PDH(600048)2025-04-28 13:55Financial Performance - The company's operating revenue for Q1 2025 was CNY 5,427,179.02 million, an increase of 9.09% compared to CNY 4,974,849.75 million in the same period last year[4] - The net profit attributable to shareholders decreased by 12.27% to CNY 195,080.07 million from CNY 222,360.66 million year-on-year[4] - The basic earnings per share for Q1 2025 was CNY 0.16, down 11.88% from CNY 0.19 in the previous year[4] - In Q1 2025, the company achieved revenue of 54.272 billion RMB, a year-on-year increase of 9.09%[12] - Net profit for Q1 2025 was 3.368 billion RMB, a year-on-year decrease of 15.43%[12] - The net profit attributable to shareholders was 1.951 billion RMB, down 12.27% compared to the previous year[12] - Total operating revenue for Q1 2025 reached ¥54.27 billion, a 9.1% increase from ¥49.75 billion in Q1 2024[19] - Net profit for Q1 2025 was ¥3.37 billion, a decrease of 15.4% compared to ¥3.98 billion in Q1 2024[20] - Earnings per share for Q1 2025 was ¥0.16, down from ¥0.19 in Q1 2024[20] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 165,842.33 million, a significant recovery from a negative cash flow of CNY -3,330,586.76 million in the previous year[4] - Cash flow from operating activities for Q1 2025 was ¥1.66 billion, a significant improvement from a negative cash flow of ¥33.31 billion in Q1 2024[24] - Cash received from sales and services in Q1 2025 totaled ¥60.25 billion, compared to ¥53.03 billion in Q1 2024[24] - The company's cash and cash equivalents increased by approximately RMB 13.75 billion, resulting in an ending balance of RMB 146.25 billion[25] - The company reported cash and cash equivalents of ¥29,779,204,796.83 at the end of Q1 2025, up from ¥1,923,791,061.84 at the end of Q1 2024[36] - The net cash increase for Q1 2025 was ¥18,553,176,753.13, contrasting with a decrease of -¥9,647,157,979.90 in Q1 2024[36] Assets and Liabilities - The total assets at the end of Q1 2025 were CNY 133,066,549.06 million, a slight decrease of 0.33% from CNY 133,510,801.56 million at the end of the previous year[4] - As of the end of the reporting period, total assets amounted to 1,330.665 billion RMB, a decrease of 0.33% from the end of the previous year[12] - The company's debt-to-asset ratio was 74.06%, a decrease of 0.29 percentage points from the previous year[12] - The company's total current liabilities decreased from 722.599 billion RMB to 699.017 billion RMB[17] - Long-term borrowings increased from 208.132 billion RMB to 226.291 billion RMB[17] - Total assets reached approximately RMB 364.95 billion, compared to RMB 349.83 billion at the end of 2024, reflecting a growth of about 4.5%[29] - Total liabilities increased to approximately RMB 314.35 billion, up from RMB 298.59 billion, indicating a rise of about 5.3%[29] Shareholder Information - The company reported a total of 218,192 common shareholders at the end of the reporting period[7] - The net assets attributable to shareholders increased by 1.00% to 199.569 billion RMB compared to the end of last year[12] - The company's equity decreased to approximately RMB 50.60 billion from RMB 51.24 billion, a decline of about 1.25%[30] - The company reported a decrease in undistributed profits to approximately RMB 12.96 billion from RMB 13.61 billion, a decline of about 4.8%[30] Investment and Expenses - The company expanded its real estate projects by 11, adding a total gross floor area of 1.09 million square meters at a total acquisition cost of CNY 18 billion, all located in 38 core cities[11] - Investment income for Q1 2025 was ¥134.08 million, a decrease from ¥399.99 million in Q1 2024[19] - The company incurred financial expenses of ¥592,296,055.39 in Q1 2025, down from ¥756,338,382.29 in Q1 2024[32] - The company reported a significant increase in investment income to ¥21,250,537.18 in Q1 2025, compared to a loss of -¥12,301,755.74 in Q1 2024[32] - Tax expenses for Q1 2025 were ¥1.38 billion, slightly down from ¥1.42 billion in Q1 2024[20] - Other comprehensive income for Q1 2025 showed a net loss of ¥25.81 million, contrasting with a gain of ¥64.90 million in Q1 2024[20]