飞乐音响(600651) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥422,734,237.83, a decrease of 1.42% compared to ¥428,813,740.26 in the same period last year[4] - The net profit attributable to shareholders was ¥1,188,688.83, representing a significant decline of 89.55% from ¥11,375,212.15 year-on-year[4] - The basic earnings per share decreased by 90.00%, from ¥0.005 to ¥0.0005[4] - The weighted average return on equity fell by 0.42 percentage points, from 0.47% to 0.05%[4] - The company reported a significant decrease in investment income from joint ventures, impacting overall profitability[8] - Total operating revenue for Q1 2025 was ¥422,734,237.83, a decrease of 1.26% from ¥428,813,740.26 in Q1 2024[18] - Net profit for Q1 2025 was ¥1,369,783.73, a significant decline of 88.24% compared to ¥11,595,513.28 in Q1 2024[19] - The operating profit for Q1 2025 was ¥4,223,585.41, down 71.33% from ¥14,684,164.16 in Q1 2024[18] - The company recorded a total comprehensive income of ¥1,369,783.73 for Q1 2025, compared to ¥11,416,708.16 in Q1 2024[19] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥356,833.45, compared to -¥39,606,008.30 in the same period last year[4] - As of March 31, 2025, the total current assets amounted to RMB 2,438,816,188.37, a decrease of 2.0% from RMB 2,488,583,743.98 on December 31, 2024[13] - Cash and cash equivalents decreased to RMB 1,095,342,429.20 from RMB 1,128,457,701.03, reflecting a decline of 2.9%[13] - The total cash and cash equivalents at the end of the period amounted to $1,091,907,380.60, down from $998,939,281.21, reflecting a decrease of approximately 2.5%[22] - The cash flow from operating activities was not detailed, but the overall cash and cash equivalents decreased by $28,165,140.61 during the period[22] - The company made cash payments for the acquisition of fixed assets and other long-term assets totaling $14,714,542.40, compared to $13,920,030.89 in the prior period[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 60,226[10] - The largest shareholder, Shanghai Yidian Electronics (Group) Co., Ltd., holds 33.22% of the shares, totaling 832,892,472 shares[10] - The company has not reported any significant changes in shareholder structure or related party transactions during the reporting period[12] Liabilities and Equity - The total liabilities decreased to ¥1,614,181,630.69 in the latest reporting period from ¥1,758,875,468.60 previously[18] - The total equity attributable to shareholders increased slightly to ¥2,458,598,165.95 from ¥2,457,409,477.12[18] Operational Insights - The company recognized non-recurring gains of ¥14,541,628.51, primarily from government subsidies and asset disposals[6] - The company reported a decrease in sales revenue from customers, totaling ¥362,168,871.35 in Q1 2025, down from ¥369,917,904.31 in Q1 2024[21] - Total operating costs for Q1 2025 were ¥437,211,694.33, down 3.78% from ¥454,325,913.45 in Q1 2024[18] - The cash flow from financing activities resulted in a net outflow of -$14,797,226.39, which is a decrease of about 9.9% from -$16,432,353.05 in the prior period[22] - The company is set to implement new accounting standards starting in 2025, which may affect future financial reporting[22] Changes in Financial Position - Total assets at the end of the reporting period were ¥4,143,258,979.72, down 3.34% from ¥4,286,583,033.90 at the end of the previous year[5] - Total non-current assets decreased to RMB 1,704,442,791.35 from RMB 1,797,999,289.92, a decline of 5.2%[14] - The total assets decreased to RMB 4,143,258,979.72 from RMB 4,286,583,033.90, indicating a decrease of 3.3%[14] - Short-term borrowings decreased slightly to RMB 244,203,408.34 from RMB 249,555,922.51, a reduction of 2.0%[14] - Accounts payable decreased to RMB 345,498,475.93 from RMB 439,396,646.41, reflecting a significant decline of 21.4%[14] - The company reported an increase in other receivables to RMB 78,303,375.33 from RMB 9,523,607.21, a substantial increase of 720.5%[13]