Langsha(SH:600137)2025-04-28 13:55Financial Performance - The company's operating revenue for Q1 2025 was ¥64,601,839.32, a decrease of 9.65% compared to ¥71,502,065.56 in the same period last year[2] - Net profit attributable to shareholders increased by 96.33% to ¥9,314,578.34 from ¥4,744,286.30 year-on-year[2] - The net profit after deducting non-recurring gains and losses rose by 148.93% to ¥9,285,073.32, compared to ¥3,729,960.15 in the previous year[2] - Basic and diluted earnings per share increased by 95.92% to ¥0.096 from ¥0.049 year-on-year[2] - The total operating revenue for the reporting period was RMB 6,374.36 million, a decrease of 10.70% compared to the same period last year[11] - Total operating revenue for Q1 2025 was ¥64,601,839.32, a decrease of 9.5% compared to ¥71,502,065.56 in Q1 2024[25] - Net profit for Q1 2025 reached ¥9,314,578.34, representing an increase of 96.5% from ¥4,744,286.30 in Q1 2024[26] - Earnings per share for Q1 2025 was ¥0.096, compared to ¥0.049 in Q1 2024, reflecting a 96.0% increase[26] Cash Flow and Financial Position - The net cash flow from operating activities improved significantly by 424.59%, reaching ¥6,967,271.21, compared to a negative cash flow of ¥2,146,512.41 in the same period last year[2] - Total cash inflow from operating activities in Q1 2025 was $84,567,899.99, while cash outflow was $77,600,628.78, resulting in a positive cash flow[29] - The company reported cash inflow from investment activities of $30,040,602.74 in Q1 2025, compared to $30,000,000.00 in Q1 2024[30] - Cash outflow from investment activities in Q1 2025 was $30,242,381.80, leading to a net cash flow of -$30,242,381.80, an improvement from -$50,708,524.00 in Q1 2024[30] - Cash inflow from financing activities was $50,000,000.00 in Q1 2025, with a net cash flow of $50,062,336.97 after accounting for outflows[30] - The ending cash and cash equivalents balance for Q1 2025 was $422,631,562.66, up from $347,797,102.62 in Q1 2024[30] - The company received $9,567,101.59 in other operating cash in Q1 2025, a substantial increase from $2,103,203.37 in Q1 2024[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥700,732,346.82, reflecting a 2.14% increase from ¥686,022,339.16 at the end of the previous year[2] - Total liabilities as of March 31, 2025, amounted to ¥550,484,273.85, compared to ¥541,169,695.51 at the end of 2024[22] - Total current liabilities were ¥149,978,673.90 as of March 31, 2025, slightly up from ¥144,559,849.02 at the end of 2024[22] - The company's inventory decreased from RMB 43,567.76 million to RMB 41,376.21 million[21] Shareholder Information - Shareholders' equity attributable to shareholders increased by 1.72% to ¥550,484,273.85 from ¥541,169,695.51 at the end of the previous year[2] - The total number of ordinary shareholders at the end of the reporting period was 9,192[6] Operational Metrics - The gross profit margin for the main business increased by 2.55 percentage points to 22.54%[11] - The operating cost for the main business was RMB 4,937.85 million, a decrease of 13.54% year-on-year[11] - The company reported a net increase in other business revenue of 607.50% to RMB 85.82 million[11] - The company's export revenue was RMB 179.31 million, down 14.50% year-on-year[18] - The revenue from the East China region was RMB 5,716.10 million, accounting for 89.67% of total revenue, with a decrease of 13.78% compared to the previous year[18] - The number of direct stores for the brand "Langsha Underwear" decreased from 2 to 1, while the number of franchise stores remained stable at 272[9] Research and Development - Research and development expenses increased to ¥2,340,429.12 in Q1 2025, up from ¥1,671,764.19 in Q1 2024, indicating a focus on innovation[25] Government Subsidies - The company received government subsidies amounting to ¥6,546.90, which are closely related to its normal business operations[4] Accounting Standards - The company did not apply new accounting standards for the first quarter of 2025[31]