2022-04-28 09:37Financial Performance - Revenue for the first quarter of 2022 reached RMB 62,667,075, representing a 0.65% increase compared to RMB 62,264,096 in the same period of 2021[3] - Profit attributable to shareholders for the first quarter of 2022 was RMB 1,428,994, marking a 10.58% increase from RMB 1,292,286 in Q1 2021[3] - Basic and diluted earnings per share for Q1 2022 were both RMB 0.1229, up 10.52% from RMB 0.1112 in the same quarter of 2021[3] - The company achieved operating revenue of RMB 62.67 billion, a year-on-year increase of 0.6%[11] - Net profit attributable to shareholders reached RMB 1.43 billion, reflecting a year-on-year growth of 10.6%[11] - Gross profit for the same period was RMB 11,813.425 million, down from RMB 12,698.276 million in 2021, indicating a decrease of about 6.95%[22] - Operating profit decreased to RMB 8,037.170 million from RMB 8,398.042 million year-on-year, reflecting a decline of approximately 4.29%[22] - The total comprehensive income for the period was RMB 2,243.315 million, down from RMB 2,599.408 million in 2021, indicating a decrease of about 13.7%[23] Assets and Liabilities - Total assets as of March 31, 2022, amounted to RMB 1,947,409,175, reflecting a 0.45% increase from RMB 1,938,692,776 as of December 31, 2021[3] - As of March 31, 2022, total assets amounted to RMB 1,608,813.389 million, slightly up from RMB 1,600,322.953 million at the end of 2021[24] - The company's total liabilities were RMB 1,554,099.466 million, resulting in a net asset value of RMB 393,309.709 million as of March 31, 2022[26] - Cash and cash equivalents decreased to RMB 137,450.564 million from RMB 140,708.459 million at the end of 2021[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 537,477, with the top ten shareholders holding a combined 55.67% of the total shares[5] - The largest shareholder, Shenzhen Metro Group Co., Ltd., held 27.89% of the shares, totaling 3,242,810,791 shares[5] - The company has proposed a share buyback plan with a total amount not exceeding RMB 2.5 billion and not less than RMB 2 billion, with a buyback price capped at RMB 18.27 per share[19] Business Segments - The real estate development business recorded a settlement area of 3.747 million square meters, contributing RMB 49.34 billion in revenue, a decline of 6.9% year-on-year[11] - Contract sales area amounted to 6.327 million square meters, with a total sales value of RMB 106.5 billion, down 42.7% and 40.7% year-on-year respectively[12] - The logistics and warehousing business generated revenue of RMB 870 million, marking a 39% increase year-on-year[15] - Revenue from the rental housing business reached RMB 700 million, up 12.8% year-on-year, with over 21,000 long-term rental apartments managed[17] - The commercial development and operation segment reported revenue of RMB 2.11 billion, a year-on-year increase of 17.6%[18] Other Financial Metrics - The net cash flow from operating activities for Q1 2022 was a negative RMB 13,259,189, a significant decline of 178.55% compared to a positive RMB 16,879,435 in Q1 2021[3] - The weighted average return on equity increased to 0.60% in Q1 2022 from 0.57% in Q1 2021[3] - Other current assets increased by 74.59% to RMB 39,252, reflecting an increase in financial products[4] - Biological assets reached RMB 135,678 due to the acquisition of shares in a company, marking a 100% increase[4] - The average premium rate for residential land transactions was 4.4%, down 13.3 percentage points year-on-year[10] - The company launched six new development projects with a total planned construction area of 1.458 million square meters[13]