TEC(600780)2025-04-24 12:35Financial Performance - The company's operating revenue for Q1 2025 was CNY 3,116,595,717.28, representing a 9.41% increase compared to CNY 2,848,460,164.37 in the same period last year[3]. - Net profit attributable to shareholders was CNY 168,384,276.76, up 26.21% from CNY 133,413,001.60 year-on-year[3]. - Basic and diluted earnings per share were both CNY 0.1469, reflecting a 26.20% increase from CNY 0.1164 in the previous year[3]. - Operating profit for Q1 2025 reached CNY 206,358,585.81, up 23.1% from CNY 167,543,915.05 in the same period last year[16]. - The net profit for Q1 2025 was CNY 168,075,536.81, an increase of 26.3% compared to CNY 133,087,891.20 in Q1 2024[16]. - The company reported a net profit margin improvement due to cost management strategies, although specific figures were not disclosed in the provided content[15]. Cash Flow and Assets - The net cash flow from operating activities increased by 37.81%, reaching CNY 290,730,346.31, primarily due to a rise in electricity sales volume from affiliated distribution companies[6]. - The cash flow from operating activities for Q1 2025 was CNY 290,730,346.31, an increase of 37.8% from CNY 210,969,038.52 in Q1 2024[21]. - The total cash and cash equivalents at the end of Q1 2025 amounted to CNY 2,508,403,489.12, up from CNY 2,263,202,169.75 at the end of Q1 2024[21]. - Cash and cash equivalents as of March 31, 2025, amounted to RMB 2,508,403,489.12, compared to RMB 2,470,162,129.66 at the end of 2024, indicating a slight increase of 1.5%[11]. - The total assets at the end of the reporting period were CNY 10,432,744,277.66, a slight decrease of 0.98% from CNY 10,536,170,282.47 at the end of the previous year[4]. - The total assets as of March 31, 2025, were RMB 10,432,744,277.66, down from RMB 10,536,170,282.47 at the end of 2024, a decrease of 1.0%[13]. - The total liabilities decreased to RMB 2,591,826,759.63 from RMB 2,880,949,866.40, reflecting a reduction of 10.0%[13]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,718[7]. - The largest shareholder, Shanxi International Power Group Co., Ltd., held 57.33% of the shares, totaling 657,313,245 shares[7]. - There were no significant changes in the top ten shareholders or their shareholding percentages during the reporting period[10]. Equity and Returns - The weighted average return on equity rose to 2.16%, an increase of 0.36 percentage points compared to 1.80% at the end of the previous year[3]. - The equity attributable to shareholders increased by 2.42% to CNY 7,877,515,304.26 from CNY 7,691,509,462.35 at the end of the last year[4]. - The equity attributable to shareholders increased to RMB 7,877,515,304.26 from RMB 7,691,509,462.35, an increase of 2.4%[13]. Costs and Expenses - The total operating costs for Q1 2025 were RMB 2,958,360,416.01, up from RMB 2,725,190,542.53 in Q1 2024, reflecting a growth of 8.6%[15]. - The company incurred management expenses of CNY 100,513,390.62 in Q1 2025, compared to CNY 95,948,864.97 in Q1 2024, reflecting a rise of 4.9%[16]. - The tax expenses for Q1 2025 were CNY 35,821,982.34, an increase from CNY 31,340,103.42 in Q1 2024, indicating a growth of 14.3%[16]. - The company reported a financial expense of -CNY 1,231,313.33 in Q1 2025, a significant improvement compared to CNY 3,375,274.24 in Q1 2024[16]. Strategic Focus - The company is focusing on expanding its market presence and enhancing its product offerings, although detailed plans were not specified in the content[15].