Mtalco(SH:601677)2025-04-22 10:50Financial Performance - The company's operating revenue for Q1 2025 was CNY 8,124,306,005.83, representing a 13.07% increase compared to CNY 7,185,389,200.20 in the same period last year[3]. - Net profit attributable to shareholders was CNY 439,650,693.12, up 21.46% from CNY 361,982,656.69 year-on-year[3]. - The net profit excluding non-recurring gains and losses increased by 41.73% to CNY 378,741,232.62, primarily due to increased production and sales volume[6]. - Basic and diluted earnings per share rose to CNY 0.35, an increase of 16.67% from CNY 0.30[3]. - Total operating revenue for Q1 2025 reached ¥8,124,306,005.83, an increase of 13.06% compared to ¥7,185,389,200.20 in Q1 2024[17]. - Net profit for Q1 2025 was ¥439,673,143.58, representing a 21.33% increase from ¥362,565,751.98 in Q1 2024[18]. - Earnings per share for Q1 2025 was ¥0.35, compared to ¥0.30 in Q1 2024[19]. - The total comprehensive income for Q1 2025 was approximately ¥75.91 million, significantly higher than ¥22.42 million in Q1 2024[28]. Cash Flow - The net cash flow from operating activities was CNY 1,413,468,338.84, a significant recovery from a negative cash flow of CNY -569,064,952.34 in the previous year[3]. - Cash flow from operating activities for Q1 2025 was CNY 1,413,468,338.84, a significant improvement compared to a negative cash flow of CNY -569,064,952.34 in Q1 2024[22]. - Total cash inflow from operating activities increased to CNY 7,105,481,604.39 in Q1 2025, up from CNY 5,585,495,233.12 in Q1 2024, representing a growth of approximately 27.2%[22]. - The net cash flow from investment activities in Q1 2025 was CNY -1,149,255,232.39, worsening from CNY -945,012,423.30 in Q1 2024[22]. - The company's cash outflow from financing activities in Q1 2025 was CNY -87,276,265.03, a decline from a positive cash flow of CNY 185,229,508.35 in Q1 2024[22]. - The net cash flow from operating activities for Q1 2025 was approximately -¥851.65 million, worsening from -¥362.16 million in Q1 2024[30]. Assets and Liabilities - Total assets at the end of Q1 2025 reached CNY 26,065,172,696.65, reflecting an 11.75% increase from CNY 23,323,832,784.04 at the end of the previous year[3]. - Total assets increased to ¥26,065,172,696.65 in 2025 from ¥23,323,832,784.04 in 2024, reflecting a growth of 11.85%[14]. - Total liabilities rose to ¥8,068,299,648.27 in 2025, up from ¥5,725,888,435.98 in 2024, marking an increase of 40.73%[14]. - The company's total liabilities increased to CNY 5,060,688,261.32 as of March 31, 2025, compared to CNY 4,562,222,325.85 at the end of 2024[24]. - The total equity of the company as of March 31, 2025, was CNY 10,227,988,991.40, slightly up from CNY 10,190,743,164.69 at the end of 2024[25]. Shareholder Information - The company reported a total of 56,762 common shareholders at the end of the reporting period[8]. - The top shareholder, Ma Tingyi, holds 148,283,520 shares, accounting for 11.92% of the total shares[8]. Research and Development - Research and development expenses for Q1 2025 were ¥83,825,562.45, significantly lower than ¥414,654,380.63 in Q1 2024, a decrease of 79.83%[18]. - Research and development expenses decreased to approximately ¥5.42 million in Q1 2025 from ¥41.00 million in Q1 2024, a reduction of 86.8%[27]. Other Financial Metrics - The weighted average return on equity decreased to 2.51%, down 0.41 percentage points from 2.92%[3]. - The company recognized non-recurring gains totaling CNY 60,909,460.50 during the reporting period[5]. - Other comprehensive income after tax for Q1 2025 was -¥2,084,749.91, an improvement from -¥11,031,472.54 in Q1 2024[19]. - The company incurred sales expenses of approximately ¥6.03 million in Q1 2025, an increase of 78.5% from ¥3.39 million in Q1 2024[27]. - The financial expenses showed a significant improvement, with a net income of approximately -¥7.15 million in Q1 2025 compared to -¥14.43 million in Q1 2024[27].