中信重工(601608) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 2,192,859,108.70, representing a year-on-year increase of 0.72% compared to CNY 2,177,168,780.80 in the same period last year[3] - The net profit attributable to shareholders was CNY 90,923,316.08, reflecting a 1.28% increase from CNY 89,777,996.14 in the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 82,145,603.56, which is a 10.97% increase from CNY 74,026,099.74 year-on-year[3] - Net profit for Q1 2025 was CNY 88,356,033.98, representing an increase of 3.06% from CNY 85,607,895.75 in Q1 2024[16] - The total comprehensive income for Q1 2025 was CNY 108,653,537.53, compared to CNY 77,250,265.93 in Q1 2024, an increase of 40.67%[16] - The company reported a total comprehensive income of ¥102,968,857.20 for Q1 2025, up from ¥47,695,081.46 in Q1 2024[25] Cash Flow - The net cash flow from operating activities was negative at CNY -382,724,423.14, a significant decrease of 850.32% compared to CNY 51,008,181.66 in the same period last year[3] - In Q1 2025, the net cash flow from operating activities was -382,724,423.14 RMB, a significant decline compared to 51,008,181.66 RMB in Q1 2024, indicating a negative shift in operational performance[18] - Total cash inflow from operating activities in Q1 2025 was 1,788,813,883.43 RMB, down 24.3% from 2,364,576,690.69 RMB in Q1 2024[18] - The cash outflow from operating activities increased to 2,171,538,306.57 RMB in Q1 2025, compared to 2,313,568,509.03 RMB in Q1 2024, reflecting a 6.1% decrease[18] - The company's cash and cash equivalents were CNY 1,744,593,926.30, down from CNY 2,061,091,819.90, reflecting a decline of approximately 15.34%[11] - The cash and cash equivalents at the end of Q1 2025 were ¥1,265,956,467.23, compared to ¥687,023,793.73 at the end of Q1 2024[27] Assets and Liabilities - The total assets at the end of the reporting period were CNY 19,313,306,115.75, down 1.85% from CNY 19,677,485,252.78 at the end of the previous year[4] - The company's total liabilities decreased to CNY 9,964,330,856.16 in Q1 2025 from CNY 10,439,144,479.68 in Q1 2024, a reduction of approximately 4.56%[13] - The total liabilities decreased to 8,480,898,743.87 RMB as of March 31, 2025, compared to 8,761,463,547.78 RMB at the end of 2024, showing a reduction in financial obligations[22] - The company's current assets totaled CNY 11,720,044,248.40, down from CNY 12,094,728,277.31, indicating a decrease of about 3.09%[12] - The company's total liabilities were not explicitly stated, but accounts payable decreased to CNY 2,788,699,750.66 from CNY 2,897,084,221.70, a reduction of approximately 3.77%[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 160,630[8] - The largest shareholder, China CITIC Limited, holds 57.32% of the shares, totaling 2,624,901,147 shares[9] - The equity attributable to shareholders increased by 1.25% to CNY 9,156,549,085.97 from CNY 9,043,488,924.33 at the end of the previous year[4] - The total equity attributable to shareholders increased to CNY 9,156,549,085.97 in Q1 2025, up from CNY 9,043,488,924.33 in Q1 2024, reflecting a growth of 1.25%[13] Operational Efficiency - Total operating costs decreased to CNY 2,047,450,675.05 in Q1 2025, down 3.08% from CNY 2,112,855,016.29 in Q1 2024[15] - Research and development expenses for Q1 2025 were CNY 64,807,779.72, down 27.12% from CNY 88,914,061.60 in Q1 2024[15] - The company reported a decrease in financial expenses to CNY 4,400,090.29 in Q1 2025, down from CNY 11,638,926.52 in Q1 2024, a reduction of 62.15%[15] - The company's retained earnings rose to 2,047,967,007.76 RMB as of March 31, 2025, compared to 1,947,204,260.60 at the end of 2024, reflecting a growth of 5.2%[22] Investment Activities - Investment activities generated a net cash flow of 85,883,184.85 RMB in Q1 2025, a recovery from a negative cash flow of -12,803,789.28 RMB in Q1 2024[19] - The company's investment activities generated a net cash inflow of ¥97,201,081.49 in Q1 2025, compared to a net outflow of -¥8,228,939.17 in Q1 2024[27]