周大生(002867) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was CNY 2.67 billion, a decrease of 47.28% compared to CNY 5.07 billion in the same period last year[5] - Net profit attributable to shareholders was CNY 252.12 million, down 26.12% from CNY 341.26 million year-on-year[5] - Total operating revenue for the current period is ¥2,673,038,039.89, a decrease of 47.4% compared to ¥5,070,358,885.54 in the previous period[26] - Net profit for the current period is ¥251,568,188.07, a decline of 26.1% from ¥340,583,475.98 in the previous period[27] - The company reported a total comprehensive income of ¥251,568,188.07 for the current period, compared to ¥340,562,092.50 in the previous period[27] Profitability Metrics - The gross profit margin improved to 26.21%, an increase of 10.64 percentage points compared to the previous year[10] - Basic and diluted earnings per share for the current period are both ¥0.23, down from ¥0.31 in the previous period[27] - The company reported a 49.94% decrease in income tax expenses, totaling ¥50,936,612.22, due to a decline in total profit[16] Revenue Breakdown - Revenue from self-operated offline business was CNY 527.45 million, down 16.29% year-on-year[11] - E-commerce revenue reached CNY 534.22 million, a decline of 6.71% compared to the previous year[11] - Franchise business revenue was CNY 1.58 billion, a significant decrease of 58.63% year-on-year[11] Operational Challenges - The company faced significant pressure on operations due to rising gold prices and cautious consumer behavior[9] - Cash received from sales and services decreased by 59.21% to ¥2,434,952,713.66, reflecting a decline in operating revenue[16] - Cash paid for purchasing goods and services fell by 66.55% to ¥1,645,213,315.18, mainly due to reduced demand for gold raw materials[16] Asset and Liability Management - The total assets at the end of the reporting period were CNY 8.31 billion, an increase of 6.06% from the end of the previous year[5] - The total liabilities of the company increased to CNY 1,708,116,017.22 from CNY 1,484,638,421.89, marking a rise of about 15.06%[24] - The company's total equity attributable to shareholders increased to CNY 6,608,096,443.28 from CNY 6,355,976,644.58, reflecting a growth of approximately 3.95%[25] Cash Flow Analysis - Cash flow from financing activities showed a decrease of 81.82%, with cash received from borrowings at ¥300,000,000.00 compared to ¥1,650,000,000.00 in the previous year[17] - Cash flow from operating activities for the current period is ¥374,116,618.41, a decrease of 6.9% compared to ¥401,696,550.41 in the previous period[28] - Cash inflow from financing activities for the current period is ¥300,000,000.00, a decrease of 81.8% from ¥1,650,000,000.00 in the previous period[29] Shareholder Information - The total number of common shareholders at the end of the reporting period was 29,455, with no preferred shareholders[19] - The largest shareholder, Shenzhen Zhou's Investment Co., Ltd., holds 55.57% of the shares, amounting to 609,018,750 shares, with 54,200,000 shares pledged[19] Inventory and Receivables - Inventory levels rose to CNY 4,368,158,306.85 from CNY 4,270,240,833.58, indicating an increase of approximately 2.3%[23] - The company's accounts receivable decreased to CNY 247,791,059.50 from CNY 290,642,245.00, a decline of about 14.7%[23] Employee Compensation - The company reported a decrease in employee compensation payable from CNY 89,485,852.99 to CNY 31,930,790.62, a significant reduction of approximately 64.3%[24]