冀东水泥(000401) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥3,902,706,837.55, representing a 16.82% increase compared to the same period last year[3] - The net profit attributable to shareholders was -¥873,099,096.75, an improvement of 19.91% from -¥1,098,670,620.87 in the previous year[3] - The net cash flow from operating activities improved by 63.72%, reaching -¥306,285,365.24 compared to -¥844,167,717.37 in Q1 2024[3] - The company reported a significant increase in other income, which rose by 53.79% to ¥67,611,120.89, mainly due to increased government subsidies[8] - The company experienced a 132.70% increase in operating expenses, amounting to ¥4,698,093.91, primarily due to increased asset write-off losses[8] - The company’s basic earnings per share improved by 20.00%, reaching -¥0.328 compared to -¥0.413 in Q1 2024[3] - Net profit for the current period was a loss of ¥930,685,638.46, an improvement from a loss of ¥1,198,494,952.57 in the previous period[17] - The company reported a basic earnings per share of -0.328, compared to -0.410 in the previous period[18] Assets and Liabilities - The total assets at the end of Q1 2025 were ¥59,735,162,047.40, a slight increase of 0.71% from the end of the previous year[3] - The equity attributable to shareholders decreased by 3.26% to ¥26,760,799,489.40 compared to ¥27,661,746,583.48 at the end of the previous year[3] - Total current assets amount to ¥14,412,681,476.12, slightly up from ¥14,369,358,160.88 at the beginning of the period[13] - Total non-current assets increased to ¥45,322,480,571.28 from ¥44,944,538,758.79[14] - The total liabilities increased to ¥31,025,146,822.48 from ¥30,055,297,604.47, indicating a growth of 3.2%[15] - Total equity decreased to ¥28,710,015,224.92 from ¥29,258,599,315.20, reflecting a decline of 1.9%[15] - Long-term borrowings decreased to ¥4,969,406,604.54 from ¥6,761,052,547.07, a reduction of 26.5%[15] Cash Flow - The net cash flow from investing activities was -¥1,060,656,282.07, a decrease of 216.72% compared to -¥334,888,046.56 in the same period last year, mainly due to payments for acquisitions[8] - Cash inflow from operating activities totaled ¥4,420,257,361.06, an increase from ¥3,502,771,771.86 in the previous period[19] - Cash outflow from operating activities was ¥4,726,542,726.30, compared to ¥4,346,939,489.23 in the previous period[19] - The company’s cash and cash equivalents position improved, contributing to a stronger liquidity position[19] - The net cash flow from operating activities was -$306.29 million, compared to -$844.17 million in the previous period[20] - The net cash flow from investing activities was -$1.06 billion, a significant increase from -$334.89 million year-over-year[20] - Cash inflow from financing activities totaled $3.05 billion, down from $4.58 billion in the previous period[20] - The net cash flow from financing activities was $1.33 billion, compared to $1.60 billion previously[20] - The cash and cash equivalents at the end of the period amounted to $6.33 billion, slightly down from $6.19 billion last year[20] - Cash outflow for the repayment of debts was $1.63 billion, compared to $2.27 billion in the previous period[20] - The company reported a cash inflow of $2.64 billion from borrowings, down from $4.04 billion previously[20] - The impact of exchange rate changes on cash and cash equivalents was an increase of $2.24 million[20] - The company’s cash flow from investing activities included $250.59 million spent on fixed assets, down from $356.33 million[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 76,981[10] - The largest shareholder, Beijing Jinyu Group Co., Ltd., holds 44.34% of shares, totaling 1,178,645,057 shares[10] Inventory and Receivables - Accounts receivable decreased to ¥2,323,112,359.20 from ¥2,619,807,728.78, a decline of approximately 11.3%[13] - Inventory increased to ¥3,249,783,883.27 from ¥2,783,327,687.40, reflecting a growth of about 16.7%[14] - Accounts payable decreased to ¥4,055,956,860.82 from ¥4,513,450,825.78, a decline of approximately 10.1%[14]