LSGC(SH:600738)2018-04-27 16:00Financial Performance - Operating income rose by 8.73% to CNY 421,474,197.36 year-on-year[5] - Net profit attributable to shareholders increased by 24.54% to CNY 56,911,886.58 compared to the same period last year[5] - Basic earnings per share increased by 25.86% to CNY 0.073[6] - Total operating revenue for Q1 2018 was CNY 421,474,197.36, an increase of 8.5% compared to CNY 387,616,547.21 in the same period last year[25] - Net profit for Q1 2018 reached CNY 56,911,886.58, representing a 24.5% increase from CNY 45,698,229.56 in Q1 2017[25] - The company reported a gross profit margin of approximately 19.2% for Q1 2018, compared to 16.5% in the same period last year[25] Cash Flow - The net cash flow from operating activities improved by 32.49%, reaching CNY -46,981,553.96[5] - The net cash flow from operating activities improved by 22.61 million yuan (32.49%) compared to the previous year, mainly due to the costs associated with the Asia-Europe International Development[14] - Cash inflow from operating activities totaled 514,563,601.09 RMB, compared to 466,246,257.92 RMB in the previous year, reflecting an increase of approximately 10.3%[32] - Cash outflow from operating activities was 561,545,155.05 RMB, slightly higher than 535,838,749.58 RMB in the previous year, resulting in a net cash flow from operating activities of -46,981,553.96 RMB[32] - The net cash flow from financing activities increased by 987.78 million yuan (247.02%) compared to the previous year, mainly due to an increase in short-term borrowings and a decrease in loan repayments[16] - The net cash flow from financing activities was 58,790,700.39 RMB, a significant improvement from -39,987,203.57 RMB in the same period last year[33] Assets and Liabilities - Total assets increased by 0.73% to CNY 5,037,408,199.62 compared to the end of the previous year[5] - The company's total assets as of March 31, 2018, were 5.04 billion yuan, compared to 5.00 billion yuan at the beginning of the year[19] - The company's total liabilities decreased from 3.17 billion yuan to 3.14 billion yuan compared to the beginning of the year[20] - Current liabilities totaled CNY 699,658,798.77, an increase of 13.1% from CNY 618,583,338.97 at the start of the year[23] - The total liabilities as of the end of Q1 2018 were CNY 756,158,798.77, an increase of 12.0% from CNY 675,083,338.97 at the beginning of the year[23] Inventory and Prepaid Accounts - The company's inventory as of March 31, 2018, was 1.46 billion yuan, an increase from 1.41 billion yuan at the beginning of the year[19] - Prepaid accounts increased significantly by 2503.22% to CNY 8,234,402.94[11] Expenses - Operating expenses increased by 7.08 million yuan (51.97%) compared to the previous year, primarily due to increased advertising, utilities, and miscellaneous project costs[15] - Total operating costs for Q1 2018 were CNY 340,606,673.34, up from CNY 324,235,443.31, reflecting a year-over-year increase of 5.5%[25] Employee Compensation - The company paid 54,458,671.38 RMB to employees, which is an increase from 33,476,923.58 RMB in the previous year, representing a rise of about 62.7%[32]