宁波远洋(601022) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,372,508,733.99, representing a 17.60% increase compared to CNY 1,167,072,448.15 in the same period last year[2] - Net profit attributable to shareholders was CNY 175,092,941.97, a 4.95% increase from CNY 166,827,983.50 year-on-year[2] - Total operating revenue for Q1 2025 reached CNY 1,372,508,733.99, an increase of 17.5% compared to CNY 1,167,072,448.15 in Q1 2024[17] - Operating profit for Q1 2025 reached CNY 231,773,845.11, up from CNY 218,323,115.18 in the same period last year, reflecting a growth of 6.7%[18] - The net profit for Q1 2025 was CNY 175,040,763.08, an increase of 5.1% compared to CNY 166,351,305.71 in Q1 2024[18] - The company's net profit for Q1 2025 was CNY 118,148,127.01, down 11.2% from CNY 132,901,678.54 in Q1 2024[31] - The company's total comprehensive income for Q1 2025 was CNY 175,040,763.08, compared to CNY 166,351,305.71 in Q1 2024, reflecting a growth of 5.1%[19] Cash Flow and Liquidity - The net cash flow from operating activities increased by 37.48%, reaching CNY 504,412,605.59, primarily due to increased business volume[5] - Cash flow from operating activities for Q1 2025 was CNY 504,412,605.59, compared to CNY 366,907,348.49 in Q1 2024, indicating a significant increase of 37.4%[22] - Total cash and cash equivalents at the end of Q1 2025 amounted to CNY 1,685,874,210.25, up from CNY 1,171,221,051.71 at the end of Q1 2024, representing a growth of 43.9%[23] - Cash and cash equivalents increased to CNY 1,686,607,549.60 as of March 31, 2025, compared to CNY 1,252,811,833.09 at the end of 2024, indicating improved liquidity[11] - The cash flow from investing activities for Q1 2025 was CNY -318,245,324.86, a decrease from CNY -607,768,891.90 in Q1 2024, showing an improvement in cash outflow[23] - The cash flow from investing activities for Q1 2025 was negative at CNY -315,940,916.14, compared to CNY -607,353,784.90 in Q1 2024, indicating a reduced outflow[35] - The net cash flow from financing activities was $234,605,591.02, compared to a negative cash flow of $4,034,035.42 in the previous period[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,515,575,740.63, up 3.74% from CNY 8,208,816,966.01 at the end of the previous year[2] - Total assets as of March 31, 2025, amounted to CNY 8,515,575,740.63, up from CNY 8,208,816,966.01 at the end of 2024, showing growth in the asset base[14] - Total liabilities increased to CNY 2,551,966,525.09 from CNY 2,411,538,847.47, indicating a rise in financial obligations[13] - The total liabilities rose to CNY 2,561,742,453.50 in Q1 2025, compared to CNY 2,450,764,048.04 in Q1 2024, indicating an increase of 4.5%[28] - The company's equity attributable to shareholders rose to CNY 5,953,601,643.59 from CNY 5,787,218,367.70, reflecting a positive trend in shareholder value[14] - The total equity increased to CNY 5,184,109,237.21 in Q1 2025 from CNY 5,074,687,806.82 in Q1 2024, showing a growth of 2.2%[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 34,682[7] - The largest shareholder, Ningbo Zhoushan Port Co., Ltd., holds 72.90% of the shares, totaling 954,000,000 shares[7] - There were no significant changes in the shareholding structure or participation in margin trading activities reported[8] Research and Development - Research and development expenses for Q1 2025 were CNY 1,239,127.65, slightly down from CNY 1,452,357.27 in Q1 2024, indicating a potential shift in investment strategy[17] - The company has not disclosed any new product developments or market expansion strategies in this report[1] Financial Management - The weighted average return on equity decreased by 0.05 percentage points to 2.98%[2] - The company reported non-recurring gains of CNY 21,393,840.08, after accounting for tax effects and minority interests[5] - The company is focusing on enhancing its liquidity and asset base while managing costs effectively to sustain growth in a competitive market environment[17] - The company reported a decrease in long-term borrowings to CNY 22,100,000.00 from CNY 33,500,000.00, suggesting a reduction in long-term debt[13] - The company's short-term borrowings increased to CNY 658,817,594.17 in Q1 2025 from CNY 420,284,380.56 in Q1 2024, representing a rise of 56.7%[28] - The company incurred a credit impairment loss of CNY -1,664,526.71 in Q1 2025, compared to CNY -566,217.36 in Q1 2024, indicating a deterioration in credit quality[18] Accounting Standards - The company will not apply new accounting standards starting from 2025[37]