HTDC(SH:601188)2025-04-28 14:20Financial Performance - The company's operating revenue for Q1 2025 was CNY 105,505,174.95, a decrease of 6.47% compared to CNY 112,316,759.47 in the same period last year[4] - Net profit attributable to shareholders increased by 34.70% to CNY 62,972,433.64 from CNY 50,937,767.79 year-on-year[4] - Basic and diluted earnings per share rose by 33.33% to CNY 0.048 from CNY 0.039 in the previous year[5] - Operating profit for Q1 2025 increased to CNY 74,730,037.19, compared to CNY 55,703,423.88 in Q1 2024, reflecting a growth of 34.2%[21] - The net profit for Q1 2025 was CNY 62,970,792.21, an increase of 31.7% compared to CNY 47,770,406.27 in Q1 2024[22] - The basic and diluted earnings per share for Q1 2025 were both CNY 0.048, up from CNY 0.036 in Q1 2024, representing a 33.3% increase[22] Assets and Liabilities - Total assets decreased by 2.24% to CNY 5,450,566,771.19 from CNY 5,575,338,496.71 at the end of the previous year[5] - Non-current assets totaled CNY 3,157,571,456.85 as of March 31, 2025, slightly down from CNY 3,159,279,347.90 at the end of 2024[16][17] - Total assets decreased to CNY 5,450,566,771.19 from CNY 5,575,338,496.71 at the end of 2024, a decline of 2.2%[16][18] - Current liabilities decreased significantly to CNY 291,899,123.25 from CNY 472,289,674.05, a reduction of 38.2%[17][18] - The total assets increased to CNY 4,536,361,492.36 in Q1 2025, compared to CNY 4,459,601,999.70 in Q1 2024, reflecting a growth of 1.7%[33] - The total liabilities rose to CNY 213,455,357.35 in Q1 2025, compared to CNY 195,002,985.02 in Q1 2024, indicating an increase of 9.3%[33] Cash Flow - The net cash flow from operating activities was negative at CNY -263,389,880.81, compared to CNY -31,423,640.81 in the same period last year[4] - The net cash flow from operating activities for Q1 2025 was -CNY 263,389,880.81, compared to -CNY 32,364,354.78 in Q1 2024, indicating a significant decline[27] - The cash flow from operating activities for Q1 2025 was CNY 41,053,780.56, compared to CNY 39,216,236.82 in Q1 2024, showing a growth of 4.7%[39] - The company's cash and cash equivalents were CNY 605,940,408.92, down from CNY 1,256,942,981.94, a decrease of 51.8%[16] - The cash and cash equivalents at the end of Q1 2025 were CNY 39,282,256.57, down from CNY 65,716,663.20 at the end of Q1 2024, reflecting a decrease of 40.3%[40] Investments and Expenses - The company reported non-recurring losses totaling CNY -837,962.99 for the period[8] - The company reported an investment income of CNY 30,426,953.81 for Q1 2025, slightly down from CNY 31,908,599.68 in Q1 2024[21] - Research and development expenses increased to CNY 1,748,564.66 in Q1 2025, compared to CNY 514,011.46 in Q1 2024, reflecting a growth of 240.5%[21] - The company reported a significant investment outflow of CNY 409,049,834.30 in Q1 2025, compared to CNY 34,767,798.48 in Q1 2024, indicating a substantial increase in investment activities[39] - The company experienced a decrease in financial expenses, reporting a net financial income of CNY 376,228.75 in Q1 2025, compared to a loss of CNY 776,038.17 in Q1 2024[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 46,015[11] - The largest shareholder, Heilongjiang Highway Group Co., Ltd., holds 33.47% of the shares[11] Acquisitions - The company acquired 90% of Heilongjiang Graphene New Materials Technology Co., Ltd. and 100% of Heilongjiang Jiao Investment New Energy Engineering Construction Co., Ltd. in 2024, now making them subsidiaries[6]