格力地产(600185) - 2014 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was ¥461,751,599.62, a decrease of 13.58% year-on-year [12]. - Net profit attributable to shareholders was ¥66,884,279.40, down 24.17% from the same period last year [12]. - Basic earnings per share decreased by 20.00% to ¥0.12 compared to ¥0.15 in the previous year [12]. - The weighted average return on net assets fell by 1.13 percentage points to 2.28% [12]. - Total operating revenue for the current period is ¥461,751,599.62, a decrease of 13.6% from ¥534,315,839.97 in the previous period [28]. - Operating profit for the current period is ¥81,915,931.77, a decline of 32.8% compared to ¥121,891,786.84 in the previous period [28]. - Net profit for the current period is ¥66,470,255.51, down 24.2% from ¥87,764,461.70 in the previous period [28]. - Comprehensive income total for the current period is -¥53,941,011.81, compared to ¥167,091,197.89 in the previous period [28]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥314,526,681.62, compared to a net inflow of ¥17,824,211.54 in the previous year [12]. - Cash flow from operating activities shows a net outflow of -¥314,526,681.62, contrasting with a net inflow of ¥17,824,211.54 in the previous period [34]. - Total cash outflow from operating activities was CNY 170,575,472.96, significantly higher than CNY 3,700,312.12 in the previous period [37]. - Net cash flow from operating activities was negative CNY 121,334,349.01, compared to negative CNY 3,447,782.13 in the previous period [37]. - Cash paid to employees was CNY 4,136,159.36, compared to CNY 1,616,162.20 in the previous period [37]. - Cash paid for taxes was CNY 5,022,169.71, up from CNY 1,361,137.13 in the previous period [37]. - Cash paid for other operating activities was CNY 127,495,182.98, compared to CNY 723,012.79 in the previous period [37]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥15,825,617,723.82, an increase of 0.98% compared to the end of the previous year [11]. - The total liabilities increased to CNY 12.88 billion from CNY 12.67 billion, representing a rise of about 1.66% [23]. - Current assets totaled CNY 14.17 billion, up from CNY 13.86 billion, indicating an increase of approximately 2.23% [22]. - The company's cash and cash equivalents decreased to CNY 1.29 billion from CNY 1.43 billion, a decline of about 9.39% [22]. - The inventory balance rose to CNY 12.72 billion, compared to CNY 12.28 billion at the beginning of the year, marking an increase of approximately 3.59% [22]. - The total current liabilities amounted to CNY 7.93 billion, up from CNY 7.85 billion, indicating an increase of approximately 1.02% [23]. - The total equity attributable to shareholders decreased to CNY 2.91 billion from CNY 2.96 billion, a decline of about 2.24% [23]. Shareholder Information - The total number of shareholders reached 25,596 at the end of the reporting period [15]. - The largest shareholder, Zhuhai Gree Group Co., Ltd., holds 51.94% of the shares, totaling 300,000,000 shares [15]. - The controlling shareholder intends to transfer 51.94% of the company's shares to a newly established wholly-owned company [20]. Other Financial Metrics - Cash flow from financing activities decreased by 80.90% to ¥181,722,048.34 due to reduced bank borrowings [19]. - The company reported a decrease in employee compensation payable from CNY 25.99 million to CNY 3.88 million, a significant reduction of approximately 85.09% [23]. - Long-term borrowings increased to CNY 4.46 billion from CNY 4.29 billion, reflecting a growth of about 3.93% [23]. - The company incurred financial expenses of ¥466,813.55, significantly reduced from ¥7,933,039.57 in the previous period [28]. - The company reported a significant increase in sales expenses to ¥13,808,478.20 from ¥34,310,727.53 in the previous period [28]. - Operating income increased by 269.19% to ¥567,138.66 due to increased penalties collected [19]. - The company reported no significant new product launches or technological developments during the quarter [14].