东安动力(600178) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was approximately ¥994.43 million, a decrease of 3.31% compared to ¥1,028.51 million in the same period last year[4] - The net profit attributable to shareholders was ¥3.73 million, a significant improvement from a loss of ¥7.51 million in the previous year[4] - Basic and diluted earnings per share were both ¥0.0079, compared to a loss of ¥0.0158 per share in the previous year[4] - Operating profit for Q1 2025 increased to CNY 5,276,490.24, compared to CNY 2,794,465.47 in Q1 2024, marking an improvement of 89.0%[18] - Net profit for Q1 2025 was CNY 5,333,992.45, up from CNY 3,626,495.97 in Q1 2024, representing a growth of 47.1%[18] - The net profit for the first quarter of 2025 is CNY 5,333,992.45, compared to CNY 3,626,495.97 in the same period of 2024, indicating an increase of approximately 47%[19] - The net profit attributable to the parent company's shareholders is CNY 3,729,005.67, a significant recovery from a loss of CNY 7,514,998.09 in the previous year[19] - The total comprehensive income for the first quarter of 2025 is CNY 5,333,992.45, up from CNY 3,626,495.97 in the first quarter of 2024[19] Cash Flow - The net cash flow from operating activities was negative at ¥265.13 million, worsening from a negative cash flow of ¥69.81 million in the same period last year[4] - Operating cash flow for the first quarter of 2025 is negative at CNY -265,134,857.36, compared to CNY -69,806,573.54 in the same quarter of 2024, reflecting a worsening cash flow situation[23] - Cash inflow from operating activities decreased to CNY 1,060,429,282.40 in Q1 2025 from CNY 1,281,035,390.87 in Q1 2024, a decline of approximately 17.2%[23] - Cash outflow from operating activities slightly decreased to CNY 1,325,564,139.76 in Q1 2025 from CNY 1,350,841,964.41 in Q1 2024[23] - The net cash flow from investing activities is CNY -6,595,205.48 in Q1 2025, down from CNY 459,113,804.87 in Q1 2024, indicating a significant reduction in investment cash inflow[24] - The net cash flow from financing activities is CNY 62,800,758.48 in Q1 2025, compared to CNY 54,651,961.00 in Q1 2024, showing an increase of approximately 15.5%[24] - The ending cash and cash equivalents balance is CNY 895,613,745.43 as of the end of Q1 2025, down from CNY 1,473,894,370.95 at the end of Q1 2024[24] Assets and Liabilities - Total assets increased by 1.60% to ¥7.35 billion from ¥7.24 billion at the end of the previous year[5] - Total assets as of March 31, 2025, were CNY 7,351,513,324.22, compared to CNY 7,235,635,494.53 at the end of 2024, an increase of 1.6%[16] - Total liabilities increased to CNY 3,830,414,971.62 from CNY 3,721,265,128.28, reflecting a rise of 2.9%[16] - Shareholders' equity as of March 31, 2025, was CNY 3,521,098,352.60, slightly up from CNY 3,514,370,366.25 at the end of 2024, an increase of 0.2%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 72,613[9] - The largest shareholder, China Changan Automobile Group Co., Ltd., held 50.45% of the shares[9] Production and Costs - The company reported an increase in production volume, which contributed to a reduction in fixed costs per unit[7] - Total operating costs for Q1 2025 were CNY 1,028,668,674.54, down from CNY 1,045,633,045.21 in Q1 2024, reflecting a reduction of 1.6%[18] Non-Recurring Items - Non-recurring gains and losses amounted to ¥25.03 million, primarily due to gains from the disposal of fixed assets[6] Accounting Practices - The company has not applied new accounting standards starting from 2025, indicating a continuation of previous accounting practices[25]