HACL(SH:600598)2025-04-28 08:30Financial Performance - The company's operating revenue for Q1 2025 was CNY 955,666,697.50, a slight decrease of 0.05% compared to CNY 956,190,486.30 in the same period last year[4] - The net profit attributable to shareholders was CNY 538,641,555.27, down 2.90% from CNY 554,734,945.42 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 509,466,233.35, reflecting a decrease of 7.95% compared to CNY 553,469,863.22 in the previous year[4] - The basic earnings per share for the period was CNY 0.303, a decrease of 2.88% from CNY 0.312 in the same period last year[4] - The diluted earnings per share also stood at CNY 0.303, reflecting the same percentage decrease of 2.88% year-on-year[4] - The weighted average return on equity decreased by 0.46 percentage points to 6.67% from 7.13% in the previous year[4] - Net profit for Q1 2025 was CNY 536.57 million, compared to CNY 553.05 million in Q1 2024, a decrease of 2.97%[19] - The company reported a profit before tax of CNY 541.66 million in Q1 2025, down from CNY 554.68 million in Q1 2024, a decrease of 2.35%[19] Cash Flow and Investments - The net cash flow from operating activities increased by 1.30% to CNY 5,170,051,167.08 from CNY 5,103,494,325.08 year-on-year[4] - Cash flow from operating activities generated a net amount of CNY 5.17 billion in Q1 2025, compared to CNY 5.10 billion in Q1 2024, an increase of 1.3%[21] - Cash flow from investing activities showed a net outflow of CNY 3.65 billion in Q1 2025, compared to a net outflow of CNY 320.04 million in Q1 2024[22] - The net cash flow from investment activities was -CNY 3,650,394,919.42, compared to -CNY 319,990,937.37 in Q1 2024, indicating increased investment outflows[30] - The company reported a net increase in cash and cash equivalents of CNY 1,509,412,245.57, down from CNY 4,768,329,627.91 in Q1 2024[30] - Total cash inflow from financing activities was CNY 4,227,059.47, with cash outflows totaling CNY 3,598,233.63, resulting in a net cash flow of CNY 628,825.84[30] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 14,966,143,417.95, representing a significant increase of 66.75% from CNY 8,975,122,997.23 at the end of the previous year[5] - The company's current assets amounted to CNY 10.01 billion, up from CNY 3.97 billion at the end of 2024, indicating a growth of about 152.5%[14] - Total liabilities rose to CNY 6.82 billion, up from CNY 1.38 billion, which is an increase of approximately 393.5%[16] - The total liabilities increased to CNY 6.36 billion, compared to CNY 890.20 million at the end of 2024, indicating a substantial rise in financial obligations[26] - The company's equity attributable to shareholders reached CNY 8.35 billion, compared to CNY 7.80 billion at the end of 2024, showing an increase of about 7.1%[16] - The total equity increased to CNY 8.45 billion, compared to CNY 7.92 billion at the end of 2024, reflecting a growth of 6.7%[27] Inventory and Costs - Total operating costs increased to CNY 448.05 million in Q1 2025 from CNY 408.38 million in Q1 2024, an increase of 9.7%[18] - The company's inventory surged to CNY 934.57 million, compared to CNY 159.70 million at the end of 2024, marking an increase of around 485.5%[14] - The company's inventory increased to CNY 903.51 million, a significant rise from CNY 134.96 million at the end of 2024[24] - Payments for goods and services decreased to CNY 428,303,444.90 from CNY 586,255,273.30 in the previous year, reflecting improved cost management[29] - Employee compensation payments increased to CNY 391,830,547.60, up from CNY 337,782,218.12 in Q1 2024, indicating a focus on workforce investment[29] Research and Development - Research and development expenses for Q1 2025 were CNY 16.43 million, up 12.7% from CNY 14.58 million in Q1 2024[28] Other Financial Metrics - The company reported non-recurring gains totaling CNY 29,175,321.92 for the period[7] - Other comprehensive income after tax for Q1 2025 was CNY 19.03 million, compared to a loss of CNY 6.52 million in Q1 2024[19] - The company received CNY 5,415,330,308.90 in cash from sales of goods and services, slightly down from CNY 5,434,663,968.47 in Q1 2024[29] - The company did not report any cash inflows from new investments or acquisitions during this quarter[30] - The company has not reported any changes in the participation of major shareholders in margin trading and securities lending activities during the reporting period[12]