SDHT(SH:600308)2025-04-29 08:25Financial Performance - The company's operating revenue for Q1 2025 was ¥3,085,680,306.58, a decrease of 10.14% compared to ¥3,433,978,275.34 in the same period last year[4] - Net profit attributable to shareholders was ¥59,829,434.62, down 47.04% from ¥112,981,232.70 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥51,153,837.05, a decline of 55.69% compared to ¥115,443,841.16 in the previous year[4] - Basic earnings per share were ¥0.04, a decrease of 46.30% from ¥0.07 in the same period last year[4] - Total revenue for Q1 2025 was approximately ¥3.09 billion, a decrease of 10.14% compared to ¥3.43 billion in Q1 2024[18] - Net profit for Q1 2025 was approximately ¥55.84 million, a decline of 50.53% compared to ¥112.88 million in Q1 2024[20] - Operating profit for Q1 2025 was approximately ¥92.67 million, down 38.25% from ¥150.03 million in Q1 2024[20] - The net profit attributable to the parent company for Q1 2025 is approximately ¥59.83 million, a decrease from ¥112.98 million in Q1 2024, representing a decline of about 47%[21] - The total comprehensive income attributable to the parent company for Q1 2025 is approximately ¥55.84 million, down from ¥112.88 million in Q1 2024, indicating a decrease of around 50%[21] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 62.35%, amounting to ¥110,467,970.64, down from ¥293,446,130.17[4] - The total cash and cash equivalents at the end of Q1 2025 amount to approximately ¥1.17 billion, compared to ¥1.39 billion at the end of Q1 2024, a decrease of about 16%[25] - The cash inflow from financing activities for Q1 2025 is approximately ¥267.51 million, contrasting with a cash outflow of about ¥5.48 million in Q1 2024[25] - The cash outflow from investing activities for Q1 2025 is approximately ¥501.91 million, slightly lower than ¥536.78 million in Q1 2024[25] - The cash and cash equivalents at the end of Q1 2025 amounted to ¥416,880,827.58, down from ¥730,860,836.41 in Q1 2024, a decrease of 43%[33] - The total cash inflow from financing activities in Q1 2025 was ¥181,518,311.13, a decrease of 73.8% compared to ¥692,100,620.22 in Q1 2024[33] - The company’s investment activities resulted in a net cash outflow of ¥61,282,443.81 in Q1 2025, compared to a net outflow of ¥182,037,228.39 in Q1 2024[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,074,583,966.54, an increase of 5.11% from ¥15,292,517,298.26 at the end of the previous year[5] - Total assets reached approximately ¥16.07 billion as of March 31, 2025, compared to ¥15.29 billion as of December 31, 2024, an increase of 5.14%[15] - Total liabilities increased to approximately ¥6.87 billion as of March 31, 2025, from ¥6.13 billion as of December 31, 2024, a rise of 12.23%[15] - The total liabilities increased to ¥5,668,149,464.08 in 2025 from ¥5,106,546,345.54 in 2024, marking a rise of 11%[28] - The total liabilities as of March 31, 2025, amount to approximately ¥8.32 billion, compared to ¥7.66 billion at the end of 2024, indicating an increase of around 9%[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 49,735, with the largest shareholder holding 39.59% of the shares[8] - Shareholders' equity totaled approximately ¥9.20 billion as of March 31, 2025, compared to ¥9.16 billion as of December 31, 2024, an increase of 0.48%[15] Market Conditions - The decline in net profit was attributed to intense market competition in the paperboard sector, leading to decreased product prices and sales[6] Research and Development - Research and development expenses for Q1 2025 were ¥65,913,434.16, an increase of 19.2% from ¥55,308,046.71 in Q1 2024[31] Financial Expenses - The company’s financial expenses for Q1 2025 were ¥21,240,828.55, slightly down from ¥21,713,106.96 in Q1 2024[31]