DIMA(SH:600565)2019-04-29 16:00Financial Performance - Net profit attributable to shareholders increased by 22.81% to CNY 140,995,506.24 year-on-year[6] - Operating revenue for the period was CNY 1,279,897,151.37, a slight increase of 0.78% compared to the same period last year[6] - The net profit excluding non-recurring gains and losses surged by 80.15% to CNY 136,046,271.39 compared to the same period last year[6] - Basic earnings per share increased by 20.00% to CNY 0.06 per share[6] - The company reported a net profit margin of 2.51% for the first quarter, reflecting strong operational efficiency[12] - The project "Jiangshan Yuyue" achieved a total revenue of 932.065 million, with a profit margin of 59.82%[13] - The project "East Original 1891" reported a total revenue of 303.876 million, with a profit margin of 28.65%[13] - The company reported a significant increase in prepayments, which rose to CNY 963.74 million from CNY 670.50 million, marking an increase of about 43.6%[28] - The company’s investment income decreased by 33.49% to RMB 19.98 million due to reduced earnings from non-consolidated cooperative projects[20] Assets and Liabilities - Total assets increased by 9.00% to CNY 64,161,321,397.03 compared to the end of the previous year[6] - The company's current assets totaled CNY 58.36 billion, up from CNY 52.94 billion, indicating an increase of about 10.5% year-over-year[28] - Total liabilities reached CNY 51.64 billion, up from CNY 47.35 billion, representing an increase of about 9.7%[30] - The company's short-term borrowings surged to CNY 1.34 billion from CNY 485 million, indicating a substantial increase of approximately 176.5%[29] - The total equity attributable to shareholders rose to CNY 8.42 billion from CNY 8.27 billion, reflecting a growth of about 1.8%[30] - Total liabilities amounted to ¥47,349,720,299.71, with current liabilities at ¥40,604,344,130.86 and non-current liabilities at ¥6,745,376,168.85[50] Cash Flow - The net cash flow from operating activities was negative at CNY -1,409,085,900.98, a decrease of 295.34% year-on-year[6] - The cash flow from operating activities showed a significant decline, with a net outflow of RMB 1.41 billion, a decrease of 295.34% compared to the previous year[20] - The cash flow from operating activities in Q1 2019 was negative at -¥1,409,085,900.98, compared to a positive cash flow of ¥721,347,595.10 in Q1 2018[44] - The company reported cash inflow from investment activities of ¥2,575,440.00 in Q1 2019, a decrease from ¥412,528,251.50 in Q1 2018[46] Projects and Developments - The company has ongoing projects with a total planned construction area of 3,758,380 square meters[10] - The company has 46 ongoing projects, indicating a robust pipeline for future growth[13] - The company plans to expand its market presence through new residential and commercial developments in key cities[13] - The total available area for sale across various projects is 1,541,800 square meters, with a pre-sold area of 9,021,401 square meters[17] - The project "东原晴天见" in Wuhan has a pre-sold area of 139,778 square meters, while "湖光里" has 246,659 square meters[15] Shareholder Information - The total number of shareholders at the end of the reporting period is 89,853[18] - The largest shareholder, Chongqing Dongyin Holding Group Co., Ltd., holds 885,737,591 shares, accounting for 37.39% of the total shares[18] Expenses - Sales expenses rose by 22.48% to RMB 118.66 million, attributed to increased marketing costs for real estate projects[20] - The company incurred sales expenses of ¥6,271,847.01 in Q1 2019, compared to ¥5,199,747.01 in Q1 2018, indicating a rise in operational costs[40] - The company’s tax expenses for Q1 2019 were CNY 44,435,537.86, compared to CNY 56,701,220.97 in Q1 2018, showing a reduction of approximately 21.5%[37]