Financial Performance - The company's operating revenue for Q1 2025 was RMB 7,558,000,324, representing a 4.77% increase compared to RMB 7,214,073,753 in the same period last year[6]. - Net profit attributable to shareholders increased by 84.86% to RMB 3,015,845,560 from RMB 1,631,459,083 year-on-year[6]. - The net profit excluding non-recurring gains and losses also rose by 85.06% to RMB 3,021,125,943 compared to RMB 1,632,526,324 in the previous year[6]. - Basic and diluted earnings per share increased by 108.33% to RMB 0.25 from RMB 0.12 in the same period last year[6]. - Total operating income for Q1 2025 was CNY 7.56 billion, up 4.8% from CNY 7.21 billion in Q1 2024[38]. - Net profit for Q1 2025 reached CNY 3.02 billion, a significant increase of 84.7% compared to CNY 1.63 billion in Q1 2024[38][39]. - Total comprehensive income for Q1 2025 was approximately CNY 1.74 billion, a decrease of 31.6% compared to CNY 2.54 billion in Q1 2024[40]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 749,980,342,362, a 1.70% increase from RMB 737,470,691,458 at the end of the previous year[9]. - Total liabilities increased to CNY 607.75 billion as of March 31, 2025, compared to CNY 596.97 billion as of December 31, 2024, marking an increase of approximately 1.3%[34]. - Total liabilities as of March 31, 2025, amounted to ¥512,186,330,151.12, slightly up from ¥510,205,709,946.22 as of December 31, 2024[48]. - Total assets increased to CNY 749.98 billion as of March 31, 2025, from CNY 737.47 billion as of December 31, 2024, reflecting a growth of approximately 1.9%[33][36]. Cash Flow - The net cash flow from operating activities decreased significantly by 91.04% to RMB 7,379,071,396 from RMB 82,344,456,666 in the previous year[6]. - The company reported a net cash flow from operating activities of -¥125,417,327.51 for Q1 2025, a decrease from ¥86,476,388,358.25 in Q1 2024[57]. - Cash inflow from investment activities in Q1 2025 totaled CNY 13.56 billion, significantly higher than CNY 810.31 million in Q1 2024[43]. - The company received CNY 7.40 billion from issuing bonds in Q1 2025, compared to CNY 12.00 billion in Q1 2024, indicating a decrease of 38.3%[43]. - The company reported a net increase in cash from operating activities of CNY 19.71 billion in Q1 2025, down from CNY 116.48 billion in Q1 2024[42]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 177,197, with 176,605 A-share shareholders and 592 H-share registered shareholders[22]. - The largest shareholder, China Galaxy Financial Holdings Co., Ltd., holds 47.43% of shares, totaling 5,186,538,364 shares[24]. - The second-largest shareholder, Hong Kong Central Clearing Limited, holds 33.74% of shares, totaling 3,689,040,986 shares[24]. Income and Expenses - The company’s operating expenses decreased to CNY 4.07 billion in Q1 2025 from CNY 5.43 billion in Q1 2024, a reduction of about 25.1%[39]. - Interest and commission income for Q1 2025 was CNY 7.31 billion, compared to CNY 6.89 billion in Q1 2024, reflecting a growth of 20.6%[42]. - The company’s total operating expenses for Q1 2025 were ¥2,093,978,522.72, up from ¥1,669,246,798.48 in Q1 2024[51]. Other Financial Metrics - The weighted average return on equity improved by 1.14 percentage points to 2.44% from 1.30% year-on-year[6]. - The liquidity coverage ratio improved to 386.12% from 376.07% year-on-year, indicating better liquidity management[11]. - The company reported a significant increase in asset disposal gains by 293.11% to ¥807,929.59 from ¥205,524.99, due to higher proceeds from non-current asset disposals[21]. - Other comprehensive income after tax showed a decline of 241.04%, resulting in a loss of ¥1,280,184,297.62 compared to a gain of ¥907,702,448.56, influenced by changes in the fair value of other debt investments[21].
中国银河(06881) - 2025 Q1 - 季度业绩