三一重能(688349) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 2,187,174, representing a year-on-year increase of 26.58% compared to CNY 1,727,911 in the same period last year[5] - The net profit attributable to shareholders of the listed company was a loss of CNY 191,256, a decrease of 171.96% from a profit of CNY 265,775 in the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 219,137, down 192.51% from CNY 236,880 in the same period last year[5] - The company experienced a significant decline in net profit due to slower progress in wind farm sales during the reporting period[9] - Net profit for Q1 2025 was a loss of RMB 191,256 thousand, compared to a profit of RMB 265,775 thousand in Q1 2024, representing a significant decline[20] - The basic earnings per share for Q1 2025 was -0.1580 yuan, compared to 0.2220 yuan in Q1 2024[20] Cash Flow and Investments - The net cash flow from operating activities was CNY 169,108, a significant improvement from a negative cash flow of CNY 1,461,727 in the previous year[5] - Cash flow from operating activities generated RMB 169,108 thousand, a recovery from a negative cash flow of RMB -1,461,727 thousand in Q1 2024[23] - Total cash outflow from investing activities was RMB 3,320,645 thousand in Q1 2025, compared to RMB 1,687,774 thousand in Q1 2024, indicating increased investment activity[24] - The company experienced a net cash outflow of RMB 154,410 thousand from financing activities in Q1 2025, contrasting with a net inflow of RMB 1,021,957 thousand in Q1 2024[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 41,820,758, an increase of 1.01% from CNY 41,403,310 at the end of the previous year[6] - The company's current assets totaled RMB 29,541,327 thousand, slightly up from RMB 29,406,463 thousand, indicating a marginal increase of about 0.46%[15] - Total liabilities rose to RMB 28,236,302 thousand from RMB 27,679,633 thousand, which is an increase of about 2%[17] - The company's equity attributable to shareholders decreased to RMB 13,584,453 thousand from RMB 13,723,674 thousand, reflecting a decline of approximately 1%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,309[10] - The largest shareholder, Liang Wengen, holds 560,874,900 shares, accounting for 45.73% of the total shares[11] - The company reported a total of 9,689,671 shares in its repurchase account, accounting for 0.79% of the total share capital[12] Research and Development - Research and development expenses totaled CNY 164,509, accounting for 7.52% of operating revenue, down from 10.84% in the previous year[6] - Research and development expenses for Q1 2025 were RMB 164,509 thousand, a decrease of 12.2% from RMB 187,300 thousand in Q1 2024[19] Inventory and Receivables - The company's inventory increased significantly to RMB 7,000,399 thousand from RMB 5,160,936 thousand, marking an increase of around 35.5%[15] - The accounts receivable decreased to RMB 2,920,327 thousand from RMB 4,724,353 thousand, indicating a significant reduction of about 38%[15] Other Financial Metrics - The weighted average return on net assets was -1.40%, a decrease of 3.48 percentage points from 2.08% in the previous year[6] - The company reported an investment loss of RMB 37,432 thousand in Q1 2025, a significant drop from a gain of RMB 394,986 thousand in Q1 2024[19] - Total operating costs increased to RMB 2,546,655 thousand, up 38.3% from RMB 1,843,428 thousand in the same period last year[19] - Long-term equity investments increased to RMB 1,328,963 thousand from RMB 1,296,617 thousand, showing a growth of approximately 2.5%[16] - The company's contract liabilities rose to RMB 6,779,145 thousand from RMB 6,122,880 thousand, indicating an increase of about 10.7%[17]