Financial Performance - The company's operating revenue for Q1 2025 was ¥15,438,698.49, a decrease of 40.65% compared to ¥26,014,280.52 in the same period last year[4] - The net profit attributable to shareholders was -¥8,825,161.87, representing a decline of 338.96% from a profit of ¥3,693,117.60 in the previous year[4] - The company’s net profit margin was -57.92% for the quarter, reflecting the challenges faced in revenue generation[12] - Net profit for the period was a loss of ¥9,007,838.69 compared to a profit of ¥3,122,058.39 in the previous period, indicating a significant downturn[30] - Basic and diluted earnings per share were both -0.1388, compared to 0.0581 in the previous period[31] Cash Flow - The net cash flow from operating activities improved by 33.18%, amounting to -¥11,453,233.13 compared to -¥17,140,479.47 in the prior year[15] - Cash inflow from operating activities totaled $33,522,142.76, a decrease of 37% compared to $53,138,687.69 in the previous period[34] - Cash outflow from operating activities was $44,975,375.89, down 36% from $70,279,167.16 year-over-year[34] - Cash inflow from investment activities amounted to $850,083.33, compared to $2,003,519.29 previously[35] - Cash outflow from investment activities increased to $30,049,276.18 from $2,787,829.00 year-over-year[35] - Net cash flow from investment activities was -$29,199,192.85, worsening from -$784,309.71 in the previous period[35] - Cash inflow from financing activities was $10,820,000.00, down from $30,000,000.00 year-over-year[35] - Cash outflow from financing activities rose to $49,153,225.21 from $31,938,265.37 in the prior period[35] - Net cash flow from financing activities was -$38,333,225.21, compared to -$1,938,265.37 previously[35] - The ending cash and cash equivalents balance was $171,434,807.41, down from $251,487,965.00 in the previous period[36] Assets and Liabilities - Total assets decreased by 4.83% to ¥606,086,706.53 from ¥636,816,567.23 at the end of the previous year[4] - Total liabilities decreased to ¥164,943,847.56 from ¥187,585,869.57, a reduction of about 12.1%[27] - Non-current assets increased to ¥274,440,472.49 from ¥222,278,394.22, reflecting a growth of approximately 23.5%[25] - Current liabilities decreased to ¥137,471,977.95 from ¥159,467,213.70, a decline of about 13.8%[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 4,955[17] - Shanghai Hope Investment Holding Co., Ltd. holds 63.69% of the shares, amounting to 40,500,000 shares[17] - The company has 40,500,000 shares that are subject to lock-up, which will be released on February 5, 2025[20] - The total number of restricted shares at the end of the period is 45,847,500, with 2,362,500 shares released during the period[21] - There are no significant changes in the top 10 shareholders or their shareholding status due to margin trading activities[18] Operational Highlights - The company reported a significant increase in fixed assets by 69.29%, reaching ¥95,443,981.48 due to new energy storage and charging station assets[10] - The company received government subsidies totaling ¥133,494.90 during the reporting period, which were closely related to its normal business operations[7] - The company’s investment income turned negative at -¥180,902.48, a decline of 697.01% compared to the previous year, attributed to losses from associated companies[12] - The company reported an increase in prepayments from 4,703,642.15 CNY to 6,675,201.51 CNY, an increase of approximately 42%[24] - The inventory decreased slightly from 6,830,717.47 CNY to 6,634,704.55 CNY, a decrease of about 3%[24] - The company has not disclosed any new product developments or market expansion strategies in the current report[22] - The company has plans for market expansion and new product development, although specific details were not disclosed in the earnings call[28] Cost Management - Total operating costs decreased to ¥31,365,489.77 from ¥33,395,005.15, a reduction of about 6.1% year-over-year[29] - The company reported a significant increase in credit impairment losses, amounting to ¥7,182,262.06 compared to ¥11,932,862.46 in the previous period[30] - Accounts receivable decreased from 124,659,747.04 CNY to 119,738,557.42 CNY, a reduction of about 4%[24]
霍普股份(301024) - 2025 Q1 - 季度财报