Lifan(SH:601777)2025-04-29 12:58Financial Performance - The company's operating revenue for Q1 2025 reached ¥1,806,577,744.51, representing a year-on-year increase of 28.47% compared to ¥1,406,240,217.29 in the same period last year[4] - Net profit attributable to shareholders was ¥20,044,691.03, up 29.82% from ¥15,440,351.70 in the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 64.18%, amounting to ¥23,033,788.82 compared to ¥14,029,375.96 last year[4] - Basic and diluted earnings per share were both ¥0.0044, reflecting a 29.41% increase from ¥0.0034 in the same period last year[4] - The company reported a net cash flow from operating activities of ¥39,106,117.23 in Q1 2025, down from ¥52,139,574.50 in Q1 2024[20] - The company recorded a total comprehensive income of ¥20,376,056.79 in Q1 2025, compared to a loss of ¥57,241,869.97 in Q1 2024[18] - Net profit for Q1 2025 was a loss of ¥41,465,865.71, an improvement from a loss of ¥57,245,500.75 in Q1 2024[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥21,183,409,773.81, a decrease of 2.44% from ¥21,713,662,266.54 at the end of the previous year[4] - As of March 31, 2025, the total current assets amounted to RMB 7,602,551,806.82, a decrease from RMB 8,085,759,088.26 as of December 31, 2024, representing a decline of approximately 5.95%[12] - The total liabilities decreased to RMB 9,497,791,345.46 from RMB 10,048,419,894.98, showing a reduction of about 5.48%[14] - The company's total assets decreased to RMB 21,183,409,773.81 from RMB 21,713,662,266.54, reflecting a decline of about 2.44%[13] Shareholder Information - The company reported a total of 66,879 common shareholders at the end of the reporting period[9] - The largest shareholder, Chongqing Manjianghong Equity Investment Fund Partnership, holds 29.85% of the shares, totaling 1,349,550,000 shares[9] - Shareholders' equity attributable to the parent company increased by 0.78%, reaching ¥10,593,216,050.64 compared to ¥10,511,329,437.11 at the end of the previous year[4] Cash Flow and Investments - The company's cash and cash equivalents decreased to RMB 3,216,271,711.13 from RMB 3,679,404,796.07, reflecting a reduction of about 12.59%[12] - Investment activities resulted in a net cash outflow of ¥379,010,680.56 in Q1 2025, compared to a net outflow of ¥117,680,281.90 in Q1 2024[21] - The company experienced a foreign exchange gain of ¥26,224,387.23 in Q1 2025, compared to a gain of ¥3,848,147.21 in Q1 2024[21] Operating Costs and Expenses - Total operating costs for Q1 2025 were ¥1,891,434,667.99, up 17.4% from ¥1,610,781,487.16 in Q1 2024[17] - R&D expenses increased significantly to ¥134,162,672.81 in Q1 2025, compared to ¥89,138,556.31 in Q1 2024, reflecting a 50.5% rise[17] Other Financial Metrics - The weighted average return on net assets improved by 0.04 percentage points to 0.19% from 0.15% in the previous year[4] - The company's inventory increased to RMB 2,318,079,868.52 from RMB 2,266,953,664.64, representing an increase of about 2.25%[12] - The long-term equity investments rose to RMB 5,235,523,483.83 from RMB 5,187,772,019.22, indicating an increase of approximately 0.92%[13] - The company's short-term borrowings decreased to RMB 603,493,722.22 from RMB 617,420,222.22, indicating a reduction of approximately 2.00%[14]