Hualing Xingma revenue surges 43.93% in Q1 2025

Hualing Xingma Automobile Group (SSE:600375) reported a 43.93% year-over-year surge in revenue for Q1 2025, reaching CNY 1,320,363,965.32 compared to CNY 917,380,821.20 in the same period last year. Net profit attributable to shareholders was CNY 11,759,228.50, reversing a loss of CNY -65,709,917.39 from the previous year. Despite the strong revenue growth and profitability improvements, the company faced a negative cash flow from operating activities, amounting to CNY -106,830,955.01, a sharp decrease compared to CNY 40,082,887.32 in Q1 2024. Basic earnings per share stood at CNY 0.01.