Group 1 - The company reported a revenue of 2.65 billion yuan for 2024, representing a year-over-year increase of 9.8%, with a net profit attributable to shareholders of 230 million yuan, up 7.3% year-over-year [1] - In Q4 2024, the company achieved a revenue of 1.32 billion yuan, a year-over-year increase of 32.4% and a quarter-over-quarter increase of 201.6%, with a net profit of 120 million yuan, up 6.2% year-over-year and 258.8% quarter-over-quarter [1] - For Q1 2025, the company reported a revenue of 470 million yuan, a year-over-year increase of 32.2%, but a quarter-over-quarter decrease of 64.1%, with a net profit of 40 million yuan, up 7.6% year-over-year and down 68.7% quarter-over-quarter [1] Group 2 - The company has seen a trend of improvement in its order backlog, with contract liabilities reaching 842 million yuan by the end of 2024, indicating a strong certainty of revenue growth in the future [2] - In 2024, the company signed new orders totaling 3.871 billion yuan, an increase of 327 million yuan from 2023, representing a year-over-year growth of 9.22% [2] - The company is expected to benefit from the ongoing trend of high-standard grain storage construction, supported by national policies promoting the modernization of grain storage and logistics [2] Group 3 - The company's operating performance slightly exceeded expectations, but unexpected credit impairment losses affected overall results, leading to a downward revision of profit forecasts for 2025-2026 [3] - The revised profit forecasts for 2025, 2026, and 2027 are 290 million yuan, 345 million yuan, and 409 million yuan respectively, with corresponding valuations of 19, 16, and 14 times [3] - The company maintains a rating of "overweight" despite potential risks related to the pace of order conversion and the impact of credit impairment [3]

Core Insights - The company reported a total revenue of 357 million yuan in Q1 2025, representing a year-on-year growth of 10.01%, despite a net loss of 10.39 million yuan, indicating an improvement in profitability metrics [1] Financial Performance - The gross margin reached 30.04%, an increase of 17.66% year-on-year, while the net margin was -3.15%, reflecting a year-on-year increase of 70.32%, suggesting effective cost control and enhanced product value [2] Cost Control - Total selling, administrative, and financial expenses amounted to 48.81 million yuan, with the expense ratio decreasing from 16.91% to 13.69% year-on-year, a decline of 19.07%, indicating effective expense management [3] Cash Flow and Debt Management - Operating cash flow per share improved from -0.31 yuan to -0.11 yuan, a year-on-year increase of 65.58%, although it remains negative; cash and cash equivalents decreased by 7.73% to 798 million yuan, and accounts receivable fell by 13.20% to 1.741 billion yuan. Interest-bearing debt rose to 1.574 billion yuan, an increase of 2.94%, with a cash to current liabilities ratio of only 60.38%, highlighting ongoing cash flow and debt challenges [4] Business Model and Financing - The company's performance is primarily driven by research and development, with cumulative financing of 1.032 billion yuan and cumulative dividends of 422 million yuan since its listing, resulting in a dividend-to-financing ratio of 0.41, reflecting a balance between R&D investment and shareholder returns [5]

前十大流通股东累计持有： 356.23万股，累计占流通股比： 20.06%，较上期变化： -41.23万股。 | 名称 持有数量(万股) | | 占总股本比例 | 增减情况(万 | | --- | --- | --- | --- | | | | (%) | 股) | | 杨兴武 | 59.32 | 3.34 | 新进 | | 吴昊 | 46.38 | 2.61 | 新进 | | 深圳东科讯精密科技有限公司 | 44.41 | 2.50 | 4.91 | | 成立 | 43.00 | 2.42 | 不变 | | 黄景华 | 40.63 | 2.29 | -9.78 | | 李俊良 | 39.83 | 2.25 | 新进 | | 赵恺 | 33.75 | 1.90 | 不变 | | MORGAN STANLEY & CO. INTERNATIONAL PLC. | 21.18 | 1.19 | 新进 | | 余恩洋 | 14.24 | 0.80 | -9.74 | | 田三红 | 13.49 | 0.76 | 新进 | | 较上个报告期退出前十大股东有 | | | | | 圣地亚哥科技(深圳)有限公司 | 82. ...

前十大流通股东累计持有： 11191.41万股，累计占流通股比： 79.67%，较上期变化： 226.10万股。 | 名称 | 持有数量(万股) | 占总股本 | 增减情 | | --- | --- | --- | --- | | | | 比例(%) | 况(万股) | | 天津华图宏阳企业管理有限公司 | 7164.81 | 51.00 | 新进 | | 车璐 | 2322.45 | 16.53 | 不变 | | 张鹏 | 447.55 | 3.19 | 不变 | | 文学军 | 372.95 | 2.65 | 不变 | | 华夏行业景气混合 | 265.13 | 1.89 | 新进 | | 周雪琴 | 167.41 | 1.19 | -14.59 | | 香港中央结算有限公司 | 145.81 | 1.04 | 20.36 | | 平安基金-中国平安人寿保险股份有限公司-寿险传统-低-平安基 | | | | | 金-平安人寿权益4号MOM单一资产管理计划 | 140.34 | 1.00 | 新进 | | 刘向东 | 102.13 | 0.73 | 不变 | | 马宁娜 | 62.83 | 0.45 | 0 ...

前十大流通股东累计持有： 15534.22万股，累计占流通股比： 56.29%，较上期变化： 37.59万股。 | 名称 持有数量(万股) | | 占总股本比例 | 增减情况(万 | | --- | --- | --- | --- | | | | (%) | 股) | | 苏州赛普成长投资管理有限公司 | 10145.00 | 36.77 | 不变 | | 冯正功 | 1975.57 | 7.16 | 不变 | | 张谨 | 726.05 | 2.63 | 不变 | | 苏州广电传媒集团有限公司 | 635.59 | 2.30 | 不变 | | 中衡设计（603017）集团股份有限公司-第一期员工 持股计划 | 542.99 | 1.97 | 不变 | | 中衡设计集团股份有限公司回购专用证券账户 | 350.00 | 1.27 | 不变 | | 苏州市历史文化名城发展集团创业投资有限公司 | 317.80 | 1.15 | 不变 | | 陆学君 | 304.30 | 1.10 | 不变 | | 陈珂 | 280.00 | 1.01 | 新进 | | 廖晨 | 256.92 | 0.93 | 不变 | | 较 ...

Financial Performance - The company reported a basic earnings per share of 0.0035 yuan for Q1 2025, a decrease of 94.17% compared to 0.0600 yuan in Q1 2024 [1] - The net profit for Q1 2025 was 0.01 billion yuan, down 90% from 0.1 billion yuan in Q1 2024 [1] - Operating revenue for Q1 2025 was 0.37 billion yuan, a decline of 73.94% from 1.42 billion yuan in Q1 2024 [1] - The return on equity (ROE) for Q1 2025 was 0.08%, a significant drop of 94.52% from 1.46% in Q1 2024 [1] - The company's net asset per share fell to 0 yuan, a 100% decrease from 4.4 yuan in Q1 2024 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 51.7848 million shares, accounting for 39.41% of the circulating shares, with an increase of 2.1695 million shares compared to the previous period [1] - Notable shareholders include Wuxi Transportation Industry Group Co., Ltd. with 10.23% of total shares, and Wuxi Juhang Investment Partnership with 10.21% [2] - New entrants among the top shareholders include Chen Fengjun and Yao Cancan, while Shanglong Xu, Liu Xiang, and Zhang Ye have exited the top ten list [2] Dividend Policy - The company has announced that it will not distribute dividends or transfer shares this time [3]

一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.1900 | 0.5100 | -62.75 | 0.9300 | | 每股净资产（元） | 8.01 | 8.27 | -3.14 | 8.31 | | 每股公积金(元) | 3.39 | 3.46 | -2.02 | 3.46 | | 每股未分配利润(元) | 3.19 | 3.46 | -7.8 | 3.62 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 4.36 | 6.81 | -35.98 | 8.76 | | 净利润(亿元) | 0.31 | 0.83 | -62.65 | 1.5 | | 净资产收益率(%) | 2.33 | 6.08 | -61.68 | 11.35 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 5789.93万股，累计占流通股比： 51.15%，较 ...

| 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | -0.0300 | -0.1100 | 72.73 | 0.1300 | | 每股净资产（元） | 0 | 8.71 | -100 | 8.81 | | 每股公积金(元) | 2.94 | 2.94 | 0 | 2.95 | | 每股未分配利润(元) | 3.36 | 4.23 | -20.57 | 4.40 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 3.57 | 3.24 | 10.19 | 4.44 | | 净利润(亿元) | -0.1 | -0.34 | 70.59 | 0.42 | | 净资产收益率(%) | -0.40 | -1.19 | 66.39 | 1.44 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 16328.91万股，累计占流通股比： 50.42%，较上期变化： -87.58万股。 ...

一、主要会计数据和财务指标 | 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.0965 | -0.0036 | 2780.56 | 0.1400 | | 每股净资产（元） | 8.45 | 8.42 | 0.36 | 11.5 | | 每股公积金(元) | 4.65 | 4.65 | 0 | 6.91 | | 每股未分配利润(元) | 2.40 | 2.39 | 0.42 | 3.13 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 0.81 | 0.69 | 17.39 | 0.92 | | 净利润(亿元) | 0.11 | 0 | 0 | 0.16 | | 净资产收益率(%) | 1.15 | -0.04 | 2975 | 1.72 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 1536.78万股，累计占流通股比： 22.1%，较上期变化： 207.8 ...

2025年4月24日，汉嘉设计(300746.SZ)发布2024年年报。 公司营业总收入为10.57亿元，较去年同报告期营业总收入减少12.16亿元，同比较去年同期下降 53.50%。归母净利润为-4.30亿元，在已披露的同业公司中排名第30，较去年同报告期归母净利润减少 4.41亿元，同比较去年同期下降4033.95%。经营活动现金净流入为-811.11万元，在已披露的同业公司中 排名第26，较去年同报告期经营活动现金净流入减少6187.42万元，同比较去年同期下降115.09%。 公司最新资产负债率为72.93%，在已披露的同业公司中排名第28，较去年同期资产负债率增加20.89个 百分点。 公司股东户数为1.91万户，前十大股东持股数量为1.40亿股，占总股本比例为62.05%，前十大股东持股 情况如下： | 序号 | 股东名称 | 持股比例 | | --- | --- | --- | | T | 浙江城建集团股份有限公司 | 51.60% | | 2 费禺铭 | | 6.20% | | 3 高重建 | | 0.75% | | 4 古鹏 | | 0.70% | | 岑政平 | | 0.66% | | 5 ...