天原股份(002386) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 3,140,732,382.73, representing a 4.42% increase compared to CNY 3,007,712,076.36 in the same period last year[5]. - Net profit attributable to shareholders increased by 73.46% to CNY 11,368,269.29 from CNY 6,553,724.58 year-on-year[5]. - The net profit after deducting non-recurring gains and losses was CNY 12,588,275.50, a significant turnaround from a loss of CNY 39,003,076.26 in the previous year, marking a 132.28% improvement[5]. - The basic and diluted earnings per share rose by 74.00% to CNY 0.0087 from CNY 0.0050 in the same quarter last year[5]. - Total revenue for the current period reached ¥3,140,732,382.73, an increase of 4.4% compared to ¥3,007,712,076.36 in the previous period[24]. - The company's net profit for the current period is CNY 5,565,156.98, compared to CNY 1,359,503.04 in the previous period, representing a significant increase[25]. - Total operating income for the current period is CNY 23,479,726.26, while the previous period recorded a loss of CNY 3,492,285.48[25]. - The total comprehensive income attributable to the parent company is CNY 11,368,269.29, up from CNY 6,553,724.58 in the previous period[25]. Cash Flow and Investments - The company reported a net cash flow from operating activities of CNY -196,245,274.42, slightly improved by 4.33% from CNY -205,129,592.15 in the previous year[5][12]. - The net cash flow from investing activities was -343,946,994.35, a decrease of 41.45% compared to the previous period, primarily due to increased project expenditures[13]. - The net cash flow from financing activities was 31,084,830.31, a decrease of 86.28% compared to the previous period, mainly due to the repayment of prior loans[13]. - The company reported cash inflow from investing activities of CNY 103,348,100.00, compared to CNY 22,486,783.60 in the previous period[26]. - Cash flow from financing activities resulted in a net inflow of CNY 31,084,830.31, down from CNY 226,594,028.65 in the previous period[27]. - The company's cash and cash equivalents at the end of the period stand at CNY 1,542,946,446.14, down from CNY 2,180,738,943.66 at the end of the previous period[27]. - The company experienced a decrease in cash inflow from sales of goods and services, totaling CNY 3,456,907,458.13, compared to CNY 3,493,534,976.08 in the previous period[26]. Assets and Liabilities - Total assets increased by 2.85% to CNY 20,201,224,176.79 compared to CNY 19,641,905,054.82 at the end of the previous year[5]. - Total liabilities rose to ¥12,566,361,704.05 from ¥12,016,116,895.68, an increase of 4.6%[22]. - The company's cash and cash equivalents increased to ¥3,267,314,117.90 from ¥3,183,866,866.40, showing a growth of 2.6%[20]. - Accounts receivable decreased to ¥681,164,300.24 from ¥754,400,558.65, a decline of 9.7%[20]. - Inventory rose to ¥1,331,147,432.26 from ¥1,248,305,251.25, representing an increase of 6.6%[20]. - The company has maintained a stable equity position with total equity at ¥7,634,862,472.74, a slight increase from ¥7,625,788,159.14[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 52,581[14]. - The largest shareholder, Yibin Development Holdings, holds 18.20% of the shares, totaling 236,858,856 shares[14]. - The controlling shareholder plans to increase its stake in the company by investing between 150 million and 300 million RMB over six months starting February 11, 2025[17]. Future Plans and Projects - The company plans to issue bonds up to 1 billion RMB, with approval from the China Securities Regulatory Commission received in February 2025[16]. - The company plans to continue leveraging government subsidies and tax incentives to enhance profitability and support ongoing operations[8]. - The company approved investments in a project to produce 600,000 tons of sulfuric acid and a 60MW/120MWh industrial energy storage project[17]. - The reconstruction and resumption of operations at Changneng Coal Mine are delayed due to administrative approvals and policy factors[18]. Research and Development - Research and development expenses were reported at ¥20,516,236.10, slightly up from ¥19,471,345.01, indicating a focus on innovation[24].