CMS(600999)2025-04-28 10:10Financial Performance - The company's operating revenue for Q1 2025 was CNY 4,712,949,021.97, representing a 9.64% increase compared to CNY 4,298,673,959.40 in the same period last year[5]. - Net profit attributable to shareholders was CNY 2,307,627,966.26, up 6.97% from CNY 2,157,223,258.83 year-on-year[5]. - Total operating revenue for Q1 2025 reached CNY 4.71 billion, a 9.66% increase from CNY 4.30 billion in Q1 2024[21]. - Net profit for Q1 2025 was CNY 2.31 billion, up 6.98% from CNY 2.16 billion in Q1 2024[21]. - The total comprehensive income for Q1 2025 was CNY 1.40 billion, a decrease from CNY 2.34 billion in Q1 2024[22]. - The total comprehensive income for Q1 2025 was CNY 2,359,503,030.03, compared to CNY 2,132,831,786.26 in Q1 2024, an increase of 10.6%[29]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -37,212,165,996.06, a significant decrease of 660.30% compared to CNY 6,641,509,004.58 in the previous year[5]. - The net cash flow from operating activities showed a significant decline, resulting in a net outflow of CNY 37.21 billion in Q1 2025, compared to an inflow of CNY 6.64 billion in Q1 2024[24]. - The company reported a significant decrease in cash flow from operating activities, with total cash inflows of 7,065,055,342.79 RMB in Q1 2025 compared to 56,349,512,298.26 RMB in Q1 2024[30]. - The liquidity coverage ratio decreased to 147.73% from 208.98% year-on-year, indicating a tighter liquidity position[7]. - The company's cash and cash equivalents were RMB 111.24 billion, down from RMB 144.32 billion, indicating a decrease of about 22.8%[18]. - The total cash and cash equivalents at the end of Q1 2025 stood at 106,030,163,807.11 RMB, up from 90,768,997,855.67 RMB in Q1 2024[31]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 661,287,758,451.72, down 8.30% from CNY 721,160,331,448.06 at the end of the previous year[6]. - Total assets as of March 31, 2025, amounted to CNY 597,377,392,064.68, down from CNY 620,676,526,964.34 at the end of 2024[27]. - Total liabilities stood at RMB 529.63 billion, down from RMB 590.91 billion, representing a reduction of approximately 10.4%[19]. - Total liabilities decreased to CNY 478,140,655,745.98 from CNY 503,799,293,675.67 at the end of 2024, reflecting a reduction of 5.1%[27]. - The company's equity attributable to shareholders increased to RMB 131.58 billion from RMB 130.18 billion, showing a growth of about 1.1%[19]. - The company's equity increased to CNY 119,236,736,318.70 as of March 31, 2025, from CNY 116,877,233,288.67 at the end of 2024, reflecting a growth of 2.0%[27]. Investment and Income - The net interest income increased by 75.02% to CNY 208,329,260.97 compared to CNY 119,032,816.75 in the previous year[11]. - The net interest income for Q1 2025 was CNY 193,744,661.48, compared to CNY 75,697,011.26 in Q1 2024, marking an increase of 155.5%[28]. - Investment income surged to CNY 3,310,215,440.67, a remarkable increase of 1,465.07% from a loss of CNY -242,494,161.71 in the same period last year[11]. - The investment income for Q1 2025 was CNY 3,016,290,672.12, a significant recovery from a loss of CNY 927,511,398.32 in Q1 2024[28]. - The net income from commission and fee increased significantly to CNY 2.52 billion, up 47.73% from CNY 1.71 billion in Q1 2024[21]. Risk Management - The risk coverage ratio improved to 254.70% from 239.03% year-on-year, indicating better risk management[7].