Financial Performance - The company's operating revenue for Q1 2025 was CNY 5,417,754,088.73, representing a year-on-year increase of 9.68% compared to CNY 4,939,574,415.59 in the same period last year[6]. - Net profit attributable to shareholders for the same period was CNY 480,454,446.22, up 7.56% from CNY 446,665,771.23 year-on-year[6]. - The net profit after deducting non-recurring gains and losses surged by 105.52%, reaching CNY 472,588,197.69, compared to CNY 229,945,650.05 in the previous year[6]. - Basic and diluted earnings per share were both CNY 0.0360, reflecting a 9.09% increase from CNY 0.0330 in the previous year[6]. - Operating profit for Q1 2025 was CNY 618,096,893.70, up 24.5% from CNY 496,385,127.29 in Q1 2024[26]. - Net profit for Q1 2025 amounted to CNY 498,327,747.47, representing a 11.6% increase from CNY 446,665,771.23 in Q1 2024[26]. - Total comprehensive income for Q1 2025 was CNY 446,623,453.33, compared to CNY 412,343,895.86 in Q1 2024[27]. Cash Flow - The net cash flow from operating activities increased by 41.20%, amounting to CNY 501,932,803.19, compared to CNY 355,466,867.00 in the same period last year[6]. - In Q1 2025, the cash inflow from operating activities was CNY 5,469,512,387.32, a decrease of 10.1% compared to CNY 6,082,157,020.92 in Q1 2024[29]. - Cash outflow from investment activities was CNY 1,754,188,419.57, significantly higher than CNY 848,526,083.35 in Q1 2024, resulting in a net cash flow of -CNY 647,162,489.65[30]. - Cash inflow from financing activities reached CNY 9,547,217,207.26, an increase of 22.7% compared to CNY 7,785,316,264.58 in Q1 2024[30]. - The net cash flow from financing activities was CNY 2,394,652,864.12, a turnaround from a negative cash flow of -CNY 2,205,163,278.92 in the previous year[31]. - The total cash and cash equivalents at the end of Q1 2025 amounted to CNY 11,001,749,687.41, compared to CNY 12,313,713,751.09 at the end of Q1 2024[31]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 129,917,194,974.09, a 2.81% increase from CNY 126,367,137,897.71 at the end of the previous year[8]. - Current liabilities increased to CNY 50,509,015,009.63 as of March 31, 2025, from CNY 39,371,496,557.16 as of December 31, 2024, marking a rise of about 28.5%[21]. - Total liabilities as of March 31, 2025, were CNY 95,761,458,712.16, a decrease from CNY 98,957,233,407.65 on December 31, 2024[22]. - Non-current liabilities totaled CNY 56,389,962,155.00 as of March 31, 2025, compared to CNY 48,448,218,398.02 at the end of 2024[22]. - The company's total equity as of March 31, 2025, was CNY 30,959,961,566.44, an increase from CNY 30,605,679,185.55 at the end of 2024[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 262,705[13]. - The top shareholder, China Ocean Shipping Group Co., Ltd., holds 34.09% of the shares, amounting to 4,628,015,690 shares[14]. Research and Development - Research and development expenses decreased to CNY 4,905,429.22 in Q1 2025 from CNY 12,236,504.59 in Q1 2024, a reduction of 59.9%[25]. - R&D expenses for Q1 2025 were CNY 20.90 million, a slight increase from CNY 18.03 million in Q1 2024[38]. Operational Efficiency - The company achieved a significant increase in container sales volume, contributing to improved operational efficiency and profitability in the container manufacturing business[12].
中远海发(02866) - 2025 Q1 - 季度业绩