LEAD INTELLIGENT(300450)2025-04-28 18:25Financial Performance - The company's revenue for Q1 2025 was CNY 3,098,445,659.16, a decrease of 6.42% compared to CNY 3,310,928,547.41 in the same period last year[5] - Net profit attributable to shareholders was CNY 365,253,718.48, down 35.30% from CNY 564,502,405.41 year-on-year[5] - Total operating revenue for the current period is ¥3,098,445,659.16, a decrease of 6.4% from ¥3,310,928,547.41 in the previous period[22] - Net profit for the current period is ¥350,903,763.11, down 36.1% from ¥549,588,537.35 in the previous period[23] - Operating profit decreased to ¥386,391,313.79, a decline of 38.0% compared to ¥622,733,558.29 in the previous period[23] - Basic earnings per share decreased to ¥0.2349 from ¥0.3597, reflecting a decline of 34.6%[23] Cash Flow and Liquidity - The net cash flow from operating activities increased by 221.66%, reaching CNY 864,087,995.91, compared to a negative cash flow of CNY -710,246,622.25 in the previous year[5] - The net cash flow from operating activities was 710,246,622.25 in the previous period, indicating a turnaround in operational efficiency[26] - Cash inflow from investment activities totaled 141,428,830.14 in the prior period, reflecting enhanced investment recovery strategies[26] - The total cash and cash equivalents at the end of the period reached 1,570,446,713.11, showcasing a strong liquidity position[27] - Cash paid for purchasing goods and services was 2,501,977,660.91, indicating cost control measures[26] - The cash outflow for operating activities decreased to 5,739,098,187.42, reflecting improved operational cash management[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 37,899,754,087.05, reflecting a 4.75% increase from CNY 36,182,558,952.99 at the end of the previous year[5] - Total assets increased to ¥37,899,754,087.05, up from ¥36,182,558,952.99, reflecting a growth of 4.7%[22] - Total liabilities rose to ¥25,945,106,550.92, an increase of 5.4% from ¥24,603,174,560.28[22] - The company's total equity attributable to shareholders increased to ¥11,986,569,290.38, up from ¥11,597,531,383.37, representing a growth of 3.4%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 112,196[16] - The largest shareholder, Lhasa Xindao Venture Capital Co., Ltd., holds 21.46% of shares, totaling 336,039,506 shares[16] - The top ten shareholders collectively hold a significant portion of the company's equity, with the top three alone accounting for over 34%[16] - The total number of preferred shareholders with restored voting rights is 0[16] - The company has no changes in the number of restricted shares during the reporting period[18] Strategic Initiatives - The company plans to continue focusing on market expansion and enhancing customer relationships to drive future growth[5] - The company plans to issue shares overseas (H shares) and apply for listing on the Hong Kong Stock Exchange[18] - The company submitted its application for this issuance and listing on February 25, 2025[18] Expenses and Income - Sales expenses surged by 299.67% to CNY 62,708,360.99, driven by enhanced overseas market expansion and customer acquisition strategies[11] - The company recorded a 72.57% decrease in other income, amounting to CNY 43,065,565.02, due to fewer VAT rebates and policy subsidies compared to the previous year[11] - The company incurred a financial expense of CNY 40,783,467.30, a 189.42% increase, due to expanded bank borrowings and increased interest expenses[11] - Research and development expenses for the current period were ¥396,184,626.11, slightly up from ¥388,809,265.70 in the previous period[22] - The company reported a credit impairment loss of ¥101,021,811.17, compared to a gain of ¥35,468,778.73 in the previous period[22] - Other comprehensive income after tax for the current period is ¥9,698,202.67, compared to a loss of ¥4,645,704.04 in the previous period[23]