FII(601138)2025-04-29 14:58Financial Performance - The company's operating revenue for Q1 2025 reached CNY 160,415,051, representing a year-on-year increase of 35.16% compared to CNY 118,687,964 in the same period last year[4]. - Net profit attributable to shareholders was CNY 5,230,775, marking a 24.99% increase from CNY 4,184,884 in the previous year[4]. - The net profit excluding non-recurring gains and losses was CNY 4,902,819, up 14.76% from CNY 4,272,066 year-on-year[4]. - Operating profit for Q1 2025 was RMB 5.91 billion, up 24.1% from RMB 4.76 billion in Q1 2024[19]. - Net profit for Q1 2025 was RMB 5.25 billion, representing a 25.3% increase compared to RMB 4.19 billion in Q1 2024[19]. - The company reported a basic and diluted earnings per share of RMB 0.26 for Q1 2025, up from RMB 0.21 in Q1 2024[19]. Cash Flow and Assets - The net cash flow from operating activities decreased significantly by 75.04%, falling to CNY 1,299,139 from CNY 5,205,170 due to slower accounts receivable recovery compared to accounts payable growth[4][5]. - Cash flow from operating activities generated RMB 1.30 billion in Q1 2025, a decrease of 75.1% from RMB 5.21 billion in Q1 2024[21]. - Cash flow from investing activities showed a net outflow of RMB 3.16 billion in Q1 2025, compared to a net outflow of RMB 1.57 billion in Q1 2024[22]. - Cash flow from financing activities resulted in a net inflow of RMB 21.23 billion in Q1 2025, a significant improvement from a net outflow of RMB 7.83 billion in Q1 2024[22]. - The total assets at the end of the reporting period were CNY 362,663,698, reflecting a 14.22% increase from CNY 317,523,519 at the end of the previous year[5]. - The company's current assets totaled RMB 318.39 billion, compared to RMB 274.01 billion at the end of 2024, reflecting a growth of approximately 16.2%[14]. - The company's total assets amounted to RMB 91.60 billion, an increase from RMB 79.76 billion at the end of Q1 2024[22]. Liabilities and Shareholder Information - The company's total liabilities reached RMB 205.04 billion, up from RMB 164.39 billion, indicating a growth of about 24.7%[16]. - The total number of ordinary shareholders at the end of the reporting period was 407,981[10]. Market and Business Development - Revenue from cloud computing business grew by over 50%, with AI servers and general servers also seeing revenue increases exceeding 50% year-on-year[5]. - Revenue from cloud service provider servers increased by over 60%, while revenue from brand customer servers rose by over 30%[5]. - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[17]. Non-Recurring Gains and Other Income - The company reported non-recurring gains of CNY 327,956, which included government subsidies and other non-operating income[8]. - The company experienced a foreign exchange loss of RMB 75.21 million in Q1 2025, compared to a gain of RMB 613.60 million in Q1 2024[22]. - Other comprehensive income after tax for Q1 2025 was a loss of RMB 785.67 million, contrasting with a gain of RMB 918.80 million in Q1 2024[19]. Share Repurchase - The company plans to repurchase shares using self-owned funds between RMB 200 million and RMB 300 million, with a maximum repurchase price of RMB 40.33 per share[12]. - As of February 7, 2025, the company completed its share repurchase plan, acquiring a total of 9,462,623 shares, representing approximately 0.05% of the total share capital, at an average price of RMB 21.45 per share[13].