LANCY(002612)2019-04-26 16:00Revenue and Profit - The company's revenue for Q1 2019 was ¥721,769,552.24, representing an increase of 11.78% compared to ¥645,702,079.45 in the same period last year[8]. - Net profit attributable to shareholders decreased by 12.54% to ¥52,767,437.94 from ¥60,332,100.90 year-on-year[8]. - The company's operating revenue for the current period reached ¥337,968,838.02, an increase of 13.8% compared to ¥297,001,503.65 in the previous period[50]. - The net profit for the current period was ¥31,554,800.34, up from ¥28,863,752.50 in the previous period, reflecting a growth of 5.9%[54]. - Total operating revenue for the first quarter was CNY 721,769,552.24, an increase of 11.76% compared to CNY 645,702,079.45 in the previous year[43]. - Net profit for the period was CNY 58,248,471.28, a decrease of 8.73% from CNY 63,490,564.56 in the same period last year[45]. Cash Flow - The net cash flow from operating activities increased significantly by 88.66% to ¥159,720,255.45 compared to ¥84,662,397.53 in the previous year[8]. - The cash flow from operating activities amounted to ¥159,720,255.45, an increase from ¥84,662,397.53 in the previous period, representing an increase of 88.5%[57]. - The company reported a total cash inflow from operating activities of 638,381,533.62 yuan, with a significant increase in cash receipts from sales[61]. - Total cash inflow from investment activities was 320,968,936.99 yuan, while cash outflow was 467,958,696.05 yuan, resulting in a net cash flow of -146,989,759.06 yuan[61]. - Cash inflow from financing activities totaled 30,000,000.00 yuan, down from 980,000,000.00 yuan in the previous period, leading to a net cash flow of -239,708,300.49 yuan[63]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,004,974,953.57, a decrease of 3.80% from ¥7,282,045,242.65 at the end of the previous year[8]. - Total liabilities decreased to ¥2,710,982,805.81 from ¥2,997,725,556.39, a reduction of approximately 9.59%[33]. - The company's total assets decreased to CNY 4,231,683,823.67 from CNY 4,370,656,472.91, representing a decline of 3.18%[42]. - The company reported a total liability of CNY 2,997,725,556.39, with current liabilities at CNY 2,373,821,698.74[66]. - Total current assets increased to ¥3,724,468,188.83 from ¥3,663,353,596.78, representing a growth of approximately 1.67%[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,308[12]. - The largest shareholder, Shen Dongri, holds 49.06% of the shares, totaling 196,255,500 shares[12]. - The total equity attributable to owners of the parent company increased to CNY 2,173,795,603.66 from CNY 2,142,240,803.32, a rise of 1.48%[42]. Expenses and Impairments - Total operating costs amounted to CNY 713,353,565.51, up from CNY 637,281,840.27, reflecting a year-over-year increase of 11.96%[43]. - Tax expenses increased by 75.21% compared to the same period last year, mainly due to increased value-added tax and corresponding additional taxes in the women's clothing sector[18]. - Asset impairment losses increased by 188.30% compared to the same period last year, primarily due to new inventory write-downs and bad debt provisions in the subsidiary Akabong[18]. - Research and development expenses for the quarter were CNY 15,726,350.63, with no prior year data available for comparison[43]. Financial Position - The weighted average return on equity was 1.89%, down from 2.23% in the previous year, reflecting a decrease of 0.34%[8]. - Basic earnings per share decreased by 12.53% to ¥0.1319 from ¥0.1508 in the same period last year[8]. - The total comprehensive income for the current period was ¥46,590,218.41, compared to ¥29,737,481.56 in the previous period, showing a significant increase[54]. - The company executed the new financial instrument standards on January 1, 2019, leading to a reclassification of available-for-sale financial assets[69]. Other Financial Metrics - Other non-current assets decreased by 96.53% compared to the beginning of the period, mainly due to adjustments in the financial statements according to new financial standards[18]. - Employee compensation payable decreased by 43.54% compared to the beginning of the period, primarily due to the payment of year-end bonuses accrued at the end of the previous year in the asset management sector[18]. - Estimated liabilities decreased by 91.08% compared to the beginning of the period, mainly due to the write-off of certain estimated liabilities accrued at the end of the previous year in the medical beauty sector[18].