YTCO(SH:600066)2025-04-25 11:10Financial Performance - The company's operating revenue for Q1 2025 was CNY 6,417,699,590.81, a decrease of 3.00% compared to CNY 6,615,975,059.24 in the same period last year[5] - Net profit attributable to shareholders increased by 14.91% to CNY 755,002,588.85 from CNY 657,054,861.10 year-on-year[5] - Net profit for Q1 2025 reached CNY 772,695,224.51, an increase of 16.5% from CNY 663,258,198.62 in Q1 2024[17] - Basic and diluted earnings per share rose to CNY 0.34, reflecting a 14.91% increase from CNY 0.30 in the same period last year[5] - Earnings per share for Q1 2025 were CNY 0.34, compared to CNY 0.30 in Q1 2024, reflecting a growth of 13.3%[17] - The company reported a gross profit margin of approximately 8.0% for Q1 2025, compared to 8.0% in Q1 2024[17] Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 57.15%, amounting to CNY 1,417,251,270.92 compared to CNY 3,307,589,913.09 in the previous year[5] - In Q1 2025, the cash inflow from operating activities was CNY 9,746,980,720.96, an increase of 8.2% compared to CNY 9,006,394,933.86 in Q1 2024[18] - The net cash flow from operating activities decreased to CNY 1,417,251,270.92 in Q1 2025, down 57.1% from CNY 3,307,589,913.09 in Q1 2024[18] - Cash outflow for purchasing goods and services rose significantly to CNY 6,263,230,642.53, up 45.2% from CNY 4,316,240,365.10 in the same period last year[18] - The cash inflow from investment activities was CNY 3,062,672,401.67, compared to CNY 1,791,360,773.87 in Q1 2024, marking a 70.9% increase[18] - The net cash flow from investment activities was negative at CNY -3,430,680,159.95, an improvement from CNY -3,862,245,761.60 in Q1 2024[18] - The cash inflow from financing activities was CNY 1,544,400.00, a slight increase from CNY 2,000.00 in Q1 2024[18] - The net cash flow from financing activities was CNY 1,078,882.23, compared to CNY 2,000.00 in the previous year[18] - The ending balance of cash and cash equivalents was CNY 6,499,305,189.78, up from CNY 5,708,541,268.88 in Q1 2024[18] - The impact of exchange rate changes on cash and cash equivalents was CNY 97,095,794.76, a positive shift from CNY -28,663,888.25 in Q1 2024[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 30,817,151,746.64, down 4.15% from CNY 32,150,894,481.86 at the end of the previous year[5] - The company's total assets as of March 31, 2025, were CNY 30,817,151,746.64, down from CNY 32,150,894,481.86 at the end of 2024[15] - Total current liabilities decreased to CNY 12,137,023,636.73 from CNY 14,489,218,998.50, reflecting a reduction of 16.3%[15] - The total liabilities as of March 31, 2025, were CNY 16,396,105,796.66, down from CNY 18,493,383,044.78 at the end of 2024, a decrease of 11.3%[15] - The company’s total equity increased to CNY 14,421,045,949.98 from CNY 13,657,511,437.08, an increase of 5.6%[15] - Shareholders' equity attributable to shareholders increased by 5.55% to CNY 14,168,538,162.94 from CNY 13,423,775,107.91 at the end of the previous year[5] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 52,425[11] - The largest shareholder, Zhengzhou Yutong Group Co., Ltd., holds 37.70% of the shares, totaling 834,755,347 shares[11] Research and Development - Research and development expenses for Q1 2025 were CNY 293,541,558.78, down from CNY 310,816,417.73 in Q1 2024, a decrease of 5.6%[17] Accounting Standards - The company did not apply new accounting standards starting from 2025[19] Return on Equity - The weighted average return on equity improved by 0.86 percentage points to 5.47% from 4.62% year-on-year[5] Non-Recurring Gains and Losses - The company recognized non-recurring gains and losses totaling CNY 112,750,892.76 during the reporting period[8]