丰山集团(603810) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for the first quarter reached ¥322,200,052.44, representing a year-on-year increase of 22.60% compared to ¥262,803,224.93[4] - Net profit attributable to shareholders was ¥16,375,863.17, a significant turnaround from a loss of ¥10,909,451.92 in the same period last year, marking a 250.11% increase[4] - The basic earnings per share increased to ¥0.10 from a loss of ¥0.07, reflecting a growth of 242.86%[4] - The diluted earnings per share also improved to ¥0.09 from a loss of ¥0.07, showing a 228.57% increase[5] - The weighted average return on equity rose to 1.03%, an increase of 1.73 percentage points compared to -0.70% in the previous year[5] - The net profit for Q1 2025 was CNY 15,380,038.91, a significant recovery from a net loss of CNY 11,649,422.29 in Q1 2024, marking a turnaround in performance[22] - Operating profit for the period was CNY 16,335,392.15, compared to an operating loss of CNY 16,307,021.90 in the same quarter last year[21] - The total comprehensive income for the period was CNY 15,380,038.91, contrasting with a total comprehensive loss of CNY -25,147,778.06 in the same quarter last year[22] Cash Flow and Operating Activities - The net cash flow from operating activities was negative at -¥78,629,355.18, worsening from -¥66,219,658.39 year-on-year, a decline of 18.74%[4] - The company reported a net cash outflow from operating activities of CNY -78,629,355.18, worsening from CNY -66,219,658.39 in Q1 2024[25] - Investment activities generated a net cash inflow of CNY 21,093,038.64, a decrease from CNY 72,663,039.38 in the previous year[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,780,508,415.67, a slight increase of 1.28% from ¥2,745,232,212.30 at the end of the previous year[5] - Current assets totaled RMB 1,596,224,573.62 as of March 31, 2025, compared to RMB 1,544,491,817.38 at the end of 2024, showing an increase of 3.3%[15] - Total liabilities were RMB 1,193,364,399.68 as of March 31, 2025, compared to RMB 1,174,190,825.27 at the end of 2024, indicating an increase of 1.6%[16] - Shareholders' equity totaled RMB 1,587,144,015.99 as of March 31, 2025, compared to RMB 1,571,041,387.03 at the end of 2024, representing a growth of 1.0%[17] Operating Costs and Expenses - Total operating costs for Q1 2025 were RMB 304,631,137.53, up from RMB 273,291,745.76 in Q1 2024, reflecting a growth of 11.5%[20] - Operating costs included RMB 273,689,998.82 in operating expenses for Q1 2025, compared to RMB 243,706,743.19 in Q1 2024, indicating a rise of 12.3%[20] - The company incurred research and development expenses of CNY 10,192,622.79, an increase from CNY 9,253,218.37 in the previous year, reflecting a focus on innovation[21] - Financial expenses included interest expenses of CNY 1,955,606.08, slightly up from CNY 1,872,472.48 in Q1 2024[21] Inventory and Cash Management - Cash and cash equivalents were RMB 557,380,441.70 as of March 31, 2025, down from RMB 575,009,309.85 at the end of 2024, a decrease of 3.0%[14] - Inventory increased to RMB 243,128,515.76 as of March 31, 2025, compared to RMB 231,412,437.26 at the end of 2024, marking a rise of 5.0%[15] - Cash and cash equivalents at the end of Q1 2025 stood at CNY 482,465,747.03, down from CNY 701,706,964.69 at the end of Q1 2024[26] Non-recurring Gains and Losses - Non-recurring gains and losses amounted to ¥1,807,181.73 after tax, with significant contributions from government subsidies and other income[7] - The company reported a significant increase in sales volume and price for key products, driving the growth in net profit and earnings per share[9]