BLACK PEONY(SH:600510)2021-04-26 16:00Financial Performance - Operating revenue for the period was CNY 2,237,233,485.52, reflecting a decrease of 1.23% year-on-year[12] - Net profit attributable to shareholders was CNY 210,852,631.15, down 0.83% from the same period last year[12] - The company reported a basic earnings per share of CNY 0.21, unchanged from the previous year[47] - Total operating revenue for Q1 2021 was CNY 2,237,233,485.52, a decrease of 1.22% from CNY 2,264,984,379.68 in Q1 2020[46] - Net profit for Q1 2021 was CNY 308,635,477.88, down 12.6% from CNY 353,132,994.98 in Q1 2020[47] - The total comprehensive income for Q1 2021 was CNY 408,770,989.22, significantly higher than CNY 253,894,720.32 in Q1 2020[47] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 33,879,109,198.68, a 0.40% increase from the previous year-end[12] - Total liabilities amounted to ¥23,332,271,744.59, slightly down from ¥23,489,442,933.54, showing a decrease of around 0.7%[35] - Current liabilities decreased to ¥17,686,560,891.05 from ¥18,383,654,401.99, a reduction of approximately 3.8%[34] - The total liabilities increased to CNY 6,236,500,927.08, compared to CNY 5,566,698,266.13 in the previous period, reflecting a growth of 12.0%[46] - The total assets amounted to 33,744,928,407.13, slightly down from 33,763,705,268.76, indicating a decrease of approximately 0.05%[71] Cash Flow - The net cash flow from operating activities was negative CNY 1,141,764,833.91, a significant decline of 415.51% compared to the previous year[12] - Cash received from sales and services in Q1 2021 was CNY 1,615,867,347.67, down from CNY 2,173,249,788.94 in Q1 2020[58] - The cash flow from investing activities in Q1 2021 was a negative CNY 48,473,017.08, slightly improved from a negative CNY 49,327,719.65 in Q1 2020[60] - The cash flow from financing activities for Q1 2021 was a positive CNY 415,762,278.20, down from CNY 518,182,832.78 in Q1 2020[60] Equity and Shareholder Information - Net assets attributable to shareholders increased by 3.55% to CNY 9,216,165,157.28 compared to the previous year-end[12] - Shareholders' equity rose to ¥10,546,837,454.09, compared to ¥10,255,485,473.59, marking an increase of about 2.8%[35] - Total equity increased to CNY 5,816,359,755.42 from CNY 5,716,477,727.79, showing a growth of 1.74%[46] Income and Expenses - Tax expenses increased by 65.70% to CNY 116,476,368.88, mainly due to the accrual of land value-added tax for real estate projects[21] - Investment income surged by 328.12% to CNY 9,076,906.94, attributed to increased returns from financial investments[21] - The company reported a significant increase in other income, totaling CNY 1,094,409.58, up 5727.53% compared to the same period last year, primarily due to increased government subsidies related to operating activities[22] - Non-operating income rose to CNY 5,060,228.54, reflecting a 120.16% increase year-over-year, attributed to additional government subsidies unrelated to operations[23] Borrowings and Financing - Short-term borrowings increased by 38.21% to CNY 1,787,106,620.56 compared to the previous year-end[18] - The company issued bonds totaling CNY 658,000,000.00, a decrease of 34.20% compared to the previous year, due to lower cash received from mid-term notes[24] - The company completed the issuance of CNY 6.58 billion in bonds with a coupon rate of 4.80%[27] Other Financial Metrics - The weighted average return on equity decreased by 0.19 percentage points to 2.32%[12] - The company reported a significant increase in other comprehensive income to ¥471,673,643.23 from ¥371,679,795.44, an increase of about 27%[35] - The company incurred operating costs of CNY 12,825,036.65 in Q1 2021, a decrease from CNY 13,207,625.32 in Q1 2020[52]