兰州黄河(000929) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥47,671,749.66, a decrease of 11.49% compared to ¥53,857,331.57 in the same period last year[5] - Net profit attributable to shareholders was ¥7,232,654.82, a significant increase of 934.62% from a loss of ¥866,577.33 in the previous year[5] - Basic and diluted earnings per share were both ¥0.0389, up 927.66% from -¥0.0047 in the previous year[5] - Operating profit for the current period is ¥2,518,751.08, a significant improvement from a loss of ¥5,419,431.21 in the previous period[25] - Net profit for the current period is ¥2,327,868.97, recovering from a net loss of ¥8,277,849.97 in the previous period[26] - The net profit attributable to the parent company is ¥7,232,654.82, compared to a loss of ¥866,577.33 in the previous period[26] Cash Flow - The net cash flow from operating activities was -¥19,407,299.38, representing a decline of 2,328.15% compared to -¥799,264.38 in the same period last year[5] - Cash inflow from operating activities totaled ¥54,548,668.94, down from ¥60,559,637.53 in the previous period[27] - Total cash outflow from operating activities amounted to ¥73,955,968.32, up from ¥61,358,901.91, reflecting increased operational expenses[28] - The net cash flow from investing activities was ¥509,144.43, a decrease from ¥13,512,600.58, suggesting reduced investment returns[28] - Cash outflow for financing activities totaled ¥1,073,000.49, compared to ¥34,883.33 previously, indicating higher debt repayment and dividend distribution[28] - The net increase in cash and cash equivalents was -¥19,971,155.44, contrasting with a positive increase of ¥12,678,452.87 in the prior period[28] - The ending balance of cash and cash equivalents stood at ¥100,083,707.63, down from ¥120,054,863.07, reflecting a decrease in liquidity[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥968,011,429.84, an increase of 0.53% from ¥962,921,879.35 at the end of the previous year[5] - Total current assets as of March 31, 2025, amounted to CNY 362,714,901.70, an increase from CNY 353,027,858.25 at the beginning of the period, reflecting a growth of approximately 2%[20] - Total liabilities increased to ¥158,529,171.66 from ¥155,767,490.13, reflecting a growth of 1.6%[22] - Total equity increased to ¥809,482,258.18 from ¥807,154,389.22, showing a slight growth of 0.3%[22] - The company's long-term equity investments decreased to CNY 10,929,354.92 from CNY 12,064,110.99, a decline of approximately 9.4%[21] - The total non-current assets amounted to CNY 605,296,528.14, down from CNY 609,894,021.10, indicating a decrease of about 0.9%[21] Operational Metrics - The company's weighted average return on equity was 1.48%, compared to -0.15% in the same period last year, indicating a recovery in profitability[5] - Financial expenses decreased compared to the previous year, mainly due to reduced deposit interest[11] - The company reported an increase in asset impairment losses, primarily due to the write-off of inventory impairment provisions[13] - Accounts receivable increased due to higher receivables from malt sales, while prepayments rose due to advance payments for malt purchases and equipment[9] - Inventory decreased to CNY 103,450,786.17 from CNY 108,673,182.60, reflecting a decline of about 4.1%[21] - The company's total current liabilities included accounts payable of CNY 40,374,854.71, down from CNY 42,132,870.31, a decrease of about 4.2%[20] Other Considerations - Non-recurring gains and losses totaled ¥12,928,226.38, primarily driven by fair value changes in financial assets[6] - Cash paid for purchasing goods and services increased to ¥38,648,170.84 from ¥25,575,512.14, indicating a rise of 51.1%[27] - Cash paid for taxes increased to ¥14,046,262.33 from ¥8,942,445.85, highlighting a rise in tax obligations[28] - Cash paid to employees was ¥16,433,173.36, slightly up from ¥16,034,220.30, indicating stable payroll expenses[28] - The company’s first quarter report was not audited, which may affect the reliability of the financial data presented[30]