惠泉啤酒(600573) - 2025 Q1 - 季度财报

Sales Performance - In Q1 2025, the company achieved beer sales of 50,935.26 thousand liters, a year-on-year increase of 1.07%[2] - The sales revenue from mid-to-high-end products was 95,482,599.33 RMB, showing a year-on-year increase of 0.92%[8] Financial Performance - The company's operating revenue for the same period was 141,310,187.56 RMB, reflecting a growth of 0.35% compared to the previous year[3] - The total profit reached 880.89 thousand RMB, marking a significant increase of 38.42% year-on-year[2] - Net profit attributable to shareholders was 6,316,959.72 RMB, up 23.72% from the same period last year[3] - The basic earnings per share increased by 25.00% to 0.025 RMB per share[5] - Total operating revenue for Q1 2025 was ¥141,310,187.56, a slight increase from ¥140,815,912.10 in Q1 2024, representing a growth of approximately 0.35%[21] - Net profit for Q1 2025 was ¥6,103,296.39, up from ¥4,983,246.47 in Q1 2024, indicating an increase of approximately 22.5%[22] - The company’s total profit for Q1 2025 was ¥8,808,907.54, compared to ¥6,363,934.56 in Q1 2024, marking an increase of approximately 38.4%[22] Asset and Liability Management - The company's total assets at the end of the reporting period were 1,683,747,733.29 RMB, a slight increase of 0.16% from the end of the previous year[5] - The company's current assets totaled RMB 1,360,779,329.55, compared to RMB 1,353,401,583.81 at the end of 2024, indicating a growth of approximately 0.3%[17] - Total liabilities were RMB 370,599,618.21, slightly down from RMB 374,014,496.59 at the end of 2024[18] - The company's equity attributable to shareholders reached RMB 1,303,911,692.53, an increase from RMB 1,297,594,732.81[18] - The total current liabilities amounted to RMB 370,493,756.47, slightly down from RMB 373,908,634.85[18] Cash Flow and Investments - Cash flow from operating activities in Q1 2025 was ¥39,825,027.04, down from ¥54,038,792.45 in Q1 2024, a decline of about 26.3%[23] - Cash flow from investing activities showed a net outflow of ¥48,601,129.90 in Q1 2025, an improvement from a net outflow of ¥73,376,670.07 in Q1 2024[24] - The company received ¥153,000,000.00 from other investment-related cash in Q1 2025, significantly higher than ¥50,000,000.00 in Q1 2024[23] Operational Efficiency - The company continues to focus on high-quality development and strategic growth, aiming to enhance operational efficiency[2] - The number of distributors in Fujian province increased by 8, totaling 412, while the number of distributors outside Fujian decreased by 18, totaling 357[13] - The cash and cash equivalents were reported at RMB 1,247,461,020.88, a decrease from RMB 1,255,991,263.64 in the previous period[17] - The inventory decreased to RMB 61,333,255.42 from RMB 70,462,406.76, reflecting a decline of about 13%[17] - The accounts payable decreased to RMB 108,187,753.82 from RMB 111,920,290.43, showing a reduction of approximately 3.3%[18] - The company's retained earnings increased to RMB 415,747,793.70 from RMB 409,430,833.98, reflecting a growth of about 1.8%[18] - The short-term borrowings remained stable at RMB 82,000,000.00, unchanged from the previous period[18] - Total operating costs decreased to ¥133,868,443.93 in Q1 2025 from ¥134,825,120.52 in Q1 2024, a reduction of about 0.71%[21] - The company reported a decrease in sales expenses from ¥12,798,055.15 in Q1 2024 to ¥9,719,633.90 in Q1 2025, a reduction of about 24.4%[21]