沙钢股份(002075) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥3,494,913,831.55, a decrease of 7.17% compared to the same period last year[5] - Net profit attributable to shareholders was ¥68,656,797.41, representing a 37.56% increase year-on-year[5] - The total profit for the period was ¥147,103,032.05, an increase of 101.89% year-on-year, driven by lower operating costs and increased other income[10] - Net profit for the current period is ¥130,038,666.69, an increase of 125.00% compared to ¥57,648,737.18 in the previous period[20] - Earnings per share (EPS) increased to ¥0.0313 from ¥0.0228, reflecting a growth of 37.89%[20] Cash Flow and Liquidity - The net cash flow from operating activities reached ¥772,449,088.96, a significant increase of 2,490.10% compared to the previous year[5] - Cash flow from operating activities generated a net amount of ¥772,449,088.96, a significant improvement from a negative cash flow of ¥32,318,664.65 in the previous period[22] - Cash and cash equivalents at the end of the period decreased to ¥1,432,512,806.91 from ¥1,742,905,716.96, a decline of 17.77%[22] - The company's cash and cash equivalents increased to CNY 11,195,711,905.57 from CNY 8,899,423,741.12, representing a growth of approximately 25.0%[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥27,431,319,013.54, reflecting a 12.62% increase from the end of the previous year[5] - The total assets of the company as of March 31, 2025, amounted to CNY 27,431,319,013.54, an increase from CNY 24,356,419,350.26 at the beginning of the period, reflecting a growth of approximately 8.5%[16] - The company's current assets reached CNY 19,484,098,737.07, up from CNY 16,025,819,676.87, indicating a growth of about 21.5%[16] - The total liabilities increased to CNY 17,377,271,155.33 from CNY 14,435,121,663.36, representing a rise of approximately 20.3%[17] - Short-term borrowings rose significantly to CNY 11,951,763,572.22 from CNY 9,589,294,107.96, marking an increase of around 24.6%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 68,807[12] - The largest shareholder, Jiangsu Shagang Group Co., Ltd., held a 26.80% stake in the company[12] Expenses and Costs - Total operating costs decreased to ¥3,437,225,658.44, down 9.32% from ¥3,790,554,091.60[19] - Research and development expenses decreased to ¥99,059,907.97 from ¥127,763,359.60, a reduction of 22.56%[19] - Financial expenses decreased dramatically by 1,589.94% to -¥19,836,320.25 due to increased interest income[10] Other Financial Metrics - The basic earnings per share for the period was ¥0.0313, up 37.28% from the previous year[5] - The company reported a significant increase in investment income, totaling ¥16,916,246.12, compared to ¥49,989,169.49 in the previous period[19] - The company's inventory stood at CNY 1,970,395,184.28, slightly up from CNY 1,924,502,733.37, showing a growth of about 2.4%[16] - The accounts receivable decreased to CNY 164,062,670.49 from CNY 175,790,187.63, reflecting a decline of approximately 6.7%[16] - The company's long-term equity investments were valued at CNY 9,574,148.95, a slight increase from CNY 9,499,016.73[16] - The total non-current assets decreased to CNY 7,947,220,276.47 from CNY 8,330,599,673.39, indicating a decline of about 4.6%[17] - The total owner's equity remained stable at CNY 2,193,825,445.00, unchanged from the previous period[17] - The company’s total equity attributable to shareholders increased to ¥6,472,986,108.34 from ¥6,403,042,252.82, reflecting a growth of 1.08%[18] Reporting and Standards - The first quarter report for Jiangsu Shagang Co., Ltd. is unaudited[24] - The new accounting standards will be implemented starting from 2025[23]