Leysen(SH:603900)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥322,276,618.52, a decrease of 26.57% compared to the same period last year[4]. - The net profit attributable to shareholders was ¥14,488,518.90, down 76.67% year-on-year[4]. - The company's earnings per share (EPS) was ¥0.0426, a decline of 76.64% compared to the previous year[4]. - Net profit for Q1 2022 was CNY 14,378,490.69, a decline of 76.8% from CNY 62,049,581.58 in Q1 2021[16]. - The total comprehensive income attributable to the parent company owners for the first quarter of 2022 was CNY 14,822,586.36, down 76.2% from CNY 62,335,024.17 in the first quarter of 2021[17]. - The basic and diluted earnings per share for the first quarter of 2022 were CNY 0.0426, compared to CNY 0.1824 in the first quarter of 2021, reflecting a decline of 76.6%[17]. - The company reported a total comprehensive income of CNY 14,294,241.78 for the first quarter of 2022, a decrease of 77.0% compared to CNY 62,246,070.97 in the same period of 2021[17]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 91.47% to ¥105,185,709.14, primarily due to a reduction in payments for purchased goods[4]. - Cash inflows from operating activities in the first quarter of 2022 totaled CNY 340,727,821.72, a decrease of 32.4% from CNY 504,312,280.59 in the first quarter of 2021[19]. - The net cash flow from operating activities for the first quarter of 2022 was CNY 105,185,709.14, an increase of 91.1% compared to CNY 54,936,684.80 in the same period of 2021[19]. - Cash inflows from investment activities in the first quarter of 2022 amounted to CNY 344,540,197.25, an increase of 13.4% from CNY 303,815,165.64 in the first quarter of 2021[19]. - The net cash flow from investment activities for the first quarter of 2022 was CNY 163,209,437.25, up 53.2% from CNY 106,545,427.69 in the same period of 2021[19]. - The net cash flow from financing activities for the first quarter of 2022 was -CNY 51,389,742.84, compared to -CNY 9,297,448.48 in the first quarter of 2021, indicating a significant increase in cash outflows[20]. - The cash and cash equivalents at the end of the first quarter of 2022 were CNY 470,437,933.70, an increase of 13.5% from CNY 414,702,721.95 at the end of the first quarter of 2021[20]. - The company's cash and cash equivalents increased to CNY 470,437,933.70 as of March 31, 2022, compared to CNY 252,797,590.28 at the end of 2021[12]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,668,722,540.30, reflecting a 1.25% increase from the end of the previous year[4]. - Total assets increased to CNY 2,668,722,540.30 as of March 31, 2022, compared to CNY 2,635,866,578.08 at the end of 2021[13]. - Total liabilities increased, with accounts payable rising by 64.07% due to increased procurement[6]. - Total liabilities amounted to CNY 401,216,741.15 as of March 31, 2022, compared to CNY 382,439,557.87 at the end of 2021[14]. - The company's equity attributable to shareholders increased to CNY 2,267,699,667.67 as of March 31, 2022, from CNY 2,253,441,237.60 at the end of 2021[14]. Operational Efficiency - Total operating costs for Q1 2022 were CNY 302,343,176.95, down 16.0% from CNY 360,182,677.67 in Q1 2021[16]. - The company reported a decrease in sales expenses to CNY 114,188,860.54 in Q1 2022, down from CNY 118,057,553.13 in Q1 2021[16]. - Research and development expenses for Q1 2022 were CNY 95,970.00, significantly lower than CNY 294,253.67 in Q1 2021[16]. Shareholder Information - The company has a total of 17,030 common shareholders, with the top ten shareholders holding a combined 68.55% of the shares[8]. Regulatory and Compliance - The company is currently cooperating with tax authorities regarding a non-standard audit opinion from the previous year, aiming to enhance financial and tax risk management[10].