弘元绿能(603185) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥1,656,777,559.33, a decrease of 24.37% compared to ¥2,190,704,034.64 in the same period last year[4] - The net profit attributable to shareholders was -¥61,875,827.20, improving from -¥141,374,420.08 year-on-year[4] - Total revenue for Q1 2025 was CNY 1,656,777,559.33, a decrease of 24.3% compared to CNY 2,190,704,034.64 in Q1 2024[17] - Net profit for Q1 2025 was a loss of CNY 61,875,827.20, compared to a loss of CNY 141,374,420.08 in Q1 2024, indicating an improvement[18] - The basic and diluted earnings per share were both -0.091 CNY, an improvement from -0.192 CNY in the previous period[19] Cash Flow - The net cash flow from operating activities was -¥588,448,130.90, a significant decline of 391.35% compared to ¥201,974,331.15 in the previous year[4] - Cash inflow from operating activities totaled 3,576,740,834.52 CNY, up from 2,794,393,911.87 CNY year-over-year[21] - The net cash flow from operating activities was -588,448,130.90 CNY, a decline from a positive 201,974,331.15 CNY in the previous year[21] - Cash inflow from investment activities was 5,496,678,795.76 CNY, compared to 2,919,411,380.09 CNY in the previous year[22] - The net cash flow from investment activities was 1,013,213,742.17 CNY, a significant recovery from -2,379,897,070.44 CNY in the previous year[22] - The net cash flow from financing activities was -320,898,978.75 CNY, down from 2,712,158,645.12 CNY in the previous year[22] - The total cash and cash equivalents at the end of the period were 1,458,553,864.39 CNY, down from 3,998,395,077.88 CNY year-over-year[22] - The company received 4,923,029,333.53 CNY from investment recoveries, a significant increase from 2,907,288,800.00 CNY in the previous year[21] - The company paid 2,552,519,432.19 CNY for goods and services, an increase from 1,721,521,057.88 CNY in the previous year[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥28,206,405,868.26, down 3.48% from ¥29,222,793,933.67 at the end of the previous year[5] - Total assets decreased to CNY 28,206,405,868.26 from CNY 29,222,793,933.67, a decline of 3.5%[15] - Total liabilities decreased to CNY 16,402,319,318.07 from CNY 17,338,631,233.62, a reduction of 5.4%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 59,454[8] - The largest shareholder, Yang Jianliang, holds 29.12% of the shares, totaling 197,723,948 shares[9] - There are no significant changes in the shareholding structure or related party transactions reported[10] Research and Development - The company reported a significant increase in research and development expenses, totaling CNY 62,219,452.03 in Q1 2025, compared to CNY 145,937,290.49 in Q1 2024[18] - The company is focusing on market expansion and new product development as part of its strategic initiatives moving forward[16] - The company has not disclosed any new product developments or market expansion strategies in this report[11] Other Financial Metrics - The weighted average return on net assets increased by 0.51 percentage points to -0.52% from -1.03% year-on-year[4] - The company reported non-recurring gains and losses totaling ¥32,128,812.42 for the period[6] - Accounts receivable increased to CNY 1,159,327,682.95 from CNY 843,124,483.09, reflecting a growth of 37.5%[13] - Inventory rose to CNY 1,765,469,329.95, up 26.5% from CNY 1,395,509,502.28[13]