HFM(SH:603011)2025-04-28 10:15Financial Performance - The company's operating revenue for Q1 2025 was CNY 420,239,970.54, representing a 32.54% increase compared to CNY 317,073,767.84 in the same period last year[4]. - Net profit attributable to shareholders was CNY 7,392,417.83, up 35.48% from CNY 5,456,572.34 year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 47.86%, reaching CNY 5,861,775.86 compared to CNY 3,964,530.90 in the previous year[4]. - The net profit for Q1 2025 was CNY 7,249,979.28, an increase of 33.9% compared to CNY 5,416,033.81 in Q1 2024[22]. - Operating profit for Q1 2025 reached CNY 15,001,866.37, up from CNY 11,129,453.25 in the same period last year, reflecting a growth of 34.1%[22]. - The company reported a total comprehensive income of CNY 11,322,769.95 for Q1 2025, significantly higher than CNY 5,416,033.81 in Q1 2024[23]. Cash Flow and Assets - The company's cash flow from operating activities showed a net outflow of CNY -130,393,854.68, worsening by 74.60% from CNY -74,682,136.58 in the same period last year[4]. - Cash and cash equivalents as of March 31, 2025, amounted to RMB 796,249,263.20, an increase from RMB 758,939,983.81 as of December 31, 2024[16]. - Cash flow from operating activities showed a net outflow of CNY -130,393,854.68 in Q1 2025, worsening from CNY -74,682,136.58 in Q1 2024[26]. - Cash and cash equivalents at the end of Q1 2025 totaled CNY 667,470,155.30, compared to CNY 408,970,678.75 at the end of Q1 2024, representing an increase of 63.2%[27]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,626,343,827.27, reflecting a 2.27% increase from CNY 4,523,611,936.79 at the end of the previous year[6]. - Total assets as of March 31, 2025, were RMB 4,626,343,827.27, compared to RMB 4,523,611,936.79 at the end of 2024, reflecting an increase of 2.3%[17]. - Total liabilities increased to RMB 2,473,282,628.76 from RMB 2,382,917,193.63, marking a rise of 3.8%[18]. - Shareholders' equity as of March 31, 2025, was RMB 2,153,061,198.51, up from RMB 2,140,694,743.16, indicating a growth of 0.5%[18]. Costs and Expenses - Total operating costs for Q1 2025 were RMB 409,728,868.63, up from RMB 312,515,232.48 in Q1 2024, reflecting a growth of 31.1%[21]. - The total tax expenses for Q1 2025 were CNY 6,425,166.19, compared to CNY 5,349,794.92 in Q1 2024, reflecting an increase of 20.1%[22]. - The company’s financial expenses decreased to CNY 4,449,431.76 in Q1 2025 from CNY 5,226,628.86 in Q1 2024, a reduction of 14.8%[22]. Shareholder Metrics - The basic earnings per share remained at CNY 0.01, unchanged from the previous year[6]. - The basic and diluted earnings per share remained stable at CNY 0.01 for both Q1 2025 and Q1 2024[23]. - The weighted average return on equity increased by 0.09 percentage points to 0.34% from 0.25% year-on-year[6]. Growth Drivers - The increase in operating revenue and net profit was primarily attributed to growth in orders and improved gross margins in the intelligent sorting segment[8]. - Research and development expenses increased to CNY 25,790,189.04 in Q1 2025, up from CNY 22,875,715.00 in Q1 2024, marking a rise of 12.5%[22]. Non-Recurring Items - The company reported non-recurring gains of CNY 1,530,641.97, primarily from government subsidies and asset disposals[7].