Shenergy(SH:600642)2025-04-29 14:35Financial Performance - The company's operating revenue for Q1 2025 was ¥7,337,459,968.16, a decrease of 9.09% compared to ¥8,070,802,677.09 in the same period last year[5] - Net profit attributable to shareholders was ¥1,010,763,308.77, down 12.82% from ¥1,159,333,342.09 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥870,537,197.68, a slight decrease of 2.27% from ¥890,754,907.45 in the previous year[5] - Basic earnings per share were ¥0.207, down 13.03% from ¥0.238 in the previous year[6] - The net profit for Q1 2025 was CNY 1,264,111,429.96, a decrease of 7.95% compared to CNY 1,373,411,445.29 in Q1 2024[19] - The total comprehensive income for Q1 2025 was CNY 1,262,450,689.36, down from CNY 1,373,404,193.01 in Q1 2024, reflecting a decline of approximately 8.06%[20] - Basic earnings per share for Q1 2025 were CNY 0.207, compared to CNY 0.238 in Q1 2024, indicating a decrease of 12.99%[20] - The company reported a decrease in sales revenue from goods and services received in Q1 2025, totaling CNY 8,226,767,376.63, down from CNY 9,113,281,312.43 in Q1 2024, representing a decline of 9.71%[21] - Net profit for Q1 2025 was CNY 393.69 million, down from CNY 593.75 million in Q1 2024, indicating a decrease of approximately 33.7%[27] Cash Flow and Liquidity - The net cash flow from operating activities increased by 5.61% to ¥2,397,661,459.36, compared to ¥2,270,249,742.84 in the same period last year[5] - Cash flow from operating activities for Q1 2025 was CNY 2,397,661,459.36, an increase of 5.61% from CNY 2,270,249,742.84 in Q1 2024[21] - Cash flow from investing activities for Q1 2025 was negative CNY 1,369,699,634.27, an improvement from negative CNY 1,668,166,804.30 in Q1 2024[22] - Cash flow from financing activities for Q1 2025 was CNY 231,174,872.31, a decrease of 66.54% compared to CNY 690,685,472.98 in Q1 2024[22] - The cash and cash equivalents at the end of Q1 2025 amounted to CNY 15,028,847,806.02, an increase from CNY 13,012,089,498.90 at the end of Q1 2024[22] - The ending cash and cash equivalents balance was $3.16 billion, up from $2.64 billion, reflecting a strong liquidity position[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥103,404,331,932.63, an increase of 1.71% from ¥101,665,731,911.61 at the end of the previous year[6] - Total assets reached CNY 103,404,331,932.63 as of March 31, 2025, compared to CNY 101,665,731,911.61 at the end of 2024, showing growth in asset base[17] - Total liabilities decreased to CNY 54,964,383,135.37 from CNY 55,741,116,308.58, indicating improved financial stability[16] - The company's total liabilities decreased to CNY 11.78 billion from CNY 12.25 billion, a reduction of about 3.8%[25] - The company's equity increased to CNY 48,439,948,797.26 as of March 31, 2025, up from CNY 45,924,615,603.03 at the end of 2024[17] - The total equity increased to CNY 32.78 billion from CNY 31.18 billion, representing a growth of approximately 5.1%[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 79,774[10] - The largest shareholder, Sheneng Group Co., Ltd., holds 53.67% of the shares, totaling 2,626,545,766 shares[11] Research and Development - Research and development expenses increased to CNY 3,267,908.88 in Q1 2025, up from CNY 980,355.13 in Q1 2024, indicating a focus on innovation[18] Investment Performance - The company reported an investment income of CNY 325,459,369.66 in Q1 2025, slightly down from CNY 345,156,824.15 in Q1 2024[18] - Investment income for Q1 2025 was CNY 358.36 million, compared to CNY 452.43 million in Q1 2024, reflecting a decline of approximately 20.8%[26] - Cash inflow from investment income was $76.38 million, down from $168.40 million, indicating a decline in investment returns[30] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting[31]