2025-04-25 16:50Financial Performance - The company's revenue for Q1 2025 was CNY 9,472,103,951.62, representing a 35.72% increase compared to CNY 6,979,133,987.80 in the same period last year[5]. - Net profit attributable to shareholders was CNY 568,246,130.26, a 70.84% increase from CNY 332,623,657.47 year-on-year[5]. - Basic earnings per share increased by 78.93% to CNY 0.1299 from CNY 0.0726 in the same period last year[5]. - The net profit attributable to shareholders of the listed company for the period was RMB 568,246,130.26, representing a year-on-year increase of 70.84%, driven by an increase in gross profit and fair value changes[15]. - Basic earnings per share for the period were RMB 0.1299, an increase of 78.93% year-on-year, reflecting the growth in net profit attributable to shareholders[15]. - Net profit for the period was ¥668.02 million, up from ¥386.64 million, reflecting a 73% increase year-over-year[30]. - Revenue from sales of goods and services reached ¥15.01 billion, compared to ¥9.91 billion in the previous period, marking a 51% increase[31]. - Operating profit rose to ¥864.97 million, compared to ¥530.74 million, indicating a 63% increase year-over-year[29]. - The company reported a total comprehensive income of ¥676.69 million, up from ¥363.63 million, a 86% increase year-over-year[30]. Cash Flow and Investments - The net cash flow from operating activities improved to -CNY 1,636,460,591.49, a 72.97% reduction in cash outflow compared to -CNY 6,054,115,012.94 in the previous year[5]. - The net cash inflow from investing activities for the period was RMB 432,284,325.13, an increase of 250.93% year-on-year, attributed to an increase in cash received from investment recoveries[16]. - Net cash flow from operating activities was -1,636,460,591.49, an improvement from -6,054,115,012.94 in the previous period[32]. - Total cash inflow from investment activities increased to 2,640,897,517.75, compared to 1,684,521,694.42 last year[32]. - Cash received from investment recovery was 2,194,809,138.43, significantly higher than 1,302,738,929.62 last year[32]. - Cash outflow for investment activities totaled 2,208,613,192.62, compared to 1,970,938,327.96 in the previous period[32]. Assets and Liabilities - Total assets at the end of Q1 2025 were CNY 159,012,094,192.62, a 2.44% increase from CNY 155,224,285,481.93 at the end of the previous year[5]. - Current assets totaled ¥73,779,113,522.53, up from ¥68,600,887,505.10 at the beginning of the period, indicating an increase of about 3.2%[25]. - Total liabilities amounted to ¥116,158,669,853.23, compared to ¥114,797,204,198.26 at the beginning of the period, reflecting an increase of about 1.2%[26]. - The company's total assets reached ¥159,012,094,192.62, up from ¥155,224,285,481.93, indicating a growth of approximately 2.3%[26]. - Non-current liabilities totaled ¥43,869,577,030.60, an increase from ¥42,923,264,303.87, representing a growth of about 2.2%[26]. - The company's retained earnings increased to ¥19,382,543,110.96 from ¥18,839,247,247.50, reflecting a growth of approximately 2.9%[26]. - The total equity attributable to shareholders rose to ¥39,119,229,207.15 from ¥38,529,305,966.52, indicating an increase of about 1.5%[26]. Operating Costs and Expenses - The company reported a 41.34% increase in operating costs, amounting to CNY 7,409,522,329.04, due to higher sales of wind turbines and components[13]. - Total operating costs increased to ¥8.80 billion from ¥6.61 billion, representing a 33% increase year-over-year[29]. - Research and development expenses were ¥338.77 million, slightly down from ¥368.36 million, a decrease of 8%[29]. - Tax expenses increased to ¥182.32 million from ¥135.55 million, reflecting a 34% increase year-over-year[29]. Other Financial Metrics - Investment income decreased by 77.92% to CNY 43,502,607.85, primarily due to reduced gains from subsidiary transfers[13]. - Fair value gains increased significantly by 253.99% to CNY 147,005,278.10, attributed to the appreciation of other non-current financial assets[13]. - Other comprehensive income after tax was ¥8.67 million, compared to a loss of ¥23.01 million in the previous period[30]. - The company's cash and cash equivalents increased to ¥13,918,589,000.16 from ¥11,619,404,073.57, reflecting a growth of approximately 19.7%[24]. - The ending balance of cash and cash equivalents reached 13,172,752,604.38, up from 9,622,787,087.34 in the previous year[33].