Revenue and Profitability - The company's revenue for Q1 2025 was CNY 470,703,009.57, representing a 19.25% increase compared to CNY 394,707,255.02 in the same period last year[5] - Net profit attributable to shareholders decreased by 48.90% to CNY 17,031,941.87 from CNY 33,329,636.28 year-on-year[5] - Basic and diluted earnings per share both dropped by 50.00% to CNY 0.05 from CNY 0.10[5] - Total operating revenue for the current period reached ¥470,703,009.57, an increase of 19.2% compared to ¥394,707,255.02 in the previous period[17] - Net profit for the current period was ¥17,031,941.87, a decrease of 48.9% from ¥33,329,636.28 in the previous period[18] - Earnings per share (EPS) for the current period was ¥0.05, down from ¥0.10 in the previous period[18] Cash Flow and Investments - The net cash flow from operating activities was negative at CNY -119,955,149.82, a decline of 227.02% compared to CNY -36,681,164.13 in the previous year[5] - Operating cash flow for the current period was -119,955,149.82 CNY, a decline from -36,681,164.13 CNY in the previous period, indicating a worsening cash flow situation[19] - Total cash inflow from investment activities was 112,755,028.03 CNY, compared to 81,689,387.05 CNY in the previous period, showing a significant increase of approximately 38%[19] - Cash outflow from investment activities totaled 175,154,540.03 CNY, up from 123,985,474.21 CNY, resulting in a net cash flow from investment activities of -62,399,512.00 CNY, worsening from -42,296,087.16 CNY[19] - Cash inflow from financing activities was 168,000,000.00 CNY, an increase from 80,000,000.00 CNY in the previous period, reflecting a growth of 110%[20] - Net cash flow from financing activities improved to 137,299,833.33 CNY, compared to 79,429,782.33 CNY previously, indicating a positive trend[20] - Cash inflow from sales of goods and services was 398,114,029.45 CNY, down from 452,333,023.23 CNY, indicating a decrease of about 12%[19] - Total cash outflow from operating activities was 519,775,771.95 CNY, compared to 490,642,787.95 CNY in the previous period, reflecting an increase of approximately 6%[19] - The ending cash and cash equivalents balance decreased to 99,525,391.18 CNY from 224,797,981.10 CNY, representing a decline of approximately 56%[20] Assets and Liabilities - Total assets increased by 1.14% to CNY 3,612,128,866.66 from CNY 3,571,405,137.25 at the end of the previous year[5] - Total liabilities rose to ¥1,335,866,549.76, up from ¥1,313,024,647.37 in the prior period[16] - Total equity attributable to shareholders increased to ¥2,276,262,316.90, compared to ¥2,258,380,489.88 in the previous period[16] - Total current assets increased to CNY 1,000,712,193.72 from CNY 898,506,117.12, reflecting a growth of approximately 11.1%[14] - Cash and cash equivalents decreased to CNY 195,355,311.11 from CNY 229,756,286.42, a decline of about 14.9%[14] - The company’s fixed assets increased significantly to CNY 1,943,557,259.56 from CNY 847,256,014.48, indicating a growth of approximately 129%[14] Income and Expenses - Total operating costs amounted to ¥455,735,069.44, up 26% from ¥361,733,662.14 in the prior period[17] - Research and development expenses were ¥12,617,953.66, an increase of 16.6% from ¥10,820,632.11 in the previous period[17] - The company reported a financial expense of ¥141,247.49, a significant improvement from a financial income of -¥684,287.18 in the previous period[17] - Deferred income tax liabilities increased to ¥27,950,296.69 from ¥25,867,857.10 in the previous period[16] Other Key Developments - The company reported a significant increase in trading financial assets, which rose by 109.55% to CNY 130,285,600.00 due to increased structured deposits[10] - Accounts receivable increased by 301.05% to CNY 1,036,500.00, influenced by the credit rating of bank acceptance bills[10] - Investment income surged by 3,499.01% to CNY 4,794,500.00, primarily due to increased returns from financial products[10] - The company experienced a 40.68% increase in other income, totaling CNY 4,665,200.00, attributed to deferred income growth[10] - The company completed the energy-saving and environmental upgrade project for synthetic ammonia production, entering the trial production phase as planned[12] - The company plans to continue its investment in R&D, which has contributed to increased expenses and depreciation of fixed assets[7] - The company plans to continuously optimize production processes and equipment to achieve full production capacity[12] - The company has not yet audited the first quarter report, which may affect the reliability of the financial data presented[21]
华尔泰(001217) - 2025 Q1 - 季度财报