九阳股份(002242) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was CNY 1,999,944,950.10, representing a decrease of 3.17% compared to CNY 2,065,327,130.90 in the same period last year[4] - Net profit attributable to shareholders was CNY 101,488,347.36, down 21.91% from CNY 129,962,893.25 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 106,503,121.32, a decrease of 15.08% compared to CNY 125,416,859.18 in the previous year[4] - Basic and diluted earnings per share were both CNY 0.14, a decrease of 17.65% from CNY 0.17 in the previous year[4] - The weighted average return on equity decreased by 0.80 percentage points to 2.87% from 3.67% year-on-year[4] - Total operating revenue for the current period was ¥1,999,944,950.10, a decrease of 3.2% from ¥2,065,327,130.90 in the previous period[19] - Net profit for the current period was ¥100,981,404.53, representing a decline of 22.5% compared to ¥130,444,314.25 in the previous period[20] - Earnings per share (basic and diluted) decreased to ¥0.14 from ¥0.17, reflecting a 17.6% decline[21] Cash Flow and Assets - The net cash flow from operating activities was CNY 245,581,933.84, down 21.62% from CNY 313,309,588.31 in the same period last year[4] - Cash flow from operating activities generated a net amount of ¥245,581,933.84, down 21.7% from ¥313,309,588.31[22] - Cash and cash equivalents at the end of the reporting period are 3,179,376,594.14 CNY, up from 2,823,683,353.49 CNY at the beginning[16] - The ending balance of cash and cash equivalents was $2,669,237,085.75, an increase from $2,401,853,909.52 in the previous period[23] - The net increase in cash and cash equivalents was $359,998,492.04, compared to $410,864,211.58 in the previous period[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 43,644[13] - The largest shareholder, Shanghai Lihong Enterprise Management Co., Ltd., holds 50.13% of shares, totaling 384,523,746 shares[13] - The second largest shareholder, Bilting Developments Limited, holds 16.94% of shares, totaling 129,924,090 shares[13] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,639,301,001.71, an increase of 0.70% from CNY 7,586,185,728.31 at the end of the previous year[4] - Total current assets at the end of the reporting period amount to 5,859,525,552.59 CNY, an increase from 5,775,538,673.62 CNY at the beginning of the period[17] - Total liabilities amount to 4,022,606,494.18 CNY, slightly down from 4,044,831,861.82 CNY at the beginning of the period[17] - Total liabilities decreased to ¥4,063,841,125.95 from ¥4,092,220,883.38, a reduction of 0.7%[18] Investment and Expenses - The company reported a significant decrease in investment income, down 87.66% to CNY 496,580.43 from CNY 4,025,380.32 in the previous year[11] - The company experienced a 1223.77% decline in fair value changes, resulting in a loss of CNY 6,266,325.65 compared to a loss of CNY 473,369.89 in the previous year[11] - Research and development expenses were ¥88,100,577.84, slightly up from ¥87,751,212.71, indicating a focus on innovation[20] - The company reported a decrease in sales expenses to ¥262,541,273.56 from ¥254,209,405.98, reflecting a strategic cost management approach[20] Other Financial Information - Other comprehensive income after tax was negative at -¥2,316,273.70, compared to a positive ¥2,256,230.27 in the previous period[20] - The net cash flow from investment activities was $144,089,380.84, an increase from $104,142,816.15 in the previous period[23] - Cash outflow from investment activities totaled $38,069,806.35, down from $130,101,373.38 in the prior period[23] - The net cash flow from financing activities was -$33,492,246.11, compared to -$8,748,029.07 in the previous period, indicating increased cash outflows[23] - The impact of exchange rate changes on cash and cash equivalents was $3,819,423.47, up from $2,159,836.19 in the prior period[23] Audit and Accounting Standards - The company did not undergo an audit for the first quarter report[24] - The new accounting standards will be implemented starting in 2025[25]