HDHM(SZ:002685)2019-04-26 16:00Financial Performance - The company's operating revenue for Q1 2019 was ¥2,539,714,735.53, representing a 72.92% increase compared to ¥1,468,700,864.71 in the same period last year[7]. - Net profit attributable to shareholders decreased by 69.22% to ¥41,196,519.55 from ¥133,856,552.03 year-on-year[7]. - The net profit after deducting non-recurring gains and losses fell by 86.35% to ¥18,072,303.40 compared to ¥132,355,145.30 in the previous year[7]. - Basic and diluted earnings per share decreased by 69.20% to ¥0.0409 from ¥0.1328 year-on-year[7]. - The company reported a total profit of ¥53,749,804.25, down from ¥162,700,710.72, a decrease of approximately 67.0%[35]. - The company reported a total comprehensive income of ¥45,279,837.34, down from ¥137,786,357.57, indicating a decrease of about 67.2%[36]. Cash Flow - The net cash flow from operating activities was ¥25,169,541.87, down 52.39% from ¥52,869,142.58 in the same period last year[7]. - Cash flow from operating activities decreased by 52.39% to CNY 25,169,541.87 from CNY 52,869,142.58, impacted by increased tax payments[16]. - Operating cash inflow totaled CNY 2,910,418,420.63, up from CNY 1,494,180,524.00 in the previous period, representing an increase of approximately 94.7%[43]. - Net cash flow from investment activities was CNY 94,574,126.00, a significant improvement from a negative CNY 94,295,016.98 in the prior period[44]. - Cash flow from financing activities resulted in a net outflow of CNY 33,820,154.43, down from a net inflow of CNY 107,586,141.49 in the previous period[44]. - The company reported a net increase in cash and cash equivalents of CNY 84,356,375.32, compared to an increase of CNY 58,903,506.44 in the previous period[44]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,873,322,289.31, a decrease of 1.02% from ¥5,933,915,656.42 at the end of the previous year[7]. - Current liabilities decreased from CNY 1,198,841,499.70 to CNY 1,061,890,916.89, a reduction of about 11.43%[26]. - Total liabilities decreased from CNY 1,207,045,094.68 to CNY 1,099,904,778.27, a reduction of approximately 8.93%[26]. - Long-term payables increased by 100% to CNY 30,000,000.00, reflecting the rise in lease payments for fixed assets[15]. - Owner's equity increased from CNY 4,726,870,561.74 to CNY 4,773,417,511.04, an increase of about 0.99%[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 41,100[11]. - The largest shareholder, Wuxi East Heavy Machinery Technology Group Co., Ltd., held 21.67% of the shares, totaling 218,400,000 shares[11]. Operating Costs and Expenses - Operating costs rose by 99.10% to CNY 2,457,006,105.03 from CNY 1,234,025,963.05, reflecting the increased business volume in the stainless steel supply chain service segment[15]. - Research and development expenses increased by 51.27% to CNY 17,964,843.45 from CNY 11,875,735.31, attributed to new product development in the high-end equipment manufacturing sector[15]. - The company experienced a decrease in sales expenses, which fell to ¥12,661,120.72 from ¥29,365,396.90, a reduction of about 56.9%[33]. - The company’s financial expenses decreased to ¥8,716,049.77 from ¥12,896,475.56, a decline of approximately 32.8%[33]. Non-Recurring Gains and Other Income - The company reported non-recurring gains of ¥23,124,216.15, primarily from government subsidies and other income[8]. - Other income surged by 423.90% to CNY 26,048,394.57 from CNY 4,971,995.01, primarily due to increased government subsidies received during the reporting period[15].