津投城开(600322) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue increased by 77.78% year-on-year, reaching ¥2,197,599,200.73[6] - Net profit attributable to shareholders increased by 114.65% year-on-year, totaling ¥160,646,607.56[6] - Basic earnings per share increased by 114.62% to ¥0.1453[6] - Net profit attributable to shareholders increased by 114.65% year-on-year, primarily due to an increase in the total settlement projects during the reporting period[11] - Basic and diluted earnings per share both grew by 114.62% year-on-year, reflecting the same reasons as the net profit increase[11] - Net profit for Q1 2019 was ¥162,352,518.07, compared to ¥78,840,295.73 in Q1 2018, representing an increase of 106.5%[24] - Basic and diluted earnings per share for Q1 2019 were both ¥0.1453, up from ¥0.0677 in Q1 2018, indicating a growth of 114.5%[24] - Operating profit for Q1 2019 was ¥227,658,463.69, up from ¥131,959,482.80 in Q1 2018, reflecting a growth of 72.3%[23] Cash Flow - Net cash flow from operating activities decreased by 108.31% year-on-year, resulting in a negative cash flow of ¥12,190,965.49[6] - Net cash flow from operating activities turned negative compared to the same period last year, mainly due to a significant decrease in cash received from sales of goods and services[11] - Cash flow from operating activities showed a net outflow of CNY 12,190,965.49, compared to a net inflow of CNY 146,676,153.64 in the same period last year[30] - Cash inflow from operating activities totaled CNY 839,791,098.25 in Q1 2019, down 68.3% from CNY 2,648,002,941.25 in Q1 2018[30] - Total cash inflow from operating activities was RMB 1,253,068,230.53, while cash outflow was RMB 846,841,243.30, resulting in a net cash flow of RMB 406,226,987.23[33] - Cash flow from investing activities showed a net inflow of RMB 2,841,534.21 in Q1 2019, compared to a net outflow of RMB 26,050.00 in Q1 2018[34] - Cash flow from financing activities resulted in a net outflow of RMB 393,786,957.23 in Q1 2019, an improvement from a net outflow of RMB 524,398,031.62 in Q1 2018[34] Assets and Liabilities - Total assets decreased by 4.44% from the end of the previous year, amounting to ¥30,255,966,562.08[6] - Total current assets decreased from CNY 29.49 billion to CNY 28.10 billion, a decline of approximately 4.6%[15] - Total liabilities decreased from CNY 26.40 billion to CNY 24.83 billion, a decline of approximately 5.9%[17] - Current liabilities decreased from CNY 20.75 billion to CNY 18.84 billion, a reduction of about 9.2%[17] - Long-term borrowings increased from CNY 5.44 billion to CNY 5.78 billion, an increase of approximately 6.2%[17] - Total liabilities amounted to ¥26,400,636,194.25, with current liabilities at ¥20,745,424,283.58 and non-current liabilities at ¥5,655,211,910.67[38] - Total equity reached ¥5,262,349,740.95, with attributable equity to shareholders at ¥4,515,157,631.52[38] - The total assets of the company were reported at ¥31,662,985,935.20, with current assets totaling ¥12,260,058,634.26 and non-current assets at ¥8,073,607,970.73[41] Shareholder Information - The total number of shareholders reached 66,638[9] - The largest shareholder, Tianjin Real Estate Group Co., Ltd., holds 13.53% of shares, totaling 149,622,450 shares[9] - The second-largest shareholder, Tianjin Jincheng State-owned Capital Investment Operation Co., Ltd., holds 13.21% of shares, totaling 146,067,416 shares[9] Other Financial Metrics - The weighted average return on equity rose by 1.81 percentage points to 3.50%[6] - The company reported a non-operating income of ¥822,161.04 from various non-recurring items[7] - The company reported a financial expense of -¥918,180.24 in Q1 2019, a significant decrease from ¥41,359,291.16 in Q1 2018[22] - The company incurred sales expenses of CNY 1,650,341.35 in Q1 2019, significantly higher than CNY 657,201.50 in Q1 2018, reflecting a 151.5% increase[25] - Management expenses decreased to CNY 21,640,848.09 in Q1 2019 from CNY 28,957,023.36 in Q1 2018, a reduction of 25.4%[25] - The company reported investment losses of CNY 2,993,782.26 in Q1 2019, an improvement from losses of CNY 4,431,863.23 in Q1 2018[25] Compliance and Adjustments - The company has adjusted its financial reporting to comply with new financial instrument standards, impacting the classification of certain assets[42] - The company has reported a decrease in other comprehensive income by ¥500,000.00, reflecting adjustments in financial instruments[42]