LIBA(SH:603519)2025-04-24 08:05Financial Performance - The company's operating revenue for Q1 2025 was CNY 418,755,488.37, representing a 6.53% increase compared to CNY 393,092,250.32 in the same period last year[3] - Net profit attributable to shareholders was CNY 34,717,436.74, up 9.91% from CNY 31,586,736.71 year-on-year[3] - Basic and diluted earnings per share were both CNY 0.13, reflecting an 8.33% increase from CNY 0.12 in the previous year[4] - Operating profit for Q1 2025 was CNY 46,642,630.23, compared to CNY 37,091,416.45 in Q1 2024, indicating a growth of 25.5%[19] - Net profit for Q1 2025 was CNY 46,523,709.38, an increase from CNY 37,043,551.25 in Q1 2024, representing a growth of 25.5%[19] - The net profit for Q1 2025 was CNY 34,717,436.74, an increase of 9.0% compared to CNY 31,586,736.71 in Q1 2024[20] - Basic and diluted earnings per share for Q1 2025 were CNY 0.13, up from CNY 0.12 in Q1 2024, reflecting a growth of 8.33%[20] Cash Flow and Liquidity - The net cash flow from operating activities increased by 47.08%, reaching CNY 56,194,081.82, primarily due to payments made via acceptance bills[6] - Cash flow from operating activities for Q1 2025 was CNY 56,194,081.82, compared to CNY 38,207,754.60 in Q1 2024, representing a significant increase of 47.0%[23] - The total cash outflow from operating activities in Q1 2025 was CNY 152,429,783.16, compared to CNY 479,812,089.47 in Q1 2024, showing a decrease of 68.3%[23] - Cash and cash equivalents as of March 31, 2025, amounted to CNY 495,213,309.58, up from CNY 406,900,558.37 at the end of 2024, a rise of 21.7%[14] - Total cash and cash equivalents at the end of Q1 2025 reached CNY 494,969,678.75, a decrease from CNY 893,624,115.32 at the end of Q1 2024[24] - Cash inflow from financing activities in Q1 2025 was CNY 40,000,000.00, down from CNY 120,000,000.00 in Q1 2024, indicating a decline of 66.67%[24] - The net cash flow from investment activities for Q1 2025 was CNY 358,232.75, an increase from CNY 88,200.00 in Q1 2024[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,668,090,951.73, a 4.04% increase from CNY 1,603,286,509.21 at the end of the previous year[4] - Total assets increased to CNY 1,668,090,951.73 as of March 31, 2025, compared to CNY 1,603,286,509.21 at the end of 2024, reflecting a growth of 4.0%[16] - Total liabilities rose to CNY 298,512,866.08 from CNY 268,425,860.30, marking an increase of 11.2%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,975[8] - The largest shareholder, Lu Fengxian, holds 25.92% of the shares, totaling 69,039,049 shares[8] - Shareholders' equity attributable to the parent company was CNY 1,369,578,085.65, up 2.60% from CNY 1,334,860,648.91[4] Operational Metrics - Total operating costs for Q1 2025 were CNY 372,704,061.53, up from CNY 361,517,694.62 in Q1 2024, reflecting a growth of 3.3%[19] - Research and development expenses for Q1 2025 were CNY 13,280,962.20, compared to CNY 11,787,122.24 in Q1 2024, an increase of 12.7%[19] - The company reported a decrease in accounts receivable from CNY 304,652,208.31 in December 2024 to CNY 296,227,085.50 in March 2025, a decline of 2.0%[14] - The company’s inventory decreased from CNY 119,141,812.68 at the end of 2024 to CNY 114,254,067.14 as of March 31, 2025, a decline of 4.9%[14] - The company reported a decrease in sales revenue from CNY 219,686,887.31 in Q1 2024 to CNY 198,279,252.22 in Q1 2025, a decline of 9.7%[23] Other Information - The company reported non-recurring gains and losses totaling CNY 587,457.77 for the period[6] - The company did not execute any mergers or acquisitions during the reported period[25] - The company plans to implement new accounting standards starting from 2025, which may affect future financial reporting[25]