18,281,830.63, down from ¥28,558,356.84, a decrease of 36%[20] - Accounts receivable rose to ¥16,064,043.42 from ¥14,342,680.72, an increase of 12%[19] - Inventory decreased to ¥43,578,010.38 from ¥53,209,134.01, a decline of 18%[20] - Total equity attributable to shareholders increased slightly to ¥926,924,303.85 from ¥920,278,229.84, an increase of 0.7%[21] Operational Changes - The company experienced a decline in direct sales channel traffic and average transaction value, leading to an overall revenue decrease[8] - Marketing and e-commerce operational expenses increased, contributing to the significant drop in net profit[10] - The company reported an increase in other payables due to rising third-party e-commerce service fees and advertising costs[9] - The cash paid for fixed assets and other long-term assets increased due to ongoing construction and renovation projects[13] - The company adjusted its management structure, resulting in a decrease in other income due to the loss of tax benefits[11] Shareholder Information - The total number of common shareholders at the end of the reporting period is 34,380[15] - The largest shareholder, Tianjin Guifaxiang, holds 33.99% of shares, totaling 68,273,314 shares[15] - The company reported a total of 5,525,200 shares in its repurchase account, accounting for 2.75% of total shares[16] - The company has not identified any related party relationships among its top shareholders[16] Other Financial Metrics - Research and development expenses for the current period are ¥577,632.75, a slight increase from ¥566,890.74 in the previous period[23] - Deferred income tax liabilities decreased to ¥1,475,766.72 from ¥1,763,849.98, a reduction of 16.3%[21] - Other comprehensive income after tax for the current period is ¥1,345.30, compared to a loss of ¥584.23 in the previous period[24] - Cash paid for employee compensation was $48,353,454.87, slightly up from $47,691,987.38[27] - Cash paid for taxes was $8,059,455.58, a decrease from $14,266,033.43 in the previous period[27]