建发股份(600153) - 2024 Q1 - 季度财报

Financial Performance - Revenue for Q1 2024 was RMB 131.34 billion, a decrease of 21.57% compared to the same period last year[4] - Net profit attributable to shareholders of the listed company was RMB 603.89 million, down 23.94% year-on-year[4] - Total revenue for Q1 2024 was RMB 131.34 billion, a decrease of 21.6% compared to RMB 167.46 billion in Q1 2023[29] - Net profit for Q1 2024 was RMB 411.01 million, a significant decrease of 53.1% compared to RMB 876.02 million in Q1 2023[30] - Basic earnings per share for Q1 2024 were RMB 0.17, down from RMB 0.23 in Q1 2023[34] - Financial expenses for Q1 2024 were RMB 1.02 billion, a significant increase from RMB 279.87 million in Q1 2023[29] - Research and development expenses for Q1 2024 were RMB 50.03 million, up 27.4% from RMB 39.28 million in Q1 2023[29] - The company reported a fair value change loss of RMB 347.98 million in Q1 2024, compared to a gain of RMB 220.85 million in Q1 2023[30] Segment Performance - The supply chain operation segment contributed RMB 12.26 billion in revenue, accounting for the majority of the company's total revenue[8] - The real estate business segment reported a net loss of RMB 1.54 billion, significantly impacting overall profitability[8] - The home furnishing mall operation segment, acquired through the purchase of Red Star Macalline, contributed a net loss of RMB 1.11 billion to the company's consolidated net profit[9] - Excluding the impact of Red Star Macalline, the company's net profit attributable to shareholders would have been RMB 715 million, a decrease of 9.92% year-on-year[9] Assets and Liabilities - Total assets increased by 8.65% to RMB 891.87 billion compared to the end of the previous year[4] - Total liabilities increased by 11.39% to RMB 664.11 billion, reflecting the company's expanded operations and acquisitions[10] - The company's equity attributable to shareholders increased by 2.98% to RMB 71.58 billion, driven by growth in the supply chain operation segment[10] - Total assets increased to 891.87 billion yuan as of March 31, 2024, compared to 820.85 billion yuan at the end of 2023[22][23][25] - Current assets rose to 700.53 billion yuan, up from 629.80 billion yuan at the end of 2023[22][23] - Inventory increased significantly to 431.96 billion yuan from 370.19 billion yuan at the end of 2023[23] - The company's monetary funds stood at 99.99 billion yuan as of March 31, 2024, up from 98.35 billion yuan at the end of 2023[22] - Accounts receivable increased to 24.02 billion yuan from 20.92 billion yuan at the end of 2023[22] - The company's total current liabilities increased to 519.91 billion yuan from 457.05 billion yuan at the end of 2023[25] - Short-term borrowings surged to 55.00 billion yuan from 9.61 billion yuan at the end of 2023[25] - Total liabilities increased to RMB 664.11 billion as of March 31, 2024, up from RMB 596.21 billion at the end of 2023[26] - Long-term borrowings stood at RMB 63.55 billion as of March 31, 2024, slightly up from RMB 63.23 billion at the end of 2023[26] - Total equity increased to RMB 227.76 billion as of March 31, 2024, compared to RMB 224.64 billion at the end of 2023[26] - Total assets and liabilities combined amounted to RMB 891.87 billion as of March 31, 2024, up from RMB 820.85 billion at the end of 2023[27] Cash Flow - The company's real estate business saw a decrease in sales proceeds and an increase in land payment amounts, impacting cash flow from operating activities[14] - Sales of goods and services received cash of 157.62 billion RMB in Q1 2024, a decrease of 35.4% compared to 244.02 billion RMB in Q1 2023[37] - Net cash flow from operating activities was -46.52 billion RMB in Q1 2024, compared to -12.06 billion RMB in Q1 2023[37] - Net cash flow from investing activities was -5.25 billion RMB in Q1 2024, an improvement from -5.98 billion RMB in Q1 2023[38] - Net cash flow from financing activities was 48.58 billion RMB in Q1 2024, a significant increase from 32.61 billion RMB in Q1 2023[38] - Cash and cash equivalents decreased by 3.13 billion RMB in Q1 2024, compared to an increase of 14.49 billion RMB in Q1 2023[38] - Total cash inflows from operating activities were 172.98 billion RMB in Q1 2024, down from 256.24 billion RMB in Q1 2023[37] - Total cash outflows from operating activities were 219.50 billion RMB in Q1 2024, down from 268.29 billion RMB in Q1 2023[37] - Cash received from tax refunds increased to 795.57 million RMB in Q1 2024 from 362.40 million RMB in Q1 2023[37] - Cash received from other operating activities increased to 14.57 billion RMB in Q1 2024 from 11.85 billion RMB in Q1 2023[37] - Cash paid for goods and services decreased to 192.88 billion RMB in Q1 2024 from 245.81 billion RMB in Q1 2023[37] Shareholder Information - The largest shareholder, Xiamen C&D Group, holds 45.16% of the company's shares, with a total of 1,356,687,985 shares[15] - Hong Kong Securities Clearing Company Limited is the second-largest shareholder, holding 4.99% of the shares, totaling 149,873,878 shares[15] - The Basic Pension Insurance Fund 1003 Portfolio holds 2.03% of the shares, with a total of 60,931,242 shares[15] - China Life Insurance Company holds 1.47% of the shares, totaling 44,054,610 shares[15] - The China Merchants Bank SSE Dividend ETF holds 1.14% of the shares, with a total of 34,377,327 shares[15] - The National Social Security Fund 403 Portfolio holds 1.00% of the shares, totaling 30,177,263 shares[15] - The Agricultural Bank of China CSI 500 ETF holds 0.57% of the shares, with a total of 16,977,517 shares[15] - The China Petroleum & Chemical Corporation Enterprise Annuity Plan holds 0.57% of the shares, totaling 16,975,120 shares[15] Other Financial Information - Non-recurring gains and losses amounted to RMB 322,186,508.32, including gains from the disposal of subsidiaries and government subsidies[12] - The company's equity offering plan proposes to issue 3.5 shares for every 10 shares held, aiming to raise up to 4.98 billion yuan[21] - The company's investment property remained stable at 113.09 billion yuan as of March 31, 2024[23] - Fixed assets decreased slightly to 8.18 billion yuan from 8.29 billion yuan at the end of 2023[23]