SD(SH:600626)2025-04-28 12:20Financial Performance - The company's operating revenue for Q1 2025 was ¥2,439,622,339.41, a decrease of 15.79% compared to ¥2,897,175,306.70 in the same period last year[5] - The net profit attributable to shareholders was -¥52,306,440.72, compared to -¥10,330,133.55 in the previous year, indicating a significant increase in losses[5] - The net cash flow from operating activities was -¥174,712,301.17, worsening from -¥57,842,582.77 in the same period last year[5] - Basic and diluted earnings per share were both -¥0.0396, compared to -¥0.0078 in the previous year, reflecting increased losses[5] - The weighted average return on net assets was -1.65%, down from -0.32% in the same period last year[6] - Net profit for Q1 2025 was a loss of ¥47,909,832.14, compared to a loss of ¥1,971,100.06 in Q1 2024, indicating a significant decline in profitability[18] - The company experienced a financial expense of ¥78,015,750.58 in Q1 2025, compared to a financial income of -¥12,980,770.84 in Q1 2024, indicating a shift in financial performance[17] - The total comprehensive income for Q1 2025 was a loss of ¥16,200,486.94, contrasting with a gain of ¥27,172,349.64 in Q1 2024[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥10,209,550,326.00, a slight decrease of 0.24% from ¥10,234,367,753.33 at the end of the previous year[6] - The equity attributable to shareholders was ¥3,166,241,075.85, down 0.66% from ¥3,187,333,480.06 at the end of the previous year[6] - The total liabilities amounted to ¥6,699,953,332.57 as of the latest reporting period, slightly down from ¥6,708,570,272.96[15] - The total assets decreased to CNY 10,209,550,326.00 from CNY 10,234,367,753.33, a reduction of approximately 0.2%[14] - The total non-current assets were reported at CNY 5,160,137,221.63, slightly down from CNY 5,182,546,764.95[14] - Short-term borrowings increased to CNY 1,244,701,952.39 from CNY 1,202,372,736.50, representing an increase of about 3.5%[14] - The accounts payable decreased to CNY 1,593,785,109.93 from CNY 1,726,526,046.87, reflecting a decline of approximately 7.7%[14] Cash Flow - In Q1 2025, the cash inflow from operating activities was approximately $2.72 billion, a decrease of 19.7% compared to $3.39 billion in Q1 2024[20] - The net cash outflow from operating activities in Q1 2025 was approximately -$174.71 million, worsening from -$57.84 million in Q1 2024[20] - The net cash flow from investing activities in Q1 2025 was approximately -$92.09 million, compared to -$74.71 million in Q1 2024, indicating increased investment outflows[21] - Cash inflow from financing activities in Q1 2025 was approximately $315.78 million, down from $439.20 million in Q1 2024, reflecting a decrease of 28.2%[21] - The net cash outflow from financing activities in Q1 2025 was approximately -$46.68 million, an improvement from -$683.73 million in Q1 2024[21] - The ending cash and cash equivalents balance for Q1 2025 was approximately $1.58 billion, an increase from $1.30 billion in Q1 2024[21] - The total cash outflow for operating activities in Q1 2025 was approximately $2.89 billion, down from $3.44 billion in Q1 2024[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,501[10] - Total equity attributable to shareholders was ¥3,166,241,075.85, a slight decrease from ¥3,187,333,480.06 in the previous year[15] Government Support and R&D - The company received government subsidies totaling ¥1,997,916.62, which are closely related to its normal business operations[7] - Research and development expenses for Q1 2025 were ¥28,467,622.82, down from ¥33,198,200.22 in Q1 2024, showing a reduction of 14.5%[17] Market Activity - The company has not reported any significant new product developments or market expansions during this period[12] - There are no updates on mergers or acquisitions mentioned in the conference call[12]