中国海防(600764) - 2025 Q1 - 季度财报

Financial Performance - The company reported a revenue of CNY 511,390,876.38 for Q1 2025, representing a 42.73% increase compared to CNY 358,290,921.88 in the same period last year[4] - Net profit attributable to shareholders reached CNY 31,293,314.08, a significant increase of 700.30% from CNY 3,910,201.56 year-on-year[4] - Basic and diluted earnings per share were both CNY 0.0440, reflecting a growth of 700% compared to CNY 0.0055 in the previous year[4] - The company achieved a gross profit of CNY 18,064,420.00, which is a 16.48% increase from the previous year[8] - Total operating revenue for Q1 2025 reached ¥511,390,876.38, a significant increase of 42.6% compared to ¥358,290,921.88 in Q1 2024[19] - Net profit for Q1 2025 was ¥31,322,638.02, compared to ¥4,893,090.25 in Q1 2024, reflecting a growth of 539.5%[20] - Basic and diluted earnings per share for Q1 2025 were both ¥0.0440, compared to ¥0.0055 in Q1 2024[21] Cash Flow and Liquidity - The company's cash flow from operating activities showed a net outflow of CNY -221,765,871.51, an improvement from CNY -302,488,148.60 in the same period last year[4] - Net cash inflow from operating activities was $580.65 million, compared to $567.39 million in the previous period, showing a slight increase of 0.23%[24] - Total cash outflow from operating activities was $802.42 million, down from $869.87 million, indicating a decrease of 7.73%[24] - The net cash flow from operating activities was -$221.77 million, an improvement from -$302.49 million year-over-year[24] - Cash inflow from financing activities totaled $60.06 million, significantly up from $5.00 million in the previous period[24] - Cash outflow from financing activities was $73.89 million, down from $130.93 million, reflecting a decrease of 43.51%[25] - The ending cash and cash equivalents balance was $1.21 billion, down from $2.21 billion, representing a decrease of 45.56%[25] - Cash inflow from investment activities was $29.90 thousand, while cash outflow was $30.36 million, resulting in a net cash flow of -$30.33 million[24] - The total cash and cash equivalents decreased by $265.92 million compared to the previous period's decrease of $475.89 million[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,570,183,344.01, a decrease of 1.48% from CNY 11,744,280,517.87 at the end of the previous year[5] - Total liabilities decreased to ¥3,123,756,088.72 in Q1 2025 from ¥3,330,712,049.86 in Q1 2024[17] - Non-current liabilities totaled ¥467,565,373.74 in Q1 2025, an increase from ¥453,129,217.20 in Q1 2024[17] - The total current assets as of March 31, 2025, amounted to ¥9,242,796,755.72, a decrease from ¥9,399,988,111.60 as of December 31, 2024, reflecting a decline of approximately 1.67%[14] - Cash and cash equivalents were reported at ¥2,181,246,838.29, down from ¥2,444,016,524.40, indicating a decrease of about 10.71%[14] - Accounts receivable stood at ¥4,135,433,078.85, slightly down from ¥4,144,510,809.52, showing a decrease of approximately 0.22%[15] - Inventory increased to ¥1,775,271,058.84 from ¥1,686,180,747.21, representing an increase of about 5.29%[15] - The total non-current assets were reported at ¥2,020,000,000, with fixed assets accounting for ¥826,693,618.88, a decrease from ¥844,351,745.07[15] Shareholder Information - The company has a total of 10 major shareholders, with the largest being China Shipbuilding Industry Group Co., Ltd., holding 329,032,461 shares, representing 46.30% of total shares[12] - The company is under the actual control of China Shipbuilding Group, which constitutes a concerted action relationship among several major shareholders[12] - The company has not reported any significant changes in the participation of major shareholders in margin financing or securities lending activities[12] Operational Highlights - The significant increase in net profit was attributed to the low base from the previous year and the successful delivery of multiple products as planned[7] - There are no other significant reminders regarding the company's operational status during the reporting period[13] - Total expenses, including research and development costs, decreased by 8.38% to CNY 14,143,260.00 compared to the same period last year[8] - The company reported a decrease in research and development expenses to ¥56,981,511.83 in Q1 2025 from ¥57,604,927.19 in Q1 2024[20] - The weighted average return on equity improved to 0.38%, an increase of 0.33 percentage points from 0.05%[4]