Financial Performance - The company's operating revenue for Q1 2025 was ¥5,201,699,192.70, a decrease of 7.78% compared to ¥5,640,329,568.00 in the same period last year[7]. - Net profit attributable to shareholders was ¥703,039,778.47, down 28.78% from ¥987,204,787.01 year-on-year[7]. - Basic earnings per share fell to ¥0.19, a decline of 26.92% from ¥0.26 in the same period last year[7]. - Net profit for the current period was CNY 1,060,477,052.38, down 28.5% from CNY 1,482,268,245.09 in the previous period[21]. - The net profit attributable to the parent company was CNY 703,039,778.47, a decrease of 29.0% compared to CNY 987,204,787.01 in the previous period[21]. Cash Flow - The net cash flow from operating activities decreased by 29.39%, amounting to ¥1,650,223,332.31 compared to ¥2,337,206,061.96 in the previous year[7]. - Operating cash flow for the current period is ¥1,650,223,332.31, a decrease of 29.4% from ¥2,337,206,061.96 in the previous period[22]. - Total cash inflow from investment activities is ¥338,000,000.00, compared to ¥1,010,593.55 in the previous period, indicating a significant increase[22]. - Cash outflow for investment activities is ¥1,321,039,155.53, up from ¥963,928,274.07 in the previous period, reflecting a 37.1% increase[22]. - Net cash flow from financing activities is -¥446,351,195.93, an improvement from -¥555,299,055.24 in the previous period[23]. - The ending balance of cash and cash equivalents is ¥4,491,365,070.74, down from ¥5,883,104,262.97 in the previous period[23]. - Cash inflow from borrowing is ¥1,623,828,412.59, significantly higher than ¥613,789,000.00 in the previous period, showing a 164.5% increase[23]. - Cash received from other financing activities is ¥81,380,743.19, compared to ¥51,034,166.67 in the previous period, marking a 59.5% increase[23]. - Total cash outflow for financing activities is ¥2,251,310,351.71, up from ¥1,220,122,221.91 in the previous period, indicating an 84.5% increase[23]. - Cash received from investment income is ¥138,000,000.00, compared to ¥0.00 in the previous period, showing a positive development[22]. - Cash received from other investment activities is ¥200,000,000.00, with no corresponding amount in the previous period, indicating new investment strategies[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥68,431,611,260.18, reflecting a slight increase of 0.32% from ¥68,215,330,894.91 at the end of the previous year[7]. - Total liabilities decreased to CNY 35,978,206,726.71 from CNY 36,241,813,903.38 in the previous period[19]. - Total equity attributable to the parent company increased to CNY 25,562,826,315.11 from CNY 24,717,324,342.16 in the previous period[19]. - The company reported a total current assets of RMB 9,162,259,083.63 as of March 31, 2025, an increase from RMB 9,016,449,344.73 at the beginning of the period, reflecting a growth of approximately 1.62%[17]. - Long-term equity investments increased to RMB 2,468,925,305.99 from RMB 2,391,490,706.80, showing a growth of approximately 3.23%[17]. - The company’s fixed assets stood at RMB 37,928,000,262.14, up from RMB 37,569,691,335.38, reflecting an increase of about 0.96%[17]. - The company’s inventory decreased to RMB 434,139,630.99 from RMB 546,746,008.50, indicating a decline of approximately 20.51%[17]. - The company reported a credit impairment loss of CNY -2,509,589.41, compared to a gain of CNY 7,362,795.83 in the previous period[21]. Management Changes - The company has appointed new management, including Wang Dong as the new chairman and Wang Chen as the new general manager, following several retirements and appointments[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 92,159, with the largest shareholder holding 64.31% of the shares[11]. Research and Development - Research and development expenses were CNY 1,316,238.44, slightly down from CNY 1,328,970.34 in the previous period[20].
陕西能源(001286) - 2025 Q1 - 季度财报