NJGK(SH:600064)2021-04-29 16:00Financial Performance - Operating revenue increased by 163.36% to CNY 1,963,548,756.68 year-on-year[10] - Net profit attributable to shareholders decreased by 6.26% to CNY 553,178,261.93 compared to the same period last year[10] - The company reported a net profit excluding non-recurring gains and losses of CNY 611,873,405.57, an increase of 11.19% year-on-year[10] - The company's operating revenue increased to ¥1,963,548,756.68, a 163.36% increase compared to ¥745,566,431.12 in the same period last year[20] - The company reported a decrease in contract sales area to 0.049 million square meters, down 99.46% year-on-year, with contract sales amounting to ¥14.75 million, a decrease of 97.48%[25] - The company reported a significant increase in other income, rising from ¥92,389.72 to ¥540,703.69[53] - The company's operating revenue for Q1 2021 was ¥16,939,840.24, a decrease of 8.8% compared to ¥18,578,710.55 in Q1 2020[55] - The net profit for Q1 2021 was ¥404,936,790.60, an increase of 13.7% from ¥355,928,716.39 in Q1 2020[58] - The total comprehensive income for Q1 2021 was ¥396,470,025.28, compared to ¥392,254,915.88 in Q1 2020, indicating a slight increase[58] Cash Flow - Net cash flow from operating activities was negative at CNY -508,625,519.08, a significant decline from CNY 33,770,735.57 in the previous year[10] - The net cash flow from operating activities was -508,625,519.08 RMB, a significant decrease compared to 33,770,735.57 RMB in the previous period, indicating a decline in operational performance[62] - Total cash inflow from operating activities amounted to 1,195,073,000.24 RMB, while cash outflow reached 1,703,698,519.32 RMB, resulting in a net cash outflow of 508,625,519.08 RMB[62] - Cash inflow from investment activities was 359,526,406.10 RMB, while cash outflow totaled 283,931,839.15 RMB, leading to a net cash inflow of 75,594,566.95 RMB[62] - The company raised 1,610,100,000.00 RMB from financing activities, but cash outflow was 1,701,956,079.67 RMB, resulting in a net cash outflow of 91,856,079.67 RMB[64] - The ending cash and cash equivalents balance was 853,317,684.09 RMB, down from 1,378,204,715.89 RMB at the beginning of the period[64] - Cash received from sales of goods and services in Q1 2021 was ¥1,127,950,909.66, an increase from ¥782,355,020.83 in Q1 2020, showing a growth of 44.2%[58] - The company reported a net cash inflow from operating activities of ¥1,127,950,909.66 in Q1 2021, compared to ¥782,355,020.83 in Q1 2020, indicating a strong cash flow performance[58] Assets and Liabilities - Total assets decreased by 3.22% to CNY 31,569,406,171.20 compared to the end of the previous year[10] - Cash and cash equivalents decreased by 37.24% to CNY 1,393,204,715.89 compared to the end of the previous year[16] - Total liabilities decreased to CNY 16.88 billion from CNY 18.51 billion, a reduction of about 8.8%[43] - Total assets decreased to CNY 31.57 billion from CNY 32.62 billion, indicating a decline of approximately 3.2%[41] - Non-current assets increased to CNY 14.74 billion from CNY 14.01 billion, an increase of about 5.2%[41] - The company's equity attributable to shareholders rose to CNY 13.80 billion from CNY 13.25 billion, an increase of approximately 4.1%[43] - Total liabilities increased from ¥18,534,396,133.47 to ¥18,392,282,940.71, a decrease of approximately 0.77%[49] - The company has short-term borrowings of $3.50 billion, which may impact liquidity[78] Shareholder Information - The number of shareholders at the end of the reporting period was 49,135[14] - The largest shareholder, Nanjing New Port Development Co., Ltd., holds 34.74% of the shares, with 60,000,000 shares frozen[14] Expenses - Operating costs rose to ¥1,456,449,302.06, reflecting a significant increase of 320.23% from ¥346,584,219.94 year-on-year[20] - The company’s financial expenses increased by 37.67% to ¥46,899,319.35 due to a larger financing scale compared to the same period last year[20] - Research and development expenses increased from ¥1,917,126.12 to ¥5,196,769.19, an increase of about 171.5%[53] - The company's financial expenses decreased to ¥47,995,047.62 in Q1 2021 from ¥51,689,654.08 in Q1 2020, a reduction of 7.8%[55] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[54]