福建高速(600033) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 744.14 million, a decrease of 0.41% compared to CNY 747.22 million in the same period last year[3]. - Net profit attributable to shareholders was CNY 246.26 million, reflecting a slight increase of 0.95% from CNY 243.94 million year-on-year[3]. - Basic earnings per share rose to CNY 0.0897, up 0.90% from CNY 0.0889 in the previous year[3]. - Net profit for Q1 2025 was CNY 307.65 million, compared to CNY 310.37 million in Q1 2024, indicating a decrease of about 0.87%[18]. - Earnings per share (EPS) for Q1 2025 was CNY 0.0897, slightly up from CNY 0.0889 in Q1 2024, showing an increase of approximately 0.9%[18]. - The company’s total comprehensive income for Q1 2025 was CNY 391.56 million, compared to CNY 292.53 million in Q1 2024, reflecting an increase of about 33.8%[18]. Cash Flow and Assets - The net cash flow from operating activities increased by 48.62% to CNY 568.16 million, primarily due to an increase in toll revenue[3]. - Cash flow from operating activities for Q1 2025 was CNY 568.16 million, an increase from CNY 382.28 million in Q1 2024, representing a growth of about 48.7%[21]. - The company's current assets reached RMB 3,431,578,441.83, up from RMB 2,933,351,705.28, indicating an increase of about 17%[12]. - The cash and cash equivalents stood at RMB 2,433,131,912.74, up from RMB 1,995,529,098.57, marking a growth of approximately 21.9%[12]. - The total assets at the end of the reporting period were CNY 17.77 billion, representing a 2.80% increase from CNY 17.29 billion at the end of the previous year[3]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 67,386[6]. - The top two shareholders held 55.91% of the total shares, with Fujian Expressway Group holding 38.16% and China Merchants Highway Network Technology holding 17.75%[8]. - The company's equity attributable to shareholders increased by 2.83% to CNY 11.98 billion from CNY 11.65 billion year-on-year[3]. - The company reported a total of 11,982,034,061.07 in equity attributable to shareholders, an increase from 11,651,861,644.45, reflecting a growth of about 2.8%[14]. Investment and Liabilities - The company reported a significant decrease in investment income by 75.88%, mainly due to reduced investment losses from Haixia Insurance[4]. - The total liabilities increased to RMB 3,223,278,985.25 from RMB 3,130,293,972.83, representing a rise of approximately 3%[14]. - The long-term equity investments were reported at RMB 82,989,615.11, down from RMB 84,315,635.44, indicating a decrease of about 1.6%[13]. Other Financial Metrics - The company recognized a government subsidy of CNY 1.60 million, impacting the overall financial performance[7]. - Other comprehensive income after tax for Q1 2025 was CNY 83.91 million, a significant recovery from a loss of CNY 17.84 million in Q1 2024[18]. - The company has reported a significant reduction in investment losses, improving from a loss of CNY 4.38 million in Q1 2024 to a loss of CNY 1.06 million in Q1 2025[17]. - Total operating costs increased to CNY 329.63 million in Q1 2025 from CNY 329.17 million in Q1 2024, reflecting a marginal increase of 0.14%[17]. - The company's inventory decreased slightly to RMB 11,717,097.45 from RMB 12,778,991.18, a decline of approximately 8.3%[12]. - The total non-current assets were RMB 14,341,236,297.25, slightly down from RMB 14,354,916,603.89, a decrease of approximately 0.1%[13]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19].