Sun Cable(SZ:002300)2025-04-29 08:35Financial Performance - The company's revenue for Q1 2025 was ¥2,507,978,194.59, representing a decrease of 10.52% compared to ¥2,802,763,187.57 in the same period last year[5] - Net profit attributable to shareholders was ¥20,945,994.38, down 25.14% from ¥27,980,048.80 year-on-year[5] - Basic earnings per share decreased by 25.06% to ¥0.0290 from ¥0.0387 in the same period last year[5] - Net profit for the period was ¥14,137,941.74, down from ¥25,580,512.02, indicating a decline of approximately 44.1% year-over-year[19] - The net profit attributable to the parent company was ¥20,945,994.38, compared to ¥27,980,048.80, a decrease of around 25.2% year-over-year[19] Cash Flow - The net cash flow from operating activities improved by 36.97%, amounting to -¥104,766,345.57 compared to -¥166,208,563.01 in the previous year[5] - Cash generated from operating activities was ¥2,797,557,165.10, down from ¥3,042,330,525.96, a decrease of approximately 8.0% year-over-year[20] - The cash inflow from operating activities decreased by 8.21% to ¥2,810,113,604.90 from ¥3,061,371,380.87 year-on-year[9] - Cash outflow for purchasing goods and services was $2.75 billion, down from $3.05 billion[21] - Cash flow from investing activities was -$72.00 million, compared to -$88.29 million in the previous period[21] Assets and Liabilities - Total assets increased by 1.69% to ¥6,293,915,539.18 from ¥6,189,159,135.56 at the end of the previous year[5] - Total current liabilities amounted to ¥3,249,511,815.98, an increase from ¥2,984,456,054.12, reflecting a growth of approximately 8.9%[18] - Total liabilities increased to ¥3,980,598,347.78 from ¥3,896,016,005.96, reflecting a growth of approximately 2.2%[18] - Non-current liabilities decreased to ¥731,086,531.80 from ¥911,559,951.84, a reduction of about 19.8% year-over-year[18] - The company has seen a 975.43% increase in current liabilities due within one year, amounting to ¥240,574,434.11 compared to ¥22,370,026.49 at the beginning of the year[8] Shareholder Information - Total number of common shareholders at the end of the reporting period is 58,745[11] - The largest shareholder, Fuzhou Taishun Industrial Co., Ltd., holds 22.31% of shares, totaling 161,136,963 shares[11] - The company has no preferred shareholders or significant changes in shareholder financing activities[13] Investment and Income - The company reported a significant increase in investment income of 52.31%, reaching ¥1,555,645.98 compared to ¥1,021,399.87 in the previous year[8] - The company recorded a 2179.30% increase in other operating income, totaling ¥120,224.68 compared to ¥5,274.64 in the previous year[8] Current Assets - Total current assets amount to 3,690,093,952.52 RMB, an increase from 3,610,337,983.61 RMB at the beginning of the period[14] - Cash and cash equivalents decreased to 632,993,803.50 RMB from 684,256,413.89 RMB[14] - Accounts receivable decreased to 1,496,821,931.82 RMB from 1,616,247,936.38 RMB[14] - Inventory increased significantly to 1,127,333,175.60 RMB from 911,668,595.62 RMB[14] - Short-term borrowings increased to 1,591,126,440.98 RMB from 1,461,067,718.93 RMB[14] - Long-term equity investments increased to 26,845,679.10 RMB from 21,774,313.46 RMB[14] Operating Costs - Total operating revenue decreased to ¥2,507,978,194.59 from ¥2,802,763,187.57, representing a decline of approximately 10.5% year-over-year[18] - Total operating costs decreased to ¥2,509,176,589.86 from ¥2,768,907,667.63, a reduction of about 9.4% year-over-year[18]