荣丰控股(000668) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was CNY 1,041,378.46, a decrease of 0.05% compared to CNY 1,041,897.99 in the same period last year[8] - The net profit attributable to shareholders was CNY -10,281,729.03, representing a decline of 57.02% from CNY -6,547,932.22 year-on-year[8] - The net cash flow from operating activities was CNY -16,614,881.75, a significant drop of 109.91% compared to CNY 167,732,149.42 in the previous year[8] - Basic and diluted earnings per share were both CNY -0.07, down 75.00% from CNY -0.04 in the same quarter last year[8] - The estimated cumulative net profit for the period from the beginning of the year to the next reporting period is projected to be a loss of between -25 million to -15 million CNY, representing a decline of 654.79% compared to the same period last year[19] - Basic earnings per share are expected to be between -0.17 to -0.1 CNY, indicating a decrease of 325.00% compared to the previous year[19] Assets and Shareholder Information - Total assets at the end of the reporting period were CNY 1,788,555,158.13, a decrease of 11.74% from CNY 2,026,437,864.42 at the end of the previous year[8] - The net assets attributable to shareholders were CNY 593,992,371.34, down 1.70% from CNY 604,274,380.37 at the end of the last fiscal year[8] - The total number of ordinary shareholders at the end of the reporting period was 7,785[11] - The largest shareholder, Shengshida Investment Co., Ltd., held 39.28% of the shares, totaling 57,680,703 shares[11] Return on Assets - The weighted average return on net assets was -1.72%, compared to -1.02% in the same period last year, indicating a deterioration of 68.63%[8] Non-Recurring Gains and Losses - The company reported no significant non-recurring gains or losses during the reporting period[9] Reasons for Decline - The significant decline in net profit is attributed to the near sell-out of existing properties in Beijing and the inability to recognize revenue from the Changchun Rongfeng International Financial Center project, along with increased financial costs and period expenses[19]