LEP(SH:600644)2020-04-29 16:00Financial Performance - Net profit attributable to shareholders was CNY 40,754,115.82, down 23.47% year-on-year[6]. - Operating revenue for the period was CNY 507,197,848.76, a decrease of 1.41% compared to the same period last year[6]. - The company's total assets decreased to ¥3,749,276,326.56 from ¥3,782,209,518.15[17]. - The weighted average return on equity decreased by 1.14 percentage points to 2.71%[6]. - The company's total liabilities to equity ratio as of March 31, 2020, was approximately 1.39, indicating a relatively high level of debt compared to equity[22]. - The net profit for Q1 2020 was ¥42,327,228.86, down 23.3% from ¥55,214,278.20 in Q1 2019[27]. - The total profit for Q1 2020 was ¥44,433,546.05, a decrease of 24.8% from ¥59,087,338.23 in Q1 2019[27]. - The company's operating profit for Q1 2020 was ¥24,241,658.45, down 58.3% from ¥58,553,537.73 in Q1 2019[27]. Cash Flow - The net cash flow from operating activities was CNY -109,864,172.94, representing an increase in cash outflow of 85.96% year-on-year[6]. - Cash flow from operating activities in Q1 2020 was negative at -¥109,864,172.94, compared to -¥59,078,893.43 in Q1 2019, indicating a worsening cash flow situation[31]. - The net cash flow from investment activities improved by 40.32% to -¥74,228,186.91 compared to -¥124,374,632.98 in the previous year[14]. - The total cash outflow from operating activities was 427,702,359.21 RMB in Q1 2020, compared to 435,216,036.23 RMB in Q1 2019, showing a decrease of about 2%[34]. - The company incurred cash outflows from investing activities totaling 22,243,996.55 RMB in Q1 2020, a decrease from 51,321,605.85 RMB in Q1 2019, indicating a reduction of about 57%[35]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,749,276,326.56, a decrease of 0.87% compared to the end of the previous year[6]. - Current liabilities totaled ¥1,213,311,043.07, slightly down from ¥1,233,073,154.43 in the previous year[17]. - Total liabilities amounted to ¥2,076,408,104.97, with current liabilities at ¥1,233,073,154.43 and non-current liabilities at ¥843,334,950.54[38]. - The company reported a cash balance of ¥131,856,273.18 and accounts receivable of ¥12,141,617.92[40]. - The company’s total current liabilities include contract liabilities of ¥117,182,003.26[41]. Shareholder Information - The number of shareholders at the end of the reporting period was 26,941[10]. - The top shareholder, Leshan State-owned Assets Investment and Operation Group Co., Ltd., held 19.24% of the shares[10]. Investment and Income - The company reported a non-recurring gain of CNY 19,271,626.45, primarily from a settlement agreement with a partner[8]. - Investment income rose significantly to ¥4,793,158.94 from a loss of ¥601,992.92 in the previous year[13]. - The company received 1,290,000.00 RMB in investment income during Q1 2020, compared to no income in Q1 2019[34]. - The company recorded a 1000.18% increase in non-operating income to ¥20,527,282.48 from ¥1,865,805.48[13]. Financial Expenses - Financial expenses increased by 95.55% to ¥9,314,056.63 due to a rise in interest-bearing liabilities[13]. - The financial expenses for Q1 2020 were ¥5,679,533.94, an increase from ¥4,259,728.48 in Q1 2019, indicating rising costs[27].