德赛电池(000049) - 2025 Q1 - 季度财报

Revenue and Profit - The company's revenue for Q1 2025 was CNY 4,368,587,670.56, representing a 6.69% increase compared to CNY 4,094,687,499.12 in the same period last year[4] - Net profit attributable to shareholders was CNY 48,661,774.56, up 10.96% from CNY 43,856,529.92 year-on-year[4] - The company's basic earnings per share increased to CNY 0.1265, a rise of 10.96% compared to CNY 0.1140 in the same period last year[4] - Net profit for the current period was ¥25,071,612.47, down 23.8% from ¥32,954,030.06 in the previous period[22] - The total comprehensive income attributable to shareholders of the parent company was ¥46,779,332.71, compared to ¥38,958,931.04 in the previous period, an increase of 20.0%[23] Cash Flow - The net cash flow from operating activities decreased by 21.72% to CNY 591,667,292.01 from CNY 755,856,285.73 in the previous year[4] - The net cash flow from operating activities was ¥591,667,292.01, a decrease of 21.7% compared to ¥755,856,285.73 in the previous period[24] - Total cash outflow from investing activities was approximately $2.42 billion, significantly higher than the previous period's $649.21 million[26] - Net cash flow from investing activities was -$311.66 million, slightly improved from -$341.85 million in the prior period[26] - Cash inflow from financing activities totaled $545.82 million, down from $669.09 million year-over-year[26] - Net cash flow from financing activities was $149.97 million, a slight decrease from $154.33 million[26] - The net increase in cash and cash equivalents was $443.78 million, down from $579.51 million in the prior period[26] - The ending balance of cash and cash equivalents was $1.70 billion, a decrease from $4.09 billion year-over-year[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,990,378,691.41, down 5.90% from CNY 16,993,299,577.74 at the end of the previous year[4] - Total current assets decreased to ¥10,525,868,673.16 from ¥11,491,586,746.31, reflecting a reduction of approximately 8.4%[17] - Total liabilities decreased to ¥9,374,067,456.00 from ¥10,400,116,788.78, indicating a decrease of about 9.8%[18] - The total liabilities decreased to ¥9,374,067,457.00 from ¥10,400,116,788.78, a reduction of 9.83%[19] - The company's total equity is not explicitly stated but can be inferred from the total assets and total liabilities[18] Expenses - Sales expenses increased by 34.68% to CNY 36,345,451.63, primarily due to higher exhibition and salary costs[11] - Research and development expenses increased to ¥207,476,876.41, up from ¥165,911,961.87, representing a growth of 25.1%[22] - The company experienced a substantial increase in asset impairment losses, which amounted to CNY -62,770,019.81, reflecting a significant rise in inventory write-downs[11] Other Financial Metrics - The weighted average return on equity was 0.74%, slightly up from 0.69% in the previous year[4] - Investment income rose by 46.06% to CNY 8,928,552.78, attributed to increased financial investment returns[11] - The company's cash and cash equivalents increased to ¥1,718,983,089.90 from ¥1,292,121,103.14, representing a growth of approximately 33.1%[16] - Accounts receivable decreased to ¥4,629,658,960.89 from ¥6,184,541,893.28, a decline of about 25.1%[16] - The company's inventory increased to ¥2,303,035,738.41 from ¥2,201,384,983.56, showing an increase of approximately 4.6%[16] - Short-term borrowings rose to ¥1,328,301,458.87 from ¥1,185,994,239.17, an increase of about 12.0%[18] - The company's long-term borrowings decreased to ¥2,363,703,015.14 from ¥2,407,892,018.22, reflecting a decrease of about 1.8%[18] - The total non-current assets slightly decreased to ¥5,464,510,018.25 from ¥5,501,712,831.43, a reduction of approximately 0.7%[17] Accounting Standards - The first quarter report was not audited, indicating a preliminary financial position[27] - The company will implement new accounting standards starting in 2025, affecting the financial statements[27]