LJRB(SH:600853)2025-04-29 09:40Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,800,333,438.29, a decrease of 5.06% compared to CNY 1,896,323,896.66 in the same period last year[5] - Net profit attributable to shareholders increased by 25.71% to CNY 8,217,044.58 from CNY 6,536,286.07 year-on-year[5] - Basic and diluted earnings per share rose by 26.56% to CNY 0.0081 from CNY 0.0064 in the previous year[5] - Net profit for Q1 2025 increased to ¥8,363,342.45, representing a growth of 12.34% compared to ¥7,444,799.17 in Q1 2024[19] - The company reported a total profit of ¥13,116,778.29 for Q1 2025, an increase of 11.06% from ¥11,805,951.99 in Q1 2024[19] - Net profit for Q1 2025 was CNY 11.56 million, compared to CNY 9.48 million in Q1 2024, representing an increase of about 22%[27] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -2,297,551,561.90, compared to CNY -774,493,548.87 in the same period last year[5] - The net cash flow from operating activities for Q1 2025 was -¥2,297,551,561.90, worsening from -¥774,493,548.87 in Q1 2024[20] - Cash inflow from operating activities decreased from CNY 907.46 million in Q1 2024 to CNY 750.45 million in Q1 2025, a decline of approximately 17.3%[30] - The net cash flow from operating activities was -2,148,929,670.39, compared to -845,319,330.73 in the previous period, indicating a significant decline[31] - The total cash and cash equivalents at the end of the period were 2,047,261,908.69, up from 1,653,597,825.35, indicating a stronger liquidity position[31] - The company paid 77,302,563.30 in dividends and interest, up from 63,335,735.74, indicating a commitment to shareholder returns despite cash flow challenges[31] Assets and Liabilities - The company's total assets decreased by 6.67% to CNY 35,011,818,666.58 from CNY 37,513,304,111.00 at the end of the previous year[6] - Total liabilities decreased to CNY 28,389,293,521.43 from CNY 30,909,766,530.32, a decline of 8.2%[16] - The company's total assets were CNY 35,011,818,666.58, down from CNY 37,513,304,111.00, indicating a decrease of 6.7%[16] - Total current assets decreased from CNY 14.78 billion to CNY 13.36 billion, a decline of approximately 9.6%[24] - Accounts receivable decreased from CNY 4.88 billion to CNY 4.24 billion, a reduction of about 13.4%[24] - Total liabilities decreased from CNY 19.29 billion to CNY 17.98 billion, a decrease of approximately 6.8%[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 58,362[12] - The largest shareholder, Heilongjiang Construction Investment Group Co., Ltd., holds 44.05% of the shares, totaling 446,690,030 shares[12] Strategic Initiatives - The company plans to enhance its market expansion strategies and invest in new technologies to improve operational efficiency[5] - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting[31] Research and Development - Research and development expenses for Q1 2025 were ¥6,510,658.74, a decrease of 11.48% from ¥7,354,406.94 in Q1 2024[18]