Leysen(SH:603900)2024-04-29 09:15Financial Performance - The company's operating revenue for Q1 2024 was CNY 242,381,338.72, representing a decrease of 3.08% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 18,760,264.49, reflecting a decline of 218.62% year-over-year[5]. - The total profit attributable to shareholders decreased by 223.82%, mainly due to an increase in the sales proportion of gold products and a decline in overall gross margin[9]. - The basic earnings per share were -0.06, a decrease of 220.00% compared to the same period last year[5]. - In Q1 2024, the company reported a net loss of ¥18,859,963.23, compared to a net profit of ¥15,751,745.19 in Q1 2023, marking a significant decline[20]. - Operating profit for Q1 2024 was -¥23,933,350.40, a stark contrast to the operating profit of ¥19,329,332.78 in the same period last year[20]. - Total revenue from sales in Q1 2024 was ¥220,316,988.12, down from ¥258,040,856.62 in Q1 2023, reflecting a decrease of approximately 14.7%[22]. - The company reported a total comprehensive loss of ¥19,094,018.29 in Q1 2024, compared to a total comprehensive income of ¥15,770,174.88 in Q1 2023[21]. Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 154,780,354.36, a decrease of 278.75% compared to the previous year[5]. - The company experienced a net cash outflow from operating activities of -¥154,780,354.36 in Q1 2024, compared to a net inflow of ¥86,588,925.22 in Q1 2023[23]. - Investment activities generated a net cash inflow of ¥178,821,438.85 in Q1 2024, a recovery from a net outflow of -¥162,879,615.30 in Q1 2023[23]. - The company’s cash and cash equivalents at the end of Q1 2024 stood at ¥255,422,439.56, a decrease from ¥287,804,828.06 at the end of Q1 2023[23]. Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 2,431,417,702.27, an increase of 1.19% from the end of the previous year[6]. - Total assets as of March 31, 2024, amounted to CNY 2,431,417,702.27, a slight increase from CNY 2,402,811,992.51 at the end of 2023[17]. - Total liabilities increased to CNY 325,107,363.59 as of March 31, 2024, compared to CNY 278,226,119.65 at the end of 2023[16]. - Cash and cash equivalents rose to CNY 255,422,439.56 as of March 31, 2024, up from CNY 227,894,194.21 at the end of 2023[14]. - The company reported a decrease in net profit, with retained earnings at CNY 542,828,208.87 as of March 31, 2024, down from CNY 561,588,473.36 at the end of 2023[17]. Operational Metrics - Total operating costs increased to CNY 264,011,282.45 in Q1 2024, up 13% from CNY 234,110,556.69 in Q1 2023[19]. - Gross profit margin for Q1 2024 was approximately -8.99%, compared to a positive margin in Q1 2023[19]. - The company reported a significant increase in accounts receivable by 52.27%, primarily due to normal payment terms for goods[8]. - Research and development expenses for Q1 2024 were CNY 312,845.35, an increase from CNY 224,896.49 in Q1 2023[19]. - Financial expenses in Q1 2024 were ¥780,004.43, a significant increase from -¥1,404,741.85 in Q1 2023[20]. - The company incurred credit impairment losses of ¥276,599.59 in Q1 2024, compared to ¥842,268.31 in Q1 2023, indicating a decrease in credit quality[20]. Shareholder Information - The top ten shareholders held a combined 77.99% of the company's shares, with the largest shareholder owning 24.12%[11]. - The company’s total equity as of March 31, 2024, was CNY 2,106,310,338.68, a decrease from CNY 2,124,585,872.86 at the end of 2023[17].