JXGNCL(000899)2025-04-28 12:15Financial Performance - The company's operating revenue for Q1 2025 was ¥1,469,805,368.37, a decrease of 13.23% compared to ¥1,694,000,760.36 in the same period last year[5] - Net profit attributable to shareholders was ¥192,979,669.51, down 5.19% from ¥203,541,065.16 year-on-year[5] - Total operating revenue for the current period is CNY 1,469,805,368.37, a decrease of 13.27% from CNY 1,694,000,760.36 in the previous period[18] - Net profit for the current period is CNY 187,258,002.33, a decline of 7.66% compared to CNY 202,097,600.33 in the previous period[19] - Basic earnings per share decreased to 0.1978 from 0.2086, a decline of 4.0%[19] - The company recorded investment income of CNY 34,004,581.60, down from CNY 40,571,483.97, a decrease of 16.3%[19] Cash Flow and Liquidity - The net cash flow from operating activities increased by 35.52% to ¥606,448,326.77, compared to ¥447,492,640.28 in the previous year[5] - The company's cash and cash equivalents increased by 98.49% to ¥621,299,603.18, primarily due to retained operating cash flow[10] - Cash and cash equivalents at the end of the period reached CNY 593,682,014.53, an increase from CNY 306,666,050.90 in the previous period[21] - The company's financing activities generated a net cash flow of ¥707,596,461.77, a significant increase of 718.46% compared to ¥86,454,517.69 in the previous year[10] - The total cash inflow from financing activities was CNY 1,460,338,260.76, an increase from CNY 1,005,499,300.09 in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period reached ¥18,209,457,560.43, reflecting a 4.64% increase from ¥17,402,453,958.87 at the end of the previous year[5] - Total liabilities rose to ¥12,090,852,766.16 from ¥11,477,844,446.25, an increase of approximately 5.3%[17] - The company's long-term borrowings decreased to ¥7,281,178,484.11 from ¥8,301,550,286.29, a reduction of about 12.3%[17] - The company's short-term borrowings decreased to ¥546,401,292.82 from ¥643,593,047.47, a decline of approximately 14.9%[17] - The company's total current liabilities increased to ¥4,226,561,057.87 from ¥2,607,603,871.20, reflecting a growth of about 62.0%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 55,969[11] - The largest shareholder, Jiangxi Investment Group Co., Ltd., holds a 37.78% stake in the company[11] Operational Metrics - The weighted average return on equity decreased by 0.54 percentage points to 3.30% from 3.84% year-on-year[5] - The company's construction in progress rose by 12.30% to ¥3,999,743,005.68, mainly due to increased investments in photovoltaic projects[10] - Accounts receivable decreased to ¥614,489,269.51 from ¥761,959,879.03, a decline of about 19.4%[16] - Inventory decreased to ¥330,093,522.78 from ¥411,663,016.12, reflecting a reduction of approximately 19.7%[16] - The company reported a significant increase in other current assets to ¥629,526,117.83 from ¥523,951,741.23, representing a growth of approximately 20.2%[16] Costs and Expenses - Total operating costs decreased to CNY 1,317,290,032.25, down 14.14% from CNY 1,533,755,968.52[18] - Research and development expenses for the current period were CNY 12,798,270.60, an increase of 7.57% from CNY 11,895,139.18[18] Reporting and Compliance - The first quarter report is unaudited[22] - The new accounting standards will be implemented starting in 2025[22] - The board meeting of Jiangxi Ganneng Co., Ltd. was held on April 28, 2025[23]