XMPD(000905)2025-04-29 11:55Financial Performance - The company's operating revenue for Q1 2025 was ¥4,327,915,607.88, a decrease of 31.65% compared to ¥6,331,945,081.84 in the same period last year[3] - Net profit attributable to shareholders was ¥63,093,138.52, down 18.46% from ¥77,374,446.09 year-on-year[3] - The net profit excluding non-recurring gains and losses increased by 171.10% to ¥60,621,336.03 from ¥22,361,625.51 in the previous year[3] - The net profit for the current period is 71,990,141.17, a decrease of 21.7% compared to 91,944,612.44 in the previous period[16] - The total profit for the current period is 106,120,305.60, down from 122,015,945.19, reflecting a decline of 13.0%[16] - The operating profit for the current period is 101,652,292.54, which is a decrease of 16.6% from 121,897,544.76 in the previous period[16] - Basic earnings per share decreased to 0.0851 from 0.1043, reflecting a decline of 18.4%[17] - The total comprehensive income for the current period is 70,132,252.08, down from 91,817,241.00, indicating a decrease of 23.5%[17] Cash Flow and Assets - The net cash flow from operating activities improved by 55.54%, reaching -¥328,978,963.88 compared to -¥739,966,044.97 in the same period last year[3] - Cash flow from investment activities generated a net inflow of 744,902,829.28, significantly up from 11,228,078.97 in the previous period[19] - Cash and cash equivalents increased to CNY 941,562,990.00 from CNY 455,199,810.25, representing a growth of 106.5%[11] - The cash and cash equivalents at the end of the period amount to 864,930,287.90, an increase from 401,178,811.26 in the previous period[19] - Total current assets reached CNY 6,338,639,253.14, an increase of 5.9% from CNY 5,986,727,336.28 at the beginning of the period[12] - Total assets at the end of the reporting period were ¥13,327,513,387.00, reflecting a 2.21% increase from ¥13,039,430,227.06 at the end of the previous year[3] - Total assets amounted to CNY 13,327,513,387.00, up from CNY 13,039,430,227.06, indicating a growth of 2.2%[13] Liabilities and Shareholder Information - Short-term borrowings rose significantly to CNY 849,394,453.03 from CNY 187,124,077.78, reflecting an increase of 354.5%[13] - Non-current liabilities totaled CNY 1,573,672,911.49, slightly up from CNY 1,566,247,298.68, indicating a marginal increase of 0.8%[13] - The total number of ordinary shareholders at the end of the reporting period was 48,279[8] - Xiamen International Port Co., Ltd. remains the controlling shareholder with a 52.16% stake[8] Market Conditions and Strategic Initiatives - The decline in revenue was primarily due to weak market demand in port trade and a decrease in the prices of certain bulk commodities[6] - The company reported a government subsidy of ¥2,513,129.06 related to its normal business operations[4] - The company is actively progressing on a major asset restructuring plan to acquire controlling interest in Xiamen Container Terminal Group Co., Ltd.[9] - The company plans to issue shares and raise matching funds from no more than 35 qualified investors as part of the asset acquisition[9] - The company reported a net profit margin decline due to increased operational costs and reduced revenue, necessitating strategic adjustments moving forward[15]