LNCD(600739)2025-04-29 12:28Financial Performance - The company's operating revenue for Q1 2025 was CNY 2,568,668,820.56, representing a 4.39% increase compared to CNY 2,460,529,664.29 in the same period last year[5]. - Net profit attributable to shareholders increased significantly by 295.12% to CNY 347,390,144.67 from CNY 87,921,268.95 year-on-year[5]. - Basic earnings per share rose to CNY 0.2282, marking a 294.81% increase from CNY 0.0578 in the previous year[5]. - The total comprehensive income for Q1 2025 was ¥327,981,277.85, compared to ¥207,793,733.36 in Q1 2024, showing an increase of 57.8%[21]. - Net profit for Q1 2025 was ¥384,593,793.11, significantly higher than ¥63,758,817.96 in Q1 2024, representing a year-over-year increase of 503.5%[21]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 48,756,330,854.74, a 1.92% increase from CNY 47,837,839,312.34 at the end of the previous year[6]. - The total liabilities increased to RMB 16,039,431,509.50 as of March 31, 2025, compared to RMB 15,455,279,166.22 at the end of 2024, indicating a rise of approximately 3.77%[17]. - The total assets as of March 31, 2025, amounted to 41,182,720,495.38 RMB, up from 40,353,736,988.18 RMB at the end of 2024, indicating growth in asset base[27]. - The total liabilities increased to 14,468,386,911.13 RMB from 14,051,557,520.71 RMB, reflecting a rise in financial obligations[29]. Cash Flow - The net cash flow from operating activities improved to CNY -278,413,328.64, compared to CNY -356,953,308.79 in the same period last year[5]. - Cash flow from financing activities generated a net inflow of 561,391,000.12 RMB, compared to 221,283,810.50 RMB in the previous period, suggesting enhanced financing capabilities[25]. - Cash inflow from investment activities in Q1 2025 totaled ¥766,671,686.26, compared to ¥686,949,905.43 in Q1 2024, indicating a growth of 11.6%[24]. - The net cash flow from investing activities was -585,296,103.45 RMB, a significant decrease compared to 6,196,179.73 RMB in the previous period, indicating a shift towards more cash outflows for investments[25]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 69,591[10]. - The top shareholder, Shaoguan Gaoteng Enterprise Management Co., Ltd., held 15.30% of the shares, totaling 234,004,700 shares[11]. - There are no significant changes in the top ten shareholders or their participation in margin trading as of the reporting period[12]. Investment and Expenses - Research and development expenses for Q1 2025 were ¥51,861,758.56, down 12.1% from ¥58,997,464.13 in Q1 2024[20]. - The company reported investment income of ¥554,149,754.60 in Q1 2025, a significant increase from ¥244,029,332.11 in Q1 2024[20]. - The financial expenses for Q1 2025 were 69,354,579.41 RMB, a decrease from 76,972,546.48 RMB in Q1 2024, indicating improved cost management[32]. - The company experienced a decrease in sales expenses, which were ¥125,379,153.00 in Q1 2025, slightly down from ¥127,899,738.30 in Q1 2024[20].