BCDC(SH:600376)2015-04-22 16:00Financial Performance - Operating revenue for the period reached CNY 3.77 billion, a significant increase of 46.86% year-on-year[6] - Net profit attributable to shareholders of the listed company was CNY 604.40 million, up 89.13% from the same period last year[6] - Basic earnings per share rose to CNY 0.2734, reflecting an increase of 88.94% compared to the previous year[6] - Operating profit increased by 61.02% to CNY 899.15 million, as revenue growth outpaced cost increases[14] - Net profit attributable to shareholders rose by 88.88% to CNY 612.95 million, reflecting an increase in total profit[15] - Total revenue for Q1 2015 reached ¥3,772,862,283.58, an increase of 47.0% compared to ¥2,569,093,319.67 in the same period last year[31] - Total operating revenue for Q1 2015 was CNY 59,692,450.36, up from CNY 26,480,172.33 in the previous year, representing a growth of approximately 125.0%[35] - Total comprehensive income for Q1 2015 was CNY 670,312,364.37, compared to CNY 414,065,187.78 in the previous year, showing an increase of about 61.9%[33] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -2.29 billion, a decline of 320.28% year-on-year[6] - Cash flow from financing activities surged by 409.22% to CNY 2.69 billion, due to new loans[15] - The net cash flow from operating activities was -2,285,143,283.79 RMB, compared to -543,717,581.59 RMB in the previous period, indicating a significant decline in operational cash flow[39] - Total cash inflow from operating activities was 5,457,282,561.52 RMB, while cash outflow was 7,742,425,845.31 RMB, resulting in a net cash flow deficit[39] - Cash inflow from financing activities increased to 13,192,300,000.00 RMB, up from 7,063,400,000.00 RMB in the previous period, reflecting stronger financing efforts[40] - The net cash flow from financing activities was 2,692,674,774.58 RMB, compared to 528,779,602.38 RMB previously, showing improved financial management[40] - The company reported a significant increase in cash received from other operating activities, amounting to 21,602,952,328.29 RMB, compared to 7,942,683,841.08 RMB previously[41] - Cash paid for purchasing goods and services decreased to 3,088,599,918.54 RMB from 3,928,270,232.89 RMB, indicating cost control measures[39] Assets and Liabilities - Total assets increased by 3.31% to CNY 100.85 billion compared to the end of the previous year[6] - The company’s total current assets reached approximately 91.80 billion RMB, up from 88.58 billion RMB at the beginning of the year, indicating an increase of about 2.5%[24] - Current liabilities decreased to ¥56,429,187,512.24 from ¥61,218,487,147.16, a reduction of 7.0%[26] - Non-current liabilities rose to ¥27,618,405,288.71 from ¥20,264,302,411.10, an increase of 36.5%[26] - Owner's equity increased to ¥16,801,407,394.96 from ¥16,131,095,030.59, a growth of 4.1%[26] - Short-term loans increased by 52.34% to CNY 4.11 billion, reflecting a rise in short-term financing[14] - The company reported a 25.90% decrease in current liabilities due to repayment of short-term loans[14] Shareholder Information - The total number of shareholders at the end of the reporting period was 82,555[12] - The largest shareholder, Beijing Capital Development Holdings (Group) Co., Ltd., holds 50.95% of the shares[12] Investment and Development - The company reported non-recurring gains of CNY 10.37 million from various sources[9] - The company has not disclosed any new product developments or market expansion strategies in this report[5] - The company is in discussions regarding tax adjustments related to past development projects amounting to CNY 858 million[18] - The company has committed to not adding new real estate development projects during the period of control by its major shareholder, ensuring compliance with regulatory requirements[20] - The company plans to dispose of its equity in certain subsidiaries by December 31, 2015, as part of its strategic restructuring[21] Rental Income - The rental income from office buildings was approximately 2.45 billion RMB, with an average rent of 239.82 RMB per square meter, achieving a rental rate of 94%[19] - The company’s rental rate for retail shops was 81%, generating a rental income of approximately 1.64 billion RMB[19] - The company’s hotel and leisure properties achieved a 100% rental rate, with rental income of approximately 4.54 billion RMB[19] - The company’s total rental area available was 41.27 million square meters, with an overall rental rate of 94%[19] Inventory and Investment Performance - Inventory increased to ¥13,040,217,949.32 from ¥12,447,842,125.71, reflecting a growth of 4.8%[29] - Investment income decreased by 128.46% to a loss of CNY 29.22 million, due to lower operational efficiency of joint ventures[14] - Investment income for Q1 2015 was CNY -3,420,596.36, a decline from CNY 767,724.12 in the previous year, reflecting a negative trend in investment performance[35]