JLEC(601518)2025-04-25 08:10Financial Performance - The company's operating revenue for Q1 2025 was CNY 252.43 million, a decrease of 4.95% compared to CNY 265.58 million in the same period last year[3]. - Net profit attributable to shareholders was CNY 114.37 million, down 4.46% from CNY 119.71 million year-on-year[3]. - Total operating revenue for Q1 2025 was CNY 252,427,466.74, a decrease of 4.3% compared to CNY 265,581,335.66 in Q1 2024[14]. - Net profit for Q1 2025 was CNY 124,898,208.37, a decrease of 4.4% compared to CNY 130,676,686.71 in Q1 2024[16]. - The weighted average return on equity decreased by 0.26 percentage points to 2.10% compared to 2.36% in the previous year[4]. - The company maintained a basic and diluted earnings per share of CNY 0.06 for both Q1 2025 and Q1 2024, indicating stable earnings performance[16]. Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 48.54%, from CNY 119.91 million to CNY 61.71 million, primarily due to reduced toll revenue and lower engineering payments received[3][4]. - In Q1 2025, the net cash flow from operating activities was ¥61,708,098.44, a decrease of 48.5% compared to ¥119,913,576.60 in Q1 2024[18]. - Total cash inflow from operating activities in Q1 2025 was ¥227,593,099.16, down 15.8% from ¥270,335,937.25 in Q1 2024[18]. - Cash outflow from operating activities increased to ¥165,885,000.72 in Q1 2025, compared to ¥150,422,360.65 in Q1 2024, representing an increase of 10.5%[18]. - The cash flow from financing activities showed a net outflow of -¥123,445.01 in Q1 2025, compared to -¥8,811,211.29 in Q1 2024, indicating a significant reduction in outflow[18]. - The ending cash and cash equivalents balance for Q1 2025 was ¥1,715,227,568.23, an increase from ¥1,603,386,581.30 in Q1 2024[19]. - The net increase in cash and cash equivalents for Q1 2025 was ¥57,749,448.07, compared to ¥104,749,668.90 in Q1 2024, a decrease of 44.8%[18]. Assets and Liabilities - Total assets at the end of Q1 2025 increased to CNY 6.35 billion, reflecting a growth of 1.07% from CNY 6.28 billion at the end of the previous year[4]. - The company's total assets increased to CNY 6,348,368,198.36 in Q1 2025 from CNY 6,281,374,586.10 in Q1 2024, reflecting a growth of 1.1%[12]. - Total liabilities decreased to CNY 402,515,368.67 in Q1 2025 from CNY 460,419,964.78 in Q1 2024, a reduction of 12.6%[11]. - The total equity attributable to shareholders increased to CNY 5,500,664,678.32 in Q1 2025 from CNY 5,386,290,265.05 in Q1 2024, reflecting a growth of 2.1%[12]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,844, with the largest shareholder holding 54.35% of the shares[6]. Operational Insights - The company did not report any significant new product developments or market expansion strategies during this quarter[2]. - Research and development expenses for Q1 2025 were CNY 192,120.90, significantly lower than CNY 619,058.30 in Q1 2024, indicating a focus on cost management[14]. - The company reported a decrease in accounts payable from CNY 150,868,861.87 in Q1 2024 to CNY 100,051,245.51 in Q1 2025, a decline of 33.6%[11]. - Accounts receivable rose to CNY 138.86 million, up from CNY 102.72 million, indicating an increase in credit sales[9]. - Payments to employees decreased to ¥26,308,731.30 in Q1 2025 from ¥30,587,903.09 in Q1 2024, a decrease of 13.5%[18]. - Tax payments decreased to ¥55,967,174.67 in Q1 2025 from ¥63,004,103.91 in Q1 2024, a decrease of 11.1%[18].