Leysen(SH:603900)2018-04-25 16:00Financial Performance - Net profit attributable to shareholders was ¥112,150,952.80, reflecting a growth of 1.82% year-on-year[6]. - Revenue for the reporting period was ¥519,295,781.45, showing a decrease of 4.37% compared to the previous year[6]. - Basic earnings per share increased to ¥0.3294, up by 1.82% year-on-year[6]. - Net profit for Q1 2018 was CNY 111,982,188.92, representing a slight increase of 1.7% compared to CNY 110,143,024.76 in Q1 2017[24]. - Operating profit for Q1 2018 was CNY 146,967,571.01, slightly up from CNY 144,595,480.46 in the same period last year[24]. - Total operating revenue for Q1 2018 was CNY 519,295,781.45, a decrease of 4.3% from CNY 543,029,074.58 in the same period last year[23]. - Total operating costs decreased to CNY 378,120,681.16, down 6.0% from CNY 402,370,728.74 year-on-year[23]. - The company reported an investment income of CNY 5,984,677.34, which increased from CNY 3,983,520.81 in the previous year[24]. Cash Flow - Operating cash flow net amount surged to ¥101,424,538.15, a significant increase of 423.59% compared to the same period last year[12]. - The net cash flow from operating activities increased to ¥101,424,538.15 from ¥19,370,896.38, representing a significant improvement[28]. - Cash inflow from sales of goods and services was ¥610,917,931.99, up from ¥596,844,251.27, indicating a growth of approximately 2.0%[28]. - The cash outflow for purchasing goods and services decreased to ¥291,280,451.20 from ¥384,515,648.73, a reduction of about 24.2%[28]. - Cash inflow from investment activities surged to ¥1,067,847,346.80 from ¥100,657,997.20, marking a substantial increase of approximately 958.5%[29]. - The net cash flow from investment activities was negative at -¥122,479,962.98, an improvement from -¥501,268,750.18 in the previous period[29]. - Cash inflow from investment income rose to ¥8,818,637.33 from ¥630,438.61, reflecting a growth of approximately 1,300.0%[31]. - The total cash and cash equivalents at the end of the period decreased to ¥85,863,611.29 from ¥297,473,776.19, a decline of about 71.1%[29]. - Cash outflow for the acquisition of fixed assets and other long-term assets was ¥6,327,309.78, down from ¥14,926,746.38, a decrease of approximately 57.6%[29]. - The cash flow from financing activities resulted in a net outflow of -¥366,845.38, compared to no inflow in the previous period[29]. - The impact of exchange rate changes on cash and cash equivalents was positive at ¥462,579.24, compared to ¥6,610.15 previously[29]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,874,987,461.25, an increase of 1.56% compared to the end of the previous year[6]. - Total current assets increased from ¥2,615,695,392.16 to ¥2,669,201,456.06, an increase of about 2.1%[17]. - Total liabilities decreased from ¥544,797,353.43 to ¥476,143,829.32, a reduction of approximately 12.6%[18]. - Total equity attributable to shareholders increased from ¥2,285,453,344.98 to ¥2,398,363,217.09, an increase of about 4.9%[19]. - Total equity at the end of Q1 2018 was CNY 2,296,698,319.05, an increase from CNY 2,213,480,249.74 at the beginning of the year[22]. - The company’s total liabilities and equity amounted to CNY 2,829,653,568.28 at the end of Q1 2018, compared to CNY 2,829,719,015.36 at the beginning of the year[22]. Shareholder Information - The total number of shareholders reached 18,697 by the end of the reporting period[8]. Strategic Initiatives - The company appointed Countess Elisabeth, sister of the Belgian Queen, as the Chief Designer, enhancing its high-end brand strategy[13]. - The company continues to focus on expanding its market presence and enhancing product offerings through strategic acquisitions and partnerships[13]. - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[27]. Other Financial Metrics - The weighted average return on equity decreased to 4.79%, down by 0.51 percentage points from the previous year[6]. - Non-operating income totaled ¥6,550,229.72, after accounting for various non-recurring items[7]. - Cash and cash equivalents decreased from ¥144,333,302.26 to ¥123,642,565.29, a decline of approximately 14.3%[16]. - Accounts receivable decreased from ¥176,645,482.23 to ¥132,080,683.78, representing a reduction of about 25.2%[16]. - Inventory decreased slightly from ¥1,469,020,240.16 to ¥1,448,944,908.05, a decrease of approximately 1.4%[17]. - Non-current assets decreased from ¥215,205,347.65 to ¥205,786,005.19, a decline of approximately 4.0%[17]. - Short-term borrowings remained relatively stable, decreasing slightly from ¥36,116,885.69 to ¥35,910,473.38[18]. - Other receivables increased from ¥16,623,259.16 to ¥17,036,462.71, an increase of approximately 2.5%[17].