YMRD(SH:600239)2016-04-25 16:00Financial Performance - Operating revenue surged by 1,345.24% to CNY 1,957,107,720.84 from CNY 135,417,190.02 in the same period last year[6] - Net profit attributable to shareholders was a loss of CNY 143,057,851.78, compared to a loss of CNY 53,529,872.49 in the previous year[6] - The net loss for Q1 2016 was CNY 174,337,453.81, compared to a net loss of CNY 72,575,869.23 in Q1 2015, reflecting a deterioration in performance[31] - The total comprehensive loss for Q1 2016 was CNY -174,337,453.82, compared to CNY -72,575,869.23 in Q1 2015, reflecting a significant increase in overall losses[32] - Basic and diluted earnings per share for Q1 2016 were both CNY -0.13, compared to CNY -0.05 in Q1 2015, showing a decline in profitability per share[32] Cash Flow and Liquidity - Cash flow from operating activities improved by 56.61%, reaching a net outflow of CNY 660,516,886.84, compared to CNY 1,522,103,937.89 in the same period last year[12] - The net cash flow from operating activities was -660,516,886.84 RMB, a decrease from -1,522,103,937.89 RMB in the previous period, indicating improved operational cash flow[39] - Total cash inflow from financing activities was 4,804,990,000.00 RMB, significantly higher than 1,617,000,000.00 RMB in the prior period, reflecting strong financing efforts[40] - Cash and cash equivalents rose significantly to ¥5.16 billion from ¥3.46 billion, marking an increase of about 49.1%[22] - The company raised 3,689,990,000.00 RMB through borrowings, a significant increase from 475,200,000.00 RMB, highlighting aggressive financing strategies[42] Assets and Liabilities - Total assets increased by 7.40% to CNY 48,535,112,259.43 compared to the end of the previous year[6] - Total liabilities increased to ¥43.12 billion from ¥39.61 billion, representing a rise of about 8.5%[24] - The company's equity attributable to shareholders decreased to ¥4.16 billion from ¥4.30 billion, a decline of about 3.2%[24] - The company's total liabilities reached CNY 19,798,868,531.68 in Q1 2016, up from CNY 16,410,527,459.26 in the previous year, marking an increase of approximately 14.5%[28] Inventory and Receivables - The company’s inventory increased by 8.13% to CNY 33,950,532,515.91 due to construction investments and new acquisitions[12] - Other receivables surged to ¥11.39 billion from ¥9.18 billion, an increase of about 24.0%[27] Shareholder Information - The number of shareholders reached 69,299, with the largest shareholder holding 34.87% of the shares[10] - The company has committed to avoiding any form of competition with its controlling shareholder's businesses to protect shareholder interests[15] Operational Metrics - In Q1 2016, the company achieved a new signed area of 144,748 square meters for residential properties, representing a year-on-year increase of 534%[13] - The total signed amount for residential properties in Q1 2016 was 94,497,000 RMB, reflecting a year-on-year growth of 326%[13] - The total signed area across all property types in Q1 2016 was 152,031 square meters, with a total signed amount of 98,301,000 RMB[13] Financial Commitments and Governance - The company plans to ensure independence in personnel, assets, business, and finance following the completion of acquisitions[15] - The company has made commitments to avoid related party transactions unless necessary, ensuring fair market pricing[17] - There are no warnings regarding potential losses or significant changes in net profit compared to the previous year[19]