Yueda Inv.(SH:600805)2025-04-25 08:00Financial Performance - The company's operating revenue for Q1 2025 was ¥683,436,070.11, a decrease of 11.87% compared to ¥775,527,137.34 in the same period last year[4] - Net profit attributable to shareholders was ¥15,827,940.27, reflecting a slight increase of 1.65% from ¥15,571,489.24 year-on-year[4] - The basic earnings per share remained stable at ¥0.02, unchanged from the previous year[5] - Total operating revenue for Q1 2025 was ¥683,436,070.11, a decrease of 11.87% compared to ¥775,527,137.34 in Q1 2024[19] - Net profit for Q1 2025 was ¥14,344,175.72, an increase of 69.06% compared to ¥8,464,304.36 in Q1 2024[20] - Investment income for Q1 2025 was ¥32,447,271.45, significantly lower than ¥84,258,624.11 in Q1 2024, reflecting a decrease of 61.54%[19] - The company's financial expenses for Q1 2025 were ¥20,601,450.97, an increase from ¥15,424,597.27 in Q1 2024[19] - The basic earnings per share for Q1 2025 remained at ¥0.02, unchanged from Q1 2024[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,593,340,924.45, showing a marginal increase of 0.07% from ¥9,586,629,720.81 at the end of the previous year[5] - The company's total current assets as of March 31, 2025, amount to ¥3,188,618,840.27, a decrease from ¥3,264,021,453.58 as of December 31, 2024[15] - Total non-current assets increased to ¥6,404,722,084.18 from ¥6,322,608,267.23[15] - The company’s total liabilities as of the end of the reporting period were ¥4,498,199,905.98, slightly up from ¥4,486,844,286.96 in the previous period[19] - Total equity attributable to shareholders was ¥4,379,391,988.98, a decrease from ¥4,412,695,633.84 in the previous period[19] Cash Flow - The cash flow from operating activities was negative at -¥29,135,388.05, an improvement from -¥54,604,844.95 in the same period last year[4] - The company reported a net cash outflow from operating activities of ¥29,135,388.05 in Q1 2025, an improvement from a net outflow of ¥54,604,844.95 in Q1 2024[23] - The company’s cash inflow from operating activities totaled ¥740,898,053.37, down from ¥943,237,561.03 in Q1 2024[23] - Net cash flow from investment activities was -$239.67 million, compared to -$205.70 million in the previous period, indicating a decline in investment performance[24] - Cash inflow from financing activities totaled $894.86 million, significantly up from $433.61 million year-over-year[24] - Net cash flow from financing activities was $61.75 million, a recovery from a negative $40.22 million in the previous period[24] - Cash and cash equivalents at the end of the period amounted to $1.09 billion, down from $821.28 million year-over-year[24] - The net increase in cash and cash equivalents was -$206.99 million, compared to -$300.38 million in the previous period, showing an improvement[24] - The impact of exchange rate changes on cash and cash equivalents was $52,200, down from $144,386.82 in the previous period[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 35,352[10] - Jiangsu Yueda Group Co., Ltd. holds 289,264,449 shares, accounting for 34.00% of total shares[10] - The company has no changes in the participation of major shareholders in margin trading and securities lending[11] - The company has no significant changes in the shareholding structure of the top ten shareholders[11] Operational Changes - The company completed the acquisition of Jiangsu Yueda Comprehensive Energy Service Co., Ltd. on March 25, 2025, which is classified as a business combination under common control[13] - Accounts receivable financing increased by 60.65%, primarily due to a higher volume of bank acceptance bill payments during the reporting period[8] - Prepayments surged by 90.02%, mainly attributed to advance payments for cotton purchases in the textile sector[8] - The company reported a significant decrease in sales expenses by 48.04%, largely due to the disposal of a subsidiary in the previous year[8] - Investment income dropped by 61.49%, primarily due to the absence of gains from the transfer of equity in a previous period[8] Accounting Standards - The company plans to implement new accounting standards starting in 2025, which may affect financial reporting[24]