EBJB(SH:600622)2021-04-29 16:00Financial Performance - Operating revenue decreased by 33.24% to CNY 548.96 million year-on-year[5] - Net profit attributable to shareholders decreased by 60.50% to CNY 34.89 million compared to the same period last year[5] - Basic earnings per share decreased by 66.67% to CNY 0.02 per share[5] - Total operating revenue for Q1 2021 was CNY 548,955,282.73, a decrease of 33.2% compared to CNY 822,274,461.20 in Q1 2020[26] - Net profit for Q1 2021 was a loss of CNY 27,290,354.50, compared to a profit of CNY 80,142,668.17 in Q1 2020[27] - The company reported a total comprehensive income of CNY -26,890,297.74 for Q1 2021, significantly lower than CNY 81,164,882.26 in Q1 2020[27] - Basic and diluted earnings per share for Q1 2021 were CNY 0.02, down from CNY 0.06 in Q1 2020[27] Assets and Liabilities - Total assets increased by 4.14% to CNY 35.28 billion compared to the end of the previous year[5] - Total liabilities reached ¥25.47 billion, up from ¥23.93 billion, marking an increase of around 6.48%[20] - Current assets totaled ¥14.46 billion, slightly down from ¥14.61 billion at the end of 2020, indicating a decrease of about 1.01%[20] - Non-current assets increased to ¥20.82 billion from ¥19.27 billion, reflecting a growth of approximately 7.99%[20] - The company's equity attributable to shareholders was ¥6.72 billion, slightly down from ¥6.68 billion, a decrease of about 0.73%[21] - Total liabilities and equity amounted to CNY 12,340,234,386.73 as of the end of Q1 2021, an increase from CNY 12,148,152,813.79 at the end of Q1 2020[25] Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 702.52 million, compared to a negative CNY 70.71 million in the previous year[5] - In Q1 2021, the company reported a net cash flow from operating activities of ¥702,524,946.46, a significant improvement compared to a net outflow of ¥70,710,467.63 in Q1 2020[31] - Total cash inflow from operating activities reached ¥1,842,452,044.53, up from ¥705,377,925.09 in the same period last year, indicating a growth of approximately 161.5%[31] - The net cash flow from financing activities was negative at ¥304,263,269.84, contrasting with a positive net flow of ¥11,907,463.84 in the previous year[32] Shareholder Information - The total number of shareholders reached 39,889 by the end of the reporting period[10] - The largest shareholder, Beijing Guangkong Anyu Investment Center, holds 14.10% of the shares[10] Investment and Financing Activities - The company plans to issue asset-backed special plans totaling up to ¥1.7 billion to optimize capital structure and reduce financing costs[12] - The company is also seeking to register and issue project revenue notes not exceeding ¥1.7 billion to enhance financing channels[13] - The company issued bonds totaling ¥1 billion at an interest rate of 5.3% with a term of 2+1 years[14] - The company completed the repayment of principal and interest for a previous bond issuance amounting to ¥10.52 billion[14] Operational Costs and Expenses - Operating revenue decreased by ¥27,331.92 million, a decline of 33.24%, primarily due to reduced sales revenue from real estate development[11] - Sales expenses increased by ¥2,512.38 million, a surge of 291.77%, due to the inclusion of the Chongqing Daluohui project in the consolidated financial statements[11] - The company incurred financial expenses of CNY 122,000,449.78 in Q1 2021, compared to CNY 109,992,959.63 in Q1 2020[26] - The company reported a decrease in management expenses to CNY 71,677,776.52 in Q1 2021 from CNY 60,462,807.66 in Q1 2020[26] Other Financial Metrics - Non-recurring gains and losses totaled CNY 5.52 million for the period[7] - The weighted average return on net assets decreased by 0.85 percentage points to 0.52%[5] - Investment income for Q1 2021 was CNY 1,453,890.81, a decrease from CNY 56,669.70 in Q1 2020[26] - Other comprehensive income after tax for Q1 2021 was CNY 400,056.76, down from CNY 1,022,214.09 in Q1 2020[27] Project Management - A total of 40 projects are under management in the real estate asset management business, with a managed scale of ¥471.88 billion[12] - Investment properties increased by ¥236,555.84 million, a growth of 39.78%, mainly due to the completion of the Chongqing Daluohui project and the transfer of the Everbright Anshi Center construction project to investment properties[11]