Financial Performance - The company's revenue for Q1 2025 was CNY 925,339,012, representing a 0.52% increase compared to CNY 920,556,249 in the same period last year[4]. - Net profit attributable to shareholders decreased by 6.96% to CNY 224,794,454.64 from CNY 241,627,777.41 year-on-year[4]. - Basic earnings per share fell by 6.25% to CNY 0.15 from CNY 0.16 in the previous year[4]. - Total operating revenue for the current period reached ¥925,339,012, an increase from ¥920,556,249 in the previous period, representing a growth of approximately 0.2%[23]. - Operating profit decreased to ¥259,587,217.08 from ¥284,108,753.97, indicating a decline of approximately 8.7%[24]. - Net profit for the current period was ¥224,794,454.64, down from ¥241,429,853.54, a decrease of around 6.9%[24]. - Total comprehensive income for the period was CNY 224,793,137.76, a decrease from CNY 241,357,190.85 in the previous period[25]. - Basic and diluted earnings per share were both CNY 0.15, compared to CNY 0.16 in the previous period[25]. Assets and Liabilities - Total assets increased by 2.55% to CNY 15,810,661,534.38 from CNY 15,416,817,991.77 at the end of the previous year[5]. - Total current assets increased to ¥1,947,453,806.14 from ¥1,751,337,817.13, a growth of about 11.2%[21]. - Total non-current assets rose to ¥13,863,207,728.24 from ¥13,665,480,174.64, reflecting an increase of approximately 1.4%[21]. - Total liabilities increased to ¥9,065,500,897.69 from ¥8,904,521,804.88, representing a rise of about 1.8%[21]. - Total equity attributable to shareholders increased to ¥6,745,160,636.69 from ¥6,512,296,186.89, indicating a growth of approximately 3.6%[21]. Cash Flow - Net cash flow from operating activities was CNY 277,540,888.75, down from CNY 294,521,986.33 in the previous period[27]. - Cash inflow from operating activities totaled CNY 981,103,777.53, compared to CNY 1,086,530,860.46 in the previous period[26]. - Cash outflow from operating activities was CNY 703,562,888.78, a decrease from CNY 792,008,874.13 in the previous period[27]. - Net cash flow from investing activities was -CNY 231,653,547.50, an improvement from -CNY 277,889,397.43 in the previous period[27]. - Cash inflow from financing activities was CNY 760,000,000.00, down from CNY 1,467,640,361.77 in the previous period[27]. - Cash outflow from financing activities totaled CNY 825,543,881.25, compared to CNY 573,211,430.36 in the previous period[27]. - The ending cash and cash equivalents balance was CNY 609,249,973.08, a decrease from CNY 1,195,786,770.91 in the previous period[27]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 48,861[10]. - The largest shareholder, Zhongxing Group Co., Ltd., holds 48.38% of the shares, with 187,390,000 shares pledged[10]. - The company’s major shareholder, Zhongxing Group Co., Ltd., plans to reduce its holdings by 29,737,218 shares, which will be acquired by the company’s general manager[15]. Research and Development - R&D expenses increased by 49.44% compared to the same period last year, reflecting a significant increase in investment in research and development[7]. - Research and development expenses rose to ¥28,085,832.24 from ¥18,794,222.72, marking an increase of approximately 49.5%[24]. Operational Adjustments - The company is undergoing a strategic review of its fundraising projects to enhance efficiency and profitability in response to market conditions[16]. - The company plans to expand its lithium resource recovery project capacity from 12 million tons to 20 million tons per year, reflecting a strategic shift in project scope[16]. - The company’s subsidiary submitted a lithium mining resource development plan that was approved, with an open-pit mining scale of 20 million tons per year and underground mining of 8 million tons per year[18]. Other Financial Metrics - Total operating costs increased to ¥674,994,724.62 from ¥644,586,196.45, reflecting a rise of about 4.9%[23]. - The company reported a decrease in management expenses to ¥100,224,958.76 from ¥109,127,740.77, a reduction of about 8.3%[24]. - The company reported a cash balance of ¥633,533,607.47 at the end of the period, down from ¥648,543,834.15 at the beginning[19]. - Accounts receivable increased to ¥123,261,537.62 from ¥44,956,721.66, indicating a significant rise in outstanding payments[19]. - The company’s total receivables, including financing, reached ¥308,353,786.58, up from ¥83,858,924.83, indicating improved liquidity management[19]. - The company’s prepayments increased to ¥48,499,788.73 from ¥38,351,342.36, suggesting a proactive approach in securing future supplies[19]. - The company’s total assets and liabilities will be detailed in the upcoming financial reports, reflecting ongoing operational adjustments[19]. Audit Information - The first quarter report was not audited[29].
大中矿业(001203) - 2025 Q1 - 季度财报