CJS(600176)2025-04-23 09:40Financial Performance - The company's operating revenue for Q1 2025 reached ¥4,478,911,752.73, representing a 32.42% increase compared to ¥3,382,461,403.67 in the same period last year[5] - Net profit attributable to shareholders was ¥730,417,877.32, a significant increase of 108.52% from ¥350,293,847.52 year-on-year[5] - The net profit excluding non-recurring gains and losses surged by 342.45% to ¥744,229,066.28 from ¥168,205,778.28 in the previous year[5] - Basic earnings per share rose to ¥0.1825, reflecting an increase of 108.57% compared to ¥0.0875 in the same period last year[5] - The net profit for Q1 2025 was CNY 762,763,314.52, a significant increase from CNY 364,623,249.95 in Q1 2024, representing a growth of 109.1%[20] - The total revenue from operating activities in Q1 2025 reached CNY 2,828,313,330.57, compared to CNY 2,524,802,348.11 in Q1 2024, marking an increase of 12.0%[23] - The operating profit for Q1 2025 was CNY 941,685,143.71, up from CNY 448,949,635.05 in Q1 2024, reflecting a growth of 109.0%[20] - The total comprehensive income for Q1 2025 was CNY 759,583,940.01, compared to CNY 368,646,085.47 in Q1 2024, showing an increase of 105.8%[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥53,832,855,878.07, a slight increase of 0.85% from ¥53,378,083,328.82 at the end of the previous year[6] - Total current assets rose to ¥13,637,210,349.29 as of March 31, 2025, compared to ¥13,355,519,388.49 as of December 31, 2024, an increase of 2.1%[14] - Total liabilities decreased slightly to ¥21,625,149,259.94 as of March 31, 2025, from ¥21,929,960,650.70 as of December 31, 2024, a reduction of 1.4%[15] - Non-current assets totaled ¥40,195,645,528.78 as of March 31, 2025, up from ¥40,022,563,940.33 as of December 31, 2024, an increase of 0.4%[14] - The company's total assets increased to ¥53,832,855,878.07 as of March 31, 2025, from ¥53,378,083,328.82 as of December 31, 2024, a growth of 0.8%[16] - The company's retained earnings rose to ¥21,970,189,920.71 as of March 31, 2025, compared to ¥21,239,772,043.39 as of December 31, 2024, an increase of 3.5%[16] Cash Flow - The company reported a net cash flow from operating activities of -¥92,542,930.27, an improvement from -¥191,382,726.93 in the previous year[5] - The net cash flow from operating activities for Q1 2025 was negative at CNY -92,542,930.27, an improvement from CNY -191,382,726.93 in Q1 2024[24] - Cash and cash equivalents decreased to ¥2,611,650,259.08 as of March 31, 2025, from ¥3,123,316,111.08 as of December 31, 2024, a decline of 16.4%[13] - The cash and cash equivalents at the end of Q1 2025 were CNY 2,611,650,259.08, down from CNY 3,811,987,801.28 at the end of Q1 2024[25] - The company experienced a decrease in cash flow from investing activities, with a net cash outflow of CNY -204,010,075.86 in Q1 2025 compared to CNY -307,196,331.78 in Q1 2024[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 96,682[10] - The largest shareholder, China National Building Material Group Corporation, holds 29.22% of the shares, totaling 1,169,652,168 shares[10] Costs and Expenses - Total operating costs for Q1 2025 were ¥3,593,892,387.12, up from ¥3,160,576,306.54 in Q1 2024, reflecting a 13.7% increase[19] - Research and development expenses in Q1 2025 amounted to ¥152,532,192.94, compared to ¥127,232,004.46 in Q1 2024, indicating a 19.9% increase[19] - The company reported a decrease in interest expenses from CNY 80,100,902.45 in the previous period to CNY 68,380,608.16 in the current period[20] - The investment income for Q1 2025 was CNY 11,646,216.79, slightly down from CNY 12,297,437.81 in Q1 2024[20] Revenue and Profit Drivers - The increase in revenue and profit was attributed to higher sales volume and prices, along with a reduction in unit costs[8]