CC GAS(SH:600333)2025-04-24 12:25Financial Performance - The company's operating revenue for Q1 2025 was CNY 706,057,193.41, a decrease of 6.59% compared to CNY 755,878,915.38 in the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 1,278,961.36, improving from a loss of CNY 15,071,619.32 year-over-year[5]. - The net profit for Q1 2025 was ¥4.08 million, down 97.1% from ¥142.27 million in Q1 2024[29]. - The total profit for Q1 2025 was ¥8.11 million, a decline of 94.7% from ¥152.73 million in Q1 2024[28]. - Operating profit for Q1 2025 was CNY 1,720,532.30, a significant recovery from an operating loss of CNY 11,169,322.04 in Q1 2024[20]. - The company's financial expenses for Q1 2025 were ¥23.02 million, a decrease of 9.9% from ¥25.53 million in Q1 2024[28]. Cash Flow - The net cash flow from operating activities was negative CNY 22,643,337.20, worsening from negative CNY 5,096,598.85 in the previous year[5]. - The cash flow from operating activities for Q1 2025 was negative at -¥88.46 million, compared to a positive cash flow of ¥246.83 million in Q1 2024[30]. - In Q1 2025, the cash inflow from operating activities was CNY 818,087,050.59, a decrease of 1.6% compared to CNY 830,474,975.92 in Q1 2024[23]. - The company reported cash inflow from financing activities of ¥274 million in Q1 2025, an increase of 24.3% from ¥220.5 million in Q1 2024[31]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,728,704,602.89, down 2.55% from CNY 6,904,784,683.40 at the end of the previous year[5]. - Total liabilities decreased to CNY 4,749,864,477.53 from CNY 4,925,946,101.61, a decline of about 3.6%[15]. - The total current assets decreased to CNY 1,069,891,946.70 as of March 31, 2025, down from CNY 1,327,471,008.19 at the end of 2024, reflecting a reduction of approximately 19.5%[25]. - The total liabilities decreased to CNY 4,040,931,052.17 as of March 31, 2025, compared to CNY 4,297,496,813.90 at the end of 2024, a reduction of about 6.0%[27]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 45,617[8]. - The largest shareholder, Changchun Changgang Gas Co., Ltd., holds 58.75% of the shares, totaling 357,810,876 shares[9]. Cost Management - Total operating costs for Q1 2025 were CNY 699,540,528.10, down 8.6% from CNY 765,792,902.91 in Q1 2024[20]. - The company reported a decrease in research and development expenses to CNY 4,000.00 from CNY 1,200.00, suggesting a focus on cost management[20]. Investment Activities - The company reported a net cash outflow from investing activities of -CNY 43,796,059.89 in Q1 2025, compared to -CNY 26,594,994.46 in Q1 2024, indicating increased investment expenditures[23]. - The company reported a significant decline in investment income, with a loss of ¥3.42 million in Q1 2025 compared to a gain of ¥106.37 million in Q1 2024[28]. Future Outlook - The company plans to continue monitoring market conditions and adjust strategies accordingly to enhance performance in the upcoming quarters[20].