CECL(SH:600675)2017-04-20 16:00Financial Performance - Operating income increased by 41.72% year-on-year, reaching ¥1,653,163,065.65[6] - The net profit attributable to shareholders of the listed company improved significantly, reporting a profit of ¥11,725,043.01 compared to a loss of ¥83,807,368.87 in the previous year[6] - Basic earnings per share improved to ¥0.006 from a loss of ¥0.045 in the previous year[6] - The company's operating revenue for the first quarter of 2017 was RMB 1,653,163,065.65, representing a 41.72% increase compared to RMB 1,166,508,753.04 in the same period last year[12] - The net profit attributable to the parent company was RMB 11,725,043.01, a significant recovery from a loss of RMB 83,807,368.87 in the previous year[13] - Net profit for Q1 2017 reached CNY 42,715,164.59, a significant recovery from a net loss of CNY 80,853,142.39 in Q1 2016[29] - The comprehensive income total for Q1 2017 was CNY 39,455,415.22, recovering from a loss of CNY 179,751,202.81 in the previous year[29] Cash Flow - Net cash flow from operating activities surged by 100.51% compared to the same period last year, totaling ¥953,891,870.75[6] - The company's cash flow from operating activities increased by 100.51% to RMB 953,891,870.75, compared to RMB 475,730,454.33 in the previous year[13] - The net cash flow from operating activities for Q1 2017 was ¥953,891,870.75, an increase of 100.4% compared to ¥475,730,454.33 in the same period last year[34] - Total cash inflow from operating activities was ¥2,674,268,152.19, up from ¥2,290,151,180.00, reflecting a growth of 16.8%[34] - The net cash flow from investing activities was ¥74,316,837.94, down from ¥131,217,546.36 in the previous year[34] - The company experienced a net decrease in cash and cash equivalents of ¥132,503,453.19 during the quarter[34] Assets and Liabilities - Total assets decreased by 3.83% from the end of the previous year, amounting to ¥29,262,220,711.07[6] - The company reported a decrease in total equity attributable to shareholders by 0.26% to ¥3,266,995,177.40[6] - Total current liabilities decreased from CNY 15.86 billion to CNY 14.68 billion, a decline of about 7.43%[21] - The company’s total liabilities due within one year decreased by 65.08% to RMB 495,714,388.90 from RMB 1,419,610,263.01, primarily due to the repayment of trust loans[12] - The company's total liabilities increased to CNY 17,664,440,165.46 from CNY 17,507,225,483.91, reflecting a rise of 0.9%[26] Shareholder Information - The number of shareholders reached 96,402 by the end of the reporting period[9] - The largest shareholder, Shanghai Real Estate (Group) Co., Ltd., holds 36.80% of the shares, totaling 687,138,406 shares[9] Expenses and Taxation - The income tax expense increased by 53.26% to RMB 61,951,534.92 due to a substantial increase in total profit compared to the previous year[13] - The company reported a 69.06% decrease in selling expenses to RMB 6,880,970.87 from RMB 22,238,649.03, indicating a significant reduction in commission and advertising costs[13] Investments - The company signed an agreement to transfer 120,000,000 shares to Shanghai Xieyi Asset Management Co., Ltd., pending approval from the state-owned assets supervision authority[13] - The company reported an investment income of CNY 12,420,652.41, down from CNY 20,128,958.13 in Q1 2016[29]