SCIE(600546)2025-04-28 15:55Financial Performance - The company's operating revenue for Q1 2025 was CNY 4,502,152,086.79, a decrease of 29.17% compared to CNY 6,355,858,003.39 in the same period last year[4] - Net profit attributable to shareholders was CNY 254,938,736.46, down 56.29% from CNY 583,216,922.91 year-on-year[4] - The basic earnings per share decreased by 55.17%, from CNY 0.29 to CNY 0.13[4] - The company's coal production revenue for Q1 2025 was CNY 2.62 billion, a decrease of 27.44% year-over-year[13] - The coal trading revenue for Q1 2025 was CNY 1.67 billion, a decline of 35.28% year-over-year[14] - Net profit for Q1 2025 was CNY 435,315,104.43, a decline of 49.0% from CNY 855,668,527.61 in Q1 2024[21] - The total comprehensive income for Q1 2025 was CNY 435,315,104.43, a decrease of 49.0% compared to CNY 855,668,527.61 in Q1 2024[21] Cash Flow - The net cash flow from operating activities was negative at CNY -1,137,480,373.95, a significant decline compared to CNY 545,332.86 in the previous year[4] - Total cash inflow from operating activities in Q1 2025 was 5,076,908,639.01, down from 7,441,095,947.63 in Q1 2024, representing a decrease of approximately 31.8%[24] - Cash outflow from operating activities in Q1 2025 was 6,214,389,012.96, compared to 7,440,550,614.77 in Q1 2024, indicating a decrease of about 16.5%[24] - Cash flow from investing activities in Q1 2025 was -392,469,246.67, compared to -686,645,291.27 in Q1 2024, showing an improvement of approximately 42.9%[25] - The net cash flow from financing activities in Q1 2025 was 1,778,117,773.78, compared to 3,120,598,687.22 in Q1 2024, reflecting a decline of approximately 43.1%[25] - The ending cash and cash equivalents balance for Q1 2025 was 3,887,664,779.21, down from 6,450,619,232.76 in Q1 2024, a decrease of about 39.5%[25] Assets and Liabilities - Total assets increased by 3.60% to CNY 41,834,895,979.26 from CNY 40,379,761,480.75 at the end of the previous year[4] - The company's total assets as of March 31, 2025, were CNY 41.83 billion, an increase from CNY 40.38 billion at the end of 2024[17] - The total liabilities decreased to CNY 9.77 billion from CNY 10.12 billion at the end of 2024[17] - Total liabilities increased to CNY 21,275,483,539.30 in 2025 from CNY 20,397,894,083.87 in 2024, reflecting a growth of 4.3%[18] - Total equity rose to CNY 20,559,412,439.96 in 2025, up from CNY 19,981,867,396.88 in 2024, indicating an increase of 2.9%[18] Production and Sales - The total coal output reached 9.09 million tons, representing a year-over-year increase of 20.92%[13] - The average selling price of coal was CNY 594.38 per ton, down 10.26% compared to the same period last year[13] - The total number of ordinary shareholders at the end of the reporting period was 72,075[10] Research and Development - Research and development expenses decreased by 22.26% due to a slowdown in project development cycles[8] - Research and development expenses for Q1 2025 were CNY 50,985,390.39, down 22.3% from CNY 65,586,794.72 in Q1 2024[20] Borrowings and Financing - The company reported a significant increase in long-term borrowings by 53.04%, attributed to an increase in financing activities during the reporting period[7] - Long-term borrowings increased significantly to CNY 7,946,890,072.91 in 2025 from CNY 5,192,620,256.20 in 2024, representing a growth of 53.4%[18]