中粮资本(002423) - 2025 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2025 was ¥2,350,133,276.66, a decrease of 8.74% compared to ¥6,360,210,715.08 in the same period last year[5] - Net profit attributable to shareholders was ¥391,596,237.79, down 58.32% from ¥628,183,916.48 year-on-year[5] - Basic and diluted earnings per share decreased by 58.31% to ¥0.1700 from ¥0.2726 in the same period last year[5] - The net profit for the current period is 612,679,757.53, a decrease of 65.3% compared to 1,762,046,021.66 in the previous period[23] - The total profit for the current period is 686,502,041.45, down from 1,846,396,045.30 in the previous period[23] Cash Flow - Cash flow from operating activities increased by 82.91% to ¥6,043,911,649.89, compared to ¥3,334,270,631.89 in the previous year[5] - The net cash flow from operating activities was 6,043,911,649.89 CNY, an increase from 3,304,326,853.53 CNY in the previous period, indicating strong operational performance[27] - Cash inflows from operating activities totaled 9,677,037,448.60, an increase from 7,135,697,076.41 in the previous period[26] - Cash received from investment income rose by 150.00% to ¥867,868,185.89, primarily due to increased dividends from financial asset investments[11] - Cash flow from financing activities generated a net inflow of 2,904,541,516.73 CNY, compared to a net outflow of -1,963,278,008.50 CNY in the previous period, showing improved financing conditions[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥156,674,809,481.60, reflecting a 7.47% increase from ¥151,985,694,704.70 at the end of the previous year[5] - Total liabilities increased to ¥124,003,346,414.11, compared to ¥114,784,220,842.56, reflecting an increase of 8.5%[20] - Non-current assets totaled ¥101,582,209,209.03, an increase of 9.7% from ¥92,561,076,192.20[19] - The total assets decreased by 6,206,781,295.12 CNY, from 151,985,694,704.70 CNY to 145,778,913,409.58 CNY, indicating a contraction in the asset base[29] - Current liabilities totaled ¥34,900,752,143.81, reflecting a rise of ¥7,216,006,498.64 from the last report[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 137,560[13] - The largest shareholder, COFCO Group, holds 62.78% of the shares, totaling 1,446,543,440 shares[13] - The company's equity attributable to shareholders decreased by 5.00% to ¥21,679,770,520.80 from ¥23,116,540,510.06 at the end of the previous year[5] - Total equity reached ¥35,934,769,586.57, which is a decline of ¥4,940,077,019.55 compared to the previous period[30] Revenue and Costs - Total revenue for the current period was ¥2,350,133,276.66, a decrease of 8.7% from ¥2,575,180,211.17 in the previous period[22] - Total operating costs decreased to ¥2,322,524,246.11, down 13.4% from ¥2,682,058,824.47[22] - Insurance service revenue rose to ¥1,249,471,671.29, compared to ¥1,182,074,516.44 in the previous period, reflecting a growth of 5.7%[22] - The company reported a significant increase in underwriting financial losses, which reached ¥926,740,898.13, compared to ¥568,727,148.47 in the previous period[22] Changes in Accounting Policy - The company has implemented a change in accounting policy related to insurance contracts effective January 1, 2025, in accordance with new regulations[5] - The company plans to change its accounting policy related to insurance contracts effective January 1, 2025, in accordance with new accounting standards[16]