晶科科技(601778) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,112,184,199.98, representing a 43.00% increase compared to CNY 777,734,696.76 in the same period last year[4]. - The net loss attributable to shareholders was CNY -34,871,267.83, an improvement from a loss of CNY -98,644,070.26 in the previous year[4]. - The net cash flow from operating activities was CNY 1,199,135,572.55, a significant recovery from a negative cash flow of CNY -171,019,746.43 in the same period last year[4]. - The weighted average return on equity improved to -0.22%, up by 0.42 percentage points from -0.64% in the previous year[5]. - The basic and diluted earnings per share were both CNY -0.01, unchanged from the previous year[4]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 43,426,407,310.59, a 1.96% increase from CNY 42,593,036,827.78 at the end of the previous year[5]. - The company's total equity decreased slightly to RMB 15.95 billion from RMB 15.99 billion, a decline of about 0.3%[15]. - Total liabilities increased to RMB 27.48 billion from RMB 26.60 billion, marking a rise of approximately 3.3%[15]. - The inventory level decreased to RMB 3.75 billion from RMB 4.69 billion, a reduction of approximately 19.8%[14]. - The long-term borrowings increased to RMB 9.49 billion from RMB 8.67 billion, reflecting a growth of about 9.5%[15]. - The company's short-term borrowings rose to RMB 2.17 billion from RMB 1.84 billion, an increase of approximately 18.0%[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 123,905[10]. - Jinko Solar Group Co., Ltd. held 23.90% of the shares, amounting to 853,400,000 shares, with 511,255,347 shares pledged[10]. - The company held 74,741,287 shares in its repurchase account, accounting for 2.09% of the total share capital[11]. Cash Flow Activities - The net cash inflow from investment activities was $163.41 million, a decrease from$227.08 million year-over-year[21]. - The net cash outflow from investment activities was $444.53 million, compared to$827.69 million in the previous period[21]. - Cash inflow from financing activities totaled $1.99 billion, an increase from$1.83 billion year-over-year[21]. - The net cash outflow from financing activities was $1.32 billion, down from$1.50 billion in the previous period[21]. - The net cash flow from financing activities was $676.29 million, compared to$324.85 million in the previous period[21]. - The cash and cash equivalents at the end of the period amounted to $5.96 billion, up from$2.99 billion year-over-year[21]. - The company received $1.54 billion in cash from borrowings, an increase from$1.20 billion in the previous period[21]. - The cash received from other financing activities was $455.50 million, down from$632.10 million year-over-year[21]. - The cash paid for debt repayment was $450.11 million, a decrease from$893.24 million in the previous period[21]. - The impact of exchange rate changes on cash and cash equivalents was $1.50 million, compared to a negative impact of$657.19 thousand in the previous period[21]. Government Subsidies and User Data - The company received government subsidies related to new energy totaling CNY 4,447,789.60, which are expected to have a lasting impact on profitability[7]. - The company reported a significant increase in user data from its household rolling development business, contributing positively to revenue growth[8].