Financial Performance - The company's operating revenue for Q1 2025 reached ¥25,935,464,215.71, representing a 36.81% increase compared to ¥18,957,270,097.61 in the same period last year[8] - Net profit attributable to shareholders was ¥1,026,208,555.63, a 46.62% increase from ¥699,890,621.07 year-on-year[8] - The basic earnings per share increased by 53.85% to ¥0.20 from ¥0.13 in the previous year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,030,372,641.13, a 45.19% increase year-on-year[8] - Net profit for Q1 2025 was ¥1,460716,873.99, representing a 38.3% increase compared to ¥1,055,609,970.74 in Q1 2024[20] - The net profit attributable to the parent company's shareholders for the current period is CNY 1,026,208,555.63, an increase of 46.7% compared to CNY 699,890,621.07 in the previous period[21] - The total comprehensive income for the current period is CNY 1,211,715,433.51, an increase of 8.2% from CNY 1,120,152,501.24 in the previous period[21] Cash Flow - The net cash flow from operating activities was ¥2,526,194,197.91, reflecting a 45.65% increase compared to ¥1,734,404,533.56 in the same period last year[8] - Cash inflows from operating activities totaled CNY 45,314,990,785.54, a 41.0% increase from CNY 32,118,104,047.03 in the previous year[23] - The cash and cash equivalents at the end of the period are CNY 8,891,883,164.01, down from CNY 10,377,269,164.15 at the end of the previous year[24] - Cash outflows from investing activities amounted to CNY 11,761,379,066.71, an increase of 73.8% from CNY 6,765,241,886.23 in the previous year[24] - The net cash flow from investing activities is CNY 3,675,228,071.19, a significant improvement from a negative CNY 4,895,139,673.33 in the previous year[24] - The total cash inflow from financing activities is CNY 10,042,289,376.87, compared to CNY 18,456,986,015.28 in the previous year, reflecting a decrease of 45.4%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥164,179,836,377.99, a 2.19% increase from ¥160,659,954,188.36 at the end of the previous year[9] - Total liabilities increased to ¥104,466,861,874.35 from ¥102,089,931,926.77, reflecting a growth of 2.3%[19] - Non-current assets totaled ¥133,062,789,684.99, up from ¥131,958,705,005.54, indicating a growth of 0.8%[19] - The total assets amounted to CNY 92.29 billion, slightly down from CNY 92.99 billion in the previous period[27] - The total liabilities decreased to CNY 57.30 billion from CNY 58.13 billion, indicating a reduction of 1.4%[27] Shareholder Information - As of March 31, 2025, the total number of common shareholders is 126,251[13] - Shandong Gold Group Co., Ltd. holds 1,620,569,251 shares, representing 36.23% of the total share capital[13] - The top ten shareholders include several state-owned entities, indicating a strong government influence in the ownership structure[14] Production and Sales - The company's self-produced gold for Q1 2025 is 11,870.60 kg, a decrease of 0.31% year-on-year, while sales increased by 7.98% to 10,991.51 kg[15] - The increase in revenue and profit was primarily driven by higher sales prices of self-produced and purchased gold[12] Research and Development - Research and development expenses for Q1 2025 were ¥98,424,400.90, a slight increase from ¥94,528,426.40 in Q1 2024[20] - Research and development expenses for Q1 2025 were CNY 21.82 million, down from CNY 26.58 million in Q1 2024, reflecting a decrease of 18.0%[29] Other Financial Information - The company has not conducted an audit for the financial report for this quarter[7] - The company has pledged 130,000,000 shares as collateral for a private placement of exchangeable bonds[14] - The company will implement new accounting standards starting from 2025, which may affect the financial statements[34]
山东黄金(01787) - 2025 Q1 - 季度业绩