HNTY(SH:600698)2025-04-25 12:50Financial Performance - The company's operating revenue for Q1 2025 was CNY 110,689,040.03, representing a year-on-year increase of 10.08% compared to CNY 100,550,629.98 in the same period last year[4] - The net profit attributable to shareholders of the listed company reached CNY 882,621.16, marking a significant increase of 40.44% from CNY 628,473.01 in the previous year[4] - Basic earnings per share increased by 35.59% to CNY 0.0008 from CNY 0.00059 in the previous year[4] - The net profit for Q1 2025 was CNY 882,621.16, an increase from CNY 628,473.01 in Q1 2024, representing a growth of approximately 40.3%[17] - Basic and diluted earnings per share for Q1 2025 were CNY 0.0008, up from CNY 0.00059 in Q1 2024, indicating an increase of about 35.6%[18] Cash Flow and Operating Activities - The net cash flow from operating activities was negative at CNY -17,891,252.45, a decline of 1,383.58% compared to CNY 1,393,854.80 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was negative at CNY -17,891,252.45, compared to a positive CNY 1,393,854.80 in Q1 2024, reflecting a significant decline[19] - Cash inflow from operating activities totaled CNY 63,333,691.99 in Q1 2025, compared to CNY 66,743,838.99 in Q1 2024, showing a decrease of about 5.7%[19] - Cash outflow from operating activities increased to CNY 81,224,944.44 in Q1 2025, compared to CNY 65,349,984.19 in Q1 2024, indicating a rise of approximately 24.3%[19] - Investment activities resulted in a net cash outflow of CNY -8,568,461.88 in Q1 2025, an improvement from CNY -21,151,071.30 in Q1 2024[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,175,023,819.38, reflecting a 2.56% increase from CNY 1,145,725,584.29 at the end of the previous year[5] - Total liabilities increased to ¥404,897,839.46 as of March 31, 2025, from ¥376,868,709.87 at the end of 2024, representing a rise of 7.43%[14] - The company's cash and cash equivalents decreased to ¥227,712,997.59 from ¥254,014,000.64, a decline of 10.36%[12] - Inventory levels rose to ¥91,164,788.23 as of March 31, 2025, compared to ¥85,197,916.42 at the end of 2024, reflecting a growth of 6.43%[12] - The total equity attributable to shareholders increased to ¥770,125,979.92 as of March 31, 2025, from ¥768,856,874.42 at the end of 2024, a marginal increase of 0.17%[14] Profitability and Costs - Total operating costs for Q1 2025 were ¥112,848,209.27, up from ¥102,941,406.43 in Q1 2024, reflecting a year-over-year increase of 9.25%[16] - The company's gross profit margin decreased, with gross profit for Q1 2025 at ¥-2,159,169.24 compared to ¥-1,390,776.45 in Q1 2024[16] - Research and development expenses for Q1 2025 amounted to ¥3,133,829.88, a slight increase from ¥2,989,725.31 in Q1 2024[16] Non-Recurring Items - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -1,227,962.71, an improvement of 32.59% from CNY -1,821,614.18 in the previous year[4] - Non-recurring gains and losses totaled CNY 2,110,583.87, with government subsidies contributing CNY 1,619,439.88 to this amount[6] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 91,573[9] Other Information - The company reported an increase in product sales, which was a key driver for the rise in revenue and net profit[7] - The company did not report any net profit from subsidiaries prior to the merger in Q1 2025, consistent with Q1 2024[18] - The company is not applying new accounting standards for the first time in 2025[21]