山东出版(601019) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 2,477,529,030.80, representing a year-on-year increase of 0.30% compared to CNY 2,470,026,547.23 in the same period last year[4] - Net profit attributable to shareholders of the listed company reached CNY 323,281,033.97, a significant increase of 53.46% from CNY 210,659,967.20 in the previous year[4] - The basic earnings per share (EPS) was CNY 0.15, reflecting a 50.00% increase compared to CNY 0.10 in the same period last year[4] - Total operating revenue for Q1 2025 was approximately ¥2.48 billion, a slight increase from ¥2.47 billion in Q1 2024, representing a growth of 0.06%[18] - Net profit for Q1 2025 was approximately ¥321.36 million, compared to ¥208.85 million in Q1 2024, reflecting an increase of 53.6%[19] - Basic and diluted earnings per share for Q1 2025 were both ¥0.15, up from ¥0.10 in Q1 2024, indicating a 50% increase[20] - The company reported a total comprehensive income of approximately ¥346.13 million for Q1 2025, compared to ¥186.58 million in Q1 2024, an increase of 85.6%[19] Cash Flow - The net cash flow from operating activities was CNY 42,923,655.31, a turnaround from a negative cash flow of CNY -541,610,160.82 in the previous year, marking an increase of 107.93%[4] - Cash flow from operating activities generated a net inflow of approximately ¥42.92 million in Q1 2025, a significant improvement from a net outflow of ¥541.61 million in Q1 2024[21] - Investment activities resulted in a net cash outflow of approximately ¥62.34 million in Q1 2025, an improvement compared to a net outflow of ¥102.96 million in Q1 2024[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 22,459,234,670.31, up 2.83% from CNY 21,840,963,624.15 at the end of the previous year[5] - The company's total liabilities reached RMB 7,186,341,941.78, compared to RMB 6,914,199,771.52 at the end of 2024, indicating an increase of about 3.93%[15] - The total equity attributable to shareholders was RMB 15,280,577,293.52, up from RMB 14,932,523,259.55, representing a growth of approximately 2.32%[15] - The company's cash and cash equivalents stood at RMB 6,022,888,363.68, slightly down from RMB 6,046,653,169.48, a decrease of about 0.39%[13] - Accounts receivable increased to RMB 1,845,804,836.83 from RMB 1,546,169,656.15, marking a significant rise of approximately 19.39%[13] - Inventory levels rose to RMB 2,329,048,721.54, compared to RMB 1,911,049,471.89, reflecting an increase of around 21.83%[14] - The company's short-term borrowings increased to RMB 21,518,212.11 from RMB 16,961,930.15, a rise of approximately 27.06%[14] - The total current liabilities amounted to RMB 5,926,193,304.35, compared to RMB 5,610,709,417.40, indicating an increase of about 5.62%[15] - The total non-current assets decreased to RMB 8,358,219,497.22 from RMB 8,606,513,618.04, a decline of about 2.88%[14] Tax and Expenses - The company reported a significant decrease of 96.32% in income tax expenses, influenced by changes in corporate income tax policies[7] - The company experienced a credit impairment loss of approximately ¥196.81 million in Q1 2025, compared to ¥180.93 million in Q1 2024, indicating a deterioration in credit quality[19] - Other comprehensive income after tax for Q1 2025 was approximately ¥24.77 million, a significant recovery from a loss of ¥22.27 million in Q1 2024[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,497, with the largest shareholder, Shandong Publishing Group Co., Ltd., holding 79.52% of the shares[10] - The weighted average return on equity increased to 2.14%, up 0.73 percentage points from 1.41% in the previous year[5]