深深房A(000029) - 2016 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2016 was CNY 332,573,819.86, representing a 3.57% increase compared to CNY 321,122,572.61 in the same period last year[8] - Net profit attributable to shareholders for the same period was CNY 31,138,409.00, a 24.96% increase from CNY 24,918,992.83 year-on-year[8] - Basic earnings per share rose to CNY 0.0308, up 25.20% from CNY 0.0246 in the prior year[8] - The weighted average return on equity increased to 1.33%, up from 1.15% in the same period last year[8] Cash Flow - The net cash flow from operating activities surged to CNY 127,807,035.61, marking a significant increase of 705.96% compared to a negative cash flow of CNY 21,091,779.41 in the previous year[8] - The net cash flow from investing activities for the period was 300,900 RMB, an increase of 137.49% compared to the same period last year, primarily due to increased dividends from available-for-sale financial assets[16] - The net cash flow from financing activities for the period was -46,094,800 RMB, an increase of 40.96% compared to the same period last year, mainly due to a reduction in the repayment of debt principal and interest[16] - The net increase in cash and cash equivalents for the period was 82,047,600 RMB, an increase of 182.10% compared to the same period last year, primarily due to an increase in net cash flow from operating activities[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,272,846,237.73, reflecting a 2.22% increase from CNY 4,179,937,120.75 at the end of the previous year[8] - The ending balance of prepaid expenses was 46,350,900 RMB, an increase of 101.94% compared to the beginning of the year, mainly due to prepaid material costs not meeting the conditions for transfer to inventory[16] - The ending balance of other current assets was 61,755,500 RMB, an increase of 53.18% compared to the beginning of the year, primarily due to prepaid business tax and land value-added tax[16] - The ending balance of accounts payable was 187,248,100 RMB, a decrease of 35.53% compared to the beginning of the year, mainly due to the payment of completion settlement for developed products[16] - The ending balance of advance receipts was 707,769,400 RMB, an increase of 48.81% compared to the beginning of the year, primarily due to increased sales of housing and advance engineering payments[16] Expenses and Income - The company reported a decrease in selling expenses by 33.79% to CNY 2,602,500.00, attributed to reduced sales service fees and agency commissions[15] - Financial expenses decreased by 115.75% to -CNY 174,070.00, mainly due to increased capitalization of interest for real estate projects[15] - Investment income increased by 96.86% to CNY 68,900.00, driven by higher dividends from available-for-sale financial assets[15] Future Projections - The estimated cumulative net profit for the year is projected to be between 85,000 and 135,000 RMB, a decrease of 54.40% to 27.58% compared to the same period last year[20] - The basic earnings per share are expected to be between 0.0840 and 0.1334 RMB, a decrease of 54.42% to 27.62% compared to the same period last year[20] - The company anticipates a significant decline in the sales turnover of real estate projects compared to the previous year[20]