Gemdale(SH:600383)2015-04-27 16:00Financial Performance - Net profit attributable to shareholders rose by 59.13% to CNY 78.52 million year-on-year[6] - Operating revenue grew by 16.07% to CNY 3.66 billion compared to the same period last year[6] - Basic and diluted earnings per share doubled to CNY 0.02 from CNY 0.01[6] - Net profit for Q1 2015 reached CNY 114,931,646.51, compared to CNY 60,844,509.91 in the previous year, representing an increase of 88.83%[28] - The total comprehensive income attributable to the parent company was CNY 11,120,730.28, compared to a loss of CNY 6,473,858.85 in the previous year[29] Asset and Liability Management - Total assets increased by 4.67% to CNY 130.49 billion compared to the end of the previous year[6] - The total liabilities as of March 31, 2015, amounted to CNY 88,335,557,130.24, an increase from CNY 84,147,935,299.47 at the beginning of the year[22] - Total current liabilities rose to CNY 33,598,558,892.64 from CNY 28,043,976,389.48, reflecting an increase of 19.06%[26] - The total equity attributable to shareholders of the parent company was CNY 31,642,229,412.02, slightly up from CNY 31,484,307,901.87[22] Cash Flow Analysis - The net cash flow from operating activities improved, with a reduction in cash outflow to ¥-2,560,500,511.96 from ¥-3,455,949,645.34[18] - Cash and cash equivalents increased by 14.83% to ¥19,560,038,610.51 due to new borrowings[17] - Cash inflow from investment activities reached $406.61 million, compared to $24.46 million in the prior period, marking a substantial increase of 1,558.5%[38] - Total cash outflow from operating activities was $1.83 billion, down from $3.86 billion, indicating a reduction of 52.5%[37] Project Development and Investments - The company reported a total of 21 ongoing real estate projects, with significant investments in Shenzhen and Guangzhou[8] - The total planned investment for the Shenzhen Tianyue Bay project is CNY 505.37 million, with a total construction area of 369,890 square meters[8] - The cumulative signed area for the Guangzhou Lihucity project reached 744,884 square meters, with a total investment of CNY 1.39 billion[8] - The company has ongoing projects with a total investment of approximately ¥6.5 billion across various locations, with significant projects in Beijing, Tianjin, and Shanghai[9] Shareholder Information - The company has a total of 138,922 shareholders as of the end of the reporting period[14] - The top ten shareholders hold a combined 66.66% of the shares, with the largest shareholder, Fude Life Insurance, owning 21.81%[14] Operational Metrics - The average selling price per square meter for new projects in the first quarter is ¥7,322, with a total of 110,376 square meters signed[9] - The company reported a total of 1,030,242 square meters available for lease in Nanjing's new project, with a completion rate of 100%[9] - The company has a total of 2,732,583 square meters under construction in Xi'an, with a completion rate of 100%[10] - The company has ongoing projects in Zhengzhou with a total investment of approximately ¥431 million, with a completion rate of 51%[10] Government Support - The company received government subsidies amounting to CNY 5.63 million during the reporting period[6]