物产环能(603071) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 9,948,618,685.50, a decrease of 4.91% compared to CNY 10,462,405,300.85 in the same period last year[4] - Net profit attributable to shareholders decreased by 35.44% to CNY 154,578,930.56 from CNY 239,441,167.13 year-on-year[4] - Basic and diluted earnings per share fell by 34.88% to CNY 0.28 from CNY 0.43 in the previous year[5][9] - Net profit for Q1 2025 was ¥186,061,188.56, a decline of 28.8% from ¥261,335,364.38 in Q1 2024[21] - The company reported a decrease in total profit before tax to ¥233,148,707.74 in Q1 2025 from ¥335,530,995.17 in Q1 2024[21] - The company’s investment income decreased to ¥13,475,440.85 in Q1 2025 from ¥23,442,910.49 in Q1 2024[20] Cash Flow and Assets - Net cash flow from operating activities improved significantly to CNY 182,752,008.81 from a negative CNY 995,943,965.55 in the same period last year[4] - Net cash flow from operating activities for Q1 2025 was ¥182,752,008.81, a significant improvement from a negative cash flow of ¥995,943,965.55 in Q1 2024[23] - Cash and cash equivalents decreased to RMB 303,180,015.14 from RMB 557,408,470.79, representing a decline of approximately 45.6%[15] - Cash and cash equivalents at the end of Q1 2025 were ¥202,335,385.07, down from ¥647,187,670.88 at the end of Q1 2024[24] - Investment activities generated a net cash outflow of ¥340,360,570.15 in Q1 2025, compared to a smaller outflow of ¥7,585,936.23 in Q1 2024[24] - Financing activities resulted in a net cash outflow of ¥178,471,081.10 in Q1 2025, contrasting with a net inflow of ¥1,192,420,491.05 in Q1 2024[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,977[10] - The largest shareholder, Wuchan Zhongda Group Co., Ltd., held 54.12% of the shares, totaling 301,968,738 shares[11] Asset and Liability Overview - Total assets increased by 3.59% to CNY 12,133,413,969.48 compared to CNY 11,713,081,807.00 at the end of the previous year[5] - As of March 31, 2025, the total assets of Zhejiang Wuchan Environmental Protection Energy Co., Ltd. amounted to RMB 12,133,413,969.48, an increase from RMB 11,713,081,807.00 as of December 31, 2024, reflecting a growth of approximately 3.6%[15] - The company's current assets totaled RMB 7,694,770,420.41, up from RMB 7,162,958,827.16, indicating an increase of about 7.4%[15] - The total liabilities increased to RMB 5,377,348,584.65 from RMB 5,149,080,935.89, which is an increase of approximately 4.4%[17] - The company's equity attributable to shareholders reached RMB 5,671,335,695.03, up from RMB 5,512,782,741.93, reflecting a growth of about 2.9%[17] Inventory and Receivables - Accounts receivable rose to RMB 1,379,879,485.92 from RMB 1,264,461,957.70, marking an increase of about 9.1%[15] - The inventory remained relatively stable at RMB 3,017,754,858.37, slightly down from RMB 3,022,667,848.23[15] - The company reported a significant increase in prepayments, which rose to RMB 1,267,783,857.29 from RMB 993,408,432.27, indicating a growth of approximately 27.6%[15] Market Impact - The decline in net profit was primarily attributed to external market fluctuations affecting the coal circulation business[8]