China XD(601179)2025-04-14 11:20Financial Performance - The company's operating revenue for Q1 2025 was CNY 5,244,634,177.81, representing an increase of 11.27% compared to CNY 4,681,880,755.97 in the same period last year[3] - Net profit attributable to shareholders was CNY 294,887,908.89, a year-on-year increase of 42.10% from CNY 203,266,211.89[3] - The basic earnings per share for the period was CNY 0.0575, reflecting a growth of 41.98% compared to CNY 0.0397 in the previous year[4] - Total operating revenue for Q1 2025 reached ¥5,261,196,450, an increase of 10.95% compared to ¥4,742,599,325 in Q1 2024[20] - Net profit for Q1 2025 was ¥369,169,551, representing a 36.43% increase from ¥270,553,282 in Q1 2024[21] - Basic and diluted earnings per share for Q1 2025 were both ¥0.0575, up from ¥0.0405 in Q1 2024, reflecting a 42.86% increase[22] Cash Flow - The net cash flow from operating activities was negative at CNY -707,940,546.23, a significant decrease of 388.78% compared to CNY 225,175,759.26 in the same period last year[3] - Cash flow from operating activities showed a net outflow of ¥707,940,546.23 in Q1 2025, compared to a net inflow of ¥245,146,719.55 in Q1 2024[23] - Cash inflow from investment activities totaled 219.5 million in the previous period, reflecting a growth of approximately 144.4%[24] - Cash outflow from investment activities was 567.8 million in the prior period, indicating an increase of about 40.4%[24] - Net cash flow from investment activities was -348.2 million year-over-year[24] - Cash inflow from financing activities amounted to 107.9 million, representing a decrease of around 14.5%[24] - Cash outflow from financing activities was 498.1 million, showing a reduction of approximately 36.8%[24] - Net cash flow from financing activities was -390.2 million in the previous period, indicating an improvement of about 43.0%[24] - The net increase in cash and cash equivalents was -498.8 million year-over-year[24] - The ending balance of cash and cash equivalents stood at 8.8 billion in the previous period, reflecting a year-over-year increase of approximately 3.5%[24] Assets and Liabilities - The total assets at the end of the reporting period were CNY 45,874,183,487.12, showing a slight decrease of 0.56% from CNY 46,132,601,108.92 at the end of the previous year[4] - The total current assets as of March 31, 2025, amount to ¥31,613,396,238.74, a slight decrease from ¥31,960,393,425.00 as of December 31, 2024, reflecting a decline of approximately 1.08%[15] - Total liabilities decreased from ¥46,132,601,108.92 to ¥45,874,183,487.12, a reduction of about 0.56%[16] - Total liabilities decreased from ¥21,304,345,892.38 in the previous period to ¥20,624,285,132.43, a reduction of approximately 3.19%[20] - The total equity attributable to shareholders increased to ¥22,352,869,052.32 from ¥22,024,621,140.11, marking a growth of 1.49%[20] Investments and Acquisitions - The acquisition of a 55% stake in Henan High Voltage Electrical Research Institute has been included in the consolidated financial statements, impacting the financial results for the period[5] - The company reported a significant increase in cash received from investment activities, primarily driven by a cash inflow of $264.3 million related to other investment activities[24] - The company reported an investment income of ¥25,327,189.92 in Q1 2025, significantly higher than ¥12,941,794.97 in Q1 2024[20] Research and Development - Research and development expenses rose to ¥196,269,392.43 in Q1 2025, up 29.69% from ¥151,380,724.03 in Q1 2024[20] Shareholder Information - The company has a total of 155,852 ordinary shareholders as of the end of the reporting period[11] Other Comprehensive Income - Other comprehensive income after tax for Q1 2025 was ¥47,675,847.87, compared to a loss of ¥40,376,464.77 in Q1 2024[21] Accounting Standards - The company will not apply new accounting standards starting from 2025, as indicated in the announcement[25]