DAFENG INDUSTRY(SH:603081)2025-04-28 14:30Financial Performance - The company's operating revenue for Q1 2025 was CNY 290,241,740.92, representing a slight increase of 0.23% compared to CNY 289,574,544.58 in the same period last year[3]. - Net profit attributable to shareholders decreased by 3.37% to CNY 32,744,031.38 from CNY 33,887,050.67 year-on-year[3]. - Net profit for Q1 2025 was CNY 31,184,057.90, a decrease of 0.74% from CNY 31,417,608.53 in Q1 2024[18]. - Basic earnings per share remained stable at CNY 0.08, while diluted earnings per share decreased by 11.11% to CNY 0.08 from CNY 0.09[4]. - Earnings per share remained stable at CNY 0.08 for both basic and diluted earnings in Q1 2025[19]. Cash Flow - The net cash flow from operating activities surged by 415.76% to CNY 45,096,303.46, significantly improving due to enhanced management of receivables[7]. - The net cash flow from operating activities was 45,096,303.46, a significant increase from 8,743,662.33 in the previous period, reflecting improved operational efficiency[20]. - Cash flow from operating activities increased to CNY 740,769,033.58 in Q1 2025, up 31.4% from CNY 563,864,053.94 in Q1 2024[19]. - The total cash outflow from operating activities was 695,672,730.12, compared to 555,120,391.61, showing increased operational costs[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,737,451,113.32, down 2.64% from CNY 7,947,351,913.15 at the end of the previous year[4]. - Current assets totaled CNY 3,707,017,639.53, down from CNY 3,782,989,300.94, indicating a decrease of about 2.00%[13]. - Total liabilities decreased to CNY 4,502,087,206.79 from CNY 5,030,764,691.42, representing a reduction of approximately 10.52%[14]. - Short-term borrowings were reported at CNY 87,774,810.38, a significant decrease from CNY 137,168,100.27, reflecting a decline of about 36.06%[13]. - The company's cash and cash equivalents stood at CNY 658,650,536.60, down from CNY 743,022,696.23, marking a decrease of approximately 11.39%[12]. Equity - Shareholders' equity attributable to the parent company increased by 11.16% to CNY 3,189,893,191.40 from CNY 2,869,559,578.15[4]. - The company's total equity rose to CNY 3,235,363,906.53 from CNY 2,916,587,221.73, representing an increase of about 10.95%[14]. - The total number of common shareholders at the end of the reporting period was 29,609[8]. Investment Activities - The net cash flow from investing activities decreased by 114.64%, primarily due to increased cash payments for investments[7]. - The total cash inflow from investment activities reached 1,024,085,323.79, compared to 193,223,861.26 previously, indicating a strong recovery in investment returns[20]. - The net cash flow from investment activities was -23,957,449.60, a decline from 163,615,062.20, suggesting increased capital expenditures or lower returns on investments[20]. - The cash paid for investments was 1,039,360,000.00, a substantial increase from 13,863,972.05, reflecting aggressive investment strategies[20]. Other Financial Metrics - The company reported a net loss from non-current asset disposal of CNY 517,249.95, while government subsidies recognized in the current period amounted to CNY 4,477,747.07[5]. - The company reported a significant increase in financial income, with interest income rising to CNY 37,487,244.36 in Q1 2025 from CNY 30,245,232.39 in Q1 2024[17]. - The company experienced a foreign exchange gain of CNY 2,436,794.19 in Q1 2025, compared to a loss of CNY 42,097.21 in Q1 2024[19]. - The impact of exchange rate changes on cash and cash equivalents was 18,031,739.47, contrasting with -2,156,933.97 previously, indicating favorable currency fluctuations[20]. - The current ratio, calculated as current assets divided by current liabilities, was approximately 1.55, indicating a stable liquidity position[13].