太钢不锈(000825) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥23.31 billion, a decrease of 4.71% compared to ¥24.46 billion in the same period last year[4]. - Net profit attributable to shareholders reached ¥187.94 million, a significant increase of 5,506.92% from ¥3.35 million year-on-year[4]. - The net profit after deducting non-recurring gains and losses was ¥160.14 million, up 459.23% from a loss of ¥44.58 million in the previous year[4]. - Basic and diluted earnings per share were both ¥0.033, representing a 3,200.00% increase from ¥0.001 in the previous year[4]. - Net profit for the current period is ¥200,073,145.51, significantly up from ¥5,509,682.59 in the previous period, representing a growth of 3631.67%[23]. - The company recorded a total comprehensive income of ¥199,576,039.37, compared to ¥1,820,405.85 in the previous period[23]. - The company’s total profit for the current period is ¥205,655,998.31, compared to ¥15,505,132.75 in the previous period, reflecting a growth of 1232.73%[23]. Cash Flow - The net cash flow from operating activities was ¥1.33 billion, an increase of 248.59% compared to a negative cash flow of ¥896.51 million in the same period last year[4]. - The net cash flow from investment activities was ¥58.60 million, a turnaround from a negative cash flow of ¥554.90 million in the same period last year[11]. - Net cash flow from operating activities is ¥1,332,077,394.13, a turnaround from a negative cash flow of ¥896,507,409.31 in the previous period[25]. - Cash and cash equivalents increased to ¥8,779,751,401.23 from ¥8,144,892,393.10, marking a growth of about 7.8%[18]. - Cash and cash equivalents at the end of the period increased to ¥8,436,721,231.47 from ¥6,596,098,183.41 in the previous period[25]. Assets and Liabilities - Total assets at the end of Q1 2025 were ¥67.93 billion, a slight increase of 0.58% from ¥67.53 billion at the end of the previous year[4]. - The company's total liabilities stood at ¥32,807,354,667.55, slightly up from ¥32,617,539,003.25, indicating a marginal increase of about 0.88%[21]. - The total equity attributable to shareholders reached ¥32,755,915,193.61, compared to ¥32,565,451,698.55 at the start of the period, representing an increase of approximately 0.58%[21]. - As of March 31, 2025, the total assets of the company amounted to ¥67,926,551,104.92, an increase from ¥67,532,693,504.04 at the beginning of the period, reflecting a growth of approximately 0.58%[20]. Accounts Receivable and Inventory - The company's accounts receivable increased by 45.35% to ¥1.25 billion, primarily due to an increase in receivables from steel sales[7]. - Accounts receivable rose to ¥1,245,847,588.59 from ¥857,136,272.23, reflecting a significant increase of approximately 45.3%[18]. - Inventory decreased to ¥9,285,026,329.20 from ¥9,645,460,564.93, showing a decline of about 3.74%[19]. Expenses - Financial expenses rose by 883.38% to ¥34.81 million, mainly due to increased exchange losses during the reporting period[9]. - The company reported a decrease in research and development expenses to ¥79,853,367.14 from ¥96,060,306.16, a reduction of 16.83%[22]. - The company experienced a significant increase in other income to ¥255,715,105.30 from ¥22,961,659.27, marking a growth of 1009.09%[22]. Borrowings and Contract Liabilities - Short-term borrowings remained stable at ¥59,001,163.94, with a negligible change from ¥59,006,167.15[20]. - The company's long-term borrowings decreased significantly from ¥4,104,023,300.69 to ¥2,032,231,497.30, a reduction of approximately 50.5%[21]. - The company's contract liabilities increased to ¥3,048,944,205.79 from ¥2,552,898,816.93, indicating a growth of about 19.5%[20].