盘江股份(600395) - 2025 Q1 - 季度财报

Revenue Performance - Revenue for Q1 2025 reached CNY 2,481,915,365.01, an increase of 27.33% compared to CNY 1,949,172,142.25 in the same period last year[4] - Total revenue for Q1 2025 reached CNY 2,481,915,365.01, a 27.3% increase from CNY 1,949,172,142.25 in Q1 2024[18] - Operating income for Q1 2025 was CNY 2,481,915,365.01, reflecting strong sales performance despite increased costs[18] - The total revenue from operating activities in Q1 2025 was 2,602,143,907.73 CNY, compared to 1,926,213,018.84 CNY in Q1 2024, showing a growth of approximately 35%[22] Profitability - Net profit attributable to shareholders was CNY -104,571,819.20, a decrease of 590.37% from CNY 21,325,156.43 in the previous year[4] - The net profit for the first quarter of 2025 was -129,384,639.39 CNY, compared to a profit of 53,352,298.77 CNY in the same period of 2024, indicating a significant decline[20] - Operating profit for the first quarter of 2025 was -104,964,765.10 CNY, while the previous year reported an operating profit of 44,769,666.05 CNY[20] - The company reported a total comprehensive loss of -144,594,071.04 CNY for the first quarter of 2025, compared to a loss of -23,911,614.01 CNY in the same quarter of 2024[20] - The basic and diluted earnings per share for Q1 2025 were both -0.049 CNY, compared to 0.010 CNY in Q1 2024[20] Cash Flow - The net cash flow from operating activities increased by 290.71% to CNY 90,291,292.72, up from CNY 23,109,247.85 year-on-year[4] - Cash flow from operating activities for Q1 2025 was 90,291,292.72 CNY, a significant increase from 23,109,247.85 CNY in Q1 2024[22] - In Q1 2025, the net cash flow from operating activities was -$101.17 million, a decrease from $38.64 million in Q1 2024, indicating a decline in operational performance[34] - Cash inflow from operating activities totaled $1.08 billion in Q1 2025, down from $1.30 billion in Q1 2024, reflecting a year-over-year decrease of approximately 17%[34] - The total cash outflow for operating activities was $1.18 billion in Q1 2025, compared to $1.26 billion in Q1 2024, showing a reduction in cash outflow[34] Assets and Liabilities - Total assets at the end of the reporting period were CNY 45,559,356,309.35, reflecting a 4.85% increase from CNY 43,453,824,729.26 at the end of the previous year[4] - Total assets increased to CNY 45,559,356,309.35 as of March 31, 2025, up from CNY 43,453,824,729.26 at the end of 2024[15] - Total liabilities rose to CNY 34,117,828,580.68 as of March 31, 2025, compared to CNY 31,964,605,219.34 at the end of 2024, indicating higher leverage[15] - The company's total liabilities rose to CNY 14.02 billion as of March 31, 2025, from CNY 13.41 billion at the end of 2024, marking an increase of about 4.6%[27] Production and Sales - Coal production for Q1 2025 was 2,179,900 tons, a 7.00% increase from 2,037,300 tons in Q1 2024[4] - Coal sales volume decreased by 11.16% to 1,688,500 tons from 1,900,700 tons in the same period last year[4] Research and Development - Research and development expenses increased to 98,225,257.17 CNY in Q1 2025, up from 35,786,751.37 CNY in Q1 2024, reflecting a focus on innovation[20] - Research and development expenses for Q1 2025 were CNY 36.18 million, up 10.3% from CNY 32.77 million in Q1 2024, indicating a focus on innovation[30] Shareholder Information - The company reported a total of 50,660 common shareholders at the end of the reporting period[9] Financial Management - The company raised 3,904,489,560.65 CNY through borrowings in Q1 2025, compared to 3,002,833,123.45 CNY in Q1 2024, indicating increased financing activities[23] - The company experienced a net cash inflow from financing activities of 2,383,019,596.84 CNY in Q1 2025, compared to 2,134,493,705.28 CNY in Q1 2024[23] - The company paid $1.11 billion in debt repayments during Q1 2025, an increase from $708 million in Q1 2024, reflecting a focus on debt management[35] Accounting Standards - The company did not apply new accounting standards for the first time in 2025, maintaining consistency in financial reporting[36]