Leascend(SZ:300051)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥47,980,060.90, representing a 12.49% increase compared to ¥42,651,987.48 in the same period last year[5]. - The net profit attributable to shareholders was -¥2,777,851.46, a decrease of 97.02% from -¥1,409,968.59 year-on-year[8]. - The net profit for Q1 2023 was -4,817,862.78 CNY, a decrease of 151.5% compared to -1,915,217.79 CNY in the same period last year[43]. - The net profit attributable to the parent company was -2,777,851.46 CNY, compared to -1,409,968.59 CNY in Q1 2022, reflecting a decline of 97.4%[43]. - Total comprehensive income for Q1 2023 was -4,822,733.68 CNY, down from -1,817,113.40 CNY year-over-year[43]. - Operating profit for Q1 2023 was reported at -¥3,821,229.91, compared to -¥1,975,450.02 in the same period last year, indicating a worsening loss[42]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 55.50% to ¥3,366,773.91, down from ¥7,566,033.03 in the previous year[8]. - Operating cash flow for Q1 2023 was 3,366,773.91 CNY, a decrease of 55.6% from 7,566,033.03 CNY in Q1 2022[45]. - Cash outflows from operating activities were 47,945,614.12 CNY, up from 42,115,182.49 CNY, representing an increase of 13.5%[45]. - The company reported cash inflows from operating activities of 51,312,388.03 CNY, compared to 49,681,215.52 CNY in the previous year, indicating a growth of 3.3%[44]. - The company reported a significant increase in cash and cash equivalents, which rose by 774.57% to ¥205,357,300.00, primarily due to investments from minority shareholders[7]. - Cash and cash equivalents at the end of Q1 2023 totaled 231,869,712.70 CNY, an increase from 26,672,307.87 CNY at the end of Q1 2022[46]. - The net cash flow from financing activities increased by 1665.59% year-on-year, mainly due to investments from minority shareholders[33]. - The net cash flow from financing activities was 520,852,593.94 CNY, a significant improvement from -33,268,769.70 CNY in Q1 2022[46]. Assets and Liabilities - Total assets increased by 144.87% to ¥1,431,966,875.19 from ¥584,796,849.14 at the end of the previous year[10]. - The company’s total assets as of the end of Q1 2023 amounted to ¥1,431,966,875.19, significantly higher than ¥584,796,849.14 at the beginning of the year[40]. - Current liabilities increased to ¥662,599,529.37 in Q1 2023 from ¥126,299,880.81 at the start of the year, marking a substantial rise[41]. - The total liabilities as of Q1 2023 were ¥931,417,954.38, up from ¥404,641,644.63 at the beginning of the year[41]. - The company’s total equity increased to ¥500,548,920.81 in Q1 2023 from ¥180,155,204.51 at the start of the year[41]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,587[36]. - The largest shareholder, Hainan Juxing Technology Co., Ltd., holds 14.11% of the shares, totaling 51,601,566 shares[36]. Income and Expenses - Total operating costs for Q1 2023 were ¥51,778,079.01, up from ¥44,287,194.43 in Q1 2022, reflecting a year-over-year increase of 16.1%[42]. - Management expenses increased by 75.66% to ¥13,614,201.85 from ¥7,750,470.73 year-on-year[21]. - Other income decreased by 48.91% to ¥386,804.28 from ¥757,121.42 in the previous year[21]. - Investment income increased by 73.72% year-on-year, mainly due to a decrease in investment losses from joint ventures[24]. - Credit impairment losses rose by 44.77% compared to the same period last year, primarily due to a decrease in the amount of bad debt provisions recognized[25]. - The company recognized a significant increase of 1020.64% in non-operating income compared to the same period last year[28]. - The company reported a 1020.64% increase in non-operating income to ¥480,206.92 from ¥42,851.00 year-on-year[21]. Other Information - The report for Q1 2023 was not audited[47].