恒工精密(301261) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥237,586,062.66, a decrease of 2.12% compared to ¥242,736,598.76 in the same period last year[5] - Net profit attributable to shareholders was ¥19,950,648.01, down 36.00% from ¥31,172,603.56 year-on-year[5] - Basic earnings per share decreased by 34.29% to ¥0.23 from ¥0.35 in the same quarter last year[5] - Total operating revenue for the current period was ¥237,586,062.66, a decrease of 2.4% from ¥242,736,598.76 in the previous period[22] - Net profit for the current period was ¥19,950,648.01, down 36.2% from ¥31,172,603.56 in the previous period[24] Cash Flow - The net cash flow from operating activities was -¥70,555,602.42, a significant decline of 1,908.66% compared to -¥3,512,566.53 in the previous year[5] - Operating cash inflow totaled $139.97 million, down 27.2% from $192.48 million in the previous period[26] - Operating cash outflow increased to $210.52 million, compared to $195.99 million in the prior period, resulting in a net cash flow from operating activities of -$70.56 million[26] - Investment cash inflow decreased significantly to $133.61 million from $297.57 million, while investment cash outflow was $400.35 million, leading to a net cash flow from investing activities of -$266.74 million[26] - Financing cash inflow was $653.81 million, slightly down from $663.74 million, while financing cash outflow increased to $320.42 million from $145.61 million, resulting in a net cash flow from financing activities of $333.39 million[27] - The net increase in cash and cash equivalents was -$3.40 million, compared to an increase of $81.84 million in the previous period[27] - The ending balance of cash and cash equivalents was $114.46 million, down from $393.74 million at the end of the previous period[27] - The company reported a significant increase in cash paid to employees, totaling $51.58 million, compared to $32.58 million in the prior period[26] - Cash received from investment recoveries was $130 million, down from $295.96 million in the previous period[26] Assets and Liabilities - Total assets increased by 14.05% to ¥3,122,224,238.04 from ¥2,737,629,900.00 at the end of the previous year[5] - Total liabilities rose to ¥1,588,512,306.07, compared to ¥1,222,609,228.17 in the previous period, reflecting a significant increase[21] - The company's total current assets increased to CNY 1,660,890,349.16 from CNY 1,297,863,998.78, reflecting a growth of approximately 28%[19] - Cash and cash equivalents rose to CNY 213,981,096.57 from CNY 172,674,909.11, an increase of about 24%[19] - The inventory balance increased to CNY 221,659,351.16 from CNY 210,445,944.71, showing a growth of approximately 5.8%[19] - Long-term equity investments increased to CNY 79,466,895.56 from CNY 68,953,018.24, representing a growth of about 15%[19] - Long-term borrowings decreased to ¥46,000,000.00 from ¥102,000,000.00, indicating a reduction in long-term debt obligations[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,877[15] - The largest shareholder, Hebei Jiegong Enterprise Management Co., holds 56.32% of shares, totaling 49,500,000 shares[15] - The company has no preferred shareholders or significant changes in restricted shares[17] - The company has not reported any changes in the top 10 shareholders' participation in margin financing and securities lending[16] - The total number of shares held by the top 10 shareholders does not indicate any related party transactions or concerted actions[16] Research and Development - Research and development expenses rose to ¥9,094,814.52, an increase of 19.0% compared to ¥7,642,816.17 in the previous period[22] - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[18] Other Information - The company has experienced a 950.51% increase in asset impairment losses, totaling -¥12,658,578.40 compared to -¥1,204,989.98 in the same period last year[12] - The company reported a 272.55% increase in investment income, amounting to ¥14,537,481.64 compared to ¥3,902,198.97 in the previous year[12] - The company's cash flow statement indicates a need for improved cash management strategies moving forward[25] - The company did not conduct an audit for the first quarter report[28] - The board of directors meeting was held on April 29, 2025[29]