xilinmen(603008)2025-04-28 07:50Financial Performance - The company's revenue for Q1 2025 was CNY 1,730,221,468.28, a decrease of 1.76% compared to CNY 1,761,132,019.31 in the same period last year[4]. - Net profit attributable to shareholders was CNY 71,100,006.20, down 4.02% from CNY 74,079,494.92 year-on-year[4]. - The net profit after deducting non-recurring gains and losses was CNY 59,952,541.07, representing a decline of 19.31% compared to CNY 74,303,818.09 in the previous year[4]. - Total revenue for Q1 2025 was CNY 1,730,221,468.28, a decrease of 1.8% compared to CNY 1,761,132,019.31 in Q1 2024[19]. - Net profit for Q1 2025 was CNY 68,090,361.25, a decline of 9.4% from CNY 75,474,696.36 in Q1 2024[20]. - Operating profit for Q1 2025 was CNY 77,982,007.55, compared to CNY 85,977,751.71 in Q1 2024, reflecting a decrease of 9.2%[20]. - The total comprehensive income for Q1 2025 was CNY 64,042,983.01, compared to CNY 67,474,654.77 in Q1 2024, showing a decrease of 5.4%[21]. - The company reported a basic earnings per share of CNY 0.19 for both Q1 2025 and Q1 2024, indicating stability in earnings per share[21]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 8,688,770,576.23, a decrease of 2.43% from CNY 8,904,781,941.06 at the end of the previous year[5]. - Total liabilities as of the reporting date were CNY 4,703,767,366.63, a decrease from CNY 4,983,821,714.47 in the previous period[16]. - Shareholders' equity attributable to the parent company increased by 1.78% to CNY 3,834,789,054.84 from CNY 3,767,736,426.88 at the end of the previous year[5]. - The total current assets decreased to CNY 4.63 billion from CNY 4.88 billion, a decline of about 5.1%[14]. - Non-current assets totaled approximately CNY 4.06 billion, a slight increase from CNY 4.02 billion[14]. Cash Flow - The cash flow from operating activities showed a net outflow of CNY 449,195,680.76, compared to an outflow of CNY 327,952,119.82 in the same period last year[4]. - In Q1 2025, the cash inflow from operating activities was approximately 2.25 billion in Q1 2024[24]. - The net cash outflow from operating activities was approximately -327.95 million in Q1 2024[25]. - The cash inflow from financing activities was approximately 1.32 billion in Q1 2024[26]. - The net cash outflow from financing activities was 202.68 million in Q1 2024[26]. - The ending cash and cash equivalents balance for Q1 2025 was approximately 1.26 billion in Q1 2024[26]. - The company received approximately 1.24 billion in Q1 2024[25]. - The company paid approximately 1.10 billion in Q1 2024[25]. - The cash received from tax refunds was approximately 37.85 million in Q1 2024[24]. - The company reported a total cash outflow from operating activities of approximately 2.57 billion in Q1 2024[25]. Shareholder Information - The largest shareholder, Zhejiang Huayi Intelligent Manufacturing Co., Ltd., holds 22.38% of the shares, while the second largest, Shaoxing Yuecheng Huahan Equity Investment Partnership, holds 9.71%[10]. - The combined control of the major shareholders amounts to 35.33% of the company's shares[11]. - The company has not reported any significant changes in the financing and securities lending activities of its top shareholders[12]. - The company repurchased 7,550,400 shares, accounting for 1.99% of the total share capital[12]. Operating Costs and Expenses - Total operating costs for Q1 2025 were CNY 1,674,161,798.20, slightly down from CNY 1,679,724,226.31 in Q1 2024[19]. - Research and development expenses for Q1 2025 were CNY 34,146,558.83, down from CNY 44,750,779.71 in Q1 2024, indicating a reduction of 23.7%[19]. - The company’s financial expenses increased to CNY 8,642,605.24 in Q1 2025 from CNY 6,174,497.52 in Q1 2024, reflecting a rise of 39.9%[20]. Inventory and Receivables - Accounts receivable decreased to CNY 1.04 billion from CNY 1.10 billion, reflecting a reduction of about 5.5%[14]. - Inventory increased slightly to CNY 909.22 million from CNY 896.69 million, indicating a growth of approximately 1.4%[14]. - The company reported a significant increase in prepayments by 68.21%, primarily due to prepayment for brand promotion expenses[7]. - Long-term borrowings increased by 110.36%, indicating a rise in financing activities during the period[7]. - Cash flow from financing activities decreased by 74.28%, mainly due to increased repayments[7].