Securities code: Leo Group Co.Ltd(002131) securities abbreviation: Leo Group Co.Ltd(002131) Announcement No.: 2022033
First quarter report 2022
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions. Important content tips: 1 The board of directors, the board of supervisors, directors, supervisors and senior managers guarantee that the quarterly report is true, accurate and complete without false records, misleading statements or major omissions, and bear individual and joint legal liabilities. 2. The person in charge of the company, the person in charge of accounting and the person in charge of the accounting organization (Accounting Supervisor) declare that they guarantee the authenticity, accuracy and completeness of the financial information in the quarterly report. 3. Whether the first quarter report has been audited □ yes √ No 1. Main financial data (I) whether the company needs to retroactively adjust or restate the accounting data of previous years □ yes √ no
Increase or decrease in the reporting period compared with the same period of the previous year
Operating income (yuan): 471290256597435559886613 8.20%
Net profit attributable to shareholders of listed company (yuan) -82947076674 -50796896206 -63.29%
Net profit attributable to shareholders of listed companies after deducting non recurring losses of 41914718128877378558 – 52.78% (yuan)
Net cash flow from operating activities (yuan): 22696485506 – 37452011905 160.60%
Basic earnings per share (yuan / share) -0.12 -0.08 -50.00%
Diluted earnings per share (yuan / share) -0.12 -0.08 -50.00%
Weighted average return on net assets -7.24% – 3.99% – 3.25%
Increase or decrease at the end of the reporting period compared with the end of the previous year
Total assets (yuan): 17944518543141984494985613 – 9.58%
Owner’s equity attributable to shareholders of listed company (yuan): 11035676809541187155841599 – 7.04%
（2） □ amount of non recurring items and inapplicability
Unit: Yuan
Description of the amount of the project in the current reporting period
Gains and losses on disposal of non current assets (including the write off part of the provision for asset impairment) -12467291
Tax refund, reduction and exemption without authority approval or formal approval documents 530000
Government subsidies included in current profits and losses (closely related to the company’s normal business, consistent with
994367712 government subsidy for continuous enjoyment in accordance with national policies and regulations and in accordance with certain standards, quotas or quotas
Except for the effective hedging business related to the normal business of the company, the holding transaction
Profit and loss from changes in fair value of financial assets and trading financial liabilities, and mainly the company’s investment in ideal cars and fresh air
-117198928846 loss from changes in fair value recognized only.
Investment income from disposal of trading financial assets, trading financial liabilities and available for sale financial assets
Other non operating income and expenditure other than the above items 31323304
Other profit and loss items that meet the definition of non recurring profit and loss 231058
Less: income tax impact amount -29050632873
Influence amount of minority shareholders’ equity (after tax) 4237296
Total -87138548486–
Details of other profit and loss items that meet the definition of non recurring profit and loss: □ applicable √ not applicable. The company does not have details of other profit and loss items that meet the definition of non recurring profit and loss.
Description of defining the non recurring profit and loss items listed in the explanatory announcement on information disclosure of companies offering securities to the public No. 1 – non recurring profit and loss as recurring profit and loss items □ applicable √ not applicable the company does not define the non recurring profit and loss items listed in the explanatory announcement on Information Disclosure of companies offering securities to the public No. 1 – non recurring profit and loss as recurring profit and loss items. （3） Changes and reasons of main accounting data and financial indicators √ applicable □ not applicable
Unit: RMB
Description of the change range of the project at the end of the reporting period and the end of the previous year
degree
Contract assets 417989233111935095417 – 64.98% were mainly due to the decrease of contract assets formed by Leo digital related businesses.
Other non current assets 521395856011194965228 – 53.43% were mainly due to the completion of equity delivery and transfer to long-term equity investment accounting of prepaid equity transfer of investment object.
999241557718692579823% – 46.54% of the employee salary payable is mainly due to the company’s payment of the year-end bonus of 2021 in this period.
The tax payable is 46179658327941014182 – 41.85%, which is mainly due to the decrease of the unpaid tax balance due to the partial tax paid by the company in the current period.
Other accounts payable 765586502716063531466% – 52.34% were mainly due to the company’s payment of temporary accounts payable in the current period.
Other current liabilities 20069396463081202485 – 34.87% were mainly due to the decrease of contract liabilities at the end of the period, resulting in the corresponding decrease of output tax to be transferred.
Description of the change range of the project in the same period of last year in the reporting period
degree
The sales expense is 132308348989288248105 42.45%, which is mainly due to the company’s vigorous development of the Chinese market in the manufacturing sector and the increase in the number of sales personnel and office space investment.
Financial expenses 19506205071317270631 48.08% were mainly due to the increase of bank borrowings and the decrease of exchange income of the company in the current period.
The investment income was 675233210, 1939103782 – 65.18%, mainly due to the decline in the income from the disposal of financial assets.
The income from changes in fair value was – 117198928846 – 81778709510 43.31%, which was mainly caused by the loss from changes in fair value calculated and recognized according to the stock price of ideal cars and Windsun Science Technology Co.Ltd(688663) etc. invested by the company in the current period.
The credit impairment loss was -316433961 and 732412372-143.20%, mainly due to the decline of contract assets in the current period.
The income tax expense of – 28220382356 – 18619574862 was 51.56%, which was mainly due to the calculation of the ideal automobile invested by the company in the current period according to the share price and the provision of tax based on the change of fair value.
Description of the change range of the project in the same period of last year in the reporting period
degree
The cash generated from operating activities ranged from 22696485506 to 37452011905, accounting for 160.60%, which was mainly due to the increase in sales receipts received by the company in the current period compared with the same period last year. Net flow
The cash generated from investment activities was – 27233610535 – 14717313501 – 85.04%, mainly due to the company’s new foreign investment in the current period.
Net flow
The cash generated from financing activities was -43068046332 and 80229562582-153.68%, mainly due to the increase in the amount of loans repaid by the company in the current period compared with the same period last year.
2、 Shareholder letter
