YXCHC(000987)2025-04-29 12:50Financial Performance - Total operating revenue for Q1 2025 was CNY 2,742,394,116.85, a decrease of 9.42% compared to CNY 3,027,697,091.44 in Q1 2024[11] - Net profit attributable to shareholders increased by 40.52% to CNY 656,535,195.32 from CNY 467,233,189.55 year-on-year[11] - Basic and diluted earnings per share increased by 39.74% to CNY 0.1301 from CNY 0.0931 in the same period last year[11] - Main business income surged by 224.12% to CNY 1,023,811,638.09, primarily due to increased electricity revenue from the new energy business[18] - Net profit for the current period is CNY 848,664,356.00, up 108.5% compared to CNY 407,735,140.53 in the previous period[32] - Operating profit for the current period is CNY 993,238,492.04, a significant increase from CNY 490,294,308.42 in the previous period[31] - Investment income rose to CNY 852,114,050.11 from CNY 678,563,299.80, an increase of 25.5%[31] Cash Flow - Net cash flow from operating activities rose by 43.80% to CNY 2,891,445,359.74 compared to CNY 2,010,733,293.34 in the previous year[11] - The net cash flow from operating activities increased by 43.80% to CNY 2,891,445,359.74 compared to CNY 2,010,733,293.34 in the same period last year, primarily due to increased net recoveries from financing lease and non-performing asset businesses[19] - Operating cash flow for the current period is CNY 2,891,445,359.74, an increase of 43.5% compared to CNY 2,010,733,293.34 in the previous period[33] - Total cash inflow from operating activities decreased to CNY 11,974,113,147.68, down 37.0% from CNY 19,007,822,687.52 in the previous period[33] - Cash inflow from financing activities rose to CNY 23,263,450,758.21, an increase of 7.8% from CNY 21,591,900,905.79 in the previous period[34] - The net cash flow from financing activities for the current period is CNY 2,941,298,179.28, a decrease of 7.2% compared to CNY 3,171,706,340.55 in the previous period[34] Assets and Liabilities - Total assets decreased by 4.03% to CNY 210,948,606,049.89 from CNY 219,811,594,858.43 at the end of the previous year[11] - Total current assets decreased to CNY 112,591,907,611.77 from CNY 119,414,111,759.14[28] - Long-term equity investments increased to CNY 35,419,143,479.37 from CNY 33,107,201,595.03[29] - Total liabilities decreased to CNY 163,752,010,909.62 from CNY 173,902,694,812.02, a reduction of 5.5%[30] - Total equity increased to CNY 47,196,595,140.27 from CNY 45,908,900,046.41, an increase of 2.8%[30] - The total liabilities increased, with short-term borrowings rising to CNY 7,595,271,385.65 from CNY 7,244,317,661.60[29] Expenses - Interest income fell by 31.15% to CNY 750,381,345.44, mainly due to reduced income from financing leases and non-performing asset management[18] - Management expenses increased by 37.46% to CNY 274,250,430.77, driven by higher labor costs[18] - Financial expenses decreased significantly, with interest expenses reported at CNY 125,390,052.28 compared to a previous period of CNY 0 due to a change in accounting treatment[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 67,004[22] - The largest shareholder, Yuexiu Group, holds 43.82% of the shares, amounting to 2,198,601,036 shares[22] Investment Activities - The net cash flow from investing activities was CNY -6,044,629,418.60, a significant increase in investment compared to CNY -4,186,095,602.49 in the previous year, mainly due to increased investment in equity projects[19] - Cash inflow from investment activities increased to CNY 4,815,414,890.95, compared to CNY 1,564,038,126.29 in the previous period[34] - Cash outflow for the purchase of fixed assets and intangible assets was CNY 3,000,657,144.65, a decrease from CNY 3,800,322,553.11 in the previous period[34] - The company received CNY 598,440,000.00 from investment contributions, indicating active capital raising efforts[34] Other Comprehensive Income - Other comprehensive income after tax for the current period is CNY 2,784,586.70, down from CNY 25,981,032.94 in the previous period[32] Exchange Rate Impact - The company reported a negative impact of CNY -10,880,997.72 from exchange rate fluctuations on cash and cash equivalents[34]