恒通股份(603223) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 313,454,360.49, a decrease of 52.70% compared to CNY 662,649,998.99 in the same period last year[4] - Net profit attributable to shareholders increased by 51.62% to CNY 42,549,915.43 from CNY 28,063,348.77 year-on-year[4] - Basic and diluted earnings per share both increased by 50.00% to CNY 0.06 from CNY 0.04 year-on-year[4] - Net profit for Q1 2025 reached CNY 41,939,980.21, an increase of 51.3% from CNY 27,753,607.42 in Q1 2024[18] - Total operating revenue for Q1 2025 was CNY 313,454,360.49, a decrease of 52.8% compared to CNY 662,649,998.99 in Q1 2024[17] - Total operating costs for Q1 2025 were CNY 264,426,038.39, down 58.0% from CNY 630,596,555.03 in Q1 2024[17] Cash Flow and Liquidity - The net cash flow from operating activities improved by 46.35%, reaching CNY -94,542,335.09, compared to CNY -176,227,813.18 in the previous year[4] - Cash inflow from operating activities in Q1 2025 was CNY 541,899,486.69, a decrease of 30.9% from CNY 784,874,041.23 in Q1 2024[21] - The company's cash and cash equivalents decreased to RMB 1,475,885,596.42 from RMB 1,797,241,271.33, reflecting a decline of approximately 17.9%[13] - The ending balance of cash and cash equivalents was $1.34 billion, down from $1.54 billion, reflecting a net decrease of $337.53 million in cash and cash equivalents[22] - The company reported a total cash outflow from operating activities of $636.44 million, compared to $961.10 million in the previous period, showing a significant reduction[22] Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,580,224,161.83, reflecting a 1.23% increase from CNY 5,512,628,611.93 at the end of the previous year[5] - Total liabilities as of the end of the reporting period were CNY 1,683,487,704.92, an increase from CNY 1,658,502,996.11 year-over-year[16] - The company's short-term borrowings rose to RMB 60,000,000.00 from RMB 26,948,789.44, marking an increase of about 122.5%[14] - The total liabilities increased, with accounts payable at RMB 430,641,326.44, down from RMB 512,707,700.40, a decrease of approximately 15.9%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,562[9] - Major shareholder Nanshan Group holds 41.30% of shares, with 294,944,408 shares, of which 160,996,646 are pledged[9] - Total equity attributable to shareholders was CNY 3,836,094,413.96, up from CNY 3,792,873,637.65 in the previous year[16] Operational Highlights - The company experienced a significant decline in LNG sales volume, down approximately 60%, impacting overall revenue[7] - The increase in net profit was attributed to the operation of a new terminal at Yulong Port, contributing positively to the main business[7] Investment and Other Financial Activities - The company reported a significant increase in investment losses, reporting a loss of CNY 1,859,780.07 in Q1 2025 compared to a gain of CNY 1,318,769.50 in Q1 2024[17] - The company incurred $8.93 million in cash payments for dividends and interest, an increase from $4.17 million, reflecting higher financial obligations[22] - The cash inflow from investment activities totaled $7.11 million, slightly up from $6.02 million, indicating a stable investment recovery[22] Accounting Practices - The company will not apply new accounting standards starting from 2025, maintaining current reporting practices[23]