LBX(SH:603883)2017-04-28 16:00Financial Performance - Operating revenue rose by 30.08% to CNY 1,728,576,064 year-on-year[6] - Net profit attributable to shareholders increased by 43.33% to CNY 113,333,265 compared to the same period last year[6] - Cash flow from operating activities surged by 106.01% to CNY 207,112,783 year-on-year[6] - Basic earnings per share improved by 40.00% to CNY 0.42[6] - Total revenue for Q1 2017 reached ¥1,728,576,064, an increase of 30.1% compared to ¥1,328,880,702 in the same period last year[32] - Net profit for Q1 2017 was ¥121,964,855, representing a 38.2% increase from ¥88,361,954 in Q1 2016[33] - The net profit for Q1 2017 was CNY 24,911,290, an increase of 31.5% compared to CNY 19,003,428 in the same period last year[36] Assets and Liabilities - Total assets increased by 2.43% to CNY 5,028,825,438 compared to the end of the previous year[6] - The company's total assets amounted to 5,028,825,438 RMB, an increase from 4,909,689,483 RMB at the beginning of the year[26] - The company's total liabilities were 2,960,526,268 RMB, slightly down from 2,964,355,168 RMB at the beginning of the year[27] - Total liabilities for Q1 2017 were ¥1,944,281,921, an increase of 9.7% from ¥1,772,395,179 in Q1 2016[31] - Current assets totaled ¥1,477,700,709, which is a 5.9% increase from ¥1,395,267,200 in the previous year[30] Shareholder Information - The total number of shareholders reached 29,534 at the end of the reporting period[10] - The largest shareholder, Zexing Investment Co., Ltd., holds 34.77% of shares[10] Operational Metrics - The number of direct-operated stores reached 1,870, with 54 new stores opened during the reporting period[17] - The average daily sales per square meter for flagship stores was CNY 114, indicating operational efficiency[18] - The Northwest region saw a remarkable revenue increase of 162.38%[16] Expenses and Cash Flow - Total operating costs for Q1 2017 were ¥1,576,078,850, up 28.9% from ¥1,223,419,034 in Q1 2016[33] - The company reported a significant increase in sales expenses, which rose to ¥373,414,708, up 19.3% from ¥312,966,103 in Q1 2016[33] - The company paid CNY 267,289,636 in employee compensation, which is a 38.5% increase from CNY 193,045,069 in Q1 2016[39] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 4,596,649 related to normal business operations[8] - Non-recurring gains and losses totaled CNY 3,691,814 for the reporting period[8] Future Plans - The company plans to issue up to 17,825,311 shares to raise a total of no more than 800 million RMB, approved by the board and shareholders[20] - The company received a notice from the China Securities Regulatory Commission regarding the acceptance of its application for non-public issuance of new shares[21] - The company plans to resume the review of its non-public issuance application after appointing a new legal advisor[22]