LSGC(SH:600738)2015-04-28 16:00Financial Performance - Net profit attributable to shareholders was CNY 30,465,635.92, down 9.52% from CNY 33,671,539.68 in the same period last year[10]. - Operating revenue for the period was CNY 335,552,584.61, representing a decline of 6.64% compared to CNY 359,411,030.98 in the previous year[4]. - The company reported a basic earnings per share of CNY 0.083, down 8.79% from CNY 0.091 in the previous year[4]. - Operating profit for Q1 2015 was CNY 40,278,554.00, down 10.7% from CNY 44,851,276.20 in the same quarter last year[22]. - Net profit for Q1 2015 was CNY 30,465,635.92, a decline of 9.3% from CNY 33,671,539.68 in Q1 2014[23]. - The company recorded a total profit of CNY 40,717,881.21, down 9.4% from CNY 44,976,587.49 in the previous year[23]. Cash Flow - The net cash flow from operating activities was CNY -80,876,656.74, a decrease of 22.27% compared to CNY -66,143,518.27 in the same period last year[4]. - Cash inflow from operating activities totaled CNY 340,482,777.48, compared to CNY 359,200,914.13 in the same quarter last year, reflecting a decrease of 5.2%[26]. - The net cash flow from operating activities for Q1 2015 was -27,552,286.99 RMB, compared to -34,076,958.05 RMB in the same period last year, showing an improvement of approximately 19%[30]. - The net cash flow from investing activities was -58,864,789.47 RMB, compared to -34,572,091.75 RMB in the previous year, representing a decline of about 70%[30]. - The net cash flow from financing activities decreased by 2,975,553.00 yuan, a 100% decline, primarily due to increased interest expenses on short-term loans[11]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,846,381,451.45, a decrease of 1.94% compared to the end of the previous year[4]. - Total liabilities decreased from ¥786,335,774.81 to ¥719,380,713.75, a decrease of approximately 8.5%[17]. - Current liabilities decreased from ¥784,335,774.81 to ¥717,380,713.75, a reduction of about 8.5%[16]. - Owner's equity increased from ¥1,096,535,101.78 to ¥1,127,000,737.70, reflecting an increase of about 2.8%[17]. - Total current assets decreased to 996,962,270.10 yuan from 1,021,845,989.93 yuan, indicating a reduction in liquidity[15]. Shareholder Information - The number of shareholders at the end of the reporting period was 32,314[7]. - The largest shareholder, Honglou Group Co., Ltd., held 134,091,370 shares, accounting for 36.35% of the total shares[7]. Inventory and Receivables - Accounts receivable increased by CNY 127,686.50, a significant increase of 3221.15% compared to the previous period[9]. - Inventory increased to 476,261,187.50 yuan from 419,086,735.13 yuan, reflecting higher stock levels[15]. - Accounts receivable increased significantly from ¥3,964.00 to ¥131,650.50, a growth of over 3,200%[19]. - Prepaid accounts increased by CNY 7,538,338.53, reflecting a growth of 5141.61%[9]. Financial Expenses - Financial expenses increased by 2,365,146.66 yuan, a rise of 1344.89% compared to the same period last year, primarily due to increased interest expenses[11]. - The company reported a decrease in financial expenses to CNY 2,541,007.78 from CNY 175,861.12, indicating a significant increase in financial costs[22].