云南城投(600239) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue increased by 100.37% to CNY 2.33 billion compared to the same period last year[7]. - Net profit attributable to shareholders was a loss of CNY 49.88 million, an improvement of 56.57% compared to the same period last year[7]. - Basic earnings per share improved by 56.57% to a loss of CNY 0.03 per share compared to the same period last year[7]. - The operating profit for Q1 2018 was reported at CNY -211,316,993.88, compared to CNY -138,484,103.21 in the same period last year, indicating a decline in profitability[33]. - The net profit for Q1 2018 was CNY -167,350,223.45, worsening from CNY -106,149,853.89 in the previous year, reflecting a year-over-year increase in net loss of approximately 57.6%[33]. - The total profit for Q1 2018 was CNY -213,698,451.99, compared to CNY -138,507,710.79 in the same period last year, showing a significant increase in losses[33]. - The company reported an investment loss of CNY -22,720,615.06 for Q1 2018, compared to a loss of CNY -9,008,752.82 in the previous year, indicating a deterioration in investment performance[32]. - The company reported a total comprehensive income of CNY -167,350,223.45 for Q1 2018, worsening from CNY -106,149,853.89 in the same period last year[33]. Assets and Liabilities - Total assets decreased by 0.50% to CNY 78.41 billion compared to the end of the previous year[7]. - Total liabilities reached CNY 41,384,255,854.70, representing an increase of 10.4% from CNY 37,442,052,447.29[27]. - Total equity decreased to CNY 3,857,909,777.12 from CNY 4,025,260,000.57, a decline of 4.2%[27]. - Cash and cash equivalents decreased significantly to CNY 889,203,312.69 from CNY 2,650,644,745.73, a drop of 66.5%[25]. - Current assets totaled CNY 34,802,335,641.18, an increase of 11.5% from CNY 31,237,248,809.02 at the beginning of the year[26]. - Non-current assets amounted to CNY 10,439,829,990.64, up from CNY 10,230,063,638.84, indicating a growth of 2.0%[26]. - Long-term borrowings increased to CNY 11,422,691,642.27 from CNY 10,690,037,673.04, reflecting a growth of 6.8%[27]. - Other receivables surged to CNY 32,862,534,656.83, up from CNY 27,085,996,342.62, marking an increase of 21.4%[26]. Cash Flow - Net cash flow from operating activities was negative at CNY 1.91 billion, a decline of 412.56% compared to the same period last year[7]. - The cash flow from operating activities for Q1 2018 was CNY 1,972,361,473.01, an increase from CNY 1,712,516,555.62 in the previous period, reflecting a growth of approximately 15.2%[35]. - The net cash flow from operating activities was -1,908,996,788.19 RMB, compared to -372,440,220.99 RMB in the previous period, indicating a significant decline in operational cash flow[36]. - Total cash inflow from financing activities was 5,864,988,538.09 RMB, up from 3,470,640,000.00 RMB in the previous period, reflecting increased borrowing and investment receipts[37]. - The net cash flow from investing activities was -708,533,184.76 RMB, compared to -671,463,861.10 RMB in the previous period, showing continued investment despite cash outflows[41]. - The total cash and cash equivalents at the end of the period were 848,902,978.83 RMB, down from 1,718,157,067.09 RMB in the previous period, indicating a decrease in liquidity[41]. - The net increase in cash and cash equivalents was -1,060,256,092.33 RMB, compared to -238,564,236.12 RMB in the previous period, highlighting ongoing cash management challenges[37]. Shareholder Information - The total number of shareholders was 53,391 at the end of the reporting period[12]. - The largest shareholder, Yunnan Urban Construction Investment Group Co., Ltd., held 34.87% of the shares[12]. Investments and Subsidiaries - The company signed a share transfer agreement to acquire 46% of the equity in Dongfang Global International Exhibition Co., Ltd. for CNY 460,000, which will become a subsidiary[15]. - The company established wholly-owned subsidiaries in Shanghai and Shenzhen with an investment of CNY 200 million each to manage future projects in East and South China[16]. Revenue and Expenses - The company's sales expenses increased by 52.80% to CNY 85,315,869.14, attributed to an increase in the scope of consolidation[13]. - Total operating costs for Q1 2018 were CNY 2,351,214,502.20, up from CNY 1,318,411,421.61, reflecting a year-over-year increase of 78.2%[28]. - Financial expenses for Q1 2018 amounted to CNY 216,289,966.09, up from CNY 161,730,651.63 in the previous period, indicating a rise of about 33.7%[32]. - The company's financial expenses rose by 62.54% to CNY 498,087,776.62, primarily due to an increase in loan interest payable[13]. Real Estate Activity - The total area signed for residential properties in Q1 2018 was 39,378 square meters, a decrease of 51.6% year-on-year, while commercial properties increased by 86.3% to 9,289 square meters[14]. - The company reported a significant increase in the area of new construction, with a total of 62,017.45 square meters, reflecting a 100% year-on-year growth[14]. - The rental income for the first quarter was CNY 13,269.86 million, with an overall rental rate of 85.00% across all properties[15].