雅戈尔(600177) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥2,794,901,583.35, a decrease of 15.60% compared to ¥3,311,464,552.55 in the same period last year[4] - Net profit attributable to shareholders was ¥803,415,019.27, down 13.33% from ¥926,972,854.76 year-on-year[4] - Basic and diluted earnings per share were both ¥0.17, reflecting a decline of 15.00% compared to ¥0.20 in the previous year[4] - In Q1 2025, YOUNGOR reported revenue of 2,794.90 million RMB, a year-on-year decrease of 15.06%, and net profit attributable to shareholders of 803.42 million RMB, down 13.33%[12] - Net profit for Q1 2025 was CNY 791,073,959.43, a decline of 15.5% from CNY 936,011,857.54 in Q1 2024[22] - The company reported a comprehensive income of CNY 699,859,193.69 for Q1 2025, down 31.4% from CNY 1,019,001,992.12 in Q1 2024[22] Cash Flow - The net cash flow from operating activities improved to ¥153,817,163.97, a significant recovery from a negative cash flow of ¥275,527,399.04 in the same period last year[4] - In Q1 2025, the net cash flow from operating activities was $153.82 million, a significant improvement from a net outflow of $275.53 million in Q1 2024[25] - Total cash inflow from operating activities in Q1 2025 was $2.65 billion, slightly down from $2.67 billion in Q1 2024[25] - Cash outflow from operating activities decreased to $2.50 billion in Q1 2025 from $2.95 billion in Q1 2024[25] - Cash flow from investing activities showed a net outflow of $357.44 million in Q1 2025, compared to a net inflow of $732.01 million in Q1 2024[26] - Cash inflow from financing activities increased to $7.41 billion in Q1 2025, up from $6.63 billion in Q1 2024[26] - The net cash flow from financing activities was $1.57 billion in Q1 2025, compared to $1.23 billion in Q1 2024[26] - The ending cash and cash equivalents balance for Q1 2025 was $9.12 billion, down from $14.41 billion in Q1 2024[26] - Cash received from the recovery of investments was $923.44 million in Q1 2025, compared to $1.09 billion in Q1 2024[25] - The company paid $607.84 million in dividends and interest in Q1 2025, significantly higher than $188.23 million in Q1 2024[26] - The cash inflow from other investment activities was $174.98 million in Q1 2025, down from $194.51 million in Q1 2024[26] Assets and Liabilities - Total assets increased by 2.20% to ¥72,960,996,074.58 from ¥71,389,352,770.85 at the end of the previous year[5] - Total liabilities increased to CNY 31,294,679,819.71 in Q1 2025 from CNY 29,949,978,825.43 in Q1 2024, reflecting a growth of 4.2%[18] - Total equity increased to CNY 41,666,316,254.87 in Q1 2025 from CNY 41,439,373,945.42 in Q1 2024, showing a growth of 0.5%[18] - The company’s long-term borrowings increased to CNY 6,321,780,203.36 in Q1 2025 from CNY 4,695,921,333.39 in Q1 2024, representing a growth of 34.5%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 84,572[9] - The largest shareholder, Ningbo Youngor Holding Co., Ltd., held 38.05% of the shares, totaling 1,759,426,773 shares[9] Segment Performance - The fashion segment achieved revenue of 1,998.06 million RMB, a year-on-year increase of 8.27%, with the main apparel business generating 1,816.87 million RMB, up 13.17%[12] - The joint venture brand HELLY HANSEN saw revenue growth of 111% during the reporting period[12] - The overall gross margin for the main apparel business was 72.24%, reflecting a decrease of 1.88 percentage points year-on-year[13] - The real estate segment had no new projects launched, with pre-sales of 276.39 million RMB, down 80.10% year-on-year, and revenue recognition of 789.22 million RMB, down 46.01%[14] Store Operations - The number of self-operated stores increased by 23 to a total of 1,876, with a total operating area of 509,700 square meters[13] - The company closed 18 self-operated stores during the reporting period[13] Investment Performance - The investment business generated a net profit of 577.38 million RMB, a year-on-year increase of 11.68%[14] - Investment income for Q1 2025 was CNY 756,581,443.52, up 10.0% from CNY 687,550,878.46 in Q1 2024[21] - Research and development expenses for Q1 2025 were CNY 20,769,712.59, slightly up from CNY 19,672,229.90 in Q1 2024[21]