CISC(SH:601005)2025-04-22 09:10Financial Performance - The company's operating revenue for Q1 2025 was CNY 6,614,111,791.79, a decrease of 14.51% compared to CNY 7,736,437,619.53 in the same period last year[5]. - The net loss attributable to shareholders was CNY -117,415,223.32, significantly improved from a loss of CNY -333,758,307.26 year-on-year[5]. - The basic earnings per share were CNY -0.01, compared to CNY -0.04 in the same period last year[5]. - The company achieved a profit of CNY 5,130,000 in March 2025, marking a turnaround from previous losses[6]. - The net loss for Q1 2025 was ¥117,415,223.32, an improvement from a net loss of ¥333,758,307.26 in Q1 2024[20]. - Operating profit for Q1 2025 was -¥111,103,002.71, compared to -¥324,217,044.82 in Q1 2024, indicating a reduced loss[20]. - The net profit for Q1 2025 was a loss of CNY 121,382,980.48, an improvement from a loss of CNY 336,513,563.63 in Q1 2024[30]. - The company reported a basic and diluted earnings per share of -CNY 0.01 for Q1 2025, improving from -CNY 0.04 in Q1 2024[30]. Cash Flow - The net cash flow from operating activities was CNY 408,717,209.61, a recovery from a negative cash flow of CNY -832,893,230.43 in the previous year[5]. - The net cash flow from operating activities for Q1 2025 was 408,717,209.61 RMB, a significant recovery from -832,893,230.43 RMB in Q1 2024[24]. - Cash received from sales of goods and services in Q1 2025 was 4,422,121,163.10 RMB, down 31.6% from 6,461,110,230.82 RMB in Q1 2024[23]. - The company reported a cash inflow from operating activities of 4,472,465,138.55 RMB in Q1 2025, down from 6,497,463,458.86 RMB in Q1 2024, indicating a decline in operational cash generation[23]. - The net cash flow from financing activities for Q1 2025 was 15,701,282.92 RMB, compared to -26,991,635.16 RMB in Q1 2024, showing a positive shift[25]. Assets and Liabilities - The total assets at the end of Q1 2025 were CNY 35,382,025,206.81, a slight decrease of 0.27% from CNY 35,479,243,942.55 at the end of the previous year[6]. - Total liabilities amounted to ¥18,883,239,180.56, a slight increase from ¥18,872,607,958.20[15]. - The total liabilities as of the reporting date were CNY 18,843,020,234.02, slightly up from CNY 18,817,814,268.69 in the previous period[28]. - The total equity decreased to CNY 16,289,617,842.86 from CNY 16,405,789,675.35[28]. - The total current liabilities decreased to 16,861,382,827.35 RMB from 16,879,969,376.75 RMB at the end of 2024[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 180,503[10]. - The largest shareholder, Chongqing Changshou Steel Co., Ltd., holds 23.69% of the shares[10]. Cost Management - The company implemented cost-cutting measures and improved production efficiency to mitigate market pressures[6]. - Total operating costs for Q1 2025 were ¥6,746,050,866.69, down 16.6% from ¥8,082,242,519.68 in Q1 2024[19]. - The company incurred research and development expenses of CNY 5,953,818.74 in Q1 2025, down from CNY 10,130,322.07 in Q1 2024[29]. - The financial expenses for Q1 2025 were CNY 39,054,091.40, a decrease from CNY 57,604,459.03 in Q1 2024[29].