宝武镁业(002182) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥2,032,826,566.91, representing a 9.08% increase compared to ¥1,863,609,853.69 in the same period last year[5] - The net profit attributable to shareholders decreased by 53.58% to ¥28,183,642.71 from ¥60,719,308.87 year-on-year[5] - The total profit for the period was ¥32,280,616.26, down 55.11% from ¥71,918,095.00 in the previous year[9] - Net profit for the current period was ¥25,979,628.14, a decrease of 57.7% from ¥61,581,643.49 in the previous period[19] - Earnings per share (EPS) for the current period was ¥0.0284, down from ¥0.0612 in the previous period[19] - The total comprehensive income for the current period was ¥25,979,628.14, a decrease of 57.7% from ¥61,581,643.49 in the previous period[19] Cash Flow - The net cash flow from operating activities increased by 40.72% to ¥259,855,150.70, up from ¥184,664,408.94 in the previous year[5] - Cash generated from operating activities was ¥2,026,517,780.62, compared to ¥1,637,115,394.08 in the previous period, indicating a growth of 23.8%[21] - Total cash inflow from operating activities amounted to $2,071,483,772.87, up from $1,725,605,425.00, reflecting a growth of 20.1%[22] - Cash outflow from operating activities totaled $1,811,628,622.17, compared to $1,540,941,016.06, representing an increase of 17.6%[22] - The net cash flow from investing activities was -$279,334,205.95, an improvement from -$725,382,436.97 in the previous period[22] - Cash inflow from financing activities was $948,784,780.00, down from $2,074,917,124.88, indicating a decrease of 54.3%[22] - The net cash flow from financing activities was $138,673,410.60, a decrease of 78.4% compared to $642,939,385.81 in the previous period[22] - The ending balance of cash and cash equivalents was $358,776,123.03, down from $461,937,512.94, reflecting a decrease of 22.3%[23] - Cash paid for the purchase of fixed assets and intangible assets was $282,303,276.47, down from $813,523,237.42, indicating a decrease of 65.3%[22] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥13,494,284,458.30, a slight decrease of 0.43% from ¥13,552,173,368.59 at the end of the previous year[5] - The company's non-current assets total ¥8,835,279,923.02, showing a marginal increase from ¥8,832,803,335.83[15] - Total liabilities decreased slightly to ¥7,292,953,339.20 from ¥7,385,321,877.63[16] - Total equity increased to ¥6,201,331,119.10 from ¥6,166,851,490.96, reflecting a growth of 0.56%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 58,946[11] - The largest shareholder, Baosteel Metal Co., Ltd., holds 21.53% of shares, totaling 213,498,817 shares[11] Operational Highlights - The company's gross profit margin declined due to a decrease in magnesium prices, impacting the profitability of magnesium alloy products[9] - The company reported a decrease in accounts receivable by 14.83% to ¥1,833,024,235.00, attributed to increased cash collections[9] - Accounts receivable decreased to ¥1,833,024,235.00 from ¥2,152,314,883.96, a decline of about 14.8%[14] - Short-term borrowings increased to ¥2,926,488,059.92 from ¥2,707,434,914.47, an increase of approximately 8.1%[15] Strategic Initiatives - The company acquired mining rights for a limestone mine for ¥116,793,000 on November 3, 2023[12] - A strategic cooperation agreement was signed with Autoliv to enhance automotive safety and lightweight technology[12] - The company plans to focus on quality improvement and shareholder returns as part of its "Quality Return Dual Improvement" action plan[12] Research and Development - Research and development expenses for the current period were ¥90,749,994.92, compared to ¥86,216,126.29 in the previous period, showing an increase of 5.8%[18] Audit Information - The company did not undergo an audit for the first quarter report[24]