吉鑫科技(601218) - 2025 Q1 - 季度财报

Major Financial Data This section provides an overview of the company's key financial performance, including core indicators, non-recurring items, and explanations for significant changes Core Financial Indicators Q1 2025 saw 42.86% revenue growth and 240.50% net profit increase, but operating cash flow declined 64.60% Key Financial Indicators | Item | Current Reporting Period | Prior Year Period | Year-over-year Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 338,137,494.01 | 236,690,683.09 | 42.86% | | Net Profit Attributable to Shareholders (CNY) | 42,011,775.27 | 12,338,148.53 | 240.50% | | Net Profit Attributable to Shareholders (Excl. Non-recurring Items) (CNY) | 28,627,441.21 | 10,821,821.21 | 164.53% | | Net Cash Flow from Operating Activities (CNY) | 34,538,765.79 | 97,569,453.05 | -64.60% | | Basic EPS (CNY/share) | 0.0434 | 0.0127 | 241.73% | | Weighted Average ROE (%) | 1.4679% | 0.4244% | Increased by 1.04 percentage points | Balance Sheet Summary | Item | As of March 31, 2025 (CNY) | As of December 31, 2024 (CNY) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets (CNY) | 3,676,299,114.66 | 3,641,773,498.11 | 0.95% | | Owners' Equity Attributable to Shareholders (CNY) | 2,884,768,797.16 | 2,842,757,021.89 | 1.48% | Non-recurring Gains and Losses Analysis Non-recurring gains and losses totaled CNY 13.38 million in the current period, significantly impacting net profit, mainly from other defined items Non-recurring Gains and Losses Items | Non-recurring Gains and Losses Item | Amount for Current Period (CNY) | | :--- | :--- | | Gains/Losses on Disposal of Non-current Assets | 47,532.34 | | Government Grants | 6,800.00 | | Gains/Losses from Fair Value Changes and Disposal of Financial Assets/Liabilities | 455,379.32 | | Reversal of Impairment Provisions for Receivables Subject to Separate Impairment Testing | 51,378.23 | | Other Non-operating Income and Expenses | 214,831.70 | | Other Items Meeting the Definition of Non-recurring Gains and Losses | 13,089,580.87 | | Total | 13,384,334.06 | Reasons for Changes in Key Financial Indicators Revenue and profit growth driven by increased casting orders and wind power; operating cash flow declined due to higher material payments from increased sales - Operating revenue increased by 42.86% year-over-year, primarily due to increased orders in the casting segment and higher wind power generation in Yanshan[7] - Net profit and earnings per share significantly increased by over 240%, mainly driven by the rise in operating revenue[7] - Net cash flow from operating activities decreased by 64.60% year-over-year, primarily due to increased sales leading to higher payments for materials[7] Shareholder Information This section details the company's shareholder structure, including total shareholders and top ten holdings Shareholding Status As of the reporting period end, the company had 60,954 common shareholders; controlling shareholder Mr. Bao Shijin and concerted parties held 22.29%, with some shares pledged - As of the end of the reporting period, the company had 60,954 common shareholders[9] Top Ten Shareholders' Shareholding Information | Shareholder Name | Shareholding Percentage (%) | Number of Shares Held | Share Status | | :--- | :--- | :--- | :--- | | Bao Shijin | 22.17 | 214,849,388 | Pledged 89,300,000 | | Zhang Yijie | 6.02 | 58,350,000 | - | | Huang Jie | 2.78 | 26,970,910 | - | | Chou Jianzhong | 1.12 | 10,867,515 | - | | Hu Hongyi | 0.98 | 9,530,000 | - | - The company's controlling shareholder, Mr. Bao Shijin, and his concerted party, Mr. Bao Zhenhua, collectively hold 215,949,388 shares, representing 22.29% of the company's total shares[10] Quarterly Financial Statements This section presents the company's consolidated quarterly financial statements: balance sheet, income statement, and cash flow statement Consolidated Balance Sheet As of March 31, 2025, total assets were CNY 3.68 billion (+0.95%), liabilities CNY 791 million (-0.94%), and owners' equity CNY 2.89 billion (+1.48%) Consolidated Balance Sheet Summary | Item | As of March 31, 2025 (CNY) | As of December 31, 2024 (CNY) | Change | | :--- | :--- | :--- | :--- | | Total Assets | 3,676,299,114.66 | 3,641,773,498.11 | +0.95% | | Total Liabilities | 790,945,938.03 | 798,432,135.40 | -0.94% | | Total Owners' Equity | 2,885,353,176.63 | 2,843,341,362.71 | +1.48% | - Among current assets, cash and cash equivalents significantly increased from CNY 108 million at year-end to CNY 323 million, while financial assets held for trading decreased from CNY 706 million to CNY 493 million[13] Consolidated Income Statement Q1 2025 total operating revenue grew 42.86% to CNY 338 million, with costs up 28.37%, leading to a 240.50% surge in net profit attributable to parent company shareholders Consolidated Income Statement Summary | Item | Q1 2025 (CNY) | Q1 2024 (CNY) | Year-over-year Change | | :--- | :--- | :--- | :--- | | I. Total Operating Revenue | 338,137,494.01 | 236,690,683.09 | +42.86% | | II. Total Operating Costs | 279,684,067.50 | 217,870,220.31 | +28.37% | | III. Operating Profit | 51,843,326.99 | 15,692,142.16 | +230.39% | | V. Net Profit | 42,011,813.92 | 12,311,860.10 | +241.24% | | Net Profit Attributable to Parent Company Shareholders | 42,011,775.27 | 12,338,148.53 | +240.50% | - Basic earnings per share increased 241.73% to CNY 0.0434, up from CNY 0.0127 in the prior year period[20] Consolidated Cash Flow Statement Net operating cash flow declined 64.60% to CNY 34.54 million; investing activities generated CNY 214 million from investment recovery; financing activities had a CNY 32.44 million net outflow Consolidated Cash Flow Statement Summary | Item | Q1 2025 (CNY) | Q1 2024 (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 34,538,765.79 | 97,569,453.05 | | Net Cash Flow from Investing Activities | 214,101,029.77 | -78,551,304.25 | | Net Cash Flow from Financing Activities | -32,440,478.33 | 48,409,194.68 | | Net Increase in Cash and Cash Equivalents | 216,038,506.66 | 67,139,205.86 | - Operating cash inflows were CNY 220 million and outflows were CNY 186 million, with cash paid for goods and services significantly increasing to CNY 108 million from CNY 46.55 million in the prior year, confirming higher material payments due to increased sales[7][23] - Net cash flow from investing activities turned positive, primarily because cash received from investment recovery reached CNY 704 million, significantly exceeding cash paid for investments of CNY 491 million[23]