Financial Performance - The company's operating revenue for Q1 2025 was RMB 1,610,990,685.11, a decrease of 5.99% compared to RMB 1,713,687,914.24 in the same period last year[7]. - Net profit attributable to shareholders was RMB 420,609,792.74, down 3.07% from RMB 433,950,677.22 year-on-year[7]. - Total revenue for Q1 2025 was approximately ¥1.61 billion, a decrease of 6.0% compared to ¥1.71 billion in Q1 2024[27]. - Net profit for Q1 2025 was approximately ¥445.33 million, slightly up from ¥444.32 million in Q1 2024, indicating a marginal increase of 0.23%[28]. - The company reported a total comprehensive income of approximately ¥393.41 million in Q1 2025, down 13.8% from ¥456.14 million in Q1 2024[30]. - Net profit for Q1 2025 was 281,543,280.58 CNY after tax, compared to 301,781,858.54 CNY in Q1 2024, reflecting a decline of 6.7%[40]. - Total comprehensive income for Q1 2025 was approximately ¥229.62 million, down 26.8% from ¥313.59 million in Q1 2024[41]. Cash Flow - The net cash flow from operating activities decreased by 61.32%, amounting to RMB 280,625,250.79 compared to RMB 725,460,808.36 in the previous year[7]. - Cash flow from operating activities for Q1 2025 was approximately ¥280.63 million, a significant decrease of 61.2% from ¥725.46 million in Q1 2024[32]. - Cash flow from operating activities totaled approximately ¥774.76 million in Q1 2025, down 26.5% from ¥1.05 billion in Q1 2024[42]. - The net cash flow from financing activities was -63,522,339.96 CNY for the first quarter of 2025, compared to -54,223,797.14 CNY in the same period of 2024[34]. - The company reported a significant increase in cash and cash equivalents, with a net increase of 322,489,220.73 CNY in Q1 2025 compared to 1,104,942,341.86 CNY in Q1 2024[34]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 27,934,887,444.83, reflecting a slight increase of 0.20% from RMB 27,880,013,639.48 at the end of the previous year[9]. - The total current assets amounted to RMB 5,194,323,189.40, an increase from RMB 4,975,430,791.18 as of December 31, 2024, representing a growth of approximately 4.4%[21]. - The total non-current assets decreased to RMB 22,740,564,255.43 from RMB 22,904,582,848.30, indicating a decline of about 0.7%[22]. - The total liabilities as of March 31, 2025, were RMB 7,256,251,857.19, down from RMB 7,608,797,848.52, reflecting a reduction of approximately 4.6%[24]. - The total equity increased to RMB 20,678,635,587.64 from RMB 20,271,215,790.96, showing a growth of about 2.0%[25]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 52,167[15]. - The top shareholder, Hebei Port Group Co., Ltd., holds 58.27% of the shares, totaling 3,256,008,078 shares[17]. Other Income and Expenses - Other income rose by 80.31%, mainly due to government subsidies received by the group[13]. - Research and development expenses decreased to approximately ¥14.91 million in Q1 2025 from ¥21.12 million in Q1 2024, a reduction of 29.4%[27]. - The company reported a decrease in other receivables from RMB 167,937,083.02 to RMB 23,258,325.18, indicating a decline of approximately 86.2%[21]. - The company experienced a decrease in tax expenses, reporting approximately ¥86.97 million in Q1 2025 compared to ¥87.04 million in Q1 2024[28].
秦港股份(03369) - 2025 Q1 - 季度业绩