海航控股(600221) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 17,601,299, showing a slight increase of 0.29% compared to CNY 17,549,904 in the same period last year[5]. - Net profit attributable to shareholders decreased by 60.34% to CNY 272,274 from CNY 686,528 year-on-year[5]. - Basic and diluted earnings per share dropped by 60.38% to CNY 0.0063 from CNY 0.0159 year-on-year[5]. - Net profit for Q1 2025 was CNY 250,938, a decrease from CNY 696,384 in Q1 2024, reflecting a decline of 64.0%[19]. - The weighted average return on equity decreased to 11.40%, down 15.58 percentage points from the previous year[5]. - Total operating revenue for Q1 2025 was CNY 17,601,299, a slight increase from CNY 17,549,904 in Q1 2024, representing a growth of 0.3%[18]. - Total operating costs for Q1 2025 were CNY 17,525,174, up from CNY 17,026,081 in Q1 2024, indicating an increase of 2.9%[18]. Cash Flow and Investments - The net cash flow from operating activities fell by 25.98% to CNY 2,984,103 compared to CNY 4,031,479 in the previous year[5]. - Cash inflow from operating activities for Q1 2025 was $19,436,248, an increase of 8.5% compared to $17,916,463 in Q1 2024[22]. - Net cash flow from operating activities decreased to $2,984,103 in Q1 2025 from $4,031,479 in Q1 2024, representing a decline of 26%[22]. - Total cash outflow from investing activities was $219,649 in Q1 2025, slightly down from $246,931 in Q1 2024[23]. - Net cash flow from investing activities was -$114,605 in Q1 2025, compared to $162,765 in Q1 2024, indicating a significant shift[23]. - Cash inflow from financing activities totaled $43,843 in Q1 2025, up from $38,951 in Q1 2024, marking an increase of 12%[23]. - Net cash flow from financing activities was -$2,357,995 in Q1 2025, a slight improvement from -$2,500,256 in Q1 2024[23]. - The ending cash and cash equivalents balance for Q1 2025 was $1,964,983, down from $3,608,601 in Q1 2024[23]. Assets and Liabilities - Total assets at the end of Q1 2025 were CNY 139,788,134, a decrease of 1.35% from CNY 141,706,873 at the end of the previous year[6]. - Total liabilities decreased from CNY 140,165,563 to CNY 138,034,028, a decline of 1.5%[16]. - The company's total equity increased from CNY 1,541,310 to CNY 1,754,106, an increase of 13.8%[17]. - Shareholders' equity attributable to the parent company increased by 10.14% to CNY 2,503,425 from CNY 2,272,906 year-on-year[6]. Market Conditions - The decline in net profit was attributed to increasing market competition and insufficient demand for business travel[8]. - Non-recurring gains and losses amounted to CNY 14,192, with significant contributions from non-current asset disposal gains and government subsidies[7]. Shareholder Information - The top ten shareholders hold a combined 60.37% of the company's shares, with Hainan Hanwei Investment Co., Ltd. being the largest shareholder at 24.41%[11]. Research and Development - Research and development expenses decreased from CNY 6,184 in Q1 2024 to CNY 3,331 in Q1 2025, a reduction of 46.1%[18].