FAWAY(600742)2025-04-28 14:05Financial Performance - The company's operating revenue for Q1 2025 was ¥4,758,392,413.82, representing a 5.65% increase compared to ¥4,503,924,165.93 in the same period last year[5] - Net profit attributable to shareholders was ¥98,997,675.43, up by 5.27% from ¥94,045,819.40 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥84,150,570.55, reflecting a 12.67% increase from ¥74,686,240.93 in the previous year[5] - Basic and diluted earnings per share were both ¥0.1332, an increase of 5.21% from ¥0.1266 in the previous year[5] - Operating profit for Q1 2025 was ¥164,764,845.61, compared to ¥142,548,835.34 in Q1 2024, representing a growth of 15.6%[19] - Net profit for Q1 2025 was ¥156,053,258.82, an increase of 30.0% from ¥120,234,850.36 in Q1 2024[20] - Earnings per share for Q1 2025 were ¥0.1332, compared to ¥0.1266 in Q1 2024, indicating a growth of 5.2%[20] Cash Flow - The company's cash flow from operating activities decreased by 11.92%, amounting to ¥221,129,215.57 compared to ¥251,045,300.94 in the same period last year[5] - The net cash flow from operating activities in Q1 2025 was 251.05 million in Q1 2024, indicating a decrease of approximately 11.9%[23] - The cash inflow from operating activities was approximately 4.35 billion in Q1 2024, representing a growth of about 6.7%[23] - The company received cash from the sale of goods and services amounting to approximately 4.33 billion in Q1 2024, reflecting a growth of about 6.7%[23] - The cash received from other operating activities was approximately 24.36 million in Q1 2024, indicating an increase of about 17.5%[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥23,263,997,694.35, a slight increase of 0.51% from ¥23,145,778,396.45 at the end of the previous year[5] - Total current assets reached ¥16.41 billion, up from ¥16.20 billion in the previous period[15] - Total liabilities increased to ¥13,131,903,875.75 from ¥13,099,192,079.02, reflecting a marginal rise[17] - Long-term equity investments stood at ¥1.15 billion, slightly down from ¥1.16 billion[15] Shareholder Information - Total shareholders at the end of the reporting period reached 29,851[11] - The largest shareholder, Jilin Province Yadong State-owned Capital Investment Co., Ltd., holds 112,779,921 shares, accounting for 15.18% of total shares[11] - Shareholders' equity attributable to the parent company was ¥8,568,666,506.95, up by 0.32% from ¥8,541,755,837.71 at the end of the previous year[5] Operating Costs and Expenses - The company's operating costs increased by 5.20%, primarily due to the rise in production and sales volume[8] - Total operating costs for Q1 2025 were ¥4,641,846,704.65, up from ¥4,448,218,415.42 in Q1 2024, reflecting a year-over-year increase of 4.4%[19] - Research and development expenses decreased by 16.43%, attributed to the progress of R&D projects and reduced material procurement[9] - The company reported a decrease in research and development expenses to ¥141,111,941.34 from ¥168,854,060.82 in Q1 2024, a reduction of 16.5%[19] - Financial expenses surged by 111.06%, mainly due to decreased interest income from changes in interest rates and interest calculation methods[9] Inventory and Receivables - Accounts receivable increased to ¥3.39 billion from ¥3.81 billion, indicating a decrease in receivables[15] - Inventory decreased to ¥437.81 million from ¥476.33 million, reflecting improved inventory management[15] - The company reported a decrease in trading financial assets from ¥420 million to ¥300 million[15] Strategic Initiatives - The company is focusing on market expansion and new product development as part of its strategic initiatives moving forward[21] - There are no significant reminders or additional important information regarding the company's operational situation during the reporting period[13] - The company has no significant changes in the top 10 shareholders or their participation in margin trading[12]