宁德时代(300750) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 reached ¥84,704,589, an increase of 6.18% compared to ¥79,770,779 in the same period last year[3] - Net profit attributable to shareholders was ¥13,962,558, representing a growth of 32.85% from ¥10,509,923 year-on-year[3] - The net profit excluding non-recurring items was ¥11,829,172, up 27.92% from ¥9,247,439 in the previous year[3] - Basic earnings per share rose to ¥3.18, reflecting a 33.05% increase from ¥2.39 in the same quarter last year[3] - Total comprehensive income reached 15,476,084 thousand yuan, compared to 10,966,597 thousand yuan, reflecting a growth of about 41.0%[20] Cash Flow - Operating cash flow for the quarter was ¥32,868,257, a 15.91% increase from ¥28,357,911 in Q1 2024[3] - Cash flow from operating activities generated a net amount of 32,868,257 thousand yuan, compared to 28,357,911 thousand yuan in the previous period, showing an increase of approximately 16.5%[22] - The net cash flow from investment activities was negative at -¥17,770,554, a decline of 124.72% from -¥7,907,856 in the previous year[7] - The company paid special dividends during the quarter, resulting in a significant decrease of 87.26% in net cash flow from financing activities to ¥701,411 from ¥5,504,264[7] - Investment activities resulted in a net cash outflow of 17,770,554 thousand yuan, compared to a net outflow of 7,907,856 thousand yuan in the previous period[23] - Financing activities generated a net cash inflow of 701,411 thousand yuan, down from 5,504,264 thousand yuan, indicating a decrease of approximately 87.3%[23] Assets and Liabilities - Total assets at the end of the quarter were ¥820,097,269, up 4.25% from ¥786,658,123 at the end of the previous year[3] - The total current assets reached CNY 530,298,544 thousand, up from CNY 510,142,089 thousand, indicating an increase of about 3.67%[16] - Cash and cash equivalents increased to CNY 321,323,654 thousand from CNY 303,511,993 thousand, representing a growth of approximately 5.87%[15] - The total liabilities as of March 31, 2025, were CNY 530,957,915 thousand, compared to CNY 513,201,949 thousand at the beginning of the period, showing an increase of around 3.5%[17] - The total equity attributable to shareholders of the parent company rose to CNY 261,557,647 thousand from CNY 246,930,033 thousand, reflecting an increase of about 5.93%[18] Research and Development - Research and development expenses for the quarter were ¥4,814,003, a 10.92% increase compared to ¥4,340,205 in Q1 2024[7] - Research and development expenses amounted to 4,814,003 thousand yuan, up from 4,340,205 thousand yuan, indicating an increase of about 10.9%[19] Investments and Borrowings - The company’s long-term investments increased to CNY 56,483,298 thousand from CNY 54,791,525 thousand, reflecting a growth of approximately 3.09%[16] - The company’s short-term borrowings decreased from CNY 19,696,282 thousand to CNY 15,782,433 thousand, a reduction of about 19.4%[17] Other Financial Metrics - Operating profit rose to 17,340,443 thousand yuan, an increase from 13,332,747 thousand yuan, marking a growth of approximately 30.1%[20] - The company reported a decrease in accounts receivable from CNY 64,135,510 thousand to CNY 60,182,430 thousand, a decline of approximately 6.5%[15] - The inventory increased to CNY 65,639,666 thousand from CNY 59,835,533 thousand, indicating a rise of about 9.7%[15] Future Plans - The company plans to issue H shares and list on the Hong Kong Stock Exchange, with board meetings scheduled for December 26, 2024, and January 17, 2025, to approve the issuance[13]