华润双鹤(600062) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was approximately CNY 3.08 billion, a decrease of 2.10% compared to CNY 2.84 billion in the same period last year[6]. - Net profit attributable to shareholders was approximately CNY 506.67 million, down 1.26% from CNY 416.11 million year-on-year[6]. - The net profit excluding non-recurring gains and losses increased by 22.16% to approximately CNY 485.98 million from CNY 397.82 million in the previous year[6]. - The basic earnings per share for the period was CNY 0.4932, a decrease of 1.85% compared to CNY 0.4075 in the same period last year[6]. - The weighted average return on equity increased by 0.64 percentage points to 4.75% from 4.11% in the previous year[6]. - Net profit for Q1 2025 reached CNY 522,728,505.82, an increase of 4.1% from CNY 502,001,626.33 in Q1 2024[19]. - The total comprehensive income for Q1 2025 was ¥522,728,461.20, compared to ¥502,000,304.77 in Q1 2024, reflecting a growth of 4.1%[20]. - The basic and diluted earnings per share for Q1 2025 were both ¥0.4932, down from ¥0.5025 in Q1 2024, indicating a decrease of 2.6%[20]. Cash Flow and Liquidity - The net cash flow from operating activities was approximately CNY 317.08 million, a decrease of 15.61% compared to CNY 301.69 million in the same period last year[6]. - The company reported a significant increase in cash flow from operations, contributing to a stronger liquidity position[19]. - Cash inflows from operating activities in Q1 2025 totaled ¥2,479,566,311.51, a decline of 9.6% from ¥2,743,380,358.69 in Q1 2024[22]. - The net cash flow from operating activities for Q1 2025 was ¥317,080,540.64, down 15.5% from ¥375,741,469.58 in Q1 2024[22]. - The net cash flow from investing activities for Q1 2025 was -¥21,354,811.03, compared to ¥44,072,614.29 in Q1 2024, indicating a significant decline[23]. - The net cash flow from financing activities for Q1 2025 was -¥25,182,065.92, a decrease from ¥280,976,270.21 in Q1 2024[23]. - The cash and cash equivalents at the end of Q1 2025 amounted to ¥3,110,204,112.83, down from ¥3,909,801,221.84 at the end of Q1 2024[23]. - The company reported a tax refund of ¥14,570,437.19 in Q1 2025, significantly higher than ¥4,889,620.09 in Q1 2024[22]. Assets and Liabilities - The total assets at the end of the reporting period were approximately CNY 17.29 billion, an increase of 3.61% from CNY 16.69 billion at the end of the previous year[7]. - Shareholders' equity attributable to shareholders was approximately CNY 10.92 billion, up 4.92% from CNY 10.41 billion at the end of the previous year[7]. - Total assets as of March 31, 2025, amounted to CNY 17,289,146,467.56, an increase from CNY 16,685,995,679.77 at the end of 2024[18]. - Total liabilities as of March 31, 2025, were CNY 5,649,369,624.00, slightly up from CNY 5,574,240,762.32 at the end of 2024[18]. - Non-current assets totaled CNY 9,136,729,735.11 as of March 31, 2025, down from CNY 9,209,071,394.66 at the end of 2024[17]. - Accounts receivable increased to CNY 2,401,418,051.96 as of March 31, 2025, compared to CNY 1,764,693,782.14 at the end of 2024, representing a growth of 36.1%[16]. Research and Development - Research and development expenses for Q1 2025 were CNY 116,366,118.08, a decrease of 25.5% from CNY 156,246,332.83 in Q1 2024[19].