AHHL(SH:600761)2025-04-28 10:10Financial Performance - The company's operating revenue for Q1 2025 was CNY 4,274,423,432.60, a decrease of 2.05% compared to CNY 4,304,754,614.96 in the same period last year[5]. - Net profit attributable to shareholders decreased by 20.05% to CNY 321,845,187.57 from CNY 389,951,211.14 year-on-year[5]. - Basic earnings per share fell by 32.08% to CNY 0.36 from CNY 0.51 in the previous year[5]. - Net profit for Q1 2025 was CNY 362,736,481.05, a decrease of 15.9% from CNY 431,169,021.80 in Q1 2024[16]. - The total comprehensive income attributable to the parent company owners for the first quarter of 2025 was ¥379,620,239.19, down from ¥395,194,913.24 in the same period last year, reflecting a decline of approximately 3.5%[17]. Cash Flow - The net cash flow from operating activities dropped significantly by 51.34% to CNY 162,401,296.87, primarily due to increased cash payments for goods and operating expenses[9]. - The net cash flow from operating activities for the first quarter of 2025 was ¥162,401,296.87, a significant decline of 51.3% from ¥333,779,480.52 in the first quarter of 2024[19]. - Cash inflows from operating activities totaled ¥4,054,879,421.03 in the first quarter of 2025, an increase of 11.1% compared to ¥3,648,295,014.08 in the first quarter of 2024[19]. - The net cash flow from investing activities for the first quarter of 2025 was ¥444,914,408.42, an increase of 57% from ¥282,950,499.83 in the first quarter of 2024[20]. - The company reported a net cash outflow from financing activities of ¥6,456,545.08 in the first quarter of 2025, an improvement compared to a net outflow of ¥137,650,162.55 in the first quarter of 2024[20]. Assets and Liabilities - Total assets increased by 5.28% to CNY 20,114,513,611.17 compared to CNY 19,105,029,338.43 at the end of the previous year[6]. - The company's total assets as of March 31, 2025, amounted to CNY 20,114,513,611.17, compared to CNY 19,105,029,338.43 at the end of 2024, representing a growth of 5.28%[13]. - Total liabilities increased to CNY 8,697,646,198.01 as of March 31, 2025, from CNY 8,098,990,656.95 at the end of 2024, marking a rise of 7.39%[14]. - Current assets totaled CNY 13,441,031,241.77 as of March 31, 2025, compared to CNY 12,788,510,383.13 at the end of 2024, indicating an increase of 5.11%[12]. - The total equity attributable to shareholders increased to CNY 10,658,625,598.76 as of March 31, 2025, from CNY 10,274,507,573.91 at the end of 2024, an increase of 3.74%[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 37,399, with the largest shareholder holding 35.13% of the shares[10]. - The company did not engage in any share lending or borrowing activities during the reporting period[11]. Research and Development - Research and development expenses for Q1 2025 were CNY 264,028,643.72, up from CNY 218,991,485.54 in Q1 2024, reflecting a growth of 20.5%[16]. Acquisitions - The company completed the acquisition of 100% equity in Anhui Haoyun Machinery Co., Ltd. and Anhui Anxin Forklift Co., Ltd. in December 2024, leading to retrospective adjustments in financial data[6]. Other Income - Non-recurring gains and losses for the period included government subsidies of CNY 16,999,843.43 and other income totaling CNY 5,286,722.01[8]. Financial Expenses - The company reported a decrease in financial expenses, with a net financial cost of CNY -56,761,870.03 in Q1 2025 compared to CNY -3,148,148.20 in Q1 2024[16]. Cash and Cash Equivalents - The company's cash and cash equivalents increased to CNY 1,797,660,424.71 as of March 31, 2025, from CNY 1,199,770,683.98 at the end of 2024, a rise of 49.9%[12]. - The total cash and cash equivalents at the end of the first quarter of 2025 amounted to ¥1,713,798,208.39, compared to ¥2,546,943,412.27 at the end of the first quarter of 2024, reflecting a decrease of approximately 32.7%[20]. - The company received cash from investment activities totaling ¥4,035,143,023.99 in the first quarter of 2025, a decrease of 2.9% from ¥4,157,938,598.65 in the first quarter of 2024[20]. Comprehensive Income - The company’s other comprehensive income after tax attributable to the parent company was ¥57,775,051.62 in the first quarter of 2025, compared to a loss of ¥7,365,308.84 in the first quarter of 2024[17].