SANHE(003037)2025-04-28 09:00Financial Performance - The company's revenue for Q1 2025 reached ¥1,392,322,276.69, representing a 10.07% increase compared to ¥1,264,966,343.54 in the same period last year[5] - Net profit attributable to shareholders was ¥34,601,282.47, a significant turnaround from a loss of ¥10,848,529.23, marking a 418.95% increase year-over-year[5] - The net profit excluding non-recurring items was ¥26,384,302.48, up 244.84% from a loss of ¥18,216,035.25 in the previous year[5] - The basic earnings per share increased to ¥0.0580 from a loss of ¥0.0181, reflecting a 420.44% improvement[5] - The weighted average return on equity rose to 1.25% from -0.39% in the same period last year[5] - The total comprehensive income for the period was ¥33,911,585.39, compared to a loss of ¥11,018,856.62 in the previous period[24] Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥131,090,003.15, a 55.08% increase from -¥291,854,764.15[5] - Cash inflow from operating activities totaled ¥954,341,636.25, up from ¥780,962,156.41 in the previous period[25] - Cash outflow from operating activities was ¥1,085,431,639.40, slightly up from ¥1,072,816,920.56[25] - The ending cash and cash equivalents balance was ¥646,763,465.31, down from ¥989,162,934.50 in the previous period[25] - The company's cash and cash equivalents decreased to CNY 717,285,227.82 from CNY 1,333,887,004.41, a decline of approximately 46.3%[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,139,515,712.04, up 2.12% from ¥6,991,143,149.62 at the end of the previous year[5] - The company's total liabilities increased to ¥4,327,969,836.06 from ¥4,213,347,747.87, marking a rise of 2.73%[20] - Total equity attributable to shareholders rose to ¥2,789,678,400.30, up from ¥2,755,363,604.82, indicating an increase of 1.25%[20] - Current assets totaled CNY 4,178,083,587.20, up from CNY 4,023,123,407.19, indicating an increase of about 3.86%[18] - The total amount of accounts payable decreased to ¥904,091,549.95 from ¥1,014,976,312.78, a decline of 10.90%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,850[11] - The company plans to repurchase shares to boost investor confidence, with a commitment to increase holdings within six months starting from January 10, 2025[15] - A total of 392,815,000 shares, accounting for 65.57% of the total share capital, will be released for trading on February 5, 2025, which may impact market liquidity[16] Investment and Expenses - Research and development expenses for the current period were ¥12,756,618.99, compared to ¥10,811,120.87 in the previous period, reflecting a growth of 18.01%[22] - The company reported a significant increase in investment income, which reached ¥1,797,782.75, compared to ¥768,089.53 in the previous period[23] - The company terminated the fundraising project for the construction of a production line for high-strength concrete piles, indicating a strategic shift in investment focus[16] Operational Performance - Total operating revenue for the current period reached ¥1,392,322,276.69, an increase of 10.06% compared to ¥1,264,966,343.54 in the previous period[22] - Total operating costs amounted to ¥1,361,284,891.00, up from ¥1,290,731,659.39, reflecting a year-over-year increase of 5.47%[22] - Net profit for the current period was ¥34,036,961.22, a significant recovery from a net loss of ¥11,014,091.62 in the previous period[23] Other Information - The company received government subsidies amounting to ¥3,725,842.95, contributing positively to its financial performance[7] - The company's long-term equity investments remained stable at CNY 37,538,994.86, showing minimal change from the previous period[18] - The first quarter report was not audited[26]