Hua Yuan Property(SH:600743)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 92,990,000, a decrease of 38.30% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY -6,034,320, representing a decline of 373.38% year-over-year[5]. - The basic earnings per share were CNY -0.026, down 388.89% from the previous year[5]. - Total operating revenue for Q1 2022 was ¥929,900,005.82, a decrease of 38.3% compared to ¥1,507,130,456.50 in Q1 2021[17]. - Net profit for Q1 2022 was a loss of ¥67,109,256.80, compared to a profit of ¥17,998,311.11 in Q1 2021, representing a significant decline[18]. - The company reported a gross profit margin of -7.1% in Q1 2022, compared to 1.9% in Q1 2021[17]. - The net profit for Q1 2022 was reported at -¥1,593,219.95, an improvement from -¥18,885,089.65 in Q1 2021[28]. - The total comprehensive income for Q1 2022 was -¥1,593,219.95, compared to -¥18,885,089.65 in Q1 2021, showing an improvement in losses[29]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,496,601,070, a decrease of 2.29% from the end of the previous year[5]. - The total assets of the company amounted to ¥54,966,010,694.27, a decrease from ¥56,251,816,093.11 as of December 31, 2021, reflecting a decline of approximately 2.28%[14]. - The company's total liabilities were ¥8,884,261,479.17 as of March 31, 2022, down from ¥9,316,387,174.60 at the end of 2021[26]. - The total current liabilities decreased to ¥33,210,041,515.17 from ¥34,649,320,034.95, representing a reduction of approximately 4.16%[14]. - The total non-current liabilities decreased to ¥10,852,009,977.39 from ¥11,173,145,184.11, a decline of approximately 2.88%[14]. Cash Flow - The net cash flow from operating activities was CNY -1,849,560, with no applicable comparison due to the nature of the data[5]. - The net cash flow from operating activities for Q1 2022 was -¥18,495,614.28, an improvement from -¥109,559,159.70 in Q1 2021[20]. - The total cash inflow from operating activities was ¥962,370,487.34, significantly lower than ¥7,333,298,212.46 in the same period last year, indicating a decline of approximately 86.9%[31]. - The company reported a significant reduction in cash received from operating activities, indicating potential challenges in revenue generation[31]. - The cash outflow for operating activities was ¥394,352,379.68 in Q1 2022, compared to ¥6,210,295,241.57 in Q1 2021, indicating a substantial decrease in operational expenses[31]. Shareholder Information - The company had a total of 45,718 common shareholders at the end of the reporting period[9]. - The largest shareholder, Beijing Huayuan Group Co., Ltd., held 1,088,584,808 shares, accounting for 46.40% of the total shares[9]. Equity - The equity attributable to shareholders increased by 4.84% to CNY 1,042,128,080 compared to the end of the previous year[5]. - The total equity attributable to shareholders increased to ¥10,421,280,804.06 from ¥9,939,906,384.96, reflecting an increase of approximately 4.84%[14]. - The company’s total equity as of March 31, 2022, was ¥4,411,826,167.00, a marginal decrease from ¥4,413,419,386.95 at the end of 2021[26]. Operational Challenges - The decrease in operating revenue was primarily due to a reduction in properties that met revenue recognition criteria compared to the previous year[7]. - The company experienced a net cash outflow from financing activities of ¥1,916,868,449.03 in Q1 2022, compared to a smaller outflow of ¥946,198,204.35 in Q1 2021[22]. - The company’s cash flow situation reflects a need for strategic adjustments to improve liquidity and operational efficiency moving forward[32]. - The company has not reported any new product developments or market expansions in the current quarter[33].