LEEJUN(002651)2022-04-26 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥251,503,617.61, a decrease of 0.17% compared to ¥251,924,467.09 in the same period last year[4] - Net profit attributable to shareholders was ¥70,616,146.96, down 10.54% from ¥78,934,615.07 year-on-year[4] - Basic and diluted earnings per share were both ¥0.07, reflecting a decline of 12.50% from ¥0.08 in the previous year[4] - The company reported a decrease in comprehensive income to approximately ¥70.03 million, down from ¥79.37 million in the previous period[31] - Net profit for the current period is approximately ¥70.42 million, down 10.43% from ¥78.93 million in the previous period[31] Cash Flow - The net cash flow from operating activities decreased significantly by 83.84%, amounting to ¥12,731,334.55 compared to ¥78,788,193.48 in Q1 2021[4] - Cash flow from operating activities generated a net amount of approximately ¥12.73 million, a significant decrease of 83.87% from ¥78.79 million in the previous period[34] - The net cash flow from financing activities was negative at approximately -¥273.23 thousand, compared to -¥13.47 thousand in the previous period[34] - The net increase in cash and cash equivalents was ¥171,685,681.90, up 358.94% from ¥37,409,303.84 in the same period last year[13] - Cash and cash equivalents at the end of the period increased to approximately ¥713.58 million, up from ¥451.58 million in the previous period[34] Assets and Liabilities - Total assets increased by 0.90% to ¥3,128,842,074.37 from ¥3,100,916,030.68 at the end of the previous year[4] - Current assets rose to CNY 2,207,003,691.07, up from CNY 2,170,334,340.40, indicating an increase of about 1.7%[25] - Total liabilities decreased to CNY 668,721,176.59 from CNY 716,063,030.42, a decline of about 6.6%[28] - Shareholders' equity increased to CNY 2,460,120,897.78 from CNY 2,384,853,000.26, reflecting a growth of approximately 3.2%[28] Investments - Investment activities generated a net cash flow of ¥160,212,510.44, a significant increase of 482.79% compared to a net outflow of ¥41,854,423.58 in Q1 2021[13] - The company reported a decrease in investment income by 73.32%, amounting to ¥1,216,812.94 compared to ¥4,561,369.98 in the previous year[10] - The company received cash from investment activities totaling approximately ¥255.58 million, down from ¥355.07 million in the previous period[34] Shareholder Information - The total number of common shareholders at the end of the reporting period is 30,417, with the top ten shareholders holding a combined 60.38% of the shares[14] - He Yamin, the largest shareholder, holds 32.34% of the shares, amounting to 334,219,997 shares[14] - He Jia, the second-largest shareholder, owns 28.04% of the shares, totaling 289,775,148 shares[14] - Wei Yong, the third-largest shareholder, holds 12.80% of the shares, which is 132,262,575 shares, with 48,678,000 shares pledged[14] - The top ten shareholders include both domestic individuals and foreign entities, with significant stakes held by He Yamin and He Jia, who are identified as acting in concert[14] Financial Assistance and Plans - The company has a total of 6,200 million RMB in financial assistance provided to its subsidiary Chengdu Dekun Aerospace Equipment Manufacturing Co., Ltd.[18] - The company approved a financial assistance limit of up to 80 million RMB for its subsidiary Chengdu Dekun Aerospace Technology Co., Ltd.[19] - The company has authorized a guarantee limit of up to 400 million RMB for its wholly-owned subsidiary Li Jun Holdings (Singapore) Private Limited[20] - The company plans to increase the registered capital of its wholly-owned subsidiary Li Jun Holdings (Singapore) from 10 million USD to 40 million USD[17] - The company is actively monitoring the progress of its second employee stock ownership plan initiated in July 2020[17] Research and Development - Research and development expenses rose to approximately ¥7.11 million, an increase of 11.46% compared to ¥6.38 million in the previous period[31] Inventory and Receivables - Accounts receivable decreased to CNY 237,902,968.61 from CNY 311,526,498.53, representing a decline of about 23.6%[25] - Inventory decreased to CNY 478,696,789.40 from CNY 491,738,716.96, a reduction of approximately 2.7%[25] - The company reported a significant increase in prepayments, which rose to CNY 95,521,687.80 from CNY 27,958,668.92, a growth of approximately 241.5%[25] Other Financial Metrics - The company's weighted average return on equity was 2.93%, down from 3.28% in the same period last year, a decrease of 0.35%[4] - Total operating costs increased to approximately ¥175.33 million, up 6.39% from ¥164.38 million in the previous period[31] - The company reported a decrease in comprehensive income to approximately ¥70.03 million, down from ¥79.37 million in the previous period[31] - The company’s investment properties increased to CNY 63,771,769.11 from CNY 40,863,007.57, reflecting a growth of about 56.0%[25]