中国长城(000066) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥2,858,093,589.06, representing a 7.32% increase compared to ¥2,663,126,153.32 in the same period last year[3] - The net profit attributable to shareholders was -¥159,515,661.11, an improvement from -¥249,815,522.35 year-over-year, indicating a 36.15% reduction in losses[3] - The total profit (loss) for the period was -¥148,502,422.71, a 43.28% improvement from -¥261,804,108.40 year-over-year[9] - Operating profit for the current period was -¥139,216,886.89, an improvement from -¥261,342,582.69 in the previous period[18] - Net profit for the current period was -¥172,452,661.40, compared to -¥249,515,706.83 in the previous period, indicating a reduction in losses[18] Cash Flow - The net cash flow from operating activities improved to -¥573,872,584.71, a 47.63% increase compared to -¥1,095,762,482.36 in the previous year[9] - Cash inflow from operating activities totaled 3,913,041,833.81 CNY, up from 3,393,806,773.85 CNY in the previous period[20] - Cash outflow from operating activities was 4,486,914,418.52 CNY, slightly down from 4,489,569,256.21 CNY in the previous period[21] - The net cash flow from investing activities was 769,881,483.51 CNY, compared to 821,398,292.07 CNY in the previous period[21] - Cash inflow from investing activities was 2,363,096,059.56 CNY, an increase from 2,137,507,985.18 CNY in the previous period[21] - Cash outflow from financing activities was 3,014,385,129.21 CNY, down from 3,398,795,020.84 CNY in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥32,307,458,506.31, a decrease of 0.96% from ¥32,620,114,051.07 at the end of the previous year[3] - Total liabilities increased slightly to ¥20,211,854,326.28 from ¥20,175,046,732.80, marking a rise of 0.18%[17] - Current liabilities totaled ¥11,998,024,606.55, down from ¥12,153,324,901.52, a decrease of 1.28%[17] - Long-term borrowings rose to ¥6,858,404,409.73 from ¥6,515,473,005.14, an increase of 5.26%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period was 413,708[11] - The largest shareholder, China Electronics Corporation, holds 39.35% of shares, totaling 1,269,203,475 shares[11] Management and Expenses - The company’s management expenses rose by 78.54% to ¥209,993,832.56, primarily due to changes in equity incentive costs[9] - Research and development expenses were ¥287,475,318.17, a decrease of 8.29% from ¥313,464,623.23 in the previous period[18] Other Income and Comprehensive Income - The company reported a significant increase in other income, which rose by 550.64% to ¥209,473,859.71, primarily due to increased government subsidies[9] - Other comprehensive income after tax for the current period was ¥29,962,163.12, compared to ¥6,723,336.04 in the previous period, showing significant improvement[18] - The total comprehensive income for the period was -142,490,498.28 CNY, compared to -242,792,370.79 CNY in the previous period[19] Share Repurchase and Fund Management - The company plans to continue using up to RMB 1.8 billion of idle raised funds to temporarily supplement working capital for a period not exceeding 12 months[12] - The company approved a share repurchase plan with a total fund amount between RMB 166 million and RMB 256 million, with a maximum repurchase price of RMB 18.00 per share[12] - A total of 11,114,404 shares were repurchased, accounting for 0.3445% of the total share capital, with a total transaction amount of RMB 166,190,269.88[13] Cash and Equivalents - The cash and cash equivalents at the end of the reporting period amounted to RMB 4,002,516,969.44, an increase from RMB 3,836,163,758.77 at the beginning of the period[15] - The cash and cash equivalents at the end of the period amounted to 3,583,192,387.79 CNY, compared to 3,882,397,464.59 CNY at the end of the previous period[21] - The company’s cash and cash equivalents increased by 144.38% to ¥79,635,975.34, attributed to improved sales collections and tax refunds[9] Earnings Per Share - Basic earnings per share were -0.050 CNY, improving from -0.077 CNY in the previous period[19] Mergers and Acquisitions - The company did not execute any mergers or acquisitions during the reporting period, with no net profit from merged entities[19]