西部矿业(601168) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 reached ¥16,541,553,094, representing a 50.74% increase compared to ¥10,973,912,763 in the same period last year[2] - Net profit attributable to shareholders was ¥807,802,492, up 9.61% from ¥736,994,982 year-on-year[2] - The total profit for Q1 2025 was CNY 1.80 billion, with a net profit attributable to shareholders of CNY 808 million, reflecting a 9.61% increase year-over-year[10] - The total comprehensive income for the period was CNY 1,552,413,578, compared to CNY 1,191,159,574 in the previous year, indicating an increase of about 30%[18] Cash Flow and Liquidity - The net cash flow from operating activities surged to ¥2,615,211,547, a remarkable increase of 423.69% compared to ¥499,383,882 in the previous year[2] - In Q1 2025, the company reported a net cash flow from operating activities of CNY 2,615,211,547, a significant increase from CNY 499,383,882 in Q1 2024, representing a growth of approximately 423%[19] - The company generated CNY 18,996,064,772 in cash from sales of goods and services, a rise of approximately 48% compared to CNY 12,789,084,795 in Q1 2024[19] - The total cash inflow from operating activities was CNY 19,142,433,599, compared to CNY 12,838,124,363 in the previous year, showing a growth of approximately 49%[19] - The company’s cash and cash equivalents increased to CNY 6.41 billion from CNY 4.12 billion year-over-year[12] - Cash and cash equivalents at the end of Q1 2025 amounted to CNY 5,539,408,975, up from CNY 4,054,997,835 at the end of Q1 2024, marking an increase of about 36.5%[19] Production and Sales - The increase in operating revenue was primarily driven by higher production and sales volumes of copper, lead, and gold ingots compared to the previous year[5] - Copper production increased by 14.35% year-over-year to 44,085 tons, while zinc and lead production rose by 18.17% and 38.38%, respectively[10] - The company reported a significant increase in lead smelting output, with a year-over-year increase of 1,752.30% to 43,714 tons[10] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥57,380,082,307, marking a 4.44% increase from ¥54,939,668,740 at the end of the previous year[2] - The company reported a total asset increase to CNY 57.38 billion as of March 31, 2025, compared to CNY 54.94 billion at the end of 2024[12] - Current assets rose to CNY 15.47 billion, up from CNY 13.31 billion at the end of 2024[12] - The company's total liabilities increased to CNY 33.03 billion, compared to CNY 32.18 billion at the end of 2024[14] Shareholder Information - Basic earnings per share increased to ¥0.34, reflecting a growth of 9.68% from ¥0.31 in the same period last year[2] - The company's equity attributable to shareholders rose to ¥17,926,028,329, a 4.89% increase from ¥17,089,849,771 at the end of the previous year[3] - The total number of ordinary shareholders at the end of the reporting period was 106,597[6] Research and Development - Research and development expenses for Q1 2025 were CNY 208 million, up from CNY 132 million in Q1 2024[16] Non-Recurring Gains - The company reported non-recurring gains of ¥26,807,508, which included government subsidies and other income[4] Tax and Financing Activities - The company reported a tax refund of CNY 26,116,800 in Q1 2025, significantly higher than CNY 4,674,516 in Q1 2024, indicating improved tax recovery[19] - The net cash flow from financing activities was CNY 570,456,163, a turnaround from a negative cash flow of CNY -439,027,789 in the same period last year[19] - The company received CNY 3,906,995,027 in cash from borrowings, which is an increase from CNY 3,617,235,931 in Q1 2024[19] Investment Activities - The company incurred a net cash outflow from investing activities of CNY -956,091,795, compared to CNY -649,547,366 in Q1 2024, indicating increased investment activity[19] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to enhance production efficiency[10]