氯碱化工(600618) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,732,953,071.88, a decrease of 16.44% compared to CNY 2,073,847,141.93 in the same period last year[4] - Net profit attributable to shareholders was CNY 231,564,694.50, representing an increase of 9.45% from CNY 211,574,868.71 year-on-year[4] - Basic earnings per share increased to CNY 0.2002, up 9.40% from CNY 0.1830 in the same period last year[4] - The company's net profit margin for Q1 2025 was approximately 14.5%, compared to 12.2% in Q1 2024[17] - The net profit for the first quarter of 2025 was CNY 231,472,288.19, an increase of 6.0% compared to CNY 218,204,618.90 in the first quarter of 2024[18] - The basic and diluted earnings per share for the first quarter of 2025 were CNY 0.2002, up from CNY 0.1830 in the same period last year, representing a growth of 10.0%[18] - The total comprehensive income for the first quarter of 2025 was CNY 169,312,284.43, down from CNY 214,628,305.46 in the same quarter of 2024, a decrease of 21.1%[18] Cash Flow and Investments - The net cash flow from operating activities was negative CNY 448,724,676.14, a significant decline of 1,453.49% compared to a positive CNY 33,153,201.49 in the previous year[4] - Total cash inflow from operating activities decreased to CNY 1,513,757,914.96 in Q1 2025, down from CNY 1,864,537,690.16 in Q1 2024, reflecting a decrease of 18.8%[20] - Cash outflow from operating activities increased to CNY 1,962,482,591.10 in Q1 2025, compared to CNY 1,831,384,488.67 in Q1 2024, marking an increase of 7.1%[20] - The net cash flow from investing activities was -CNY 654,528,846.94 in Q1 2025, compared to -CNY 151,448,982.00 in Q1 2024, indicating a larger cash outflow[21] - Cash inflow from financing activities in Q1 2025 was CNY 822,363,942.08, significantly higher than CNY 250,000,000.00 in Q1 2024, showing an increase of 228.9%[21] - The company's cash and cash equivalents at the end of Q1 2025 were CNY 1,945,435,471.63, down from CNY 3,417,583,716.47 at the end of Q1 2024, a decrease of 43.1%[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,871,760,182.60, a slight increase of 0.56% from CNY 11,805,481,793.20 at the end of the previous year[5] - Total assets as of March 31, 2025, were CNY 11,871,760,182.60, a slight increase from CNY 11,805,481,793.20 at the end of 2024[15] - Total liabilities decreased to CNY 2,953,463,555.06 from CNY 3,122,324,292.25, a reduction of 5.4%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 76,304[9] - The largest shareholder, Shanghai Huayi Holdings Group Co., Ltd., held 46.59% of the shares, totaling 538,805,647 shares[9] Operational Highlights - The decrease in operating revenue was primarily due to a reduction in sales volume of polyvinyl chloride and caustic soda products compared to the same period last year[7] - Total operating revenue for Q1 2025 was CNY 1,732,953,071.88, a decrease of 16.4% compared to CNY 2,073,847,141.93 in Q1 2024[17] - Total operating costs for Q1 2025 were CNY 1,530,428,132.26, down 17.5% from CNY 1,854,405,164.99 in Q1 2024[17] - Operating profit for Q1 2025 was CNY 251,632,514.62, slightly down by 1.6% from CNY 254,048,952.12 in Q1 2024[17] - The company reported a significant increase in R&D expenses to CNY 56,649,139.90, up from CNY 70,559,175.89 in Q1 2024[17]