HDAA(600316)2025-04-28 09:05Financial Performance - Operating revenue for Q1 2025 reached ¥509,747,821.94, a 90.56% increase compared to ¥267,495,150.78 in the same period last year[4] - Net profit attributable to shareholders was -¥8,536,226.24, showing an improvement from -¥9,282,163.86 year-on-year[4] - The total comprehensive income for Q1 2025 was approximately -¥1.86 million, an improvement from -¥12.70 million in Q1 2024, reflecting better overall financial performance[20] - The net profit for Q1 2025 was a loss of approximately ¥8.54 million, slightly improved from a loss of ¥9.28 million in Q1 2024, indicating a reduction in losses[20] Cash Flow and Liquidity - Net cash flow from operating activities improved to ¥16,178,251.55, a significant recovery from -¥359,686,589.39 in the previous year[4] - Operating cash flow for Q1 2025 was positive at approximately ¥16.18 million, contrasting with a negative cash flow of ¥359.69 million in Q1 2024, showing a recovery in operational efficiency[21] - Cash and cash equivalents at the end of Q1 2025 totaled approximately ¥183.20 million, an increase from ¥394.77 million at the end of Q1 2024, indicating improved liquidity[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥15,417,572,569.49, a slight increase of 0.38% from ¥15,358,973,279.99 at the end of the previous year[5] - Total liabilities as of March 31, 2025, were RMB 10,082,795,267.63, slightly up from RMB 10,024,596,865.51 at the end of 2024[16] - The company's current assets totaled RMB 13,610,299,362.65 as of March 31, 2025, compared to RMB 13,536,757,422.57 at the end of 2024, reflecting a slight increase[15] - The company's accounts payable rose to RMB 4,691,558,456.60 as of March 31, 2025, compared to RMB 4,416,183,774.91 at the end of 2024, reflecting an increase of approximately 6.2%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 65,392[10] - The largest shareholder, China Aviation Technology Industry Group, holds 43.77% of the shares, totaling 313,883,294 shares[11] Expenses - Sales expenses surged by 139.34%, primarily due to an increase in sales personnel[9] - Management expenses rose by 44.75%, mainly attributed to higher employee compensation[9] - The total operating expenses for Q1 2025 were approximately ¥514.15 million, compared to ¥278.84 million in Q1 2024, reflecting increased operational costs[20] Research and Development - Research and development expenses for Q1 2025 were approximately ¥8.98 million, down from ¥10.91 million in Q1 2024, indicating a potential shift in investment strategy[20] Financial Management - The company incurred a financial expense of approximately -¥350,938.37 in Q1 2025, compared to -¥1.55 million in Q1 2024, suggesting improved financial management[20] Equity - The total equity of the company was RMB 5,334,777,301.86 as of March 31, 2025, compared to RMB 5,334,376,414.48 at the end of 2024, indicating a stable equity position[16]