鼎胜新材(603876) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 reached ¥6,456,621,490.63, representing a 26.08% increase compared to ¥5,120,850,993.85 in the same period last year[4] - Net profit attributable to shareholders was ¥85,274,953.93, a significant increase of 179.93% from ¥30,463,258.17 year-on-year[4] - The basic earnings per share rose to ¥0.10, reflecting a 233.33% increase compared to ¥0.03 in the previous year[5] - The net profit for the current period is 85,944,607.90, compared to 30,545,062.64 in the previous period, representing an increase of approximately 181.5%[19] - Total operating revenue for the current period is 6,288,777,514.71, up from 5,011,546,639.94, indicating a growth of about 25.5%[19] - The company reported a total comprehensive income of 105,175,202.91, compared to 23,422,570.43 in the previous period, marking an increase of about 348.5%[19] - Basic and diluted earnings per share for the current period are both 0.10, compared to 0.03 in the previous period, representing a growth of 233.3%[19] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥25,350,600,090.36, marking a 6.04% increase from ¥23,906,382,945.78 at the end of the previous year[5] - Current assets as of March 31, 2025, totaled RMB 16,888,492,299.62, up from RMB 15,409,256,517.09 at the end of 2024, reflecting a growth of 9.6%[13] - Total liabilities increased to RMB 18,345,315,166.99 from RMB 17,226,348,817.15, representing a growth of 6.5%[15] - Shareholders' equity rose to RMB 7,005,284,923.37, up from RMB 6,680,034,128.63, reflecting an increase of 4.9%[15] - The company’s total assets reached RMB 25,350,600,090.36, up from RMB 23,906,382,945.78, reflecting a growth of 6.0%[15] - The company’s total liabilities decreased to 1,262,486,616.93 from 3,587,916,421.06 in the previous period, indicating a reduction of approximately 64.8%[23] Cash Flow and Investments - The net cash flow from operating activities was reported at -¥335,367,088.90, an improvement from -¥546,884,610.34 in the same period last year[4] - The company experienced a decrease in investment income, reporting a loss of -34,993,845.68 compared to -41,489,890.54 in the previous period, showing an improvement[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,946[9] - The largest shareholder, Hangzhou Dingsheng Industrial Group Co., Ltd., holds 27.15% of the shares, amounting to 249,667,740 shares[10] Operational Metrics - The company attributed the significant increase in net profit to higher production and sales volumes[7] - The company reported non-recurring gains of ¥9,835,629.31 for the period, primarily from government subsidies and asset disposals[6] - Research and development expenses increased to 305,701,256.42 from 226,428,043.03, reflecting a rise of approximately 35%[19] - The total operating costs increased to 6,288,777,514.71 from 5,011,546,639.94, which is an increase of approximately 25.5%[19] Cash and Inventory - Cash and cash equivalents increased to RMB 5,848,614,383.46 from RMB 5,428,045,998.84, marking a rise of 7.7%[13] - Inventory levels rose to RMB 4,885,700,444.68, compared to RMB 4,484,150,242.78, indicating an increase of 8.9%[13] - Cash and cash equivalents at the end of the period stand at 713,087,553.50, down from 790,559,362.06[23] Accounts Receivable and Borrowings - The company reported a significant increase in accounts receivable, which reached RMB 3,929,676,048.38, up from RMB 3,536,581,481.98, a growth of 11.1%[13] - The company’s short-term borrowings increased to RMB 3,807,458,746.63 from RMB 3,584,172,273.33, an increase of 6.2%[14] - Non-current assets totaled RMB 8,462,107,790.74, slightly down from RMB 8,497,126,428.69, indicating a decrease of 0.4%[14]