国投电力(600886) - 2025 Q1 - 季度财报

Financial Performance - Operating revenue for Q1 2025 was CNY 13.12 billion, a decrease of 6.99% compared to CNY 14.11 billion in the same period last year[4] - Net profit attributable to shareholders was CNY 2.08 billion, an increase of 2.10% from CNY 2.04 billion year-on-year[4] - Basic earnings per share for Q1 2025 was CNY 0.2676, a slight increase of 0.19% from CNY 0.2671 in the same period last year[4] - Operating profit for Q1 2025 increased to ¥4,490,285,779.41, compared to ¥4,324,000,453.30 in Q1 2024, reflecting a growth of 3.84%[13] - Net profit for Q1 2025 was ¥4,492,349,019.01, up from ¥4,320,924,760.61 in Q1 2024, indicating an increase of 3.97%[13] - The net profit for Q1 2025 was CNY 3,876,886,791.95, an increase from CNY 3,714,132,255.45 in Q1 2024, representing a growth of approximately 4.4%[14] - The net profit attributable to shareholders of the parent company was CNY 2,078,173,518.71, compared to CNY 2,035,488,978.93 in the previous year, reflecting a growth of about 2.1%[14] - The total comprehensive income for Q1 2025 was CNY 3,859,039,342.26, up from CNY 3,696,380,662.40 in Q1 2024, indicating an increase of around 4.4%[14] Cash Flow and Liquidity - Net cash flow from operating activities increased by 12.67% to CNY 7.28 billion, up from CNY 6.46 billion in the previous year[4] - Operating cash flow for Q1 2025 was CNY 7,275,274,686.36, compared to CNY 6,457,133,258.22 in Q1 2024, marking a rise of approximately 12.7%[17] - Cash and cash equivalents at the end of Q1 2025 totaled CNY 19,010,535,703.00, significantly higher than CNY 12,006,210,659.82 at the end of Q1 2024, showing an increase of about 58.3%[18] - The company reported cash inflows from financing activities of CNY 18,713,300,950.90 in Q1 2025, compared to CNY 7,783,801,396.68 in Q1 2024, representing a substantial increase of approximately 140.5%[18] - The net cash flow from investing activities was negative at CNY -568,618,329.51 for Q1 2025, an improvement from CNY -5,151,609,228.06 in Q1 2024[18] - The total cash outflow from financing activities was CNY 16,529,942,171.07 in Q1 2025, compared to CNY 8,159,523,469.22 in Q1 2024, indicating an increase of approximately 102.3%[18] Assets and Equity - Total assets at the end of Q1 2025 reached CNY 309.98 billion, reflecting a growth of 4.53% from CNY 296.54 billion at the end of the previous year[4] - Shareholders' equity attributable to the parent company increased by 14.66% to CNY 71.07 billion, compared to CNY 61.99 billion at the end of the last year[4] - The total assets as of the latest reporting period amounted to ¥309,980,825,535.14, an increase from ¥296,536,685,805.74[10] - The total equity attributable to shareholders rose to ¥71,073,229,969.47, up from ¥61,986,777,913.35, representing an increase of 14.00%[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 107,698[6] - The largest shareholder, State Development Investment Corporation, holds 47.79% of the shares[6] Expenses - Total operating costs for Q1 2025 were ¥8,797,117,757.99, down 11.77% from ¥9,973,222,234.51 in Q1 2024[13] - Research and development expenses rose significantly to ¥12,029,412.74 in Q1 2025, compared to ¥4,368,723.86 in Q1 2024, marking an increase of 175.57%[13] Return on Equity - The weighted average return on equity decreased by 0.23 percentage points to 3.43% from 3.66% year-on-year[4]