HASCO(SH:600741)2025-04-28 12:20Financial Performance - The company's operating revenue for Q1 2025 was CNY 40.37 billion, representing a 9.06% increase compared to CNY 37.02 billion in the same period last year[4]. - Net profit attributable to shareholders was CNY 1.27 billion, a slight increase of 0.59% from CNY 1.26 billion year-on-year[4]. - The basic earnings per share for the period was CNY 0.403, reflecting a 0.50% increase from CNY 0.401 in the same period last year[4]. - Total operating revenue for Q1 2025 reached ¥40,374,295,818.16, an increase of 9.0% compared to ¥37,021,118,059.79 in Q1 2024[17]. - Net profit for Q1 2025 was ¥1,482,007,434.28, compared to ¥1,433,059,398.40 in Q1 2024, representing an increase of 3.4%[18]. - Earnings per share for Q1 2025 was ¥0.403, slightly up from ¥0.401 in Q1 2024[18]. Cash Flow and Liquidity - The net cash flow from operating activities surged by 68.82% to CNY 2.07 billion, up from CNY 1.22 billion in the previous year[4]. - Operating cash flow for Q1 2025 was CNY 2,065,685,734.84, an increase of 68.8% compared to CNY 1,223,622,655.09 in Q1 2024[22]. - Total cash inflow from operating activities decreased to CNY 33,589,178,919.14 in Q1 2025 from CNY 35,273,262,779.77 in Q1 2024, representing a decline of 4.8%[22]. - The total cash and cash equivalents at the end of Q1 2025 stood at CNY 35,353,370,611.70, down from CNY 41,189,021,101.11 at the end of Q1 2024[23]. - The company reported a cash inflow from sales of goods and services of CNY 33,208,020,276.63 in Q1 2025, a decrease of 4.6% from CNY 34,812,151,041.65 in Q1 2024[22]. - The company paid CNY 1,256,848,232.62 in taxes in Q1 2025, an increase of 6.8% compared to CNY 1,176,270,598.21 in Q1 2024[22]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 182.86 billion, down 1.16% from CNY 185.01 billion at the end of the previous year[5]. - Total liabilities as of March 31, 2025, were CNY 116.18 billion, compared to CNY 118.03 billion at the end of 2024, marking a decrease of approximately 1.57%[13]. - The total assets as of March 31, 2025, were CNY 182.86 billion, down from CNY 185.01 billion, representing a decrease of about 1.16%[13]. - Total liabilities decreased to ¥115,399,681,207.00 in Q1 2025 from ¥118,885,602,584.13 in Q1 2024, a reduction of 4.2%[14]. - The equity attributable to shareholders increased by 2.19% to CNY 63.40 billion from CNY 62.04 billion year-on-year[5]. - Total equity increased to ¥67,463,771,077.11 in Q1 2025 from ¥66,120,355,539.80 in Q1 2024, marking a growth of 2.0%[14]. Investments and Expenses - Investment income for Q1 2025 was ¥660,330,576.91, up from ¥515,870,760.02 in Q1 2024, indicating a growth of 27.9%[17]. - Research and development expenses for Q1 2025 were ¥1,517,788,643.14, a decrease from ¥1,642,721,197.93 in Q1 2024, down by 7.6%[17]. - Cash outflow from investing activities in Q1 2025 was CNY 808,378,573.91, down from CNY 1,028,662,058.77 in Q1 2024, a reduction of 21.4%[23]. - The company experienced a net cash outflow from investing activities of CNY -518,503,356.63 in Q1 2025, slightly improved from CNY -528,020,175.65 in Q1 2024[23]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 61,199, with the largest shareholder holding 58.32% of the shares[9]. - The weighted average return on equity decreased by 0.13 percentage points to 2.03% from 2.16% year-on-year[4]. Other Information - Non-recurring gains and losses included government subsidies amounting to CNY 104.30 million, contributing positively to the financial results[6]. - The company reported a significant decrease of 100% in trading financial assets, primarily due to the redemption of bank wealth management products by subsidiaries[7]. - The company has not disclosed any new strategies or future outlook in the provided documents[11].