北方国际(000065) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥3,649,622,619.29, a decrease of 27.22% compared to ¥5,014,375,387.21 in the same period last year[5] - Net profit attributable to shareholders was ¥176,876,371.12, down 32.97% from ¥263,893,107.66 year-on-year[5] - The basic earnings per share decreased by 35.19% to ¥0.1707 from ¥0.2634 in the previous year[5] - Net profit for the period was ¥179,975,856.30, down from ¥278,865,996.09, reflecting a decline of approximately 35.4% year-over-year[20] - Basic earnings per share decreased to ¥0.1707 from ¥0.2634, a drop of about 35.2% year-over-year[20] - The company’s total comprehensive income for the period was ¥237,902,620.35, slightly down from ¥257,853,264.23 in the previous period, a decrease of about 7.7% year-over-year[20] Assets and Liabilities - Total assets increased by 2.22% to ¥24,993,800,003.01 compared to ¥24,451,332,685.01 at the end of the previous year[5] - The total assets of the company as of March 31, 2025, amounted to CNY 24,993,800,003.01, an increase from CNY 24,451,332,685.01 at the beginning of the period[17] - The company's total liabilities reached CNY 14,304,717,051.73, slightly up from CNY 14,233,308,387.00[17] - The total equity attributable to the parent company increased to CNY 9,909,274,521.72 from CNY 9,458,689,738.39[18] - The total current assets amounted to CNY 13,909,720,889.28, up from CNY 13,755,633,434.66[16] - The total non-current liabilities decreased to CNY 1,925,932,421.24 from CNY 2,356,957,015.57, indicating a reduction of approximately 18.2%[17] Cash Flow and Investments - The company’s net cash flow from operating activities was ¥333,946,803.60, a slight decrease of 1.41% from the previous year[5] - Cash flow from operating activities generated ¥333,946,803.60, slightly down from ¥338,720,289.89, a decrease of about 1.1% year-over-year[21] - Cash and cash equivalents decreased to CNY 4,521,838,479.87 from CNY 4,600,246,387.65[16] - Cash and cash equivalents at the end of the period were ¥4,373,602,120.19, compared to ¥3,863,026,665.01 at the end of the previous period, an increase of approximately 13.2%[22] - The company reported a net cash outflow from investing activities of ¥441,789,688.51, worsening from a net outflow of ¥146,843,403.12 in the previous period[21] - The company raised ¥220,000,000.00 through borrowings, compared to ¥50,972,222.79 in the previous period, indicating a significant increase in financing activities[22] Operational Metrics - The company reported a 55.27% increase in construction in progress, primarily due to overseas construction projects[9] - Investment income increased by 124.76% year-on-year, attributed to the delivery of foreign exchange forward contracts by a subsidiary[9] - The company experienced a 175.82% increase in financial expenses, mainly due to exchange rate fluctuations[9] - The weighted average return on equity decreased to 1.72% from 3.07% in the previous year[5] - The company reported a 394.74% decrease in credit impairment losses, indicating improved collection of receivables[9] Receivables and Equity - Accounts receivable rose to CNY 4,503,320,546.19 from CNY 3,806,674,574.84, indicating a growth of approximately 18.3%[16] - The company's long-term equity investments increased to CNY 2,315,710,204.05 from CNY 1,945,459,256.42, reflecting a growth of about 19%[16] - The company's retained earnings increased to CNY 6,504,221,151.33 from CNY 6,327,344,780.21, showing a growth of about 2.8%[18]