WINNERWAY(SZ:000573)2025-04-29 08:00Financial Performance - The company's revenue for Q1 2025 was CNY 125,570,395.64, representing a 14.73% increase compared to CNY 109,446,552.37 in the same period last year[5]. - Net profit attributable to shareholders reached CNY 112,913,644.14, a significant increase of 721.81% from a loss of CNY 18,158,807.89 in the previous year[5]. - The basic earnings per share improved to CNY 0.1769, compared to a loss of CNY 0.0284 per share in the same quarter last year, marking a 721.81% increase[5]. - Total profit increased by 659.93% to ¥110,202,572.57, primarily due to increased investment income from the transfer of the Walnut Ping coal mine[10]. - Net profit rose by 712.02% to ¥112,605,641.10, driven by the same investment income increase[10]. - Basic and diluted earnings per share reached ¥0.1769, reflecting a 721.81% increase compared to the previous period[10]. - The total comprehensive income attributable to the parent company increased by 721.81% to ¥112,913,644.14, reflecting the significant investment income[10]. - The company's net profit for the current period is 112,605,641.10, compared to a net loss of -18,398,895.28 in the previous period, indicating a significant recovery[32]. - Operating profit reached 109,236,307.62, a turnaround from a loss of -19,460,093.50 in the prior period[32]. - Total comprehensive income for the current period is 112,605,641.10, compared to -18,398,895.28 in the previous period, reflecting a strong performance[33]. Assets and Liabilities - Total assets increased by 7.33% to CNY 2,388,188,477.37 from CNY 2,225,130,021.81 at the end of the previous year[5]. - The total liabilities are CNY 680,955,047.83, up from CNY 634,502,921.79, which is an increase of about 7.3%[29]. - The total equity attributable to the parent company is CNY 1,698,581,013.58, compared to CNY 1,583,666,681.02 at the beginning of the period, reflecting an increase of approximately 7.3%[29]. - The company’s total liabilities decreased by 70.46% in tax payable, amounting to CNY 2,444,066.54, due to the payment of property tax accrued from the previous year[9]. Cash Flow - Cash flow from operating activities was negative at CNY -27,445,923.45, slightly worse than CNY -26,509,646.99 in the previous year, reflecting a decrease of 3.53%[5]. - Cash received from tax refunds increased by 202.69% to ¥764,404.59, mainly due to an increase in VAT refunds[10]. - Cash inflow from investment activities totaled ¥212,239,921.51, a 99.73% increase, attributed to the transfer of the Walnut Ping coal mine equity and recovery of shareholder loans from Vanke real estate cooperation projects[10]. - Cash outflow from investment activities surged by 1560.07% to ¥131,422,539.93, primarily due to the acquisition of equity in Bochuang Intelligent Equipment Co., Ltd.[10]. - Cash and cash equivalents at the end of the period increased by 79.43% to ¥442,767,395.06, driven by the transfer of the Walnut Ping coal mine equity and recovery of shareholder loans[10]. - The cash and cash equivalents at the end of the period are CNY 529,085,975.94, an increase from CNY 420,185,229.19 at the beginning of the period, showing a growth of about 26%[27]. - The company has a cash and cash equivalents balance of 442,767,395.06 at the end of the period, up from 246,757,463.13 at the end of the previous period[35]. Investments and Acquisitions - The company plans to acquire approximately 60% of Bochuang Intelligent Equipment Co., Ltd. through a cash payment, with the transaction details still under negotiation[13]. - The company has paid 130 million RMB as a sincerity deposit for the acquisition of Bochuang Intelligent, and received a performance guarantee of the same amount[14]. - The company is transferring 100% equity and all debts of Guizhou Hongtu Xinye Mining Co., Ltd. for a total price of 208 million RMB, with 145.6 million RMB already received[15]. - The company has completed the transfer procedures for the equity of Guizhou Hongtu Xinye Mining Co., Ltd.[15]. - The company participated in the auction for the mining rights of Kongjiagou Coal Mine, winning the bid for 4.9815 million yuan in October 2022[19]. Legal Matters - The Supreme Court ruled in November 2018 that the defendants must pay a breach of contract penalty of 3 million yuan to the company[17]. - The company has been involved in litigation to recover 9.5 million yuan owed by Sichuan Energy Investment due to a contract breach related to coal sales[20]. - In March 2022, the company applied for the return of 15.5562 million yuan that was frozen by the court, but the execution was terminated due to the lack of assets from the debtor[20]. - The company reached a settlement in July 2023 regarding the recovery of funds from Sichuan Weibo, transferring the debt to the company[20]. - The company is pursuing claims against relevant parties for compensation of 5 million yuan related to the Mulan Coal Mine, with 3 million yuan already paid[21]. - The company has initiated legal proceedings against Liu Xiangyang for the outstanding transfer payment of 29 million yuan for the Yong'an Coal Mine rights[22]. - The court ordered Liu Xiangyang to pay the company 29 million yuan plus interest and penalties, with a total of 2.7615 million yuan in interest[23]. - The company is seeking to recover additional costs related to engineering payments amounting to 460,000 yuan from Liu Xiangyang[24]. - The company plans to continue pursuing claims against the partners of Kongjiagou for their liabilities[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 55,739[11]. - Guangdong Hongyuan Group Co., Ltd. holds 19.95% of shares, amounting to 127,359,707 shares, with 101,820,000 shares pledged[11].