Financial Performance - Operating revenue increased significantly by 233.23% year-on-year, reaching ¥320,897,987.77[6] - Net profit attributable to shareholders decreased by 52.10%, totaling ¥3,013,651.35[6] - The company reported a significant decrease in net profit after deducting non-recurring gains and losses, down 53.42% to ¥2,930,631.57[6] - Basic earnings per share dropped by 51.80%, amounting to ¥0.0067[6] - Total operating revenue for the current period reached ¥320,897,987.77, a significant increase from ¥96,300,480.86 in the previous period, representing a growth of approximately 233.3%[30] - Net profit for the current period was ¥6,329,851.87, compared to ¥7,553,643.78 in the previous period, reflecting a decrease of approximately 16.2%[31] - The profit attributable to the parent company's shareholders was ¥3,013,651.35, down from ¥6,291,103.46, a decline of about 52.0%[31] - Cash flow from operating activities showed a negative change of 178.82%, resulting in a cash outflow of ¥12,878,645.44[6] Assets and Liabilities - Total assets decreased by 5.64% from the end of the previous year, amounting to ¥5,945,941,296.60[6] - Total liabilities decreased from ¥3,447,904,687.74 to ¥3,086,325,512.31, a decline of about 10.48%[23] - Owner's equity increased slightly from ¥2,853,285,932.42 to ¥2,859,615,784.29, an increase of approximately 0.22%[23] - Current liabilities increased from ¥1,875,598,394.70 to ¥1,484,019,219.27, a decrease of about 20.83%[22] - Non-current liabilities decreased from ¥1,572,306,293.04 to ¥1,602,306,293.04, an increase of approximately 1.56%[23] - The total signed area for real estate contracts decreased by 97.20%[14] Cash Flow - Cash flow from operating activities turned negative at CNY -12,878,645.44, a decline of 178.82%[15] - Total cash inflow from operating activities was ¥194,073,339.86, down from ¥234,794,925.86, a decrease of about 17.3%[39] - Total cash outflow from operating activities increased to ¥206,951,985.30 from ¥218,456,237.15, indicating a rise of approximately 12.8%[39] - The net cash flow from operating activities was -11,827,591.35 RMB, compared to -10,733,719.05 RMB in the previous period, indicating a decline of approximately 10.2%[42] - The total cash and cash equivalents at the end of the period stood at 16,666,678.18 RMB, down from 78,395,171.67 RMB, reflecting a significant decrease of approximately 78.7%[43] Shareholder Information - The total number of shareholders reached 31,533 at the end of the reporting period[11] - The largest shareholder, Beijing Energy Group Co., Ltd., holds 45.26% of the shares, totaling 204,983,645 shares[11] Expenses and Costs - Operating costs surged by 573.74% to CNY 288,113,974.69, attributed to a higher proportion of low-margin products[14] - The company reported a significant reduction in sales expenses by 56.48% to CNY 3,668,263.01 due to decreased promotional investments[14] - The income tax expense dropped by 64.18% to CNY 2,208,473.09, reflecting a decrease in total profit[14] - The company paid 6,467,962.90 RMB in other operating cash outflows, an increase from 5,481,951.83 RMB, reflecting a rise of about 18%[42] Investment Activities - The company plans to transfer 31% equity in Beijing Energy Tianjie Investment Co., Ltd., with a valuation based on an asset assessment of CNY 116,257.21 million[15] - Investment activities resulted in cash outflow of ¥147,178.00 for fixed assets, compared to ¥47,180.00 in the previous period, showing an increase of about 212.5%[39] - The cash inflow from investment activities was 5,901,875.00 RMB, down from 8,276,875.00 RMB, representing a decrease of about 28.5%[42]
京能置业(600791) - 2018 Q1 - 季度财报