FULING POWER(SH:600452)2025-04-29 12:05Financial Performance - The company's operating revenue for Q1 2025 was ¥708,592,346.85, a decrease of 4.09% compared to ¥738,785,806.64 in the same period last year[3]. - The net profit attributable to shareholders was ¥89,856,979.33, down 16.29% from ¥107,339,258.12 year-on-year[3]. - The operating profit for Q1 2025 was $100.41 million, a decline of 16.7% from $120.66 million in Q1 2024[20]. - The basic earnings per share were ¥0.06, a decline of 14.29% compared to ¥0.10 in the previous year[4]. - The basic and diluted earnings per share for Q1 2025 were both $0.06, compared to $0.07 in Q1 2024[21]. Cash Flow and Assets - The cash flow from operating activities decreased significantly by 70.83%, from ¥268,147,071.09 to ¥78,207,191.83[4]. - The total cash and cash equivalents at the end of Q1 2025 were $999.10 million, down from $2.47 billion at the end of Q1 2024[24]. - The company reported a cash balance of 2,706,984,932.26 RMB as of March 31, 2025, down from 2,751,413,353.49 RMB[15]. - Current assets total 3,398,042,309.22 RMB, compared to 3,319,171,454.75 RMB in the previous period, indicating an increase of approximately 2.38%[16]. - The total assets at the end of the reporting period were ¥6,433,633,313.39, reflecting a decrease of 1.11% from ¥6,505,938,191.52 at the end of the previous year[4]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 33,873[12]. - The largest shareholder, Chongqing Chuan Dong Electric Power Group Co., Ltd., holds 639,942,063 shares, accounting for 41.65% of the total shares[12]. - The company has no significant changes in the top ten shareholders or their shareholding status during the reporting period[13]. - There are no related party transactions or agreements among the top shareholders[13]. Liabilities and Equity - The total liabilities decreased to 1,030,133,641.85 RMB from 1,194,743,587.97 RMB, showing a reduction of approximately 13.76%[17]. - The total equity increased to 5,403,499,671.54 RMB from 5,311,194,603.55 RMB, representing a growth of about 1.73%[17]. Other Financial Metrics - The weighted average return on equity decreased by 0.45 percentage points to 1.68%[4]. - Non-recurring gains and losses totaled ¥4,405,768.37, with significant contributions from asset disposal gains and other non-operating income[8]. - The company reported a significant increase in sales costs, totaling $589.60 million in Q1 2025, compared to $603.34 million in Q1 2024[20]. - The company incurred a financial expense of -$8.28 million in Q1 2025, compared to -$9.47 million in Q1 2024[20]. - The company experienced a net cash outflow from investing activities of -$123.05 million in Q1 2025, compared to -$67.64 million in Q1 2024[24]. - The company reported a 2,004.37% increase in receivables financing, primarily due to the receipt of bank acceptance bills[9]. - The company experienced a 99.21% decrease in other current assets, mainly due to the reclassification of input tax credits[9]. - Investment income increased by 74.57%, attributed to the improved net profit of the associated company, Chongqing Xinjianan Building Materials Co., Ltd.[10].