Ledman(300162)2023-04-23 16:00Financial Performance - The company's revenue for Q1 2023 was ¥268,646,441.13, a decrease of 7.53% compared to ¥290,537,879.80 in the same period last year[4] - The net profit attributable to shareholders was -¥1,799,007.63, representing a decline of 122.45% from ¥8,012,832.45 in the previous year[4] - The company's basic earnings per share were -¥0.0051, a decrease of 122.27% from ¥0.0229 in the same period last year[4] - Total operating revenue for Q1 2023 was CNY 268.65 million, a decrease of 7.53% compared to CNY 290.54 million in Q1 2022[27] - Net profit for Q1 2023 was a loss of CNY 2.48 million, compared to a profit of CNY 7.91 million in Q1 2022, indicating a significant decline[28] - Basic and diluted earnings per share for Q1 2023 were both CNY -0.0051, compared to CNY 0.0229 in Q1 2022[29] - Other comprehensive income after tax for Q1 2023 was a loss of CNY 1.28 million, compared to a loss of CNY 0.31 million in Q1 2022[29] Cash Flow - The net cash flow from operating activities was -¥11,855,189.63, a decrease of 51.43% compared to -¥7,828,708.11 in the same period last year[4] - Cash inflow from operating activities was CNY 267.70 million in Q1 2023, down from CNY 311.36 million in Q1 2022, a decrease of 13.98%[30] - The net cash flow from investing activities was -17,763,979.34 CNY, a significant decrease from -4,535,075.01 CNY in the same period last year[31] - The net cash flow from financing activities improved to 33,047,584.12 CNY, compared to -16,719,142.99 CNY in the previous year, reflecting better financing conditions[32] - The total cash and cash equivalents at the end of the period increased to 204,007,228.35 CNY, up from 122,682,117.75 CNY year-over-year[32] - The total cash outflow from operating activities was 279,552,437.14 CNY, down from 319,185,186.45 CNY in the previous year[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,387,424,324.39, down 1.89% from ¥1,414,184,028.11 at the end of the previous year[4] - The total liabilities decreased to CNY 694.63 million in Q1 2023 from CNY 717.98 million in Q1 2022, a reduction of 3.25%[25] - The company's total equity decreased to CNY 692.80 million in Q1 2023 from CNY 696.20 million in Q1 2022, a decline of 0.51%[25] - The company's cash and cash equivalents at the end of the reporting period amount to ¥247,880,594.88, down from ¥267,224,831.79 at the beginning of the year, a decrease of approximately 6.00%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 26,250[18] - The largest shareholder, Li Mantie, holds 15.60% of the shares, with 54,514,509 shares, of which 40,885,882 are pledged[18] - The total number of restricted shares at the end of the period is 77,348,250, after 7,845,000 shares were released from restrictions[20] - The total number of preferred shareholders is not applicable for this report[19] Operational Highlights - The company reported a significant increase in receivables, with notes receivable rising by 935.04% compared to the beginning of the year[7] - The company initiated construction of a new factory in Vietnam, resulting in a 100% increase in construction in progress compared to the beginning of the year[9] - The company received government subsidies amounting to ¥1,736,814.00, contributing to a 929.69% increase in other income compared to the previous year[14] - Financial expenses increased by 97.50% year-on-year, primarily due to increased exchange losses[14] - The company experienced a 291.70% decrease in cash flow from investing activities, mainly due to payments for the construction of new facilities[16] - The company's R&D expenses increased to CNY 14.09 million in Q1 2023, up from CNY 11.75 million in Q1 2022, representing an increase of 19.93%[27] - The company has not disclosed any new product or technology developments in this quarter[21]