Long Bamboo Technology (BJ:831445)2025-04-25 13:21Financial Performance - Net profit attributable to shareholders for Q1 2025 was CNY 7.22 million, representing an increase of 88.51% year-over-year[9]. - Operating revenue for Q1 2025 reached CNY 87.61 million, up 43.28% from CNY 61.15 million in the same period last year[9]. - Basic earnings per share for Q1 2025 were CNY 0.049, an increase of 91.74% compared to CNY 0.0255 in Q1 2024[9]. - The company reported a net investment income of ¥643,138.89 for Q1 2025, indicating positive returns from investments[43]. - Total profit for Q1 2025 was CNY 7,194,297.35, an increase of 42.5% from CNY 5,050,505.88 in Q1 2024[46]. - The total comprehensive income for Q1 2025 was CNY 6,512,840.47, compared to CNY 4,746,690.89 in Q1 2024, marking a 37.2% increase[46]. Cash Flow - The net cash flow from operating activities was CNY 4.31 million, a significant increase of 323.19% compared to a negative cash flow of CNY 1.93 million in Q1 2024[9]. - The cash inflow from operating activities in Q1 2025 was CNY 95,905,385.58, compared to CNY 78,594,459.33 in Q1 2024, indicating a growth of 22.0%[47]. - The cash outflow from operating activities in Q1 2025 was CNY 91,597,615.19, up from CNY 80,524,590.99 in Q1 2024, representing an increase of 13.5%[47]. - The net cash flow from investing activities was -¥5,313,469.91 in Q1 2025, a significant improvement from -¥32,117,614.94 in Q1 2024[50]. - The net cash flow from financing activities was -¥22,102,416.00 in Q1 2025, compared to a positive net cash flow of ¥1,155,470.56 in Q1 2024[50]. Assets and Liabilities - Total assets as of March 31, 2025, were CNY 498.29 million, a decrease of 3.39% compared to the end of 2024[9]. - The company's asset-liability ratio decreased to 30.06% from 33.84% year-over-year, indicating improved financial stability[9]. - Total liabilities as of March 31, 2025, were 149,799,049.48 yuan, down from 174,512,449.37 yuan at the end of 2024[39]. - The company's total equity increased to 348,487,097.37 yuan as of March 31, 2025, compared to 341,253,969.24 yuan at the end of 2024[39]. - The company's cash and cash equivalents were reported at 60,778,807.11 yuan as of March 31, 2025, down from 79,955,136.29 yuan at the end of 2024[37]. Shareholder Information - The largest shareholder, Lian Jianchang, holds 32,253,805 shares, representing 21.95% of total shares[18]. - The company plans to repurchase shares with a total fund range of RMB 14.08 million to RMB 28.16 million, at a maximum price of RMB 13.00 per share[25]. - The total number of unrestricted shares increased from 105,262,791 to 105,262,791, representing 71.64% of total shares[17]. - The total number of restricted shares decreased from 43,619,234 to 41,667,234, now accounting for 28.36% of total shares[17]. - The company plans to sell the repurchased shares within three years after the disclosure of the repurchase results, using a centralized bidding method[28]. Operational Highlights - The company plans to continue expanding its cross-border e-commerce sales, which saw a significant increase of 174.71% year-over-year[10]. - Research and development expenses for Q1 2025 were ¥4,050,032.24, slightly down from ¥4,144,606.31 in Q1 2024[43]. - The company reported a credit impairment loss of CNY 398,346.47 in Q1 2025, compared to CNY 425,462.30 in Q1 2024, indicating a decrease of 6.4%[45].