和顺石油(603353) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥766,857,512.37, a decrease of 5.01% compared to ¥807,278,398.98 in the same period last year[4] - Net profit attributable to shareholders increased by 36.60% to ¥12,590,258.52 from ¥9,216,663.30 year-on-year[4] - The net profit for Q1 2025 was CNY 12,573,701.27, an increase of 37.5% compared to CNY 9,186,422.58 in Q1 2024[19] - Operating profit for Q1 2025 reached CNY 17,964,375.74, up 36.5% from CNY 13,157,434.25 in the same period last year[19] - The total profit for Q1 2025 was CNY 18,001,563.57, reflecting a growth of 36.5% compared to CNY 13,161,563.22 in Q1 2024[19] Cash Flow - The net cash flow from operating activities improved significantly to ¥17,930,501.95, a turnaround from a negative cash flow of ¥97,532,642.08 in the previous year, representing an increase of 118.38%[4] - Cash flow from operating activities generated a net amount of CNY 17,930,501.95, a significant recovery from a negative cash flow of CNY -97,532,642.08 in Q1 2024[22] - Investment activities generated a net cash flow of CNY 50,781,083.73, compared to CNY 238,591,429.57 in Q1 2024, indicating a decrease in investment returns[23] - The company reported a total cash and cash equivalents balance of CNY 185,151,576.74 at the end of Q1 2025, down from CNY 274,034,526.54 at the end of Q1 2024[24] Earnings Per Share - Basic and diluted earnings per share rose by 40.00% to ¥0.07 from ¥0.05 in the same period last year[4] - Basic and diluted earnings per share for Q1 2025 were both CNY 0.07, an increase from CNY 0.05 in Q1 2024[20] Assets and Liabilities - Total assets decreased by 2.94% to ¥1,967,403,963.85 from ¥2,027,064,586.00 at the end of the previous year[5] - Current assets as of March 31, 2025, totaled RMB 536,813,348.61, down 7.3% from RMB 579,473,768.13 as of December 31, 2024[14] - Total liabilities as of March 31, 2025, amounted to RMB 305,578,593.93, down 15.2% from RMB 360,488,466.20 as of December 31, 2024[16] - Total equity as of March 31, 2025, was RMB 1,661,825,369.92, a slight decrease from RMB 1,666,576,119.80 as of December 31, 2024[16] Operating Costs - Total operating costs for Q1 2025 were RMB 755,455,642.29, down 5.3% from RMB 797,833,684.86 in Q1 2024[18] - Operating costs included RMB 702,501,177.43 in cost of goods sold for Q1 2025, a decrease of 5.6% from RMB 744,341,492.96 in Q1 2024[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,630[10] Other Financial Metrics - The weighted average return on equity increased by 0.2 percentage points to 0.76% compared to 0.56% at the end of the previous year[5] - The company reported non-recurring gains of ¥4,462,175.74 after tax, primarily due to government subsidies and other income[7] - The company experienced a 100% decrease in trading financial assets, attributed to the redemption of structured deposits[7] - Accounts receivable decreased by 37.81%, reflecting the recovery of payments from credit customers[7] - Accounts receivable decreased to RMB 15,321,749.57 as of March 31, 2025, from RMB 24,636,184.89 as of December 31, 2024, indicating improved collection efficiency[14] - Inventory decreased to RMB 183,039,296.01 as of March 31, 2025, from RMB 195,018,158.26 as of December 31, 2024, reflecting better inventory management[14] - The company incurred financial expenses of CNY 1,787,239.96 in Q1 2025, a decrease of 38.8% from CNY 2,922,143.01 in Q1 2024[19] - The company paid CNY 27,530,788.03 in employee compensation during Q1 2025, an increase from CNY 25,688,013.93 in Q1 2024[23]