南网能源(003035) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 reached ¥692,918,407.74, representing a year-on-year increase of 20.35% compared to ¥575,766,774.58 in the same period last year[5]. - Net profit attributable to shareholders was ¥91,343,899.85, a slight increase of 1.65% from ¥89,865,532.23 in the previous year[5]. - The net cash flow from operating activities increased by 57.06%, amounting to ¥310,732,825.89, compared to ¥197,841,935.91 in the same period last year[5]. - Total operating revenue for the current period reached ¥692,918,407.74, an increase of 20.4% compared to ¥575,766,774.58 in the previous period[25]. - Net profit for the current period was ¥105,027,812.98, representing a 10.5% increase from ¥94,855,739.27 in the previous period[25]. - The net profit attributable to the parent company was ¥91,343,899.85, slightly up from ¥89,865,532.23 year-over-year[26]. - Cash flow from operating activities generated ¥719,357,004.97, compared to ¥673,026,026.75 in the previous period, reflecting a growth of 6.9%[28]. Assets and Liabilities - Total assets at the end of the reporting period were ¥21,199,661,258.12, up 2.06% from ¥20,771,416,254.52 at the end of the previous year[5]. - The total assets of the company as of March 31, 2025, amounted to CNY 21,199,661,258.12, an increase from CNY 20,771,416,254.52 at the beginning of the period[22]. - The company's cash and cash equivalents decreased to CNY 972,029,432.64 from CNY 1,195,065,360.01[22]. - The total current liabilities decreased from CNY 560,271,838.42 to CNY 425,311,782.88[22]. - Total liabilities increased to ¥13,695,409,645.82 from ¥13,379,322,469.23, marking a rise of 2.4%[23]. - Non-current liabilities totaled ¥9,009,857,613.67, up from ¥8,450,581,296.80, indicating a growth of 6.6%[23]. - The company's total equity reached ¥7,504,251,612.30, an increase from ¥7,392,093,785.29, reflecting a growth of 1.5%[23]. Cash Flow - The net cash inflow from operating activities was $310,732,825.89, an increase from $197,841,935.91 in the previous period, reflecting a growth of approximately 57%[29]. - Cash outflows from operating activities totaled $424,643,176.45, down from $487,668,061.71, indicating a reduction of about 13%[29]. - The net cash flow from investing activities was -$927,164,783.60, compared to -$383,975,901.31 previously, showing a significant increase in cash outflow[29]. - Cash inflows from financing activities amounted to $896,532,479.63, a decrease from $1,482,257,754.26, representing a decline of approximately 40%[29]. - The net cash flow from financing activities was $387,850,354.01, slightly down from $414,909,282.78, indicating a decrease of about 7%[30]. - The ending cash and cash equivalents balance was $953,880,160.11, down from $1,164,132,664.51, reflecting a decrease of approximately 18%[30]. - The company received $550,000,000.00 related to other financing activities, compared to $800,000,000.00 previously, indicating a decline of 31%[29]. Business Development - The industrial energy-saving business generated approximately ¥37,088,000 in revenue, reflecting a growth of about 26.49% year-on-year[5]. - The company established a digital service company to enhance its business transformation, focusing on digital operation and maintenance services[6]. - The company plans to continue expanding its business and enhancing its service offerings in line with its strategic goals for 2025[6]. - The company has a plan to transform from comprehensive energy to "comprehensive energy + energy conservation and carbon reduction"[19]. Inventory and Investments - The company reported a significant increase in inventory, up 97.29% to ¥33,651,576.09, primarily due to the recovery of biomass resource utilization projects[11]. - The company's long-term equity investments increased to CNY 719,552,644.24 from CNY 697,381,632.51[22]. - The company’s inventory increased to CNY 33,651,576.09 from CNY 17,056,780.41[22]. - The company’s fixed assets increased to CNY 13,314,371,123.43 from CNY 13,116,664,755.16[22]. - Investment income decreased by 58.70% to ¥11,701,581.02, attributed to the absence of significant gains from the previous year[14]. Research and Development - Research and development expenses for the current period were ¥2,351,655.31, compared to ¥1,168,512.27 in the previous period, showing a significant increase of 100.4%[25]. Shareholding - The company plans to increase its shareholding through its wholly-owned subsidiary, with a planned investment between CNY 150 million and CNY 300 million, representing up to 2% of the total share capital[19]. - As of April 28, 2025, the total shares held by the parent company and its subsidiary amounted to 153,979.53 million shares, accounting for 40.65% of the total share capital[20]. Earnings Per Share - The company reported a basic and diluted earnings per share of ¥0.02, consistent with the previous period[26].