HTC(SZ:200771)2025-04-29 12:00Financial Performance - The company's operating revenue for Q1 2025 was approximately ¥1.08 billion, representing a 1.71% increase compared to the same period last year[3]. - Net profit attributable to shareholders reached approximately ¥42.31 million, a significant increase of 337.83% year-over-year[3]. - The net profit after deducting non-recurring gains and losses was approximately ¥22.63 million, marking a 467.35% increase compared to the previous year[3]. - The basic earnings per share increased to ¥0.04, reflecting a 300% growth from the same period last year[3]. - Net profit for the current period was ¥44,244,988.30, a significant recovery from a net loss of ¥1,527,032.25 in the previous period[14]. - Operating profit increased to ¥62,380,634.59, compared to ¥20,438,710.92 in the prior period, marking a growth of 205.5%[14]. - Basic and diluted earnings per share were both ¥0.04, up from ¥0.01 in the prior period[15]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥17.38 billion, a 0.75% increase from the end of the previous year[3]. - The total assets of Hangzhou Steam Turbine Power Group Co., Ltd. amounted to CNY 17,380,810,644.65 as of March 31, 2025, compared to CNY 17,252,082,445.96 at the beginning of the period, reflecting an increase of approximately 0.74%[12][13]. - Current assets totaled CNY 10,148,413,412.16, up from CNY 9,961,847,753.61, indicating a growth of about 1.87%[12]. - Total liabilities increased to CNY 7,854,827,613.77 from CNY 7,735,093,003.88, marking an increase of approximately 1.55%[13]. - The company's equity attributable to shareholders rose slightly to CNY 8,961,694,495.23 from CNY 8,954,601,724.44, an increase of about 0.08%[13]. - Non-current liabilities totaled CNY 1,837,641,580.11, an increase from CNY 1,706,057,032.16, indicating a growth of approximately 7.71%[13]. Cash Flow - The net cash flow from operating activities was negative at approximately -¥303.07 million, but improved by 16.84% compared to the previous year[3]. - Cash flow from operating activities showed a net outflow of ¥303,068,122.37, an improvement from a net outflow of ¥364,441,664.54 in the previous period[16]. - Cash and cash equivalents at the end of the period totaled ¥1,921,928,958.83, down from ¥2,541,019,043.27[17]. - The company's cash and cash equivalents decreased to CNY 2,014,645,230.70 from CNY 2,249,624,409.13, a decline of approximately 10.43%[12]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,954, with the largest shareholder holding 58.70% of the shares[9]. Government Subsidies - The company received government subsidies amounting to approximately ¥17.49 million, primarily related to compensation for the relocation of its Shiqiao Road plant[4]. Research and Development - Research and development expenses rose to ¥43,266,751.22, up from ¥35,079,933.63, indicating a 23.3% increase[14]. Inventory and Accounts Receivable - The company reported a total inventory of CNY 2,791,033,855.11, up from CNY 2,557,564,668.61, reflecting an increase of about 9.09%[12]. - Accounts receivable decreased to CNY 2,335,707,823.98 from CNY 2,519,384,588.01, representing a reduction of about 7.27%[12]. Comprehensive Income - The company reported a total comprehensive income of ¥4,959,021.03, compared to ¥252,676,285.36 in the previous period[15]. - The company experienced a significant decrease in other comprehensive income, reporting a net loss of ¥39,285,967.27 compared to a gain of ¥254,203,317.61 previously[14].