Xin Lang Cai Jing·2025-05-09 09:29Core Viewpoint - In the first quarter of 2025, Langzi Co., Ltd. experienced a decline in overall revenue but showed improvements in net profit and gross margin in certain business segments [2][3]. Financial Performance Summary - The total revenue for the first quarter of 2025 was approximately 1.399 billion yuan, a year-on-year decrease of 7.77% [2]. - The gross margin was 59.72%, an increase of 0.61 percentage points compared to the same period last year [2]. - The net profit attributable to shareholders was about 95 million yuan, up 5.12% year-on-year [2]. - The net cash flow from operating activities was approximately 174 million yuan, down 23.43% year-on-year [2]. - Basic earnings per share were 0.2153 yuan, an increase of 5.13% year-on-year [2]. - As of March 31, 2025, total assets were approximately 8.004 billion yuan, a 0.41% increase from the end of the previous year [2]. Business Segment Performance - Medical Aesthetics Segment: Revenue was approximately 670 million yuan, a decrease of 9.22% year-on-year; gross profit was about 369 million yuan, down 8.58% year-on-year; net profit attributable to shareholders was approximately 38.21 million yuan, a decrease of 36.94% [3]. - Women's Clothing Segment: Revenue was approximately 504 million yuan, a decrease of 5.74% year-on-year; gross profit was about 325 million yuan, down 5.52% year-on-year; net profit attributable to shareholders was approximately 36.63 million yuan, an increase of 21.21% [3]. - Infant and Child Segment: Revenue was approximately 221 million yuan, a decrease of 8.52% year-on-year; gross profit was about 137 million yuan, with a gross margin of 62.28%, up 1.78% year-on-year; net profit was 492,800 yuan, down 72.23% [3]. Investor Communication Insights - Various medical aesthetics brands showed mixed performance in Q1 2025, with Milan Baiyu's revenue decreasing by 8.74% to approximately 302.62 million yuan, while Jingfu Medical's revenue increased by 1.13% to approximately 125.20 million yuan [4]. - The company operated 41 medical aesthetics institutions as of the end of Q1 2025, including 12 comprehensive hospitals and 29 outpatient departments and clinics [4]. - The total inventory for the women's clothing segment was approximately 646 million yuan, a decrease of 4.75% from the end of the previous year, indicating improved inventory structure [4].