苏盐井神(603299) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥1,267,762,905.47, a decrease of 8.68% compared to ¥1,388,280,493.01 in the same period last year[4] - Net profit attributable to shareholders was ¥161,516,522.43, down 28.80% from ¥226,846,968.38 year-on-year[4] - The net profit after deducting non-recurring gains and losses decreased by 32.24%, amounting to ¥145,338,647.03 compared to ¥214,496,990.94 in the previous year[4] - Basic earnings per share were ¥0.2066, down 29.87% from ¥0.2946 year-on-year[5] - Net profit for Q1 2025 was ¥164,844,408.12, a decline of 28.0% from ¥228,852,997.65 in Q1 2024[19] - Earnings per share for Q1 2025 was ¥0.2066, compared to ¥0.2946 in Q1 2024, reflecting a decrease of 29.9%[19] Cash Flow - The net cash flow from operating activities was ¥50,361,348.98, reflecting a significant decline of 88.37% from ¥432,997,978.92 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was ¥50,361,348.98, significantly lower than ¥432,997,978.92 in Q1 2024[21] - The company reported a cash outflow from operating activities totaling ¥1,184,631,813.17 in Q1 2025, compared to ¥1,192,546,403.10 in Q1 2024, indicating a slight decrease[21] - Net cash flow from investment activities was -129,526,245.31, compared to 251,772,750.07 in the previous period[22] - Cash inflow from financing activities totaled 957,260,650.06, an increase from 455,581,774.65 in the prior period[22] - Net cash flow from financing activities was 525,967,613.19, up from 244,708,377.67 year-over-year[22] - The ending balance of cash and cash equivalents was 2,997,391,469.18, compared to 3,967,793,441.53 at the end of the previous period[22] - Cash and cash equivalents increased by 446,816,923.12 during the period[22] Assets and Liabilities - Total assets at the end of the reporting period increased by 7.72% to ¥10,574,731,127.33 from ¥9,816,683,641.17 at the end of the previous year[5] - The total liabilities increased to ¥3,936,815,110.93 in Q1 2025 from ¥3,359,859,580.78 in Q1 2024, indicating a growth of 17.1%[18] - Total equity attributable to shareholders increased to ¥6,231,137,047.66 in Q1 2025 from ¥6,053,372,977.34 in Q1 2024, reflecting a growth of 2.9%[18] - Short-term borrowings surged to CNY 635,091,166.67 from CNY 265,410,763.89, representing an increase of about 139%[14] - Accounts payable increased to CNY 945,068,540.11 from CNY 898,706,774.46, which is an increase of approximately 5%[14] - The company reported a significant increase in other payables, rising to CNY 362,356,561.21 from CNY 300,420,542.36, marking a growth of around 21%[14] Sales and Revenue - The decrease in net profit was primarily due to a decline in sales prices of major products and reduced operating profits compared to the same period last year[7] - The company reported a decrease in sales revenue from customers, with cash received from sales at ¥1,121,526,934.37, down 25.8% from ¥1,509,076,716.88 in Q1 2024[21] Research and Development - Research and development expenses for Q1 2025 were ¥36,108,586.08, slightly down from ¥37,572,421.75 in Q1 2024[18] - The company has no significant new product launches or technological developments reported in the current period[11] Other Financial Metrics - The weighted average return on equity decreased by 1.38 percentage points to 2.6296% from 4.0105% year-on-year[5] - Non-recurring gains and losses amounted to ¥16,177,875.40 after tax, with significant contributions from government subsidies totaling ¥19,073,754.02[6] - Total operating costs for Q1 2025 were ¥1,095,037,146.83, down 2.9% from ¥1,127,218,169.81 in Q1 2024[18] - Cash and cash equivalents rose to CNY 3,073,021,130.51, up from CNY 2,606,087,688.82, representing an increase of about 18%[13] - Accounts receivable increased significantly to CNY 365,015,311.01 from CNY 216,990,671.35, marking a growth of approximately 68%[13] - Inventory levels slightly increased to CNY 458,762,970.67 from CNY 451,764,408.07, showing a growth of about 2%[13] - Total non-current assets reached CNY 5,924,930,843.57, up from CNY 5,809,455,599.77, indicating an increase of around 2%[14] - The total assets of the company amounted to CNY 10,574,731,127.33, compared to CNY 9,816,683,641.17, reflecting an overall growth of approximately 8%[14]