MIHF(SH:600337)2025-04-29 11:58Financial Performance - The company's revenue for Q1 2025 was CNY 726,106,540.70, representing a decrease of 11.66% compared to CNY 821,950,550.79 in the same period last year[6] - Net profit attributable to shareholders was CNY 105,351,502.12, a significant recovery from a loss of CNY 156,105,357.73 in the previous year[6] - Basic and diluted earnings per share were CNY 0.0734, a turnaround from a loss of CNY 0.1067 per share in the previous year[7] - Net profit for Q1 2025 was CNY 106.89 million, compared to a net loss of CNY 155.03 million in Q1 2024[30] - The company reported a total comprehensive income of CNY 112.09 million in Q1 2025, recovering from a loss of CNY -149.45 million in Q1 2024[31] Cash Flow and Investments - Operating cash flow increased by 656.29%, reaching CNY 50,040,945.88, compared to CNY 6,616,617.54 in the same period last year[7] - The net cash flow from investing activities was 352,963,149.01, a significant increase compared to 20,499,908.87 from the previous period[36] - The total cash inflow from financing activities amounted to 950,320,221.52, up from 475,965,261.82 in the prior period[36] - Cash outflows for financing activities totaled 1,398,506,771.27, compared to 587,542,060.79 previously, resulting in a net cash flow from financing activities of -448,186,549.75[37] - The cash outflow from investment activities was 10,889,463.38, with total cash outflow from investment activities reaching 43,681,405.96[36] Assets and Liabilities - Total assets decreased by 5.63% to CNY 7,524,134,582.02 from CNY 7,972,830,076.66 at the end of the previous year[7] - The company's total liabilities decreased from RMB 3,411,449,130.81 to RMB 2,895,941,054.17, a reduction of about 15.06%[25] - The company's total non-current assets decreased from RMB 5,265,481,702.00 to RMB 4,855,840,808.52, indicating a decline of about 7.77%[24] - The company's current assets totaled RMB 2,668,293,773.50, down from RMB 2,707,348,374.66, indicating a decrease of about 1.45%[22][23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,449[15] - Shareholders' equity attributable to the company increased by 3.76% to CNY 2,849,603,270.96 from CNY 2,746,318,141.35 at the end of the previous year[7] - Total equity attributable to shareholders increased to CNY 2.85 billion in Q1 2025 from CNY 2.75 billion in Q1 2024, an increase of 3.8%[27] Cost Management and Efficiency - The company reported a significant reduction in sales and management expenses, contributing to improved profitability[13] - The company plans to continue focusing on cost management and operational efficiency to enhance future performance[13] Other Financial Metrics - Research and development expenses for Q1 2025 were CNY 22.20 million, slightly down from CNY 23.94 million in Q1 2024[29] - The company repurchased a total of 1,790,000 shares, accounting for 0.12% of the total share capital, with a total expenditure of RMB 2,674,800 (excluding transaction taxes) during the reporting period[18] - The highest repurchase price was RMB 1.57 per share, while the lowest was RMB 1.47 per share[18] - The impact of exchange rate changes on cash and cash equivalents was 692,100.96, a decrease from 1,217,433.42 in the prior period[37] - The company will not apply new accounting standards starting from 2025[38]