GGEP(SH:600236)2025-04-24 14:10Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,945,010,441.48, a decrease of 8.70% compared to CNY 2,130,267,286.09 in the same period last year[4] - Net profit attributable to shareholders increased by 26.37% to CNY 543,364,158.07 from CNY 429,994,065.39 year-on-year[4] - The net profit after deducting non-recurring gains and losses rose by 28.64% to CNY 538,543,893.56 compared to CNY 418,647,912.96 in the previous year[4] - Basic earnings per share increased by 29.15% to CNY 0.0669 from CNY 0.0518 year-on-year[4] - Net profit for Q1 2025 reached CNY 609,478,732.03, an increase of 23.87% from CNY 491,881,711.39 in Q1 2024[19] - Earnings per share for Q1 2025 was CNY 0.07, compared to CNY 0.05 in Q1 2024[20] - The company's operating profit for Q1 2025 was CNY 45,251,980.32, an increase of 17.5% compared to CNY 38,470,853.47 in Q1 2024[30] - Net profit for Q1 2025 reached CNY 46,259,500.50, up 20% from CNY 38,570,072.28 in the same period last year[30] Cash Flow - The net cash flow from operating activities was CNY 1,502,642,328.40, reflecting a 27.12% increase from CNY 1,182,035,059.07 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was CNY 2,298,859,142.08, an increase from CNY 2,104,672,486.07 in Q1 2024[22] - Cash flow from operating activities in Q1 2025 was CNY 93,041,548.01, significantly higher than CNY 31,408,328.09 in Q1 2024, marking an increase of 196%[33] - Cash inflow from investment activities in Q1 2025 totaled CNY 605,506,811.25, compared to CNY 123,563,235.41 in Q1 2024, representing a growth of 388%[33] - The net cash flow from financing activities in Q1 2025 was negative at CNY -486,684,331.89, contrasting with a positive CNY 65,306,369.94 in Q1 2024[34] Assets and Liabilities - Total assets at the end of the reporting period were CNY 50,470,259,961.97, a slight increase of 0.52% from CNY 50,207,663,327.90 at the end of the previous year[5] - Total current assets as of March 31, 2025, amount to ¥4,697,136,968.78, an increase from ¥4,373,935,206.92 as of December 31, 2024[14] - Total liabilities decreased to CNY 27,839,310,566.85 from CNY 28,267,487,975.59[16] - Non-current liabilities increased to CNY 12,190,124,657.08 from CNY 11,376,266,882.29[16] - The total assets as of March 31, 2025, were CNY 30,309,232,180.71, a slight decrease from CNY 30,694,472,645.56 at the end of 2024[26] - The total liabilities decreased to CNY 9,217,587,779.46 from CNY 9,651,486,710.82, indicating a reduction of approximately 4.5%[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,338[9] - The largest shareholder, China Datang Corporation, holds 4,063,487,233 shares, representing 51.55% of the total shares[10] - Guangxi Investment Group holds 1,758,394,835 shares, accounting for 22.31% of the total shares[10] - The company has no significant changes in the top ten shareholders or their participation in margin trading[11] - There are no significant related party transactions disclosed among the top shareholders[11] Government Subsidies and Investments - The company recognized government subsidies of CNY 1,692,308.35, which are closely related to its normal operations[6] - The company reported investment income of CNY 12,822,250.95 for Q1 2025, significantly higher than CNY 903,066.21 in Q1 2024[19] - Long-term equity investments increased from ¥1,291,637,899.41 to ¥1,327,503,250.36, showing a growth of approximately 2.77%[14] Operational Costs - Total operating costs for Q1 2025 were CNY 1,262,655,118.45, down 20.69% from CNY 1,592,019,851.76 in Q1 2024[18] Accounting Standards - The company is not applying new accounting standards or interpretations for the first time in 2025[35]