城建发展(600266) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was ¥2,561,736,575.98, representing a significant increase of 245.37% year-on-year[10] - Net profit attributable to shareholders was -¥89,303,716.55, showing an improvement from -¥694,228,996.66 in the same period last year[10] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥311,136,370.62, compared to -¥332,694,889.23 in the previous year[10] - The company reported a significant increase in operating income, up 245.37% year-on-year, primarily due to an increase in recognized revenue projects[19] - The net profit attributable to shareholders was negative, mainly due to a decline in the stock prices of financial assets held by the company[19] - The net profit for Q1 2021 was a loss of CNY 122,767,170.91, an improvement from a loss of CNY 713,690,210.60 in Q1 2020[41] - The total profit for the current period was -$561.03 million, an improvement from -$615.00 million in the previous period, indicating a reduction in losses of about 8.8%[45] - Net profit for the current period was -$407.85 million, compared to -$480.86 million in the previous period, reflecting a decrease in losses of approximately 15.2%[45] Assets and Liabilities - Total assets at the end of the reporting period reached ¥136,006,145,515.05, an increase of 3.53% compared to the previous year-end[10] - The total number of shareholders at the end of the reporting period was 59,753[12] - The company's total liabilities amounted to ¥108,170,792,149.51, compared to ¥103,385,527,891.36, showing an increase of about 4.3%[29] - Current liabilities rose to ¥49,498,162,537.75 from ¥46,340,168,082.14, an increase of about 4.7%[27] - Non-current liabilities increased to ¥58,672,629,611.76 from ¥57,045,359,809.22, reflecting a growth of approximately 2.8%[29] - The total current assets increased to approximately 119.08 billion RMB from 114.47 billion RMB at the end of 2020[24] - The total non-current assets amounted to ¥9,161,596,500.85, down from ¥9,178,188,065.60, indicating a slight decrease of about 0.2%[33] - The total liabilities increased to CNY 32,341,415,484.96 in Q1 2021 from CNY 27,582,280,111.45 in Q1 2020, reflecting a growth of approximately 17.5%[39] Cash Flow - The net cash flow from operating activities was -¥4,264,465,381.63, compared to -¥1,118,804,369.17 in the previous year, indicating a decline[10] - Cash flow from operating activities showed a net outflow of -$4.26 billion, worsening from -$1.12 billion in the previous year, indicating a significant increase in cash outflow[49] - Cash flow from investing activities resulted in a net outflow of -$47.72 million, a decrease from a net inflow of $68.38 million in the previous period, showing a shift in investment strategy[51] - Cash flow from financing activities generated a net inflow of $3.85 billion, compared to a net outflow of -$360.91 million in the previous period, indicating a strong financing position[51] Shareholder Information - Basic and diluted earnings per share were both -¥0.07, an improvement from -¥0.40 in the same period last year[10] - The basic earnings per share for Q1 2021 was -0.07 CNY, compared to -0.40 CNY in Q1 2020[41] - The total equity attributable to shareholders decreased to ¥25,649,987,551.73 from ¥25,757,566,628.15, a decline of about 0.4%[29] - The total equity decreased to CNY 22,810,781,078.04 in Q1 2021 from CNY 23,233,764,799.41 in Q1 2020, showing a decline of about 1.8%[39] Inventory and Investments - The company’s inventory as of March 31, 2021, was approximately 92.82 billion RMB, compared to 86.88 billion RMB at the end of 2020[24] - The company's inventory increased slightly to ¥1,559,389,325.61 from ¥1,545,209,083.64, reflecting a growth of approximately 0.9%[33] - Long-term equity investments stood at 3,064,987,950.92 RMB, remaining stable compared to the previous period[57] Other Financial Metrics - Non-operating income included a gain from the disposal of non-current assets amounting to ¥58,156,206.42[12] - The company reported a significant non-recurring loss of -¥606,953,331.23 from fair value changes in financial assets[12] - The company anticipates significant fluctuations in cumulative net profit for the first half of 2021 compared to the same period last year due to the implementation of new financial instrument standards[20] - The company recorded other comprehensive income after tax of CNY 111,641,754.99 for Q1 2021[41]