2016-04-26 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 183.92 million, representing an increase of 81.34% year-on-year[7]. - Operating revenue for the period was CNY 2.58 billion, up 104.49% compared to the same period last year[7]. - The net cash flow from operating activities was CNY 131.19 million, a significant improvement from a negative CNY 702.80 million in the same period last year, marking an increase of 118.67%[7]. - Basic earnings per share rose to CNY 0.05, an increase of 66.67% compared to CNY 0.03 in the previous year[7]. - The company reported a total profit of CNY 253,211,899, an increase of 69.9% from CNY 148,993,085 in the previous period[33]. - Operating profit increased to CNY 245,911,489, up 69.7% from CNY 144,937,808 year-over-year[33]. - The company reported a total operating income of 2.58 billion yuan in Q1 2016, a 104.49% increase compared to 1.26 billion yuan in Q1 2015, primarily due to increased settlement area in the development property segment[15]. - The company’s cash flow from operating activities in Q1 2016 was 131.19 million yuan, a significant improvement compared to a negative cash flow of 702.80 million yuan in Q1 2015, reflecting increased operating income[16]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 47.76 billion, an increase of 0.73% compared to the end of the previous year[7]. - Current assets totaled ¥39,716,935,489, up from ¥39,314,335,030, indicating an increase of 1.02%[24]. - Total liabilities amounted to ¥35,704,318,609, compared to ¥35,544,240,785, showing an increase of 0.45%[25]. - Non-current liabilities totaled ¥17,000,534,985, down from ¥17,090,546,715, a decrease of 0.53%[25]. - Owner's equity increased to ¥12,056,868,741 from ¥11,868,887,343, reflecting a growth of 1.58%[25]. - Short-term borrowings increased to ¥692,214,110 from ¥492,214,110, marking a rise of 40.6%[24]. Shareholder Information - The total number of shareholders at the end of the reporting period was 248,063[9]. - The largest shareholder, Beijing Beichen Group Co., Ltd., held 34.48% of the shares, with 150 million shares frozen[9]. - The company has commitments from its major shareholder, North辰 Group, to not engage in any competing business while holding 35% or more of the company's shares[19]. - North辰 Group has also committed to not reduce its shareholding in the company for six months following the bond issuance[20]. Cash Flow and Financing Activities - Cash inflow from financing activities was 566,729,248 RMB, down from 3,951,393,247 RMB year-over-year, indicating a decrease of 85.6%[44]. - Total cash outflow from financing activities was 870,114,325 RMB, compared to 2,454,539,052 RMB in the previous year, a decrease of 64.6%[44]. - The net cash flow from financing activities was negative at -303,385,077 RMB, contrasting with a positive flow of 1,496,854,195 RMB in the same quarter last year[44]. - The ending cash and cash equivalents balance was 3,891,380,702 RMB, down from 3,636,735,644 RMB year-over-year[44]. - The company reported a total cash and cash equivalents balance of 6,036,851,702 RMB at the end of the period, compared to 5,157,090,887 RMB in the previous year[41]. Investment and Development - The company plans to issue no more than 5,617.9 million A-shares at a price not lower than 4.45 yuan per share, aiming to raise up to 2.5 billion yuan for project development and loan repayment[17]. - The company reported a total of CNY 7.96 million in non-recurring gains and losses for the period[8]. - The company’s investment losses increased significantly, with a reported loss of approximately 2.37 million yuan in Q1 2016, compared to a loss of 241,978 yuan in Q1 2015[16]. - The company completed the first phase of its bond issuance on April 20, 2016, with a total scale of 1.5 billion RMB and an interest rate of 4.48%[18]. - The bond is a 5-year term with options for the issuer to adjust the coupon rate and for investors to sell back at the end of the third year[18]. - The net proceeds from the bond issuance have been allocated to the company's fundraising account[18]. Operational Metrics - The company’s total construction area for new projects in Q1 2016 was 435,000 square meters, with a completion area of 195,000 square meters, both figures showing significant growth from the previous year[12]. - The company reported a 143.92% increase in other receivables, totaling approximately 1.35 billion yuan, mainly due to land auction deposits[15]. - The company’s financial expenses rose by 71.08% to approximately 161.04 million yuan, primarily due to increased interest expenses from higher borrowing amounts[15]. - The company recorded an investment loss of CNY -2,370,997, compared to a loss of CNY -241,978 in the previous period[33].