LZRJ(SH:688588)2025-04-29 09:05Financial Performance - The company's operating revenue for Q1 2025 was ¥252,251,585.41, representing a decrease of 5.88% compared to ¥268,014,443.88 in the same period last year[4] - Net profit attributable to shareholders was ¥65,528,927.40, a significant improvement from a loss of ¥9,828,319.91 in the previous year[4] - Basic and diluted earnings per share were both ¥0.1680, recovering from a loss of ¥0.0246 in the same period last year[4] - The company reported a net profit margin improvement due to reduced operating costs, although specific profit figures were not disclosed in the provided content[21] - The net profit for Q1 2025 reached ¥65,231,528.14, a significant recovery from a net loss of ¥9,977,857.79 in Q1 2024, marking a turnaround of over 700%[22] - Operating profit for the period was ¥74,390,850.62, compared to an operating loss of ¥6,359,055.75 in the same quarter last year[22] - Total revenue from operating activities increased to ¥296,561,592.10 in Q1 2025, up from ¥280,428,910.22 in Q1 2024, reflecting a growth of approximately 5.4%[26] - The total comprehensive income for Q1 2025 was ¥65,469,852.54, compared to ¥37,987.10 in Q1 2024, indicating a strong improvement in overall financial performance[23] Cash Flow and Assets - The net cash flow from operating activities was -¥32,696,451.07, worsening from -¥20,414,452.60 year-on-year[4] - Cash and cash equivalents as of March 31, 2025, amounted to CNY 909,971,443.78, an increase of 13.4% from CNY 802,275,964.57 on December 31, 2024[16] - Cash and cash equivalents at the end of Q1 2025 totaled ¥909,968,985.84, an increase from ¥751,737,654.93 at the end of Q1 2024[27] - The company generated ¥179,415,701.02 in cash inflow from investing activities in Q1 2025, compared to ¥68,355,494.82 in Q1 2024, showing a substantial increase of over 162%[26] - Financing activities resulted in a net cash outflow of -¥5,952,500.00 in Q1 2025, a significant decrease from a net inflow of ¥61,898,499.76 in Q1 2024[27] - Total assets at the end of the reporting period were ¥1,803,071,957.31, a slight increase of 0.71% from ¥1,790,370,611.73 at the end of the previous year[5] - The company's non-current assets totaled CNY 625,386,483.54 as of March 31, 2025, an increase from CNY 601,148,792.13 at the end of 2024[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,014[9] - Zhang Baoquan and Wu Yanfang are the controlling shareholders, holding 19.86% and 16.67% of shares respectively[10] - The top 10 shareholders hold a total of 4,000,000 shares, with the largest shareholder holding 79,425,226 shares[9] - The company has a total of 10,080,000 shares held in a repurchase account, representing 2.52% of total shares[10] - The top shareholder, Zhang Baoquan, also holds interests in multiple partnership entities related to the company[10] - The shareholder structure indicates a significant concentration of ownership among the top shareholders[9] Research and Development - Research and development expenses totaled ¥20,636,421.38, an increase of 17.84% from ¥17,511,604.68, representing 8.18% of operating revenue, up from 6.53%[5] - Research and development expenses rose to ¥20,636,421.38 in Q1 2025, compared to ¥17,511,604.68 in Q1 2024, indicating an increase of about 17.5%[22] Corporate Actions - The company plans to implement a restricted stock incentive plan in 2025, approved by the board on March 19, 2025[13] - The company approved a restricted stock incentive plan for 2025 during the first extraordinary general meeting on April 11, 2025[14] - The board approved the first grant of restricted stock to incentive objects under the 2025 plan on April 17, 2025[14] Other Information - Non-recurring gains and losses amounted to ¥5,772,090.38, with significant contributions from government subsidies and other non-operating income[6] - The company attributed the increase in net profit to favorable exchange rate movements of the Japanese yen during the reporting period[7] - The company has not reported any changes in the number of shares lent or returned compared to the previous period[12] - The company has not disclosed any other significant operational changes during the reporting period[13]