Leedarson IoT(SH:605365)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥1,793,209,434.16, representing a year-on-year increase of 37.50%[5] - The net profit attributable to shareholders was ¥95,309,362.00, reflecting a growth of 9.04% compared to the same period last year[5] - Basic and diluted earnings per share were both ¥0.191, showing a decrease of 1.55% from the previous year[5] - Net profit for Q1 2022 was ¥94,841,458.63, compared to ¥87,444,078.70 in Q1 2021, indicating an increase of 8.3%[32] - The total comprehensive income for Q1 2022 was ¥94,258,859.41, compared to ¥87,495,214.31 in Q1 2021, an increase of 7.9%[36] Cash Flow - The net cash flow from operating activities was negative at -¥262,089,336.06, a decline of 157.45% year-on-year[5] - In Q1 2022, the cash inflow from operating activities totaled CNY 1,647,989,841.20, a slight increase of 2.4% compared to CNY 1,609,643,845.54 in Q1 2021[42] - The net cash flow from operating activities was CNY -262,089,336.06, worsening from CNY -101,801,765.31 in the previous year[42] - Cash inflow from investment activities reached CNY 2,867,254,331.84, significantly up from CNY 1,948,184,559.30 in Q1 2021, marking an increase of 47%[42] - The net cash flow from investment activities was CNY 465,318,045.47, compared to CNY 110,681,603.07 in the same period last year[42] - Cash inflow from financing activities amounted to CNY 191,271,000.00, while cash outflow was CNY 68,362,317.52, resulting in a net cash flow of CNY 122,908,682.48[44] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,781,305,698.74, an increase of 1.79% from the end of the previous year[5] - The company's total liabilities amounted to ¥2,791,574,422.04, slightly up from ¥2,784,020,477.83 in the previous period[28] - The company's total equity attributable to shareholders was ¥2,989,082,944.77, up 3.27% from the previous year[8] - Total current assets reached ¥4,390,971,006.21, slightly up from ¥4,369,606,282.02 in the previous year[23] - The company reported a total non-current asset value of ¥1,390,334,692.53, up from ¥1,309,886,613.10[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 20,069[15] - The largest shareholder, Li Jianghuai, holds 121,500,000 shares, representing 24.30% of total shares[15] Expenses - Sales expenses increased by 33.48% driven by higher promotional activities and platform service fees[10] - The company experienced a 190.83% increase in taxes and surcharges, correlating with the growth in operating revenue[10] - Research and development expenses for Q1 2022 were ¥96,198,675.40, down from ¥110,896,822.34 in Q1 2021, a decrease of 13.3%[30] - The cash paid for purchasing goods and services was CNY 1,419,830,037.68, an increase from CNY 1,199,326,494.47 in Q1 2021[42] - The cash paid for other operating activities was CNY 170,190,960.78, compared to CNY 153,212,773.35 in the same period last year[42] Investment and Impairment - The company reported a significant increase in investment income by 301.51% due to higher returns from financial products and trading assets[10] - The company reported a financial asset impairment loss of ¥34,057,409.58 in Q1 2022, compared to ¥9,343,928.94 in Q1 2021[32] Inventory and Receivables - Accounts receivable increased to ¥1,482,389,444.81 from ¥1,223,197,260.16 year-over-year[20] - The company has a total of ¥1,286,879,714.23 in inventory, a slight decrease from ¥1,298,030,572.40[23] Other Information - The company has not disclosed any significant new product developments or market expansion strategies in the current report[19]