中国黄金(600916) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥11,002,944,108.30, a decrease of 39.71% compared to ¥18,250,656,107.52 in the same period last year[4] - Net profit attributable to shareholders was ¥134,557,383.50, down 62.96% from ¥363,255,253.39 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥133,230,466.74, reflecting a 63.91% decline from ¥369,110,634.83 in the previous year[4] - Basic earnings per share were ¥0.08, down 63.64% from ¥0.22 year-on-year[5] - Net profit for Q1 2025 was ¥135,672,348.18, a decline of 62.8% from ¥364,744,950.11 in Q1 2024[20] - Basic earnings per share for Q1 2025 was ¥0.08, compared to ¥0.22 in Q1 2024[20] Cash Flow - The net cash flow from operating activities was -¥722,539,237.36, a significant decrease of 166.02% compared to ¥1,094,364,860.17 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was negative at -¥722,539,237.36, compared to a positive ¥1,094,364,860.17 in Q1 2024[23] - The net cash flow from investing activities was -2,077,378.77 for the current period and -8,607,163.09 for the previous period[24] - The cash inflow from financing activities totaled 82,367,646.21 in the current period, compared to 3,600,000,000 in the previous period[24] - The net cash flow from financing activities was 55,921,870.76 for the current period, while it was -20,449,958.38 for the previous period[24] - The net increase in cash and cash equivalents was -668,694,745.37 for the current period, compared to an increase of 1,065,307,738.70 in the previous period[24] - The ending balance of cash and cash equivalents was 5,983,259,749.97 for the current period, compared to 7,069,471,187.87 for the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,400,832,132.28, an increase of 3.88% from ¥12,900,880,448.50 at the end of the previous year[5] - The company's total assets as of March 31, 2025, amount to ¥13,400,832,132.28, an increase from ¥12,900,880,448.50 as of December 31, 2024[14][15] - Total liabilities as of the end of the reporting period were ¥5,719,883,345.53, an increase from ¥5,355,604,009.93 year-over-year[16] - Total current liabilities increased to ¥5,000,000,000.00 from ¥4,500,000,000.00, indicating a rise of approximately 11.1%[15] Shareholder Information - Shareholders' equity attributable to the parent company was ¥7,583,814,512.81, up 1.81% from ¥7,449,257,129.31 at the end of the previous year[5] - Total equity attributable to shareholders was ¥7,583,814,512.81, up from ¥7,449,257,129.31 in the previous year[16] - The total number of common shareholders at the end of the reporting period is 118,631[10] - The largest shareholder, China National Gold Group Corporation, holds 646,050,000 shares, accounting for 38.4% of total shares[10] - The top ten shareholders collectively hold 45.72% of the company's shares, indicating a concentrated ownership structure[11] Operational Insights - The decline in revenue and profit was primarily due to a decrease in gold product sales as gold prices continued to rise[7] - The company reported a non-recurring gain of ¥1,326,916.76 after accounting for tax and minority interests[6] - The company reported a financial expense of -¥1,203,303.64 in Q1 2025, a significant improvement from ¥12,368,393.19 in Q1 2024[18] - The company’s investment income for Q1 2025 was -¥2,876,183.08, an improvement from -¥22,834,953.06 in Q1 2024[18] - Accounts receivable increased significantly to ¥1,108,589,726.70 from ¥342,093,360.46, indicating a growth of approximately 224%[14] - Inventory rose to ¥4,136,469,200.96 from ¥3,794,336,830.01, reflecting an increase of about 9%[14]