博威合金(601137) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 4,964,240,650.25, representing a 10.59% increase compared to CNY 4,489,041,580.90 in the same period last year[3] - Net profit attributable to shareholders was CNY 316,783,405.57, up 20.64% from CNY 262,585,735.77 year-on-year[3] - Basic earnings per share increased to CNY 0.39, a rise of 14.71% from CNY 0.34 in the same period last year[3] - The net profit after deducting non-recurring gains and losses was CNY 305,917,074.66, which is a 21.95% increase from CNY 250,859,086.64 in the previous year[3] - Total revenue for Q1 2025 reached ¥4,964,240,650.25, an increase of 10.6% compared to ¥4,489,041,580.90 in Q1 2024[15] - Net profit for Q1 2025 was ¥316,783,405.57, representing a 20.6% increase from ¥262,585,735.77 in Q1 2024[17] - Basic earnings per share for Q1 2025 were ¥0.39, compared to ¥0.34 in Q1 2024[17] - The company reported a total comprehensive income of ¥318,516,062.56 for Q1 2025, up from ¥174,524,169.61 in Q1 2024[17] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 703,708,974.30, an improvement from negative CNY 1,060,297.13 in the previous year, indicating a significant reduction in cash outflow[3] - Operating cash flow for Q1 2025 was negative at -¥703,708,974.30, an improvement from -¥1,060,297.13 in Q1 2024[18] - The net cash flow from financing activities was 992,888,533.90, contrasting with a negative cash flow of -802,718,693.53 in the previous period, showing improved financing conditions[19] - The cash and cash equivalents at the end of the period totaled 1,670,641,046.11, down from 2,894,512,277.03, indicating a decrease in liquidity[19] - The company experienced a net decrease in cash and cash equivalents of -360,694,370.92, compared to -990,129,039.10 in the previous period, suggesting a reduction in cash burn[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 18,402,217,692.78, reflecting a 6.40% increase from CNY 17,295,399,736.92 at the end of the previous year[3] - The company's current assets totaled RMB 11,200,691,569.42, up from RMB 10,619,875,360.54, indicating an increase of about 5.5%[12] - Inventory levels rose to RMB 5,775,166,016.02 from RMB 5,266,690,068.50, representing an increase of approximately 9.6%[12] - The company's accounts receivable stood at RMB 2,245,270,466.92, compared to RMB 2,150,317,076.96, marking an increase of approximately 4.4%[12] - The total liabilities decreased slightly to RMB 6,056,721,219.94 from RMB 6,349,683,814.00, reflecting a decrease of about 4.6%[13] - The company's non-current assets totaled RMB 7,201,526,123.36, an increase from RMB 6,675,524,376.38, indicating a growth of approximately 7.8%[13] Financing Activities - The company experienced a 223.69% increase in net cash flow from financing activities, attributed to increased borrowings during the period[6] - Total cash inflow from financing activities amounted to 2,307,864,321.02, up from 663,255,492.44, reflecting a strong capital raising effort[19] - The company repaid debts amounting to 1,276,553,434.95, which is a decrease from 1,437,856,317.26, indicating a reduction in debt servicing[19] Other Financial Metrics - The weighted average return on equity was 3.69%, slightly up by 0.04 percentage points from 3.65%[3] - Research and development expenses for Q1 2025 were ¥109,727,347.59, slightly up from ¥104,085,979.82 in Q1 2024[16] - Deferred income increased to ¥284,088,253.58 in Q1 2025, compared to ¥240,809,357.08 in Q1 2024[14] - The company reported a significant increase in prepayments by 98.16%, primarily due to increased advance payments for materials[6] - The impact of exchange rate changes on cash and cash equivalents was 4,218,118.59, compared to 56,315,177.98 previously, reflecting a decrease in foreign exchange gains[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 46,933[7] - The company reported a total of 229,537,181 shares held by its largest shareholder, Bo Wei Group Co., Ltd.[10] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may affect future financial reporting[20]