Financial Performance - The company's operating revenue for Q1 2025 was RMB 4,712,949,021.97, representing a year-on-year increase of 9.64% compared to RMB 4,298,673,959.40 in the same period last year[11] - Net profit attributable to shareholders for Q1 2025 was RMB 2,307,627,966.26, up 6.97% from RMB 2,157,223,258.83 in the previous year[11] - The company reported a basic earnings per share of RMB 0.25, an increase of 8.70% from RMB 0.23 in the same period last year[11] - The company’s total profit for Q1 2025 was approximately ¥2.49 billion, up from ¥2.27 billion in Q1 2024, reflecting a growth of 9.83%[32] - Net profit for Q1 2025 was RMB 3.24 billion, up 65.3% compared to RMB 1.96 billion in Q1 2024[45] Cash Flow - The net cash flow from operating activities showed a significant decline, amounting to -RMB 37,212,165,996.06, compared to a positive RMB 6,641,509,004.58 in the same period last year, reflecting a decrease of 660.30%[11] - The company reported a net cash outflow from operating activities of approximately ¥37.21 billion in Q1 2025, contrasting with a net inflow of ¥6.64 billion in Q1 2024[35] - The company reported a net decrease of $4.99 billion in cash flow from operating activities, primarily due to increased cash outflows[47] Assets and Liabilities - Total assets at the end of Q1 2025 were RMB 661,287,758,451.72, down 8.30% from RMB 721,160,331,448.06 at the end of the previous year[13] - The total liabilities as of March 31, 2025, are RMB 529,631,899,413.42, down from RMB 590,908,098,061.63 at the end of 2024[29] - Total assets as of March 31, 2025, were RMB 597.38 billion, down from RMB 620.68 billion as of December 31, 2024, a decrease of 3.7%[39] - Total liabilities decreased to RMB 478.14 billion as of March 31, 2025, from RMB 503.80 billion as of December 31, 2024, a reduction of 5.1%[41] Equity and Shareholder Information - The total equity attributable to shareholders as of March 31, 2025, is RMB 131,581,235,192.42, an increase from RMB 130,178,629,442.55[29] - The total number of common shareholders at the end of the reporting period is 149,272[20] - The top 10 shareholders hold a total of 4,000,000,000 shares, representing 46.06% of the total shares[21] Income Sources - The net interest income increased by 75.02% to RMB 208,329,260.97 from RMB 119,032,816.75 in the previous year[19] - The net income from commission and fees rose by 47.66% to RMB 2,518,327,920.74, compared to RMB 1,705,519,588.28 in the same period last year[19] - Investment income surged to RMB 3,310,215,440.67, a significant increase of 1,465.07% from a loss of RMB 242,494,161.71 in the previous year[19] - Interest income decreased to RMB 1.99 billion in Q1 2025 from RMB 2.20 billion in Q1 2024, a decline of 9.8%[44] - The company reported a significant investment income of RMB 3.02 billion in Q1 2025, recovering from a loss of RMB 0.93 billion in Q1 2024[44] Other Comprehensive Income - The company experienced a significant decline in other comprehensive income, reporting a net loss of approximately ¥905.02 million in Q1 2025 compared to a gain of ¥184.19 million in Q1 2024[33] - Other comprehensive income for Q1 2025 showed a net loss of RMB 0.88 billion, compared to a gain of RMB 0.18 billion in Q1 2024[45] Cash and Cash Equivalents - Cash and cash equivalents decreased to RMB 111,243,148,969.80 from RMB 144,322,269,698.32[27] - Cash and cash equivalents at the end of Q1 2025 totaled approximately ¥134.11 billion, compared to ¥115.74 billion at the end of Q1 2024[36] - The company’s cash and cash equivalents increased to RMB 82.51 billion as of March 31, 2025, compared to RMB 79.51 billion at the end of Q1 2024, an increase of 3.8%[39] Risk Management - The risk coverage ratio improved to 254.70% from 239.03% at the end of the previous year, indicating enhanced risk management[15]
招商证券(06099) - 2025 Q1 - 季度业绩