BCDC(SH:600376)2020-04-29 16:00Financial Performance - Operating revenue decreased by 54.08% to CNY 3.82 billion year-on-year[12] - Net profit attributable to shareholders decreased by 13.39% to CNY 312.06 million compared to the same period last year[12] - Basic earnings per share decreased by 3.41% to CNY 0.0962[12] - The weighted average return on equity decreased by 0.12 percentage points to 1.00%[12] - Total profit fell by 60.16% to ¥686,464,467.80, impacted by project delays due to the pandemic[23] - Total operating revenue for Q1 2020 was 3,818,513,170.85, a decrease of 54.1% compared to 8,315,166,694.48 in Q1 2019[77] - Operating profit for Q1 2020 was 705,767,618.78, a decline of 59.0% from 1,717,770,345.44 in Q1 2019[77] - The company's total revenue for Q1 2020 was approximately ¥254.99 million, an increase of 16.8% compared to ¥218.14 million in Q1 2019[83] - The net profit for Q1 2020 was a loss of approximately ¥34.59 million, compared to a loss of ¥113.83 million in Q1 2019, showing an improvement[83] Assets and Liabilities - Total assets increased by 4.58% to CNY 317.28 billion compared to the end of the previous year[12] - Current assets totaled approximately ¥273.24 billion as of March 31, 2020, compared to ¥262.26 billion at the end of 2019, reflecting a growth of about 4%[62] - Non-current assets amounted to approximately ¥44.03 billion, up from ¥41.11 billion, marking an increase of about 7%[65] - Total liabilities amounted to approximately ¥259.83 billion, up from ¥245.47 billion, representing an increase of about 5.9%[67] - Current liabilities increased to approximately ¥154.24 billion from ¥147.33 billion, reflecting a rise of about 4%[66] - Long-term borrowings rose to approximately ¥74.70 billion from ¥68.47 billion, indicating an increase of about 9%[66] - Shareholders' equity totaled approximately ¥57.44 billion, slightly down from ¥57.89 billion, indicating a decrease of about 0.8%[67] Cash Flow - Net cash flow from operating activities improved by 55.48%, reaching -CNY 4.71 billion[12] - Cash flow from financing activities surged by 265.93% to ¥13,191,127,133.76, reflecting a significant increase in new borrowings[23] - The net cash flow from operating activities was -4,709,804,867.40, an improvement from -10,578,347,879.88 in the previous period, indicating a reduction in cash outflow[88] - Total cash inflow from financing activities reached 24,925,677,266.78, significantly higher than 12,584,307,253.07 in the prior period, reflecting increased capital raising efforts[88] - The cash inflow from operating activities was 17,437,255,808.70, an increase from 14,729,610,785.63, reflecting improved operational performance[90] Shareholder Information - The total number of shareholders at the end of the reporting period was 49,280[20] - The largest shareholder, Beijing Capital Development Holdings, holds 47.12% of the shares[20] Project Development and Investments - The company holds a total of 2,202,034 square meters of land for future development, with 826,172 square meters classified as first-level land[24] - The planned construction area for the held land totals 2,937,001 square meters, indicating potential future revenue generation[24] - The company has several cooperative development projects, with equity stakes ranging from 10% to 100% in various land parcels[24] - Total investment in ongoing projects in Beijing reached approximately CNY 2,884.05 million, with an actual investment of CNY 24.30 million during the reporting period[36] - The total area of ongoing projects is 11,950,469 square meters, with a total planned construction area of 21,073,689 square meters[45] - The company has ongoing projects in multiple regions, with a total planned investment of approximately 1.5 billion across multiple developments[39] Sales Performance - The total sale area for the current period reached 155,011 square meters, contributing to a cumulative sales area of 433.09 million square meters[49] - The highest sales area recorded was in the Fengtai District with 4,819 square meters, while the lowest was in the Chaoyang District with 1,329 square meters[49] - The project "Guofeng Meitang Langguan" in Changping District achieved a cumulative sales area of 42.02 million square meters, indicating strong market demand[49] - The overall sales performance across various districts demonstrates a diverse portfolio with significant sales activity in residential and commercial sectors[49] Investment and Profit Areas - The total area of projects outside Beijing reached 12,368,510 square meters, with a total profit of 1,226.55 million yuan[54] - The project "成都花照紫宸" in Chengdu achieved a significant profit area of 8.67 million square meters[55] - The project "太原国风上观" in Taiyuan has a total area of 1,309,959 square meters, with a profit of 101.89 million yuan[34] - The company reported a profit area of 22.54 million square meters during the reporting period[55]