栖霞建设(600533) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders reached CNY 216.36 million, a significant recovery from a loss of CNY 12.46 million in the same period last year[7]. - Operating revenue surged by 91.70% to CNY 328.15 million compared to CNY 171.18 million in the previous year[7]. - Basic and diluted earnings per share were CNY 0.2061, recovering from a loss of CNY 0.0119 per share in the previous year[7]. - Operating profit for Q1 2019 was ¥175,996,368.06, recovering from a loss of ¥18,708,945.73 in the same period last year[35]. - Net profit for Q1 2019 was ¥217,144,148.22, compared to a net loss of ¥11,945,677.69 in Q1 2018, marking a turnaround[35]. - The company reported a total comprehensive income of CNY 246,306,259.42 for Q1 2019, compared to a loss of CNY 59,813,746.03 in Q1 2018[37]. Cash Flow - Net cash flow from operating activities was CNY 249.56 million, a turnaround from a negative cash flow of CNY 442.17 million in the same period last year[7]. - The net cash flow from operating activities was RMB 249,564,556.24, a turnaround from a negative cash flow of RMB -442,165,472.69 in the previous year, mainly due to increased sales from the Wuxi Dongfang Tianjun and Nanjing Yujing Bay projects[17]. - The net cash flow from investing activities was RMB 140,608,030.08, recovering from a negative cash flow of RMB -51,126,859.46, primarily due to the recovery of funds from the Palm Shares transfer agreement[17]. - The net cash flow from financing activities decreased by 63.42% to RMB 212,606,528.24 from RMB 581,270,130.85, mainly due to reduced bank loans compared to the previous year[17]. - Operating cash flow for Q1 2019 was CNY 249,564,556.24, a significant improvement from a negative cash flow of CNY 442,165,472.69 in Q1 2018[40]. - Investment activities generated a net cash inflow of CNY 140,608,030.08 in Q1 2019, compared to a net outflow of CNY 51,126,859.46 in Q1 2018[41]. - Financing activities resulted in a net cash inflow of CNY 212,606,528.24 in Q1 2019, down from CNY 581,270,130.85 in Q1 2018[41]. Assets and Liabilities - Total assets increased by 9.47% to CNY 17.85 billion compared to the end of the previous year[7]. - The total assets of the company as of March 31, 2019, amounted to CNY 17.85 billion, up from CNY 16.31 billion at the end of 2018, indicating a growth of about 9.4%[29]. - The total liabilities increased to CNY 13.85 billion from CNY 12.64 billion at the end of 2018, reflecting a rise of approximately 9.6%[29]. - The company's total equity as of March 31, 2019, was CNY 4.00 billion, compared to CNY 3.67 billion at the end of 2018, showing an increase of about 9.0%[29]. - Total liabilities rose to ¥11,281,140,988.56 in Q1 2019, compared to ¥10,700,806,791.63 in Q1 2018, indicating an increase of 5.4%[33]. - Shareholders' equity totaled ¥4,194,758,750.65 in Q1 2019, up from ¥3,846,161,368.48 in Q1 2018, representing an increase of 9.1%[33]. Shareholder Information - The total number of shareholders reached 56,571, indicating a stable shareholder base[9]. - The largest shareholder, Nanjing Qixia Construction Group Co., Ltd., holds 34.37% of the shares, with 265 million shares pledged[9]. Investments and Projects - The company acquired a total of 176,523,702 shares of Palm Shares, representing 11.87% of its total share capital, after completing the share transfer registration[19]. - The company plans to acquire an additional 5% to 8% of Palm Shares, which could lead to becoming the controlling shareholder and significant asset restructuring[19]. - The company received a total of RMB 73,338,758.29 as compensation from the termination of the investment framework agreement related to Palm Shares[20]. - The company has ongoing projects in multiple locations, including Nanjing and Wuxi, with significant sales areas reported for Nanjing Yujing Bay and Wuxi Dongfang Tianjun[25]. - The company is focusing on expanding its market presence and enhancing its product offerings through new developments and strategic initiatives[25]. Inventory and Receivables - Significant increase in other receivables by 329.04% to CNY 597.55 million compared to the previous year[12]. - Prepayments increased by 35.43% to CNY 3.04 billion, reflecting growth in business operations[12]. - The total inventory as of March 31, 2019, was approximately CNY 10.82 billion, an increase from CNY 10.59 billion at the end of 2018[27].