格力地产(600185) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue for the current period was ¥1,002,561,498.24, a significant increase of 3,620.70% year-on-year[8]. - Net profit attributable to shareholders decreased by 80.68% to ¥154,997,942.99 compared to the same period last year[8]. - Basic earnings per share fell by 80.58% to ¥0.27, primarily due to investment income from the disposal of available-for-sale financial assets in the previous year[8]. - Operating costs rose to ¥662,230,795.78, reflecting a 3,786.22% increase from ¥17,040,492.23, also attributed to the increase in property handover revenue[16]. - The net profit attributable to shareholders for Q1 2016 was ¥154,997,942.99, a decrease of 80.69% from ¥802,092,930.76 in the previous year, mainly due to last year's gains from the disposal of available-for-sale financial assets[17]. - Operating profit for the first quarter was ¥198,350,447.36, compared to ¥1,053,799,777.42 in the previous year, indicating a decrease of about 81.2%[27]. - Net profit for the first quarter was ¥154,682,985.34, down from ¥802,033,657.94 year-over-year, reflecting a decline of approximately 80.7%[27]. - The company reported a total comprehensive income of ¥149,942,809.39, compared to ¥47,802,245.71 in the previous year, showing an increase of approximately 224.5%[27]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥20,940,259,809.45, an increase of 1.59% compared to the end of the previous year[8]. - The total assets as of March 31, 2016, amounted to ¥20,940,259,809.45, compared to ¥20,612,641,815.72 at the beginning of the year[22]. - The company's total liabilities were ¥16,828,556,288.98, slightly up from ¥16,650,883,204.77 at the start of the year[22]. - Current liabilities decreased to ¥115,021,954.09 from ¥133,918,102.58, a reduction of about 14.2%[25]. - Total liabilities stood at ¥1,439,098,922.98, down from ¥1,444,634,871.51, indicating a decrease of approximately 0.4%[25]. - The company's total equity increased to ¥5,023,623,848.97 from ¥5,010,859,054.40, reflecting a growth of about 0.3%[25]. Cash Flow - Cash flow from operating activities showed a net inflow of ¥467,519,506.33, a recovery from a net outflow of ¥2,799,488,460.54 in the previous year[8]. - The net cash flow from operating activities was ¥467,519,506.33, a significant improvement from a negative cash flow of ¥2,799,488,460.54 in the same period last year, driven by increased sales collections[16]. - Cash inflow from operating activities totaled ¥1,252,377,755.85, while cash outflow was ¥784,858,249.52, resulting in a net cash flow of ¥467,519,506.33[32]. - The cash outflow for purchasing goods and services decreased significantly to ¥563,923,087.86 from ¥2,967,440,932.92 in the previous period[32]. - The net increase in cash and cash equivalents for the current period was -¥85,884,999.05, compared to -¥825,535,620.31 in the previous period, indicating a reduced cash burn[32]. Shareholder Information - The number of shareholders reached 29,508 at the end of the reporting period[13]. - Basic earnings per share for the first quarter were ¥0.27, compared to ¥1.39 in the same period last year, a decline of approximately 80.6%[27]. Future Plans and Approvals - The company plans to increase its registered capital in its wholly-owned subsidiary, Gree Real Estate (Hong Kong) Co., Ltd., by HKD 90 million, raising the total to HKD 100 million[16]. - The company has received approval from the China Securities Regulatory Commission for a non-public offering of shares[16].