中国电建(601669) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 142.56 billion, representing a year-on-year increase of 1.61% compared to CNY 140.15 billion in the same period last year[4]. - Net profit attributable to shareholders decreased by 12.03% to CNY 2.64 billion from CNY 3.04 billion in the previous year[4]. - Basic and diluted earnings per share were both CNY 0.1471, down 12.44% from CNY 0.1708 in the same period last year[5]. - The company reported a decrease in net profit due to increased operational costs and market challenges[4]. - Net profit for Q1 2025 was RMB 3.51 billion, down 11.4% from RMB 3.97 billion in Q1 2024[19]. - Operating profit for Q1 2025 was RMB 4.27 billion, a decrease of 10.5% from RMB 4.78 billion in Q1 2024[18]. - Total comprehensive income for Q1 2025 was RMB 3.50 billion, compared to RMB 3.78 billion in Q1 2024[19]. - The total comprehensive income for Q1 2025 was -230,002,086.24 RMB, compared to -336,904,522.09 RMB in Q1 2024, representing an improvement of approximately 31.7%[31]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,337.19 billion, an increase of 3.74% from CNY 1,289.00 billion at the end of the previous year[5]. - The company's current assets totaled RMB 574,929,513,336.05, up from RMB 532,807,364,815.79, indicating an increase of about 7.9%[14]. - The accounts receivable increased to RMB 137,898,192,228.54 from RMB 125,901,986,691.89, representing a rise of approximately 9.6%[14]. - The total liabilities reached RMB 1,064,480,983,059.27, up from RMB 1,017,424,198,397.00, which is an increase of approximately 4.3%[16]. - The company's equity attributable to shareholders rose to RMB 166,263,256,256.02 from RMB 165,557,167,983.65, reflecting a slight increase of about 0.4%[16]. - The company's short-term borrowings surged to RMB 81,087,807,771.09, compared to RMB 39,701,801,492.94, marking an increase of about 104.5%[15]. - The non-current liabilities totaled RMB 434,672,253,811.27, an increase from RMB 413,646,009,276.67, which is approximately 5.0% higher[16]. Cash Flow - The net cash flow from operating activities was negative at CNY -40.52 billion, compared to CNY -39.00 billion in the same period last year[5]. - Cash flow from operating activities for Q1 2025 was negative at RMB -40.52 billion, compared to RMB -39.08 billion in Q1 2024[22]. - The net cash flow from financing activities was CNY 53.71 billion, a decrease of 24.2% compared to CNY 70.78 billion in the previous period[23]. - The company's cash inflow from financing activities totaled CNY 98.38 billion, down from CNY 103.43 billion, a decrease of approximately 4.9%[23]. - Operating cash flow for Q1 2025 was -19,654,125,143.18 RMB, an improvement from -27,661,734,467.69 RMB in Q1 2024, indicating a reduction in cash outflow of about 29%[32]. Shareholder Information - The company had a total of 332,573 common shareholders at the end of the reporting period[9]. - The largest shareholder, China Power Construction Group Co., Ltd., held 53.0% of the shares, amounting to 9,138,371,913 shares[10]. Research and Development - Research and development expenses for Q1 2025 were RMB 3.22 billion, slightly up from RMB 3.19 billion in Q1 2024[18]. Other Financial Metrics - Non-recurring gains and losses totaled CNY 37.67 million, with significant contributions from asset disposal and government subsidies[6]. - The company incurred financial expenses of 294,717,867.49 RMB in Q1 2025, slightly down from 310,344,298.46 RMB in Q1 2024, indicating a decrease of about 5%[30]. - The company received cash inflows from financing activities totaling 28,500,000,000.00 RMB in Q1 2025, compared to 34,500,000,000.00 RMB in Q1 2024, a decline of approximately 17.4%[33]. - The company reported a significant increase in cash received from other operating activities, amounting to 9,731,345,094.30 RMB in Q1 2025, compared to 6,159,844,517.34 RMB in Q1 2024, a growth of about 57.5%[32]. - The company’s interest income for Q1 2025 was 241,391,842.61 RMB, up from 140,631,460.83 RMB in Q1 2024, reflecting an increase of approximately 71.7%[30].