LHG(SH:600186)2018-04-27 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY -29,543,921.35, a decrease of 33.6% year-on-year[6]. - Operating revenue for the period was CNY 429,018,630.08, down 0.62% from the previous year[6]. - The company reported a significant decrease in operating income due to changes in financial performance metrics[11]. - Total operating revenue for Q1 2018 was ¥429,018,630.08, a decrease of 0.39% from ¥431,692,360.84 in the previous period[23]. - The net loss for Q1 2018 was ¥35,108,610.25, an improvement compared to a net loss of ¥47,858,876.80 in the same period last year, reflecting a decrease in losses of 26.7%[24]. - The company's gross profit margin for Q1 2018 was approximately -7.95%, compared to -9.93% in the previous year[23]. - Operating profit for Q1 2018 was -¥34,722,898.48, compared to -¥51,457,682.35 in the previous year, indicating a reduction in operating losses of 32.5%[23]. Cash Flow - The net cash flow from operating activities was CNY -29,761,956.47, compared to CNY -3,262,619.41 in the same period last year[6]. - Cash inflow from sales of goods and services decreased to ¥445,301,451.04 from ¥506,396,844.74, a decline of approximately 12%[29]. - Cash inflow from operating activities totaled ¥447,020,405.53, down from ¥521,122,288.46, a decrease of approximately 14%[29]. - Cash paid for purchasing goods and services was ¥398,305,029.31, a decrease from ¥435,986,721.88, indicating a reduction of about 9%[29]. - Cash paid to employees was ¥45,340,587.50, down from ¥48,139,575.32, a decline of approximately 6%[29]. - Cash inflow from investment activities was negative at -¥2,026,069.33, compared to -¥1,833,300.04 in the previous period, reflecting an increase in cash outflow[30]. - Cash inflow from financing activities was ¥26,000,000.00, with a net cash flow of ¥24,168,651.78, a significant improvement from -¥1,844,935.00 in the previous period[30]. Assets and Liabilities - Total assets decreased by 1.25% to CNY 1,865,585,136.03 compared to the end of the previous year[6]. - Total assets decreased from CNY 1,889,231,700.08 to CNY 1,865,585,136.03, reflecting a decline in both current and non-current assets[15]. - Total liabilities increased from CNY 2,000,012,340.09 to CNY 2,011,474,386.29, with current liabilities accounting for the majority[16]. - The company's total equity decreased from CNY -110,780,640.01 to CNY -145,889,250.26, indicating a decline in shareholder equity[16]. Shareholder Information - The total number of shareholders at the end of the reporting period was 90,015[9]. - The largest shareholder, Zhejiang Ruikang Investment Co., Ltd., held 11.78% of the shares[9]. - The second-largest shareholder, Henan Agricultural Comprehensive Development Co., Ltd., held 2.30% of the shares[9]. Other Financial Metrics - Basic earnings per share were CNY -0.0285, compared to CNY -0.0385 in the previous year[6]. - The weighted average return on net assets was -159.61%[6]. - The company reported a non-operating income loss of CNY -763,961.03 for the period[9]. - Financial expenses decreased by 21% from CNY 10,758,710.95 to CNY 8,449,959.50 due to reduced loan interest[11]. - Other income decreased significantly by 98% from CNY 3,926,757.50 to CNY 78,100.26, primarily due to a reduction in government subsidies[11]. - Accounts receivable notes increased by 157% from CNY 2,619,583.25 to CNY 6,719,567.74, attributed to sales collection in bank notes[11]. - Inventory decreased by 16% from CNY 104,989,851.35 to CNY 87,902,613.44, indicating an increase in sales and a reduction in stock[11]. - Long-term borrowings increased to CNY 26,000,000.00 during the quarter[11].