SDHH(SZ:000822) Xin Lang Cai Jing·2025-04-26 01:53Core Viewpoint - Shandong Haihua (000822.SZ) reported a significant decline in revenue and profit for Q1 2025, indicating financial distress and underperformance compared to peers [1][3]. Financial Performance - The company's total revenue for Q1 2025 was 1.024 billion yuan, a decrease of 820 million yuan, representing a year-on-year decline of 44.46% [1]. - The net profit attributable to shareholders was -66.5246 million yuan, down by 222 million yuan, reflecting a year-on-year decrease of 142.75% [1]. - Operating cash flow showed a net inflow of 49.9527 million yuan, down by 192 million yuan, which is a year-on-year decline of 79.38% [1]. Financial Ratios - The latest debt-to-asset ratio stood at 39.68%, an increase of 0.07 percentage points from the previous quarter and up by 6.90 percentage points year-on-year [3]. - The gross profit margin was 11.47%, down by 2.51 percentage points from the previous quarter and down by 6.77 percentage points year-on-year [3]. - Return on equity (ROE) was -1.30%, a decrease of 4.21 percentage points compared to the same period last year [3]. Earnings Per Share and Turnover - The diluted earnings per share were -0.07 yuan, a decrease of 0.24 yuan, reflecting a year-on-year decline of 141.18% [3]. - The total asset turnover ratio was 0.12 times, down by 0.11 times year-on-year, representing a decline of 48.03% [3]. - The inventory turnover ratio was 1.33 times, down by 3.86 times year-on-year, indicating a decline of 74.35% [3]. Shareholder Information - The number of shareholders was 62,600, with the top ten shareholders holding 395 million shares, accounting for 44.16% of the total share capital [3]. - The largest shareholder, Shandong Haihua Group Co., Ltd., holds 40.34% of the shares [3].