HOMEY(SH:600467)2025-04-29 12:08Financial Performance - The company's operating revenue for Q1 2025 was CNY 206.91 million, a decrease of 8.16% compared to CNY 225.29 million in the same period last year[3]. - Net profit attributable to shareholders was CNY 6.58 million, down 11.75% from CNY 7.45 million year-on-year[3]. - The net profit after deducting non-recurring gains and losses was CNY 2.98 million, a significant increase of 131.28% compared to a loss of CNY 9.54 million in the previous year[3]. - Operating profit for Q1 2025 was ¥5,790,071.98, compared to ¥6,792,070.17 in Q1 2024, reflecting a decline of 14.8%[18]. - Net profit for Q1 2025 was ¥6,564,551.32, down 9.6% from ¥7,257,991.01 in Q1 2024[18]. - The net profit for the first quarter of 2025 was CNY 39.90 million, a significant recovery from a net loss of CNY 69.48 million in the first quarter of 2024[27]. Cash Flow - The net cash flow from operating activities increased by 43.26% to CNY 48.22 million, compared to CNY 33.66 million in the same period last year[3]. - Cash flow from operating activities for Q1 2025 was ¥48,217,686.36, an increase of 43.4% from ¥33,657,476.36 in Q1 2024[21]. - In Q1 2025, the net cash flow from operating activities was ¥52,748,038.35, a significant increase from ¥8,379,132.80 in Q1 2024, reflecting improved operational efficiency[29]. - The company reported a net increase in cash and cash equivalents of -¥7,530,035.64 in Q1 2025, compared to -¥28,135,661.96 in Q1 2024, indicating improved cash management[30]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6.99 billion, an increase of 4.15% from CNY 6.72 billion at the end of the previous year[4]. - Total current assets rose to ¥1,697,189,237.66, up from ¥1,405,897,990.32, indicating an increase of 20.7%[12]. - Total liabilities increased to ¥3,567,994,100.49 from ¥3,295,269,036.31, marking a rise of 8.3%[14]. - The company's total liabilities increased to CNY 3.29 billion from CNY 3.03 billion, indicating a rise of approximately 8.7%[26]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 84,948[9]. - The largest shareholder, Haodangjia Group Co., Ltd., holds 573,470,990 shares, accounting for 39.25% of total shares[10]. Research and Development - Research and development expenses rose by 50.71%, reflecting a decrease in R&D costs by CNY 964,000[7]. - Research and development expenses for the first quarter of 2025 were CNY 705.66 thousand, down 57.8% from CNY 1.67 million in the first quarter of 2024[28]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 2.10 million, which had a continuous impact on its profits[5]. - The company reported an investment income of CNY 49.50 million in the first quarter of 2025, with no comparable figure from the previous year[28]. Financial Expenses - The company reported a significant increase in interest expenses, rising to ¥42,415,601.05 in Q1 2025 from ¥27,089,761.42 in Q1 2024[18]. - The company's financial expenses increased to CNY 35.70 million in the first quarter of 2025, compared to CNY 26.37 million in the same period last year, reflecting an increase of approximately 35.5%[28]. Inventory and Costs - The company reported a total of ¥929,374,980.15 in inventory, up from ¥823,393,050.70, which is an increase of 12.9%[12]. - Total operating costs for Q1 2025 were ¥202,292,993.19, down 15.9% from ¥240,379,356.61 in Q1 2024[17]. - The cash paid for purchasing goods and services was ¥38,415,861.38 in Q1 2025, down from ¥45,273,000.43 in Q1 2024, suggesting cost control measures[29].