LGWH(SH:601599)2017-04-24 16:00Financial Performance - Operating revenue rose by 36.57% to CNY 644,132,577.72 year-on-year[6] - Net profit attributable to shareholders decreased by 9.32% to CNY 5,192,138.02 compared to the same period last year[6] - The weighted average return on net assets decreased by 0.14 percentage points to 0.34%[6] - The basic and diluted earnings per share remained unchanged at CNY 0.01[6] - Total operating revenue for Q1 2017 was CNY 644,132,577.72, an increase of 36.5% compared to CNY 471,643,966.65 in the same period last year[28] - Net profit for Q1 2017 was CNY 3,901,344.34, representing a 98.5% increase from CNY 1,964,103.13 in Q1 2016[29] - The total comprehensive income for Q1 2017 was CNY 3,838,410.89, compared to CNY 1,889,882.03 in Q1 2016, showing a substantial increase[30] Cash Flow - Cash flow from operating activities showed a significant decline of 127.69%, reaching -CNY 533,202,784.58[6] - The net cash flow from operating activities was -533,202,784.58 RMB, compared to -234,182,407.68 RMB in the previous period, indicating a decline in operational cash flow[36] - Total cash inflow from operating activities was 764,142,268.77 RMB, while cash outflow was 1,297,345,053.35 RMB, resulting in a significant cash outflow[36] - Cash flow from investment activities showed a net outflow of -24,620,273.37 RMB, an improvement from -192,703,750.39 RMB in the previous period[36] - The net cash flow from financing activities was 342,981,940.16 RMB, down from 810,853,357.88 RMB in the previous period, reflecting reduced financing activities[37] - The total cash and cash equivalents at the end of the period were 255,464,823.18 RMB, a decrease from 601,783,926.98 RMB in the previous period[37] Assets and Liabilities - Total assets increased by 6.10% to CNY 5,401,359,264.06 compared to the end of the previous year[5] - Total current assets increased to CNY 3,462,872,878.06 from CNY 3,159,043,231.77, representing a growth of approximately 9.6%[20] - Total liabilities rose to CNY 2,601,909,158.62 from CNY 2,294,311,283.82, indicating an increase of around 13.4%[22] - Short-term borrowings increased by 59.47% to RMB 1,034,486,552.93 due to higher bank loans[14] - The company's total liabilities reached CNY 1,750,064,398.11, an increase of 14.7% compared to CNY 1,525,679,368.07 in the previous year[26] Shareholder Information - The number of shareholders reached 43,838 by the end of the reporting period[10] - The top shareholder, Qian Wenlong, holds 13.3% of the shares, with 105 million shares pledged[10] Investments - The company invested RMB 30 million in Suzhou Tianrun Anding Animation Co., holding a 30.07% stake[15] - The company plans to achieve a net profit of no less than RMB 700 million in 2017, RMB 910 million in 2018, and RMB 1,170 million in 2019 from the investment in Tianrun Animation[15] - The company increased the registered capital of its wholly-owned subsidiary Century Long Dragon Film Co. by RMB 18,795,000, raising it from RMB 6,205,000 to RMB 25,000,000[16] Other Financial Metrics - Non-recurring gains and losses totaled CNY 3,896,951.21 for the period[9] - Cash and cash equivalents decreased by 37.83% to RMB 352,590,460.98 due to increased payments for goods[13] - Accounts receivable notes dropped by 77.14% to RMB 16,181,075.67 as they were used to pay for goods[13] - Operating costs rose by 37.12% to RMB 659,893,242.55 in line with increased revenue[14] - Other current assets increased by 45.39% to RMB 446,669,075.70 due to an increase in fixed-income investments[14] - Accounts receivable rose to CNY 877,897,788.47 from CNY 727,016,121.35, marking an increase of about 20.7%[20] - Inventory increased significantly to CNY 1,296,637,999.01 from CNY 1,043,613,593.36, reflecting a growth of approximately 24.2%[20] - Non-current assets totaled CNY 1,938,486,386.00, slightly up from CNY 1,931,820,298.60, indicating a marginal increase of around 0.3%[21] - The total equity attributable to shareholders rose to CNY 2,675,113,145.55 from CNY 2,667,027,541.76, a slight increase of approximately 0.3%[22]