LYFEN(SH:603777)2017-04-25 16:00Financial Performance - Revenue for the period was CNY 1,065,698,827.36, representing a 3.85% increase year-on-year[7]. - Net profit attributable to shareholders rose by 39.93% to CNY 74,660,917.88 compared to the same period last year[7]. - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 36.72% to CNY 70,567,203.28[7]. - Operating profit rose by 31.51% to ¥103,833,464.53, attributed to increased sales revenue and gross margin[14]. - Total operating revenue for Q1 2017 was CNY 1,065,698,827.36, an increase of 3.3% from CNY 1,026,227,337.86 in the previous year[29]. - Net profit for Q1 2017 reached CNY 74,660,917.88, representing a 40% increase compared to CNY 53,355,428.28 in the same period last year[30]. - The total profit for Q1 2017 was approximately ¥19.21 million, a decrease of 19.5% compared to ¥23.78 million in the same period last year[33]. - The net profit for Q1 2017 was approximately ¥11.37 million, down 22.5% from ¥14.69 million in Q1 2016[33]. Cash Flow - Operating cash flow net amount increased by 14.60% to CNY 92,333,482.51 compared to the same period last year[7]. - Cash inflow from operating activities was approximately ¥1.26 billion, compared to ¥1.22 billion in the previous year, reflecting a growth of 4.5%[36]. - Operating cash flow for Q1 2017 was ¥92.33 million, an increase of 14.5% compared to ¥80.57 million in Q1 2016[36]. - The company recorded cash inflow from investment activities of approximately ¥803.58 million, significantly higher than ¥286.02 million in the same period last year[36]. - The net cash flow from investment activities was ¥73.31 million, a turnaround from a negative cash flow of ¥23.57 million in Q1 2016[36]. - The company did not engage in any financing activities during Q1 2017, resulting in a net cash flow from financing activities of zero[37]. Assets and Liabilities - Total assets decreased by 3.01% to CNY 2,685,730,189.52 compared to the end of the previous year[7]. - Total liabilities decreased to ¥736,437,713.12 from ¥894,462,729.14, indicating improved financial stability[22]. - Total assets as of the end of Q1 2017 amounted to CNY 2,341,992,720.53, compared to CNY 2,290,408,478.24 at the end of the previous year[26]. - Total liabilities for Q1 2017 were CNY 818,638,945.92, an increase from CNY 778,424,299.59 in the previous year[26]. - The company’s cash and cash equivalents increased, contributing to a total current asset of CNY 1,237,645,127.70, up from CNY 1,179,388,226.84[26]. - The company’s long-term investments remained stable at CNY 365,940,000.00, unchanged from the previous year[26]. Shareholder Information - The total number of shareholders was 43,755 at the end of the reporting period[11]. - Basic and diluted earnings per share increased by 3.33% to CNY 0.31[7]. - Earnings per share for Q1 2017 were CNY 0.31, slightly up from CNY 0.30 in the previous year[31]. Inventory and Receivables - Accounts receivable decreased by 42.70% to CNY 12,362,784.66 due to a reduction in sales receipts during the quarter[13]. - Inventory decreased by 37.75% to ¥182,714,090.98, primarily due to post-Spring Festival sales[14]. - Accounts payable decreased by 32.08% to ¥365,994,717.78, mainly due to reduced procurement payments[14]. - The company reported a significant decrease in accounts payable, which fell to CNY 361,952,518.09 from CNY 534,150,169.01, a reduction of approximately 32.3%[26]. Investment and Compensation - Investment income surged by 284.89% to ¥3,716,105.13, mainly from increased financial investment returns[14]. - Cash flow from investing activities improved by 410.98% to ¥73,309,472.19, primarily due to the recovery of previous year's investments[14]. - The company reported a significant increase of 1956.21% in employee compensation payable to ¥19,604,001.56, mainly due to performance bonuses accrued this quarter[14].