绿地控股(600606) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was approximately ¥78.81 billion, representing a decrease of 17.87% compared to the same period last year[4]. - The net profit attributable to shareholders for Q1 2023 was approximately ¥1.99 billion, down 21.83% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥1.27 billion, a decline of 51.35% compared to the previous year[4]. - The total profit amounted to 3.3 billion yuan, with a net profit attributable to shareholders of 2.0 billion yuan[10]. - The net profit attributable to the parent company for Q1 2023 was approximately ¥1.99 billion, a decrease from ¥2.55 billion in Q1 2022, representing a decline of about 22%[20]. - Total comprehensive income for Q1 2023 was approximately ¥2.60 billion, down from ¥3.34 billion in Q1 2022, reflecting a decrease of around 22%[20]. - Net profit for Q1 2023 was ¥2,395,036,823.86, a decline of approximately 24.3% from ¥3,165,243,568.75 in Q1 2022[19]. Cash Flow - The net cash flow from operating activities for Q1 2023 was approximately ¥1.27 billion, reflecting a decrease of 51.75% year-on-year[4]. - Cash flow from operating activities in Q1 2023 was approximately ¥1.27 billion, significantly lower than ¥2.62 billion in Q1 2022, indicating a decline of about 52%[21]. - The total cash inflow from operating activities in Q1 2023 was approximately ¥116.55 billion, down from ¥146.52 billion in Q1 2022, indicating a decline of about 20%[21]. - The total cash outflow from operating activities in Q1 2023 was approximately ¥115.28 billion, compared to ¥143.89 billion in Q1 2022, showing a decrease of about 20%[21]. - Cash inflow from investment activities for Q1 2023 was approximately ¥2.84 billion, compared to ¥1.85 billion in Q1 2022, showing an increase of about 54%[22]. - Cash outflow from investment activities in Q1 2023 was approximately ¥3.62 billion, down from ¥4.31 billion in Q1 2022, representing a decrease of about 16%[22]. - Net cash flow from financing activities for Q1 2023 was approximately -¥4.45 billion, an improvement from -¥12.24 billion in Q1 2022[22]. - The ending balance of cash and cash equivalents as of Q1 2023 was approximately ¥39.12 billion, down from ¥49.51 billion at the end of Q1 2022, a decrease of about 21%[22]. Assets and Liabilities - The total assets at the end of Q1 2023 were approximately ¥1.34 trillion, a decrease of 2.14% from the end of the previous year[4]. - The company reported a decrease in total assets to ¥1,336,156,711,999.84 from ¥1,365,321,059,373.27, representing a reduction of about 2.1%[17]. - The company’s total liabilities amounted to ¥1,169,932,979,380.67, down from ¥1,201,051,176,996.98, indicating a decrease of about 2.6%[17]. - The total liabilities as of March 31, 2023, were ¥2,186,825,007.68, reflecting a stable financial position[25]. - The company had current liabilities totaling ¥2,186,825,007.68 as of March 31, 2023[25]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 132,712, with no preferred shareholders[7]. - The top three shareholders held a combined total of approximately 10.15 billion shares, representing 72.25% of the total shares outstanding[9]. Sector Performance - The real estate sector generated revenue of 28.9 billion yuan, while the infrastructure sector contributed 41.0 billion yuan[10]. - The infrastructure sector signed new contracts worth 69.7 billion yuan, including major projects totaling 2.0 billion yuan, 1.7 billion yuan, and 1.6 billion yuan[12]. Equity and Return Metrics - The equity attributable to shareholders at the end of Q1 2023 was approximately ¥92.85 billion, an increase of 2.43% compared to the end of the previous year[4]. - The weighted average return on equity for Q1 2023 was 2.33%, a decrease of 0.47 percentage points year-on-year[4]. - The average return on equity was 2.33%[10]. - The company’s total equity increased to ¥166,223,732,619.17 from ¥164,269,882,376.29, reflecting a growth of about 1.2%[17]. Strategic Initiatives - The company aims to enhance project value and profitability through effective price management and cost reduction strategies[11]. - The company plans to enhance its market expansion strategies and invest in new technologies to drive future growth[18]. Research and Development - Research and development expenses for Q1 2023 were ¥225,371,723.36, an increase from ¥201,083,647.04 in Q1 2022, reflecting a growth of approximately 12.1%[18].