华塑股份(600935) - 2025 Q1 - 季度财报

Company Overview and Key Financial Data This section provides an overview of the company's fundamental situation and key financial performance indicators Core Financial Indicators In Q1 2025, the company's operating revenue slightly decreased by 0.57% to 1.066 billion yuan, while net profit attributable to parent company shareholders expanded its loss to -55.43 million yuan, compared to -40.40 million yuan in the same period last year Q1 2025 Key Accounting Data and Financial Indicators | Item | Current Period | Prior Year Same Period | Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue (Billion Yuan) | 1.066 | 1.072 | -0.57% | | Net Profit Attributable to Listed Company Shareholders (Million Yuan) | -55.43 | -40.40 | Not Applicable | | Net Profit Attributable to Listed Company Shareholders (Excluding Non-recurring Items) (Million Yuan) | -59.00 | -43.01 | Not Applicable | | Net Cash Flow from Operating Activities (Million Yuan) | -194.55 | -349.34 | Not Applicable | | Basic Earnings Per Share (Yuan/Share) | -0.02 | -0.01 | Not Applicable | | Item | End of Current Period | End of Prior Year | Change (%) | | Total Assets (Billion Yuan) | 10.10 | 10.30 | -1.91% | | Owners' Equity Attributable to Listed Company Shareholders (Billion Yuan) | 5.85 | 5.91 | -0.92% | Non-recurring Gains and Losses During the reporting period, the company recorded total non-recurring gains and losses of 3.58 million yuan, primarily comprising government grants and other non-operating income and expenses, which positively impacted current period profit Q1 2025 Non-recurring Gains and Losses Items | Item | Amount (Million Yuan) | | :--- | :--- | | Government Grants Included in Current Profit and Loss | 2.96 | | Other Non-operating Income and Expenses | 0.57 | | Other Profit and Loss Items Meeting the Definition of Non-recurring Gains and Losses | 0.06 | | Less: Income Tax Impact | 0.01 | | Total | 3.58 | Analysis of Key Financial Indicator Changes The company explained the changes in key financial indicators for the current period, with the expanded net profit loss primarily attributed to the cautious recognition of deferred income tax items, and improved operating cash flow due to reduced procurement expenditures - The expanded net loss attributable to shareholders of the listed company is primarily due to the cautious recognition of deferred income tax items for deductible losses and other temporary differences[8] - Net cash flow from operating activities improved year-on-year, mainly due to a decrease in cash paid for goods purchased in the current period[8] Shareholder Information This section details the company's shareholder structure and significant shareholding changes Shareholding Status of Shareholders As of the end of the reporting period, the company had 54,151 shareholders. The top ten shareholders are primarily state-owned legal entities, indicating a relatively concentrated equity structure, with controlling shareholder Huaibei Mining (Group) Co., Ltd. holding 47.12% of shares - As of the end of the reporting period, the company had a total of 54,151 common shareholders[10] Top Three Shareholders' Shareholding Status | Shareholder Name | Shareholder Nature | Shareholding Percentage (%) | | :--- | :--- | :--- | | Huaibei Mining (Group) Co., Ltd. | State-owned Legal Entity | 47.12 | | Anhui Wantou Industrial Investment Co., Ltd. | State-owned Legal Entity | 10.83 | | CCB Financial Asset Investment Co., Ltd. | State-owned Legal Entity | 6.00 | - Among the top ten shareholders, Dingyuan County State-owned Assets Operation Co., Ltd. pledged 84,850,000 of its shares[10] Quarterly Financial Statements This section presents a detailed analysis of the company's consolidated financial statements for the quarter Consolidated Balance Sheet Analysis As of March 31, 2025, the company's total assets were 10.10 billion yuan, total liabilities 4.25 billion yuan, and asset-liability ratio 42.04%, maintaining a stable financial structure Balance Sheet Key Item Changes (Unit: Billion Yuan) | Item | March 31, 2025 | December 31, 2024 | Change | | :--- | :--- | :--- | :--- | | Monetary Funds | 0.39 | 0.65 | -40.3% | | Inventories | 0.44 | 0.24 | +80.9% | | Total Assets | 10.10 | 10.30 | -1.9% | | Total Liabilities | 4.25 | 4.39 | -3.3% | | Owners' Equity Attributable to Parent Company | 5.85 | 5.91 | -0.9% | Consolidated Income Statement Analysis In Q1 2025, the company's revenue remained largely flat year-on-year at 1.066 billion yuan, with a significant asset impairment loss of 73.31 million yuan being the primary reason for the expanded net loss attributable to parent company shareholders Income Statement Key Item Comparison (Unit: Million Yuan) | Item | Q1 2025 | Q1 2024 | Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 1065.67 | 1071.81 | -0.57% | | Operating Cost | 932.62 | 970.96 | -3.95% | | R&D Expenses | 18.41 | 54.47 | -66.20% | | Asset Impairment Loss | -73.31 | -3.25 | -2155.0% | | Net Profit Attributable to Parent Company | -55.43 | -40.40 | Loss expanded | - Asset impairment losses for the current period amounted to 73.31 million yuan, a primary factor contributing to the significant net loss[20] Consolidated Cash Flow Statement Analysis In Q1 2025, net cash flow from operating activities was -195 million yuan, a significant 44.3% improvement from the prior year, while cash outflow from investing activities also narrowed significantly due to decreased payments for long-term assets Cash Flow Statement Key Item Comparison (Unit: Billion Yuan) | Item | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -0.195 | -0.349 | | Net Cash Flow from Investing Activities | -0.097 | -0.354 | | Net Cash Flow from Financing Activities | 0.048 | 0.122 | | Net Increase in Cash and Cash Equivalents | -0.243 | -0.580 | - The improvement in operating cash flow is primarily due to a 148 million yuan year-on-year decrease in cash paid for goods and services[24] - The reduction in cash outflow from investing activities is mainly due to a 258 million yuan year-on-year decrease in cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets[24]