HST(SH:600817)2025-04-29 12:38Financial Performance - The company's operating revenue for Q1 2025 was ¥707,089,559.18, representing a year-on-year increase of 0.79% compared to ¥701,539,732.40 in the same period last year[5] - Net profit attributable to shareholders increased by 62.47% to ¥51,547,797.24 from ¥31,726,930.78 in the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses rose by 51.09% to ¥39,597,275.01 from ¥26,208,269.39[5] - Basic earnings per share increased by 63.82% to ¥0.0960 from ¥0.0586 in the same period last year[5] - Net profit for Q1 2025 was ¥50.56 million, representing a 37.7% increase from ¥36.71 million in Q1 2024[14] - Basic earnings per share for Q1 2025 were ¥0.096, compared to ¥0.0586 in Q1 2024, an increase of 63.5%[15] - The company reported a significant increase in investment income to ¥8.19 million in Q1 2025, compared to ¥4.97 million in Q1 2024, reflecting a growth of 64.5%[14] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,443,218,235.85, a decrease of 5.36% from ¥4,694,727,550.99 at the end of the previous year[6] - The company's total assets decreased to ¥4.44 billion as of March 31, 2025, down from ¥4.69 billion at the end of 2024, a decline of 5.3%[12] - Total liabilities decreased to ¥1.78 billion as of March 31, 2025, down from ¥2.08 billion at the end of 2024, a reduction of 14.5%[12] - The total equity attributable to shareholders increased to ¥2.49 billion as of March 31, 2025, up from ¥2.44 billion at the end of 2024, an increase of 2.5%[12] Cash Flow - The net cash flow from operating activities improved significantly, with a net outflow of ¥70,289,100.24 compared to a net outflow of ¥103,521,695.20 in the previous year, indicating better collection of receivables[5] - In Q1 2025, the cash inflow from operating activities was CNY 813,558,368.91, an increase of 24% compared to CNY 655,758,378.76 in Q1 2024[16] - The net cash flow from operating activities was -CNY 70,289,100.24, an improvement from -CNY 103,521,695.20 in the same period last year[16] - The cash inflow from sales of goods and services was CNY 799,949,773.67, reflecting a strong performance compared to CNY 642,716,321.80 in the previous year[16] - The total cash outflow from operating activities was CNY 883,847,469.15, an increase from CNY 759,280,073.96 in Q1 2024[16] - The company's cash and cash equivalents decreased to ¥739.60 million from ¥1.35 billion, a decline of 45.0%[12] - The cash inflow from investment activities totaled CNY 597,434,456.75, up from CNY 541,327,512.67 in Q1 2024[16] - The net cash flow from investment activities was -CNY 534,222,127.75, significantly worse than -CNY 49,927,883.28 in Q1 2024[16] - The company experienced a net decrease in cash and cash equivalents of -CNY 605,265,235.33 in Q1 2025, compared to -CNY 153,447,061.05 in Q1 2024[16] - The cash and cash equivalents at the end of Q1 2025 were CNY 727,021,228.51, compared to CNY 516,553,741.37 at the end of Q1 2024[16] - Total cash outflow from financing activities was CNY 756,446.57, with no cash inflow reported[16] Strategic Moves - The company plans to repurchase and cancel 3,750,000 restricted shares held by a shareholder, indicating a strategic move to manage equity structure[10] - Non-recurring gains and losses amounted to ¥11,950,522.23, primarily due to government subsidies and the reversal of bad debt provisions[7] Research and Development - R&D expenses increased to ¥35.22 million in Q1 2025, compared to ¥28.98 million in Q1 2024, reflecting a growth of 21.5%[14] Accounting Standards - The company has not adopted new accounting standards for the year 2025[17]