山西路桥(000755) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 338,456,956.92, representing a 2.53% increase compared to CNY 330,107,463.73 in the same period last year[5] - Net profit attributable to shareholders was CNY 107,419,587.13, a 26.92% increase from CNY 84,637,064.86 year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 107,026,557.96, up 28.33% from CNY 83,397,749.61 in the previous year[5] - Basic and diluted earnings per share increased by 26.86% to CNY 0.0732 from CNY 0.0577 year-on-year[5] - Total operating revenue for the current period reached ¥338,456,956.92, an increase of 2.1% compared to ¥330,107,463.73 in the previous period[15] - Operating profit increased to ¥142,448,636.82, representing a growth of 28.3% from ¥111,061,778.97 in the previous period[15] - Net profit for the current period was ¥107,419,587.13, up 26.8% from ¥84,637,064.86 in the previous period[16] - Basic and diluted earnings per share improved to ¥0.0732, compared to ¥0.0577 in the previous period[16] Cash Flow and Expenses - The net cash flow from operating activities decreased by 27.34% to CNY 173,401,915.73 from CNY 238,660,357.43 in the same period last year[5] - Net cash flow from operating activities was ¥173,401,915.73, a decrease of 27.3% from ¥238,660,357.43 in the previous period[17] - Management expenses rose to ¥10,415,971.62, up 19.5% from ¥8,716,648.11 in the previous period[15] - Financial expenses decreased significantly to ¥41,224,936.13, down 26% from ¥55,534,918.72 in the previous period[15] Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,517,494,511.29, a slight decrease of 0.11% from CNY 12,468,700,783.59 at the end of the previous year[5] - Current assets increased to CNY 1,304,154,432.14 from CNY 1,192,519,332.97, reflecting a growth of approximately 9.36%[12] - Total liabilities decreased to CNY 7,063,614,173.88 from CNY 7,124,014,076.83, a reduction of approximately 0.85%[13] - The company's equity attributable to shareholders increased to CNY 5,453,880,337.41 from CNY 5,406,717,450.28, showing a growth of about 0.87%[13] - Cash and cash equivalents at the end of the period were CNY 1,178,165,542.18, up from CNY 1,112,339,500.19, representing an increase of approximately 5.91%[12] - The total current liabilities decreased to CNY 894,132,248.04 from CNY 953,061,465.75, a decline of about 6.18%[13] Accounts and Receivables - Accounts receivable increased by 79.76% to CNY 99,137,618.05 due to an increase in toll revenue receivables[8] - Accounts receivable rose significantly to CNY 99,137,618.05 from CNY 55,148,640.71, indicating an increase of about 79.83%[12] - Contract assets rose by 235.85% to CNY 432,476.17, indicating payments not yet due under contract terms[8] Business Developments - The company completed the cash acquisition of 100% equity in Taiyuan Expressway Management Co., Ltd. from Shanxi Transportation Holding Group in January 2025, which constituted a business combination under common control[5] - The company did not report any new product launches or significant market expansion strategies during this period[20]