老板电器(002508) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥2,076,194,452.05, a decrease of 7.20% compared to ¥2,237,194,615.74 in the same period last year[5] - Net profit attributable to shareholders was ¥340,019,016.58, down 14.66% from ¥398,415,708.31 year-on-year[5] - Basic and diluted earnings per share were both ¥0.36, reflecting a decline of 14.29% from ¥0.42 in the same period last year[5] - Net profit for the period was ¥335,612,013.91, down from ¥394,942,303.32, reflecting a decline of approximately 15% year-over-year[18] - Operating profit decreased to ¥399,237,096.37 from ¥465,826,743.30, a drop of around 14.2% year-over-year[18] - Total comprehensive income for the period was ¥335,266,895.45, down from ¥394,900,244.36, reflecting a decrease of about 15% year-over-year[18] Cash Flow - The net cash flow from operating activities decreased by 441.59%, resulting in a negative cash flow of ¥187,492,962.49, compared to a positive cash flow of ¥54,887,609.62 in the previous year[5] - Cash flow from operating activities showed a net outflow of ¥187,492,962.49 compared to a net inflow of ¥54,887,609.62 in the previous period[19] - Cash and cash equivalents at the end of the period were ¥1,357,295,509.61, down from ¥1,456,070,159.92[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,698,707,688.37, a decrease of 2.02% from ¥17,043,258,282.33 at the end of the previous year[5] - Current assets decreased to CNY 9,264,804,228.23 from CNY 10,366,102,914.09, reflecting a decline of approximately 10.61%[14] - The company's cash and cash equivalents decreased to CNY 1,486,534,715.42 from CNY 1,631,776,094.27, a reduction of about 8.93%[14] - The total liabilities decreased to CNY 5,087,039,572.52 from CNY 5,777,171,541.22, indicating a decline of approximately 11.96%[15] - The total non-current assets increased to CNY 7,433,903,460.14 from CNY 6,677,155,368.24, reflecting a growth of approximately 11.34%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 42,444[10] - The total equity attributable to the parent company increased to CNY 11,526,748,204.40 from CNY 11,178,437,443.19, reflecting a growth of about 3.12%[16] - The company's retained earnings rose to CNY 9,961,081,927.03 from CNY 9,621,062,910.45, an increase of about 3.54%[16] Expenses - Total operating costs reduced to ¥1,752,513,463.62 from ¥1,829,923,364.67, a decrease of about 4.2% year-over-year[17] - Research and development expenses were ¥62,500,918.10, a decrease from ¥69,436,172.91, indicating a reduction of about 10.5% year-over-year[17] - Financial expenses increased by 33.50% year-on-year, mainly due to a decrease in bank interest during the reporting period[8] Other Financial Metrics - The company's weighted average return on equity was 3.00%, down 0.72 percentage points from 3.72% in the previous year[5] - The company reported a significant increase in credit impairment losses to ¥23,314,042.05 from ¥17,902,453.99, an increase of approximately 30.5% year-over-year[17] Reporting Notes - The first quarter report is unaudited[21] - The new accounting standards will be implemented starting in 2025[21]