LNCD(SH:600739)2017-04-27 16:00Financial Performance - Total revenue for the first quarter reached ¥3,283,419,177.76, an increase of 88.25% compared to ¥1,744,156,721.60 in the same period last year[6] - Net profit attributable to shareholders was ¥695,354,845.01, representing a 137.83% increase from ¥292,380,042.78 year-on-year[6] - Basic earnings per share were ¥0.4546, up 137.89% from ¥0.1911 in the same period last year[6] - The company reported a significant increase in investment income, reaching ¥815,654,579.39, a 98.62% rise from ¥410,658,392.79[11] - Net profit for Q1 2017 was ¥680,047,572.44, up from ¥292,680,905.53 in the prior year, reflecting a growth of approximately 132.5%[24] - Basic and diluted earnings per share for Q1 2017 were both ¥0.4546, compared to ¥0.1911 in the same period last year, indicating an increase of approximately 137.5%[25] - Investment income for Q1 2017 was ¥815,654,579.39, up from ¥410,658,392.79 in the previous year, representing a growth of about 98.5%[24] - The total comprehensive income for the current period is CNY 874,616,559.87, compared to CNY 96,707,705.25 in the previous period, reflecting a substantial increase[28] Cash Flow - The net cash flow from operating activities was negative at -¥387,349,891.33, compared to -¥14,514,607.75 in the previous year[6] - Cash flow from operating activities shows a net outflow of CNY 387,349,891.33, worsening from a net outflow of CNY 14,514,607.75 in the previous period[30] - Cash inflow from operating activities totaled 113,818,467.97, down from 2,175,875,500.04 in the prior period[34] - Cash outflow from operating activities was 246,027,752.21, compared to 979,253,595.62 previously, indicating a reduction in operational expenses[34] - Cash flow from investing activities has a net outflow of CNY 1,550,847,986.06, compared to a net outflow of CNY 6,846,057,307.95 in the previous period, indicating improved cash management[31] - The net cash flow from investing activities was -988,054,791.45, an improvement from -6,660,098,224.60 in the last period[34] - The net cash flow from financing activities was 1,482,707,270.46, compared to 4,842,999,469.90 in the prior period[34] Assets and Liabilities - The total assets at the end of the reporting period were ¥35,141,715,645.27, a 5.68% increase from ¥33,252,311,852.98 at the end of the previous year[6] - The company's total liabilities increased to approximately 14.31 billion RMB from 13.25 billion RMB, indicating a rise of about 8%[17] - The company's total equity rose to approximately 20.83 billion RMB from 20.00 billion RMB, showing an increase of about 4.1%[17] - The company's total assets increased to ¥30,751,801,676.35 from ¥28,193,026,571.66 at the beginning of the year, marking a rise of about 9.1%[21] - Current assets totaled ¥4,779,181,647.83 at the end of the period, compared to ¥2,763,478,818.65 at the beginning of the year, showing an increase of approximately 73.0%[21] - The total liabilities rose to ¥11,996,670,574.87 from ¥10,311,426,914.12, which is an increase of about 16.3%[21] - The company's equity increased to ¥18,755,131,101.48 from ¥17,881,599,657.54, reflecting a growth of approximately 4.9%[21] Shareholder Information - The number of shareholders at the end of the reporting period was 87,521[10] - The company has completed the industrial and commercial changes for all six Carrefour joint ventures as of the report date[13] Other Financial Metrics - The company's cash and cash equivalents decreased to approximately 1.14 billion RMB from 1.68 billion RMB, representing a decline of about 32.5%[15] - The company's short-term borrowings increased to approximately 5.53 billion RMB from 4.76 billion RMB, reflecting an increase of about 16.2%[16] - The company's accounts receivable stood at approximately 1.47 billion RMB, slightly down from 1.49 billion RMB, indicating a decrease of about 3.3%[15] - The company reported a total of approximately 7.01 billion RMB in current assets, up from 5.66 billion RMB, marking an increase of about 24%[15] - The company reported a significant increase in fair value gains of CNY 984,409.06, compared to a loss of CNY 447,956.66 in the previous period[28] - The company has maintained a stable management expense of CNY 16,718,898.95, slightly down from CNY 17,432,171.43 in the previous period[28] Corporate Actions - The company is currently undergoing a non-public stock issuance process, which is under review by the China Securities Regulatory Commission[12] - The company received a total of 420 million RMB from the transfer of its entire stake in Carrefour, with the stake valued at approximately 419.64 million RMB according to an assessment by Beijing Zhongqi Hua Asset Appraisal Co., Ltd.[12]