LGWH(SH:601599)2015-04-29 16:00Financial Performance - Operating revenue for the period was CNY 497,893,625.94, an increase of 6.98% year-on-year [6]. - Net profit attributable to shareholders was CNY 5,601,927.08, a decrease of 15.37% compared to the same period last year [6]. - Basic and diluted earnings per share were both CNY 0.0148, down 28.85% from CNY 0.0208 in the previous year [6]. - Total revenue for Q1 2015 was CNY 497,893,625.94, an increase of 6.4% compared to CNY 465,392,672.39 in the previous year [24]. - Net profit for Q1 2015 was CNY 6,770,604.90, compared to CNY 5,159,508.17 in the same period last year, representing a growth of 31.2% [25]. - The net profit for Q1 2015 was a loss of ¥2,147,010.18, compared to a profit of ¥9,118,255.44 in the same period last year [29]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 136,819,965.15, worsening by 99.43% compared to the previous year's outflow of CNY 68,604,689.06 [6]. - Cash inflow from operating activities totaled ¥494,443,608.77, an increase of 29.6% from ¥381,566,761.94 in the previous year [32]. - Cash outflow from operating activities was ¥631,263,573.92, up from ¥450,171,451.00, resulting in a net cash flow from operating activities of -¥136,819,965.15, worsening from -¥68,604,689.06 [32]. - Cash flow from investing activities generated a net inflow of ¥66,649,458.15, compared to a net outflow of -¥8,137,312.89 in the previous year [32]. - Cash flow from financing activities resulted in a net outflow of -¥5,157,776.07, an improvement from -¥90,868,302.58 in the same period last year [33]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,271,991,199.47, a decrease of 0.12% compared to the end of the previous year [6]. - The company's total assets amounted to CNY 3,271,991,199.47, a slight decrease from CNY 3,275,992,345.26 at the beginning of the year [19]. - The company's current assets totaled CNY 1,602,881,718.01, showing a marginal increase from CNY 1,601,125,297.51 at the start of the year [18]. - The company's total liabilities were CNY 1,750,607,459.77, down from CNY 1,761,421,255.38 at the beginning of the year [20]. - Total liabilities rose to CNY 1,508,013,783.90 from CNY 1,313,348,833.45, an increase of 14.8% [23]. Shareholder Information - The number of shareholders at the end of the reporting period was 12,781 [10]. - The company has committed to a four-year lock-up period for shares held by Mr. Chen Hanhai, with 25% of the shares being released each year [14]. Inventory and Receivables - The company reported a significant increase in inventory, which stood at CNY 735,295,471.95, compared to CNY 734,571,548.46 at the beginning of the year [18]. - Accounts receivable increased significantly to CNY 441,833,514.36 from CNY 323,524,786.12, indicating a growth of approximately 36.5% [18]. - Significant changes in financial indicators included a 60.04% decrease in notes receivable and a 91.08% increase in prepaid accounts [11]. Management and Expenses - Management expenses increased by 52.76% due to the consolidation of Century Long Dragon [11]. - The company recorded a 1160.14% increase in asset impairment losses, attributed to an increase in accounts receivable [12]. Future Plans - The company plans to raise CNY 1.2 billion through a non-public offering, with CNY 300 million allocated for loan repayment and the remainder for supporting the development of Century Long Dragon's film and cultural projects [12].