SDRB(000498)2025-04-28 16:30Financial Performance - The company's operating revenue for Q1 2025 was ¥9,764,372,534.02, representing a year-over-year increase of 1.95% compared to ¥9,565,917,173.91 in Q1 2024[5]. - Net profit attributable to shareholders was ¥249,335,611.32, reflecting a 1.89% increase from ¥244,417,473.56 in the same period last year[5]. - Basic earnings per share increased by 5.05% to ¥0.0977 from ¥0.0930 in the previous year[5]. - Net profit for the current period was ¥304,905,488.20, slightly higher than ¥300,927,703.78 from the previous period, indicating a growth of 1.00%[22]. - Basic earnings per share rose to ¥0.0977 from ¥0.0930, reflecting an increase of 7.52%[22]. Cash Flow - The net cash flow from operating activities improved significantly, with a net outflow of ¥524,870,277.43, an 81.03% reduction compared to a net outflow of ¥2,766,504,807.05 in Q1 2024[5][12]. - Operating cash inflow for the current period was ¥17,591,312,492.79, an increase of 12.0% from ¥15,703,202,989.79 in the previous period[25]. - Cash received from sales of goods and services was ¥13,471,891,406.08, compared to ¥12,955,448,134.00 in the previous period[25]. - Cash paid for goods and services was ¥11,473,449,536.99, down from ¥12,780,484,859.28 in the previous period[25]. - Cash received from other operating activities was ¥4,105,920,595.81, an increase from ¥2,719,589,223.93 in the previous period[25]. - Cash paid to employees was ¥1,421,332,398.89, an increase from ¥1,367,610,860.98 in the previous period[25]. Assets and Liabilities - Total assets at the end of Q1 2025 were ¥163,238,770,892.74, a slight decrease of 0.09% from ¥163,360,746,620.03 at the end of the previous year[5]. - Total current assets amount to ¥115,741,556,885.51, a decrease from ¥117,123,312,109.20 at the beginning of the period[17]. - Total liabilities decreased to ¥127,206,760,899.88 from ¥128,007,014,716.48, showing a reduction of approximately 0.62%[20]. - Non-current assets total ¥66,091,902,090.28, down from ¥69,212,322,657.05[17]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 48,002[14]. - Shandong High-Speed Group holds 49.75% of shares, totaling 776,564,176 shares[14]. - The top ten shareholders include Shandong Railway Development Fund with 6.88% and Shandong High-Speed Investment with 5.93%[14]. - The company has not disclosed any related party transactions among the top shareholders[15]. Investment and Expenses - The company reported a significant increase in prepayments, which rose by 37.12% to ¥1,938,353,545.91, primarily due to new prepayments made during the reporting period[9]. - Contract liabilities increased by 52.93% to ¥2,987,183,994.58, attributed to new prepayments received for ongoing projects[9]. - Research and development expenses were ¥178,331,458.76, down from ¥191,969,505.52, indicating a decrease of 7.13%[21]. - The company reported an investment income of ¥10,664,001.10, compared to ¥12,700,594.22 in the previous period, a decline of 16.09%[22]. Other Financial Metrics - The weighted average return on equity decreased slightly to 0.96% from 1.02% in the previous year[5]. - The company experienced a 453.16% increase in credit impairment losses, amounting to ¥39,071,885.94, due to changes in the aging of receivables[11]. - Total operating costs amounted to ¥9,447,976,156.00, up from ¥9,232,666,140.47, reflecting a year-over-year increase of 2.33%[21]. - Other comprehensive income after tax was reported at -¥7,716,547.77, an improvement from -¥10,582,619.05 in the previous period[22].