上峰水泥(000672) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 951.30 million, an increase of 4.64% compared to CNY 909.08 million in the same period last year[5]. - Net profit attributable to shareholders reached CNY 79.93 million, a significant increase of 447.61% from CNY 14.60 million year-on-year[5]. - The net cash flow from operating activities surged to CNY 84.28 million, reflecting a remarkable growth of 686.27% compared to CNY 10.72 million in the previous year[5]. - The gross profit margin improved to 27.41%, up by 5.05 percentage points from the previous year, driven by a decrease in manufacturing costs[9]. - Total operating revenue for the current period reached ¥951,300,474.75, an increase of 4.9% compared to ¥909,084,583.66 in the previous period[31]. - Net profit for the current period was ¥69,291,554.24, a significant recovery from a net loss of ¥20,522,379.54 in the previous period[31]. - The company reported a basic earnings per share of ¥0.09, up from ¥0.02 in the previous period[32]. - The total comprehensive income for the current period was ¥68,742,522.85, recovering from a loss of ¥20,386,903.52 in the previous period[32]. Cash Flow and Investments - The cash flow from investing activities was negative at CNY -109.37 million, primarily due to expenditures on engineering projects and new economic equity investments[20]. - The company’s cash inflow from investment activities was ¥483,438,702.74, compared to ¥275,612,129.52 in the previous period, indicating a substantial increase[33]. - The net cash flow from financing activities was -414,229,733.61, a decrease from 442,551,229.68 in the previous period, indicating a significant decline in financing performance[34]. - Total cash inflows from financing activities amounted to 1,073,973,757.38, down from 2,121,429,823.88, reflecting a 49.3% decrease year-over-year[34]. - Cash outflows from financing activities totaled 1,488,203,490.99, compared to 1,678,878,594.20 in the previous period, showing a reduction of 11.4%[34]. - The ending balance of cash and cash equivalents was 684,560,879.60, a significant drop from 2,388,276,291.32 in the prior period, representing a decrease of 71.3%[34]. - The company received 455,000,000.00 in borrowed funds, down from 1,248,740,000.00, indicating a 63.6% decline in new borrowings[34]. - Cash received from other financing activities was 548,973,757.38, compared to 872,689,823.88, marking a decrease of 37.0%[34]. - The company paid 684,755,206.86 in debt repayments, which is an increase from 541,010,372.00, reflecting a rise of 26.5%[34]. - The company distributed dividends and interest payments totaling 32,716,790.68, slightly down from 38,752,323.59, indicating a decrease of 15.6%[34]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 17.20 billion, a decrease of 2.12% from CNY 17.58 billion at the end of the previous year[5]. - Total current assets decreased from ¥6,224,311,823.01 to ¥5,899,769,298.59[28]. - Total assets decreased from ¥17,577,856,929.22 to ¥17,204,673,330.27[28]. - Total liabilities decreased to ¥7,416,051,297.64 from ¥7,922,785,062.95 at the beginning of the period, reflecting a reduction of approximately 6.4%[29]. - The company’s asset-liability ratio decreased to 43.10%, down by 1.97 percentage points from the beginning of the year, indicating improved financial stability[13]. - The total equity attributable to shareholders increased to ¥9,028,950,103.37 from ¥8,948,861,025.58, marking a growth of 0.9%[29]. - Short-term borrowings decreased from ¥1,566,330,689.00 to ¥1,345,655,330.95[28]. - Total non-current assets decreased from ¥11,353,545,106.21 to ¥11,304,904,031.68[28]. - Cash and cash equivalents at the end of the period amount to ¥2,422,659,172.10, down from ¥2,671,756,512.29 at the beginning of the period[28]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 41,810[23]. - Zhejiang Shangfeng Holding Group Co., Ltd. holds 31.15% of shares, totaling 301,975,579 shares, with 52,000,000 shares pledged[23]. Other Financial Information - The company reported a significant increase in investment income and fair value changes, contributing to the overall performance improvement[9]. - Other income decreased year-on-year, primarily due to a decline in government subsidies[24]. - Investment income decreased year-on-year, mainly due to reduced earnings from certain associated companies[24]. - The impact of exchange rate changes on cash and cash equivalents was -451.03, a minor change compared to -9.53 in the previous period[34]. - The first quarter report was not audited, which may affect the reliability of the financial data presented[35]. - The company has not disclosed any significant new strategies or mergers and acquisitions during the reporting period[26]. - Management expenses decreased by 19.47% year-on-year, reflecting improved operational efficiency[15]. - The average selling price of cement products increased compared to the previous year, contributing to the revenue growth despite a decline in operating costs[15].