WFDSJ(SH:601010)2025-04-29 14:53Financial Performance - The company's operating revenue for Q1 2025 was CNY 484.58 million, a decrease of 13.14% compared to CNY 557.90 million in the same period last year[2]. - Net profit attributable to shareholders was CNY 29.95 million, down 43.45% from CNY 52.97 million year-on-year[2]. - Basic and diluted earnings per share were both CNY 0.02, reflecting a decrease of 33.33% from CNY 0.03 in the same period last year[2]. - Operating profit for Q1 2025 was ¥46,569,264.46, a decrease of 42.14% compared to ¥80,540,399.04 in Q1 2024[17]. - Net profit for Q1 2025 was ¥29,892,744.13, representing a decline of 43.49% from ¥52,865,617.07 in Q1 2024[18]. Cash Flow - The net cash flow from operating activities was negative CNY 64.12 million, a significant decline compared to a positive CNY 2.87 million in the previous year, representing a decrease of 2,336.26%[2]. - Cash flow from operating activities for Q1 2025 was negative at -¥64,120,787.89, compared to a positive cash flow of ¥2,867,318.35 in Q1 2024[20]. - The net cash flow from investing activities was -$27.64 million, a decrease from $36.42 million in the previous period[22]. - The net increase in cash and cash equivalents was -$69.70 million, contrasting with a positive increase of $67.87 million in the previous period[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6.36 billion, a decrease of 1.14% from CNY 6.43 billion at the end of the previous year[2]. - The company's total liabilities amounted to ¥1,906,804,206.49, down from ¥2,010,577,573.83 in the previous period[15]. - The company's cash and cash equivalents decreased to RMB 623,286,745.79 from RMB 701,469,512.56, reflecting a decline of approximately 11.1%[13]. - The total current liabilities decreased to RMB 1,781,024,381.56 from RMB 1,877,841,595.97, indicating a reduction of about 5.1%[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 112,567[6]. - Jiangsu Wenfeng Group Co., Ltd. held 24.07% of the shares, while Zheng Suzhen held 14.88%[7]. - The controlling shareholder, Jiangsu Wenfeng Group Co., Ltd., holds 444,724,567 shares, accounting for 24.07% of the total share capital[9]. Investment and Inventory - The company’s long-term equity investments increased significantly to RMB 50,000,702.14 from RMB 702.14, showing a substantial growth[13]. - The company’s inventory increased to RMB 307,602,040.25 from RMB 296,384,524.17, representing an increase of approximately 3.7%[13]. - The total non-current assets rose to RMB 5,115,320,900.71 from RMB 5,006,222,072.94, indicating an increase of about 2.2%[14]. Cost Management - Total operating costs for Q1 2025 were ¥440,996,287.38, down 7.77% from ¥478,127,160.11 in Q1 2024[17]. - The company reported a decrease in sales expenses to ¥70,892,330.78 from ¥79,009,833.41 in Q1 2024, reflecting a cost control strategy[17]. Future Plans - The company plans to implement new accounting standards starting in 2025[22].