HAOYANG(SZ:300833)2025-04-24 11:20Revenue and Profitability - The company's revenue for Q1 2025 was ¥289,849,234.92, representing a decrease of 8.04% compared to ¥315,180,863.79 in the same period last year[4] - Net profit attributable to shareholders was ¥53,258,471.23, down 47.04% from ¥100,555,651.30 year-on-year[4] - Basic and diluted earnings per share decreased by 47.04% to ¥0.4210 from ¥0.7950 in the same period last year[4] - Operating profit decreased significantly to ¥63,817,633.35 from ¥120,532,355.51, a decline of approximately 47.10% year-over-year[22] - Net profit for the period was ¥53,964,220.91, down from ¥101,534,624.54, indicating a decrease of around 47.80% year-over-year[22] - The total comprehensive income attributable to the parent company was CNY 63,041,805.18, down from CNY 97,210,405.38, indicating a decrease of about 35%[23] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 264.59%, reaching ¥30,277,220.52, compared to a negative cash flow of ¥18,395,292.82 in the previous year[4] - Cash inflows from operating activities totaled CNY 334,223,007.85, an increase from CNY 243,653,074.76, marking a growth of about 37%[26] - The net cash flow from investing activities was CNY 119,921,780.89, a turnaround from a net outflow of CNY 10,027,648.31 in the previous period[26] - The net increase in cash and cash equivalents was ¥150,277,961.22, reflecting an increase of 800.31% compared to a decrease of ¥21,458,809.10 in the previous year[10] - The ending balance of cash and cash equivalents was CNY 990,573,024.84, down from CNY 1,098,392,288.34 in the previous period[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,736,250,540.52, a slight increase of 0.59% from ¥2,720,279,261.90 at the end of the previous year[4] - Total liabilities decreased to ¥228,519,736.61 from ¥276,296,012.85, a reduction of approximately 17.34%[19] - Total equity increased to ¥2,507,730,803.91 from ¥2,443,983,249.05, reflecting an increase of about 2.61%[19] Expenses - Total operating costs increased to ¥225,083,729.05 from ¥199,715,366.32, reflecting an increase of about 12.66% year-over-year[22] - Management expenses increased by 33.21% to ¥25,601,629.06, attributed to higher compensation for management personnel[9] - Research and development expenses rose to ¥20,058,596.67 from ¥15,745,562.02, an increase of approximately 27.63% year-over-year[22] - The company recorded a 434.34% increase in other expenses, amounting to ¥1,024,717.83, mainly due to increased charitable donations[10] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,780, with no preferred shareholders having restored voting rights[11] - The top shareholder, Jiang Weikai, holds 36.70% of the shares, amounting to 46,415,812 shares[11] - The second-largest shareholder, Lin Su, owns 11.99% of the shares, totaling 15,165,562 shares[11] - The total number of shares held by the top 10 shareholders accounts for a significant portion of the company's equity, with Jiang Weikai, Jiang Weiquan, and Jiang Weihong being related parties[12] - The company has a total of 45,230,427 restricted shares, with 1,784 shares released during the reporting period[15] Inventory and Other Assets - The company reported a significant increase in other receivables, which rose by 108.02% to ¥42,658,767.93, primarily due to increased guarantee deposits[8] - Inventory increased to ¥276,266,562.30 from ¥271,743,818.03, reflecting a growth of approximately 1.93% year-over-year[18] - Cash and cash equivalents decreased to ¥511,984,813.18 from ¥702,365,187.74, a decline of about 27.14%[18] Audit and Compliance - The company did not undergo an audit for the first quarter report[28]