Financial Performance - The company's operating revenue for Q1 2025 was CNY 343,570,637.63, a decrease of 8.83% compared to the same period last year[3]. - Net profit attributable to shareholders increased by 62.77% to CNY 13,857,881.99 from CNY 8,513,574.28 in the previous year[3]. - Basic and diluted earnings per share rose by 66.67% to CNY 0.15 per share[3]. - Net profit for Q1 2025 increased to CNY 14,551,384.35, compared to CNY 6,369,566.25 in Q1 2024, representing a growth of 128.5%[13]. - Earnings per share for Q1 2025 was CNY 0.15, up from CNY 0.09 in Q1 2024, indicating a 66.7% increase[13]. Cash Flow - The net cash flow from operating activities improved to -CNY 254,208,226.63, compared to -CNY 350,108,671.65 in the same period last year[3]. - In Q1 2025, the cash inflow from operating activities was approximately CNY 497.68 million, a decrease of 6.05% compared to CNY 529.68 million in Q1 2024[16]. - The cash outflow from operating activities totaled CNY 751.89 million in Q1 2025, down from CNY 879.79 million in Q1 2024, resulting in a net cash flow from operating activities of CNY -254.21 million, an improvement from CNY -350.11 million year-over-year[16][17]. - The cash inflow from financing activities was CNY 2 million in Q1 2025, with a net cash flow from financing activities of CNY 1.59 million, compared to a net outflow of CNY -359.25 million in Q1 2024[17]. - The total cash outflow from investing activities was CNY 1.15 million in Q1 2025, significantly lower than CNY 6.22 million in Q1 2024, leading to a net cash flow from investing activities of CNY -1.15 million[17]. Assets and Liabilities - Total assets decreased by 6.90% to CNY 4,837,485,630.68 from CNY 5,196,007,165.33 at the end of the previous year[4]. - Total liabilities decreased to CNY 2,929,839,672.99 from CNY 3,304,099,809.19, reflecting a decline of 11.3%[9]. - Long-term receivables decreased to CNY 3,673,655.32 from CNY 3,867,984.59, a decline of 5.0%[8]. - Long-term equity investments remained stable at CNY 7,813,778.50, slightly down from CNY 7,827,498.32[8]. - Deferred income tax assets were CNY 86,186,499.52, slightly down from CNY 86,785,659.51, a decrease of 0.7%[8]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9[6]. - Major shareholders include China Nonferrous Metal Construction Co., Ltd. with a 23.00% stake and Jiangxi Copper Corporation with an 18.00% stake[6]. Other Financial Metrics - The company reported non-recurring gains of CNY 4,955,883.01, primarily from government subsidies and the reversal of impairment provisions[5]. - The weighted average return on equity improved to 0.73%, up by 0.25 percentage points from the previous year[3]. - The company reported a financial expense of CNY -5,810,895.35 in Q1 2025, compared to CNY -8,821,603.55 in Q1 2024, indicating improved financial management[12]. - The company received CNY 874,957.86 in tax refunds during Q1 2025, a decrease from CNY 10.21 million in Q1 2024[16]. - The company experienced a positive impact from foreign exchange fluctuations, with an increase of CNY 611,451.71 in cash and cash equivalents due to exchange rate changes in Q1 2025[17]. Accounting Standards - The company is not applying new accounting standards or interpretations for the first time in 2025[17].
中国瑞林(603257) - 2025 Q1 - 季度财报