良品铺子(603719) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥1,732,123,213.77, a decrease of 29.34% compared to ¥2,451,351,507.26 in the same period last year[5] - The net profit attributable to shareholders was -¥36,148,557.92, representing a decline of 157.85% from a profit of ¥62,482,768.52 in the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥40,182,201.30, down 173.21% from ¥54,882,483.47 year-on-year[5] - Basic and diluted earnings per share were both -¥0.09, a decrease of 156.25% compared to ¥0.16 in the previous year[5] - Net profit for Q1 2025 was a loss of ¥36,432,293.89, compared to a profit of ¥62,197,386.61 in Q1 2024, indicating a significant decline[21] - The operating profit for Q1 2025 was a loss of ¥45,087,954.67, contrasting with a profit of ¥89,119,584.98 in Q1 2024[20] - The company reported a financial expense of ¥2,610,971.48 in Q1 2025, compared to an income of ¥3,756,483.36 in Q1 2024[20] - Other income for Q1 2025 was ¥2,369,401.55, down from ¥10,598,616.21 in Q1 2024, showing a decrease of 77.7%[20] Cash Flow - The net cash flow from operating activities was ¥361,490,391.32, a significant improvement from -¥54,482,792.43 in the same period last year[5] - In Q1 2025, the cash inflow from operating activities was CNY 2,224,872,536.68, a decrease of 19.8% compared to CNY 2,774,485,394.86 in Q1 2024[23] - The net cash flow from operating activities turned positive at CNY 361,490,391.32 in Q1 2025, compared to a negative CNY 54,482,792.43 in Q1 2024[23] - The cash outflow for purchasing goods and services was CNY 1,266,799,889.44 in Q1 2025, down 36.5% from CNY 1,994,870,557.43 in Q1 2024[23] - The company reported a significant decrease in cash received from sales, totaling CNY 2,218,728,192.87 in Q1 2025, down 19.3% from CNY 2,751,040,675.95 in Q1 2024[23] - The company plans to continue focusing on cash flow management and operational efficiency to improve financial performance in the upcoming quarters[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,885,891,827.12, down 17.36% from ¥4,702,029,816.22 at the end of the previous year[6] - Current assets decreased to RMB 2,346,938,642.55 from RMB 3,090,115,281.38, primarily due to a significant drop in cash and inventory levels[15] - Cash and cash equivalents were reported at RMB 806,403,835.73, down from RMB 1,031,559,467.72[15] - Inventory levels decreased to RMB 314,409,832.98 from RMB 663,860,570.61, indicating a reduction in stock[15] - Accounts receivable dropped to RMB 210,960,338.44 from RMB 470,645,481.07, reflecting improved collection efforts[15] - Total liabilities decreased to RMB 1,946,938,000.00 from RMB 2,090,000,000.00, indicating a reduction in financial obligations[15] - Total liabilities amounted to ¥1,677,502,842.19, down from ¥2,457,208,537.40 in the previous period[18] - Total equity decreased to ¥2,208,388,984.93 from ¥2,244,821,278.82, reflecting a decline in shareholder value[18] Non-Recurring Items - Non-recurring gains and losses totaled ¥4,033,643.38, with significant contributions from government subsidies and asset impairment reversals[7] Market Strategy - The company plans to focus on market expansion and new product development in the upcoming quarters[12]