DHCT(SH:600844)2025-04-29 09:40Financial Summary and Key Indicators Core Financial Data Q1 2025 saw 17.91% revenue growth and narrowed net loss, with operating cash flow turning positive, while total assets and equity decreased Key Financial Data | Indicator | Current Period | Prior Year Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 237,740,080.32 | 201,621,728.50 | 17.91% | | Net Profit Attributable to Parent Company Shareholders (CNY) | -36,621,153.52 | -50,274,436.85 | N/A (Loss narrowed) | | Net Profit Attributable to Parent Company Shareholders Excluding Non-recurring Gains and Losses (CNY) | -36,892,487.54 | -50,933,535.62 | N/A (Loss narrowed) | | Net Cash Flow from Operating Activities (CNY) | 12,605,286.17 | -48,658,633.20 | 125.91% | | Basic Earnings Per Share (CNY/share) | -0.0360 | -0.0495 | N/A (Loss narrowed) | | Weighted Average Return on Net Assets (%) | -17.3682 | -9.7893 | Decreased by 7.5789 percentage points | | | End of Current Period | End of Prior Year | Period-end vs. Prior Year-end Change (%) | | Total Assets (CNY) | 1,244,240,085.5 | 1,273,338,714.7 | -2.29% | | Total Equity Attributable to Parent Company Shareholders (CNY) | 192,668,747.00 | 229,034,447.36 | -15.88% | Non-recurring Gains and Losses Non-recurring gains and losses totaled 271,334.02 CNY, primarily from government subsidies and asset disposal losses, positively impacting current profit Non-recurring Gains and Losses | Item | Amount for Current Period (CNY) | | :--- | :--- | | Gains/Losses from Disposal of Non-current Assets | -410,159.72 | | Government Subsidies Included in Current Profit/Loss | 834,868.48 | | Other Non-operating Income and Expenses | -15,953.28 | | Other Gains/Losses Defined as Non-recurring | 14,403.77 | | Less: Income Tax Impact | 104,046.17 | | Less: Impact of Minority Interests (After Tax) | 47,779.06 | | Total | 271,334.02 | Analysis of Major Financial Indicator Changes Multiple financial indicators fluctuated significantly, including a 300.33% rise in prepayments, 187.18% increase in selling expenses, reduced short-term debt, improved operating cash flow, and substantial financing cash outflow Major Financial Indicator Changes and Reasons | Item | Change (%) | Primary Reason | | :--- | :--- | :--- | | Prepayments | 300.33 | Due to increased advance payments for goods in the reporting period | | Short-term Borrowings | -35.63 | Due to decreased borrowings in the reporting period | | Selling Expenses | 187.18 | Due to increased salaries and welfare costs in the reporting period | | Non-operating Expenses | 13284.25 | Due to increased losses from disposal of fixed assets in the reporting period | | Net Cash Flow from Operating Activities | 25.91 | Due to increased income and decreased expenses related to operating activities in the reporting period | | Net Cash Flow from Investing Activities | 650.62 | Due to increased recovery of investments in the reporting period | | Net Cash Flow from Financing Activities | -116.36 | Due to decreased borrowings | Shareholder Information Shareholder Holdings The company had 55,612 common shareholders, with the largest holding 15.00% (120.7 million pledged shares), and a key group acting in concert - Report period-end common shareholder count is 55,6129 Top Ten Shareholders' Holdings | Shareholder Name | Shareholding (%) | Number of Shares Held | Share Status | | :--- | :--- | :--- | :--- | | Inner Mongolia Jinrui Hongji Enterprise Management Co., Ltd. | 15.00 | 152,500,000 | Pledged 120,700,000 shares | | Jiangsu Danhua Group Co., Ltd. | 6.65 | 67,550,050 | None | | Li Liwei | 1.97 | 20,000,000 | Pledged 20,000,000 shares | | Jilin Fengchengshun Agriculture Co., Ltd. | 1.47 | 14,903,266 | Frozen 14,903,266 shares | - Jiangsu Danhua Group Co., Ltd., its wholly-owned subsidiary Jiangsu Danhua Coal Chemical Engineering Technology Co., Ltd., and Danyang Danhua Transportation Co., Ltd. constitute a concerted action relationship11 Other Important Matters Other Important Information Reminders The company has no other significant operational information requiring special attention from investors during the current reporting period - The company confirms no other important information requiring investor attention11 Financial Statements Financial Statement Details This section presents the unaudited Q1 2025 consolidated financial statements, including balance sheet, income statement, and cash flow statement Consolidated Balance Sheet As of March 31, 2025, total assets decreased 2.29%, liabilities increased 1.89%, and parent equity decreased 15.88% due to expanded deficit Consolidated Balance Sheet | Item | March 31, 2025 (CNY) | December 31, 2024 (CNY) | Change | | :--- | :--- | :--- | :--- | | Total Assets | 1,244,240,085.54 | 1,273,338,714.70 | -2.29% | | Total Liabilities | 909,061,535.50 | 892,116,942.47 | +1.89% | | Total Equity Attributable to Parent Company Shareholders | 192,668,747.00 | 229,034,447.36 | -15.88% | | Cash and Cash Equivalents | 8,242,420.64 | 11,150,246.93 | -26.08% | | Short-term Borrowings | 107,133,263.84 | 166,420,973.17 | -35.63% | | Retained Earnings (Accumulated Deficit) | -2,633,420,730.43 | -2,599,071,409.27 | Loss expanded | Consolidated Income Statement Q1 2025 total operating revenue grew 17.91%, operating profit loss narrowed due to lower expenses, and net loss attributable to parent shareholders decreased by 27.16% Consolidated Income Statement | Item | Q1 2025 (CNY) | Q1 2024 (CNY) | YoY Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 237,740,080.32 | 201,621,728.50 | +17.91% | | Total Operating Costs | 284,334,352.81 | 265,661,058.70 | +7.03% | | Operating Profit | -45,527,679.86 | -63,452,400.83 | Loss narrowed | | Total Profit | -46,097,392.86 | -63,449,331.03 | Loss narrowed | | Net Profit Attributable to Parent Company Shareholders | -36,621,153.52 | -50,274,436.85 | Loss narrowed by 27.16% | Consolidated Cash Flow Statement Q1 2025 net operating cash flow turned positive, investing cash flow increased, while financing cash flow turned negative due to reduced borrowings and increased repayments Consolidated Cash Flow Statement | Item | Q1 2025 (CNY) | Q1 2024 (CNY) | Change Status | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 12,605,286.17 | -48,658,633.20 | Turned positive from negative, significantly improved | | Net Cash Flow from Investing Activities | 2,350,632.65 | 276,344.65 | Net inflow increased | | Net Cash Flow from Financing Activities | -17,866,325.91 | 109,188,207.20 | Turned from net inflow to net outflow | | Cash and Cash Equivalents at Period End | 8,242,420.64 | 82,429,439.37 | Significantly decreased |