Sinoma-int(600970)2025-04-23 08:35Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,014,740.77 million, a decrease of 1.37% compared to CNY 1,028,784.19 million in the same period last year[3] - Net profit attributable to shareholders was CNY 66,308.46 million, representing a 4.19% increase from CNY 63,639.36 million year-on-year[3] - The net profit after deducting non-recurring gains and losses was CNY 59,895.86 million, down 8.38% from CNY 65,376.72 million in the previous year[3] - Total operating costs for the first quarter of 2025 were CNY 9,361,675,556.79, a decrease from CNY 9,483,558,361.68 in the same period of 2024, representing a reduction of approximately 1.29%[16] - Net profit for the first quarter of 2025 was CNY 709,286,508.42, compared to CNY 677,576,466.67 in the first quarter of 2024, reflecting an increase of about 4.68%[16] - The company reported a total comprehensive income of CNY 705,568,121.02 for the first quarter of 2025, compared to CNY 616,814,430.62 in the first quarter of 2024, an increase of approximately 14.39%[17] Cash Flow - The net cash flow from operating activities was a negative CNY 187,261.91 million, compared to a negative CNY 118,800.90 million in the same period last year[3] - The company reported a net cash outflow from operating activities of CNY -1,872,619,080.89 for the first quarter of 2025, worsening from CNY -1,188,008,969.34 in the same quarter of 2024[20] - The company's cash flow from sales of goods and services in Q1 2025 was CNY 962.55 million, an increase of 33.9% compared to CNY 718.63 million in Q1 2024[29] - The company recorded a net cash inflow from financing activities of CNY 467,598,129.89 in the first quarter of 2025, a decrease from CNY 1,047,510,305.57 in the first quarter of 2024[22] - The company’s cash inflow from financing activities included 2.15 billion, slightly lower than $2.18 billion in the previous period, showing stable operational cash outflows[30] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,793,118.01 million, a decrease of 1.39% from CNY 5,874,585.71 million at the end of the previous year[4] - Current assets totaled CNY 42,737,721,704.05 as of March 31, 2025, down from CNY 43,662,330,568.48 at the end of 2024, representing a decrease of 2.11%[11] - Total liabilities decreased to CNY 34,486,653,472.48 from CNY 36,000,565,714.04, reflecting a reduction of 4.21%[12] - The total current assets as of March 31, 2025, were CNY 10.73 billion, slightly down from CNY 11.00 billion as of December 31, 2024, a decrease of about 2.5%[23] - The total liabilities as of March 31, 2025, were CNY 15.69 billion, a slight decrease from CNY 15.80 billion as of December 31, 2024, representing a decline of about 0.7%[25] Equity - Shareholders' equity attributable to shareholders increased by 3.19% to CNY 2,178,793.59 million from CNY 2,111,540.89 million[4] - The company's total equity increased to CNY 23,444,526,650.78 from CNY 22,745,291,368.85, marking a growth of 3.07%[12] - The total owner's equity as of March 31, 2025, was CNY 10.43 billion, up from CNY 10.17 billion at the end of 2024, reflecting an increase of approximately 2.6%[25] Research and Development - Research and development expenses increased to CNY 360,677,637.80 in the first quarter of 2025, up from CNY 322,287,739.73 in the same period of 2024, marking a growth of about 11.94%[16] - Research and development expenses for Q1 2025 were CNY 34.35 million, a marginal increase from CNY 33.74 million in Q1 2024, indicating a growth of approximately 1.8%[26] Non-Recurring Items - Non-recurring gains and losses totaled CNY 6,412.60 million, with significant contributions from asset disposal gains and government subsidies[5] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 58,208[6] Other Financial Metrics - The weighted average return on equity decreased to 3.09%, down 0.19 percentage points from 3.28% in the previous year[3] - The diluted earnings per share for the first quarter of 2025 was CNY 0.25, unchanged from the same period in 2024[17] - The company reported a tax expense of CNY 130,727,364.43 for the first quarter of 2025, slightly down from CNY 130,979,824.29 in the same period of 2024[16]