LFD(SH:600149)2017-10-30 16:00Financial Performance - Operating income for the period was CNY 18,928,465.42, an increase of 14.62% year-on-year[7] - Net profit attributable to shareholders was a loss of CNY 5,429,839.52, an improvement from a loss of CNY 15,306,802.02 in the same period last year[7] - Operating profit for the third quarter was ¥38,977.10, a significant improvement compared to a loss of ¥2,412,535.02 in the same quarter last year[20] - Total operating revenue for the first nine months of 2017 reached ¥18,928,465.42, an increase from ¥16,513,517.81 in the same period last year, representing a growth of approximately 14%[19] - Total operating costs for the first nine months were ¥26,334,788.66, down from ¥28,443,654.81 in the same period last year, indicating a reduction of approximately 7.4%[19] - The company reported a basic earnings per share of ¥0.0001 for the third quarter, compared to a loss of ¥0.0027 in the same quarter last year[20] - The company recorded investment income of ¥1,920,000.00 for the third quarter, compared to a loss of ¥5,790,212.28 in the same period last year[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 203,278,260.76, a decrease of 2.56% compared to the end of the previous year[7] - The company's current assets totaled CNY 61,596,063.86, down from CNY 63,424,607.70 at the beginning of the year, indicating a decrease of about 2.9%[15] - The company's total liabilities stood at CNY 24,728,930.10, slightly up from CNY 24,558,525.41, showing a marginal increase of about 0.7%[16] - The total liabilities as of the end of the reporting period amounted to ¥31,817,462.39, slightly up from ¥31,631,338.45 at the end of the previous period[18] - The total equity attributable to the parent company was CNY 178,456,533.02, down from CNY 183,886,372.54, reflecting a decrease of approximately 3.4%[16] - The total equity attributable to shareholders was ¥182,694,288.22, down from ¥188,006,359.99 at the end of the previous period[18] Cash Flow - The net cash flow from operating activities was negative CNY 26,221,307.57, a decrease of 285.03% compared to the same period last year[7] - Operating cash inflow for the period was CNY 22,016,010.12, a decrease of 36% compared to CNY 34,398,900.92 in the same period last year[25] - Cash outflow from operating activities totaled CNY 48,237,317.69, up 138% from CNY 20,227,651.29 year-on-year[25] - Cash inflow from investment activities was CNY 21,920,000.00, down 36% from CNY 34,431,660.97 year-on-year[27] - Net cash flow from investment activities was CNY 21,743,202.00, an increase of 51% compared to CNY 14,380,289.54 last year[27] - Cash outflow from financing activities was CNY 158,775,000.00, with no cash inflow recorded for the period[27] - The net increase in cash and cash equivalents was CNY -4,478,105.57, compared to a decrease of CNY -130,223,460.83 in the same period last year[25] - The ending balance of cash and cash equivalents was CNY 34,394,765.55, up from CNY 26,316,475.29 year-on-year[25] - The company reported a significant increase in cash paid for purchasing goods and services, totaling CNY 42,715,000.00, compared to CNY 12,218,874.80 last year[25] - Cash received from the recovery of investments was CNY 20,000,000.00, consistent with the previous year's amount[27] Shareholder Information - The total number of shareholders at the end of the reporting period was 59,018[8] - Net cash flow from operating activities was negative at CNY -26,221,307.57, compared to a positive CNY 14,171,249.63 in the previous year[25] Legal Proceedings - The company has initiated legal proceedings against Hebei Guolong Real Estate Development Co., Ltd. for unpaid loans, with a favorable court ruling received[10] - The company has initiated arbitration proceedings regarding unfulfilled commitments, with the case currently under review by the Shanghai Arbitration Commission[11] Future Outlook - The company plans to focus on market expansion and new product development to enhance revenue streams moving forward[24] - The company’s cash flow statement for the first nine months will provide insights into liquidity and operational efficiency, which are critical for future growth strategies[24]