LH(SH:600099)2025-04-25 09:30Financial Performance - The company's operating revenue for Q1 2025 was ¥271,076,790.71, representing a 34.44% increase compared to ¥201,633,840.13 in the same period last year[3] - Net profit attributable to shareholders increased by 74.32% to ¥3,493,634.39 from ¥2,004,097.58 year-on-year[3] - The basic earnings per share rose by 74.73% to ¥0.0159, up from ¥0.0091 in the previous year[3] - Total operating revenue for Q1 2025 reached ¥271,076,790.71, a 34.4% increase from ¥201,633,840.13 in Q1 2024[18] - Net profit for Q1 2025 was ¥3,493,634.39, representing a 74.2% increase compared to ¥2,004,097.58 in Q1 2024[19] - Basic and diluted earnings per share for Q1 2025 were both ¥0.0159, compared to ¥0.0091 in Q1 2024[19] Cash Flow and Investments - The net cash flow from operating activities decreased by 74.10% to ¥9,204,184.77, down from ¥35,544,072.83 in the same period last year[3] - Cash flow from operating activities for Q1 2025 was ¥9,204,184.77, a decrease of 74.1% from ¥35,544,072.83 in Q1 2024[21] - The net cash flow from investment activities was -$6,727,289.79, compared to -$2,716,751.07 in the previous period, indicating a decline in investment performance[22] - Cash flow from financing activities resulted in a net outflow of -$187,500.00, slightly worse than the previous outflow of -$170,833.33[22] - The net increase in cash and cash equivalents was $3,183,592.86, a significant decrease from $33,016,226.06 in the previous period[22] - The ending balance of cash and cash equivalents was $196,658,433.27, down from $267,171,773.30 at the end of the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥994,559,005.70, a decrease of 3.55% from ¥1,031,205,356.64 at the end of the previous year[5] - Total liabilities as of the reporting date were ¥463,657,725.62, down from ¥506,347,978.44 in the previous period[16] - Total liabilities include accounts payable of ¥304,486,990.54, which increased from ¥225,660,370.80, representing a rise of approximately 35%[15] - Accounts receivable decreased to ¥186,455,910.53 from ¥206,419,701.17, indicating a reduction of approximately 9.4%[14] - Inventory decreased to ¥120,655,496.59 from ¥143,359,214.41, reflecting a decline of about 15.8%[14] - Total non-current assets increased to ¥304,719,503.71 from ¥286,388,761.28, showing a growth of about 6.5%[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 13,287[10] - The largest shareholder, China Fuma Machinery Group Co., Ltd., holds 92,256,920 shares, accounting for 42.10% of total shares[10] Research and Development - Research and development expenses increased by 52.55%, indicating a focus on innovation and product development[7] - Research and development expenses for Q1 2025 were ¥12,113,789.88, a significant increase from ¥7,940,673.27 in Q1 2024[18] Other Income and Subsidies - The company received government subsidies amounting to ¥1,500,000.00, which positively impacted its financial performance[6] - The company reported a significant increase in other income, which rose by 11,590.80% due to increased government subsidies received[7] Equity and Returns - The weighted average return on equity improved by 0.27 percentage points to 0.66% from 0.39%[3] - Total equity attributable to shareholders increased to ¥530,901,280.08 from ¥524,857,378.20[16] Credit and Impairment - The company recorded a credit impairment loss of ¥8,047,901.12 in Q1 2025, compared to ¥2,224,197.78 in Q1 2024[19] Shareholder Relationships - The company has not reported any significant changes in shareholder relationships or participation in margin trading activities[11]