Shenzhen Hongfuhan Technology Co., Ltd. (hereinafter referred to as "the Company") has audited its 2025 annual financial statements by Lixin Certified Public Accountants (Special General Partnership), which issued a standard unqualified audit report. Based on the audit report and relevant financial settlement materials, the Company summarizes its 2025 annual financial settlement report as follows:
During the reporting period, the Company achieved operating revenue of CNY 911,214,168.99, a year-on-year increase of 11.28%; net profit attributable to shareholders of the listed company was CNY 101,464,023.08, a decrease of 7.52% year-on-year; basic earnings per share was CNY 1.13, down 7.38% year-on-year. At the end of the reporting period, the total assets of the Company were CNY 3,892,777,775.17, an increase of 45.79% compared to the beginning of the period, which was CNY 2,670,198,323.77; total liabilities were CNY 193,860,720.00, an increase of 169.14% compared to the beginning of the period, which was CNY 72,029,890.00.
Main Financial Data
| Item | 2025 | 2024 | Change from Previous Year | 2023 |
|---|---|---|---|---|
| Operating Revenue (CNY) | 911,214,168.99 | 818,839,399.70 | 11.28% | 670,623,319.71 |
| Net Profit Attributable to Shareholders (CNY) | 101,464,023.08 | 109,720,048.59 | -7.52% | 105,858,215.62 |
| Net Profit Attributable to Shareholders (excluding non-recurring gains and losses) (CNY) | 87,165,968.08 | 95,734,025.37 | -8.95% | 93,491,990.73 |
| Net Cash Flow from Operating Activities (CNY) | 97,892,980.90 | 113,169,873.79 | -13.50% | 72,248,765.58 |
| Basic Earnings per Share (CNY/share) | 1.13 | 1.22 | -7.38% | 1.18 |
| Diluted Earnings per Share (CNY/share) | 1.13 | 1.22 | -7.38% | 1.18 |
| Weighted Average Return on Equity | 5.22% | 5.71% | -0.49% | 5.58% |
Asset and Liability Status
| Item | End of Period Balance | Beginning of Period Balance | Change Rate |
|---|---|---|---|
| Cash and Cash Equivalents | 552,506,220.89 | 235,525,549.37 | 134.58% |
| Notes Receivable | 15,416,754.02 | 6,453,068.96 | 138.91% |
| Accounts Receivable Financing | 8,185,899.97 | 168,544.02 | 4,756.83% |
| Prepayments | 11,228,682.62 | 8,599,539.11 | 30.57% |
| Contract Assets | 2,891,117.68 | 5,211,288.37 | -44.52% |
| Other Current Assets | 211,389,899.05 | 150,786,237.18 | 40.19% |
| Long-term Receivables | 897,845.51 | 1,681,153.44 | -46.59% |
| Long-term Deferred Expenses | 10,036,926.39 | 5,030,091.74 | 99.54% |
| Other Non-current Assets | 468,742,900.95 | 15,875,838.44 | 2,852.56% |
| Short-term Borrowings | 221,222,897.12 | 115,902,312.50 | 90.87% |
| Notes Payable | 369,203,924.90 | 215,536,006.58 | 71.30% |
| Accounts Payable | 214,039,122.17 | 163,250,472.81 | 31.11% |
| Contract Liabilities | 35,738,587.06 | 19,409,535.37 | 84.13% |
| Other Payables | 9,580,835.65 | 5,194,742.42 | 84.43% |
| Non-current Liabilities Due within One Year | 52,920,799.74 | 19,200,210.74 | 175.63% |
| Other Current Liabilities | 88,278,674.55 | 2,485,787.66 | 3,451.34% |
| Long-term Borrowings | 857,050,893.76 | 114,825,755.84 | 646.39% |
| Lease Liabilities | 6,780,124.10 | 5,160,758.22 | 31.38% |
| Deferred Income | 25,638,697.27 | 7,391,759.31 | 246.86% |
| Minority Interests | 2,337,982.03 | 7,799,064.24 | -70.02% |