四川成渝(601107) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,849,869,296.47, representing a decrease of 8.08% compared to CNY 2,012,495,619.91 in the same period last year[3] - Net profit attributable to shareholders increased by 16.61% to CNY 456,446,940.45 from CNY 391,428,528.81 year-on-year[3] - Basic and diluted earnings per share rose by 11.33% to CNY 0.1425 from CNY 0.1280 in the previous year[4] - Total operating revenue for Q1 2025 was ¥1,849,869,296.47, a decrease of 8.09% from ¥2,012,495,619.91 in Q1 2024[22] - Net profit for Q1 2025 reached ¥477,424,961.00, an increase of 17.43% compared to ¥406,578,028.41 in Q1 2024[23] - Total comprehensive income for the period reached CNY 475,507,836.91, an increase from CNY 411,264,331.75 in the previous year, representing a growth of approximately 15.6%[24] - Basic and diluted earnings per share increased to CNY 0.1425 from CNY 0.1280, reflecting a rise of about 3.5%[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 63,374,669,479.87, reflecting a growth of 3.77% from CNY 61,070,435,445.00 at the end of the previous year[4] - Total liabilities increased to ¥42,217,542,279.56 from ¥41,574,810,358.73, reflecting a growth of 1.55%[19] - Long-term borrowings stood at ¥35,281,441,819.17, an increase from ¥33,593,725,819.17, indicating a growth of 5.02%[18] - The company reported a decrease in short-term borrowings to ¥510,308,194.45 from ¥710,503,750.01, a reduction of 28.19%[18] Shareholder Information - Shareholders' equity attributable to the parent company increased by 8.91% to CNY 20,044,104,190.31 from CNY 18,404,171,806.44 year-on-year[4] - The total number of ordinary shareholders at the end of the reporting period was 49,867[9] - The total number of ordinary shareholders as of the report date is 49,867, including 49,625 A-share shareholders and 242 H-share shareholders[11] - The top 10 shareholders hold a significant portion of the company's shares, with Shudao Investment Group holding 1,218,979,662 shares, representing 39.86% of the total[10] - The company’s major shareholder, Shudao Investment Group, has a 5.77% stake in the controlling subsidiary, indicating a complex ownership structure[11] Cash Flow - The net cash flow from operating activities decreased by 35.88% to CNY 512,374,211.98, down from CNY 799,025,576.88 in the same period last year, primarily due to lower operating revenue and unreceived tax refunds[7] - Cash flow from operating activities generated a net amount of CNY 512,374,211.98, down from CNY 799,025,576.88, indicating a decrease of approximately 35.9%[27] - Cash inflow from financing activities significantly increased to CNY 7,542,854,000.00 compared to CNY 1,585,410,000.00 in the previous year, marking a growth of about 376.5%[27] - The net cash flow from investing activities was negative at CNY -798,159,992.14, an improvement from CNY -1,003,295,308.12 year-over-year[27] - The ending balance of cash and cash equivalents rose to CNY 4,512,436,933.83, up from CNY 2,666,369,525.39, representing an increase of approximately 69.1%[28] - Cash received from sales of goods and services was CNY 1,713,290,749.11, a decrease from CNY 2,042,567,783.24, reflecting a decline of about 16.1%[26] - Total cash outflow from operating activities was CNY 1,392,907,317.61, slightly down from CNY 1,393,365,311.69, indicating a marginal decrease of 0.03%[27] - Cash received from investment activities totaled CNY 32,877,693.35, compared to CNY 14,550,695.71 in the previous year, showing an increase of approximately 125.5%[27] Projects and Investments - The Chengle Expressway expansion project has a total estimated investment of approximately RMB 251.5 billion, with cumulative investments reaching about RMB 137.82 billion as of March 31, 2025[12][13] - The Tianqiong Expressway BOT project has an estimated total investment of approximately RMB 86.85 billion, with cumulative investments of about RMB 69.56 billion as of March 31, 2025[14] - The company is involved in the investment and construction of the Chengdu Tianfu New Area to Qionglai Expressway project, which is expected to be completed by September 13, 2024[14] - The company has completed the dual-lane operation of the Chengle Expressway expansion project, enhancing overall traffic capacity and service levels[12] Audit and Review - The company did not conduct an audit for the quarterly financial report[2] - The company’s financial statements are unaudited as of March 31, 2025, indicating a need for further review before finalizing financial results[15] - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending activities[12] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency and revenue growth[29]