HLADI(SZ:300649)2025-04-22 11:30Financial Performance - The company's operating revenue for Q1 2025 was ¥31,329,128.44, a decrease of 52.27% compared to ¥65,635,945.88 in the same period last year[5] - The net profit attributable to shareholders was -¥8,878,763.75, representing a decline of 209.42% from a profit of ¥8,114,216.45 in the previous year[5] - The net cash flow from operating activities was -¥92,014,008.09, a significant drop of 477.89% compared to -¥15,922,423.15 in the same period last year[5] - Net profit for the period was a loss of ¥9,044,433.55 compared to a profit of ¥8,000,246.23 in the previous period, indicating a significant downturn[18] - Basic and diluted earnings per share were both reported at -¥0.07, compared to ¥0.06 in the previous period[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥884,839,498.12, down 11.65% from ¥1,001,521,131.15 at the end of the previous year[5] - The company's total liabilities decreased from CNY 501,276,709.31 to CNY 393,639,509.83, representing a reduction of about 21.5%[15] - Current assets decreased from CNY 690,740,984.46 to CNY 570,632,816.20, a decline of approximately 17.3%[14] - The company's total equity decreased from CNY 500,244,421.84 to CNY 491,199,988.29, reflecting a decline of about 1.1%[16] Cash Flow - The company reported a net cash outflow from operating activities of ¥92,014,008.09, worsening from a cash outflow of ¥15,922,423.15 in the prior period[21] - Cash and cash equivalents at the end of the period stood at ¥96,129,567.19, down from ¥115,951,657.69 at the end of the previous period[22] - The company experienced a net cash outflow from financing activities of ¥132,704.59, compared to a net outflow of ¥189,350.72 in the previous period[22] Investment Activities - The net cash flow from investment activities decreased by 1465.17%, primarily due to an investment of ¥5 million by a subsidiary[9] - The total cash outflow from investing activities was ¥5,062,699.12, compared to ¥323,441.60 in the prior period, indicating increased investment activity[21] - The company recorded an investment loss of ¥1,014,841.47, contrasting with an investment gain of ¥2,594,825.98 in the previous period[17] Shareholder Information - The total number of common shareholders at the end of the reporting period was 10,962[10] Government and Legal Matters - The company received government subsidies amounting to ¥2,710,000.00 during the reporting period[7] - The company is pursuing legal action against Qionghai Agricultural and Rural Bureau for overdue project payments totaling CNY 42,042,281, with additional overdue interest of CNY 59,618,461.42[12] Compliance and Regulatory Issues - The company has completed rectification work following a warning from the Zhejiang Securities Regulatory Bureau regarding compliance issues[13] - The company has not received updates on the investigation by Nanchang Housing and Urban-Rural Development Bureau as of the reporting date[13] Research and Development - Research and development expenses decreased to ¥2,236,674.39 from ¥3,263,550.57, a decline of approximately 31.5% year-over-year[17] Revenue and Costs - Total operating revenue decreased to ¥31,329,128.44 from ¥65,635,945.88, representing a decline of approximately 52.3% year-over-year[17] - Total operating costs decreased to ¥33,256,171.02 from ¥57,244,841.22, a reduction of about 41.9% year-over-year[17]