SID(SH:600748)2018-04-27 16:00Financial Performance - Operating revenue for the first quarter was CNY 1.32 billion, representing a growth of 25.07% year-on-year[7]. - Net profit attributable to shareholders of the listed company was CNY 129.56 million, an increase of 8.57% compared to the same period last year[7]. - The company reported a basic earnings per share of CNY 0.07, reflecting a growth of 16.67% compared to the previous year[7]. - Total operating revenue for Q1 2018 was CNY 1,317,854,544.30, an increase of 25.1% compared to CNY 1,053,697,807.79 in the same period last year[28]. - Net profit for Q1 2018 reached CNY 165,221,631.06, representing a 61.1% increase from CNY 102,480,561.05 in Q1 2017[28]. - The profit attributable to shareholders of the parent company was CNY 131,034,502.21, compared to CNY 117,478,253.92 in the previous year, marking an increase of 11.5%[28]. - The net profit for Q1 2018 was CNY 216,088,095.33, an increase from CNY 207,983,735.31 in the previous year, representing a growth of approximately 4.4%[32]. - The total comprehensive income for Q1 2018 was CNY 216,088,095.33, reflecting a slight increase from CNY 207,983,735.31 in the previous year[32]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -1.16 billion, a significant decline of 1,755.58% year-on-year[7]. - Operating cash flow for Q1 2018 showed a net outflow of CNY -1,156,333,195.00, compared to a smaller outflow of CNY -62,316,677.07 in the same period last year[34]. - The company reported cash inflow from operating activities of CNY 1,799,930,596.23, down from CNY 2,378,873,992.62 in the previous year[34]. - Cash inflow from financing activities in Q1 2018 was CNY 2,058,629,360.00, significantly higher than CNY 1,200,000,000.00 in the previous year[35]. - The company incurred a cash outflow of CNY 1,110,529,517.41 for financing activities, compared to CNY 1,456,549,617.22 in the same period last year[35]. - Investment activities resulted in a net cash outflow of CNY -960,694,475.27, compared to CNY -8,698,520.22 in the same period last year[35]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 39.59 billion, an increase of 0.98% compared to the end of the previous year[7]. - The company’s total assets amounted to RMB 39.587 billion, an increase from RMB 39.202 billion at the beginning of the year[21]. - The company’s total liabilities increased to RMB 27.954 billion from RMB 27.647 billion at the beginning of the year[21]. - Total liabilities were CNY 16,352,712,073.29, down from CNY 18,636,233,038.92 year-over-year[24]. - Long-term borrowings increased to CNY 7,123,000,000.00 from CNY 6,853,500,000.00 year-over-year[24]. - The company reported a total non-current asset value of RMB 5.183 billion, slightly down from RMB 5.203 billion at the beginning of the year[20]. Shareholder Information - The number of shareholders reached 40,665 at the end of the reporting period[11]. - Basic and diluted earnings per share for Q1 2018 were both CNY 0.07, up from CNY 0.06 in the same quarter last year[29]. Business Operations - The company achieved a contract sales amount of RMB 1.544 billion and a contract sales area of 73,500 square meters for the period from January to March[15]. - The company has a total construction area of 2.2458 million square meters with no new land reserves added during the same period[15]. - The company has leased out properties totaling 350,800 square meters, generating rental income of RMB 97 million[15]. - In the East China region, the company reported a contract sales area of 51,808 square meters in Hangzhou and 12,917 square meters in Quanzhou[16]. - The company completed the acquisition of 100% equity in Shanghai Shenda Property Co., Ltd. and Shanghai Chengkai Commercial Property Development Co., Ltd.[14]. - The company acquired a 2% stake in Quanzhou Shangshi Investment Development Co., Ltd. for RMB 18.8 million, increasing its ownership to 51%[16]. Borrowings - Short-term borrowings rose by 66.68% to CNY 2.27 billion as a result of adjustments in the bank borrowing structure[13]. - The company’s short-term borrowings rose significantly from RMB 1.364 billion to RMB 2.273 billion during the reporting period[21].