LYPM(SZ:002501)2025-04-28 19:15Financial Performance - The company's operating revenue for Q1 2025 was ¥45,971,607.06, a decrease of 52.02% compared to ¥95,808,711.15 in the same period last year[5] - The net loss attributable to shareholders was ¥21,027,315.53, an improvement of 44.01% from a loss of ¥37,554,397.68 in the previous year[5] - The net cash flow from operating activities was -¥43,580,950.37, showing a 50.56% improvement from -¥88,145,086.30 year-on-year[5] - The company reported a basic and diluted earnings per share of -¥0.0057, which is a 46.23% improvement from -¥0.0106 in the previous year[5] - The company recorded a total comprehensive loss of -¥20,261,375.04 for the current period, compared to -¥37,683,971.46 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥923,791,592.09, a decrease of 0.75% from ¥930,751,092.09 at the end of the previous year[5] - The total liabilities of the company were CNY 580,249,701.17, up from CNY 563,998,276.83, representing an increase of approximately 2.2%[22] - The company's total equity stood at CNY 343,541,890.92, down from CNY 366,752,815.26, indicating a decrease of about 6.3%[22] - Cash and cash equivalents at the end of the period were ¥23,664,028.15, a slight decrease from ¥24,008,276.10 at the end of the previous period[28] Shareholder Information - The total number of common shareholders at the end of the reporting period is 116,641[14] - The largest shareholder, Beiyou Intelligent Technology (Shenzhen) Co., Ltd., holds 22.54% of shares, totaling 800,000,000 shares, which are currently frozen[14] - The top ten shareholders hold a combined total of 1,200,000,000 shares, representing a significant portion of the company's equity[14] - The company has no preferred shareholders or related party transactions reported in the current period[15] Share Buyback and Control Changes - The chairman of the company completed a share buyback plan, acquiring 4,706,400 shares, representing 0.1326% of the total share capital, for a total amount of 10,000,090 RMB[17] - The company repurchased a total of 5,324,100 shares, accounting for 0.15% of the total share capital, with a total transaction amount of 5,496,545 RMB[18] - The company’s stock buyback and chairman's share purchase are aimed at enhancing investor confidence and supporting long-term growth[17][18] - The company’s controlling shareholder, Beiyou Intelligent, underwent a change in control, transferring 100% of its shares to Jiangsu Bubugao[15] - The registered address of Beiyou Intelligent has been changed to Changchun City, and the company name has been updated to Beiyou Intelligent Technology (Changchun) Co., Ltd.[16] Operational Metrics - The company experienced a 34% decrease in accounts receivable financing, down to ¥4,140,155.29 from ¥6,293,415.22[9] - Inventory increased by 34% to ¥55,128,438.01, compared to ¥41,114,804.27 in the previous year, due to an increase in dispatched goods and finished products[9] - The company's short-term borrowings decreased to CNY 4,572,937.28 from CNY 7,558,187.09, a reduction of about 39.4%[22] - The accounts payable decreased significantly to CNY 9,913,329.28 from CNY 20,568,793.02, a decline of approximately 51.8%[22] Financial Expenses - Financial expenses surged by 492% to ¥4,715,466.21, primarily due to interest expenses and exchange losses[11] - The company’s financial expenses increased to ¥4,715,466.21 from ¥796,123.33 in the previous period, primarily due to increased interest expenses[23] Government Support - The company received government subsidies amounting to ¥2,405,929.34, contributing positively to its financial performance[6] Research and Development - The company’s research and development expenses were ¥1,070,722.00, down 28.5% from ¥1,498,186.82 in the previous period[23]