林洋能源(601222) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,123,811,791.46, a decrease of 27.69% compared to CNY 1,554,242,390.29 in the same period last year[3] - Net profit attributable to shareholders was CNY 123,613,901.64, down 43.26% from CNY 217,877,660.89 year-on-year[3] - The basic earnings per share decreased by 45.45% to CNY 0.06 from CNY 0.11 in the previous year[3] - The weighted average return on equity fell by 0.59 percentage points to 0.80% from 1.39%[3] - Total operating revenue for Q1 2025 was ¥1,123,811,791.46, a decrease of 27.7% compared to ¥1,554,242,390.29 in Q1 2024[17] - Net profit for Q1 2025 was ¥119,865,305.56, a decline of 44.5% from ¥215,683,086.32 in Q1 2024[18] - The total comprehensive income for Q1 2025 was ¥131,231,750.26, down 38.8% from ¥214,287,825.39 in Q1 2024[18] Cash Flow - The net cash flow from operating activities was CNY -446,755,024.90, indicating a significant cash outflow compared to CNY -323,518,315.05 in the same period last year[3] - Cash inflow from operating activities for Q1 2025 was $1,781,966,097.71, an increase of 22.3% compared to $1,456,476,167.10 in Q1 2024[21] - Net cash flow from operating activities was -$446,755,024.90 in Q1 2025, worsening from -$323,518,315.05 in Q1 2024[21] - Cash inflow from investment activities totaled $1,978,552,048.81 in Q1 2025, compared to $1,839,116,023.58 in Q1 2024, marking an increase of 7.6%[22] - Net cash flow from investment activities was $366,863,773.07 in Q1 2025, down from $442,308,267.15 in Q1 2024[22] - Cash inflow from financing activities increased significantly to $801,847,619.92 in Q1 2025, compared to $98,270,418.00 in Q1 2024[22] - Net cash flow from financing activities improved to $90,545,314.76 in Q1 2025, recovering from -$48,075,946.58 in Q1 2024[22] Assets and Liabilities - The total assets at the end of the reporting period were CNY 24,073,266,586.62, a decrease of 2.49% from CNY 24,688,896,362.27 at the end of the previous year[4] - The company's current assets totaled CNY 13,585,220,385.21, down from CNY 14,276,032,768.66, indicating a decrease of about 4.9%[12] - The company's total liabilities decreased to ¥8,720,283,875.06 in 2025 from ¥8,950,567,560.33 in 2024, reflecting a reduction of 2.6%[14] - The total equity attributable to shareholders decreased to ¥15,283,738,435.54 in 2025 from ¥15,665,335,929.84 in 2024, a decline of 2.4%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 76,490[8] - The largest shareholder, Qidong Huahong Electronics Co., Ltd., held 35.10% of the shares, totaling 723,127,427 shares[8] Inventory and Investments - The company reported a total of CNY 2,810,571,806.78 in inventory as of March 31, 2025, compared to CNY 2,776,148,454.41 at the end of 2024, showing an increase of approximately 1.2%[12] - The long-term equity investments increased to CNY 295,605,891.90 from CNY 288,947,624.91, indicating a growth of about 2.3%[12] - The company reported an investment income of ¥6,778,957.05 in Q1 2025, recovering from a loss of ¥11,696,638.93 in Q1 2024[17] Employee Stock Ownership Plan - The company completed a non-trading transfer of 21,956,999 shares under the 2022 employee stock ownership plan at a price of CNY 5.50 per share[11] - The first unlock period of the employee stock ownership plan allowed for the release of 5,812,799 shares, which is 0.28% of the total share capital[11] Research and Development - Research and development expenses for Q1 2025 were ¥55,245,491.09, down 12.6% from ¥63,240,757.33 in Q1 2024[17]