LFD(SH:600149)2015-04-24 16:00Financial Performance - Operating revenue for the current period was CNY 1,124,906.67, representing a significant decline of 90.90% year-on-year [5]. - Net profit attributable to shareholders of the listed company was a loss of CNY 1,370,748.04, a decrease of 248.28% compared to the same period last year [5]. - Basic and diluted earnings per share were both CNY -0.0036, reflecting a decrease of 250% year-on-year [5]. - Net cash flow from operating activities was CNY -3,225,196.31, a decline of 677.52% compared to the previous year [5]. - The company's operating revenue for the first quarter was 1,124,900 RMB, a decrease of 90.90% compared to 12,366,400 RMB in the same period last year due to inventory sales in the previous year [13]. - Total operating revenue for Q1 2015 was CNY 1,124,906.67, a decrease of 90.9% compared to CNY 12,366,359.71 in the same period last year [26]. - Net loss for Q1 2015 amounted to CNY 1,399,390.98, compared to a net profit of CNY 924,435.12 in Q1 2014 [27]. - Total revenue from sales of goods and services for Q1 2015 was CNY 560,000, a decrease of 30.8% compared to CNY 809,000 in the same period last year [33]. - The company reported a total comprehensive income of -CNY 1,327,660.88 for the quarter [34]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 299,591,938.28, a decrease of 0.66% compared to the end of the previous year [5]. - The company's total assets as of the end of Q1 2015 were CNY 307,118,933.18, a slight decrease from CNY 308,953,514.64 at the end of the previous period [24]. - The company's cash and cash equivalents decreased to 43,420,687.31 RMB from 46,900,365.92 RMB, a decline of 5.30% [18]. - The accounts receivable stood at 11,347,831.56 RMB, slightly down from 11,982,924.89 RMB, indicating a decrease of 5.29% [18]. - The company reported a total current liabilities of 27,218,497.69 RMB, a slight decrease from 27,804,934.95 RMB, reflecting a reduction of 2.10% [20]. - Total liabilities for Q1 2015 were CNY 34,307,245.59, compared to CNY 34,814,166.17 in the previous period [24]. - The company's equity totaled CNY 272,811,687.59, down from CNY 274,139,348.47 in the previous period [24]. Shareholder Information - The total number of shareholders at the end of the reporting period was 33,009 [10]. - The largest shareholder, Langfang Land Development Investment Holding Co., Ltd., held 50,050,000 shares, accounting for 13.17% of total shares [10]. - The second-largest shareholder, China Construction Bank - ICBC Credit Suisse Stable Growth Equity Fund, held 13,731,989 shares, representing 3.61% [10]. Cash Flow and Expenses - Total cash inflow from operating activities was CNY 2,261,295.28, down 47.1% from CNY 4,277,773.12 in the previous year [33]. - Total cash outflow from operating activities increased to CNY 5,486,491.59, compared to CNY 3,719,314.06 in Q1 2014, representing a 47.5% increase [34]. - Management expenses for Q1 2015 were CNY 2,727,555.65, down from CNY 3,001,960.55 in the previous year [30]. - Sales expenses for Q1 2015 were CNY 129,760.13, slightly decreased from CNY 130,374.12 in the same period last year [30]. Other Information - The company reported non-recurring gains of CNY 650,000.00, with a tax impact of CNY -216,666.67 [8]. - The weighted average return on net assets was -0.50%, a decrease of 0.85 percentage points compared to the previous year [5]. - The company has committed to ensuring that the annual net yield of the assets to be injected is not less than 6% [14]. - The company has ongoing litigation regarding the failure of a partner to fulfill commitments, with plans to apply for arbitration [15]. - The company has not provided a warning regarding significant changes in cumulative net profit from the beginning of the year to the next reporting period [15]. - The company has prepayments amounting to 3,268,300.00 RMB, which were made to suppliers [18]. - Investment income for Q1 2015 was CNY 478,887.70, an increase from CNY 351,404.79 in the same period last year [27]. - Cash flow from financing activities was not reported, indicating no significant changes in financing during the quarter [37].