CMSK(001979)2025-04-29 13:10Financial Performance - The company's operating revenue for Q1 2025 was ¥20,447,728,414.17, a decrease of 13.90% compared to ¥23,747,478,779.97 in the same period last year[5] - Net profit attributable to shareholders increased by 34.02% to ¥445,439,544.24 from ¥332,380,304.87 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥386,176,196.07, up 32.43% from ¥291,600,496.59 in the previous year[5] - Basic and diluted earnings per share increased by 300% to ¥0.04 from ¥0.01 year-on-year[5] - The company's net profit for the current period is CNY 386,490,978.72, a decrease of 58.8% compared to CNY 936,085,793.06 in the previous period[22] - Operating profit for the current period is CNY 755,422,396.06, down 53.3% from CNY 1,615,506,739.34 in the previous period[22] - The company reported a total comprehensive income of CNY 376,521,257.29, down from CNY 914,250,804.46 in the previous period[22] Cash Flow and Liquidity - The net cash flow from operating activities improved by 17.13%, reaching -¥8,793,468,085.83 compared to -¥10,611,231,091.11 in the same period last year[5] - The company's cash and cash equivalents amount to ¥88,094,289,112.06 as of March 31, 2025, compared to ¥100,351,402,910.44 at the end of 2024, reflecting a decrease of 12.2%[18] - Cash and cash equivalents at the end of the period amount to CNY 87,134,007,161.99, compared to CNY 82,607,128,186.82 at the end of the previous period[24] - The company has a total cash inflow from financing activities of CNY 24,786,436,194.75, a decrease from CNY 37,734,411,159.10 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥866,663,370,055.52, a slight increase of 0.74% from ¥860,308,816,014.37 at the end of the previous year[5] - The company's total liabilities stand at ¥583,864,488,230.02, an increase from ¥573,564,035,127.95, representing a rise of 1.9%[20] - Non-current assets total ¥248,237,834,217.31, up from ¥246,143,238,736.53, showing a growth of 0.8%[19] - Total current assets increased slightly to ¥618,425,535,838.21 from ¥614,165,577,277.84, indicating a growth of 0.4%[19] Equity and Shareholder Information - The equity attributable to shareholders decreased by 1.84% to ¥108,967,920,496.83 from ¥111,006,837,433.28 at the end of the last year[5] - The total equity attributable to shareholders decreased to ¥108,967,920,496.83 from ¥111,006,837,433.28, a decline of 1.9%[20] Expenses and Costs - Total operating costs for the current period are ¥19,849,682,527.08, down 10.8% from ¥22,206,949,106.13 in the previous period[21] - Research and development expenses decreased by 33.87% to ¥2,765.08 million from ¥4,181.10 million year-on-year[12] - Research and development expenses decreased to ¥27,650,782.63 from ¥41,810,985.37, a reduction of 33.9%[21] - The company reported a net profit margin decline due to increased financial expenses, which rose to ¥658,072,571.36 from ¥504,636,878.96, an increase of 30.4%[21] Investment Income - Investment income surged by 357.82% to ¥17,915.76 million from ¥3,913.30 million in the previous year[12] - The company has reported a significant increase in investment income, reaching CNY 179,157,638.89, compared to CNY 39,133,033.91 in the previous period[22] Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable by 44.44% to ¥507,008.58 million due to an increase in property management fees[11] - The company’s inventory increased to ¥375,816,845,120.39 from ¥369,183,324,334.41, reflecting a growth of 1.8%[19]