Financial Performance - The company's operating revenue for Q1 2025 reached RMB 3,041,060,802.19, a 53.6% increase compared to RMB 1,981,094,650.84 in Q1 2024[17]. - Net profit for Q1 2025 was RMB 830,191,011.15, up 197.5% from RMB 278,698,767.52 in Q1 2024[17]. - Basic earnings per share for Q1 2025 was RMB 0.17, compared to RMB 0.05 in Q1 2024[17]. - Total profit for Q1 2025 was RMB 656.16 million, a 101.5% increase from RMB 325.90 million in Q1 2024[20]. - Net profit for Q1 2025 was RMB 577.96 million, up 99.7% from RMB 289.64 million in Q1 2024[20]. - Basic earnings per share for Q1 2025 was RMB 0.15, compared to RMB 0.07 in Q1 2024[20]. - The company reported a significant increase in investment income, reaching RMB 73.58 million in Q1 2025 compared to RMB 26.57 million in Q1 2024[20]. Asset and Liability Management - As of March 31, 2025, the total assets of Zhaojin Mining Industry Company Limited amounted to RMB 56.21 billion, an increase from RMB 53.43 billion as of December 31, 2024, representing a growth of approximately 5.3%[7]. - Total assets increased from RMB 43,375,618,316.06 on December 31, 2024, to RMB 45,594,620,519.18 on March 31, 2025, reflecting a growth of 5.1%[14]. - Total liabilities rose from RMB 28.33 billion as of December 31, 2024, to RMB 30.37 billion as of March 31, 2025, indicating an increase of approximately 7.2%[9]. - Total liabilities rose from RMB 18,783,200,754.12 to RMB 20,430,163,129.02, an increase of 8.8%[14]. - The total equity attributable to the owners of the parent company increased from RMB 21.09 billion to RMB 21.78 billion, a rise of about 3.2%[9]. - The total equity attributable to shareholders increased from RMB 24,592,417,561.94 to RMB 25,164,457,390.16, a rise of 2.3%[14]. Cash Flow and Liquidity - The company's cash and cash equivalents increased from RMB 2.89 billion to RMB 3.62 billion, marking a growth of around 25.2%[7]. - The company's cash and cash equivalents increased significantly from RMB 741,485,498.45 to RMB 1,823,371,295.08, a growth of 146.2%[12]. - Cash flow from operating activities for Q1 2025 was RMB 952.57 million, reflecting strong operational performance[23]. - Cash flow from investing activities showed a net outflow of RMB 1,463.27 million, indicating significant investment in growth[23]. - Cash flow from financing activities generated a net inflow of RMB 1,237.01 million, primarily from borrowings[23]. - The total cash and cash equivalents increased by RMB 726.31 million during Q1 2025, indicating improved liquidity[23]. Borrowings and Investments - Short-term borrowings increased from RMB 4.28 billion to RMB 5.37 billion, reflecting a growth of approximately 24.7%[9]. - The long-term borrowings increased from RMB 5.41 billion to RMB 6.04 billion, indicating a growth of approximately 11.5%[9]. - The company’s long-term borrowings increased from RMB 3,337,525,000.00 to RMB 3,820,525,000.00, reflecting a growth of 14.5%[14]. Inventory and Expenses - The company's inventory rose from RMB 6.25 billion to RMB 6.39 billion, an increase of about 2.3%[7]. - Inventory levels rose from RMB 2,492,529,105.15 to RMB 2,574,368,853.88, indicating a 3.3% increase[12]. - The company reported a decrease in research and development expenses from RMB 61,319,600.92 in Q1 2024 to RMB 37,906,428.88 in Q1 2025, a reduction of 38.1%[17]. - Research and development expenses for Q1 2025 were RMB 31.34 million, down from RMB 40.06 million in Q1 2024[20]. Strategic Focus - The company continues to focus on expanding its market presence and enhancing its operational efficiency through strategic investments and financial management[4].
招金矿业(01818) - 2025 Q1 - 季度业绩