金陵饭店(601007) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 446,684,371.18, a decrease of 20.48% compared to CNY 561,690,825.86 in the same period last year[5] - Net profit attributable to shareholders was CNY 6,445,924.69, down 18.26% from CNY 7,886,253.27 year-on-year[5] - Basic and diluted earnings per share were both CNY 0.017, representing a decrease of 15.00% from CNY 0.020 in the same period last year[6] - Operating profit for Q1 2025 was RMB 17,822,338.64, a decline of 43.8% from RMB 31,735,143.68 in Q1 2024[23] - Net profit for Q1 2025 was RMB 18,287,112.62, down 42.8% compared to RMB 31,643,161.20 in Q1 2024[23] - The net profit for Q1 2025 is approximately $12.22 million, a decrease of 39.1% compared to $20.10 million in Q1 2024[24] - Basic and diluted earnings per share for Q1 2025 are both $0.017, down from $0.020 in Q1 2024[24] - The company reported a decrease in profit attributable to minority shareholders, with $5.77 million in Q1 2025 compared to $12.21 million in Q1 2024[24] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 18,416,049.16, a decline of 119.41% compared to CNY 94,867,390.32 in the previous year[6] - The operating cash flow for Q1 2025 is negative at approximately -$18.42 million, compared to a positive cash flow of $94.87 million in Q1 2024[27] - Cash and cash equivalents increased to RMB 548,488,722.97 as of March 31, 2025, up 88.5% from RMB 291,056,484.40 at the end of 2024[18] - The cash and cash equivalents at the end of Q1 2025 amount to approximately $487.95 million, up from $423.40 million at the end of Q1 2024[28] Assets and Liabilities - Total assets increased by 4.69% to CNY 3,474,860,611.18 from CNY 3,319,124,099.90 at the end of the previous year[6] - Total assets as of March 31, 2025, were RMB 3,474,860,611.18, an increase from RMB 3,319,124,099.90 at the end of 2024[20] - Total liabilities increased to RMB 1,091,720,317.97 as of March 31, 2025, compared to RMB 948,199,132.31 at the end of 2024[20] - Current liabilities totaled RMB 967,774,748.65 as of March 31, 2025, up from RMB 820,103,758.02 at the end of 2024[19] - Non-current assets decreased to RMB 1,886,997,124.31 as of March 31, 2025, from RMB 1,933,910,081.87 at the end of 2024[19] Acquisitions and Investments - The company completed the acquisition of 100% equity in Jinling Fast Food Company in October 2024, which is a subsidiary of its controlling shareholder, Jinling Hotel Group[6] - The net cash flow from investing activities for Q1 2025 is approximately $114.50 million, an increase of 101.5% compared to $56.94 million in Q1 2024[28] Shareholder Information - The top shareholder, Nanjing Jinling Hotel Group Co., Ltd., holds 43.50% of the shares, totaling 169,667,918 shares[13] Non-Recurring Gains and Losses - The company reported a total of CNY 1,237,818.37 in non-recurring gains and losses for the period[8] - The adjusted net profit excluding non-recurring gains and losses was CNY 5,208,106.32, an increase of 3.34% from CNY 5,039,890.65 in the previous year[5] Financial Expenses - The company reported a financial expense of RMB 1,770,901.99 in Q1 2025, significantly lower than RMB 4,688,112.20 in Q1 2024[23]