Financial Performance - The company's revenue for Q1 2025 was CNY 441,541,400.52, representing a year-on-year increase of 19.98% compared to CNY 368,013,778.18 in the same period last year[4] - Net profit attributable to shareholders was CNY 44,118,698.94, up 16.99% from CNY 37,711,414.35 in the previous year[4] - The basic earnings per share increased to CNY 0.1728, reflecting a growth of 16.99% compared to CNY 0.1477 in the same period last year[4] - Total operating revenue for Q1 2025 reached ¥441.54 million, a 20% increase from ¥368.01 million in Q1 2024[16] - Net profit for Q1 2025 was ¥44.33 million, representing a 19% increase compared to ¥37.35 million in Q1 2024[17] - Operating profit for Q1 2025 was ¥50.91 million, an increase of 19% from ¥42.80 million in Q1 2024[17] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,175,938,308.00, an increase of 2.70% from CNY 2,118,773,194.72 at the end of the previous year[5] - Total assets as of March 31, 2025, amounted to CNY 2,175,938,308, an increase from CNY 2,118,773,194.72 at the end of 2024[12] - Total liabilities increased to CNY 1,059,286,652.92 from CNY 1,046,454,664.82[13] - Shareholders' equity rose to CNY 1,116,651,655.08 from CNY 1,072,318,529.90[14] Cash Flow - The company's cash flow from operating activities was CNY 9,502,983.24, a significant recovery from a negative cash flow of CNY -78,724,004.67 in the previous year[4] - Cash flow from operating activities for Q1 2025 was ¥9.50 million, a significant improvement from a negative cash flow of ¥78.72 million in Q1 2024[21] - The company experienced a net cash outflow from investing activities of ¥95.94 million in Q1 2025, compared to a net outflow of ¥53.19 million in Q1 2024[21] Expenses - Sales expenses increased by 35.74% due to growth in sales scale, while management expenses rose by 44.09% driven by personnel growth and increased advertising costs[7] - Total operating costs for Q1 2025 were ¥392.25 million, up 19% from ¥330.04 million in Q1 2024[16] - Research and development expenses for Q1 2025 were ¥14.20 million, an increase of 23% from ¥11.54 million in Q1 2024[16] Other Income and Financial Metrics - The company reported a 53.52% increase in other income, attributed to government subsidies and increased VAT deductions[7] - The company reported other income of ¥3.99 million in Q1 2025, compared to ¥2.60 million in Q1 2024[17] - The weighted average return on equity decreased slightly to 4.11%, down 0.11 percentage points from 4.22% at the end of the previous year[5] Shareholder Information - The company has a total of 21 common shareholders as of the reporting period[10] - The top 10 shareholders hold a combined 77,843,900 shares, representing 30.4% of total shares[10] Current Assets - Current assets decreased slightly to CNY 974,065,042.15 from CNY 978,691,399.88[12] - Cash and cash equivalents were CNY 126,369,229.19, down from CNY 153,844,100.35[12] - Accounts receivable totaled CNY 500,808,089.36, a decrease from CNY 515,761,697.86[12] - Inventory decreased to CNY 198,638,697.84 from CNY 219,431,699.52[12] Borrowings - Long-term borrowings increased by 45.15% as the company raised funds to meet its financial needs[7]
泰鸿万立(603210) - 2025 Q1 - 季度财报