JFL(600901)2025-04-25 11:30Financial Performance - The company's operating revenue for Q1 2025 was CNY 154,419.77 million, representing a 20.47% increase compared to CNY 128,184.43 million in the same period last year[4]. - Net profit attributable to shareholders was CNY 77,175.65 million, an increase of 8.41% from CNY 71,191.31 million year-on-year[4]. - The net profit after deducting non-recurring gains and losses was CNY 76,906.90 million, reflecting a 9.79% increase from CNY 70,050.14 million year-on-year[4]. - The net profit for Q1 2025 was ¥772,287,209.28, compared to ¥711,913,100.49 in Q1 2024, indicating an increase of 8.5%[22]. - Basic earnings per share (EPS) decreased by 23.53% to CNY 0.13 from CNY 0.17 in the same period last year[4]. - The basic earnings per share for Q1 2025 was ¥0.13, down from ¥0.17 in Q1 2024[23]. Cash Flow - The net cash flow from operating activities was negative at CNY -497,822.57 million, compared to CNY -285,406.61 million in the previous year, indicating a significant decline[4]. - The company's cash inflow from operating activities in Q1 2025 was ¥30,383,662,141.75, compared to ¥24,006,883,274.58 in Q1 2024, a growth of 26.6%[25]. - The net cash flow from operating activities was -4,978,225,725.21, compared to -2,854,066,081.79 in the previous period, indicating a significant decline[26]. - The total cash outflow from operating activities amounted to -35,361,887,866.96, up from -26,860,949,356.37 year-over-year[26]. - The net cash flow from financing activities was 1,916,841,091.99, compared to 2,993,004,117.62 in the previous period, showing a decline in financing efficiency[26]. - The ending cash and cash equivalents balance was 1,730,724,972.77, down from 2,271,716,955.40 in the previous period[26]. - The company reported a net decrease in cash and cash equivalents of -3,074,126,272.69, compared to -569,402,645.53 in the previous period, indicating liquidity challenges[26]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 14,952,370.28 million, an increase of 8.94% from CNY 13,725,477.82 million at the end of the previous year[5]. - Total assets increased to ¥149,523,702,823.22 in Q1 2025 from ¥137,254,778,219.67 in Q1 2024, representing a growth of 8.5%[19]. - Total liabilities rose to RMB 12,417,030.42 million compared to RMB 11,267,333.66 million at the end of the last year[14]. - Total liabilities rose to ¥124,170,304,159.14 in Q1 2025, up from ¥112,673,336,633.83 in Q1 2024, marking an increase of 10.9%[19]. Capital and Equity - Total net capital at the end of the reporting period reached RMB 2,661,409.10 million, an increase from RMB 2,564,574.21 million at the end of the previous year[13]. - Core Tier 1 capital amounted to RMB 2,497,907.84 million, up from RMB 2,417,437.44 million year-on-year[13]. - The total equity attributable to shareholders increased to ¥24,902,146,430.86 in Q1 2025 from ¥24,130,720,077.89 in Q1 2024, reflecting a growth of 3.2%[19]. Risk and Ratios - The return on equity (ROE) decreased to 3.15%, down by 0.72 percentage points from 3.87% in the previous year[5]. - The provision coverage ratio decreased to 407.95% from 430.27% year-on-year[15]. - The capital adequacy ratio decreased to 18.18% from 19.08% year-on-year[15]. - The leverage ratio was reported at 16.50%, down from 17.27% in the previous year[15]. - The ratio of non-performing financing lease assets remained stable at 0.91%[15]. - The net interest margin for leasing business improved to 3.91% from 3.63% in the previous year[15]. Other Financial Metrics - The cash flow from financing activities decreased by 35.96% to CNY 191,684.11 million from CNY 299,300.41 million in the previous year[4]. - The company recognized non-recurring gains of CNY 268.75 million during the reporting period, primarily from government subsidies and other income[7]. - The total risk-weighted assets increased to RMB 14,636,327.33 million from RMB 13,444,544.98 million[13]. - The company experienced a decrease in commission income, with net commission income falling to -¥52,352,283.27 in Q1 2025 from -¥9,771,481.75 in Q1 2024[22].