九丰能源(605090) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 5,483,807,600.39, a decrease of 13.41% compared to CNY 6,332,856,932.64 in the same period last year[9] - Net profit attributable to shareholders was CNY 506,049,632.95, representing a year-on-year increase of 5.40% from CNY 480,136,783.84[9] - The basic earnings per share for Q1 2025 was CNY 0.80, up 3.90% from CNY 0.77 in the same period last year[9] - Net profit for Q1 2025 reached approximately ¥505.10 million, an increase of 4.1% from ¥485.27 million in Q1 2024[37] - Total profit for Q1 2025 was approximately ¥553.61 million, compared to ¥524.52 million in Q1 2024, marking an increase of 5.6%[35] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 27.44% to CNY 495,949,833.34, down from CNY 683,458,644.48 in the previous year[9] - Cash and cash equivalents were reported at CNY 5,409,221,998.32, down from CNY 5,862,290,653.01, indicating a decrease of about 7.69%[24][26] - The net cash flow from investing activities was -940,039,231.61, compared to -924,221,014.94 in the previous period, indicating a slight increase in cash outflow[44] - The total cash outflow from investing activities was 1,872,086,693.03, compared to 1,451,718,482.16 in the previous period, indicating an increase of approximately 28.9%[44] - The cash flow from operating activities was not detailed in the provided content, indicating a focus on investment and financing activities[44] Assets and Liabilities - The total assets at the end of the reporting period were CNY 15,163,607,667.80, a slight increase of 0.06% from CNY 15,154,145,947.98 at the end of the previous year[9] - The company's current assets decreased to CNY 7,381,238,638.39 from CNY 7,759,566,620.36, representing a decline of approximately 4.88%[24][26] - The total liabilities decreased to CNY 4,950,336,834.94 from CNY 5,539,973,099.39, reflecting a reduction of approximately 10.63%[30] - The company's equity increased to CNY 10,213,270,832.86 from CNY 9,614,172,848.59, marking an increase of about 6.23%[30] - The total liabilities to equity ratio improved to approximately 0.49 from 0.58, indicating a stronger financial position[30] Operational Highlights - The company reported a significant increase in the sales volume of high-purity helium gas, exceeding 80,000 cubic meters, which is a year-on-year growth of approximately 40%[11] - The LPG business saw an increase in sales volume compared to the previous year, supported by a stable pricing capability and enhanced operational efficiency[11] Costs and Expenses - The company incurred a total of CNY 2,786.76 million in costs related to stock incentive plans and convertible bond issuance, impacting net profit[12] - Total operating costs for Q1 2025 were approximately ¥4.98 billion, down from ¥5.86 billion in Q1 2024, reflecting a reduction of 15.1%[35] - Research and development expenses for Q1 2025 were approximately ¥3.01 million, up from ¥2.11 million in Q1 2024, reflecting a growth of 42.8%[35] Comprehensive Income - The company reported a total comprehensive income of approximately ¥491.51 million for Q1 2025, slightly down from ¥492.02 million in Q1 2024[37] - Other comprehensive income after tax for Q1 2025 was approximately -¥13.60 million, compared to ¥6.75 million in Q1 2024[37]