HDECL(SH:600726)2025-04-24 14:15Financial Performance - The company's operating revenue for Q1 2025 was ¥5,156,522,446.07, a decrease of 3.70% compared to ¥5,354,429,849.25 in the same period last year[5] - Net profit attributable to shareholders increased by 12.94% to ¥477,014,902.55 from ¥422,353,003.95 year-on-year[5] - Basic and diluted earnings per share rose by 20.00% to ¥0.06 from ¥0.05 in the same period last year[5] - The net profit for Q1 2025 reached CNY 206,076,664.30, compared to CNY 110,556,357.91 in Q1 2024, representing an increase of 86.2%[33] - Operating profit for Q1 2025 was CNY 828,418,938.51, down from CNY 903,025,067.46 in Q1 2024, reflecting a decline of approximately 8.27%[21] - Total comprehensive income for Q1 2025 was CNY 682,757,007.72, compared to CNY 721,134,172.44 in Q1 2024, indicating a decrease of about 5.3%[22] Cash Flow - The net cash flow from operating activities improved significantly to ¥325,577,557.33, compared to a negative cash flow of ¥51,610,347.76 in the previous year[5] - Cash flow from operating activities for Q1 2025 was CNY 325,577,557.33, a significant improvement compared to a negative cash flow of CNY 51,610,347.76 in Q1 2024[26] - Total cash inflow from operating activities in Q1 2025 was $2,795,545,977.99, up from $2,694,950,083.51 in Q1 2024, reflecting a year-over-year increase of approximately 3.7%[35] - The company reported a total cash inflow from operating activities of $2,795,545,977.99, while total cash outflow was $2,740,008,208.62, resulting in a positive cash flow[35] Assets and Liabilities - Total assets at the end of the reporting period were ¥30,965,316,479.28, reflecting a 3.22% increase from ¥30,000,646,542.99 at the end of the previous year[6] - The company's total assets as of March 31, 2025, amounted to CNY 20,478,207,635.92, a slight decrease from CNY 20,532,969,017.91 on December 31, 2024[30] - Total liabilities increased to CNY 24.18 billion from CNY 23.97 billion, with current liabilities at CNY 13.20 billion[16] - The total current liabilities were CNY 8,444,765,894.27 as of March 31, 2025, showing a marginal increase from CNY 8,438,550,447.60 on December 31, 2024[30] Investment and Expenses - Investment income decreased by 67.45%, mainly due to reduced profits from associated companies[7] - The company incurred financial expenses of CNY 154,574,985.59 in Q1 2025, compared to CNY 166,285,960.77 in Q1 2024, a reduction of approximately 7.03%[21] - The company's financial expenses for Q1 2025 were CNY 98,482,424.09, down from CNY 115,375,466.62 in Q1 2024[32] - Cash outflow for purchasing goods and services decreased to $2,236,174,214.68 in Q1 2025 from $2,483,153,480.48 in Q1 2024, representing a reduction of about 9.9%[35] Social Responsibility - The company provided financial assistance of ¥4 million to a local farming company as part of its social responsibility initiatives[11] Research and Development - The company is focusing on research and development, with R&D expenses of CNY 797,482 in Q1 2025, slightly up from CNY 731,593 in Q1 2024[20] Market Strategy - The company plans to continue its market expansion and explore new strategies, although specific details were not disclosed in the conference call[12]