BJLE(SZ:002392) Shang Hai Zheng Quan Bao·2025-04-30 05:09Core Viewpoint - The company has released its quarterly report, highlighting significant changes in financial metrics and ongoing transactions, including a share buyback plan and the sale of securities [2][12][13]. Financial Data Summary - The company reported a 38.96% decrease in cash and cash equivalents compared to the beginning of the year, primarily due to a reduction in bank deposits and guarantees [5]. - Trading financial assets increased by 365 million yuan, attributed to the purchase of bank wealth management products and the completion of share transfer procedures [5]. - Prepayments rose by 44.89%, mainly due to increased procurement prepayments at the end of the reporting period [5]. - Other receivables surged by 86.09%, driven by an increase in bid guarantees [5]. - Other current assets decreased by 92.81%, linked to the completion of share transfer procedures [6]. - Other non-current assets increased by 68.72%, due to significant payments for engineering and equipment by subsidiaries [7]. - Short-term borrowings decreased by 30.51%, resulting from the maturity of bank guarantees and letters of credit [8]. - Deferred tax liabilities increased by 94.67%, due to significant temporary differences arising from investment income [8]. - Sales expenses grew by 32.88%, reflecting increased revenue and higher personnel costs [8]. - R&D expenses rose by 39.86%, indicating increased investment in research and development [9]. - Financial expenses surged by 89.70%, primarily due to higher bank loan interest [10]. - Investment income increased by 87.46 million yuan, attributed to the completion of share transfer procedures [10]. - Income tax expenses rose by 158%, linked to the increase in deferred tax liabilities from investment income [10]. - Net profit attributable to shareholders increased by 49.35%, driven by substantial investment income [10]. Shareholder Information - The company has repurchased 25,210,000 shares, representing 2.12% of the total share capital, with a total transaction amount of approximately 103.91 million yuan [13]. - The share buyback plan aims to use between 100 million yuan and 200 million yuan for employee stock ownership plans or equity incentives, with a maximum repurchase price of 4.68 yuan per share [12][13]. Other Important Matters - The company’s wholly-owned subsidiary plans to sell its shares in Minsheng Securities for 383.90 million yuan and subscribe to new shares issued by Guolian Securities [13].