Lafang(SH:603630)2025-04-28 13:00Financial Performance - The company's operating revenue for Q1 2025 was ¥210,192,575.89, a decrease of 6.27% compared to ¥224,259,188.49 in the same period last year[4] - Net profit attributable to shareholders was ¥13,048,808.29, down 53.30% from ¥27,939,762.64 year-on-year[5] - Basic and diluted earnings per share were both ¥0.06, reflecting a 50.00% decline from ¥0.12 in the same period last year[5] - Total operating revenue for Q1 2025 was CNY 210,192,575.89, a decrease of 6.4% compared to CNY 224,259,188.49 in Q1 2024[18] - Net profit for Q1 2025 was CNY 13,091,319.86, down 52.8% from CNY 27,740,483.23 in Q1 2024[19] - Earnings per share for Q1 2025 was CNY 0.06, compared to CNY 0.12 in Q1 2024[19] Cash Flow - The net cash flow from operating activities decreased by 64.87%, amounting to ¥36,338,549.30 compared to ¥103,450,936.41 in the previous year[5] - Cash received from sales of goods and services in Q1 2025 was CNY 272,956,279.40, a decrease from CNY 309,005,085.00 in Q1 2024[21] - Total cash inflow from operating activities amounted to 275,865,741.16, while cash outflow was 239,527,191.86, resulting in a net cash inflow[22] - Cash flow from investment activities showed a net outflow of 41,367,000.16, compared to a net outflow of 35,244,543.94 in the previous period[22] - Cash flow from financing activities resulted in a net outflow of 553,479.00, a significant decrease from 26,377,134.85 in the previous period[23] - The ending balance of cash and cash equivalents was 1,149,099,492.61, down from 1,280,317,029.85 at the end of the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,192,179,794.68, an increase of 2.13% from ¥2,146,427,354.64 at the end of the previous year[5] - The company's current assets totaled RMB 1,416,077,029.54 as of March 31, 2025, compared to RMB 1,392,036,928.48 at the end of 2024, indicating an increase of about 1.73%[14] - Total liabilities as of the reporting date were CNY 244,292,784.00, an increase from CNY 211,973,811.75 in the previous year[18] - Total current liabilities were reported at RMB 108,425,140.01 as of March 31, 2025, compared to RMB 103,136,655.10 at the end of 2024, indicating an increase of about 5.00%[15] Shareholder Information - Shareholders' equity attributable to shareholders was ¥1,931,856,950.98, up 0.70% from ¥1,918,465,994.76 at the end of the previous year[5] - The total number of ordinary shareholders at the end of the reporting period was 16,987[10] - The company completed a share repurchase plan, acquiring a total of 2,401,300 shares, which represents 1.07% of the total shares outstanding as of April 2, 2024[11] - There are no significant changes in the relationships among major shareholders or any undisclosed agreements affecting shareholder actions[11] Operational Costs and Expenses - The increase in e-commerce traffic costs and advertising expenses contributed to the decline in net profit[8] - Total operating costs for Q1 2025 were CNY 194,048,173.87, slightly up from CNY 193,941,014.62 in Q1 2024[18] - The company reported a financial expense of CNY -1,972,349.65 in Q1 2025, compared to CNY -4,771,663.78 in Q1 2024, reflecting improved financial management[18] - The company paid 82,250,640.84 in cash for other operating activities, reflecting an increase in operational expenses[22] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting[23]