万通发展(600246) - 2014 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 89.82% to CNY 11,528,832 from CNY 113,281,783 in the same period last year[9] - Revenue for the period was CNY 184,903,765, representing a 7.60% increase from CNY 171,848,878 year-on-year[9] - The weighted average return on equity decreased by 2.85 percentage points to 0.31%[9] - Total operating revenue for the period was ¥184,903,765, an increase from ¥171,848,878 in the previous period, representing a growth of approximately 7.5%[25] - Net profit for the period was ¥33,068,067, down from ¥120,954,091, indicating a decline of approximately 72.6%[25] - Basic and diluted earnings per share decreased to ¥0.0095 from ¥0.0931, reflecting a significant drop of about 89.8%[26] - Operating profit fell to ¥17,989,866 from ¥113,816,352, a decrease of approximately 84.2%[25] - The total profit for the period was ¥55,062,686, down from ¥126,781,908, a decline of approximately 56.5%[25] Cash Flow - Operating cash flow net amount was CNY -944,960,789, a decrease of 555.65% compared to CNY -144,125,206 in the previous year[9] - Cash flow from operating activities was negative at -¥944,960,789, compared to -¥144,125,206 in the previous period, indicating a worsening cash flow situation[30] - Cash inflow from operating activities totaled 955,887,470.00, significantly up from 481,740,044.00 in the prior period, reflecting a strong increase in cash receipts[33] - Cash outflow from operating activities increased to 1,154,293,740.00 from 591,035,941.00, highlighting higher operational expenditures[33] - The net increase in cash and cash equivalents was -141,437,052.00, contrasting with a positive increase of 626,148,723.00 in the prior period, indicating a cash depletion[35] - The ending balance of cash and cash equivalents stood at 338,288,344.00, down from 931,942,018.00, reflecting a significant decrease in liquidity[35] - The company reported a cash inflow from tax refunds of 955,887,470.00, which was not detailed in the previous period, indicating improved tax recovery efforts[33] Assets and Liabilities - Total assets increased by 1.73% to CNY 12,132,070,753 compared to the end of the previous year[9] - Current assets totaled CNY 9,321,540,895, slightly up from CNY 9,305,256,878, indicating a marginal increase of 0.17%[16] - Non-current assets rose to CNY 2,810,529,858, compared to CNY 2,620,691,006 at the start of the year, reflecting an increase of about 7.25%[17] - Total liabilities amounted to CNY 7,929,527,521, an increase from CNY 7,719,678,190, marking a rise of approximately 2.71%[18] - Current liabilities decreased to CNY 4,750,341,030 from CNY 5,010,030,663, showing a reduction of about 5.19%[18] - Long-term borrowings increased significantly to CNY 1,700,749,150 from CNY 1,247,614,350, representing a growth of approximately 36.25%[18] - Shareholders' equity totaled CNY 4,202,543,232, slightly down from CNY 4,206,269,694, indicating a decrease of about 0.06%[18] Shareholder Information - The number of shareholders totaled 85,037 at the end of the reporting period[12] - The largest shareholder, Wanto Investment Holdings Co., Ltd., holds 51.16% of shares, with 452,500,000 shares pledged[12] Other Financial Metrics - Other receivables increased by 244.96% to CNY 687,345,796 due to land bidding deposits[13] - The company’s financing activities generated a net cash flow of CNY 391,716,595, an increase of 284.17% compared to the previous year[13] - The company reported a significant increase in other receivables, which rose to CNY 687,345,796 from CNY 199,254,753, reflecting a growth of approximately 244.57%[16] - The cash and cash equivalents decreased to CNY 1,560,745,612 from CNY 2,322,380,651, a decline of about 32.76%[16] - The company maintained a stable capital reserve of CNY 986,682,960 throughout the reporting period[18] - The company reported an increase in sales expenses to ¥23,034,513 from ¥19,730,807, an increase of approximately 11.6%[25] - The company recorded other comprehensive income of ¥705,471, compared to a loss of ¥120,335 in the previous period[26]