Financial Performance - The company's operating revenue for Q1 2025 was CNY 19,051,478,805, a decrease of 10.67% compared to CNY 21,327,718,918 in the same period last year[7] - Net profit attributable to shareholders increased by 20.51% to CNY 1,810,438,616 from CNY 1,502,318,719 year-on-year[7] - Basic and diluted earnings per share rose by 20.54% to CNY 0.34 from CNY 0.28 in the previous year[7] - Net profit for Q1 2025 reached RMB 1.78 billion, an increase of 19.33% from RMB 1.49 billion in Q1 2024[20] - The company reported a total profit of RMB 2.32 billion for Q1 2025, up 20.92% from RMB 1.92 billion in Q1 2024[20] Cash Flow and Liquidity - The net cash flow from operating activities surged by 214.92% to CNY 502,573,548, primarily due to a decrease in procurement costs of raw materials[10] - Cash flow from operating activities for Q1 2025 was RMB 502.57 million, significantly up from RMB 159.59 million in Q1 2024[21] - Cash inflow from investment activities in Q1 2025 totaled RMB 7.93 billion, an increase from RMB 5.71 billion in Q1 2024[21] - Net cash flow from financing activities was negative at approximately -¥747.84 million, contrasting with a positive net cash flow of ¥580.43 million previously[22] - The company experienced a net decrease in cash and cash equivalents of approximately -¥502.70 million, compared to -¥103.79 million in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 254,734,648,958, reflecting a slight increase of 0.04% from CNY 254,635,243,900 at the end of the previous year[7] - The total liabilities decreased to RMB 52,127,134,396 from RMB 54,257,807,200, a reduction of approximately 3.93%[17] - Total non-current assets reached RMB 164,355,534,399, up from RMB 160,873,209,606, marking an increase of about 2.93%[16] - The company's cash and cash equivalents were RMB 63,948,787,201, down from RMB 70,229,347,994, indicating a decrease of about 9.14%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 209,238[11] - The largest shareholder, Anhui Conch Group Co., Ltd., held 36.40% of the shares, totaling 1,928,870,014 shares[11] - The equity attributable to shareholders increased by 1.21% to CNY 190,205,296,702 from CNY 187,940,358,985 at the end of the last fiscal year[7] Expenses and Investments - Research and development expenses for Q1 2025 were RMB 175.46 million, slightly down from RMB 185.76 million in Q1 2024[19] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets was approximately ¥2.38 billion, a decrease from ¥2.97 billion[22] - Cash outflow from investment activities totaled approximately ¥8.19 billion, compared to ¥6.56 billion in the previous period[22] Other Financial Metrics - Non-recurring gains and losses totaled CNY 147,809,041 during the reporting period[8] - The company had a weighted average return on equity of 0.96%, an increase of 0.15 percentage points from 0.81% in the previous year[7] - Other comprehensive income after tax for Q1 2025 was RMB 284.19 million, compared to a loss of RMB 102.09 million in Q1 2024[20] - The company achieved an investment income of RMB 70.39 million in Q1 2025, a significant increase from RMB 20.55 million in Q1 2024[19] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may involve adjustments to the financial statements[22]
海螺水泥(00914) - 2025 Q1 - 季度业绩