恒润股份(603985) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 reached ¥707,632,091.86, representing a 108.27% increase compared to ¥339,770,235.62 in the same period last year[4] - Net profit attributable to shareholders was ¥29,894,472.05, a significant recovery from a loss of ¥12,701,731.90 in the previous year[4] - The net cash flow from operating activities improved to ¥39,526,607.88, recovering from a negative cash flow of ¥49,679,020.12 in the same period last year[4] - Basic and diluted earnings per share increased to ¥0.0678, compared to a loss of ¥0.0288 per share in the previous year[4] - The weighted average return on equity rose to 0.93%, an increase of 1.31 percentage points from -0.38% in the previous year[4] - The company reported a net profit margin improvement, with net profit for Q1 2025 expected to be significantly higher than in Q1 2024, although specific figures were not disclosed[18] - The company's net profit for Q1 2025 reached CNY 31,246,369.91, a significant recovery from a net loss of CNY 13,043,497.95 in Q1 2024[19] - Operating profit for Q1 2025 was CNY 36,203,877.80, compared to an operating loss of CNY 13,510,822.38 in the same period last year[19] - The company reported a total comprehensive income of CNY 30,732,863.70 for Q1 2025, compared to a loss of CNY 12,702,751.62 in Q1 2024[20] - Earnings per share for Q1 2025 were CNY 0.0678, a recovery from a loss per share of CNY 0.0288 in the previous year[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,666,164,159.61, up 1.50% from ¥4,597,160,915.55 at the end of the previous year[5] - Total assets as of March 31, 2025, were ¥4,666,164,159.61, compared to ¥4,597,160,915.55 as of December 31, 2024, indicating a growth of 1.5%[15] - Total liabilities as of March 31, 2025, were ¥1,427,522,497.07, an increase from ¥1,385,122,898.72 as of December 31, 2024[15] - The company's total equity as of March 31, 2025, was ¥3,238,641,662.54, compared to ¥3,212,038,016.83 as of December 31, 2024, reflecting an increase of 0.8%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 41,320, indicating a stable shareholder base[8] - The largest shareholder, Jining City Investment Holding Group Co., Ltd., holds 29.00% of the shares, totaling 127,848,826 shares[8] Operating Costs and Expenses - Total operating costs for Q1 2025 were ¥673,801,074.84, up 84.0% from ¥366,101,035.93 in Q1 2024[18] - Gross profit for Q1 2025 was ¥33,831,017.02, compared to a gross profit of ¥-26,330,800.31 in Q1 2024[18] - Research and development expenses in Q1 2025 amounted to ¥18,759,476.85, an increase of 29.9% from ¥14,451,311.82 in Q1 2024[18] Cash Flow and Investments - Cash and cash equivalents as of March 31, 2025, were ¥401,347,070.74, up from ¥376,097,917.33 as of December 31, 2024[11] - Accounts receivable increased to ¥788,240,791.50 as of March 31, 2025, from ¥610,724,907.89 as of December 31, 2024, reflecting a growth of 28.9%[11] - The company’s cash and cash equivalents increased by CNY 65,249,452.39 in Q1 2025, compared to a decrease of CNY 93,511,789.49 in Q1 2024[25] - Investment activities resulted in a net cash outflow of CNY 17,192,567.59 in Q1 2025, contrasting with a net inflow of CNY 22,191,423.58 in Q1 2024[24] - The company raised CNY 275,000,000.00 through borrowings in Q1 2025, compared to CNY 150,000,000.00 in Q1 2024[24] - The total operating cash outflow for Q1 2025 was CNY 475,517,977.33, compared to CNY 343,940,382.57 in Q1 2024[24] Business Strategy - The company plans to continue expanding its wind power segment, which has shown significant improvement in orders and sales margins[6]