SUNSTONE(603612)2025-04-22 14:15Financial Performance - The company's operating revenue for Q1 2025 was ¥3,742,131,640.56, representing a 20.50% increase compared to ¥3,105,548,133.41 in the same period last year[5] - Net profit attributable to shareholders was ¥244,431,405.03, a significant recovery from a loss of ¥42,460,638.41 in the previous year[5] - The net profit after deducting non-recurring gains and losses increased by 279.05%, reaching ¥238,839,145.40 compared to ¥63,010,583.72 last year[5] - The basic earnings per share improved to ¥0.49 from a loss of ¥0.08 in the same period last year[5] - Operating profit for Q1 2025 was ¥437,234,723.30, significantly higher than ¥25,549,622.73 in Q1 2024[20] - Net profit for Q1 2025 was ¥345,678,648.87, compared to a net profit of ¥1,122,714.75 in Q1 2024[20] - The company reported a total comprehensive income of ¥345,955,680.94 for Q1 2025, compared to ¥173,203.89 in Q1 2024[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥18,938,277,042.61, a 7.51% increase from ¥17,614,880,204.84 at the end of the previous year[6] - Current assets total RMB 10,369,853,903.09, up from RMB 9,040,725,740.98 in the previous period[14] - Total liabilities increased to ¥12,149,100,069.02 in Q1 2025 from ¥10,713,773,846.61 in Q1 2024, reflecting a growth of 13.4%[18] - Total equity decreased slightly to ¥6,789,176,973.59 in Q1 2025 from ¥6,901,106,358.23 in Q1 2024[18] Cash Flow - The company reported a net cash flow from operating activities of -¥792,803,806.68, worsening from -¥87,442,071.62 in the previous year[5] - Operating cash inflow totaled $3,920,818,019.26, an increase from $2,676,517,277.34 in the previous period, reflecting a growth of approximately 46.4%[26] - Operating cash outflow amounted to $4,713,621,825.94, up from $2,763,959,348.96, representing an increase of about 70.5%[26] - Cash flow from investment activities showed a net outflow of -$179,877,395.38, a decrease from -$258,829,656.68 in the prior period[27] - Cash inflow from financing activities reached $3,668,991,529.12, up from $2,605,934,808.31, marking an increase of approximately 40.8%[27] - The ending cash and cash equivalents balance was $1,585,481,163.74, down from $2,338,322,985.22, reflecting a decrease of about 32.3%[27] Shareholder Information - Total number of common shareholders at the end of the reporting period is 35,477[11] - The largest shareholder, Lang Guanghui, holds 82,434,966 shares, representing 16.55% of total shares[11] Operational Insights - The increase in operating revenue was driven by higher average market prices for prebaked anodes and increased production capacity, leading to higher sales volumes[9] - The company is focusing on enhancing production efficiency through digitalization and other methods to improve profitability[9] - The company did not report any new product developments, market expansions, or mergers and acquisitions during this quarter[10]