wsdl(SH:600995)2025-04-28 14:10Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,556,753,233.53, representing a 17.52% increase compared to CNY 1,324,702,887.93 in the same period last year[4] - Net profit attributable to shareholders increased by 31.10% to CNY 373,992,065.83 from CNY 285,270,229.18 year-on-year[4] - Basic and diluted earnings per share rose by 33.33% to CNY 0.12 from CNY 0.09 in the previous year[4] - The company reported a net profit excluding non-recurring gains and losses of CNY 376,338,160.28, a 29.55% increase from CNY 290,491,620.40 in the same period last year[4] - Net profit for Q1 2025 was ¥454,901,199.20, representing a 29% increase from ¥352,595,013.62 in Q1 2024[19] - Earnings per share for Q1 2025 were ¥0.12, compared to ¥0.09 in Q1 2024, reflecting a 33.3% increase[19] Cash Flow - The net cash flow from operating activities was CNY 889,731,518.11, an increase of 13.83% compared to CNY 781,636,062.63 in the same period last year[4] - In Q1 2025, the company generated operating cash inflow of CNY 2,245,123,645.79, a significant increase from CNY 1,162,830,585.98 in Q1 2024, representing an increase of approximately 93%[35] - The net cash flow from operating activities reached CNY 2,043,741,142.10 in Q1 2025, compared to only CNY 23,498,132.17 in Q1 2024, indicating a substantial improvement[35] - Cash and cash equivalents at the end of Q1 2025 totaled CNY 5,778,060,043.62, up from CNY 1,239,598,061.71 at the end of Q1 2024, marking an increase of approximately 366%[36] - The company received CNY 1,000,000,000.00 related to financing activities in Q1 2025, contributing to a net cash inflow of CNY 973,412,329.36 from financing activities[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 53,048,453,435.05, up 5.12% from CNY 50,466,641,140.52 at the end of the previous year[5] - The company's total liabilities decreased from RMB 3,047,217,927.88 to RMB 2,667,456,432.67, a reduction of approximately 12.5%[14] - Total liabilities as of the latest reporting period were ¥27,631,499,335.34, an increase of 8.3% from ¥25,520,994,048.89[15] - Total equity reached ¥25,416,954,099.71, up from ¥24,945,647,091.63, indicating a growth of 1.9%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 43,572[8] - The largest shareholder, China Southern Power Grid Co., Ltd., holds 65.3% of the shares, totaling 2,086,904,162 shares[9] - As of April 25, 2025, the company’s major shareholder, South Grid Capital, increased its holdings by 6,967,100 shares, representing 0.22% of the total share capital, with an investment of RMB 66.09 million[12] Investment and R&D - The company reported a significant increase in R&D expenses, which rose to ¥5,146,385.55 in Q1 2025 from ¥153,016.61 in Q1 2024[18] - The company plans to utilize between RMB 200 million and RMB 400 million for share repurchases through its wholly-owned subsidiary within a six-month period starting from April 9, 2025[11] - The company paid CNY 1,000,000,000.00 in cash related to investment activities, indicating a strategic focus on growth and expansion[35] Inventory and Receivables - The company reported an increase in accounts receivable from RMB 447,396,159.53 to RMB 574,710,610.18, reflecting a growth of approximately 28.5%[13] - The inventory level rose slightly from RMB 228,304,822.98 to RMB 235,275,245.76, indicating an increase of about 3.5%[14]