YILI(SH:600887)2025-04-29 14:48Financial Performance - The company's operating revenue for Q1 2025 was CNY 32,938,299,808.43, representing a year-on-year increase of 1.46% compared to CNY 32,462,896,350.54 in the same period last year[4]. - The net profit attributable to shareholders decreased by 17.71% to CNY 4,874,104,242.93 from CNY 5,922,814,507.71 in the previous year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 24.19% to CNY 4,629,303,049.44 from CNY 3,727,609,925.90 year-on-year[4]. - The basic and diluted earnings per share were both CNY 0.77, down 17.20% from CNY 0.93 in the previous year[4]. - The weighted average return on equity decreased by 1.78 percentage points to 8.74% from 10.52% year-on-year[4]. - The company reported a net profit margin of approximately 17.39% for Q1 2025, down from 21.23% in Q1 2024[18]. - The total comprehensive income for Q1 2025 was CNY 5.22 billion, compared to CNY 5.56 billion in Q1 2024[19]. - Net profit for Q1 2025 was CNY 4.95 billion, a decrease of 17% compared to CNY 5.95 billion in Q1 2024[19]. - The company's operating profit for Q1 2025 was ¥7.69 billion, down from ¥8.26 billion in Q1 2024, a decrease of about 7.0%[30]. Cash Flow - The net cash flow from operating activities decreased significantly by 58.19% to CNY 948,079,882.53 from CNY 2,267,600,204.82 in the same period last year[4]. - The decline in net cash flow from operating activities was primarily due to a decrease in advance payments from distributors, leading to reduced cash receipts from sales[8]. - Cash flow from operating activities for Q1 2025 was CNY 948 million, a decline of 58% from CNY 2.27 billion in Q1 2024[23]. - The total cash inflow from operating activities in Q1 2025 was ¥25,685,722,671.82, compared to ¥29,043,491,510.57 in Q1 2024, showing a decline[32]. - The cash outflow for purchasing goods and services in Q1 2025 was ¥20,628,737,292.77, down from ¥28,656,761,235.64 in Q1 2024[32]. - The net cash flow from financing activities in Q1 2025 was ¥1,121,546,197.36, down from ¥9,943,111,365.70 in Q1 2024, reflecting a decrease in financing activities[32]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 154,847,139,953.19, an increase of 0.73% from CNY 153,718,003,927.97 at the end of the previous year[4]. - Current assets totaled ¥70.63 billion, up from ¥66.62 billion at the end of 2024, reflecting a growth of 3.02%[14]. - Current liabilities decreased to ¥88.18 billion from ¥89.92 billion, a reduction of 1.94%[15]. - Non-current liabilities decreased significantly from ¥6.79 billion to ¥4.35 billion, a decline of 35.98%[15]. - The company's total current liabilities amounted to ¥81.71 billion as of March 31, 2025, compared to ¥80.34 billion at the end of 2024, showing a slight increase of 1.7%[28]. - The total equity attributable to shareholders increased to ¥58.34 billion from ¥53.18 billion, a growth of 9.99%[15]. Research and Development - Research and development expenses rose to ¥191.33 million, an increase of 31.67% compared to ¥145.36 million in Q1 2024[18]. - Research and development expenses for Q1 2025 were ¥172.15 million, up from ¥122.85 million in Q1 2024, reflecting a growth of approximately 40.2%[30]. Investment Activities - Cash flow from investing activities in Q1 2025 was negative CNY 1.61 billion, slightly worse than negative CNY 1.59 billion in Q1 2024[24]. - The company received CNY 20.59 billion from investment recoveries in Q1 2025, a significant increase from CNY 633 million in Q1 2024[24]. - The total cash inflow from investment activities in Q1 2025 was ¥23,929,852,825.34, compared to ¥7,771,491,596.20 in Q1 2024, indicating a substantial increase[32]. - The net cash flow from investment activities in Q1 2025 was ¥2,341,007,257.30, compared to ¥5,551,524,409.52 in Q1 2024, showing a decline[32]. Tax and Expenses - The company reported a tax expense of CNY 808 million in Q1 2025, down from CNY 968 million in Q1 2024[19].