Youngor(SH:600177)2017-04-28 16:00Financial Performance - Operating revenue for the reporting period was ¥3.39 billion, a decrease of 38.93% year-on-year [7]. - Net profit attributable to shareholders of the listed company was ¥745.51 million, down 39.46% from the same period last year [7]. - Basic earnings per share decreased by 55.13% to ¥0.49 [7]. - The company reported a net profit of ¥38.37 million from the real estate sector, a decrease of 64.83% year-on-year [7]. - The real estate development segment reported revenue of 2,158.20 million yuan, a decrease of 51.16% year-on-year, with net profit down 63.44% [14]. - Investment business generated investment income of 1,108.29 million yuan, with net profit decreasing by 38.58% year-on-year [15]. - Total operating revenue decreased to ¥3,394,465,162.56 from ¥5,557,913,695.02, representing a decline of approximately 39% year-over-year [35]. - Net profit for the period was ¥1,260,441,266.16, down from ¥2,569,810,132.46, reflecting a decline of approximately 51% year-over-year [35]. - Total profit decreased to ¥1,599,467,785.57 from ¥3,295,372,153.11, a decline of approximately 51% year-over-year [35]. - Operating profit fell by 46.95% to 1,564.05 million yuan, primarily due to cyclical factors affecting the real estate segment [20]. Cash Flow - Cash flow from operating activities dropped significantly by 91.16% to ¥38.98 million, primarily due to increased land payments of ¥922.83 million [7]. - Operating cash inflow for the period was CNY 3,194,471,402.75, an increase of 6.3% from CNY 3,004,880,083.53 in the previous period [43]. - Net cash flow from operating activities decreased to CNY 38,978,926.47, down 91.2% from CNY 440,738,409.72 in the previous period [43]. - Cash inflow from investment activities totaled CNY 1,538,880,080.24, a decrease of 42% compared to CNY 2,649,852,524.69 in the previous period [44]. - Net cash flow from investment activities was CNY -1,070,199,099.71, compared to CNY 1,313,165,700.98 in the previous period [44]. - Cash inflow from financing activities was CNY 5,439,528,959.38, down 11.9% from CNY 6,172,159,334.68 in the previous period [44]. - Net cash flow from financing activities increased to CNY 1,404,766,082.98, up from CNY 255,136,493.75 in the previous period [44]. - The ending balance of cash and cash equivalents was CNY 4,548,077,861.16, compared to CNY 4,343,569,799.68 in the previous period [44]. - Cash and cash equivalents increased by CNY 372,077,974.59 during the period, a significant decrease from CNY 2,006,661,412.11 in the previous period [44]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥64.29 billion, an increase of 0.59% compared to the end of the previous year [6]. - Current liabilities rose to CNY 22.29 billion, up from CNY 21.86 billion, indicating an increase of about 1.97% [26]. - Non-current liabilities decreased slightly to CNY 18.77 billion from CNY 19.16 billion, a decline of approximately 2.03% [27]. - Total liabilities amounted to CNY 41.06 billion, a marginal increase from CNY 41.02 billion, representing a growth of about 0.10% [27]. - Owner's equity increased to CNY 23.23 billion from CNY 22.89 billion, showing a growth of approximately 1.48% [27]. - Total current assets rose to CNY 13.30 billion from CNY 11.31 billion, indicating a significant increase of approximately 17.53% [30]. - Long-term investments increased to CNY 17.12 billion from CNY 16.97 billion, reflecting a growth of about 0.88% [30]. - The company's retained earnings grew to CNY 16.52 billion from CNY 15.25 billion, an increase of approximately 8.34% [27]. - The total liabilities and owner's equity totaled CNY 64.29 billion, consistent with the total assets, indicating a balanced financial position [27]. Shareholder Information - The total number of shareholders at the end of the reporting period was 137,742 [11]. - The largest shareholder, Ningbo Youngor Holding Co., Ltd., held 742.11 million shares, representing 29.01% of the total shares [11]. Strategic Initiatives - The company plans to continue its market expansion and product development strategies in response to the current financial challenges [7]. - The company launched new projects, adding 130,400 square meters of saleable area, with pre-sale revenue of 3,049.65 million yuan, up 68.89% year-on-year [14]. - The company's brand apparel achieved revenue of 1,192.48 million yuan, a year-on-year increase of 14.43% [13]. - The total number of brand members reached 3.03 million, an increase of 168,500 members since the beginning of the year [13].