LEP(SH:600644)2018-04-27 16:00Financial Performance - Operating revenue for the first quarter was CNY 516,356,781.70, representing a 6.20% increase year-on-year[8] - Net profit attributable to shareholders decreased by 44.03% to CNY 16,525,636.78 compared to the same period last year[8] - Net profit for Q1 2018 was CNY 19,757,577.00, a decrease of 39.5% from CNY 32,616,418.91 in Q1 2017[30] - The company’s total profit for Q1 2018 was CNY 22,779,412.71, down from CNY 36,099,031.19 in Q1 2017[30] - Earnings per share for Q1 2018 were CNY 0.031, down from CNY 0.055 in the same quarter last year[31] Cash Flow - The net cash flow from operating activities was negative at CNY -123,484,591.59, a decline of 65.39% year-on-year[8] - Cash flow from operating activities for Q1 2018 was CNY 541,056,451.53, an increase from CNY 523,042,911.10 in Q1 2017[37] - The net cash flow from operating activities was -123,484,591.59 RMB, compared to -74,661,244.00 RMB in the previous period, indicating a decline in operational cash flow[38] - The company reported a total cash outflow from operating activities of 683,519,136.90 RMB, compared to 609,385,019.88 RMB in the previous period, indicating higher operational expenses[38] - The cash inflow from operating activities was 560,034,545.31 RMB, slightly up from 534,723,775.88 RMB in the previous period, showing stable revenue generation[38] Assets and Liabilities - Total assets increased by 1.75% to CNY 3,036,931,812.74 compared to the end of the previous year[8] - Current assets decreased to CNY 472,165,446.91 from CNY 486,946,394.03, primarily due to a reduction in cash and cash equivalents[21] - Total liabilities increased to CNY 1,538,714,144.29 from CNY 1,506,312,503.09, with current liabilities totaling CNY 919,912,630.20[23] - Total liabilities as of the end of Q1 2018 amounted to CNY 1,119,669,423.77, a slight decrease from CNY 1,141,241,928.59 at the end of the previous quarter[27] - Total equity as of the end of Q1 2018 was CNY 929,249,646.14, compared to CNY 926,724,001.24 in the previous quarter[27] Expenses - Sales expenses rose by 61.69% to CNY 20,340,077.14, primarily due to changes in accounting standards[17] - Total operating costs for Q1 2018 were CNY 494,622,752.71, up 9.5% from CNY 451,649,646.78 in Q1 2017[29] - The company reported a significant increase in other operating expenses, with a rise of 214.80% in non-operating expenses to CNY 863,446.26[17] - The company paid 187,956,034.05 RMB to employees, an increase from 172,871,727.18 RMB in the previous period, reflecting higher labor costs[38] - The cash outflow for purchasing goods and services was 399,039,641.46 RMB, compared to 362,786,042.27 RMB in the previous period, indicating increased procurement expenses[38] Financing Activities - Short-term borrowings increased by 46.67% to CNY 330,000,000.00 due to increased bank financing[15] - Total cash inflow from financing activities was 260,000,000.00 RMB, an increase from 225,000,000.00 RMB in the previous period, reflecting improved financing efforts[39] - The net cash flow from financing activities was 109,319,196.17 RMB, significantly higher than 63,166,521.94 RMB in the previous period, indicating stronger financing performance[39] - The company recorded a cash outflow of 5,680,803.83 RMB for dividend payments, up from 4,333,478.06 RMB in the previous period, reflecting a commitment to shareholder returns[39] Shareholder Information - The number of shareholders reached 32,307 by the end of the reporting period[12] - The company has not indicated any significant changes in its cumulative net profit forecast for the upcoming reporting period[19]