HOLSIN(SH:603909)2025-04-25 08:20Financial Performance - The company's operating revenue for Q1 2025 was ¥1,539,976,178.12, a decrease of 5.52% compared to ¥1,629,981,228.09 in the same period last year[5] - Net profit attributable to shareholders was ¥20,206,757.14, down 9.59% from ¥22,350,804.88 year-on-year[5] - The company reported a decrease in net profit after deducting non-recurring gains and losses to ¥18,651,562.19, down 8.65% from ¥20,416,769.34[5] - Net profit for Q1 2025 was approximately ¥26.07 million, a decrease of 12.5% from ¥29.62 million in Q1 2024[24] - The total comprehensive income for the first quarter of 2025 was CNY 26,071,025.46, compared to CNY 29,617,699.95 in the first quarter of 2024, representing a decrease of approximately 12.5%[25] Cash Flow - The net cash flow from operating activities was -¥236,152,982.16, a significant decline of 280.06% compared to -¥62,135,226.19 in the previous year[5] - The cash flow from operating activities was negatively impacted by reduced collections from construction projects and increased costs[7] - The net cash flow from operating activities for Q1 2025 was negative CNY 236,152,982.16, compared to negative CNY 62,135,226.19 in Q1 2024, indicating a significant decline in operational cash flow[28] - Cash received from the sale of goods and services in Q1 2025 was CNY 1,442,849,377.42, down from CNY 1,588,927,026.78 in Q1 2024, reflecting a decrease of about 9.2%[27] - The total cash outflow from operating activities in Q1 2025 was CNY 1,711,353,558.12, slightly higher than CNY 1,692,850,265.30 in Q1 2024, indicating a marginal increase of about 1.1%[28] - The company experienced a net decrease in cash and cash equivalents of CNY 238,466,818.86 in Q1 2025, compared to a decrease of CNY 78,016,938.49 in Q1 2024, highlighting a worsening cash position[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,501,468,963.07, a decrease of 2.50% from ¥4,616,780,322.11 at the end of the previous year[5] - The total assets decreased to approximately ¥4.50 billion in Q1 2025 from ¥4.62 billion in Q1 2024, a decline of 2.5%[20] - The total liabilities decreased to approximately ¥3.26 billion in Q1 2025 from ¥3.40 billion in Q1 2024, a decline of 4.2%[19] - Accounts receivable increased to approximately ¥1.02 billion in Q1 2025 from ¥0.95 billion in Q1 2024, reflecting a growth of 7.4%[18] Earnings and Shareholder Returns - Basic earnings per share decreased to ¥0.0775 from ¥0.0857, reflecting a decline of 9.57%[5] - The weighted average return on equity was 1.86%, down 0.36 percentage points from 2.22% in the previous year[5] - The company reported a basic and diluted earnings per share of CNY 0.0775 for Q1 2025, down from CNY 0.0857 in Q1 2024, a decrease of approximately 9.6%[25] Contracts and Revenue Growth - The company signed new contracts totaling ¥2.807 billion, representing a year-on-year increase of 171.73%, with ¥2.03 billion from engineering consulting and ¥2.603 billion from engineering construction[14] - The company reported a significant increase in construction revenue, with building construction revenue rising by 257.36% to ¥25.73 million in Q1 2025 from ¥7.20 million in Q1 2024[17] Research and Development - Research and development expenses increased to approximately ¥10.42 million in Q1 2025 from ¥9.09 million in Q1 2024, indicating a growth of 14.6%[24] Future Plans - The company plans to focus on expanding its engineering management and construction services in the upcoming quarters[17] Audit Status - The company has not yet audited the financial statements for Q1 2025[5]