华通线缆(605196) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,535,841,463.06, representing an increase of 11.25% compared to CNY 1,380,484,308.41 in the same period last year[4] - Net profit attributable to shareholders decreased by 53.79% to CNY 41,705,783.53 from CNY 90,243,578.81 year-on-year[4] - Basic and diluted earnings per share dropped by 55.56% to CNY 0.08 from CNY 0.18 in the same period last year[4] - The total comprehensive income for the period was CNY 47,469,444.42, a decrease from CNY 86,714,780.39 in the previous year[25] - Net profit for Q1 2025 was ¥41,310,657.13, a decrease of 54.2% from ¥90,196,422.89 in Q1 2024[24] Cash Flow - The net cash flow from operating activities increased by 89.16% to CNY 58,916,761.14, compared to CNY 31,145,937.02 in the previous year[4] - Cash inflow from operating activities was CNY 1,648,990,980.88, compared to CNY 1,347,450,917.37 in the previous year, representing an increase of approximately 22.4%[27] - Net cash flow from financing activities was CNY 431,929,296.54, compared to CNY 188,926,637.58 in the same quarter last year, indicating a substantial increase[29] - The cash and cash equivalents at the end of the period amounted to CNY 660,075,749.37, up from CNY 626,654,383.00 year-over-year[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,695,086,277.40, an increase of 8.59% from CNY 7,086,105,400.13 at the end of the previous year[4] - Current assets totaled ¥4,958,728,362.37, reflecting a growth of 3.6% from ¥4,786,389,277.32[19] - Current liabilities rose to ¥3,822,646,237.94, an increase of 26.4% from ¥3,025,976,472.20[20] - The company's total equity attributable to shareholders increased to ¥3,199,890,092.86 as of March 31, 2025, compared to ¥3,148,209,055.93 at the end of 2024[20] Expenses - Total operating costs for Q1 2025 were ¥1,485,968,007.94, up 16.6% from ¥1,274,257,004.80 in Q1 2024[24] - Research and development expenses increased by 75.43%, indicating a significant investment in new product and technology development[8] - Research and development expenses for Q1 2025 were ¥26,916,673.34, significantly higher than ¥15,343,257.92 in Q1 2024, indicating a focus on innovation[24] - Financial expenses surged by 129.35%, primarily due to increased interest expenses and exchange rate fluctuations[8] - The company experienced a 93.56% increase in taxes and surcharges, mainly due to higher urban construction tax and education fees[8] Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,982[11] - The largest shareholder, Zhang Wenyong, holds 85,199,100 shares, representing 16.66% of total shares[11] - The top 10 shareholders collectively hold a significant portion of shares, with the top two shareholders (Zhang Wenyong and Zhang Wendong) holding a combined 31.13%[12] - The company has no changes in the shareholding structure due to securities lending or borrowing activities[12] Fundraising and Projects - The company has completed the fundraising project for "new aluminum alloy composite and data center dedicated distribution cables" with a total investment of 237.046 million RMB, and has spent 236.4677 million RMB as of April 25, 2025[15] - The R&D center construction project has been terminated, and the remaining funds will be permanently supplemented for working capital, totaling 8.19526 million RMB[14] - The company plans to use the surplus fundraising for daily operations and business development, complying with regulations from the CSRC and Shanghai Stock Exchange[15] - The fundraising for the "new aluminum alloy composite and data center dedicated distribution cables" project is expected to be fully utilized by March 2025[14] - The company has a total of 5,000,000 RMB allocated for working capital, which has been adjusted to 8,195,260 RMB[14] - The company has confirmed that all fundraising projects have been completed and will not change the intended use of funds[15]