CHALCO(SH:601600)2025-04-24 12:45Financial Performance - The company's operating revenue for Q1 2025 reached CNY 55,783,601, an increase of 13.95% compared to CNY 48,955,678 in the same period last year[3] - Net profit attributable to shareholders was CNY 3,537,681, reflecting a significant increase of 58.78% from CNY 2,230,265 year-on-year[3] - Basic and diluted earnings per share both increased to CNY 0.207, representing a growth of 59.23% compared to CNY 0.130 in the same quarter last year[3] - Net profit for Q1 2025 was RMB 5,471,301 thousand, up 35.3% from RMB 4,046,300 thousand in Q1 2024[17] - Operating profit for Q1 2025 was RMB 6,483,983 thousand, representing a 36.7% increase from RMB 4,742,726 thousand in Q1 2024[17] - The total comprehensive income attributable to the parent company for Q1 2025 was CNY 3,537,377 thousand, compared to CNY 2,222,713 thousand in Q1 2024, an increase of 59.3%[18] Cash Flow - The net cash flow from operating activities was CNY 6,259,774, up 75.06% from CNY 3,578,062 in the previous year[3] - The net cash flow from operating activities for Q1 2025 was CNY 6,259,774 thousand, compared to CNY 3,575,862 thousand in Q1 2024, indicating an increase of 75.0%[20] - In Q1 2025, the cash inflow from operating activities was CNY 7,922,097 thousand, a 34% increase from CNY 5,916,806 thousand in Q1 2024[28] - The net cash flow from operating activities decreased to CNY 1,101,399 thousand in Q1 2025, down 21% from CNY 1,393,430 thousand in Q1 2024[28] - Cash inflow from investment activities was CNY 1,020,134 thousand in Q1 2025, significantly lower than CNY 6,830,551 thousand in Q1 2024[28] - The net cash flow from investment activities was negative at CNY -338,296 thousand in Q1 2025, compared to a positive CNY 2,728,496 thousand in Q1 2024[28] - Cash inflow from financing activities increased to CNY 5,990,000 thousand in Q1 2025, up 72% from CNY 3,490,000 thousand in Q1 2024[28] - The net cash flow from financing activities improved to CNY -52,541 thousand in Q1 2025, compared to CNY -4,596,204 thousand in Q1 2024[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 226,128,953, a 4.74% increase from CNY 215,895,530 at the end of the previous year[4] - Current assets increased to RMB 69,538,139 thousand as of March 31, 2025, from RMB 59,051,122 thousand at the end of 2024, marking a rise of 17.7%[14] - Total liabilities as of March 31, 2025, were RMB 108,388,767 thousand, up from RMB 103,854,787 thousand at the end of 2024, indicating a growth of 4.9%[15] - The company's total liabilities as of March 31, 2025, were CNY 81,811,075 thousand, up from CNY 78,729,409 thousand at the end of 2024, indicating an increase of 2.6%[24] - The total equity attributable to shareholders of the parent company increased to RMB 73,227,737 thousand as of March 31, 2025, from RMB 69,191,321 thousand at the end of 2024, reflecting a growth of 5.9%[15] Production and Sales - The production of metallurgical-grade alumina was 448,000 tons, up 5.41% from 425,000 tons in Q1 2024[8] - The sales volume of self-produced metallurgical-grade alumina reached 168,000 tons, an increase of 12.00% compared to 150,000 tons in the same period last year[8] - The production of aluminum (including alloys) was 194,000 tons, reflecting an 8.99% increase from 178,000 tons year-on-year[8] Research and Development - Research and development expenses for Q1 2025 were RMB 365,228 thousand, down 36.4% from RMB 574,176 thousand in Q1 2024[17] - The company’s research and development expenses for Q1 2025 were CNY 24,074 thousand, a decrease from CNY 103,125 thousand in Q1 2024, reflecting a reduction of 76.7%[26] Investments - The company reported an investment income of RMB 454,470 thousand in Q1 2025, significantly higher than RMB 85,664 thousand in Q1 2024[17] - The company acquired part of the billet business from China Aluminum Group High-end Manufacturing Co., which is classified as a business combination under common control[4]