Financial Performance - The company's revenue for Q1 2025 was ¥1,231,027,153.15, representing a 4.12% increase compared to ¥1,182,362,816.67 in the same period last year[3] - Net profit attributable to shareholders was ¥85,954,879.71, a significant increase of 42.78% from ¥60,200,897.41 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥85,584,702.19, up 45.40% from ¥58,860,474.46 in the previous year[3] - Basic and diluted earnings per share increased to ¥0.34, reflecting a growth of 41.67% from ¥0.24[3] - Net profit for the current period was ¥93,400,706.30, representing a 35.4% increase from ¥68,955,409.96 in the previous period[18] Cash Flow - The company's cash flow from operating activities improved to -¥13,295,727.71, a 72.28% increase compared to -¥47,959,924.37 in the same period last year[3] - Cash flow from operating activities showed a net outflow of ¥13,295,727.71, an improvement from a net outflow of ¥47,959,924.37 in the previous period[20] - The cash flow from investing activities improved to -¥23,536,512.30, a 60.91% increase compared to -¥60,212,445.22 in the same period last year[8] - In Q1 2025, the net cash flow from investing activities was -¥23,536,512.30, compared to -¥60,212,445.22 in the same period last year, indicating an improvement[21] - The total cash inflow from financing activities was ¥618,267,428.22, up from ¥480,979,957.03 year-over-year[21] - The net cash flow from financing activities was ¥60,666,119.19, down from ¥84,464,018.93 year-over-year[21] - The ending balance of cash and cash equivalents was ¥86,303,943.32, compared to ¥70,848,975.40 at the end of the previous year[21] - The company reported a net increase in cash and cash equivalents of ¥23,833,879.18, contrasting with a decrease of -¥23,561,078.83 in the same period last year[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,933,522,645.43, a 1.72% increase from ¥5,833,452,965.22 at the end of the previous year[3] - Total current assets increased to CNY 4,566,603,030.91 from CNY 4,452,350,015.61, reflecting a growth of approximately 2.57%[14] - Total liabilities amounted to ¥4,056,032,170.35, slightly up from ¥4,050,191,950.99 in the previous period[16] - Total current liabilities increased to CNY 3,558,624,296.10 from CNY 3,516,014,278.68, reflecting a growth of approximately 1.21%[15] - Short-term borrowings rose to CNY 1,605,554,756.00 from CNY 1,324,252,536.17, an increase of about 21.19%[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 17,332[10] - The top 10 shareholders hold a combined 49.31% of the shares, with the largest shareholder, Chen Siwei, owning 12.00%[10] - Shareholder Shao Zengming and Shao Huili increased their holdings by 12,807,800 shares, representing 5.00% of the total share capital[12] Research and Development - Research and development expenses surged to ¥2,290,595.56, a dramatic increase of 2345.09% compared to ¥93,681.47 in the previous year[7] - Research and development expenses rose significantly to ¥2,290,595.56, compared to only ¥93,681.47 in the previous period[18] Other Financial Metrics - Total operating revenue for the current period reached ¥1,231,027,153.15, an increase of 4.1% compared to ¥1,182,362,816.67 in the previous period[17] - Total operating costs decreased to ¥1,111,117,538.11, down 3.0% from ¥1,145,140,665.23 in the previous period[17] - The company reported a decrease in sales expenses to ¥15,972,470.24 from ¥17,399,588.84 in the previous period[18] - The deferred income tax liabilities were recorded at ¥113,379,879.62, a slight decrease from ¥114,039,180.57 in the previous period[16] Corporate Actions - The company plans to transfer certain assets and liabilities to its wholly-owned subsidiary, Shenyang Cuihua Jewelry Co., Ltd., as approved in recent board meetings[11] - The company did not undergo an audit for the Q1 2025 report[22] - The report is the first to apply new accounting standards starting from 2025[22] - The company’s board of directors released the Q1 report on April 30, 2025[23]
萃华珠宝(002731) - 2025 Q1 - 季度财报