中航西飞(000768) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥8,438,423,122.66, a decrease of 0.20% compared to ¥8,455,007,581.63 in the same period last year[4] - Net profit attributable to shareholders increased by 5.97% to ¥288,753,910.09 from ¥272,476,715.96 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses rose by 7.45% to ¥297,850,899.59 compared to ¥277,208,898.11 in the previous year[4] - Total operating revenue for the current period is ¥8,438,423,122.66, a slight decrease of 0.2% from ¥8,455,007,581.63 in the previous period[28] - Net profit for the current period is ¥288,753,910.09, an increase of 5.9% compared to ¥272,476,715.96 from the previous period[29] - Basic earnings per share increased to ¥0.1043 from ¥0.0984, reflecting a growth of 8.0%[30] Cash Flow - Cash flow from operating activities improved significantly, with a net outflow of ¥3,593,304,031.16, a 60.68% reduction from the outflow of ¥9,139,132,943.22 in the same period last year[4] - Operating cash inflow increased by 297.09% year-on-year, totaling approximately ¥6.60 billion, primarily due to higher sales receipts compared to the same period last year[18] - Net cash flow from operating activities improved by 60.68% year-on-year, resulting in a net outflow of approximately ¥3.59 billion[18] - Total cash inflow from operating activities reached 6,602,180,567.17, compared to 1,662,634,192.59 in the prior period, showing a substantial increase[34] - The cash flow from investment activities was -129,188,398.15, an improvement from -445,553,816.17 in the previous period, indicating better management of investment cash flows[34] - The net cash flow from financing activities was -46,495,759.62, compared to -1,328,707,514.09 in the prior period, showing a significant reduction in cash outflow[34] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥74,628,220,163.24, reflecting a 1.11% increase from ¥73,810,707,203.02 at the end of the previous year[4] - Total liabilities increased to ¥53,228,679,994.77 from ¥52,786,498,073.61, representing a rise of 0.8%[27] - The total equity attributable to shareholders increased to ¥21,399,540,168.47 from ¥21,024,209,129.41, reflecting a growth of 1.8%[27] Accounts and Receivables - Accounts receivable increased by 30.84% to ¥16,308,975,558.41 from ¥12,465,115,883.51 at the end of the previous year[11] - Contract assets rose by 60.76% to ¥2,994,560,587.73 compared to ¥1,862,747,674.23 at the end of the previous year[11] - Total current assets as of March 31, 2025, amounted to approximately ¥58.23 billion, compared to ¥57.32 billion at the beginning of the period[25] - Accounts receivable increased to approximately ¥16.31 billion, up from ¥12.47 billion at the beginning of the period[25] Expenses - Research and development expenses decreased by 30.84% to ¥18,785,972.99 from ¥27,164,187.64 in the same period last year[14] - Research and development expenses decreased to ¥18,785,972.99 from ¥27,164,187.64, a reduction of 30.7%[29] - Cash outflow for purchasing goods and services was 6,834,197,413.85, down from 7,517,871,468.73, reflecting a decrease of approximately 9.1%[34] - The cash outflow for employee compensation was 1,684,191,377.86, up from 1,592,844,044.56, indicating an increase of approximately 5.7%[34] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 160,042, with the largest shareholder holding 38.00% of the shares[21] - The largest shareholder, China Aviation Industry Group, holds approximately 1.06 billion shares[21] - No new financing or equity issuance activities were reported during the period[19] Other Income and Losses - Other income surged by 376.65% to ¥21,487,091.93 from ¥4,507,933.82 year-on-year, primarily due to VAT incentives[14] - The company reported an asset impairment loss increase of 430.01% to ¥6,843,504.84 compared to ¥1,291,192.81 in the previous year[14] - The company received 99,626,115.17 in tax refunds, down from 467,022,460.71, indicating a decrease of approximately 78.7%[34] Future Outlook - The company's cash flow statement will be detailed in the upcoming report, providing insights into liquidity and operational efficiency[32]