禾望电气(603063) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 reached ¥773,511,138.40, representing a 41.02% increase compared to ¥548,501,652.21 in the same period last year[3] - Net profit attributable to shareholders was ¥105,360,974.25, a significant increase of 90.35% from ¥55,351,170.94 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥97,007,050.07, up 36.81% from ¥70,904,933.60 in the previous year[3] - The basic earnings per share doubled to ¥0.24 from ¥0.12, reflecting a 100% increase[3] - The weighted average return on equity improved to 2.37%, an increase of 0.98 percentage points from 1.39%[3] - The net profit for Q1 2025 was CNY 106,217,803.39, a significant increase from CNY 62,410,046.74 in Q1 2024, representing a growth of approximately 70.3%[16] - The total comprehensive income for Q1 2025 was CNY 106,162,744.42, compared to CNY 62,410,431.97 in Q1 2024, marking an increase of approximately 70.3%[16] - The company’s operating profit for Q1 2025 was CNY 116,376,341.13, an increase from CNY 77,800,471.50 in Q1 2024, representing a growth of about 49.4%[16] Cash Flow and Liquidity - The net cash flow from operating activities improved by 78.44%, reaching -¥68,133,547.94 compared to -¥315,978,026.80 in the previous year[3] - The cash flow from operating activities showed a net outflow of CNY 68,133,547.94 in Q1 2025, an improvement from a net outflow of CNY 315,978,026.80 in Q1 2024[18] - The company reported a cash and cash equivalents balance of CNY 1,172,054,513.17 at the end of Q1 2025, up from CNY 482,687,306.78 at the end of Q1 2024[19] - Cash and cash equivalents as of March 31, 2025, totaled CNY 1,639,569,477.82, compared to CNY 1,459,889,179.35 at the end of 2024[11] - Investment activities resulted in a net cash outflow of CNY 8,852,539.56 in Q1 2025, compared to a much larger outflow of CNY 121,810,474.36 in Q1 2024[19] - Financing activities generated a net cash inflow of CNY 287,909,664.08 in Q1 2025, compared to CNY 106,660,984.26 in Q1 2024, reflecting a strong financing position[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,260,708,121.55, a 3.90% increase from ¥7,950,716,228.10 at the end of the previous year[4] - Total assets increased to CNY 8,260,708,121.55 as of March 31, 2025, from CNY 7,950,716,228.10 at the end of 2024[14] - Total liabilities decreased slightly to CNY 3,530,065,559.09 from CNY 3,548,650,770.36 in the previous period[13] - The company reported non-recurring gains totaling ¥8,353,924.18, after accounting for tax effects[6] - The company’s total equity rose to CNY 4,730,642,562.46, up from CNY 4,402,065,457.74 at the end of 2024[14] Shareholder Information - Shareholder equity attributable to the parent company increased by 7.62% to ¥4,629,321,254.92 from ¥4,301,600,979.34[4] - The number of common shareholders at the end of the reporting period was 29,537[8] Operating Costs and Expenses - Total operating costs for Q1 2025 were CNY 680,277,856.84, up 40.41% from CNY 484,518,017.70 in Q1 2024[15] - Operating costs included CNY 476,433,961.19 in cost of goods sold, which rose from CNY 314,991,831.50 in the previous year[15] - R&D expenses for Q1 2025 amounted to CNY 74,091,068.73, slightly increasing from CNY 73,368,614.20 in Q1 2024[15] Inventory and Borrowings - Inventory as of March 31, 2025, was CNY 902,625,900.15, an increase from CNY 817,634,129.83 in the previous year[12] - Short-term borrowings increased to CNY 60,000,000.00 from CNY 30,000,000.00 at the end of 2024[13]