FOTON(600166)2025-04-28 12:00Financial Performance - The company's operating revenue for Q1 2025 was CNY 14.80 billion, an increase of 15.01% compared to CNY 12.87 billion in the same period last year[4]. - Net profit attributable to shareholders reached CNY 435.67 million, representing a significant increase of 70.08% from CNY 256.15 million year-on-year[4]. - Basic earnings per share rose to CNY 0.055, marking a 71.88% increase compared to CNY 0.032 in the previous year[5]. - Operating profit for Q1 2025 was ¥422.14 million, up 67.14% from ¥252.57 million in Q1 2024[21]. - Net profit for Q1 2025 was ¥409.37 million, compared to ¥239.03 million in Q1 2024, representing a 71.42% increase[21]. - The company reported a total comprehensive income of ¥367.23 million for Q1 2025, compared to ¥260.78 million in Q1 2024, an increase of 40.73%[22]. Cash Flow - The net cash flow from operating activities was CNY 1.77 billion, a substantial improvement from a negative cash flow of CNY 845.58 million in the same period last year[4]. - Cash flow from operating activities for Q1 2025 was CNY 1,769,419,996.85, a significant improvement compared to a negative cash flow of CNY -845,584,938.51 in Q1 2024[27]. - Total cash inflow from operating activities increased to CNY 12,892,980,695.97 in Q1 2025, up from CNY 8,557,027,534.41 in Q1 2024, representing a growth of approximately 50.5%[28]. - Cash outflow from operating activities rose to CNY 11,123,560,699.12 in Q1 2025, compared to CNY 9,402,612,472.92 in Q1 2024, indicating an increase of about 18.3%[28]. - The ending cash and cash equivalents balance for Q1 2025 was CNY 8,607,750,197.36, up from CNY 5,679,106,065.32 in Q1 2024, reflecting an increase of approximately 51.5%[29]. - The company received tax refunds amounting to CNY 514,930,996.78 in Q1 2025, compared to CNY 291,383,421.20 in Q1 2024, marking an increase of about 76.7%[28]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 58.25 billion, reflecting a 12.34% increase from CNY 51.85 billion at the end of the previous year[5]. - The company's current assets totaled RMB 31,841,182,075.12, up from RMB 25,697,262,421.78, indicating a growth of about 24.5%[15]. - Total liabilities increased to ¥43.36 billion in Q1 2025 from ¥37.33 billion in Q1 2024, reflecting a growth of 16.67%[17]. - The company's long-term equity investments amounted to RMB 4,734,984,098.02, compared to RMB 4,588,508,581.33, showing an increase of about 3.2%[15]. - The company reported a significant increase in inventory, with total inventory at RMB 6,665,870,290.12, down from RMB 6,976,127,102.22, indicating a decrease of about 4.5%[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 150,188[10]. - The company's total equity rose to ¥14.89 billion in Q1 2025, compared to ¥14.52 billion in Q1 2024, marking a 2.55% increase[17]. Operational Efficiency - The company continues to focus on enhancing efficiency across the entire value chain, leading to a reduction in period expense ratios compared to the previous year[8]. - Research and development expenses for Q1 2025 were ¥484.16 million, down from ¥548.04 million in Q1 2024, a decrease of 11.69%[20]. - Operating costs for Q1 2025 totaled ¥14.59 billion, an increase of 6.05% from ¥12.81 billion in Q1 2024[20]. Vehicle Sales - The company sold 170,000 vehicles during the period, a year-on-year increase of 9.8%, with new energy vehicle sales reaching 25,600 units, showing significant growth[8].