CTGR(SH:600905)2025-04-29 12:43Financial Performance - The company's operating revenue for Q1 2025 was CNY 7.63 billion, a decrease of 3.47% compared to CNY 7.90 billion in the same period last year[4]. - Net profit attributable to shareholders was CNY 2.45 billion, an increase of 1.16% from CNY 2.42 billion year-on-year[4]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2.08 billion, down 13.87% from CNY 2.42 billion in the previous year[4]. - Total operating revenue for Q1 2025 was CNY 7,628,320,608.76, a decrease of 3.45% from CNY 7,902,142,296.56 in Q1 2024[20]. - Net profit for Q1 2025 was CNY 2,716,166,897.39, a decrease of 5.94% compared to CNY 2,887,909,389.23 in Q1 2024[21]. - The company achieved a total comprehensive income of CNY 2,726,947,488.47 in Q1 2025, compared to CNY 2,883,337,200.08 in Q1 2024[21]. Cash Flow - The net cash flow from operating activities was CNY 4.14 billion, a decline of 6.20% compared to CNY 4.42 billion in the same period last year[6]. - Cash flow from operating activities for Q1 2025 was CNY 4,144,365,410.51, down from CNY 4,418,491,575.20 in Q1 2024[22]. - The net cash flow from operating activities for Q1 2025 was -CNY 41,680,872.16, an improvement from -CNY 50,011,809.56 in Q1 2024[32]. - The net cash flow from investing activities for Q1 2025 was -CNY 596,589,541.88, compared to -CNY 1,681,561,721.46 in Q1 2024, indicating a reduced outflow[32]. - The net cash flow from financing activities for Q1 2025 was CNY 104,576,582.62, a decrease from CNY 4,078,876,126.60 in Q1 2024[32]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 360.53 billion, an increase of 1.03% from CNY 356.87 billion at the end of the previous year[6]. - The total assets of the company as of March 31, 2025, were CNY 360,531,072,744.10, compared to CNY 356,871,426,700.32 at the end of 2024, marking an increase of approximately 1.9%[16]. - The total liabilities as of the end of the reporting period were CNY 253,357,608,720.07, slightly up from CNY 253,224,899,472.07[20]. - The total liabilities increased slightly to 56,178,532,642.82 RMB from 55,987,609,922.79 RMB, indicating a stable leverage position[27]. Equity - Shareholders' equity attributable to the parent company was CNY 89.25 billion, up 2.92% from CNY 86.72 billion at the end of the previous year[6]. - Total equity increased to CNY 107,173,464,024.03 from CNY 103,646,527,228.25 year-over-year[20]. - The company's total equity rose to 57,070,594,767.64 RMB, compared to 56,428,812,173.20 RMB, reflecting a solid equity growth[27]. Operating Costs and Expenses - Total operating costs increased to CNY 5,309,643,127.77, up 12.34% from CNY 4,725,570,693.49 in the previous year[20]. - The company reported a decrease in research and development expenses to CNY 1,733,917.54 from CNY 3,496,449.82 in the previous year[20]. Investment and Financing - Investment income for Q1 2025 was CNY 736,468,132.03, significantly higher than CNY 164,269,113.35 in Q1 2024[20]. - The company received CNY 2,013,520,689.00 from investment recoveries in Q1 2025, an increase from CNY 1,490,449,427.75 in Q1 2024[32]. - The cash inflow from financing activities was 13,896,761,091.29 RMB, down from 16,279,847,009.33 RMB, suggesting a reduction in new financing[23]. - The cash outflow for financing activities totaled 13,415,305,145.84 RMB, compared to 12,116,741,167.49 RMB, indicating increased cash distribution to stakeholders[23]. Market Conditions - The decrease in operating revenue was attributed to a decline in comprehensive electricity prices and market consumption in certain regions[9]. - The company has not disclosed any new product developments or market expansion strategies during this reporting period[14].