LYG(SH:600876)2015-04-28 16:00Financial Performance - Operating revenue decreased by 3.14% to CNY 122,412,046.29 compared to the same period last year[6] - Net profit attributable to shareholders decreased by 145.46% to CNY -32,043,478.77 compared to the same period last year[6] - Basic and diluted earnings per share were both CNY -0.0641, a decrease of 145.46% compared to the previous year[6] - The company reported a net loss of CNY 33,040,251.95 for Q1 2015, compared to a profit of CNY 69,759,293.46 in the previous year[26] - The net profit for the first quarter of 2015 was -34,673,295.80 RMB, compared to a profit of 67,906,573.02 RMB in the same period last year, indicating a significant decline[27] - The operating revenue decreased to 73,247,688.07 RMB, down 41.2% from 124,895,139.38 RMB in the previous year[29] - The total comprehensive income for the first quarter was -34,673,295.80 RMB, compared to 67,906,573.02 RMB in the previous year[27] Assets and Liabilities - Total assets increased by 5.68% to CNY 1,117,103,454.82 compared to the end of the previous year[6] - Total liabilities reached CNY 1,191,116,674.57, an increase of 8.6% from CNY 1,096,457,235.78 at the start of the year[24] - The company's total assets amounted to CNY 927,512,697.56, up from CNY 894,837,493.32, reflecting a growth of 3.7%[25] - The equity attributable to shareholders of the parent company decreased to CNY 17,381,327.47 from CNY 49,399,018.40, a decline of 64.8%[24] Cash Flow - The company reported a net cash flow from operating activities of CNY -43,524,086.16, indicating a significant decline compared to the previous year[6] - Net cash flow from operating activities decreased by 39.02 million yuan year-on-year, mainly due to increased material payments[13] - The net cash flow from operating activities was -43,524,086.16 RMB, compared to -4,499,325.52 RMB in the same period last year, indicating worsening cash flow issues[33] - The financing activities generated a net cash flow of 33,686,338.02 RMB, compared to -9,680,911.06 RMB in the same period last year, indicating improved financing conditions[34] - Cash flow from operating activities showed resilience with a total inflow of $187,526,479.30, slightly up from $182,016,186.16[37] Shareholder Information - The number of shareholders reached 15,705, with 15,648 holding A shares and 57 holding H shares[10] - The top ten shareholders hold a total of 49.59% of shares, with Hong Kong Central Clearing Limited being the largest shareholder[10] Inventory and Receivables - Accounts receivable increased by 754.58% compared to the beginning of the year, mainly due to an increase in received bills[12] - Inventory increased to 262,042,691.58 yuan from 211,781,486.51 yuan at the beginning of the year[20] - Accounts receivable rose to CNY 580,830,561.90, up from CNY 556,257,598.52, indicating an increase of 4.4%[23] Operating Costs and Expenses - Total operating costs increased to CNY 155,234,613.60, up 2.2% from CNY 151,888,664.01 year-on-year[26] - The company incurred total operating expenses of 108,019,215.52 RMB, which is a 53.6% increase compared to 70,349,924.42 RMB in the previous year[33] Other Financial Metrics - The weighted average return on net assets decreased by 198.83 percentage points to -96.00%[6] - Financial expenses decreased by 97.18% year-on-year, mainly due to a reduction in discount interest[13] - Investment income decreased by 100% year-on-year, primarily due to gains from the disposal of subsidiary equity in the previous year[13] - The gross profit margin was approximately 2.0%, down from 1.7% in the previous year, reflecting increased operating costs[29] - The company reported an investment income of 4,384,048.44 RMB, a decrease of 94.4% from 77,554,019.11 RMB in the previous year[30]