LMZ(SH:600249)2022-04-26 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥151,654,540.58, representing a decrease of 11.16% compared to the same period last year[4] - The net profit attributable to shareholders of the listed company was -¥29,554,814.23, indicating a significant loss[4] - The basic earnings per share for the period was -¥0.0537, indicating negative earnings performance[4] - The weighted average return on net assets was -1.39%, a decrease of 0.47 percentage points compared to the previous year[4] - The net profit for Q1 2022 was -29,687,617.70 RMB, compared to -19,367,116.54 RMB in Q1 2021, representing an increase in net loss of approximately 53.5% year-over-year[18] - Operating profit for Q1 2022 was -39,849,489.15 RMB, a decline from -31,888,321.06 RMB in the same period last year, indicating a worsening operational performance[18] - The total comprehensive income for Q1 2022 was -29,687,617.70 RMB, compared to -19,367,116.54 RMB in Q1 2021, showing a significant increase in comprehensive loss[19] Cash Flow and Liquidity - The net cash flow from operating activities was -¥25,841,425.42, reflecting ongoing cash flow challenges[4] - Cash and cash equivalents as of March 31, 2022, were CNY 1,156,945,464.89, a decrease from CNY 1,227,128,634.00 at the end of 2021, indicating liquidity challenges[13] - Cash flow from operating activities was -25,841,425.42 RMB in Q1 2022, an improvement from -47,369,585.48 RMB in Q1 2021, showing a reduction in cash outflow[21] - Cash and cash equivalents at the end of Q1 2022 stood at 1,155,292,756.38 RMB, compared to 571,938,830.76 RMB at the end of Q1 2021, indicating a significant increase in liquidity[22] - The company experienced a cash decrease of -70,222,913.68 RMB in Q1 2022, compared to -45,674,528.13 RMB in Q1 2021, indicating a worsening cash position[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,476,324,786.84, down 1.92% from the end of the previous year[5] - Total assets decreased to CNY 2,476,324,786.84 from CNY 2,524,702,013.82, reflecting a contraction in the asset base[16] - Total liabilities decreased to CNY 375,795,751.17 from CNY 394,485,360.45, indicating improved debt management[15] - The total equity attributable to shareholders decreased to CNY 2,106,078,801.44 from CNY 2,135,633,615.67, reflecting a decline in shareholder value[15] Operational Efficiency - The company reported a decrease in gross profit margin, which contributed to the decline in net profit[7] - Total operating costs for Q1 2022 were CNY 153,821,440.05, down from CNY 158,256,819.21 in Q1 2021, reflecting a cost reduction strategy[17] - Accounts receivable increased to CNY 86,435,501.01 from CNY 64,240,449.42, suggesting potential issues with collection or sales growth[13] - Inventory as of March 31, 2022, was CNY 191,156,704.36, slightly up from CNY 186,225,908.25, indicating stable inventory management[14] - The company reported a decrease in research and development expenses to CNY 2,990,829.12 from CNY 1,969,544.63, indicating a potential shift in focus or budget constraints[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,920[9] - The equity attributable to shareholders of the listed company decreased by 1.38% to ¥2,106,078,801.44[5]