荣丰控股(000668) - 2016 Q1 - 季度财报

Financial Performance - Revenue for Q1 2016 was CNY 1,041,897.99, a decrease of 58.17% compared to CNY 2,490,939.82 in the same period last year[8] - Net profit attributable to shareholders was a loss of CNY 6,547,932.22, an improvement of 31.79% from a loss of CNY 9,599,606.64 year-over-year[8] - Basic and diluted earnings per share improved to -CNY 0.04, a 42.86% increase from -CNY 0.07 in the same quarter last year[8] - The estimated cumulative net profit for the period is projected to be a loss of CNY 15 million, a decrease of 308.74% compared to the same period last year[20] - Basic earnings per share are expected to be CNY -0.1, a decline of 400% compared to CNY -0.04 from the previous year[20] Cash Flow - Net cash flow from operating activities increased by 289.62% to CNY 167,732,149.42, compared to a negative cash flow of CNY 88,458,381.83 in the previous year[8] Assets and Shareholders - Total assets at the end of the reporting period were CNY 1,860,819,294.75, reflecting a 29.11% increase from CNY 1,441,228,878.88 at the end of the previous year[8] - Net assets attributable to shareholders decreased by 1.01% to CNY 641,598,119.32 from CNY 648,146,051.54 at the end of the previous year[8] - The total number of shareholders at the end of the reporting period was 9,769[12] - The largest shareholder, Shengshida Investment Co., Ltd., held 39.28% of the shares, totaling 57,680,703 shares[12] Non-Recurring Items and Returns - The company reported no non-recurring gains or losses during the reporting period[10] - The weighted average return on net assets was -1.02%, an improvement of 0.53% from -1.55% in the previous year[8] Performance Decline Factors - The decline in performance is attributed to the sale of existing properties in the Beijing Rongfeng project being nearly sold out, while the Changchun project has not met revenue recognition conditions[20]