Chengtou Holding(SH:600649)2025-04-29 12:18Financial Performance - The company's operating revenue for Q1 2025 reached ¥2,339,745,978.74, a significant increase of 455.64% compared to ¥421,091,165.92 in the same period last year[3]. - Net profit attributable to shareholders was ¥23,588,808.57, a turnaround from a loss of ¥5,174,938.50 in the previous year[3]. - The net profit after deducting non-recurring gains and losses was ¥30,582,216.63, up 475.47% from ¥5,314,316.59 year-on-year[3]. - Total operating revenue for Q1 2025 reached ¥2,339,745,978.74, a significant increase from ¥421,091,165.92 in Q1 2024, representing a growth of approximately 455.5%[17]. - Net profit for Q1 2025 was ¥27,818,858.69, a turnaround from a net loss of ¥857,100.34 in Q1 2024, marking a substantial improvement[18]. - Earnings per share for Q1 2025 were ¥0.01, compared to a loss per share of ¥0.002 in Q1 2024[19]. Assets and Liabilities - The company's total assets increased by 0.87% to ¥85,406,566,447.41 from ¥84,669,442,670.21 at the end of the previous year[4]. - As of March 31, 2025, the total assets of the company amounted to ¥85,406,566,447.41, an increase from ¥84,669,442,670.21 as of December 31, 2024[12][13]. - The company's current assets decreased to ¥65,013,586,528.17 from ¥65,352,346,372.21, indicating a decline of approximately 0.52%[12][13]. - The company's total liabilities increased to ¥63,644,247,733.49 from ¥62,913,916,679.01, reflecting a growth of approximately 1.16%[14]. - The total equity attributable to shareholders increased slightly to ¥20,924,667,078.96 from ¥20,901,546,685.36, a change of approximately 0.11%[14]. - The company's inventory increased to ¥53,684,236,057.87 from ¥44,569,663,464.69, marking a rise of about 20.43%[12]. - The long-term investments in real estate rose to ¥9,202,550,797.83 from ¥7,606,541,619.37, an increase of approximately 21.00%[13]. Cash Flow - The net cash flow from operating activities was negative at -¥1,760,968,169.61, worsening from -¥98,107,267.33 in the same period last year[3]. - Cash flow from operating activities for Q1 2025 was negative at -¥1,760,968,169.61, compared to -¥98,107,267.33 in Q1 2024, reflecting a worsening cash flow situation[21]. - Cash inflow from investment activities in Q1 2025 was ¥40,453,690.76, down from ¥855,131,089.94 in Q1 2024, indicating a decline of approximately 95.3%[21]. - Cash outflow from financing activities in Q1 2025 was ¥982,274,834.55, compared to ¥1,651,321,277.29 in Q1 2024, showing a decrease of about 40.5%[21]. - The company's cash and cash equivalents decreased significantly from ¥8,700,351,651.78 to ¥7,040,026,339.20, a drop of about 19.06%[12]. - The company's cash and cash equivalents decreased by approximately CNY 1.79 billion, ending with a balance of CNY 6.85 billion as of March 31, 2025[22]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 68,280[9]. - The largest shareholder, Shanghai Urban Investment (Group) Co., Ltd., holds 46.46% of the shares, totaling 1,175,318,599 shares[9]. Accounts Receivable and Payable - The company reported a 52.63% increase in accounts receivable, primarily due to revenue recognition leading to increased receivables[7]. - The company reported a decrease in accounts payable from ¥5,134,301,789.70 to ¥4,538,667,094.44, a decline of about 11.59%[14]. Research and Development - The company's research and development expenses decreased by 75.27% compared to the previous year, indicating reduced investment in R&D[7]. Other Financial Metrics - The weighted average return on net assets improved to 0.11%, an increase of 0.13 percentage points from -0.02%[3]. - The company reported an investment income of ¥42,051,892.73 in Q1 2025, compared to ¥26,716,114.52 in Q1 2024, reflecting an increase of approximately 57.2%[17]. - Other comprehensive income after tax for Q1 2025 was -¥468,414.97, compared to -¥144,350.55 in Q1 2024, indicating a decline in comprehensive income[19].