EWPT(300115)2025-04-28 08:30Revenue and Profitability - The company's revenue for Q1 2025 was CNY 4,395,138,974.74, representing an increase of 11.55% compared to CNY 3,939,925,853.67 in the same period last year[4]. - Net profit attributable to shareholders decreased by 43.44% to CNY 174,874,009.78 from CNY 309,206,630.92 year-on-year[4]. - The net profit excluding non-recurring gains and losses rose by 32.85% to CNY 168,160,801.90, compared to CNY 126,580,622.47 in the same period last year[4]. - Basic earnings per share decreased to ¥0.13 from ¥0.26, reflecting a decline of 50%[19]. - Net profit for the current period was ¥191,726,979.22, down 40.67% from ¥323,692,765.45 in the previous period[19]. Cash Flow - The net cash flow from operating activities dropped by 66.07% to CNY 146,633,264.73, down from CNY 432,171,800.13 in the previous year[4]. - The net cash inflow from operating activities was 432,171,800.13 in the previous period[22]. - Cash received from operating activities totaled 3,853,842,165.43 in the previous period, indicating a growth of 9.1%[22]. - Cash paid for operating activities was 3,421,670,365.30, reflecting a rise of 18.6%[22]. - The net cash inflow from financing activities was 284,199,001.47 in the previous period[23]. Assets and Liabilities - The company's total assets increased by 4.68% to CNY 21,113,234,050.32 from CNY 20,168,411,952.21 at the end of the previous year[4]. - Total liabilities rose to ¥12,570,849,440.06, up from ¥11,843,474,796.58, indicating an increase of 6.14%[15]. - The company's equity attributable to shareholders reached ¥8,135,396,569.38, an increase from ¥7,970,648,977.38, representing a growth of 2.07%[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 160,036[9]. - The largest shareholder, Ningbo Changying Yuefu Investment Co., Ltd., holds 32.76% of shares, totaling 444,188,111 shares[9]. - The company has no changes in the top 10 shareholders due to securities lending or borrowing activities[10]. Inventory and Receivables - Accounts receivable decreased from CNY 3.14 billion to CNY 2.87 billion, reflecting a reduction of approximately 8.3%[13]. - Inventory decreased from CNY 3.70 billion to CNY 3.43 billion, a decline of about 7.3%[13]. - The total current assets increased to CNY 11.31 billion from CNY 10.47 billion, representing a growth of approximately 8.1%[13]. Financing Activities - Cash and cash equivalents increased by 36.28% to CNY 74,698.59 million, primarily due to increased cash flow from financing activities[7]. - Long-term borrowings rose by 60.64% to CNY 70,991.23 million, attributed to the increase in medium to long-term loans[7]. - The net cash flow from financing activities increased by 252.99% to CNY 71,898.33 million, driven by new borrowings[7]. Research and Development - Research and development expenses for the current period were ¥306,143,989.19, up from ¥279,031,973.42, indicating an increase of 9.73%[18]. Stock Option Incentive Plan - The company plans to adjust its stock option incentive plan, reducing the total number of granted stock options from 24,653,620 to 14,251,698[11]. - The second exercise period of the stock option incentive plan has a 60% achievement rate based on the company's performance in 2023[12]. - A total of 125 incentive participants exercised their options, resulting in 305,274 shares being exercised during the reporting period[12].