BEZ(SH:600658)2025-04-25 12:05Financial Performance - The company's operating revenue for Q1 2025 was ¥280,633,604.32, a decrease of 73.26% compared to ¥1,049,303,233.98 in the same period last year[4] - The net profit attributable to shareholders was -¥66,995,330.25, representing a decline of 185.67% from ¥78,203,344.19 year-on-year[4] - The basic and diluted earnings per share were both -¥0.06, down 185.71% from ¥0.07 in the previous year[4] - Total revenue for Q1 2025 was CNY 280,633,604.32, a significant decrease from CNY 1,049,303,233.98 in Q1 2024, representing a decline of approximately 73.3%[16] - Operating profit for Q1 2025 was a loss of CNY 84,386,627.52, contrasting with a profit of CNY 99,440,341.48 in Q1 2024[16] - The net loss for Q1 2025 was CNY 84,371,970.20, compared to a profit of CNY 99,441,862.72 in Q1 2024, indicating a significant downturn in profitability[16] - The net profit for the first quarter of 2025 was -73,246,358.36 RMB, compared to a net profit of 77,334,315.28 RMB in the same period of 2024, indicating a significant decline[17] - The basic and diluted earnings per share for Q1 2025 were both -0.06 RMB, compared to 0.07 RMB in Q1 2024[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,968,880,834.58, a decrease of 0.72% from ¥17,091,822,242.66 at the end of the previous year[5] - The company's total assets decreased to CNY 16,968,880,834.58 as of March 31, 2025, from CNY 17,091,822,242.66 at the end of 2024, a decline of approximately 0.72%[13] - Total liabilities decreased slightly to CNY 10,882,274,374.65 as of March 31, 2025, from CNY 10,931,969,424.37 at the end of 2024, a decline of approximately 0.45%[14] - Non-current liabilities decreased significantly to CNY 4,806,594,003.82 as of March 31, 2025, down from CNY 5,726,381,934.53 at the end of 2024, a reduction of about 16.1%[14] - The total liabilities decreased from ¥6,466,485,634.31 to ¥6,316,705,599.43, reflecting a reduction of approximately 2.32%[24] Cash Flow - The net cash flow from operating activities was -¥21,575,284.22, compared to -¥818,157,940.27 in the same period last year[4] - Operating cash flow for Q1 2025 was -21,575,284.22 RMB, an improvement from -818,157,940.27 RMB in Q1 2024[18] - Cash outflows from operating activities totaled 403,058,669.88 RMB in Q1 2025, significantly lower than 1,145,634,152.20 RMB in Q1 2024[18] - The cash flow from operating activities for Q1 2025 was negative at -¥112,018,080.86, an improvement from -¥427,095,902.82 in Q1 2024[28] Income and Expenses - Total operating costs for Q1 2025 were CNY 366,880,241.34, compared to CNY 965,232,348.20 in Q1 2024, indicating a decrease of about 62.0%[16] - The company reported a significant reduction in management expenses from ¥32,674,135.91 in Q1 2024 to ¥24,214,816.35 in Q1 2025, a decrease of approximately 26%[25] - The company incurred financial expenses of ¥2,795,902.82 in Q1 2025, up from ¥1,715,628.13 in Q1 2024, reflecting an increase of approximately 63%[25] Rental and Project Revenue - The company signed a total area of 5,834.86 square meters with a contract value of ¥40,795,800 during January to March 2025[9] - The company generated rental income of ¥89,184,700 from leased and cooperatively operated park projects covering an area of 324,273.93 square meters by the end of March[10] - Revenue from cooperatively operated commercial projects covering an area of 168,540.88 square meters was ¥1,292,700 by the end of March[11] Equity - The company reported a total equity attributable to shareholders of ¥5,742,706,848.24, down 1.15% from ¥5,809,702,178.49 at the end of the previous year[5] - The total equity increased slightly from ¥4,559,716,174.60 to ¥4,597,716,479.50, an increase of about 0.83%[24]