LFD(SH:600149)2017-04-26 16:00Financial Performance - Operating revenue was CNY 0.00, a decrease of 100% from CNY 1,053,912.59 in the same period last year[6] - Net profit attributable to shareholders was CNY -2,320,618.56, compared to CNY -12,883,455.39 in the previous year, indicating an improvement[6] - The company reported a basic and diluted earnings per share of CNY -0.0061, an improvement from CNY -0.0339 in the previous year[6] - Net loss for Q1 2017 was CNY -2,337,987.66, compared to a net loss of CNY -12,929,730.80 in the previous period, indicating an improvement[24][28] - Basic and diluted earnings per share for Q1 2017 were both CNY -0.0061, an improvement from CNY -0.0339 in the previous period[25] - There were no significant changes expected in net profit compared to the previous year[12] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -1,760,816.32, an improvement from CNY -2,665,450.32 in the same period last year[6] - Total cash inflow from operating activities was 92,690.74 RMB, compared to 11,872,535.07 RMB in the previous year, showing a significant decline in operational cash receipts[32] - Cash outflow from operating activities totaled 1,853,507.06 RMB, down from 14,537,985.39 RMB in the previous year, reflecting a decrease of about 87%[32] - The cash flow from operating activities showed a net outflow, highlighting challenges in generating cash from core operations[32] - The net cash flow from operating activities for the first quarter of 2017 was -1,760,816.32 RMB, an improvement from -2,665,450.32 RMB in the same period last year, indicating a reduction in cash outflow by approximately 34%[32] Assets and Liabilities - Total assets decreased by 1.32% to CNY 205,870,159.05 compared to the end of the previous year[6] - The total liabilities were CNY 24,152,692.81, slightly down from CNY 24,558,525.41 at the start of the year[17] - The company's total assets amounted to CNY 216,952,506.47, down from CNY 219,637,698.44 in the previous period[21] - Total liabilities were CNY 31,240,166.37, slightly decreased from CNY 31,631,338.45 in the previous period[21] - The total equity attributable to shareholders was CNY 181,565,753.98, down from CNY 183,886,372.54[17] Shareholder Information - The number of shareholders reached 87,937 at the end of the reporting period[8] - The largest shareholder, Evergrande Real Estate Group, holds 20.00% of the shares, totaling 76,032,050 shares[8] Legal Matters - The company is currently involved in a legal case regarding a loan to Hebei Guolong Real Estate Development Co., Ltd., which is under litigation[11] - The company has ongoing legal proceedings related to commitments not fulfilled, with a case currently under arbitration[12] Expenses - Financial expenses decreased significantly by 103.21% to CNY -8.34, as there were no interest expenses incurred during the period[10] - The company reported a significant decrease in management expenses to CNY 2,195,693.43 from CNY 2,526,713.30 in the previous period[24] Investment Performance - Investment losses for Q1 2017 were CNY -8,147,068.90, compared to the previous period's losses, indicating ongoing challenges in investment performance[24]