CYPC(SH:600900)2025-04-29 14:48Financial Performance - The company's operating revenue for Q1 2025 was CNY 17,015,283,778.59, representing an increase of 8.68% compared to CNY 15,640,900,490.43 in the same period last year[4] - Net profit attributable to shareholders for Q1 2025 was CNY 5,180,785,597.87, a year-on-year increase of 30.56% from CNY 3,966,850,824.31[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 5,232,734,947.37, reflecting a 31.49% increase compared to CNY 3,979,448,003.79 in the previous year[4] - Basic earnings per share for Q1 2025 were CNY 0.2117, up 30.56% from CNY 0.1621 in the same period last year[4] - The total comprehensive income for Q1 2025 was CNY 5.61 billion, an increase of 29% from CNY 4.35 billion in Q1 2024[21] - The company reported an increase in investment income to CNY 906.59 million in Q1 2025, compared to CNY 900.47 million in Q1 2024[20] - The company's comprehensive income for the first quarter of 2025 was CNY 1.65 billion, compared to CNY 1.18 billion in the same period last year, marking an increase of 39.73%[31] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 564,070,937,689.35, a decrease of 0.41% from CNY 566,071,979,792.34 at the end of the previous year[5] - Total liabilities as of March 31, 2025, were RMB 336,463,782,863.26, down from RMB 344,393,145,456.47[17] - The company's total liabilities decreased to CNY 145.48 billion as of March 31, 2025, down from CNY 149.19 billion at the end of 2024, a reduction of approximately 2.43%[28] - The company's equity attributable to shareholders increased to RMB 215,814,943,313.46 from RMB 210,312,253,395.97[17] Cash Flow - The net cash flow from operating activities for Q1 2025 was CNY 11,847,251,953.10, a decrease of 2.20% compared to CNY 12,093,344,021.00 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was CNY 11.85 billion, slightly down from CNY 12.11 billion in Q1 2024[23] - Cash flow from investing activities showed a net outflow of CNY 4.87 billion in Q1 2025, compared to a net outflow of CNY 2.15 billion in Q1 2024[24] - Cash flow from financing activities resulted in a net outflow of CNY 7.39 billion in Q1 2025, an improvement from a net outflow of CNY 9.71 billion in Q1 2024[25] - The net cash flow from operating activities was ¥2,864,314,915.69, a decrease of 6.3% compared to ¥3,056,501,259.94 in Q1 2024[32] - The net cash flow from investment activities was ¥1,276,470,749.44 in Q1 2025, a decline of 55.6% compared to ¥2,879,446,546.40 in Q1 2024[33] - The net cash flow from financing activities was -¥5,034,375,185.29 in Q1 2025, worsening from -¥4,464,422,087.29 in Q1 2024[33] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 424,578[11] - The largest shareholder, China Three Gorges Corporation, held 46.81% of the shares, amounting to 11,453,161,011 shares[11] Research and Development - Research and development expenses for Q1 2025 were CNY 96.29 million, a decrease of 6.4% from CNY 103.33 million in Q1 2024[20] - Research and development expenses for the first quarter of 2025 were CNY 54.89 million, slightly higher than CNY 50.93 million in the first quarter of 2024, indicating a growth of 7.83%[30] Operating Costs - Total operating costs for Q1 2025 were approximately CNY 11.55 billion, a decrease of 1.08% from CNY 11.68 billion in Q1 2024[20] - The company's total revenue from sales of goods and services in Q1 2025 was CNY 19.02 billion, up from CNY 18.39 billion in Q1 2024, indicating a growth of 3.5%[23]