LYFEN(SH:603777)2025-04-28 14:50Financial Performance - The company's revenue for Q1 2025 was CNY 1,048,215,425.93, a decrease of 1.23% compared to CNY 1,061,228,453.17 in the same period last year[4] - Net profit attributable to shareholders decreased by 79.72% to CNY 12,435,685.97 from CNY 61,311,791.78 year-on-year[4] - Basic and diluted earnings per share dropped by 77.78% to CNY 0.04 from CNY 0.18 in the same period last year[4] - Total operating revenue for Q1 2025 was CNY 1,048,215,425.93, a decrease of 1.06% compared to CNY 1,061,228,453.17 in Q1 2024[18] - Net profit for Q1 2025 was CNY 14,644,349.32, a significant decline of 76.6% compared to CNY 62,079,324.79 in Q1 2024[20] - The gross profit margin for Q1 2025 was approximately 0.64%, down from 4.29% in Q1 2024[19] - Earnings per share for Q1 2025 was CNY 0.04, compared to CNY 0.18 in Q1 2024[20] Cash Flow and Liquidity - The net cash flow from operating activities fell by 89.07% to CNY 6,059,753.62, down from CNY 55,416,375.28 in the previous year[4] - Operating cash flow net amount decreased to $6,059,753.62 from $55,416,375.28 year-over-year[22] - Cash received from sales of goods and services was $1,129,179,951.32, a slight decrease from $1,177,397,949.55[22] - Cash paid for purchasing goods and services rose to $867,098,259.84 from $810,613,473.22[22] - Cash received from investment recovery increased significantly to $220,340,714.00 from $112,292,115.63[22] - Cash paid for investments was $235,020,000.00, up from $90,300,000.00 in the previous period[23] - Cash inflow from financing activities totaled $144,900,000.00, while cash outflow was $79,441,148.38, resulting in a net cash flow of $65,458,851.62[23] - The total cash and cash equivalents at the end of the period increased to $415,460,717.62 from $474,148,225.85[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,118,777,663.07, a decrease of 1.44% from CNY 3,164,288,546.69 at the end of the previous year[5] - Total liabilities as of the reporting date were CNY 1,375,973,708.36, a decrease from CNY 1,428,564,156.58 in the previous period[16] - Total current liabilities slightly decreased to ¥1,204,304,597.15 from ¥1,212,683,433.30, a decrease of approximately 0.7%[15] - The total non-current assets decreased to ¥1,422,196,000.91 from ¥1,451,925,389.38, a decline of about 2.0%[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 43,093[10] - The largest shareholder, Shanghai Aiwu Enterprise Management Co., Ltd., holds 177,109,500 shares, accounting for 52.62% of total shares[10] Research and Development - Research and development expenses decreased by 65.89%, reflecting changes in R&D investment[7] - Research and development expenses for Q1 2025 were CNY 776,138.87, down 65.9% from CNY 2,275,692.65 in Q1 2024[19] Other Financial Metrics - The company reported a significant increase in prepayments by 94.77%, primarily due to an increase in prepaid goods[7] - The company reported a 201.10% increase in fair value changes, mainly due to the recovery of financial principal and timing differences in investments[7] - The company’s weighted average return on equity decreased by 2.56 percentage points to 0.72%[4] - The company reported a total comprehensive income of CNY 14,644,349.32 for Q1 2025, compared to CNY 62,079,324.79 in Q1 2024[20] - The company has a short-term loan of ¥140,000,000.00 as of March 31, 2025[15] - The company has not reported any significant changes in shareholder relationships or actions during the reporting period[12]