合盛硅业(603260) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥5,227,980,324.55, a decrease of 3.47% compared to ¥5,415,872,264.25 in the same period last year[5] - Net profit attributable to shareholders was ¥259,660,948.80, down 50.81% from ¥527,835,068.25 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥215,670,738.91, a decline of 58.49% compared to ¥519,606,110.63 in the previous year[5] - Basic and diluted earnings per share were both ¥0.22, representing a decrease of 51.11% from ¥0.45 in the same period last year[6] - The weighted average return on equity decreased by 0.84 percentage points to 0.79% from 1.63% year-on-year[6] - Total operating revenue for Q1 2025 was CNY 5,227,980,324.55, a decrease of 3.5% compared to CNY 5,415,872,264.25 in Q1 2024[21] - Net profit for Q1 2025 was CNY 253,535,747.11, down 51.2% from CNY 520,083,676.42 in Q1 2024[22] - Earnings per share for Q1 2025 was CNY 0.22, compared to CNY 0.45 in Q1 2024, reflecting a decline of 51.1%[23] Cash Flow and Liquidity - The net cash flow from operating activities was ¥1,648,101,759.67, a significant improvement from a negative cash flow of ¥2,594,198,652.50 in the previous year[5] - Cash inflow from operating activities was CNY 4,906,847,796.20, significantly higher than CNY 2,691,407,430.69 in Q1 2024, marking an increase of 82.5%[25] - The company reported a cash inflow of $2,359,623,932.99 from other financing activities, contributing to overall liquidity[26] - Total cash inflow from financing activities amounted to $4,626,123,932.99, while cash outflow was $4,942,632,897.12, resulting in a net cash flow of -$316,508,964.13[26] - The company reported a total cash and cash equivalents balance of $1,191,700,345.26 at the end of the period, up from $1,080,401,631.36 in the previous period[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥90,768,681,759.00, showing a slight decrease of 0.01% from ¥90,773,438,669.86 at the end of the previous year[6] - The company's total assets amounted to RMB 90.77 billion, a slight decrease from RMB 90.77 billion as of December 31, 2024[17] - The total current liabilities increased to RMB 39.06 billion from RMB 37.93 billion, reflecting an increase of approximately 2.9%[19] - The company's total liabilities decreased to RMB 56.78 billion from RMB 57.94 billion, a reduction of approximately 2%[19] - The long-term borrowings decreased to RMB 13.94 billion from RMB 16.75 billion, a reduction of approximately 16.7%[19] Equity and Shareholder Information - The equity attributable to shareholders increased by 0.80% to ¥33,113,476,668.01 from ¥32,851,058,082.20 at the end of the previous year[6] - The company’s total equity increased to RMB 33.99 billion from RMB 32.83 billion, reflecting a growth of approximately 3.5%[19] - The company reported a non-recurring gain of ¥43,990,209.89 after accounting for various non-recurring items[8] Operational Metrics - Total operating costs increased to CNY 5,024,908,805.72, up 5.7% from CNY 4,754,764,410.64 in the same period last year[21] - Research and development expenses decreased to CNY 84,112,222.50 from CNY 137,649,040.06, a reduction of 38.9% year-over-year[21] - Financial expenses rose to CNY 235,232,599.03, up 37.5% from CNY 171,078,467.33 in the previous year[21] - Other income increased to CNY 94,555,956.65, compared to CNY 60,150,352.64 in Q1 2024, reflecting a growth of 57.0%[21] Subsidiary and Investment Activities - In March 2025, the subsidiary, Xinjiang Eastern Hesheng Silicon Industry Co., Ltd., completed a capital increase of RMB 900 million, maintaining an 80.41% equity stake[14] - The company received $900,000,000.00 from minority shareholders as part of its financing activities[26] Foreign Exchange and Miscellaneous - The company reported a foreign exchange gain of CNY 315,384.45, a significant decrease from CNY 25,072,309.45 in the previous year[22] - The impact of exchange rate changes on cash and cash equivalents was a positive $2,592,220.34[26]