BCDC(SH:600376)2025-04-29 16:20Financial Performance - The company's operating revenue for Q1 2025 was CNY 3,885,818,630.68, representing a 12.34% increase compared to CNY 3,458,988,364.89 in the same period last year[4]. - The net profit attributable to shareholders of the listed company was a loss of CNY 1,079,295,376.00, compared to a loss of CNY 807,035,803.90 in the previous year, indicating a worsening financial performance[4]. - The basic and diluted earnings per share were both -CNY 0.4394, compared to -CNY 0.3341 in the same period last year, indicating a decline in profitability[5]. - The net profit for the first quarter of 2025 was -1,156,244,093.43 RMB, compared to -883,569,082.60 RMB in the same period of 2024, representing a year-over-year decline of approximately 30.9%[24]. - The total comprehensive income attributable to the parent company for Q1 2025 was -1,079,295,376.00 RMB, compared to -807,016,226.06 RMB in Q1 2024[25]. - The company incurred a total operating profit loss of -1,138,129,786.24 RMB in Q1 2025, compared to -843,126,157.14 RMB in Q1 2024[24]. - The company reported a total profit loss of -1,133,682,534.18 RMB for Q1 2025, compared to -856,392,178.48 RMB in Q1 2024, reflecting a decline of approximately 32.4%[24]. Cash Flow and Investments - The net cash flow from operating activities was CNY 4,623,912,807.39, a significant improvement from a negative cash flow of CNY -2,849,995,375.32 in the same period last year[4]. - The cash flow from operating activities for Q1 2025 was 4,623,912,807.39 RMB, a significant improvement compared to -2,849,995,375.32 RMB in Q1 2024[25]. - The net cash flow from investing activities for Q1 2025 was -21,086,628.53 RMB, a decrease from 241,709,755.97 RMB in Q1 2024[26]. - The net cash flow from financing activities in Q1 2025 was -6,843,149,719.81 RMB, compared to -310,989,750.02 RMB in Q1 2024, indicating a substantial increase in cash outflows[26]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 222,683,794,696.30, down 3.13% from CNY 229,869,099,539.88 at the end of the previous year[5]. - Total assets decreased from CNY 229,869,099,539.88 to CNY 222,683,794,696.30, a decline of approximately 3.3%[23]. - Total liabilities decreased from CNY 178,806,604,464.72 to CNY 174,517,242,536.49, a reduction of about 2.0%[22]. - The company's total equity decreased from CNY 51,062,495,075.16 to CNY 48,166,552,159.81, reflecting a decline of approximately 5.6%[22]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 42,626, indicating a stable shareholder base[10]. - The largest shareholder, Beijing Capital Development Holdings (Group) Co., Ltd., holds 47.12% of the shares, totaling 1,215,584,048 shares[10]. - The company has not reported any changes in the participation of major shareholders in the securities lending and borrowing business[12]. - The company has not identified any other related party relationships or concerted action relationships among the major shareholders[12]. Real Estate Operations - The total actual investment in real estate projects during the reporting period amounted to RMB 33.50 billion, with a total construction area of 6,774,540 square meters[13]. - The company sold a total of 385,218 square meters of real estate during the reporting period, with 164,850 square meters sold in Beijing and 220,368 square meters sold outside Beijing[15]. - The company achieved a signed area of 385,218 square meters and a signed amount of RMB 63.90 billion from January to March 2025[15]. - The total area of properties that generated profit during the reporting period was 195,951 square meters, with 48,447 square meters from Beijing and 147,504 square meters from outside Beijing[18]. - The company reported a total of 3,550,614 square meters of ongoing construction projects in Beijing and 3,223,926 square meters outside Beijing[13]. Financial Ratios and Efficiency - The weighted average return on net assets was -6.44%, down from -4.91% in the previous year, reflecting a decrease in financial efficiency[5]. - Total operating costs for Q1 2025 were CNY 4,974,725,702.65, up from CNY 4,351,719,524.07 in Q1 2024, reflecting a 14.3% increase[23]. - Operating income for Q1 2025 was CNY 3,885,818,630.68, with a cost of goods sold of CNY 3,603,065,376.72, resulting in a gross margin decrease[23]. - Financial expenses in Q1 2025 amounted to CNY 883,093,007.33, compared to CNY 862,681,525.88 in Q1 2024, indicating a slight increase[23]. - The company reported a net investment loss of CNY 55,677,713.56 in Q1 2025, contrasting with a profit of CNY 191,224,818.98 in Q1 2024[23].