LSKJ(300680)2025-04-25 09:00Financial Performance - The company's revenue for Q1 2025 was CNY 605,783,627.37, representing a 7.06% increase compared to CNY 565,815,996.15 in the same period last year[5] - Net profit attributable to shareholders was CNY 58,668,946.25, up 11.41% from CNY 52,661,551.03 year-on-year[5] - The basic earnings per share increased to CNY 0.2540, reflecting an 11.45% rise from CNY 0.2279 in the previous year[5] - Total operating revenue for the current period reached ¥605,783,627.37, an increase of 7.3% compared to ¥565,815,996.15 in the previous period[22] - Net profit for the current period was ¥60,774,844.71, representing a growth of 14.5% from ¥53,151,365.17 in the previous period[23] - The company's operating profit increased to ¥68,932,219.22, compared to ¥60,339,814.03, marking a rise of 14.0%[23] - The total comprehensive income for the period was CNY 60,774,844.71, compared to CNY 53,106,757.04 in the previous period, representing an increase of approximately 14.1%[24] - The net income attributable to the parent company was CNY 58,668,946.25, up from CNY 52,634,786.15, indicating a growth of about 11.4%[24] - Basic and diluted earnings per share increased to CNY 0.2540 from CNY 0.2279, reflecting a rise of approximately 11.5%[24] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,078,265,011.11, a 1.96% increase from CNY 3,999,757,536.93 at the end of the previous year[5] - Total liabilities increased to ¥2,049,835,457.65 from ¥1,998,770,842.10, reflecting a rise of 2.6%[20] - The company's equity attributable to shareholders rose to ¥1,953,070,824.01, compared to ¥1,927,733,863.84, an increase of 1.3%[20] Cash Flow - The net cash flow from operating activities was negative at CNY -42,888.05, a significant decline of 100.06% compared to CNY 75,735,686.42 in the same period last year[5] - Cash inflows from operating activities totaled CNY 497,287,867.76, compared to CNY 438,653,834.22 in the previous period, marking an increase of about 13.3%[27] - Cash outflows from operating activities were CNY 497,330,755.81, up from CNY 362,918,147.80, resulting in a net cash flow from operating activities of CNY -42,888.05, a significant decline from CNY 75,735,686.42[27] - The net increase in cash and cash equivalents for the period was CNY 66,168,452.11, contrasting with a decrease of CNY 102,095,717.26 in the previous period[27] - The ending balance of cash and cash equivalents was CNY 340,113,524.02, compared to CNY 227,235,790.41 at the end of the previous period, representing an increase of approximately 49.6%[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,690, with the largest shareholder holding 21.26% of the shares[10] - The company has repurchased a total of 1,028,100 shares, representing 0.45% of the total share capital, with a total expenditure of ¥33,329,277[16] - The company’s major shareholders include Ni Maosheng and Ni Ming, who are related, with significant holdings of 12,279,253 and 4,692,543 shares respectively[14] - The company’s stock repurchase program had a maximum transaction price of ¥39.36 per share and a minimum of ¥27.15 per share, reflecting a strategic approach to enhance shareholder value[16] Tax and Other Income - The company reported a 46.40% increase in taxes and surcharges, amounting to CNY 255.02, due to higher revenue[9] - The company recorded a 66.56% increase in other income, amounting to CNY 880.67, attributed to increased VAT deductions[9] - The company reported a significant increase in tax expenses, which rose to ¥14,393,498.20 from ¥12,794,315.81, reflecting an increase of 12.5%[20] Investment and Expenses - Investment income surged by 935.86% to CNY 279.39, compared to CNY 26.97 in the previous year, driven by increased dividend income from financial products[9] - Research and development expenses were ¥21,726,520.04, up from ¥19,080,186.81, indicating an increase of 13.9%[23] - Total operating costs amounted to ¥553,788,696.59, up from ¥510,899,937.05, reflecting a rise of 8.4%[22] Other Financial Metrics - The company's accounts receivable decreased to ¥800,422,129.13 from ¥834,661,800.01, indicating a reduction of about 4.1%[18] - The company’s accounts receivable notes decreased significantly from ¥20,352,619.24 to ¥10,300,155.68, a decline of approximately 49.3%[18] - The company’s total restricted shares at the end of the period were 51,877,938, down from 58,329,814, indicating a reduction in locked shares[15] - The company’s trading financial assets increased slightly to ¥336,209,400.31 from ¥332,155,703.87, showing a marginal growth of about 1.6%[18] - The company experienced a 372.22% increase in prepayments, totaling CNY 8,092.90, indicating a rise in material purchases[9]