Hunan (SH:600476)2025-04-28 12:10Financial Performance - The company's operating revenue for Q1 2025 was ¥100,518,869.56, representing a 25.20% increase compared to ¥80,289,556.01 in the same period last year[3]. - Net profit attributable to shareholders increased by 171.49% to ¥5,553,315.55 from ¥2,045,481.31 year-on-year[3]. - Basic and diluted earnings per share rose to ¥0.034, a 161.54% increase from ¥0.013 in the previous year[3]. - Total operating revenue for Q1 2025 reached ¥100,518,869.56, a 25.1% increase from ¥80,289,556.01 in Q1 2024[19]. - Net profit for Q1 2025 was ¥5,553,315.55, compared to ¥2,045,481.31 in Q1 2024, representing a 171.5% increase[20]. - The net profit increase was primarily driven by higher project revenue and gross margin improvements[6]. - Total comprehensive income for the period was CNY 5,615,672.24, compared to CNY 2,045,481.31 in the previous year, indicating a year-over-year increase of approximately 175%[32]. Cash Flow - Cash flow from operating activities was negative at -¥23,915,885.90, an improvement from -¥139,416,635.59 in the previous year[3]. - Operating cash flow for Q1 2025 was negative at -¥23,915,885.90, an improvement from -¥139,416,635.59 in Q1 2024[23]. - Cash inflow from operating activities totaled ¥270,012,003.06 in Q1 2025, significantly higher than ¥91,942,483.82 in Q1 2024[23]. - The net cash flow from operating activities for Q1 2025 was -CNY 23,900,506.30, an improvement compared to -CNY 139,416,635.59 in Q1 2024, indicating a reduction in losses[35]. - The cash outflow from operating activities in Q1 2025 was CNY 293,707,159.49, compared to CNY 231,359,119.41 in Q1 2024, reflecting an increase of about 27%[35]. - The cash flow from financing activities generated a net cash inflow of ¥31,467,598.81, compared to ¥74,525,458.30 in the previous period, indicating a decline[24]. - Cash inflows from financing activities in Q1 2025 totaled CNY 190,000,000.00, down from CNY 364,850,600.00 in Q1 2024, reflecting a decrease of about 48%[36]. - The net cash flow from financing activities for Q1 2025 was CNY 31,467,598.81, compared to CNY 74,525,458.30 in Q1 2024, showing a decline of approximately 58%[36]. Assets and Liabilities - Total assets decreased by 5.42% to ¥1,205,713,629.76 from ¥1,274,751,144.29 at the end of the previous year[4]. - Total current assets decreased from 622,558,412.82 RMB to 542,806,320.59 RMB, a decline of approximately 12.83%[14]. - Total liabilities decreased from 1,274,751,144.29 RMB to 1,205,713,629.76 RMB, a decrease of approximately 5.41%[15]. - The company reported a total liability of ¥1,058,780,121.96 as of the end of the reporting period, down from ¥1,133,370,952.04[16]. - The total liabilities decreased to ¥1,061,803,858.63 from ¥1,136,515,684.74, indicating a reduction of 6.6%[28]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 25,316[9]. - The largest shareholder, Beijing Zhongyou Asset Management Co., Ltd., holds 53,128,388 shares, accounting for 32.98% of total shares[9]. Inventory and Expenses - Inventory increased by 38.57% due to the rise in unfinished projects during the reporting period[6]. - Research and development expenses decreased by 97.46%, indicating a reduction in investment in this area[6]. - Research and development expenses decreased to ¥64,356.58 in Q1 2025 from ¥2,529,032.12 in Q1 2024, indicating a strategic shift in R&D investment[19]. - The company's inventory increased to ¥94,273,096.50 from ¥68,034,173.04, representing a rise of 38.6%[27]. - The company incurred R&D expenses of ¥64,356.58 in Q1 2025, a decrease from ¥2,529,032.12 in Q1 2024, reflecting a strategic shift in investment[31]. - The company reported a significant decrease in financial expenses by 104.41%, attributed to an increase in average loan scale[6]. Equity - Total equity attributable to shareholders increased to ¥146,933,507.80 from ¥141,380,192.25 year-over-year[16]. - The company's total equity increased to ¥154,775,499.21 from ¥149,159,826.97, marking a growth of 3.5%[29].