Jiangsu wuzhong(600200)2015-04-28 16:00Financial Performance - Operating revenue rose by 13.20% to CNY 772,329,804.24 year-on-year[6] - Net profit attributable to shareholders decreased by 379.14% to CNY -8,217,415.97 compared to the same period last year[6] - Basic earnings per share decreased by 550.00% to CNY -0.009[6] - Diluted earnings per share also decreased by 550.00% to CNY -0.009[6] - The net profit attributable to the parent company decreased by 632.11% to -5,449,145.84 from 1,024,058.67, primarily due to increased selling expenses and asset impairment provisions[13] - The company reported a net profit margin improvement, with net profit figures to be detailed in subsequent reports[34] - The total profit for Q1 2015 reached CNY 20,264,409.79, up from CNY 11,680,631.41 in the previous year, marking an increase of approximately 73.8%[36] - The company's basic and diluted earnings per share for Q1 2015 were both CNY -0.009, compared to CNY 0.002 in the same period last year[36] Cash Flow - Cash flow from operating activities improved by 27.01%, reaching CNY -149,715,076.83[6] - The cash flow from operating activities showed a net outflow of CNY -149,715,076.83, an improvement from CNY -205,126,396.49 in the previous year[43] - The company reported a cash inflow from operating activities of CNY 782,093,456.25, compared to CNY 696,619,555.55 in the previous year, reflecting an increase of about 12.3%[43] - The company reported a net cash flow from financing activities of CNY 248,981,137.71, a significant increase from CNY 17,319,586.74 in the previous period, reflecting improved financing operations[44] - The company experienced a net increase in cash and cash equivalents of CNY 87,150,849.98, contrasting with a decrease of CNY -219,443,994.67 in the previous year, indicating improved liquidity[44] - The cash flow from operating activities showed a total inflow of CNY 150,105,854.36, up from CNY 124,124,547.44 in the previous year, reflecting increased sales and service revenue[46] Assets and Liabilities - Total assets increased by 2.86% to CNY 4,133,928,125.12 compared to the end of the previous year[6] - Financial assets measured at fair value decreased by 45.48% to 1,007,397.82 from 1,847,803.55 due to the sale of part of the fund products[12] - Other receivables increased by 42.26% to 314,662,015.64 from 221,186,163.51, attributed to increased transactions related to a government housing project[12] - Long-term borrowings rose by 43.82% to 489,000,000.00 from 340,000,000.00, reflecting increased borrowing for real estate projects[12] - Total liabilities increased to CNY 2,985,879,227.01 from CNY 2,880,257,297.36, marking a growth of 3.7%[28] - Shareholders' equity totaled CNY 1,148,048,898.11, up from CNY 1,138,628,083.01, indicating a growth of 0.4%[28] Shareholder Information - The number of shareholders reached 54,162 at the end of the reporting period[10] - The largest shareholder, Suzhou Wuzhong Investment Holding Co., Ltd., holds 19.53% of the shares[10] Corporate Governance and Strategy - The company has implemented a restricted stock incentive plan to enhance corporate governance and promote sustainable development[14] - A non-public issuance of A-shares is in progress to expand core business and improve R&D capabilities, with the plan submitted for regulatory review[15] - The company has committed to extending the lock-up period for 101,610,762 shares of limited sale condition stock by an additional two years, now set to expire on December 28, 2016[23] - The company maintains a commitment to avoid engaging in related transactions with Jiangsu Wuzhong Industrial Co., Ltd., ensuring compliance with market pricing principles[23] - The company has a commitment to uphold corporate governance standards in accordance with laws and regulations, ensuring independence from its largest shareholder[23] Project Developments - The company is actively expanding its market presence through new developments and strategic investments in various projects[20] - The total developable area for the Su Yuan Hua project is 45,000 square meters with a planned investment of 93.38 million yuan[20] - The Sunshine Huacheng Phase IV project has a total saleable area of 15,690.79 square meters and has completed sales of 15,515.48 square meters, with a total investment of 31.56 million yuan[20] - The total saleable area for the Sunshine Huacheng commercial project is 3,616.30 square meters, with completed sales of 3,455.88 square meters and an investment of 7.20 million yuan[20] - The total area for the Family Tianxia Phase I project is 131,316 square meters, with a total investment of 56 million yuan, currently under development[20] - The total area for the Lanfeng Villa Phase I project is 90,000 square meters, with a total investment of 60 million yuan, completed[21] - The total area for the Lanfeng Villa Phase II project is 90,014.80 square meters, with a total investment of 30 million yuan, completed[21] - The total area for the Hongxi (Zhongwu Huguan Project) is 58,749.20 square meters, with a total investment of 91.30 million yuan, Phase I completed and Phase II under construction[21] - The cumulative sales area for the projects listed is 940,495.29 square meters, with a total investment of 641.95 million yuan[21] - The company has completed sales of 16,326.38 square meters in the current period, reflecting a strong market demand[21]