ZHONGJIN GOLD(SH:600489)2025-04-29 12:08Financial Performance - The company's operating revenue for Q1 2025 was CNY 14,859,313,309.95, representing a 12.88% increase compared to CNY 13,164,077,845.22 in the same period last year[5]. - Net profit attributable to shareholders increased by 32.65% to CNY 1,038,462,806.87 from CNY 782,849,375.09 year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses surged by 71.13% to CNY 1,267,732,609.22 compared to CNY 740,782,924.57 in the previous year[5]. - The basic and diluted earnings per share rose by 31.25% to CNY 0.21 from CNY 0.16 in the same quarter last year[5]. - Operating profit for Q1 2025 was ¥1.60 billion, up from ¥1.18 billion in Q1 2024, reflecting a growth of 35.4%[19]. - Net profit for Q1 2025 was ¥1.32 billion, compared to ¥953.82 million in Q1 2024, representing a year-over-year increase of 38.4%[19]. - Basic earnings per share for Q1 2025 were ¥0.21, compared to ¥0.16 in Q1 2024, representing a growth of 31.3%[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 59,932,208,267.86, a 7.72% increase from CNY 55,638,663,702.80 at the end of the previous year[6]. - The company's total assets increased to ¥59.93 billion in the latest reporting period, up from ¥55.64 billion[16]. - Total liabilities rose to ¥26.00 billion, compared to ¥23.07 billion in the previous period, indicating an increase of 12.6%[16]. - Current liabilities totaled ¥17.31 billion, an increase of 14.8% from ¥15.07 billion[16]. - Long-term borrowings increased to ¥7.22 billion, up from ¥6.45 billion, reflecting a growth of 11.9%[16]. Cash Flow - The net cash flow from operating activities was negative at CNY -1,959,998,316.67, a decline of 282.10% compared to CNY 1,076,319,112.36 in the same period last year[5]. - In Q1 2025, the cash inflow from operating activities was CNY 16,546,466,273.40, compared to CNY 15,028,766,317.00 in Q1 2024, representing an increase of approximately 10.1%[22]. - The total cash outflow from operating activities in Q1 2025 was CNY 18,506,464,590.07, compared to CNY 13,952,447,204.64 in Q1 2024, an increase of approximately 32.5%[22]. - Cash inflow from investment activities in Q1 2025 totaled CNY 1,375,289,426.17, up from CNY 951,039,573.64 in Q1 2024, marking an increase of about 44.6%[23]. - The net cash flow from investment activities was -CNY 622,883,071.24 in Q1 2025, compared to -CNY 531,167,558.79 in Q1 2024, indicating a worsening position[23]. - Cash inflow from financing activities in Q1 2025 was CNY 6,762,178,497.58, compared to CNY 4,067,736,993.93 in Q1 2024, reflecting a growth of approximately 66.5%[23]. - The net cash flow from financing activities increased to CNY 2,001,808,309.91 in Q1 2025, up from CNY 719,393,172.09 in Q1 2024[23]. - The ending balance of cash and cash equivalents as of Q1 2025 was CNY 10,205,098,205.86, compared to CNY 9,373,060,067.96 at the end of Q1 2024[23]. - The company reported a decrease in cash and cash equivalents of -CNY 581,143,892.07 in Q1 2025, contrasting with an increase of CNY 1,264,681,356.31 in Q1 2024[23]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 152,699[10]. - The largest shareholder, China National Gold Group Corporation, holds 2,221,816,774 shares, representing 45.84% of total shares[10]. - The second largest shareholder, Guoxin Development Investment Management Co., Ltd., holds 132,028,989 shares, representing 2.72%[10]. - The company has not reported any changes in the participation of major shareholders in margin trading and securities lending[11]. Production and Sales - Gold production for the year-to-date is 4,514.07 kg, an increase of 1.09% compared to the same period last year[12]. - Gold sales for the year-to-date are 4,252.35 kg, an increase of 2.56% compared to the same period last year[12]. - Smelting gold production decreased by 14.02% to 8,480.89 kg year-to-date[12]. Strategic Focus - The company capitalized on rising product prices and implemented cost reduction strategies, leading to significant performance growth[9]. - The company plans to continue focusing on operational efficiency and market expansion to sustain growth momentum in the future[9]. - The company has not disclosed any significant new strategies or product developments during the reporting period[12].