上海机电(600835) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 4,211,876,532.30, a decrease of 2.30% compared to CNY 4,311,142,142.36 in the same period last year[4] - Net profit attributable to shareholders was CNY 203,536,313.86, down 4.13% from CNY 212,299,141.97 year-on-year[4] - The basic earnings per share decreased by 4.76% to CNY 0.20 from CNY 0.21 in the previous year[4] - Net profit for Q1 2025 was CNY 316,124,711.52, compared to CNY 323,322,438.39 in Q1 2024, indicating a slight decline of 2.0%[18] - Operating profit for Q1 2025 was CNY 361,859,658.86, slightly lower than CNY 369,076,823.48 in Q1 2024[18] - The total comprehensive income for Q1 2025 was ¥316,124,711.52, down 2.2% from ¥323,322,438.39 in Q1 2024[19] - The basic and diluted earnings per share for Q1 2025 were both ¥0.20, compared to ¥0.21 in Q1 2024, reflecting a decrease of approximately 4.8%[19] Cash Flow - The net cash flow from operating activities improved to CNY -129,113,435.85, compared to CNY -218,134,602.52 in the same period last year, indicating a positive trend[4] - Cash inflows from operating activities in Q1 2025 totaled ¥4,217,275,435.18, a decline of 5.5% from ¥4,459,359,056.23 in Q1 2024[21] - The net cash flow from operating activities for Q1 2025 was -¥129,113,435.85, an improvement from -¥218,134,602.52 in Q1 2024[21] - Cash inflows from investing activities in Q1 2025 were ¥307,664,977.62, significantly higher than ¥138,854,377.80 in Q1 2024[22] - The net cash flow from investing activities for Q1 2025 was ¥163,518,619.18, compared to -¥113,603,330.59 in Q1 2024, indicating a positive shift[22] - Cash inflows from financing activities in Q1 2025 were ¥7,170,000.00, down from ¥24,346,244.45 in Q1 2024[22] - The net increase in cash and cash equivalents for Q1 2025 was ¥36,693,240.39, contrasting with a decrease of -¥338,056,903.40 in Q1 2024[22] - The ending balance of cash and cash equivalents as of the end of Q1 2025 was ¥8,248,516,063.32, an increase from ¥8,092,602,321.31 at the end of Q1 2024[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 34,811,734,864.02, a decrease of 1.01% from CNY 35,165,713,158.84 at the end of the previous year[4] - Total assets as of March 31, 2025, were CNY 34,811,734,864.02, down from CNY 35,165,713,158.84 as of December 31, 2024[14] - Total liabilities as of March 31, 2025, were CNY 18,152,358,662.66, compared to CNY 18,823,268,180.96 as of December 31, 2024[15] - The company’s total equity increased to CNY 16,659,376,201.36 as of March 31, 2025, from CNY 16,342,444,977.88 as of December 31, 2024[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 69,514[8] - The largest shareholder, Shanghai Electric Group Co., Ltd., held 48.02% of the shares, totaling 491,073,586 shares[8] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 2,540,920.90, which are closely related to its normal business operations[6] - Non-recurring gains and losses totaled CNY 14,300,652.08 after accounting for tax effects and minority interests[6] Future Outlook - The company plans to continue focusing on cost management and efficiency improvements to enhance profitability in the upcoming quarters[18]