CEA(SH:600115)2025-04-29 11:40Financial Performance - The company's operating revenue for Q1 2025 was RMB 33,406 million, a slight increase of 0.65% compared to RMB 33,189 million in the same period last year[3] - The net profit attributable to shareholders was a loss of RMB 995 million, compared to a loss of RMB 803 million in the previous year, indicating a worsening performance[3] - Net loss for Q1 2025 was RMB 1,130 million, compared to a net loss of RMB 931 million in Q1 2024, representing a 21.4% increase in losses[21] - The weighted average return on net assets was -2.49%, a decrease of 0.5 percentage points from -1.99% in the previous year[3] - The company reported a basic and diluted earnings per share of RMB -0.04 for Q1 2025, unchanged from Q1 2024[23] Cash Flow - The net cash flow from operating activities decreased significantly by 49.56%, from RMB 4,738 million to RMB 2,390 million[3] - Cash flow from operating activities for Q1 2025 was RMB 2,390 million, down 49.5% from RMB 4,738 million in Q1 2024[25] - Net cash flow from investing activities was -$951 million, an improvement from -$3,674 million in the previous period[27] - Net cash flow from financing activities was $1,076 million, a significant recovery from -$8,075 million in the prior period[27] - The company reported a net increase in cash and cash equivalents of $2,513 million, contrasting with a decrease of $7,012 million in the prior period[27] Assets and Liabilities - Total assets increased by 3.14% to RMB 285,299 million from RMB 276,600 million at the end of the previous year[3] - Total current assets increased to RMB 22,627 million as of March 31, 2025, up 18.5% from RMB 19,103 million as of December 31, 2024[15] - Total liabilities amounted to RMB 244,907 million as of March 31, 2025, up 4.0% from RMB 235,191 million as of December 31, 2024[17] - Cash and cash equivalents increased to RMB 6,646 million as of March 31, 2025, compared to RMB 4,133 million as of December 31, 2024[15] Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 174,429[6] - The company has initiated a share repurchase program, planning to buy back between RMB 2.5 billion and RMB 5 billion worth of shares over a one-year period[11] - By March 31, 2025, the company had repurchased a total of 89.88 million shares, with a total transaction amount of approximately RMB 202 million for A shares and HKD 92 million for H shares[11] Operating Costs - Total operating costs for Q1 2025 were RMB 36,441 million, up 2.74% from RMB 35,467 million in Q1 2024[21] Investment Activities - The company received $400 million from investment contributions, compared to $0 in the previous period[27] - The company’s long-term investments in equity were RMB 2,743 million as of March 31, 2025, slightly up from RMB 2,730 million as of December 31, 2024[15] Other Financial Metrics - The company reported non-recurring gains and losses totaling RMB 117 million for the period, after accounting for tax and minority interests[5] - Cash inflow from financing activities totaled $38,099 million, compared to $16,300 million last year[27] - Cash outflow for debt repayment was $31,324 million, an increase from $18,741 million last year[27] - Cash outflow for dividends and interest payments was $906 million, down from $1,196 million last year[27] - The impact of exchange rate changes on cash and cash equivalents was a decrease of $2 million, slightly worse than the previous decrease of $1 million[27]