Aokanginternational(SH:603001)2025-04-29 08:50Financial Performance - The company's operating revenue for Q1 2025 was CNY 589.72 million, a decrease of 22.30% compared to CNY 759.00 million in the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 44.06 million, representing a decline of 294.97% from a profit of CNY 22.60 million in the previous year[4]. - The basic and diluted earnings per share were both CNY -0.1099, a decrease of 294.86% from CNY 0.0564 in the same period last year[4]. - The total operating revenue for the reporting period was CNY 574,739,787.58, a decrease of 22.74% compared to the previous year[11]. - The gross profit margin for the overall business was 40.01%, down 4.55 percentage points year-on-year[12]. - Online sales generated CNY 111,692,397.48 with a gross profit margin of 35.17%, reflecting a decrease of 30.72% in revenue year-on-year[16]. - The total cost of goods sold was CNY 344,804,823.83, which decreased by 16.40% compared to the previous year[12]. - The gross profit for the Aokang brand was CNY 170,765,720.78, with a gross profit margin of 41.34%, down 4.45 percentage points year-on-year[11]. - The company reported a significant decrease in export revenue, which was CNY 607,326.32, down 84.84% year-on-year[12]. - The net profit for Q1 2025 was a loss of CNY 44.03 million, compared to a profit of CNY 22.13 million in Q1 2024[24]. - The operating profit for Q1 2025 was a loss of CNY 40.79 million, contrasting with a profit of CNY 27.75 million in Q1 2024[24]. Cash Flow and Investments - The net cash flow from operating activities increased by 9.11% to CNY 93.25 million, compared to CNY 85.47 million in the previous year[4]. - The company’s cash flow from operations for Q1 2025 was not detailed in the provided documents[25]. - In Q1 2025, the cash inflow from operating activities was approximately $728.75 million, a decrease of 10.3% compared to $812.38 million in Q1 2024[26]. - The cash inflow from investment activities was $98.64 million in Q1 2025, significantly higher than $29.20 million in Q1 2024[27]. - The net cash flow from investment activities was negative at -$21.56 million in Q1 2025, an improvement from -$88.97 million in Q1 2024[27]. - The cash inflow from financing activities was $64.10 million in Q1 2025, compared to only $670,000 in Q1 2024[27]. - The net cash flow from financing activities was positive at $14.72 million in Q1 2025, a turnaround from -$66.96 million in Q1 2024[27]. - The total cash and cash equivalents at the end of Q1 2025 stood at $358.70 million, an increase from $313.20 million at the end of Q1 2024[27]. - The company received $15 million from investment recoveries in Q1 2025, down from $25 million in Q1 2024[27]. - The company reported a cash inflow of $81.78 million from other investment-related activities in Q1 2025[27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3.43 billion, down 2.95% from CNY 3.54 billion at the end of the previous year[4]. - Total liabilities decreased to CNY 823.42 million from CNY 883.57 million[20]. - Non-current assets totaled CNY 1.36 billion, down from CNY 1.42 billion[20]. - The total current assets as of March 31, 2025, were CNY 2,069,638,305.45, a slight decrease from CNY 2,114,088,571.11 at the end of 2024[18]. - The company reported a significant increase in short-term borrowings to CNY 87.68 million from CNY 23.60 million[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 12,801[7]. - The largest shareholder, Aokang Investment Holdings, holds 27.73% of the shares, with a significant portion pledged[9]. - The number of direct stores for the brand Aokang decreased from 869 to 793, with 8 new openings and 84 closures in the first quarter of 2025[15]. Other Financial Metrics - The weighted average return on equity was -1.68%, a decrease of 2.45 percentage points from 0.77% in the previous year[4]. - Non-recurring gains and losses amounted to CNY 4.16 million, primarily from fixed asset disposal gains and government subsidies[8]. - The company reported a significant increase in non-operating income, including CNY 3.45 million from fair value changes[8].