YASHA(002375)2025-04-28 13:20Financial Performance - The company's operating revenue for Q1 2025 was ¥1,781,337,686.75, a decrease of 19.67% compared to ¥2,217,526,226.64 in the same period last year[4] - Net profit attributable to shareholders increased by 2.78% to ¥66,742,654.92 from ¥64,935,447.42 year-on-year[4] - The company reported a net profit margin of approximately 1.0% for the current period, down from 1.8% in the previous period[17] - Operating profit increased to ¥64,833,806.97 from ¥62,322,625.80, reflecting a growth of approximately 4.0%[18] - Net profit rose to ¥61,626,256.52 compared to ¥61,263,986.32, an increase of about 0.6%[19] - Total comprehensive income for the period was ¥61,626,256.52, slightly up from ¥61,263,986.32[19] Cash Flow and Liquidity - The net cash flow from operating activities improved by 32.74%, reaching -¥674,730,135.94, compared to -¥1,003,219,007.36 in the previous year[4] - Cash flow from operating activities showed a net outflow of ¥674,730,135.94, improving from a net outflow of ¥1,003,219,007.36 in the previous period[21] - Cash and cash equivalents decreased to CNY 1,796,782,381.21 from CNY 2,569,617,598.06, representing a decline of 30.0%[13] - Cash and cash equivalents at the end of the period decreased to ¥1,114,460,698.72 from ¥1,235,112,549.76, a decline of approximately 9.8%[21] Assets and Liabilities - Total assets decreased by 6.35% to ¥21,323,077,101.94 from ¥22,768,478,211.60 at the end of the previous year[4] - Total liabilities decreased to CNY 12,933,427,728.02 from CNY 14,440,841,705.49, a reduction of 10.4%[16] - Total equity increased to CNY 8,389,649,373.92 from CNY 8,327,636,506.11, reflecting a growth of 0.7%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 33,395[10] - The largest shareholder, 亚厦控股有限公司, holds 32.77% of the shares, with 313,350,000 shares pledged[10] Cost Management - Total operating costs for the current period amount to CNY 1,763,679,692.42, down 19.0% from CNY 2,178,033,206.69 in the previous period[17] - Sales expenses decreased to ¥53,556,948.96 from ¥69,083,014.22, a reduction of approximately 22.5%[18] - R&D expenses decreased to ¥56,533,446.75 from ¥71,181,284.76, a reduction of about 20.5%[18] - The company reported a decrease in financial expenses to ¥8,504,421.89 from ¥13,289,736.47, a reduction of about 36.5%[18] Investment and Future Plans - The company reported a significant decrease of 283.03% in investment income compared to the same period last year[8] - The company’s investment income showed a loss of ¥888,689.78 compared to a gain of ¥485,534.68 in the previous period[18] - The company plans to continue focusing on improving cash flow and managing operational costs in the upcoming quarters[8] - The company plans to focus on market expansion and new product development in the upcoming quarters[12] Equity and Returns - The company's equity attributable to shareholders increased by 0.84% to ¥8,086,030,555.26 from ¥8,019,036,603.00 at the end of the previous year[4] - The weighted average return on equity was 0.83%, slightly down from 0.85% in the previous year[4] - The company’s basic and diluted earnings per share remained stable at ¥0.05[19] Accounts Receivable and Inventory - Accounts receivable decreased to CNY 3,661,648,759.40 from CNY 4,325,276,568.76, a reduction of 15.3%[14] - Inventory increased to CNY 2,300,404,402.27 from CNY 2,202,372,892.25, reflecting a growth of 4.5%[14]