津滨发展(000897) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥141,793,786.46, a decrease of 86.44% compared to ¥1,045,807,760.47 in the same period last year[5] - The net profit attributable to shareholders for Q1 2025 was ¥13,532,304.57, down 92.38% from ¥177,493,691.68 year-on-year[5] - The basic earnings per share for Q1 2025 was ¥0.0084, a decline of 92.34% compared to ¥0.1097 in the previous year[5] - Net profit for the current period is ¥12,818,585.99, compared to ¥176,932,293.12 in the previous period, reflecting a decrease of approximately 92.7%[17] - The company reported a total comprehensive income of ¥12,818,585.99 for the current period, significantly lower than ¥176,932,293.12 in the previous period, a decline of approximately 92.7%[18] - The company incurred a tax expense of ¥4,347,122.68, compared to ¥58,925,851.70 in the previous period, a decrease of about 92.6%[17] Assets and Liabilities - The total assets at the end of Q1 2025 were ¥4,657,939,393.87, representing a decrease of 5.15% from ¥4,911,070,937.17 at the end of the previous year[5] - The total assets of the company decreased from CNY 4,911,070,937.17 to CNY 4,657,939,393.87, reflecting a decline of approximately 5.15%[13] - Cash and cash equivalents decreased from CNY 1,119,388,238.79 to CNY 888,058,630.73, a reduction of about 20.61%[13] - Total current liabilities decreased from CNY 1,587,692,217.90 to CNY 1,321,742,088.61, a reduction of approximately 16.74%[14] - The total liabilities decreased from CNY 1,599,793,503.57 to CNY 1,333,843,374.28, reflecting a decline of approximately 16.6%[14] Cash Flow - The cash flow from operating activities for Q1 2025 was negative at -¥234,351,189.82, worsening by 7.06% compared to -¥218,903,146.51 in the same period last year[5] - The net cash flow from operating activities is -¥234,351,189.82, worsening from -¥218,903,146.51 in the previous period[18] Shareholder Information - The total number of common shareholders at the end of the reporting period was 87,571[10] - The top ten shareholders hold a total of 338,312,340 shares, with the largest shareholder being Tianjin TEDA Construction Group Co., Ltd.[11] Other Financial Metrics - The company reported a significant increase in other receivables, rising by 206.19% to ¥41,145,015.80 due to land deposit payments during the reporting period[8] - Contract liabilities increased by 158.52% to ¥255,442,064.93, attributed to the commencement of pre-sales for the Meijiang H1 project[8] - The company experienced a 679.63% increase in tax payments, totaling ¥440,929,151.16, primarily due to land value-added tax payments[8] - The company's contract liabilities increased significantly from CNY 98,809,413.69 to CNY 255,442,064.93, an increase of about 158.5%[14] Inventory and Receivables - Accounts receivable increased from CNY 40,578,311.66 to CNY 44,553,825.24, representing an increase of approximately 9.8%[13] - Inventory decreased from CNY 3,154,054,505.48 to CNY 3,096,659,516.78, a decline of about 1.8%[13] New Projects and Developments - The company holds a 51% stake in the newly established Tianjin Jinhai Taicheng Real Estate Development Co., Ltd. for the project acquired in February 2025[12] - The company has completed the signing of the land contract and the payment of the first phase of land transfer fees for the new project[12] Accounting Standards - The first quarter report has not been audited[20] - The new accounting standards will be implemented starting in 2025[21]