LH(SH:600099)2015-04-24 16:00Financial Performance - Operating revenue rose by 11.57% to CNY 83,213,795.62 year-on-year[7] - Net profit attributable to shareholders increased by 14.20% to CNY 565,888.19[7] - The company experienced a 46.87% increase in operating profit, attributed to higher sales from new products[11] - Total operating revenue for Q1 2015 was ¥83,213,795.62, an increase of 11.9% compared to ¥74,583,662.76 in the same period last year[20] - Net profit for Q1 2015 reached ¥565,888.19, representing a 14.1% increase from ¥495,527.27 in the previous year[21] - Operating profit for Q1 2015 was ¥972,087.98, an increase of 46.9% from ¥661,890.56 in the previous year[20] - Earnings per share for Q1 2015 were ¥0.003, compared to ¥0.002 in the same quarter last year, marking a 50% increase[21] Assets and Liabilities - Total assets increased by 2.65% to CNY 577,492,734.55 compared to the end of the previous year[7] - The company’s total liabilities increased to CNY 107,280,046.64 from CNY 92,935,674.99, representing a growth of 15.4%[15] - The total liabilities as of the end of Q1 2015 amounted to ¥73,841,147.61, up from ¥65,222,293.20, indicating a year-over-year increase of 13.5%[18] - The total equity for the company was ¥467,585,770.47, slightly up from ¥467,565,515.77, showing a marginal increase[18] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -19,930,046.68, worsening from CNY -8,619,069.76 in the previous year[7] - Cash flow from operating activities decreased significantly, leading to a net cash decrease of CNY 21,458,160.53 compared to a decrease of CNY 9,571,825.50 in the previous year, indicating a decline in operational efficiency[12] - Cash inflow from sales of goods and services decreased to ¥48,322,805.53 from ¥63,171,444.26, a decline of approximately 23.5%[26] - Net cash flow from operating activities was negative at -¥19,930,046.68, worsening from -¥8,619,069.76 in the previous period[26] - The net increase in cash and cash equivalents was -¥21,458,160.53, worsening from -¥9,571,825.50 in the prior period[27] - The ending balance of cash and cash equivalents decreased to ¥180,842,569.20 from ¥219,988,004.25, a drop of approximately 17.8%[27] Shareholder Information - The total number of shareholders reached 16,810 at the end of the reporting period[9] - The first major shareholder, China Fuma Machinery Group Co., Ltd., holds 42.10% of the shares[9] Investment and Expenditures - The company invested CNY 1,528,113.85 in fixed assets, an increase of 60.39% compared to CNY 952,755.74 in the previous year, indicating a focus on capital expenditure[12] - Cash flow from investment activities was negative at -¥1,528,113.85, compared to -¥952,755.74 previously, reflecting increased investment expenditures[27] Operational Efficiency - The weighted average return on equity improved by 0.016 percentage points to 12.0%[7] - The company is focusing on enhancing operational efficiency and exploring new market opportunities as part of its strategic initiatives[25]