上港集团(600018) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 9,518,353,410.15, representing a 6.34% increase compared to CNY 8,951,113,976.05 in the same period last year[4] - Net profit attributable to shareholders was CNY 3,907,450,687.02, up 5.71% from CNY 3,696,452,941.08 year-on-year[4] - The net profit for Q1 2025 reached CNY 4,230,258,460.07, an increase of 6.3% compared to CNY 3,979,295,050.40 in Q1 2024[16] - Operating revenue from sales of goods and services amounted to CNY 13,918,931,606.60, up from CNY 10,401,856,622.07 in the same period last year, representing a growth of 33.5%[19] - The total comprehensive income for Q1 2025 was CNY 4,403,451,021.51, compared to CNY 3,940,789,615.15 in Q1 2024, reflecting a growth of 11.7%[17] Cash Flow - The net cash flow from operating activities increased by 32.62% to CNY 2,887,380,790.96, compared to CNY 2,177,225,420.62 in the previous year[4] - In Q1 2025, the net cash flow from operating activities was CNY 3,192,318,060.93, an increase of 53.0% compared to CNY 2,088,279,646.72 in Q1 2024[27] - Total cash inflow from operating activities reached CNY 10,501,683,668.06, up 22.7% from CNY 8,565,263,314.96 in the same period last year[27] - The company's cash flow from operating activities reflects strong operational performance and effective cash management strategies[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 216,210,842,989.38, reflecting a 1.96% increase from CNY 212,055,541,073.03 at the end of the previous year[5] - Total liabilities decreased slightly to ¥64,387,819,162.58 from ¥64,646,735,983.43, a decline of 0.4%[13] - The company's total liabilities increased to CNY 47.62 billion in Q1 2025, compared to CNY 45.29 billion in Q1 2024, marking an increase of about 5.1%[23] - The company's current assets totaled ¥50,593,947,778.36 as of March 31, 2025, compared to ¥48,744,038,847.45 at the end of 2024, indicating a growth of 3.5%[12] Shareholders' Equity - Shareholders' equity attributable to shareholders increased by 3.15% to CNY 137,504,730,459.10 from CNY 133,306,892,061.01 at the end of the last year[5] - The total owner's equity rose to CNY 93.08 billion in Q1 2025, compared to CNY 91.34 billion in Q1 2024, reflecting an increase of about 1.9%[23] Earnings Per Share - The diluted earnings per share rose to CNY 0.1681, a 5.59% increase from CNY 0.1592 in the same quarter last year[4] - Basic earnings per share for Q1 2025 were CNY 0.1683, up from CNY 0.1595 in Q1 2024, marking an increase of 4.9%[18] Non-Recurring Gains and Losses - Non-recurring gains and losses totaled CNY 111,862,502.10, with significant contributions from government subsidies and other operating income[6] - The company reported a significant increase in the net profit from deducting non-recurring gains and losses, which rose by 15.32% to CNY 3,795,588,184.92 compared to CNY 3,291,420,578.91 last year[4] Investment Income - The company reported an investment income of CNY 2,254,188,989.87, which is an increase from CNY 1,656,691,307.48 in the previous year, representing a growth of 36.0%[16] - The company's investment income for Q1 2025 was CNY 838.25 million, compared to CNY 732.24 million in Q1 2024, showing an increase of about 14.5%[25] Financial Expenses - The financial expenses for Q1 2025 were CNY 219,668,206.67, compared to CNY 159,934,760.22 in Q1 2024, indicating an increase of 37.3%[16] - The company's financial expenses for Q1 2025 were CNY 170.39 million, up from CNY 139.73 million in Q1 2024, indicating an increase of approximately 22.0%[25] Research and Development - Research and development expenses for Q1 2025 were CNY 243,491.88, significantly lower than CNY 2.67 million in Q1 2024, indicating a decrease of approximately 90.9%[25] Other Information - The company has not disclosed any new product developments, market expansions, or mergers and acquisitions in this report[10] - The company did not execute new accounting standards or interpretations affecting the financial statements for the year[28]