NJGK(SH:600064)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,207,402,004.34, representing a year-on-year increase of 177.33%[5] - The net profit attributable to shareholders for Q1 2023 was CNY 641,450,437.26, showing a decrease of 4.06% compared to the same period last year[5] - The basic earnings per share for Q1 2023 was CNY 0.371, down by 3.89% from the previous year[5] - The weighted average return on equity was 3.80%, a decrease of 0.55 percentage points year-on-year[5] - The net profit for Q1 2023 was ¥645,701,985.11, a decrease of 4.5% compared to ¥679,229,763.79 in Q1 2022[38] - Operating profit for Q1 2023 was ¥661,759,152.76, down from ¥732,003,114.01 in the same period last year, reflecting a decline of approximately 9.6%[38] - The total comprehensive income for Q1 2023 was reported at -¥80,272,192.23, an improvement from -¥92,426,971.02 in Q1 2022[32] - The total comprehensive income for Q1 2023 was ¥657,856,763.90, compared to ¥625,085,814.67 in Q1 2022, indicating a growth of approximately 5.0%[38] Cash Flow - The net cash flow from operating activities was negative CNY 385,995,620.45, a decline of 382.11% year-on-year[5] - Cash flow from operating activities showed a net outflow of ¥385,995,620.45 in Q1 2023, compared to a net inflow of ¥136,822,534.84 in Q1 2022[41] - The total cash inflow from operating activities reached ¥937,573,803.48, compared to ¥108,298,287.65 in the same period last year, indicating a growth of approximately 767%[57] - The company received ¥919,335,922.94 in other cash related to operating activities, a substantial increase from ¥93,427,057.48 in the previous year[57] - The company’s investment activities generated a net cash inflow of ¥6,462,699.43 in Q1 2023, contrasting with a net outflow of ¥180,145,305.73 in Q1 2022[43] - The financing activities resulted in a net cash inflow of ¥531,266,423.19 in Q1 2023, compared to ¥52,347,047.22 in Q1 2022, showing a substantial increase[43] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 37,168,512,770.35, a decrease of 0.63% from the end of the previous year[5] - The company's total assets amounted to 37.17 billion RMB, a slight decrease from 37.40 billion RMB at the end of 2022[27] - The company's total liabilities decreased to ¥18,854,528,665.85 in Q1 2023 from ¥19,747,560,583.32 in Q1 2022, a reduction of about 4.5%[32] - The total liabilities rose to ¥9,826,070,912.32, compared to ¥9,136,830,641.27 in the previous year, indicating an increase of 7.5%[50] - The company’s total cash inflow from investment activities was ¥52,379,530.10, with cash outflow totaling ¥143,278,565.03, leading to a net cash flow from investment activities of -¥90,899,034.93[57] Revenue and Sales - The company reported a significant increase in operating costs by 277.00% due to higher revenue from real estate development sales[7] - In Q1 2023, the company achieved a contract sales area of 136,400 square meters, a year-on-year increase of 7078.95%[18] - The contract sales amount reached 731.90 million RMB, up 855.85% year-on-year, with residential and parking projects contributing 243.50 million RMB and affordable housing contributing 488.39 million RMB[18] - Total revenue from sales and services received in Q1 2023 was ¥975,096,942.23, an increase of 20.4% from ¥809,584,406.20 in Q1 2022[41] Investments and Expenses - Research and development expenses increased by 54.86% due to higher spending by a subsidiary[7] - Research and development expenses for Q1 2023 were ¥2,897,362.53, up from ¥1,871,008.77 in Q1 2022, indicating an increase of about 54.6%[34] - The company reported investment income of ¥648,502,517.83 in Q1 2023, slightly down from ¥651,376,114.05 in Q1 2022, a decrease of approximately 0.4%[34] - The company’s long-term equity investments increased to 16.21 billion RMB from 15.56 billion RMB at the end of 2022[27] - The company’s inventory decreased to 13.30 billion RMB from 13.91 billion RMB at the end of 2022[27]