LJZ(SH:600663)2015-04-29 16:00Financial Performance - Operating revenue for the first quarter was ¥1,180,856,431.06, representing a significant increase of 55.41% year-on-year[6] - Net profit attributable to shareholders was ¥299,670,527.20, reflecting a year-on-year growth of 31.64%[6] - Basic and diluted earnings per share were both ¥0.1618, an increase of 13.11% compared to the same period last year[6] - The company's operating revenue for Q1 2015 was ¥1,180,856,431.06, representing a 55.41% increase compared to ¥759,856,842.34 in the previous year, driven by increased property sales[14] - The net profit attributable to shareholders was ¥299,670,527.20, up 31.64% from ¥227,643,490.00, despite a decrease in non-recurring gains[14] - Net profit for Q1 2015 reached CNY 337,839,912.41, representing a 15.0% increase from CNY 293,836,333.38 in Q1 2014[27] - Basic earnings per share for Q1 2015 were CNY 0.1618, compared to CNY 0.1430 in the same period last year, reflecting a growth of 12.3%[27] Cash Flow - The company reported a net cash flow from operating activities of -¥561,603,191.91, an improvement from -¥1,462,830,536.06 in the previous year[6] - The net cash flow from operating activities improved to -¥561,603,191.91, a 61.61% reduction in losses compared to -¥1,462,830,536.06 in the previous year[15] - Cash inflow from operating activities totaled 1,423,495,072.90 RMB, while cash outflow was 1,985,098,264.81 RMB, resulting in a net cash flow deficit[32] - The net cash flow from investing activities was ¥925,098,849.32, a 141.45% increase from -¥2,231,811,718.93, reflecting a lack of significant acquisition payments this quarter[15] - The net cash flow from investing activities was 925,098,849.32 RMB, a significant recovery from -2,231,811,718.93 RMB in the previous period, driven by increased cash recovered from investments[32] - The net cash flow from financing activities was -420,451,890.74 RMB, compared to a positive inflow of 2,274,129,717.14 RMB in the previous period, reflecting a shift in financing strategy[33] Assets and Liabilities - Total assets at the end of the reporting period reached ¥45,873,494,838.03, an increase of 0.55% compared to the previous year[6] - The company's total assets as of March 31, 2015, amounted to CNY 37,345,952,113.89, compared to CNY 36,284,770,915.79 at the beginning of the year[24] - The company reported a total liability of ¥29,650,875,372.95, down from ¥30,377,094,852.06 at the start of the year[22] - Total liabilities increased to CNY 26,645,947,949.35 in Q1 2015 from CNY 26,430,229,015.00 at the start of the year[24] - The company's equity attributable to shareholders rose to CNY 10,700,004,164.54, up from CNY 9,854,541,900.79 at the beginning of the year[24] Shareholder Information - The total number of shareholders reached 116,134 at the end of the reporting period[11] - The largest shareholder, Shanghai Lujiazui (Group) Co., Ltd., held 56.65% of the shares, with 292,825,362 shares pledged[11] Other Comprehensive Income - Other comprehensive income increased significantly to ¥652,968,391.21, up 5550.08% due to changes in available-for-sale financial assets[13] - The company reported a significant increase in other comprehensive income, totaling CNY 641,127,781.80 for Q1 2015, compared to a loss of CNY 29,256,839.31 in Q1 2014[27] Government Subsidies and Non-Operating Income - The company received government subsidies amounting to ¥26,000, primarily related to its subsidiaries[9] - Non-operating income and expenses totaled ¥2,515,408.04, including penalties and personal income tax handling fees[9] Investment and Development Costs - The company is committed to compensating for any future increases in land development costs exceeding the pre-estimated amount of ¥400,546,451.63 related to the acquisition of a 50% stake in Shanghai Fudu World Development Co., Ltd.[16] - The company has a projected cumulative net profit for the year that is not expected to incur significant losses compared to the previous year[16] Rental Information - The average rental rate for prime office properties was ¥7.20 per square meter per day, with a rental occupancy rate of 98%[17] Cash and Cash Equivalents - The company’s cash and cash equivalents increased to CNY 2,054,266,066.22 from CNY 994,385,203.88 at the start of the year, indicating improved liquidity[24] - The ending balance of cash and cash equivalents was 2,725,511,531.17 RMB, down from 3,141,149,767.61 RMB in the previous period[33] - The company reported a significant increase in cash received from investment recoveries, totaling 1,080,000,000.00 RMB in the current period[34] - The company’s total cash and cash equivalents increased by 1,059,880,862.34 RMB during the period, contrasting with a decrease in the previous period[34]