HY(SH:601020)2025-04-28 14:10Financial Performance - The company's operating revenue for Q1 2025 was CNY 261,347,980.19, representing a 5.67% increase compared to CNY 247,322,834.05 in the same period last year[6] - Net profit attributable to shareholders was CNY 45,658,532.70, up 19.64% from CNY 38,164,041.42 year-on-year[6] - The net profit after deducting non-recurring gains and losses reached CNY 46,527,115.43, reflecting a 29.04% increase from CNY 36,056,624.56 in the previous year[6] - Basic earnings per share rose to CNY 0.06, marking a 25.00% increase from CNY 0.048 in the previous year[6] - Total operating revenue for Q1 2025 reached ¥261,347,980.19, an increase of 5.4% compared to ¥247,322,834.05 in Q1 2024[29] - Net profit for Q1 2025 was ¥55,627,507.90, representing a 14.5% increase from ¥48,513,906.94 in Q1 2024[30] - The profit attributable to shareholders of the parent company for Q1 2025 was ¥45,658,532.70, compared to ¥38,164,041.42 in Q1 2024, marking an increase of 19.5%[32] - Basic and diluted earnings per share for Q1 2025 were both ¥0.06, up from ¥0.048 in Q1 2024[32] Cash Flow - The net cash flow from operating activities was CNY 23,000,841.80, a significant increase of 36.85% compared to CNY 16,806,960.42 in the same quarter last year[6] - The net cash flow from operating activities increased to ¥23,000,841.80, up from ¥16,806,960.42, representing a growth of approximately 37.0% year-over-year[35] - Cash inflow from investment activities reached ¥100,506,849.32, a significant increase from ¥1,452.42, indicating a strong recovery in investment returns[38] - The net cash flow from financing activities was ¥10,461,008.22, compared to a negative cash flow of ¥15,706,851.04 in the previous period, showing an improvement in financing operations[38] - The company reported a net cash flow from operating activities of -¥104,186,266.67 in Q1 2025, compared to ¥57,651,342.37 in Q1 2024[45] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,653,743,362.58, a decrease of 2.28% from CNY 5,785,677,830.17 at the end of the previous year[8] - The company's current assets totaled CNY 821,189,857.75, down from CNY 931,071,625.91, indicating a decrease of about 11.82%[22] - Total liabilities as of the end of Q1 2025 were ¥1,517,483,288.58, a decrease from ¥1,696,950,779.92 at the end of Q1 2024[26] - The total liabilities decreased to ¥1,893,578,250.75 from ¥2,106,211,369.18, a reduction of about 10.1%[41] - The company reported a total non-current asset value of CNY 4,832,553,504.83, slightly down from CNY 4,854,606,204.26, indicating a decrease of approximately 0.45%[24] Shareholder Information - The company reported a total of 65,680 common shareholders at the end of the reporting period[15] - The company has not reported any significant changes in shareholder relationships or actions regarding share lending or borrowing during the reporting period[20] Operational Efficiency - The increase in operating revenue was primarily driven by rising sales prices[13] - The company continues to focus on maintaining its operational efficiency and financial stability amid fluctuating market conditions[23] Other Financial Metrics - The weighted average return on net assets was 1.35%, an increase of 0.04 percentage points from 1.31% in the previous year[6] - The company reported a significant increase in other income, totaling ¥785,941.05 in Q1 2025, compared to ¥758,871.36 in Q1 2024[30] - The company experienced a decrease in financial expenses, which were ¥741,720.00 in Q1 2025, down from ¥15,051,671.90 in Q1 2024[30] - The company incurred interest expenses of ¥2,740,683.70 in Q1 2025, significantly reduced from ¥8,121,488.28 in Q1 2024[43] - The company reported a significant increase in sales expenses, with management expenses at ¥18,346,494.76 in Q1 2025, down from ¥25,710,586.31 in Q1 2024[43]