CHINT ELECTRICS(SH:601877)2025-04-29 10:05Financial Performance - The company's operating revenue for Q1 2025 was CNY 14.56 billion, a decrease of 8.53% compared to CNY 15.92 billion in the same period last year[4]. - Net profit attributable to shareholders increased by 7.65% to CNY 1.16 billion from CNY 1.08 billion year-on-year[4]. - Basic and diluted earnings per share rose to CNY 0.55, up 7.84% from CNY 0.51 in the same period last year[4]. - Total operating revenue for Q1 2025 was ¥14,558,847,305.84, a decrease of 8.5% compared to ¥15,916,617,791.63 in Q1 2024[18]. - Net profit for Q1 2025 reached ¥1,507,573,160.20, an increase of 10.0% from ¥1,370,401,199.12 in Q1 2024[19]. - Earnings per share for Q1 2025 were ¥0.55, compared to ¥0.51 in Q1 2024, reflecting a growth of 7.8%[20]. - The company reported a total comprehensive income of ¥1,352,980,805.10 for Q1 2025, compared to ¥1,308,776,053.83 in Q1 2024, showing an increase of 3.4%[20]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 2.42 billion, a significant improvement from a negative cash flow of CNY 1.17 billion in the previous year[4]. - Operating cash flow for Q1 2025 was ¥2,417,521,087.46, a significant improvement compared to a negative cash flow of ¥-1,170,887,978.88 in Q1 2024[23]. - Total cash inflow from operating activities increased to ¥16,975,252,557.47 in Q1 2025, up from ¥11,802,676,758.89 in Q1 2024, representing a growth of approximately 43.5%[23]. - Cash outflow from operating activities rose to ¥14,557,731,470.01 in Q1 2025, compared to ¥12,973,564,737.77 in Q1 2024, indicating an increase of about 12.2%[24]. - The total cash and cash equivalents at the end of Q1 2025 stood at ¥11,172,236,445.00, down from ¥8,273,190,763.48 in Q1 2024[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 144.96 billion, reflecting a 4.98% increase from CNY 138.08 billion at the end of the previous year[5]. - Current assets totaled RMB 86.25 billion, up from RMB 81.36 billion, indicating a growth of about 6.3%[13]. - Total liabilities increased to ¥93,075,707,868.65 in Q1 2025, up from ¥87,374,552,889.82 in Q1 2024, representing a rise of 6.1%[15]. - The company's total liabilities increased, reflecting ongoing investments and operational expansions[12]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 97,206, with the largest shareholder holding 41.18% of the shares[9]. - The company’s major shareholder, Zhejiang Chint Electric Co., Ltd., holds 53.08% of the shares, indicating strong control over the company[11]. - The company has no participation in margin trading or securities lending activities, ensuring stability in shareholding[11]. Investment and Income - Investment income increased by 66.70%, primarily due to higher dividends from associated companies[7]. - Non-recurring gains and losses amounted to CNY 75.96 million, with government subsidies contributing CNY 71.22 million[6]. - The company reported a 113.67% increase in fair value gains, mainly attributed to the fair value changes of its investment in Zhongkong Technology[7]. - The company received cash from investment income amounting to ¥59,042,154.50 in Q1 2025, compared to ¥14,647,718.99 in Q1 2024, showing a substantial increase[24]. Research and Development - Research and development expenses for Q1 2025 were ¥293,959,092.20, slightly up from ¥275,989,250.98 in Q1 2024, indicating a focus on innovation[19].