EXPL(002096)2025-04-29 12:25Financial Performance - The company's revenue for Q1 2025 reached ¥2,009,837,745.64, representing a 13.18% increase compared to ¥1,775,834,657.02 in the same period last year[5] - Net profit attributable to shareholders was ¥165,157,700.48, up 22.54% from ¥134,781,668.64 year-on-year[5] - Basic and diluted earnings per share increased to ¥0.1331, reflecting a growth of 22.45% compared to ¥0.1087 in the same period last year[5] - Net profit for the current period was ¥174,403,197.95, representing a 23.29% increase from ¥141,480,909.97 in the previous period[24] - Earnings per share (EPS) for the current period was ¥0.1331, compared to ¥0.1087 in the previous period, reflecting a growth of 22.22%[25] - The company reported a total comprehensive income of ¥177,049,614.88, up from ¥145,796,872.76 in the previous period, reflecting a growth of 21.36%[24] Cash Flow - The net cash flow from operating activities improved significantly to ¥30,890,335.05, a 112.43% increase from a negative cash flow of ¥248,477,291.91 in the previous year[5] - Cash inflow from operating activities totaled ¥1,330,060,264.01, an increase from ¥1,058,440,027.16 in the prior period[26] - The net cash flow from operating activities was 248,477,291.91 in the previous period[27] - Total cash outflow from investing activities was 42,324,661.48 in the prior period, resulting in a net cash outflow of 9,967,520.65, worsening from -2,633,983,391.30, down from $2,372,180,910.64 in the prior period[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,709,623,781.88, a 6.19% increase from ¥11,026,854,370.37 at the end of the previous year[5] - Total current assets increased to approximately RMB 6.79 billion from RMB 6.19 billion, reflecting a growth of about 9.8%[18] - Total liabilities increased to ¥3,735,757,603.54, up from ¥3,241,991,044.41 in the previous period, indicating a growth of 15.25%[20] - Total equity attributable to shareholders reached ¥7,636,207,365.78, compared to ¥7,457,647,292.14 in the previous period, marking an increase of 2.40%[20] - The company's equity attributable to shareholders rose to ¥7,636,207,365.78, marking a 2.39% increase from ¥7,457,647,292.14 at the end of the last fiscal year[5] Receivables and Inventory - Accounts receivable financing increased by 57.98% to ¥439,822,283.94, primarily due to the receipt of bank acceptance bills[10] - Other receivables surged by 118.07% to ¥227,813,715.81, mainly due to payments for equity acquisition[10] - Accounts receivable rose to RMB 1.80 billion, up from RMB 1.48 billion, indicating an increase of approximately 21.7%[17] - The company reported a significant increase in inventory, which rose to RMB 490.97 million from RMB 433.39 million, reflecting a growth of approximately 13.3%[17] Contracts and Acquisitions - The company signed new contracts for blasting services totaling RMB 2.088 billion in Q1 2025[14] - The company won a bid for a project worth approximately RMB 2.904 billion, with the contract signed in April 2025[14] - The company acquired 51% of Henan Songguang Explosive Materials Co., Ltd. for RMB 316.13 million, making it a subsidiary[15] Other Financial Metrics - Total operating revenue for the current period reached ¥2,009,837,745.64, an increase of 13.14% compared to ¥1,775,834,657.02 in the previous period[22] - Total operating costs amounted to ¥1,825,748,001.45, up 12.79% from ¥1,618,858,975.43 in the prior period[23] - Research and development expenses were ¥31,453,973.82, a decrease of 12.56% from ¥36,011,448.46 in the previous period[23] - The company reported a significant increase in government subsidies, contributing to a 131.95% rise in non-operating income to ¥6,968,428.54[10] Shareholder Information - The total number of common shareholders at the end of the reporting period is 26,407[12] - The largest shareholder, China Gezhouba Group Co., Ltd., holds 43.37% of shares, totaling 538,032,152 shares[12] Audit Status - The first quarter report was not audited, indicating a preliminary financial status[29]