漱玉平民(301017) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥2,378,617,267.98, a decrease of 2.48% compared to the same period last year[4] - Net profit attributable to shareholders increased by 143.85% to ¥25,623,877.14, driven by cost control measures and operational efficiency improvements[10] - Basic and diluted earnings per share both doubled to ¥0.06, reflecting the significant increase in net profit[10] - Net profit for the quarter reached CNY 22,247,586.65, representing a significant increase of 95.7% from CNY 11,377,582.93 in the same period last year[34] - The total comprehensive income for the current period is CNY 22,247,586.65, compared to CNY 11,377,582.93 in the previous period, reflecting a significant increase[36] - The comprehensive income attributable to the parent company's owners is CNY 25,623,877.14, up from CNY 10,508,208.55 in the previous period[36] Cash Flow - The net cash flow from operating activities rose by 17.52% to ¥88,358,510.08, indicating improved cash generation capabilities[4] - Net cash flow from operating activities is CNY 88,358,510.08, an increase from CNY 75,184,147.94 in the previous period[38] - Cash inflow from operating activities totaled CNY 2,540,858,188.81, down from CNY 2,701,517,754.85 in the previous period, representing a decrease of approximately 5.95%[38] - Cash outflow from operating activities decreased to CNY 2,452,499,678.73 from CNY 2,626,333,606.91, a reduction of about 6.61%[38] - Net cash flow from investing activities is CNY -204,364,524.68, compared to CNY 19,113,969.62 in the previous period, indicating a significant decline[41] - Cash inflow from financing activities is CNY 570,415,261.18, compared to CNY 522,642,916.67 in the previous period, showing an increase of approximately 9.13%[41] - The ending cash and cash equivalents balance is CNY 735,247,114.81, down from CNY 946,508,791.12 in the previous period, reflecting a decrease of about 22.29%[41] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,416,827,492.31, up 1.55% from the previous year[7] - The company's total assets as of March 31, 2025, were CNY 9,416,827,492.31, up from CNY 9,273,192,681.97 at the beginning of the period, indicating a growth of 1.5%[30] - Current assets totaled CNY 5,364,768,111.14, slightly increasing from CNY 5,321,094,993.28, reflecting a growth of 0.8%[28] - Non-current assets increased to CNY 4,052,059,381.17 from CNY 3,952,097,688.69, marking a growth of 2.5%[29] - Total liabilities rose to CNY 7,266,421,717.98, compared to CNY 7,148,122,388.98, an increase of 1.7%[30] - The company's equity attributable to shareholders increased to CNY 2,067,777,882.27 from CNY 2,040,366,110.44, reflecting a growth of 1.4%[31] Operational Efficiency - The company reported a 95.30% increase in other non-current assets, totaling ¥294,032,242.95, primarily due to increased prepayments for acquisitions[12] - The company implemented cost reduction measures, resulting in an improvement in expense-to-sales ratio by 1.81% year-on-year, with a net profit impact of approximately RMB 7.4 million due to changes in accounting estimates[22] - The gross profit margin decreased by 1.43% year-on-year due to changes in consumer purchasing behavior and increased compliance costs[22] - The company continues to optimize loss-making stores, positively impacting overall profitability[22] - The company reported a significant reduction in selling expenses, which decreased to CNY 467,997,957.92 from CNY 523,927,303.51, a reduction of approximately 10.7%[35] Store Operations - As of March 31, 2025, the company operated a total of 8,916 stores across several provinces, including 4,353 direct-operated stores and 4,563 franchise stores[23] - The company closed 86 stores during the reporting period, resulting in a total of 4,353 direct-operated stores by the end of Q1 2025[25] - The company plans to continue optimizing store operations and enhancing digital tools to further improve profitability in the upcoming quarters[10] - The company is focused on a direct chain marketing model and steady regional expansion strategy[23] Future Plans - The company plans to expand its product offerings in health products, healthcare, medical devices, and beauty products to meet consumer demand[23] - The company has not adjusted the conversion price of its convertible bonds despite triggering conditions for downward adjustment, maintaining the current price of RMB 12.71 per share[27] Investment Performance - The company’s investment income decreased by 164.63% to -¥313,434.23, mainly due to the absence of dividends from other non-current financial assets[12] - The company’s investment income showed a loss of CNY 313,434.23, compared to a gain of CNY 484,965.34 in the previous period, indicating a decline in investment performance[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,977, indicating a stable shareholder base[14] - The company has a share repurchase account holding 2,988,788 shares, representing 0.74% of the total share capital[16] Audit Status - The company has not undergone an audit for the first quarter report[42]