LEO(002131)2024-04-28 08:04Financial Performance - Revenue for the first quarter of 2024 was RMB 4.84 billion, a decrease of 6.81% compared to the same period last year[5] - Net profit attributable to shareholders of the listed company was RMB -238.01 million, a decrease of 139.89% year-on-year[5] - Total operating revenue for the current period is 4,840,876,589.35, a decrease from the previous period's 5,194,400,022.86[22] - Net profit attributable to the parent company's owners was -238,009,143.68, a significant drop from the previous period's 596,691,741.08[28] - The company reported a net loss of -248,496,618.78, contrasting sharply with the previous period's net profit of 593,862,961.43[25] - Total comprehensive income for the period was -241,290,770.79, a significant decline from the previous period's 575,240,291.84[28] - Basic and diluted earnings per share were both -0.04, down from 0.09 in the previous period[28] Cash Flow - Operating cash flow was RMB -545.54 million, a decrease of 233.39% compared to the same period last year[5] - Net cash flow from operating activities showed a decrease, with cash received from sales of goods and services dropping to 5,739,411,421.84 from 6,195,568,805.93[28] - Net cash flow from operating activities was -545.54 million, a significant decrease from 408.97 million in the previous period[34] - Net cash flow from investing activities was -1,316.01 million, compared to -73.90 million in the previous period[34] - Net cash flow from financing activities was 39.71 million, down from 78.97 million in the previous period[34] - Cash received from tax refunds was 23.05 million, a decrease from 25.84 million in the previous period[34] - Cash received from other operating activities was 883.54 million, an increase from 749.45 million in the previous period[34] - Cash paid for goods and services was 5,824.34 million, up from 5,408.53 million in the previous period[34] - Cash paid to employees was 347.78 million, an increase from 293.08 million in the previous period[34] - Cash paid for taxes was 75.60 million, up from 54.03 million in the previous period[34] - Cash received from investments was 929.71 million, a decrease from 1,545.66 million in the previous period[34] - Cash paid for investments was 2,245.72 million, up from 1,619.56 million in the previous period[34] Assets and Liabilities - Total assets at the end of the reporting period were RMB 23.48 billion, a decrease of 4.72% compared to the end of the previous year[5] - Total assets amount to 23,481,925,490.65, a decrease from the previous period's 24,644,250,078.15[21] - Total liabilities are 10,025,391,011.75, a decrease from the previous period's 10,960,699,992.86[21] - Total equity attributable to the parent company is 13,449,719,336.55, a slight decrease from the previous period's 13,666,204,784.09[21] - Current assets total 15,024,702,402.14, a decrease from the previous period's 15,644,215,433.54[19] - Non-current assets total 8,457,223,088.51, a decrease from the previous period's 9,000,034,644.61[19] - Current liabilities total 7,231,500,109.03, a decrease from the previous period's 8,185,841,041.45[21] - Non-current liabilities total 2,793,890,902.72, a slight increase from the previous period's 2,774,858,951.41[21] - Long-term equity investments amount to 1,066,421,741.69, a slight increase from the previous period's 1,060,192,282.25[19] - Accounts receivable decreased to 5,886,602,708.42 from the previous period's 6,111,765,530.13[19] Investments and Financial Products - The fair value change loss of RMB -447.38 million was mainly due to the fluctuation in the stock price of Li Auto[9] - Investment cash flow was RMB -1.32 billion, a decrease of 1680.90% year-on-year, mainly due to the purchase of financial products[12] - The company's investment income increased by 85.57% to RMB 73.08 million, mainly due to the disposal of investment assets[9] - The company's monetary funds decreased by 38.37% to RMB 3.05 billion, mainly due to the purchase of financial products[9] - The company's trading financial assets increased by 62.01% to RMB 3.31 billion[9] - The company's monetary funds at the end of the period amounted to 3,049,785,393.59 yuan, a decrease from 4,948,410,246.12 yuan at the beginning of the period[17] - Cash and cash equivalents at the end of the period decreased to 1,482,981,606.04 from 3,296,881,818.70 at the beginning of the period[31] Shareholders and Equity - The total number of ordinary shareholders at the end of the reporting period is 214,305[13] - Wang Xiangrong holds 9.42% of the shares, totaling 637,387,033 shares, with 478,040,275 shares under restricted sale[13] - Wang Zhuangli holds 7.45% of the shares, totaling 503,903,819 shares, with 377,927,864 shares under restricted sale[13] - China Water Investment Co., Ltd. holds 1.13% of the shares, totaling 76,590,996 shares[13] - Agricultural Bank of China - CSI 500 ETF holds 1.13% of the shares, totaling 76,157,902 shares[13] - Hong Kong Securities Clearing Company Ltd. holds 0.92% of the shares, totaling 62,028,592 shares[13] - GF Securities Co., Ltd. holds 0.89% of the shares, totaling 60,398,149 shares[13] - Agricultural Bank of China - CSI 500 ETF participated in the securities lending business, lending a total of 6,760,100 shares by the end of the reporting period[16] Operating Costs and Expenses - Total operating costs decreased by 6.7% to 4,818,076,837.15 compared to the previous period's 5,165,872,439.63[25] - Research and development expenses slightly decreased by 2.0% to 37,918,911.45 from 38,710,359.05[25] - Sales revenue from goods and services provided decreased by 7.4% to 5,739,411,421.84 from 6,195,568,805.93[28] - The company's financial expenses turned positive to 1,143,412.64 from a negative -7,124,658.09 in the previous period[25] Loans and Liabilities - Long-term loans increased by 86.54% to RMB 157.56 million, mainly due to new long-term loans from subsidiaries[9]