On April 19, 2025, Minmetals New Energy (688779.SH) released its first quarter report for 2025.

The company's total operating income was 1.408 billion yuan, an increase of 320 million yuan over the total operating income of the same period last year, and an increase of 29.46% over the same period last year. The net profit attributable to the parent company was -63.8705 million yuan, a decrease of 67.0624 million yuan compared with the net profit attributable to the parent company in the same reporting period last year, and a decrease of 2101.00% compared with the same period last year. The net cash inflow from operating activities was -251 million yuan, an increase of 1.302 billion yuan over the net cash inflow from operating activities in the same reporting period last year, achieving two consecutive years of growth.

The company's latest asset-liability ratio was 46.71%, an increase of 1.52 percentage points over the previous quarter's asset-liability ratio and an increase of 2.48 percentage points over the same period last year.

The company's latest gross profit margin was 2.71%, a decrease of 0.24 percentage points from the gross profit margin of the previous quarter and a decrease of 5.69 percentage points from the gross profit margin of the same period last year. The latest ROE was -0.92%, a decrease of 0.96 percentage points from the same period last year.

The company's diluted earnings per share were -0.03 yuan.

The company's latest total asset turnover ratio was 0.11 times, an increase of 0.03 times over the same period last year, and an increase of 38.22% over the same period last year. The latest inventory turnover ratio was 1.24 times, a decrease of 0.03 times from the same period last year, and a decrease of 2.28% from the same period last year.

The number of shareholders of the company is 44,800, and the number of shares held by the top ten shareholders is 1.019 billion shares, accounting for 52.80% of the total share capital