节能国祯(300388) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥701,076,749.74, a decrease of 11.00% compared to ¥787,704,968.08 in the same period last year[5] - Net profit attributable to shareholders was ¥67,861,665.63, down 9.96% from ¥75,368,809.94 year-on-year[5] - Total operating revenue decreased to ¥701,076,749.74 from ¥787,704,968.08, representing a decline of approximately 10.95% year-over-year[21] - Net profit for the period was ¥74,026,104.31, down from ¥80,753,528.10, reflecting a decrease of approximately 8.99% year-over-year[22] - Total comprehensive income for the period was CNY 74,209,650.14, a decrease of 7.4% from CNY 80,356,504.65 in the previous period[23] Cash Flow - The net cash flow from operating activities improved significantly, reaching -¥30,722,888.67, an increase of 79.10% compared to -¥146,995,743.50 in the previous year[9] - Cash inflow from operating activities totaled CNY 816,132,939.19, up from CNY 729,366,666.30 in the previous period[25] - Cash outflow from operating activities was CNY 846,855,827.86, a decrease from CNY 876,362,409.80 in the previous period[26] - The net cash flow from financing activities increased by 77.38% to ¥707,636,420.30 from ¥398,937,241.01 year-on-year[9] - Cash flow from financing activities generated a net inflow of CNY 707,636,420.30, compared to CNY 398,937,241.01 in the previous period[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,946,614,560.22, reflecting a growth of 2.97% from ¥16,457,317,337.04 at the end of the previous year[5] - The company's total liabilities decreased by 11.44% in accounts payable, amounting to ¥2,263,746,454.36 from ¥2,556,224,483.05[8] - Current liabilities rose to ¥5,982,553,872.30 from ¥5,872,612,660.20, an increase of approximately 1.87%[19] - Long-term borrowings increased to ¥5,743,642,039.32 from ¥5,445,931,634.74, reflecting an increase of about 5.47%[19] Shareholder Information - The total number of shares held by the top 10 shareholders includes significant stakes from China Energy Conservation and Environmental Protection Group Co., Ltd. with 145,988,051 shares, and Anhui Ecological Environment Industry Group Co., Ltd. with 116,988,133 shares[12] - The company has a total of 928,483 shares under lock-up for executives, which are subject to release according to the lock-up regulations[14] - The company has not reported any changes in the number of shares lent or returned due to transfer and financing activities among the top shareholders[13] - The company’s major shareholders include state-owned entities, indicating a strong backing from government-related organizations[12] Investment and Expenses - The investment income for the period was ¥474,034.44, a significant decline of 85.95% compared to ¥3,374,735.23 in the previous year[9] - Research and development expenses slightly decreased to ¥6,836,388.98 from ¥7,255,974.33, a decline of about 5.76% year-over-year[22] - The company reported an investment income of ¥474,034.44, down from ¥3,374,735.23, indicating a significant decrease of approximately 86.03%[22] Inventory and Receivables - The company reported a decrease in inventory by 49.79%, with the ending balance at ¥102,254,766.82 compared to ¥68,265,304.33 at the beginning of the period[8] - Accounts receivable slightly decreased to ¥3,407,902,852.32 from ¥3,425,471,137.41, indicating a reduction of about 0.51%[17] - The company reported a decrease in notes receivable from ¥9,310,547.33 to ¥6,262,458.67, a decline of approximately 32.93%[17] - The company’s prepayments increased to ¥29,918,598.72 from ¥23,426,658.45, representing an increase of about 27.73%[17] Other Information - The company has not disclosed any new product developments or technological advancements during the reporting period[15] - There are no significant mergers or acquisitions reported in the latest financial disclosures[15] - The company has no other non-recurring profit and loss items that meet the definition of non-recurring profit and loss[6] - The company's basic earnings per share decreased by 10.03% to ¥0.0996 from ¥0.1107 in the same period last year[5] - Cash and cash equivalents at the end of the period amounted to CNY 793,118,966.13, a decrease from CNY 823,056,983.36 in the previous period[26]