恒逸石化(000703) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥27.17 billion, a decrease of 14.18% compared to ¥31.66 billion in the same period last year[6]. - Net profit attributable to shareholders was ¥51.49 million, down 87.55% from ¥413.69 million year-on-year[6]. - Basic earnings per share decreased to ¥0.02, down 83.33% from ¥0.12 in the same period last year[6]. - Total revenue for the current period is ¥27,167,817,451.97, a decrease of 14.4% compared to ¥31,655,506,086.59 in the previous period[27]. - Net profit for the current period is ¥77,585,004.79, a significant decline of 85.3% from ¥528,098,698.27 in the previous period[29]. - The net profit attributable to the parent company is ¥51,494,837.15, down 87.5% from ¥413,692,260.32[29]. Cash Flow - The net cash flow from operating activities was -¥3.84 billion, a decline of 56.37% compared to -¥2.46 billion in the previous year[6]. - The net cash flow from operating activities was -3,839,565,306.66, compared to -2,455,482,450.41 in the previous period, indicating a decline of approximately 56.3%[32]. - Cash inflow from operating activities totaled 28,450,838,499.64, down 17.4% from 34,408,135,655.88 in the previous period[32]. - Cash outflow from operating activities was 32,290,403,806.30, a decrease of 12.5% compared to 36,863,618,106.29 in the previous period[32]. - Cash flow from investment activities showed a net outflow of -1,133,706,208.08, worsening from -193,848,629.75 in the previous period[32]. - Cash inflow from financing activities was 25,206,093,460.47, an increase of 7.6% from 23,420,210,401.43 in the previous period[33]. - The net cash flow from financing activities was 3,285,881,385.44, up 39.2% from 2,357,022,597.47 in the previous period[33]. - The ending balance of cash and cash equivalents was 8,353,667,620.28, compared to 8,246,775,864.77 in the previous period, reflecting a slight increase of 1.3%[33]. - The company received cash from investment income amounting to 120,586,460.57, a marginal increase from 118,138,634.02 in the previous period[32]. - The company paid taxes amounting to 646,093,973.99, which is a significant increase of 66.1% from 389,011,493.97 in the previous period[32]. - The company reported cash outflow for purchasing goods and services at 30,555,606,390.12, down 13.8% from 35,424,182,095.42 in the previous period[32]. Assets and Liabilities - Total assets at the end of the reporting period were ¥111.00 billion, an increase of 3.22% from ¥107.53 billion at the end of the previous year[6]. - Total assets increased to ¥110,996,037,784.48 from ¥107,528,828,060.12, representing a growth of 4.5%[25]. - Total liabilities rose to ¥80,342,854,552.82, up from ¥76,796,720,509.34, indicating an increase of 6.6%[24]. - The company’s cash and cash equivalents at the end of the reporting period amount to ¥12,642,188,741.56, down from ¥13,093,174,547.46 at the beginning of the period, a decrease of approximately 3.45%[21]. - Total current assets increased to ¥37,548,717,018.97 from ¥34,652,584,762.27, representing an increase of about 5.18%[22]. - Inventory at the end of the reporting period is ¥15,668,634,676.51, up from ¥12,407,437,115.10, an increase of approximately 26.25%[22]. - Long-term equity investments stand at ¥13,919,335,011.61, slightly up from ¥13,911,759,800.05[22]. - Fixed assets decreased to ¥42,989,780,992.75 from ¥43,686,606,928.39, a decline of about 1.59%[22]. - Total number of common shareholders at the end of the reporting period is 42,581[16]. - Zhejiang Hengyi Group Co., Ltd. holds 41.09% of shares, totaling 1,506,383,108 shares[16]. - The company has a total of 365,971,089 shares held in the repurchase special account, accounting for 9.98% of the total share capital[18]. - The top 10 shareholders include several investment firms and employee stock ownership plans, indicating a diverse ownership structure[17]. - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending activities[19]. Operating Costs and Expenses - Total operating costs for the current period amount to ¥27,244,794,068.38, down from ¥31,429,186,682.96, reflecting a reduction of 13.3%[27]. - Research and development expenses for the current period are ¥186,716,901.97, slightly up from ¥183,538,764.23, showing a growth of 1.2%[28]. - The company reported a significant increase in derivative financial assets, rising 852.29% to ¥4.56 million due to changes in commodity hedging positions[13]. - The company experienced a 52.04% increase in notes payable, reaching ¥174.75 billion, attributed to the issuance of new notes[14]. - The company’s cash and cash equivalents decreased by 529.18% to -¥170.72 million, reflecting the combined impact of cash flow changes from operating, investing, and financing activities[14].