金晶科技(600586) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,217,555,740.42, a decrease of 31.40% compared to CNY 1,774,927,287.15 in the same period last year[4] - Net profit attributable to shareholders was CNY 8,521,353.05, down 95.00% from CNY 170,473,366.75 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 4,547,034.36, a decline of 97.25% compared to CNY 165,339,606.33 in the previous year[4] - Basic and diluted earnings per share were both CNY 0.006, representing a decline of 95.01% from CNY 0.1203[4] - The company reported a 31.40% decline in operating revenue, attributed to the price drop of float glass, photovoltaic glass, and soda ash[8] - Net profit for Q1 2025 was ¥11,015,237.42, a significant decline of 93.6% from ¥171,421,757.85 in Q1 2024[20] - Earnings per share for Q1 2025 was ¥0.0060, compared to ¥0.1203 in Q1 2024, reflecting a decrease of 95.0%[21] - The company reported a total comprehensive income of ¥12,251,680.09 for Q1 2025, down from ¥135,114,464.54 in Q1 2024[21] Cash Flow - The net cash flow from operating activities was CNY 90,000,867.72, a decrease of 73.75% from CNY 342,807,374.88 in the same period last year[4] - Cash inflow from operating activities in Q1 2025 was ¥937,213,337.36, down 31.8% from ¥1,374,128,711.16 in Q1 2024[22] - Cash outflow from operating activities in Q1 2025 was ¥847,212,469.64, a decrease of 17.8% compared to ¥1,031,321,336.28 in Q1 2024[22] - The net cash flow from operating activities was approximately $90 million, compared to $342 million in the previous period, indicating a significant decrease[23] - The net cash flow from investing activities was negative at approximately -$47 million, down from -$128 million, reflecting increased capital expenditures[23] - The net cash flow from financing activities was positive at approximately $79 million, contrasting with a negative cash flow of about -$29 million in the prior period[23] - Cash inflows from financing activities totaled approximately $1.07 billion, while cash outflows were about $994 million, resulting in a net inflow[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,516,235,714.81, an increase of 1.06% from CNY 10,406,172,897.14 at the end of the previous year[5] - Total current assets increased to ¥3,648,258,538.56 from ¥3,396,491,134.70, representing a growth of approximately 7.4%[15] - Total liabilities increased to ¥4,627,635,301.24 from ¥4,529,824,163.66, a rise of about 2.2%[16] - Long-term borrowings increased significantly to ¥908,779,936.74 from ¥701,274,067.77, indicating a growth of approximately 29.6%[16] - The company's total equity attributable to shareholders was ¥5,834,639,553.36, up from ¥5,824,882,443.97[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 94,416[11] - The largest shareholder, Shandong Jinjing Energy-saving Glass Co., Ltd., holds 457,635,278 shares, accounting for 32.03% of total shares[11] Inventory and Receivables - The company experienced a 59.02% decrease in receivables financing, primarily due to a reduction in bill settlements during the period[8] - Inventory increased to ¥1,056,954,309.45 from ¥925,598,701.84, reflecting a growth of approximately 14.2%[15] Other Financial Metrics - The weighted average return on net assets was 0.15%, down 2.73 percentage points from 2.88%[5] - Other comprehensive income after tax for Q1 2025 was ¥1,236,442.67, compared to a loss of ¥36,307,293.31 in Q1 2024[20] - The company recorded non-recurring gains of CNY 3,974,318.69 after accounting for tax effects and minority interests[6] Accounting Standards - The company will not apply new accounting standards starting from 2025, as confirmed in the announcement[24]