洋河股份(002304) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥11,066,201,907.73, a decrease of 31.92% compared to ¥16,254,884,718.38 in the same period last year[5] - Net profit attributable to shareholders was ¥3,637,099,588.91, down 39.93% from ¥6,055,230,532.04 year-on-year[5] - Basic earnings per share fell to ¥2.4144, a decline of 39.93% from ¥4.0195 in the same period last year[5] - Total operating revenue for the current period was ¥11,066,201,907.73, a decrease of 31.9% compared to ¥16,254,884,718.38 in the previous period[38] - Net profit for the current period was ¥3,632,715,771.96, a decline of 40.0% from ¥6,052,988,206.49 in the previous period[39] - Earnings per share (EPS) for the current period was ¥2.4144, down from ¥4.0195 in the previous period[40] - The company reported a total comprehensive income of ¥3,634,587,736.76, down from ¥6,049,329,572.90 in the previous period[40] Cash Flow - The net cash flow from operating activities decreased by 47.72%, amounting to ¥2,535,741,055.56 compared to ¥4,850,465,091.64 in the previous year[5] - Cash inflow from operating activities totaled ¥9,942,860,564.14, a decrease of 27.5% compared to ¥13,665,732,726.01 in the previous period[41] - The net cash flow from operating activities was 2,535,741,055.56, a decrease of 47.8% compared to 4,850,465,091.64 from the previous period[42] - The total cash outflow from investing activities was 11,036,781,463.50, significantly higher than 5,507,722,039.08 in the prior period, resulting in a net cash flow from investing activities of -2,212,809,909.82[42] - The net cash flow from financing activities was -3,424,137,353.90, reflecting a significant decrease compared to -6,927,704.68 in the previous period[42] - The cash and cash equivalents at the end of the period totaled 18,379,031,124.00, down from 27,563,863,283.92 at the end of the previous period[42] - The company paid 3,510,147,538.19 in cash for dividends and interest, indicating a focus on returning value to shareholders[42] Assets and Liabilities - Total assets at the end of the reporting period were ¥64,129,803,574.26, down 4.77% from ¥67,345,265,219.62 at the end of the previous year[5] - The company’s total equity reached ¥51,817,616,568.22, slightly up from ¥51,693,045,853.88 in the previous period[36] - Total liabilities amounted to ¥12,312,187,006.04, a decrease from ¥15,652,219,365.74 in the previous period[36] - The company experienced a 95.50% decline in minority shareholder profit, mainly due to increased losses from a subsidiary[27] - Total current liabilities decreased from 15,258,522,338.13 to 11,869,179,634.96, a reduction of approximately 22.1%[35] - Contract liabilities decreased from 10,343,779,848.07 to 7,023,970,238.37, a decline of about 32.5%[35] - Total current assets decreased from 50,324,864,503.54 to 47,184,995,193.11, a decline of approximately 4.25%[35] - Total non-current liabilities increased to ¥443,007,371.08 from ¥393,697,027.61 in the previous period[36] Research and Development - Research and development expenses increased by 246.35%, reflecting a rise in R&D projects[19] - Research and development expenses increased to ¥64,193,060.16, up from ¥18,534,173.82 in the previous period, indicating a focus on innovation[39] Shareholder Information - Total number of common shareholders at the end of the reporting period was 187,577[31] - Jiangsu Yanghe Group holds 34.18% of shares, totaling 514,858,939 shares[31] - The top ten shareholders do not have any shares under pledge, marking a stable ownership structure[32] Market Strategy - The company has no plans for new product launches or market expansions mentioned in the conference call[33]