LPM(605577)2024-04-29 08:46Financial Performance - The company's operating revenue for Q1 2024 was ¥645,227,828.59, representing a year-on-year increase of 4.44%[10] - The net profit attributable to shareholders for the same period was ¥137,334,767.76, showing a decrease of 2.90% compared to the previous year[10] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥134,017,202.93, down by 2.02% year-on-year[10] - The basic and diluted earnings per share were both ¥0.3090, a decrease of 2.89% year-on-year[11] - Operating profit for Q1 2024 was ¥165,747,700.95, up from ¥141,759,266.29 in Q1 2023, representing a growth of 16.9%[58] - The total profit for the current period is approximately 141.44 million in the previous period, representing an increase of about 17.3%[59] - The net profit attributable to shareholders of the parent company is approximately 141.44 million in the previous period, reflecting a decline of about 2.4%[59] - The total comprehensive income for the current period is approximately 141.68 million in the previous period, showing a decrease of about 2.2%[59] - The basic earnings per share for the current period is 0.3182 in the previous period, reflecting a decline of about 2.7%[59] Assets and Liabilities - The company's total assets at the end of the reporting period reached ¥5,578,423,047.71, an increase of 4.84% from the end of the previous year[11] - The equity attributable to shareholders of the listed company was ¥3,782,247,762.44, reflecting a growth of 3.78% compared to the previous year[11] - Total current assets as of March 31, 2024, amounted to ¥3,192,741,268.78, up from ¥2,939,768,165.66 at the end of 2023, indicating a growth of 8.6%[47] - Total liabilities increased to ¥1,796,175,285.27 from ¥1,676,301,252.05, reflecting a rise of 7.1%[47] - The company's total equity reached ¥3,782,247,762.44, compared to ¥3,644,640,563.01, an increase of 3.8%[47] Cash Flow - The net cash flow from operating activities was negative at -¥4,138,625.99, indicating a significant change in cash flow dynamics[10] - Net cash flow from operating activities for Q1 2024 was CNY -4,138,625.99, an improvement from CNY -101,647,488.62 in Q1 2023[30] - The net cash flow from investment activities is approximately -70.44 million in the previous period[61] - The cash flow from financing activities resulted in a net decrease of cash and cash equivalents of approximately -31.21 million in the previous period[61] Expenses and Investments - Research and development expenses for the period were ¥206.82 million, attributed to an increase in R&D projects[15] - Research and development expenses increased significantly to ¥1,408,416.33 from ¥459,041.36, marking a rise of 205.5%[58] - The company experienced a decrease in investment income by ¥54.46 million, primarily due to a reduction in financial management income[15] Other Financial Metrics - The company reported government subsidies amounting to ¥2,380,818.78, which are closely related to its normal business operations[5] - Accounts payable rose to CNY 566,250,607.13, a significant increase of 46.53% compared to CNY 386,430,422.78 in the previous year[39] - Cash received from sales of goods and services decreased to CNY 173,016,585.27, down 30.54% from CNY 249,126,924.23 in Q1 2023[30] - Other non-current assets increased by 416.39%, primarily due to prepayments for renovation projects[38] - Deferred tax assets rose to CNY 51,542,634.15, up from CNY 44,576,519.57, indicating a growth of approximately 15.5%[25] - Other receivables decreased by 30.22%, mainly due to the receipt of pension insurance refunds[38] - Total non-current assets amounted to CNY 2,385,681,778.93, a marginal increase from CNY 2,381,173,649.40[25] - Contract liabilities decreased by 35.20%, reflecting a reduction in advance payments received[38] - The company reported a significant increase in accounts receivable, which rose to ¥461,526,596.08 from ¥81,255,523.95, indicating a growth of 468.5%[47] - Cash and cash equivalents decreased slightly to ¥2,103,472,342.90 from ¥2,135,476,382.93, a decline of 1.5%[47] - The cash and cash equivalents at the end of the period amount to approximately 1.60 billion at the end of the previous period, showing an increase of about 27.5%[61] - The company did not report any net profit from the merged entity prior to the merger, indicating no impact on the current financial results from this activity[60]