陕西煤业(601225) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 4,016,217.69 million, a decrease of 7.30% compared to CNY 4,044,925.41 million in the same period last year[5] - Net profit attributable to shareholders was CNY 480,477.16 million, reflecting a slight decrease of 1.23% from CNY 465,189.31 million year-on-year[5] - The net profit after deducting non-recurring gains and losses was CNY 455,201.42 million, down 14.98% from CNY 535,376.01 million in the previous year[5] - Basic earnings per share were CNY 0.4956, a decrease of 1.23% from CNY 0.48 in the previous year[6] - Net profit for Q1 2025 was CNY 7.32 billion, down 11.5% from CNY 8.27 billion in Q1 2024[21] - Operating profit for Q1 2025 was CNY 8.47 billion, a decline of 12.0% from CNY 9.63 billion in Q1 2024[21] - The company reported investment income of CNY 740.05 million, an increase of 30.8% from CNY 565.58 million in Q1 2024[21] - Minority shareholders' profit decreased to CNY 2.51 billion in Q1 2025 from CNY 3.40 billion in Q1 2024, a decline of 26.1%[21] Cash Flow - The net cash flow from operating activities was CNY 705,000.53 million, a decline of 18.51% compared to CNY 1,090,785.65 million in the same period last year[5] - Cash inflow from operating activities was CNY 47.61 billion, down 13.7% from CNY 55.18 billion in Q1 2024[23] - The net cash flow from operating activities was 7,050,005,301.49, a decrease of 18.5% compared to 8,651,346,439.63 in the previous period[24] - The total cash outflow from operating activities amounted to 40,561,427,962.03, a decrease of 12.7% from 46,532,104,586.28[24] - The cash inflow from financing activities totaled 1,781,464,140.16, an increase from 1,649,654,850.77 in the previous period[24] - The cash inflow from investment activities was 10,470,313.22, significantly lower than 137,762,465.48 in the previous period[24] - The company paid 1,757,603,244.09 in debt repayments, down from 2,402,724,480.81 in the previous period[24] - The cash flow from investment activities resulted in a net outflow of -3,000,185,161.62, compared to -2,069,777,800.96 previously[24] - The company’s cash and cash equivalents increased by 2,876,715,357.92 during the period, compared to an increase of 5,346,326,087.41 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 23,716,764.48 million, an increase of 3.77% from CNY 20,196,558.41 million at the end of the previous year[6] - The company's equity attributable to shareholders increased by 6.50% to CNY 9,647,837.08 million from CNY 9,485,067.93 million at the end of the previous year[6] - Current assets as of March 31, 2025, totaled approximately RMB 57.81 billion, an increase from RMB 52.18 billion at the end of 2024[18] - Total liabilities as of March 31, 2025, were approximately RMB 99.13 billion, slightly down from RMB 99.91 billion at the end of 2024[19] - Long-term borrowings increased to RMB 17.31 billion from RMB 13.87 billion at the end of 2024[19] - The company's total assets as of March 31, 2025, were approximately RMB 237.17 billion, up from RMB 228.55 billion at the end of 2024[18] - Total assets and equity increased to CNY 237.17 billion and CNY 138.04 billion respectively, compared to CNY 228.55 billion and CNY 128.65 billion in the previous year[20] - Total liabilities and equity reached CNY 237.17 billion, reflecting a growth of 3.5% year-over-year[20] Production and Sales - Coal production for March 2025 reached 1,527,000 tons, a slight increase of 0.15% compared to March 2024[15] - Self-produced coal sales for March 2025 were 1,237,170 tons, down 10.75% year-over-year[15] - Total electricity generation for March 2025 was 23.99 billion kWh, a decrease of 31.96% compared to March 2024[15] - Total electricity sales for March 2025 were 22.41 billion kWh, down 31.88% year-over-year[15] Adjustments and Investments - The company made adjustments to its financial statements due to the acquisition of Shaanxi Coal Group's subsidiary, which was consolidated into the financial reports[7] - The company reported a significant increase in long-term receivables by 285.80% due to loans to joint ventures[11] - Investment income rose by 30.85% year-on-year, attributed to increased returns from joint ventures[11] - Research and development expenses for Q1 2025 were CNY 22.21 million, a decrease of 15.0% from CNY 26.25 million in Q1 2024[20] - The total cash outflow from investing activities was 3,010,655,474.84, compared to 2,207,540,266.44 in the previous period, indicating an increase of 36.4%[24]