SID(SH:600748)2015-04-28 16:00Financial Performance - Operating revenue increased by 56.14% to CNY 401.73 million, attributed to increased real estate sales revenue[11] - Net profit attributable to shareholders decreased by 87.02% to CNY 83.01 million compared to the same period last year[6] - Basic earnings per share dropped by 86.44% to CNY 0.08 per share[6] - Total operating revenue for Q1 2015 was CNY 401,733,264.64, an increase from CNY 257,290,806.99 in the same period last year, representing a growth of approximately 56%[24] - Net profit for Q1 2015 was CNY 78,314,637.55, a decrease from CNY 648,567,816.25 in Q1 2014, reflecting a decline of approximately 88%[24] - The total profit for Q1 2015 was CNY 260,574,103.91, compared to CNY 848,800,767.58 in the previous year, indicating a decline of about 69%[28] - The net profit attributable to the parent company for Q1 2015 was CNY 83,012,892.18, a decrease from CNY 639,532,501.63 in the previous period[25] - The company’s diluted earnings per share for Q1 2015 was CNY 0.08, down from CNY 0.59 in the previous year[25] - The company’s total comprehensive income for Q1 2015 was CNY 78,314,637.55, compared to CNY 648,567,816.25 in the previous year, reflecting a significant decline[25] Assets and Liabilities - Total assets decreased by 2.12% to CNY 18.35 billion compared to the end of the previous year[6] - Total assets as of March 31, 2015, amounted to CNY 14,337,098,438.34, down from CNY 15,415,343,655.64 at the beginning of the year, a reduction of about 7%[19][21] - Total liabilities decreased to CNY 10,231,301,420.44 from CNY 11,570,135,282.69, representing a decline of approximately 12%[20][21] - Shareholders' equity increased to CNY 4,105,797,017.90 from CNY 3,845,208,372.95, showing an increase of about 7%[20][21] - The company's cash and cash equivalents decreased to CNY 3.96 billion from CNY 4.11 billion at the beginning of the year[16] - Cash and cash equivalents at the end of Q1 2015 stood at CNY 3,859,653,376.09, a decrease from CNY 5,690,057,085.34 at the end of the previous year[32] - The company's cash and cash equivalents decreased to CNY 338,697,876.66 from CNY 2,419,028,678.68, a decline of about 86%[19] Cash Flow - Cash flow from operating activities showed a loss of CNY 986.78 million, a decrease of 1.63% year-on-year[6] - The net cash flow from operating activities for Q1 2015 was negative at CNY -986,782,704.92, slightly worse than the previous year's negative cash flow of CNY -970,988,719.83[32] - Operating cash flow net amount for the first quarter was -424,195,682.48 RMB, a significant decrease from -17,065,619.97 RMB in the previous period, indicating a decline in operational efficiency[33] - Total cash inflow from operating activities was 17,835,469.21 RMB, a decrease from 51,806,672.30 RMB, highlighting a decline in sales and service revenue[33] - Cash outflow for purchasing goods and services was 3,319,504.50 RMB, up from 1,243,889.29 RMB, indicating increased operational costs[33] - The company reported a significant cash outflow of 421,229,034.62 RMB related to other operating activities, compared to 54,412,160.70 RMB in the previous period, suggesting potential inefficiencies[33] Investment and Financing Activities - Investment income fell by 77.92% to CNY 148.36 million due to fewer equity transfer gains compared to the previous year[11] - The company successfully issued bonds with a total scale of RMB 1 billion at a final coupon rate of 4.92%[12] - The company plans to apply for the registration of medium-term notes not exceeding RMB 2 billion[12] - Investment activities resulted in a net cash outflow of CNY -442,743,084.37 for Q1 2015, contrasting with a net inflow of CNY 466,198,318.05 in the same period last year[32] - Cash inflow from financing activities totaled 1,650,590,000.00 RMB, an increase from 1,388,021,276.15 RMB, showing improved access to financing[34] - Cash outflow from financing activities was 2,865,208,302.00 RMB, down from 4,967,732,833.35 RMB, suggesting a reduction in debt repayments and dividend distributions[34] Shareholder Information - The number of shareholders reached 47,684 at the end of the reporting period[10] Legal Matters - The company is involved in ongoing litigation regarding compensation claims amounting to RMB 27,078,845.50 related to a previous equity transfer[12]