森马服饰(002563) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥3,078,754,281.52, a decrease of 1.93% compared to ¥3,139,311,437.98 in the same period last year[5] - Net profit attributable to shareholders was ¥214,367,053.13, down 38.12% from ¥346,443,875.90 year-on-year[5] - Basic and diluted earnings per share both decreased by 38.46%, from ¥0.13 to ¥0.08[5] - Total operating revenue for the current period is ¥3,078,754,281.52, a decrease of 1.93% from ¥3,139,311,437.98 in the previous period[23] - Net profit for the current period is ¥212,993,803.10, down 38.1% from ¥345,304,131.13 in the previous period[24] - Operating profit decreased to ¥288,408,918.91, a decline of 36.0% from ¥450,785,045.37 in the previous period[24] - The total comprehensive income for the current period is ¥214,151,026.58, down from ¥341,252,578.37 in the previous period[24] - The total comprehensive income attributable to the parent company was CNY 215,524,276.61, down from CNY 342,392,323.14 in the previous period, representing a decrease of approximately 37%[25] Cash Flow - The net cash flow from operating activities was ¥152,533,690.47, representing a significant decline of 81.71% compared to ¥833,987,358.15 in the previous year[5] - Cash inflow from operating activities totaled CNY 3,944,939,978.48, compared to CNY 3,846,253,863.61 in the prior period, showing a slight increase of about 2.6%[25] - Cash outflow from operating activities increased to CNY 3,792,406,288.01 from CNY 3,012,266,505.46, marking an increase of approximately 25.8%[25] - Cash flow from investing activities resulted in a net outflow of CNY 123,919,371.74, compared to a net outflow of CNY 15,869,362.90 in the previous period, indicating a worsening of approximately 680%[26] - Cash flow from financing activities showed a net outflow of CNY 82,042,140.04, compared to a net outflow of CNY 753,384,504.55 in the prior period, reflecting an improvement of about 89%[26] - The ending balance of cash and cash equivalents was CNY 6,023,974,704.55, down from CNY 8,158,877,290.76, representing a decrease of approximately 26.2%[26] - The company received CNY 2,678,440.00 from investment activities, a decrease from CNY 4,000,000.00 in the previous period, indicating a decline of about 33%[26] - The company reported a significant increase in cash received from investment recoveries, totaling CNY 2,935,837,230.35, compared to CNY 105,754,957.04 in the prior period, representing an increase of approximately 2,676%[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥18,794,716,920.39, down 1.60% from ¥19,100,703,356.69 at the end of the previous year[5] - The company's total assets as of the latest report amount to ¥18,794,716,920.39, a decrease from ¥19,100,703,356.69 at the beginning of the period[19] - Cash and cash equivalents decreased to ¥6,232,473,666.20 from ¥6,285,081,629.10, indicating a decline of approximately 0.84%[19] - The company's inventory decreased to ¥3,347,308,962.18 from ¥3,481,423,549.29, reflecting a reduction of about 3.84%[20] - The total liabilities decreased to ¥6,742,137,683.90 from ¥7,274,043,740.05, reflecting a reduction of 7.33%[21] - Total equity attributable to shareholders increased to ¥12,054,949,166.91 from ¥11,830,344,557.93, an increase of 1.89%[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 25,064, with the top ten shareholders holding significant stakes[10] - As of March 31, 2025, Qiu Jianqiang holds 359,442,552 shares, accounting for 13.34% of the total share capital, with 136,780,000 shares pledged, representing 5.08% of total share capital and 38.05% of his holdings[13] Strategic Plans - The company plans to focus on expanding its market presence and enhancing product development strategies in the upcoming quarters[5] Other Financial Metrics - The company reported a tax expense of ¥74,438,263.31, down from ¥104,541,063.96, a decrease of 28.8%[24] - Research and development expenses were ¥41,644,818.76, a decrease of 10.5% from ¥46,328,736.81 in the previous period[24] - Other comprehensive income after tax for the current period is ¥1,157,223.48, compared to a loss of ¥4,051,552.76 in the previous period[24] - Non-recurring gains and losses totaled ¥20,817,312.30, with government subsidies contributing ¥12,835,781.25[6] - The company reported a significant increase in trading financial assets, rising to ¥1,190,338,663.44 from ¥938,955,261.71, an increase of approximately 26.69%[19] - The total amount invested in asset custody plans reached ¥131,492,022.43, focusing on low-risk investments[18] - The company approved a stock option incentive plan on September 24, 2024, granting 97,233,500 stock options at an exercise price of ¥3.69 per option[16] - The company plans to cancel 39,145,520 stock options due to unmet performance targets for the first exercise period[17]