LFD(SH:600149)2018-10-30 16:00Financial Performance - Operating revenue increased by 61.84% to CNY 30,633,984.17 compared to the same period last year[6] - Net profit attributable to shareholders was CNY -11,290,732.71, showing a significant loss compared to CNY -5,429,839.52 in the previous year[6] - The weighted average return on net assets was -5.68%, compared to -3.00% in the previous year[6] - The company reported a gross profit margin of approximately -11.0% for Q3 2018, compared to a positive margin in Q3 2017[22] - The net profit attributable to the parent company for Q3 2018 was -¥3,395,743.05, compared to a profit of ¥52,271.57 in Q3 2017, indicating a decline of over 6,600%[26] - The total comprehensive income for Q3 2018 was -¥3,484,862.56, a decrease from ¥19,177.10 in Q3 2017[27] Assets and Liabilities - Total assets decreased by 3.92% to CNY 318,711,080.75 compared to the end of the previous year[6] - Total liabilities were reported at ¥132,851,143.18, a slight decrease from ¥134,414,931.01 at the start of the year, showing a reduction of about 1.2%[19] - The company's total equity decreased to ¥197,323,849.74 from ¥208,522,369.85 at the beginning of the year, representing a decline of approximately 5.4%[19] - The company's total current assets were RMB 181.30 million, down from RMB 190.73 million at the beginning of the year, reflecting a decrease of approximately 4.7%[16] - The investment property value decreased from RMB 129.21 million to RMB 126.10 million, a decline of approximately 2.0%[16] Cash Flow - Cash flow from operating activities improved to CNY -12,588,168.14 from CNY -26,221,307.57 in the same period last year[6] - Cash received from sales of goods and services increased by 57.24% to CNY 3,402.04 million compared to the previous year[11] - The net cash flow from operating activities for the first nine months of 2018 was -¥12,588,168.14, an improvement from -¥26,221,307.57 in the same period last year[30] - The total cash and cash equivalents at the end of Q3 2018 were ¥165,005,942.05, down from ¥183,055,346.74 at the beginning of the period[30] - The ending cash and cash equivalents balance was $164,861,797.49, compared to $34,163,633.45 at the end of the same period last year, indicating a substantial increase[32] Shareholder Information - The number of shareholders reached 44,229, with the top ten shareholders holding a significant portion of the shares[8] - Evergrande Group held 20.00% of the shares, while Langfang Investment Holding Group held 15.30%, with some shares frozen[8][10] Operational Costs - Total operating costs for Q3 2018 were ¥30,809,010.55, compared to ¥11,545,438.55 in the same period last year, indicating an increase of about 167.5%[22] - The total operating costs for Q3 2018 were ¥27,244,230.86, compared to ¥9,302,716.12 in Q3 2017, reflecting a growth of approximately 193.5%[26] Future Outlook - The company plans to focus on cost management and operational efficiency to improve future profitability and reduce losses[22]