SAL(SH:603970)2025-04-28 08:05Financial Performance - The company's operating revenue for Q1 2025 was CNY 2,532,148,049.31, representing a year-on-year increase of 5.62% compared to CNY 2,397,490,584.10 in the same period last year[3] - The net profit attributable to shareholders of the listed company decreased by 5.10% to CNY 53,936,654.66 from CNY 56,835,448.06 in the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 50,507,288.68, down 6.55% from CNY 54,048,074.83 year-on-year[3] - The basic earnings per share for the period was CNY 0.2007, a decrease of 5.06% compared to CNY 0.2114 in the same period last year[3] - The diluted earnings per share also stood at CNY 0.2007, reflecting a 5.06% decline from the previous year[3] - Net profit for Q1 2025 was ¥59,010,897.88, a decrease of 6.4% from ¥63,026,922.86 in Q1 2024[17] - Earnings per share for Q1 2025 were ¥0.2007, down from ¥0.2114 in Q1 2024[18] Assets and Liabilities - The company's total assets increased by 27.45% to CNY 7,140,206,593.52 from CNY 5,602,253,258.06 at the end of the previous year[4] - The company's current assets totaled ¥6,887,944,967.70, up from ¥5,353,355,557.46, indicating an increase of about 28.7%[11] - Accounts receivable rose significantly to ¥2,278,910,193.16 from ¥1,472,052,100.51, reflecting an increase of approximately 54.7%[10] - Inventory increased to ¥2,662,122,969.12, compared to ¥1,573,274,085.46, marking a growth of around 69.5%[11] - The total liabilities of the company reached ¥5,398,834,431.35, up from ¥3,919,565,784.09, which is an increase of about 37.7%[13] - The company's short-term borrowings increased to ¥718,520,747.02 from ¥628,482,348.09, showing a rise of approximately 14.3%[12] - Total cash inflow from investment activities was $1.74 billion, up from $1.01 billion, representing a significant increase of about 72%[22] - Net cash flow from investment activities was $501.37 million, compared to $199.57 million, indicating a growth of approximately 151%[22] Cash Flow - The net cash flow from operating activities was negative at CNY -645,780,630.42, an improvement from CNY -698,997,933.99 in the same period last year[3] - Cash inflow from operating activities in Q1 2025 was ¥2,060,997,031.26, slightly down from ¥2,076,742,543.57 in Q1 2024[21] - Cash paid for purchasing goods and services in Q1 2025 was ¥2,555,332,471.71, compared to ¥2,643,621,303.85 in Q1 2024[21] - Cash inflow from financing activities totaled $325 million, down from $602 million, reflecting a decrease of about 46%[22] - Net cash flow from financing activities was $81.55 million, a decline from $290.49 million, representing a decrease of approximately 72%[22] - The net increase in cash and cash equivalents was -$64.78 million, compared to -$211.17 million, showing an improvement of about 69%[23] - The ending balance of cash and cash equivalents was $321.85 million, down from $338.99 million, indicating a decrease of approximately 5%[23] Shareholder Equity - The equity attributable to shareholders of the listed company rose by 3.53% to CNY 1,574,153,747.87 from CNY 1,520,445,416.61 at the end of the previous year[4] - The total equity remained stable at ¥268,800,134.00, unchanged from the previous period[13] - The total equity attributable to shareholders increased to ¥1,574,153,747.87 from ¥1,520,445,416.61[14] Research and Development - Research and development expenses for Q1 2025 totaled ¥14,163,425.20, an increase from ¥13,560,719.92 in Q1 2024[16] Other Information - The company has not disclosed any new product developments or market expansion strategies during the reporting period[9] - There were no changes in the top 10 shareholders or their shareholding status due to securities lending activities[9] - The company reported non-recurring gains of CNY 3,429,365.98 after accounting for tax and minority interests[6] - The company plans to implement new accounting standards starting in 2025, which may affect the financial statements[23]