TJRD(SH:600322)2014-04-30 16:00Financial Performance - Operating revenue for the first quarter was ¥465,554,358.18, representing a significant increase of 52.13% year-on-year[9] - Net profit attributable to shareholders was ¥64,493,642.91, a decrease of 2.75% compared to the same period last year[9] - The company reported a basic earnings per share of ¥0.06, unchanged from the previous year[9] - The net profit after deducting non-recurring gains and losses was ¥64,277,135.82, a substantial increase of 1,162.57% year-on-year[9] - Operating profit for Q1 2014 reached RMB 86,569,186.73, significantly up from RMB 5,200,813.63 in the same period last year[10] - Net profit for Q1 2014 was RMB 64,020,374.36, a slight increase from RMB 63,216,662.74 in Q1 2013[10] - The total profit for Q1 2014 was RMB 86,862,542.11, nearly unchanged from RMB 86,865,032.27 in Q1 2013[10] Cash Flow - Cash flow from operating activities showed a negative net amount of ¥224,921,463.28, worsening by 1,129.95% compared to the previous year[9] - Cash flow from operating activities showed a net outflow of RMB -224,921,463.28 in Q1 2014, compared to RMB -18,287,115.77 in Q1 2013[34] - Operating cash inflow totaled RMB 841,672,353.86, down 42.5% from RMB 1,463,957,553.00 in the previous period[37] - Net cash flow from operating activities was RMB 195,723,769.21, a decrease of 66.8% compared to RMB 589,805,259.96 last period[37] - Cash outflow from operating activities amounted to RMB 645,948,584.65, a reduction of 26.0% from RMB 874,152,293.04 in the prior period[37] - Cash outflow from financing activities was RMB 63,888,053.69, significantly lower than RMB 313,295,198.35 in the last period, indicating a 79.6% decrease[37] Assets and Liabilities - Total assets at the end of the reporting period reached ¥17,757,111,773.35, an increase of 0.87% compared to the end of the previous year[9] - Current assets rose to ¥16,718,445,321.84, up from ¥16,550,177,937.22, indicating an increase of about 1.01%[21] - Total liabilities rose to ¥12,109,259,883.60 from ¥12,020,649,232.99, marking an increase of approximately 0.74%[22] - The company's equity increased to ¥5,647,851,889.75 from ¥5,583,831,515.39, reflecting a growth of about 1.15%[22] Shareholder Information - The number of shareholders at the end of the reporting period was 131,681[12] - The largest shareholder, Tianjin Real Estate Development Group Co., Ltd., holds 25.11% of the shares, totaling 277,661,690 shares[12] Investment and Projects - The company reported a total investment of 33.5 billion CNY for the comprehensive development project in Binhai New Area, covering an area of 3300 acres[14] - The Tianfang Meiyu project has a planned construction area of 11.87 million square meters, with a cumulative sales area of 0.14 million square meters and sales revenue of 0.19 billion CNY during the reporting period[14] - The company achieved a rental income of 134.10 million CNY from its other properties during the reporting period, with a total rental amount of 1349.59 million CNY[16] - The occupancy rate of the Jili Building reached 98% with an average rental price of 2.5 CNY per square meter per day[15] - The company has a total planned construction area of 120 million square meters for public rental housing, with a total of 2.2 million units planned[15] - The Tianjin Bay project has a planned construction area of 79.29 million square meters, with a cumulative sales area of 0.49 million square meters and sales revenue of 1.08 billion CNY[15] - The company has reported a cumulative sales area of 0.65 million square meters for the Meiyu New City project, with sales revenue of 0.50 billion CNY[14] - The company is developing the Tianjin Hai Jing Industrial Company project, which is a joint venture with Beijing Capital Development Co., holding a 50% stake[15] Compliance and Governance - The company has committed to long-term compliance with its competitive commitment, ensuring no conflicts of interest until the controlling shareholder status ceases[17]