LEN.B Latest Report

Performance of the Quarterly Report

As of February 28, 2025, LEN.B's total operating revenue was RMB7631545000, gross profit was RMB861051000, and net profit was RMB528713000. Although there is no data on the same period last year for comparison, the company still shows a certain profitability, demonstrating its resilience in the current market environment.

Key Data in the Financial Report

1. Total operating revenue of RMB7631545000 reflects the company's sales foundation in the market.

2. Gross profit of RMB861051000, with a gross margin of approximately 11.3%, indicates the company's advantage in cost control and pricing strategy.

3. Net profit of RMB528713000, with a net margin of approximately 6.9%, shows the company's ability to convert operating revenue into actual profit.

4. Sales in the first quarter of 2024 were US$7.310 billion, up 12.63% YoY, indicating the company's growth momentum in the early period.

5. Operating revenue in the first quarter of 2025 was US$7.632 billion, up 4.36% YoY, but net profit decreased 26.56% YoY, and the fluctuation of profit margin needs attention.

Peer Comparison

1. Overall industry analysis: The overall operating revenue of the construction and real estate industry has shown an upward trend due to economic recovery and increased infrastructure investment. However, the fluctuation of market demand and intensified competition have put pressure on sales costs.

2. Peer evaluation analysis: LEN.B's total operating revenue is at a medium level in the same industry, although its growth potential is large, the management of sales costs and the improvement of market share are key factors for its competitiveness.

Summary

LEN.B shows a certain stability in operating revenue, although lacking comparative data from the same period last year, the current gross profit and net profit levels indicate the company's profitability. Attention should be paid to the fact that with the intensification of market competition and macroeconomic uncertainty, the company's future profitability and market share may face pressure.

Opportunities

1. With the increase in infrastructure investment, LEN.B can enhance operating revenue by expanding its market share.

2. Through optimizing product mix and launching new products, LEN.B has the opportunity to improve gross margin and net profit.

3. The company can reduce sales costs and enhance competitiveness through technological innovation and management improvement.

Risks

1. Intensified market competition may lead to rising sales costs and squeezed profit margins.

2. Uncertainty in the economic environment may affect consumer confidence and the overall demand for the construction industry.

3. The debt risk faced by small and medium-sized enterprises may negatively affect the competition pattern in the industry and affect LEN.B's market position.