---
title: "L&A DESIGN (300949.SZ) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/300949.SZ/norm.md"
symbol: "300949.SZ"
name: "L&A DESIGN"
parent: "https://longbridge.com/en/quote/300949.SZ.md"
datetime: "2026-05-21T02:35:24.207Z"
locales:
  - [en](https://longbridge.com/en/quote/300949.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/300949.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/300949.SZ/norm.md)
---

# L&A DESIGN (300949.SZ) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0500 | -1.65 | -0.1085 | -0.2083 | -0.1600 |
| ROE | - | - | -3.79% | -7.65% | -5.40% |
| Revenue | 79.50M | 113.22M | 124.58M | 107.70M | 88.92M |
| Net income | -2.88M | -99.65M | -6.36M | -13.01M | -9.33M |
| Operating income | 4.43M | 19.21M | -6.75M | -15.78M | -10.86M |
| Gross margin | 47.02% | 25.48% | 28.31% | 33.89% | 31.66% |
| Net margin | -3.62% | -88.01% | -5.11% | -12.08% | -10.49% |
| Profit quality | -17.53% | 248.01% | - | -83.10% | -32.16% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 975.02M | - | 1.17B | 1.26B | 1.21B |
| Leverage | 1.72 | - | 1.74 | 1.85 | 1.74 |
| BVPS | 9.78 | - | 11.08 | 11.18 | 11.35 |
| Turnover | 0.3899 | - | 0.2970 | 0.2495 | 0.2625 |
| Cash & STI | 306.22M | - | 362.59M | 446.37M | 382.34M |
| Inv & Rec | 34.44M | - | 56.92M | 34.89M | 31.07M |
| LT assets | 70.23M | - | 77.92M | 81.16M | 95.64M |
| Net debt | -187.34M | - | -231.99M | -252.30M | -206.21M |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -25.27M | 7.75M | -21.41M | 18.99M | 33.77M |
| Investing CF | -5.73M | 14.39M | 13.01M | -5.26M | 26.26M |
| Financing CF | -17.47M | -23.05M | -59.68M | 25.55M | -16.49M |
| Free CF | - | - | -43.26M | 61.33M | -2.22M |
| OCF coverage | -287.62% | 18.20% | -26.98% | 54.55% | 54.93% |
| Repaid & issued | - | 18.93M | 27.38M | 70.33M | 33.99M |
| CapEx | -787294.00 | -2.58M | -1.05M | 10.30M | -14.87M |