上海电气(601727) - 2025 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2025 reached CNY 22,245,441 thousand, an increase of 8.06% compared to CNY 20,586,986 thousand in the same period last year[4] - Net profit attributable to shareholders of the listed company was CNY 292,299 thousand, a significant increase of 145.69% from CNY 32,009 thousand in the previous year[4] - Basic earnings per share rose to CNY 0.0188, reflecting a growth of 147.37% from CNY 0.0021 in the same period last year[5] - Operating profit for Q1 2025 was CNY 926,999 thousand, up from CNY 888,946 thousand in Q1 2024, reflecting a growth of 4.0%[19] - Net profit attributable to shareholders of the parent company for Q1 2025 was CNY 292,299 thousand, significantly higher than CNY 118,972 thousand in Q1 2024, marking a growth of 146.0%[20] - The company reported a total comprehensive income of CNY 716,343 thousand in Q1 2025, up from CNY 495,996 thousand in Q1 2024, representing a growth of 44.4%[20] Cash Flow and Assets - The net cash flow from operating activities was CNY -3,870,138 thousand, an improvement from CNY -6,932,238 thousand in the same period last year[5] - The company reported a net cash flow from operating activities of -CNY 3,870,138 thousand in Q1 2025, an improvement from -CNY 6,937,684 thousand in Q1 2024[22] - Cash inflow from operating activities totaled CNY 30,759,197 thousand in Q1 2025, compared to CNY 28,965,234 thousand in Q1 2024, indicating a growth of 6.2%[22] - Total current assets as of March 31, 2025, amount to 201,168,901 thousand RMB, a decrease from 203,788,781 thousand RMB as of December 31, 2024[15] - Cash and cash equivalents increased to 36,897,223 thousand RMB from 32,569,013 thousand RMB[15] - Total assets at the end of the reporting period were CNY 300,474,116 thousand, a slight decrease of 0.67% from CNY 302,504,988 thousand at the end of the previous year[5] - Total liabilities decreased to CNY 222,382,244 thousand in Q1 2025 from CNY 225,124,669 thousand in Q1 2024, a reduction of approximately 1.6%[19] - Total current liabilities decreased to 188,248,463 thousand RMB from 190,491,614 thousand RMB[16] Investments and 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[5] - Cash outflow from investment activities totaled $5,836,439, compared to $2,941,247 previously, reflecting increased investment[23] - The company did not receive any cash from issuing bonds in the current period, while it received $1,499,190 in the previous period[23] - The cash inflow from subsidiary investments was $11,520, which is a new entry compared to the previous period[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 754,930[11] - Shanghai Electric Holding Group Co., Ltd. holds 6,400,435,385 shares, accounting for 41.08% of total shares[11] - The company has a total of 313,642,000 H shares, representing 2.01% of the total issued share capital[12] - The company has not reported any significant changes in the shareholding structure or participation in margin financing activities[12] Research and Development - The company has committed to ongoing research and development of new products and technologies to enhance market competitiveness[5] - Research and development expenses for Q1 2025 were CNY 1,035,816 thousand, slightly increasing from CNY 1,014,255 thousand in Q1 2024[19] Accounting Standards - The company will not apply new accounting standards starting from 2025[24]