大名城(600094) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 reached ¥673,997,130.05, representing a 94.91% increase compared to ¥345,794,280.11 in the same period last year[4] - Net profit attributable to shareholders was ¥3,872,067.38, a significant recovery from a loss of ¥40,450,377.95 in the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥5,924,968.28, compared to a loss of ¥41,059,777.95 in the same period last year[4] - The basic and diluted earnings per share improved to ¥0.0017 from a loss of ¥0.0174 in the previous year[4] - The weighted average return on equity increased by 0.36 percentage points to 0.04% from -0.32%[4] - Total revenue for Q1 2025 reached ¥673,997,130.05, a significant increase of 95% compared to ¥345,794,280.11 in Q1 2024[20] - Net profit for Q1 2025 was ¥3,638,467.21, a recovery from a net loss of ¥40,141,569.62 in Q1 2024[21] - The total comprehensive income attributable to the parent company was CNY 5,369,293.04, a decrease from CNY -40,839,014.36 year-over-year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥17,965,952,497.22, a decrease of 3.23% from ¥18,566,273,190.36 at the end of the previous year[5] - The company's total assets decreased from ¥18,566,273,190.36 to ¥17,965,952,497.22, a decline of approximately 3.25%[17] - Total liabilities decreased from ¥8,080,607,359.40 to ¥7,475,150,973.39, representing a reduction of about 7.5%[17] - The total liabilities amounted to CNY 14,015,101,451.61, a decrease from CNY 14,028,025,160.85[26] - The company's total current assets amounted to approximately 11.54 billion RMB, a decrease from 12.33 billion RMB as of December 31, 2024[15] - The company's long-term equity investments were valued at approximately 1.10 billion RMB as of March 31, 2025, slightly down from 1.11 billion RMB at the end of 2024[16] - The company's total non-current assets were approximately 6.42 billion RMB as of March 31, 2025, an increase from 6.24 billion RMB at the end of 2024[16] Cash Flow - The net cash flow from operating activities was -¥63,671,228.37, an improvement from -¥385,175,810.48 in the previous year[4] - The net cash flow from operating activities was CNY -63,671,228.37, improving from CNY -385,175,810.48 in the previous year[23] - Cash inflow from operating activities totaled CNY 451,428,873.76, down 24.1% from CNY 595,508,858.37 in the same quarter last year[23] - The company reported a decrease in cash inflow from sales of goods and services, totaling CNY 449,918,718.28, compared to CNY 512,565,353.35 in the same quarter last year[23] - The company's cash and cash equivalents were reported at approximately 656.85 million RMB as of March 31, 2025, down from 844.13 million RMB at the end of 2024[15] - The company's cash and cash equivalents at the end of the period were CNY 558,383,882.44, down from CNY 1,335,652,014.90 year-over-year[23] - The company's total cash and cash equivalents at the end of Q1 2025 were ¥961,068.49, down from ¥2,205,322.85 at the end of Q1 2024[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 54,069[9] - The largest shareholder, Mingcheng Holdings Group Co., Ltd., held 235,587,483 shares, accounting for 9.73% of the total shares[9] - The total equity attributable to shareholders was CNY 12,687,908,349.65, slightly down from CNY 12,689,785,898.69[27] Operational Highlights - The company reported a government subsidy of ¥171,355.53, contributing positively to the financial results[6] - The company signed compensation contracts for land use rights with a total compensation amount of 175.52 million RMB during the reporting period[12] - The company holds 100% ownership in several project areas, including 4,182.49 square meters in Fuzhou/Nanchang and 5,938.11 square meters in Shanghai[12] - The company has completed the cancellation registration for two land parcels during the reporting period[12] - The company’s inventory was approximately 9.69 billion RMB as of March 31, 2025, compared to 10.27 billion RMB at the end of 2024[16] - The company plans to focus on market expansion and new product development to drive future growth[20] - The company aims to enhance operational efficiency and reduce costs in the upcoming quarters[20] Cost and Expenses - Total operating costs for Q1 2025 were ¥661,307,166.57, up from ¥379,533,509.38 in Q1 2024, reflecting a 74% increase[20] - The company reported a significant reduction in financial expenses, with Q1 2025 financial costs at ¥38,854,933.27 compared to ¥26,022,496.89 in Q1 2024[21] - The company's management expenses for Q1 2025 were ¥3,011,153.11, a decrease from ¥3,819,443.61 in Q1 2024[28] - The financial expenses for Q1 2025 increased to ¥2,545,946.48 from ¥1,828,720.05 in Q1 2024[28] - The company reported other income of -¥413,818.08 in Q1 2025, compared to other income of ¥19,436.30 in Q1 2024[28]