Luxin Co.,(SH:600783)2018-04-27 16:00Financial Performance - Operating revenue rose by 5.42% to CNY 45,676,691.34 year-on-year[6] - Net profit attributable to shareholders increased by 63.57% to CNY 27,342,302.30 compared to the same period last year[6] - Net profit attributable to shareholders, after deducting non-recurring gains and losses, increased by 59.85% to CNY 26,358,919.24[6] - Basic earnings per share doubled to CNY 0.04, reflecting a 100% increase[6] - Total revenue for Q1 2018 was CNY 45,676,691.34, an increase of 5.4% compared to CNY 43,327,341.32 in the previous year[25] - Net profit for Q1 2018 reached CNY 27,464,792.04, representing a 52.5% increase compared to CNY 17,996,825.24 in the same period last year[26] - The total comprehensive income for Q1 2018 was CNY 101,740,400.67, compared to CNY 35,749,151.68 in the previous year, indicating a substantial growth[27] Assets and Liabilities - Total assets increased by 6.92% to CNY 5,997,313,782.99 compared to the end of the previous year[6] - Total liabilities increased to CNY 2,263,616,468.03 from CNY 1,956,724,989.01, representing a rise of 15.6%[19] - Non-current liabilities totaled CNY 2,037,615,914.78, compared to CNY 1,709,682,844.56, indicating an increase of 19.2%[19] - Current liabilities decreased to CNY 226,000,553.25 from CNY 247,042,144.45, a decline of 8.1%[19] - The company's equity increased to CNY 3,733,697,314.96 from CNY 3,652,270,669.72, showing a growth of 2.2%[19] - The total non-current assets were CNY 4,713,390,108.43, up from CNY 4,613,594,279.53, reflecting a growth of 2.2%[19] Cash Flow - Cash flow from operating activities improved significantly, with a net outflow of CNY -38,344,369.43, compared to CNY -75,899,378.65 in the previous year[6] - The net cash flow from operating activities was -38,344,369.43 RMB, a decrease from -75,899,378.65 RMB in the previous period, indicating an improvement of approximately 49.5%[32] - The company reported a net cash inflow from operating activities of CNY 32,224,674.09, down from CNY 36,890,067.71 in the previous year[31] - Net cash flow from investing activities showed a significant decline, with a net outflow of ¥265,352,588.95, primarily due to increased cash outflows for investments[13] - Net cash flow from financing activities increased by 64.67% to ¥270,230,980.28, mainly due to new borrowings[13] - The net cash flow from financing activities was 270,230,980.28 RMB, compared to 164,100,000.00 RMB in the previous period, reflecting a growth of approximately 64.5%[33] Shareholder Information - The total number of shareholders reached 39,509 by the end of the reporting period[9] - The largest shareholder, Shandong Lixin Investment Holding Group Co., Ltd., holds 68.53% of the shares[9] Receivables and Other Assets - Accounts receivable increased by 51.15% to ¥7,884,232.86, primarily due to an increase in accepted bills[12] - Interest receivable rose significantly by 620.53% to ¥1,723,163.93, mainly attributed to increased bank interest receivable[12] - Other receivables decreased by 39.53% to ¥18,269,736.66, primarily due to the recovery of equity transfer payments[12] - Other current assets increased by 66.53% to ¥731,180,759.85, mainly due to an increase in unexpired bank wealth management products[12] Investment Income - Investment income rose by 30.38% to ¥69,926,578.46, driven by increased equity method income and gains from divestitures[13] - The company reported a 100% increase in asset disposal income to ¥731,021.79, reflecting new asset disposal gains[13] - Investment income for Q1 2018 was CNY 69,926,578.46, a significant increase of 30.5% from CNY 53,632,946.14 in the previous year[26]