Financial Performance - Total operating revenue for Q1 2025 reached CNY 16.55 billion, a 9.93% increase compared to CNY 15.05 billion in the same period last year[7] - Net profit attributable to shareholders was CNY 1.15 billion, reflecting a significant growth of 27.39% from CNY 905.75 million year-on-year[7] - Basic earnings per share increased to CNY 0.37, up 27.59% from CNY 0.29 in the previous year[7] - Operating income for Q1 2025 was ¥16.29 billion, up from ¥14.80 billion in Q1 2024, reflecting a growth of 10.1%[29] - Net profit for Q1 2025 was ¥1.23 billion, representing a 24.7% increase compared to ¥0.99 billion in Q1 2024[31] - The total comprehensive income for Q1 2025 was ¥1.23 billion, an increase from ¥0.97 billion in Q1 2024[32] Cash Flow - The net cash flow from operating activities was negative at CNY -3.29 billion, a decline of 365.42% compared to a positive cash flow of CNY 1.24 billion in the same period last year[7] - Cash flow from operating activities decreased by 365.42%, primarily due to an increase in cash payments for goods purchased by RMB 40.21 billion and a decrease in net customer deposits and interbank placements by RMB 29.12 billion[15] - Operating cash inflow for Q1 2025 was CNY 17.68 billion, compared to CNY 16.54 billion in Q1 2024, representing an increase of 6.9%[36] - Cash outflow from operating activities in Q1 2025 was CNY 20.97 billion, up from CNY 15.30 billion in Q1 2024, indicating a significant increase of 37.6%[38] - The company’s cash inflow from operating activities included CNY 1,430,304,213.06 from sales of goods and services in Q1 2025, a substantial rise from CNY 549,304,216.73 in Q1 2024, reflecting an increase of approximately 160.1%[54] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 148.83 billion, representing a 4.80% increase from CNY 142.01 billion at the end of the previous year[7] - Total liabilities amounted to CNY 104.39 billion, compared to CNY 98.87 billion, marking an increase of around 5.7%[27] - Long-term borrowings increased by 61.11%, with new loans from external banks amounting to CNY 1.36 billion[13] - Current assets totaled CNY 103.78 billion, up from CNY 93.78 billion, indicating a significant increase of about 10.7%[24] - The total current liabilities reached CNY 93.03 billion, up from CNY 88.91 billion, indicating an increase of approximately 4.8%[26] Investments and Expenses - Research and development expenses increased to ¥705.99 million in Q1 2025, up 15.2% from ¥612.62 million in Q1 2024[29] - The company reported a total operating cost of ¥15.24 billion in Q1 2025, which is a 10.5% increase from ¥13.79 billion in Q1 2024[29] - The company reported a significant increase in asset impairment losses of CNY 120,767,659.84 in Q1 2025 compared to CNY 11,629,731.15 in Q1 2024[49] Shareholder Information - As of the end of the reporting period, the total number of common shareholders was 103,003[16] - The largest shareholder, China Eastern Electric Group Co., Ltd., holds 1,739,215,126 shares, accounting for 55.79% of total shares[17] Production and Orders - In Q1 2025, the company produced 17,909,400 kW of power generation equipment, including 695,000 kW of hydropower units and 1,390,300 kW of steam turbine generators[21] - The company secured new orders worth RMB 35.881 billion in Q1 2025, with clean and efficient energy equipment accounting for 44.56% of the total[21]
东方电气(01072) - 2025 Q1 - 季度业绩