东方雨虹(002271) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥5,954,973,095.50, a decrease of 16.71% compared to ¥7,149,293,164.43 in the same period last year[5] - Net profit attributable to shareholders was ¥192,365,878.40, down 44.68% from ¥347,722,453.72 year-on-year[5] - Basic and diluted earnings per share decreased by 42.86% to ¥0.08 from ¥0.14 in the same period last year[5] - The company reported a decrease in net profit of 47.92% due to lower market demand and intensified industry competition, leading to reduced revenue and gross margin[9] - Net profit for the period was CNY 177,919,580.95, a decline of 47.9% from CNY 341,609,350.33 in the same period last year[26] - The total comprehensive income for the period was CNY 179,617,210.06, down from CNY 344,196,299.01 in the same period last year[26] Cash Flow and Financing - The net cash flow from operating activities improved by 56.98%, reaching -¥812,784,159.95 compared to -¥1,889,121,570.11 in the previous year[5] - The net cash flow from financing activities increased by 157.01% to ¥934,285,313.82, attributed to net increases in external financing[9] - Total cash inflow from financing activities increased to 4,891,478,051.12 compared to 2,435,165,413.00 in the prior period[28] - The company reported a net cash outflow from operating activities of 6,551,123,524.90, down from 9,331,191,726.16 in the previous period[27] Assets and Liabilities - Total assets increased by 1.14% to ¥45,223,777,457.08 from ¥44,715,448,811.80 at the end of the previous year[5] - Total liabilities rose to CNY 22,467,202,255.84, up from CNY 19,401,434,047.07[23] - The company's equity attributable to shareholders decreased by 10.11% to ¥22,412,268,596.07 from ¥24,934,259,584.77 at the end of the previous year[5] Operational Costs and Expenses - Total operating costs decreased to CNY 5,610,549,712.37, down 14.3% from CNY 6,548,229,326.83[25] - Management expenses decreased by 34.08% to ¥361,521,682.02, primarily due to reductions in employee compensation and consulting fees[9] - Research and development expenses were CNY 98,542,511.48, down 21.9% from CNY 126,125,594.35[25] - The company reported a decrease in sales expenses to CNY 540,093,126.95, down 28.2% from CNY 752,826,027.02[25] Share Repurchase - The total amount used for share repurchase has exceeded the lower limit of RMB 500 million and is within the upper limit of RMB 1 billion[14] - The company repurchased a total of 47,615,662 shares, accounting for 1.9544% of the total share capital, with a total transaction amount of RMB 599,909,104[15] - The company plans to use its own or raised funds to repurchase shares through centralized bidding, with a maximum repurchase price set at RMB 19.30 per share[14] - The company has completed the cancellation of the repurchased shares during the reporting period[15] Inventory and Receivables - Accounts receivable increased from RMB 7,340,825,504.11 to RMB 8,371,126,000.27, representing an increase of about 14.06%[21] - Inventory rose from RMB 1,827,338,699.07 to RMB 1,990,768,315.05, indicating an increase of approximately 8.93%[21] - The company's total current assets decreased from RMB 24,342,835,711.42 to RMB 23,885,502,934.34, a decline of about 1.88%[21] Other Financial Metrics - The company's cash and cash equivalents decreased from RMB 7,259,285,510.48 to RMB 6,908,787,754.57, a decline of approximately 4.82%[21] - The company's long-term equity investments slightly decreased from RMB 84,996,902.85 to RMB 83,524,290.07, a decline of about 1.73%[21] - The company’s intangible assets decreased from RMB 2,368,597,015.47 to RMB 2,244,158,804.89, representing a decrease of approximately 5.23%[21] - Other comprehensive income for the period was CNY 14,748,133.69, compared to CNY 12,883,396.81 in the previous period[23] Market and Product Development - The company did not report any significant new product developments or market expansions during the call[29]