Huafon Aluminium(SH:601702)2025-04-18 11:35Financial Performance - The company's operating revenue for Q1 2025 was CNY 2,904,589,810.86, representing a 22.97% increase compared to CNY 2,361,992,656.67 in the same period last year[4]. - Net profit attributable to shareholders was CNY 266,277,182.08, a 5.00% increase from CNY 253,595,897.52 year-on-year[4]. - Basic and diluted earnings per share increased to CNY 0.27, up 8.00% from CNY 0.25 in the same quarter last year[5]. - Total operating revenue for Q1 2025 reached ¥2,904,589,810.86, a 23% increase from ¥2,361,992,656.67 in Q1 2024[18]. - Net profit for Q1 2025 was ¥266,240,454.97, representing a 5% increase compared to ¥253,572,462.16 in Q1 2024[19]. - Operating profit for Q1 2025 reached CNY 182,672,169.05, up from CNY 153,331,432.72 in the same period last year, reflecting a growth of 19.19%[29]. - The total comprehensive income for Q1 2025 was CNY 156,027,886.43, an increase of 19.93% from CNY 130,098,316.87 in Q1 2024[29]. Cash Flow - The net cash flow from operating activities decreased significantly by 218.46%, resulting in a negative cash flow of CNY -301,826,851.68, compared to a positive CNY 254,789,312.12 in the previous year[4][8]. - Cash flow from operating activities generated a net amount of CNY 17,727,096.74 in Q1 2025, a significant decrease of 70.96% from CNY 61,039,408.74 in Q1 2024[31]. - The company incurred a net cash outflow from investing activities of CNY 43,323,186.94, compared to a net outflow of CNY 53,612,539.02 in the previous period[24]. - The net cash flow from financing activities was CNY 192,984,778.17, a significant improvement from a net outflow of CNY 52,276,198.15 in the previous period[24]. - The company reported a net cash outflow from financing activities of CNY -116,349,445.32 in Q1 2025, compared to a net inflow of CNY 68,330,468.52 in Q1 2024[32]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,627,179,283.16, reflecting a 4.44% increase from CNY 8,260,356,622.26 at the end of the previous year[5]. - Current assets totaled RMB 6,654,018,764.78 as of March 31, 2025, compared to RMB 6,312,191,254.71 at the end of 2024, indicating an increase of about 5.43%[14]. - Total current liabilities amounted to RMB 2,677,095,008.08, compared to RMB 2,573,238,297.18, indicating an increase of approximately 4.03%[15]. - The total liabilities of the company increased to RMB 2,827,933,501.38 from RMB 2,727,384,638.55, reflecting a growth of about 3.69%[15]. - Total liabilities increased to CNY 2,399,949,968.39 from CNY 2,322,585,494.40, marking a rise of 3.3%[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,385, with the largest shareholder, Huafeng Group Co., Ltd., holding 55.14% of the shares[10]. - Shareholders' equity attributable to the parent company rose to CNY 5,799,228,221.70, marking a 4.81% increase from CNY 5,532,919,865.35[5]. - Total equity attributable to shareholders rose to ¥5,799,228,221.70, up from ¥5,532,919,865.35[16]. Inventory and Receivables - The increase in cash outflow from operating activities was primarily due to a rise in inventory for process turnover[8]. - Accounts receivable stood at RMB 1,761,565,687.40, down from RMB 1,826,241,144.96, showing a decrease of about 3.54%[14]. - Inventory increased to RMB 2,846,909,438.90 from RMB 2,566,261,894.92, marking a rise of approximately 10.95%[14]. - The company reported a decrease in other receivables from RMB 1,326,376.25 to RMB 563,249.35, a decline of approximately 57.53%[14]. Research and Development - The company reported a decrease in research and development expenses to ¥54,835,189.61 from ¥58,425,754.38 year-over-year[19]. - Research and development expenses for Q1 2025 were CNY 32,327,241.51, slightly down from CNY 34,970,212.59 in Q1 2024[28].