乐惠国际(603076) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 206,166,022.98, a decrease of 5.87% compared to CNY 219,025,834.52 in the same period last year[4]. - Net profit attributable to shareholders increased by 160.61% to CNY 8,938,268.88 from CNY 3,429,701.48 year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses rose by 185.73% to CNY 4,004,910.11 from CNY 1,401,621.72 year-on-year[4]. - Basic and diluted earnings per share increased by 133.33% to CNY 0.07 from CNY 0.03 year-on-year[4]. - Net profit for Q1 2025 reached CNY 7.32 million, significantly higher than CNY 2.01 million in Q1 2024, marking an increase of 264.5%[19]. - The company reported a total comprehensive income of CNY 7.62 million in Q1 2025, compared to CNY 1.96 million in Q1 2024, an increase of 287.5%[20]. - The company's investment income for Q1 2025 was CNY 1.37 million, a recovery from a loss of CNY 5.80 million in Q1 2024[19]. Cash Flow and Liquidity - The net cash flow from operating activities surged by 2,494.67% to CNY 174,801,082.52 compared to CNY 6,736,930.92 in the previous year[4]. - Cash inflow from operating activities in Q1 2025 was CNY 622.50 million, up from CNY 414.48 million in Q1 2024, indicating a growth of 50.2%[21]. - The total cash and cash equivalents at the end of the period reached $455,907,778.58, an increase from $355,274,226.64, indicating improved liquidity[22]. - The company reported a total cash outflow from operating activities of $447,698,002.04, compared to $407,747,153.79, showing increased operational costs[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,405,019,924.92, a decrease of 2.02% from CNY 3,475,072,132.20 at the end of the previous year[5]. - The equity attributable to shareholders increased by 0.71% to CNY 1,316,959,252.00 from CNY 1,307,718,142.58 at the end of the previous year[5]. - The company's total liabilities decreased from CNY 2.13 billion to CNY 2.05 billion, reflecting a decline of about 3.9%[15]. - Current liabilities decreased from CNY 2.01 billion to CNY 1.97 billion, a decline of about 1.9%[15]. - Short-term borrowings decreased significantly from CNY 556.30 million to CNY 437.85 million, a reduction of approximately 21.3%[15]. - The company reported a significant increase in contract liabilities from CNY 872.74 million to CNY 998.63 million, an increase of approximately 14.4%[15]. Operating Costs and Revenue - Total operating costs increased to CNY 224.10 million in Q1 2025, up from CNY 220.91 million in Q1 2024, representing a rise of 1.0%[18]. - The decrease in operating revenue was mainly attributed to a reduction in project acceptance compared to the previous year[8]. Research and Development - Research and development expenses decreased to CNY 10.77 million in Q1 2025 from CNY 11.35 million in Q1 2024, a decline of 5.0%[19]. Financial Expenses - Financial expenses dropped significantly to CNY 4.04 million in Q1 2025 from CNY 8.08 million in Q1 2024, a reduction of 50.0%[19]. Accounting Standards - The company will not apply new accounting standards starting from 2025, maintaining current reporting practices[23].