CNECC(601611)2025-04-29 16:30Financial Performance - The company's operating revenue for Q1 2025 was CNY 29,549,453,417.08, representing a year-on-year increase of 1.77% compared to CNY 29,035,578,409.61 in the same period last year[4] - The net profit attributable to shareholders decreased by 1.01% to CNY 551,369,787.49 from CNY 557,004,358.29 year-on-year[4] - The basic earnings per share remained stable at CNY 0.18, while diluted earnings per share decreased by 5.88% to CNY 0.16[4] - Total operating revenue for Q1 2025 was approximately ¥29.55 billion, a 1.77% increase from ¥29.04 billion in Q1 2024[17] - Net profit for Q1 2025 reached approximately ¥755.81 million, a slight increase from ¥745.89 million in Q1 2024[18] - The company achieved a total profit of approximately ¥926.45 million in Q1 2025, compared to ¥910.47 million in Q1 2024[18] Assets and Liabilities - Total assets increased by 6.48% to CNY 240,517,219,317.41 from CNY 225,885,637,644.92 at the end of the previous year[5] - As of March 31, 2025, the total assets of China Nuclear Engineering Corporation amounted to RMB 240.52 billion, an increase from RMB 225.89 billion as of December 31, 2024, representing a growth of approximately 6.0%[12] - The company's current assets reached RMB 170.13 billion, up from RMB 154.52 billion, indicating a growth of about 10.1%[12] - The total liabilities increased to RMB 198.02 billion from RMB 184.30 billion, reflecting a rise of approximately 7.4%[13] - The total equity attributable to shareholders reached RMB 31.15 billion, up from RMB 30.49 billion, indicating an increase of about 2.2%[14] Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 10,194,553,072.73, an improvement from the previous year's outflow of CNY 10,570,887,318.06[4] - Cash flow from operating activities for Q1 2025 was negative at approximately -¥10.19 billion, an improvement from -¥10.57 billion in Q1 2024[20] - Cash and cash equivalents stood at RMB 16.67 billion, compared to RMB 13.21 billion, marking an increase of around 26.5%[12] - Cash and cash equivalents at the end of Q1 2025 totaled approximately ¥14.78 billion, up from ¥13.01 billion at the end of Q1 2024[21] - Investment activities generated a net cash inflow of approximately ¥93.42 million in Q1 2025, compared to a net outflow of approximately -¥427.04 million in Q1 2024[20] Expenses - The company recorded a 54.74% increase in selling expenses, primarily due to increased warehousing and port expenses[6] - Research and development expenses for Q1 2025 were approximately ¥487.27 million, an increase of 11.22% compared to ¥438.14 million in Q1 2024[17] - The company’s financial expenses for Q1 2025 were approximately ¥614.10 million, slightly down from ¥615.57 million in Q1 2024[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 91,894[8] - The largest shareholder, China National Nuclear Corporation, holds 56.80% of the shares, totaling 1,710,508,888 shares[9] Other Financial Metrics - The company's inventory rose to RMB 12.38 billion from RMB 11.35 billion, which is an increase of about 9.1%[12] - The company's accounts receivable amounted to RMB 43.20 billion, slightly up from RMB 43.01 billion, reflecting a growth of approximately 0.5%[12] - The contract assets increased significantly to RMB 82.24 billion from RMB 72.39 billion, representing a growth of about 13.6%[12] - The long-term borrowings increased to RMB 41.06 billion from RMB 36.88 billion, showing a growth of approximately 11.9%[13] - The company reported a net profit margin improvement, although specific figures were not disclosed in the provided content[11]