HMT(603306)2025-04-28 12:55Financial Performance - The company's operating revenue for Q1 2025 was CNY 536,742,126.34, representing a 14.37% increase compared to CNY 469,285,488.68 in the same period last year[4] - Net profit attributable to shareholders increased by 60.34% to CNY 86,421,910.38 from CNY 53,900,315.60 year-on-year[4] - The net profit after deducting non-recurring gains and losses rose by 61.73% to CNY 81,550,519.89 compared to CNY 50,423,988.28 in the previous year[4] - The basic earnings per share increased by 51.40% to CNY 0.271 from CNY 0.179 in the same period last year[4] - The diluted earnings per share rose by 55.06% to CNY 0.276 from CNY 0.178 year-on-year[4] - Net profit for Q1 2025 was ¥83.14 million, representing a 61.5% increase compared to ¥51.53 million in Q1 2024[21] - Basic earnings per share for Q1 2025 was ¥0.271, up from ¥0.179 in Q1 2024, reflecting a 51.6% increase[21] Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 86.17% to CNY 19,006,538.58 from CNY 137,459,966.96 in the previous year[4] - Cash flow from operating activities generated ¥19.01 million in Q1 2025, a significant decrease from ¥137.46 million in Q1 2024[23] - Cash and cash equivalents decreased to CNY 851,411,047.20 from CNY 1,135,322,974.23, a decline of approximately 25.03%[15] - Cash and cash equivalents at the end of Q1 2025 totaled ¥841.49 million, down from ¥1.36 billion at the end of Q1 2024[24] - The decrease in cash flow from operating activities was primarily due to a reduction in cash received from sales of goods and services during the reporting period[9] - The company experienced a decrease in cash inflow from sales, which was ¥499.62 million in Q1 2025, down from ¥625.60 million in Q1 2024[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,245,971,211.07, a decrease of 2.33% from CNY 5,370,900,227.61 at the end of the previous year[5] - As of March 31, 2025, the total assets of Huamao (Xiamen) New Materials Technology Co., Ltd. amounted to CNY 5,245,971,211.07, a decrease from CNY 5,370,900,227.61 as of December 31, 2024, representing a decline of approximately 2.32%[16] - The company's current assets totaled CNY 2,102,975,785.06, down from CNY 2,464,406,047.41, indicating a decrease of about 14.66%[15] - Long-term equity investments increased to CNY 1,283,387,983.63 from CNY 1,124,996,354.80, reflecting a growth of approximately 14.09%[16] - The total liabilities rose to CNY 1,971,473,942.06, compared to CNY 1,464,637,297.46, marking an increase of about 34.66%[17] - The total equity attributable to shareholders decreased to CNY 3,157,237,907.53 from CNY 3,786,494,130.43, reflecting a decline of about 16.61%[17] Strategic Investments and Focus - The company made a strategic investment in Shenzhen Fuchuang Youyue Technology Co., holding 42.16%, benefiting from the growth in the optical communication industry[9] - The company is focusing on expanding its market presence and developing new technologies, although specific details on new products were not disclosed in the current report[18] - Research and development expenses increased to ¥23.57 million in Q1 2025, up from ¥21.29 million in Q1 2024, indicating a focus on innovation[20] Operating Costs - Total operating costs increased to ¥451.54 million in Q1 2025, up 13.7% from ¥396.93 million in Q1 2024[20] - The company reported a significant reduction in accounts payable, which decreased to CNY 251,394,761.56 from CNY 331,243,858.72, a drop of approximately 24.06%[17] - The inventory level increased to CNY 292,319,578.46 from CNY 281,395,508.56, showing a rise of about 3.29%[15] - Cash flow from investing activities showed a net outflow of ¥236.16 million in Q1 2025, compared to a net outflow of ¥142.05 million in Q1 2024[24] - The company reported an investment income of ¥7.10 million in Q1 2025, a recovery from a loss of ¥14.39 million in Q1 2024[20]