LGWH(SH:601599)2025-04-28 09:05Financial Performance - The company's operating revenue for Q1 2025 was ¥780,692,249.76, representing a 26.78% increase compared to ¥615,785,705.89 in the same period last year[4] - Net profit attributable to shareholders was ¥39,175,463.42, a 10.42% increase from ¥35,479,692.97 year-on-year[4] - The net profit after deducting non-recurring gains and losses increased by 39.21% to ¥36,839,017.52 from ¥26,463,103.95 in the previous year[4] - Operating profit for Q1 2025 was ¥50.66 million, compared to ¥47.14 million in Q1 2024, reflecting a growth of 5.3%[17] - The net profit for Q1 2025 was CNY 40,508,816.03, an increase of 11.1% compared to CNY 36,479,451.77 in Q1 2024[18] - The total comprehensive income for Q1 2025 was CNY 40,751,980.00, up from CNY 36,401,803.78 in Q1 2024, reflecting a growth of 9.2%[18] - The company reported a basic and diluted earnings per share of CNY 0.03 for both Q1 2025 and Q1 2024, indicating stability in earnings per share[18] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥3,603,869,087.46, a slight increase of 0.31% from ¥3,592,640,924.01 at the end of the previous year[5] - Total assets amounted to ¥3,603.87 million as of March 31, 2025, slightly up from ¥3,592.64 million as of December 31, 2024[14] - Total liabilities decreased to ¥2,027.73 million as of March 31, 2025, from ¥2,055.15 million as of December 31, 2024[14] - The company's total current assets increased to ¥2,836.79 million as of March 31, 2025, from ¥2,812.43 million as of December 31, 2024[12] - Non-current assets totaled ¥767.08 million as of March 31, 2025, down from ¥780.21 million as of December 31, 2024[13] Cash Flow - The net cash flow from operating activities was negative at -¥339,462,219.47, compared to -¥303,367,516.93 in the same period last year[4] - Cash inflow from operating activities in Q1 2025 was CNY 499,215,753.73, compared to CNY 466,011,052.88 in Q1 2024, indicating an increase of 7.1%[22] - The net cash flow from operating activities for Q1 2025 was -CNY 339,462,219.47, worsening from -CNY 303,367,516.93 in Q1 2024[22] - Cash flow from investing activities in Q1 2025 generated a net inflow of CNY 38,893,415.54, compared to a net outflow of -CNY 57,220,373.80 in Q1 2024[23] - Cash flow from financing activities in Q1 2025 resulted in a net inflow of CNY 29,876,870.58, down from CNY 185,797,858.83 in Q1 2024[23] - The total cash and cash equivalents at the end of Q1 2025 were CNY 618,142,993.91, an increase from CNY 535,948,885.76 at the end of Q1 2024[23] - The company’s operating cash outflow in Q1 2025 was CNY 838,677,973.20, compared to CNY 769,378,569.81 in Q1 2024, reflecting an increase of 9.0%[22] Shareholder Information - The company has a total of 37,556 common shareholders at the end of the reporting period[8] - The largest shareholder, Zhejiang Cultural Industry Investment Group Co., Ltd., holds 23.08% of the shares, totaling 267,817,489 shares[8] Segment Performance - The textile segment's revenue growth was a key driver for the increase in net profit, attributed to effective responses to complex international situations[4] Credit and Impairment - The company reported a net loss of ¥15.55 million in credit impairment losses for Q1 2025, compared to a loss of ¥9.67 million in Q1 2024[17] - The company recognized non-recurring gains of ¥2,336,445.90, which included government subsidies and other income[6]