Financial Performance - Total operating revenue for Q1 2025 reached RMB 22,245,441 thousand, an increase of 8.06% compared to RMB 20,586,986 thousand in the same period last year[8] - Net profit attributable to shareholders of the listed company was RMB 292,299 thousand, a significant increase of 145.69% from RMB 32,009 thousand year-on-year[8] - Basic earnings per share rose to RMB 0.0188, reflecting a 147.37% increase from RMB 0.0021 in the previous year[8] - Operating profit for Q1 2025 was 926,999 thousand RMB, up from 888,946 thousand RMB in Q1 2024, reflecting a growth of 4.9%[20] - The company reported a total comprehensive income of 716,343 thousand RMB for Q1 2025, up from 495,996 thousand RMB in Q1 2024, representing a growth of 44.4%[20] - The company reported a net profit excluding non-recurring items of RMB 205,498 thousand, compared to a loss of RMB 119,582 thousand in the same period last year[8] Assets and Liabilities - Total assets as of March 31, 2025, were RMB 300,474,116 thousand, a decrease of 0.67% from RMB 302,504,988 thousand at the end of the previous year[8] - The total assets of the company amounted to 300,474,116 thousand RMB, slightly down from 302,504,988 thousand RMB in the previous period[17] - Total liabilities decreased to 222,382,244 thousand RMB from 225,124,669 thousand RMB, indicating a reduction of approximately 1.64%[17] - Non-current assets totaled 99,305,215 thousand RMB, a slight increase from 98,716,207 thousand RMB in the previous period[17] - The company’s total equity rose to 78,091,872 thousand RMB from 77,380,319 thousand RMB, indicating a growth of 0.92%[17] Cash Flow - Cash flow from operating activities showed a net outflow of RMB 3,870,138 thousand, an improvement from RMB 6,932,238 thousand in the same period last year[8] - In Q1 2025, cash inflow from operating activities totaled CNY 30,759,197 thousand, an increase from CNY 28,965,234 thousand in Q1 2024, representing a growth of approximately 6.2%[24] - Cash outflow from operating activities in Q1 2025 was CNY 34,629,335 thousand, slightly down from CNY 35,902,918 thousand in Q1 2024, indicating a decrease of about 3.5%[24] - The net cash flow from operating activities for Q1 2025 was -CNY 3,870,138 thousand, an improvement compared to -CNY 6,937,684 thousand in Q1 2024[24] - Cash inflow from investment activities in Q1 2025 was CNY 2,912,244 thousand, down from CNY 3,770,615 thousand in Q1 2024, a decline of approximately 22.7%[25] - Cash outflow from investment activities in Q1 2025 was CNY 5,836,439 thousand, significantly higher than CNY 2,941,247 thousand in Q1 2024, representing an increase of about 98.5%[25] - The net cash flow from investment activities for Q1 2025 was -CNY 2,924,195 thousand, contrasting with a positive net cash flow of CNY 829,368 thousand in Q1 2024[25] - Cash inflow from financing activities in Q1 2025 was CNY 5,583,169 thousand, a decrease from CNY 6,258,630 thousand in Q1 2024, reflecting a decline of approximately 10.8%[25] - The net cash flow from financing activities for Q1 2025 was CNY 435,182 thousand, down from CNY 1,426,398 thousand in Q1 2024, indicating a decrease of about 69.5%[25] - The ending cash and cash equivalents balance for Q1 2025 was CNY 29,832,052 thousand, down from CNY 33,705,655 thousand in Q1 2024, a reduction of approximately 11.5%[25] - The company reported a cash flow impact from exchange rate changes of CNY 14,684 thousand in Q1 2025, compared to -CNY 3,239 thousand in Q1 2024, showing a positive shift[25] Research and Development - Research and development expenses for Q1 2025 were 1,035,816 thousand RMB, compared to 1,014,255 thousand RMB in Q1 2024, showing a slight increase of 2.1%[19] Acquisitions - The company completed the acquisition of 100% equity in Shanghai Ningsheng Industrial Co., Ltd., which required retrospective adjustments to the financial data for Q1 2024[10] Non-recurring Items - Non-recurring gains and losses totaled RMB 86,801 thousand, with significant contributions from government subsidies and asset disposals[12]
上海电气(02727) - 2025 Q1 - 季度业绩