Daimay(SH:603730)2025-04-29 13:13Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,592,834,660.31, a slight increase of 0.22% compared to CNY 1,589,268,589.07 in the same period last year[3]. - Net profit attributable to shareholders increased by 7.10% to CNY 208,991,180.87 from CNY 195,127,615.85 year-on-year[3]. - Basic and diluted earnings per share both improved by 8.33% to CNY 0.13 from CNY 0.12 in the same period last year[4]. - The company reported a net profit margin improvement, with net profit for Q1 2025 expected to be higher than the previous year, although specific figures were not disclosed[15]. - The net profit for the first quarter of 2025 was CNY 208,991,180.87, an increase of 7.4% compared to CNY 195,127,615.85 in the first quarter of 2024[16]. - The total revenue from operating activities was CNY 2,090,103,390.25, up from CNY 1,876,667,962.87 in the same period last year, representing an increase of 11.3%[19]. Cash Flow and Liquidity - The net cash flow from operating activities rose significantly by 24.23% to CNY 195,904,317.95 compared to CNY 157,691,526.41 in the previous year[3]. - Cash and cash equivalents as of March 31, 2025, were RMB 1,155,951,276.02, compared to RMB 1,178,988,446.21 as of December 31, 2024, showing a decline of approximately 1.9%[11]. - The cash flow from operating activities netted CNY 195,904,317.95, compared to CNY 157,691,526.41 in the previous year, reflecting a growth of 24.2%[20]. - The cash and cash equivalents at the end of the period were CNY 1,155,951,268.33, compared to CNY 1,066,221,102.72 at the end of the first quarter of 2024, indicating an increase of 8.4%[21]. - The company’s investment activities resulted in a net cash outflow of CNY -277,414,781.54, compared to a net inflow of CNY 37,589,536.48 in the previous year[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,548,274,973.06, reflecting a 2.38% increase from CNY 7,372,560,133.03 at the end of the previous year[4]. - Total assets as of March 31, 2025, were RMB 7,548,274,973.06, up from RMB 7,372,560,133.03, reflecting an increase of about 2.4%[13]. - Total liabilities as of March 31, 2025, were RMB 2,562,442,768.74, slightly up from RMB 2,557,671,196.47, indicating a marginal increase of about 0.2%[14]. - Shareholders' equity increased to RMB 4,985,832,204.32 from RMB 4,814,888,936.56, representing a growth of approximately 3.5%[14]. Shareholder Information - The top shareholder, Zhejiang Zhoushan Daimai Investment Co., Ltd., holds 56.37% of the shares, totaling 931,693,389 shares[7]. - The total number of ordinary shareholders at the end of the reporting period was 18,004[6]. Operating Costs and Expenses - Total operating costs for Q1 2025 were RMB 1,343,727,065.92, down from RMB 1,354,715,932.40 in Q1 2024, reflecting a decrease of about 0.8%[15]. - The company reported a significant increase in sales expenses, totaling CNY 28,723,618.44, up from CNY 26,081,271.27, which is an increase of 10.0%[16]. - Research and development expenses rose to CNY 50,289,839.75, compared to CNY 49,387,929.29, marking a 1.8% increase[16]. - The company experienced a decrease in financial expenses, reporting a net financial income of CNY -3,306,315.32, compared to CNY 17,490,117.63 in the previous year[16]. Government Subsidies and Non-Recurring Items - The company received government subsidies amounting to CNY 740,775.67, which are closely related to its normal business operations[5]. - The total amount of non-recurring gains and losses for the period was CNY 2,956,977.23 after tax adjustments[5]. Comprehensive Income - The total comprehensive income for the first quarter was CNY 170,941,300.25, slightly down from CNY 176,002,524.33 in the first quarter of 2024[17].