TJRD(SH:600322)2015-04-29 16:00Financial Performance - Net profit attributable to shareholders decreased by 44.42% to CNY 35.85 million year-on-year[5] - Operating revenue declined by 14.45% to CNY 398.28 million compared to the same period last year[5] - Basic earnings per share dropped by 50.00% to CNY 0.03[5] - Weighted average return on equity decreased by 0.65 percentage points to 0.78%[5] - Total operating revenue for Q1 2015 was CNY 398,277,895.01, a decrease of 14.4% from CNY 465,554,358.18 in the same period last year[29] - Net profit for Q1 2015 was CNY 38,560,791.30, down 39.8% from CNY 64,020,374.36 in Q1 2014[29] - Operating profit for Q1 2015 was CNY 62,240,075.88, down 28.2% from CNY 86,569,186.73 in the previous year[29] - Basic earnings per share for Q1 2015 were CNY 0.03, compared to CNY 0.06 in Q1 2014, indicating a decline of 50%[30] - The company reported a total cost of sales of CNY 330,464,423.09, down 12.9% from CNY 379,290,740.02 in Q1 2014[29] - The financial expenses for Q1 2015 were CNY 29,598,318.42, an increase of 21.5% compared to CNY 24,434,221.07 in the previous year[29] - The company experienced an investment loss of CNY 5,573,396.04 in Q1 2015, compared to a gain of CNY 305,568.57 in the same period last year[29] Assets and Liabilities - Total assets increased by 5.82% to CNY 19.87 billion compared to the end of the previous year[5] - The company's total liabilities amounted to ¥13.89 billion, up from ¥12.84 billion, indicating a rise of about 8.2%[22] - The equity attributable to shareholders of the parent company was ¥4.62 billion, compared to ¥4.59 billion, showing a slight increase of 0.6%[22] - The company's cash and cash equivalents increased to ¥72.84 million from ¥42.89 million, representing a growth of approximately 69.9%[24] - Short-term borrowings rose to ¥1.04 billion from ¥900.55 million, marking an increase of about 15.7%[21] - The company's other receivables surged to ¥4.10 billion from ¥3.30 billion, reflecting a significant increase of approximately 24.0%[24] - The total non-current assets were reported at ¥4.97 billion, slightly down from ¥4.99 billion, indicating a decrease of about 0.3%[24] - The company's long-term borrowings increased to ¥5.89 billion from ¥4.69 billion, which is an increase of approximately 25.7%[22] - The total current liabilities decreased to ¥6.78 billion from ¥6.93 billion, showing a decline of about 2.2%[22] - The company's inventory decreased to ¥434.05 million from ¥514.36 million, reflecting a decline of approximately 15.6%[24] Cash Flow - Net cash flow from operating activities worsened by 98.65%, reaching -CNY 446.80 million[5] - Cash flow from operating activities was CNY 397,257,836.31, an increase from CNY 380,615,511.69 in the same period last year[34] - The net cash flow from operating activities was -1,341,357,688.84 RMB, compared to a positive cash flow of 195,723,769.21 RMB in the previous period[38] - Total cash inflow from financing activities was 1,946,903,039.62 RMB, significantly higher than 298,674,000.00 RMB in the previous period[36] - Cash outflow from operating activities totaled 2,615,264,743.32 RMB, compared to 645,948,584.65 RMB in the previous period[38] - The net cash flow from financing activities was 1,371,312,116.26 RMB, compared to -63,888,053.69 RMB in the previous period[39] - Cash and cash equivalents at the end of the period amounted to 72,844,563.48 RMB, down from 979,268,377.39 RMB in the previous period[39] - The company received 1,500,000,000.00 RMB from borrowings during the financing activities[39] - The total cash inflow from operating activities was 1,273,907,054.48 RMB, compared to 841,672,353.86 RMB in the previous period[38] - The cash outflow for purchasing goods and services was 56,844,572.46 RMB, down from 139,252,609.58 RMB in the previous period[38] - The company reported a cash inflow of 1,650.00 RMB from the disposal of fixed assets, down from 7,370.00 RMB in the previous period[38] - The cash flow from investment activities was -48,012.40 RMB, indicating a decrease in investment returns compared to the previous period[39] Shareholder Information - The total number of shareholders reached 130,244 at the end of the reporting period[11] - The largest shareholder, Tianjin Real Estate Group, holds 25.11% of the shares, amounting to 277,661,690 shares[11] Project Developments - The company has not disclosed any new product developments or market expansion strategies in this report[5] - The Tianfang Meiyu Phase II project has a total investment of 1.187 billion yuan, with a planned construction area of 120,000 square meters, and is currently completed and in the sales phase, achieving a contract sales area of 42,000 square meters and a contract sales amount of 59 million yuan[13] - The Rongbang Building project has an investment of 443 million yuan and is currently in the development phase, with no sales reported yet[13] - The Tianxin Jinyuan project has a total investment of 1.5 billion yuan, with a planned construction area of 164,200 square meters, and is currently completed, achieving a contract sales area of 9,000 square meters and a contract sales amount of 11 million yuan[13] - The Xinke Garden project has an investment of 1.29 billion yuan, with a planned construction area of 142,700 square meters, and is currently completed, achieving a contract sales area of 12,000 square meters and a contract sales amount of 15 million yuan[13] - The company is currently developing multiple residential and commercial projects, with a total planned investment of approximately 3.35 billion yuan across various locations[14] - The Tianjin Bay project has a total investment of 7.929 billion yuan, with multiple phases under construction and sales ongoing, contributing to the company’s revenue growth[15] - The company has a 60% stake in the Meiyu New City project, which is currently under construction and expected to generate significant future revenue[14] - The company is actively expanding its market presence through new project developments and strategic partnerships, aiming for increased market share in the real estate sector[14]