森林包装(605500) - 2025 Q1 - 季度财报

Financial Performance - Revenue for Q1 2025 was CNY 450,466,813.28, a decrease of 7.55% compared to CNY 487,253,642.75 in the same period last year[3] - Net profit attributable to shareholders was CNY 33,882,240.80, down 5.92% from CNY 36,013,452.27 year-over-year[3] - Basic and diluted earnings per share decreased by 11.11% to CNY 0.08 from CNY 0.09 in the same period last year[3] - Net profit for Q1 2025 was CNY 31.74 million, a decline of 11.9% from CNY 35.88 million in Q1 2024[17] - The total comprehensive income for the first quarter of 2025 was CNY 31,737,206.85, compared to CNY 35,920,342.81 in the first quarter of 2024, reflecting a decrease of approximately 6.1%[18] Cash Flow - The net cash flow from operating activities improved by 11.28%, reaching CNY -96,287,101.36 compared to CNY -108,526,558.68 in the previous year[3] - Cash inflows from operating activities totaled CNY 491,944,756.96 in Q1 2025, slightly increasing from CNY 490,478,979.78 in Q1 2024[21] - The net cash flow from operating activities was -CNY 96,287,101.36 for Q1 2025, an improvement from -CNY 108,526,558.68 in Q1 2024[22] - Cash outflows from investing activities amounted to CNY 205,835,758.56 in Q1 2025, compared to CNY 179,338,850.57 in Q1 2024, representing an increase of approximately 14.8%[22] - The net cash flow from investing activities was -CNY 168,309,330.98 in Q1 2025, slightly better than -CNY 179,167,850.57 in Q1 2024[22] - Cash inflows from financing activities were CNY 217,901,680.11 in Q1 2025, down from CNY 229,693,280.91 in Q1 2024, a decrease of about 5.1%[22] - The net cash flow from financing activities was CNY 211,002,741.94 in Q1 2025, compared to CNY 227,871,121.36 in Q1 2024, indicating a decrease of approximately 7.4%[22] - The ending cash and cash equivalents balance for Q1 2025 was CNY 184,475,536.01, down from CNY 433,956,963.30 in Q1 2024[24] - The company reported a total cash outflow of CNY 54,608,436.66 in Q1 2025, an improvement from CNY 61,137,777.79 in Q1 2024[24] Assets and Liabilities - Total assets increased by 3.99% to CNY 4,169,228,846.78 from CNY 4,009,085,128.94 at the end of the previous year[4] - The company's total assets increased to CNY 4.17 billion as of March 31, 2025, compared to CNY 4.01 billion at the end of 2024, reflecting a growth of 4.0%[14] - Current assets totaled CNY 1.46 billion as of March 31, 2025, an increase of 5.8% from CNY 1.38 billion at the end of 2024[12] - The company's total liabilities rose to CNY 1.33 billion as of March 31, 2025, compared to CNY 1.21 billion at the end of 2024, marking an increase of 10.7%[14] - Long-term borrowings increased to CNY 775.90 million as of March 31, 2025, compared to CNY 645.86 million at the end of 2024, reflecting a growth of 20.1%[14] Inventory and Costs - The decline in revenue was mainly attributed to a decrease in product sales prices during the reporting period[6] - The company reported an increase in inventory by CNY 115,014,000 compared to the beginning of the year, impacting cash flow[7] - Total operating costs for Q1 2025 were CNY 439.62 million, down 6.1% from CNY 468.04 million in Q1 2024[16] - Inventory increased significantly to CNY 331.28 million as of March 31, 2025, up 53.3% from CNY 216.27 million at the end of 2024[12] Shareholder Information - The total number of common shareholders at the end of the reporting period was 12,664[9] Research and Development - The company reported a decrease in research and development expenses to CNY 20.88 million in Q1 2025 from CNY 19.89 million in Q1 2024, indicating a slight increase of 5.0%[17] Return on Equity - The weighted average return on equity decreased by 0.16 percentage points to 1.30% from 1.46% year-over-year[3] Non-Recurring Items - Non-recurring gains and losses totaled CNY 1,745,984.95, primarily from government subsidies and asset disposals[5]