YTG(000975)2025-04-21 11:15Financial Performance - The company's operating revenue for Q1 2025 was ¥4,321,458,558.69, representing a 55.84% increase compared to ¥2,773,050,924.21 in the same period last year[5] - Net profit attributable to shareholders was ¥693,834,528.45, up 37.91% from ¥503,090,992.72 year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥703,724,270.00, reflecting a 40.87% increase from ¥499,571,701.36 in the previous year[5] - Basic earnings per share increased to ¥0.2499, a rise of 37.91% compared to ¥0.1812 in the same period last year[5] - Operating profit for the current period was ¥1,008,344,937.54, an increase of 38.3% from ¥729,010,241.43 in the previous period[19] - The total comprehensive income for the current period was ¥771,497,275.06, an increase from ¥558,522,011.78 in the prior year[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥19,053,789,976.90, a 4.75% increase from ¥18,189,088,468.89 at the end of the previous year[5] - The company's current assets increased to CNY 6,441,216,598.80 from CNY 5,523,779,041.24, reflecting a growth of approximately 16.6%[15] - The company's inventory increased to CNY 1,310,534,114.15 from CNY 1,240,100,384.98, representing a growth of approximately 5.7%[15] - Total liabilities increased to CNY 3,463,122,596.88 from CNY 3,377,246,212.03, marking an increase of about 2.5%[16] - The company's equity remained stable with total equity at CNY 15,590,667,379.02, unchanged from the previous period[16] Cash Flow - The company's cash flow from operating activities was ¥981,531,108.63, down 6.82% from ¥1,053,341,413.49 in the previous year[5] - The company reported a net cash flow from operating activities of ¥981,531,108.63, slightly down from ¥1,053,341,413.49 in the prior year[21] - The company reported a significant increase in cash inflow from investment activities, totaling ¥7,028,124,051.28, compared to ¥1,749,405,386.70 in the previous period[21] - Net cash flow from investment activities was -587,196,612.12, a decrease compared to -32,445,242.42 in the previous period[22] - The net cash flow from financing activities was -97,757,128.39, worsening from -70,787,685.00 in the previous period[22] - The net increase in cash and cash equivalents was 289,085,844.59, down from 949,660,905.20 in the previous period[22] - The ending balance of cash and cash equivalents was 2,685,445,730.78, compared to 2,785,788,664.05 in the previous period[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,204[11] - The largest shareholder, Shandong Gold Mining Co., Ltd., holds 28.89% of the shares, totaling 802,251,840 shares[11] Production and Operations - The company reported a total production of 1.77 tons of gold and 22.05 tons of silver during the reporting period[9] - The gross profit margin for gold was 77.57%, while for silver it was 61.54%[9] Investments and Acquisitions - In January 2025, the company signed an agreement to acquire a 52.0709% stake in Yunnan Western Mining Co., which holds gold exploration rights over an area of 35.6 square kilometers[13] - The company also acquired exploration rights for gold and polymetallic minerals in the Mengwen area, covering 20.38 square kilometers[13] Accounts Receivable - The company reported a significant increase in accounts receivable, which rose to CNY 120,408,057.56 from CNY 21,112,052.01, reflecting a growth of approximately 471.5%[15] Research and Development - Research and development expenses increased to ¥13,589,545.00, up from ¥3,120,999.77, indicating a focus on innovation[18] Accounting Standards - The company did not undergo an audit for the first quarter report[23] - The new accounting standards will be implemented starting in 2025[24]