CFLD(SH:600340)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥4,182,363,343.46, representing a decrease of 47.39% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was ¥2,774,717,962.64, while the net profit attributable to shareholders after deducting non-recurring gains and losses was -¥4,287,583,300.73[6]. - The net profit for the first quarter of 2022 was approximately ¥2.79 billion, compared to a net loss of ¥3.74 billion in the first quarter of 2021, marking a significant turnaround[43]. - The total comprehensive income for the first quarter of 2022 was approximately ¥2.82 billion, a significant improvement from a loss of ¥3.86 billion in the same period of 2021[43]. - The company's basic and diluted earnings per share were both ¥0.71[6]. - The company reported a basic earnings per share of ¥0.71 for the first quarter of 2022, compared to a loss per share of ¥1.08 in the first quarter of 2021[43]. - Total operating costs for the first quarter of 2022 were approximately ¥8.74 billion, down from ¥12.29 billion in the previous year, indicating a reduction of about 29.5%[40]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥311,911,925.36[6]. - The cash flow from operating activities for the first quarter of 2022 was approximately ¥311.91 million, a recovery from a negative cash flow of ¥2.57 billion in the same quarter of 2021[48]. - The company's cash and cash equivalents increased to ¥14,624,731,073.50 from ¥14,437,474,854.43, showing a growth of approximately 1.3%[31]. - The ending balance of cash and cash equivalents stood at $12.98 billion, down from $16.18 billion year-over-year[49]. - The net increase in cash and cash equivalents was $192.52 million, contrasting with a decrease of $9.29 billion in the previous year[49]. - Cash inflow from financing activities totaled $439.80 million, compared to $6.92 billion in the prior period[49]. - Cash outflow for debt repayment was $515.13 million, down from $6.07 billion year-over-year[49]. Assets and Liabilities - Total assets at the end of the reporting period were ¥433,267,980,604.78, a decrease of 1.75% from the end of the previous year[9]. - Current assets totaled ¥386,317,104,417.73 as of March 31, 2022, down from ¥392,470,413,957.64 at the end of 2021, reflecting a decrease of about 1.4%[31]. - Total liabilities amounted to ¥407,707,508,771.11, a slight decrease from ¥417,137,505,294.42, reflecting a decline of about 2.0%[37]. - The company's long-term borrowings increased significantly to ¥75,866,515,902.78 from ¥31,147,467,390.12, marking an increase of approximately 143.5%[37]. - The equity attributable to shareholders of the listed company increased by 44.56% to ¥9,118,327,142.23 compared to the end of the previous year[9]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 171,825[15]. - Huaxia Happiness Holdings Co., Ltd. holds 679,065,164 shares, accounting for 17.35% of the total shares[15]. - China Ping An Life Insurance Co., Ltd. - Self-owned funds holds 414,223,338 shares, representing 10.58% of the total shares[15]. - The total share capital of the company at the end of the reporting period is 3,913,720,342 shares[18]. - The top 10 shareholders collectively hold 19.14% of the total shares[18]. Debt Restructuring and Projects - The company reported non-recurring gains of ¥9,263,371,659.40 from debt restructuring[12]. - The company has signed debt restructuring agreements totaling 106.187 billion yuan as part of its debt restructuring plan[27]. - The company is actively coordinating with local governments to address liquidity issues and facilitate the implementation of its debt restructuring plan[26]. - The company has initiated new construction projects totaling 37,625.35 square meters in the first quarter of 2022, with completed projects amounting to 248,027.06 square meters[24]. Land and Development - The company holds a total of 4,251,828.43 square meters of land for development, with a planned construction area of 8,483,266.12 square meters[22]. - The company has a 71% equity stake in the land area of 51,073.43 square meters in the Jiangmen region, which includes a planned construction area of 127,683.58 square meters[22]. - The company has a 90% equity stake in the land area of 166,633.37 square meters in the Yongqing region, with a planned construction area of 322,995.29 square meters[21]. - The company has a 52% equity stake in the land area of 482,629.58 square meters in the Gu'an region, with a planned construction area of 1,085,881.31 square meters[21]. - The company has a 30% equity stake in the land area of 95,830.23 square meters in the Dachang region, with a planned construction area of 203,453.44 square meters[21]. - The company has a 35% equity stake in the land area of 846,383.00 square meters in the Bazhou region, with a planned construction area of 1,475,608.80 square meters[21]. Research and Development - Research and development expenses for the first quarter of 2022 were approximately ¥90,629, a decrease from ¥473,134 in the first quarter of 2021[40].