秦港股份(601326) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,610,990,685.11, a decrease of 5.99% compared to CNY 1,713,687,914.24 in the same period last year[4] - Net profit attributable to shareholders was CNY 420,609,792.74, down 3.07% from CNY 433,950,677.22 year-on-year[4] - Total operating revenue for Q1 2025 was CNY 1,610,990,685.11, a decrease of 6.0% compared to CNY 1,713,687,914.24 in Q1 2024[16] - Net profit for Q1 2025 was CNY 445,334,840.39, slightly up from CNY 444,319,257.60 in Q1 2024, reflecting a growth of 0.2%[16] - Operating profit for Q1 2025 was CNY 531,637,903.94, nearly unchanged from CNY 531,629,096.08 in Q1 2024[17] - The total comprehensive income for the first quarter of 2025 was CNY 393,406,801.98, a decrease from CNY 456,140,809.95 in the same period of 2024, representing a decline of approximately 13.8%[18] - The company's total revenue for Q1 2025 was ¥870,345,972.34, a decrease of 12.3% compared to ¥992,865,874.49 in Q1 2024[30] - Operating profit for Q1 2025 was ¥357,468,705.49, down from ¥378,929,329.19 in Q1 2024, reflecting a decline of 5.6%[31] - Net profit for Q1 2025 was ¥281,543,280.58, compared to ¥301,781,858.54 in Q1 2024, representing a decrease of 6.7%[31] Cash Flow - The net cash flow from operating activities decreased significantly by 61.32%, from CNY 725,460,808.36 to CNY 280,625,250.79[4] - The net cash flow from operating activities for Q1 2025 was CNY 280,625,250.79, down 61.3% from CNY 725,460,808.36 in Q1 2024[21] - Cash inflows from investment activities totaled CNY 323,094,922.41 in Q1 2025, compared to CNY 685,893,209.00 in Q1 2024, indicating a decrease of about 52.9%[22] - The net cash flow from financing activities was -CNY 63,522,339.96 in Q1 2025, worsening from -CNY 54,223,797.14 in Q1 2024[23] - The ending cash and cash equivalents balance as of March 31, 2025, was CNY 2,069,815,428.06, down from CNY 2,794,210,198.12 at the end of 2024[23] - The total operating cash inflows decreased to CNY 1,395,462,864.56 in Q1 2025 from CNY 1,773,319,118.31 in Q1 2024, reflecting a decline of approximately 21.3%[21] - The cash outflows from operating activities increased to CNY 1,114,837,613.77 in Q1 2025, compared to CNY 1,047,858,309.95 in Q1 2024, marking an increase of about 6.4%[21] - Cash inflow from investment activities in Q1 2025 was ¥301,313,676.75, down from ¥669,156,809.00 in Q1 2024, reflecting a decrease of 55.0%[33] - The net cash flow from financing activities was -4,393,835.95, indicating a cash outflow[34] Assets and Liabilities - Total assets at the end of the reporting period increased by 0.20% to CNY 27,934,887,444.83 from CNY 27,880,013,639.48 at the end of the previous year[5] - Total assets as of March 31, 2025, were CNY 27,934,887,444.83, a slight increase from CNY 27,880,013,639.48 at the end of 2024[12] - Total liabilities decreased to CNY 7,256,251,857.19 as of March 31, 2025, down from CNY 7,608,797,848.52 at the end of 2024, a reduction of 4.6%[13] - Total liabilities decreased to ¥1,529,972,680.22 from ¥1,649,450,678.20, a reduction of approximately 7.2%[28] - The company's non-current liabilities increased to ¥421,379,814.95 from ¥395,294,379.71, marking an increase of 6.6%[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 52,167[8] - The largest shareholder, Hebei Port Group Co., Ltd., holds 58.27% of the shares, totaling 3,256,008,078 shares[9] Research and Development - Research and development expenses for Q1 2025 were CNY 14,906,682.99, down 29.3% from CNY 21,117,963.35 in Q1 2024[17] - Research and development expenses for Q1 2025 were ¥12,093,726.27, down from ¥17,397,172.99 in Q1 2024, a decrease of 30.5%[31] Government Subsidies - The company received government subsidies amounting to CNY 3,747,478.96, which are closely related to its normal business operations[6] Cash and Cash Equivalents - The company's cash and cash equivalents increased to CNY 4,492,371,579.69 as of March 31, 2025, compared to CNY 4,280,764,065.06 at the end of 2024, representing a growth of 4.9%[11] - The cash and cash equivalents at the end of the period amounted to 1,252,937,674.69, compared to 975,120,531.75 at the beginning of the period[34] - The net increase in cash and cash equivalents was 277,817,142.94, reflecting a significant inflow[34] - The impact of exchange rate changes on cash and cash equivalents was -209,304.64[34]