莱茵体育(000558) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥58,263,814.23, a decrease of 90.65% compared to ¥622,880,467.18 in the same period last year[8]. - Net profit attributable to shareholders was ¥10,507,973.83, an increase of 15.17% from ¥9,123,506.96 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was -¥13,011,344.05, a decline of 266.98% compared to ¥7,792,211.30 in the previous year[8]. - The net cash flow from operating activities was -¥40,982,661.97, improving by 62.27% from -¥108,610,138.31 in the same period last year[8]. - Basic and diluted earnings per share were both ¥0.0082, down 22.64% from ¥0.0106 year-on-year[8]. Assets and Shareholder Information - Total assets at the end of the reporting period were ¥2,563,118,358.63, an increase of 0.43% from ¥2,552,099,167.62 at the end of the previous year[8]. - Net assets attributable to shareholders increased by 0.71% to ¥1,333,669,322.85 from ¥1,324,318,781.97 at the end of the previous year[8]. - The total number of ordinary shareholders at the end of the reporting period was 89,350[12]. - The largest shareholder, 莱茵达控股集团有限公司, held 47.70% of the shares, amounting to 614,920,180 shares, with 566,859,997 shares pledged[12]. Changes in Financial Metrics - Accounts receivable decreased by ¥5,340,195.59, a reduction of 34.71% due to payments received from Nanjing Fangshan Forest Park Investment Management Co., Ltd.[16]. - Construction in progress increased by ¥44,751,307.88, a rise of 35.35%, primarily due to increased investments in Lishui venues and Nanjing real estate projects.[16]. - Intangible assets increased by ¥47,751,509.70, a significant increase of 151.35%, mainly due to the completion of land use rights for Lishui venue company.[16]. - Operating revenue decreased by ¥564,616,652.95, a decline of 90.65%, as the company focused on developing sports business and reduced energy operations.[16]. - Operating costs decreased by ¥556,644,274.14, a drop of 95.18%, in line with the decrease in operating revenue.[16]. - Financial expenses increased by ¥3,143,849.79, a rise of 36.50%, due to an increase in loan scale compared to the same period last year.[17]. Strategic Initiatives - The company signed a strategic cooperation agreement with Zhejiang Equity Exchange Center to establish a joint venture, which is currently in progress.[19]. - The company plans to jointly develop the "Rhein Sports - Charming Liangjiang - Green Life Town" project with Chongqing Liangjiang New Area Real Estate Development Co., Ltd., and this initiative is also actively advancing.[19]. - The company has received the first payment for the sale of part of the "Matrix International Center" property, indicating successful progress in real estate transactions.[19]. Future Expectations - The company expects a significant change in net profit for the first half of 2018 compared to the same period last year, but specific figures are not disclosed.[22].