NJGK(SH:600064)2019-04-29 16:00Financial Performance - Net profit attributable to shareholders increased by 356.51% to CNY 848.08 million compared to CNY 185.77 million in the same period last year[10]. - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 154.08% to CNY 472.90 million compared to CNY 186.12 million in the same period last year[10]. - Basic and diluted earnings per share increased by 357.33% to CNY 0.686 compared to CNY 0.150 in the same period last year[10]. - The total comprehensive income for the period was ¥891,528,140.39, compared to ¥448,374,415.14 in the previous year, marking an increase of approximately 98.7%[59]. - The net profit attributable to shareholders of the parent company reached ¥848,076,197.89, a significant increase from ¥185,773,197.42 in the previous year, representing a growth of approximately 356.5%[57]. Revenue and Sales - Operating revenue decreased by 62.80% to CNY 318.13 million compared to CNY 855.10 million in the same period last year[10]. - The decrease in operating revenue was primarily due to a reduction in revenue recognized from real estate development sales[10]. - Total operating income for the period was ¥1,011,157,211.13, compared to ¥282,133,409.69 in the same period last year, indicating a year-over-year increase of about 258.5%[57]. - Contract sales area reached 33,700 square meters, a year-on-year increase of 1585%, with contract sales amounting to ¥121,857,000, up 2019.17%[32]. Cash Flow - Net cash flow from operating activities was CNY 430.66 million, a significant improvement from a negative CNY 161.29 million in the same period last year[10]. - The increase in net cash flow from operating activities was mainly due to increased sales in the real estate business[10]. - The net cash flow from operating activities for Q1 2019 was CNY 430,663,636.83, compared to a negative cash flow of CNY -161,285,791.55 in Q1 2018, indicating a turnaround in operational performance[66]. - Cash inflows from financing activities reached CNY 1,810,000,000.00 in Q1 2019, compared to CNY 414,000,000.00 in Q1 2018, reflecting a substantial increase of approximately 336.5%[68]. Assets and Liabilities - Total assets increased by 14.19% to CNY 29.65 billion compared to the end of the previous year[10]. - Total liabilities increased to 16,181,277,725.52 RMB from 14,838,661,426.03 RMB, indicating a rise of approximately 8.0%[45]. - The company reported a total of 9,835,918,838.62 RMB in inventory as of March 31, 2019, up from 8,919,409,933.69 RMB at the end of 2018[41]. - Total current assets amounted to ¥14,103,080,498.11, a decrease of ¥1,409,895,461.61 compared to the previous period[73]. Equity and Investments - Net assets attributable to shareholders increased by 20.19% to CNY 11.21 billion compared to the end of the previous year[10]. - Long-term equity investments rose by 407.11% to ¥9,103,894,303.83, attributed to the reclassification of certain available-for-sale financial assets[20]. - The company’s long-term equity investments increased significantly to 9,103,894,303.83 RMB from 1,795,262,289.02 RMB year-over-year[41]. - The total equity attributable to shareholders was ¥9,330,585,954.20, reflecting a decrease of ¥996,922,274.78[79]. Other Financial Metrics - The weighted average return on equity increased by 6.09 percentage points to 7.89% compared to the previous year[10]. - Research and development expenses decreased to ¥2,437,156.52 from ¥3,217,415.08, showing a reduction of about 24.2%[57]. - The company recorded a significant increase in fair value changes, with gains of ¥657,579,722.89 compared to ¥13,673,861.55 in the previous year, reflecting a growth of approximately 4711.5%[57]. - Deferred tax liabilities increased by 43.84% to ¥1,495,485,450.14, due to adjustments related to long-term equity investments[20].