Hoshion(002824)2025-04-29 08:33Financial Performance - The company's revenue for Q1 2025 was CNY 741,441,320.94, representing a 4.40% increase compared to CNY 710,209,287.53 in the same period last year[5] - Net profit attributable to shareholders decreased by 29.55% to CNY 12,015,642.27 from CNY 17,056,203.21 year-on-year[5] - The net profit after deducting non-recurring gains and losses fell by 47.32% to CNY 8,629,898.56 compared to CNY 16,381,394.99 in the previous year[5] - The company's net profit for the current period is CNY 12,293,950.47, a decrease of 27.5% compared to CNY 16,981,595.32 in the previous period[17] - Operating profit for the current period is CNY 13,645,600.97, down from CNY 17,211,164.00, reflecting a decline of 20.5%[17] - The total comprehensive income attributable to the parent company is CNY 12,012,994.65, compared to CNY 16,894,003.94 in the previous period, indicating a decrease of 28.8%[18] - The basic and diluted earnings per share for the current period are both CNY 0.04, down from CNY 0.06 in the previous period[18] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 38.33% to CNY 80,352,032.16 from CNY 130,283,362.94 year-on-year[5] - Cash flow from operating activities for the current period is CNY 80,352,032.16, down 38.3% from CNY 130,283,362.94 in the previous period[20] - Cash and cash equivalents at the end of the period decreased to CNY 259,740,253.61 from CNY 296,161,569.15, a decline of 12.3%[20] - The company's cash and cash equivalents at the end of the period are CNY 321,096,806.31, compared to CNY 307,930,182.48 at the beginning of the period, showing an increase of about 4.1%[13] Assets and Liabilities - Total assets increased by 3.85% to CNY 4,153,749,211.86 from CNY 3,999,790,271.74 at the end of the previous year[5] - The total assets of the company as of March 31, 2025, are CNY 4,153,749,211.86, up from CNY 3,999,790,271.74, representing a growth of approximately 3.8%[15] - The total liabilities have increased to CNY 2,395,913,875.53 from CNY 2,254,246,238.26, indicating a rise of about 6.3%[15] Operating Costs - The total operating costs for the current period amount to CNY 744,143,113.59, compared to CNY 712,892,464.65 in the previous period, indicating an increase of about 4.4%[16] - The operating cost of goods sold is CNY 658,356,126.25, up from CNY 624,490,229.07, reflecting a rise of approximately 5.4%[16] - The company's net profit margin is under pressure due to rising costs, with a total operating profit of CNY -1,701,792.65 for the current period[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,907[10] - The largest shareholder, Li Jianxiang, holds 33.47% of the shares, with 72,101,237 shares pledged[10] Investments and Expenses - The company reported a net cash outflow from investing activities of CNY 180,371,368.59, compared to a net outflow of CNY 129,018,234.78 in the previous period[20] - The company has reported a decrease in research and development expenses to CNY 32,286,120.21 from CNY 39,885,254.21, a reduction of approximately 19.0%[16] Other Financial Metrics - The weighted average return on equity decreased to 0.70% from 1.01% year-on-year[5] - The company recorded a foreign exchange loss of CNY 2,647.62, compared to a loss of CNY 162,199.27 in the previous period[18] - The company incurred interest expenses of CNY 7,704,099.86, an increase from CNY 6,103,378.04 in the previous period[17] - The company reported a significant increase in trading financial assets, rising by 4,358,849.09% due to the purchase of bank wealth management products[9] - Contract liabilities increased by 714.91% to CNY 2,104.82 from CNY 258.29, attributed to an increase in advance payments from customers[9] - The company is in the process of issuing shares to specific investors, pending approval from the China Securities Regulatory Commission, which may impact future capital structure[11] Sales Performance - The company’s total revenue from sales of goods and services for the current period is CNY 771,925,689.60, slightly up from CNY 771,542,607.24 in the previous period[19] - The company's inventory has increased to CNY 578,226,543.85 from CNY 550,317,801.89, reflecting a growth of about 5.1%[14]