TYHI(SH:600169)2025-04-28 15:50Financial Performance - The company's operating revenue for Q1 2025 reached ¥2,768,160,895.87, representing a 60.18% increase compared to ¥1,727,785,627.70 in the same period last year[4] - The net profit attributable to shareholders was ¥21,974,899.09, a 7.62% decrease from ¥25,765,558.90 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥7,628,069.39, a significant improvement from a loss of ¥4,113,945.11 in the previous year[4] - Net profit for Q1 2025 was ¥42,129,920.42, compared to ¥30,201,716.89 in Q1 2024, representing a 39.5% increase[17] - The company reported a total profit of ¥60,216,996.23 for Q1 2025, compared to ¥46,363,867.73 in Q1 2024, marking a 29.0% increase[17] Cash Flow - The net cash flow from operating activities was ¥223,420,965.46, showing a 4.36% increase from ¥197,975,963.88 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was ¥223,420,965.46, slightly up from ¥214,086,501.54 in Q1 2024[18] - The company recorded a cash inflow of ¥383,697,307.00 from the disposal of subsidiaries and other business units in Q1 2025[18] - In Q1 2025, the net cash flow from investment activities was $36,460,159.35, a significant improvement compared to a net outflow of $242,703,291.70 in Q1 2024[19] - The net cash flow from financing activities for Q1 2025 was $813,383,216.09, compared to $113,433,419.31 in Q1 2024, indicating a substantial increase[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥32,996,659,169.88, reflecting a 5.60% increase from ¥31,247,956,478.27 at the end of the previous year[5] - The company's total liabilities reached RMB 27,037,990,811.46, compared to RMB 25,332,895,680.81, which is an increase of about 6.7%[13] - The long-term borrowings increased to RMB 8,266,289,193.33 from RMB 7,588,115,475.54, reflecting a rise of approximately 8.9%[13] - The company's equity attributable to shareholders amounted to RMB 5,282,639,949.23, slightly up from RMB 5,259,438,095.03, indicating a marginal increase of about 0.4%[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 103,643[9] - The largest shareholder, Taiyuan Heavy Machinery Group Co., Ltd., holds 49.28% of the shares, totaling 1,656,312,725 shares[9] Research and Development - Research and development expenses for Q1 2025 were ¥97,687,666.18, an increase from ¥75,400,002.72 in Q1 2024, indicating a focus on innovation[16] Other Financial Metrics - The weighted average return on equity increased by 0.05 percentage points to 0.42% compared to 0.37% in the previous year[4] - The company recognized non-recurring gains of ¥14,346,829.70, primarily from government subsidies and asset disposals[7] - Other comprehensive income after tax for Q1 2025 was -¥616,185.96, compared to -¥478,246.40 in Q1 2024[17]