L&T City(SH:600790)2021-04-27 16:00Financial Performance - Operating revenue for the period was CNY 192,122,660.39, down 1.57% year-on-year[8]. - Net profit attributable to shareholders of the listed company rose by 6.21% to CNY 68,522,010.35[8]. - Basic earnings per share increased by 6.14% to CNY 0.0467[8]. - The total comprehensive income attributable to the parent company was ¥73,731,228.01, a significant recovery from a loss of ¥204,219,790.32 in the previous year[21]. - Investment income increased by 67.28% to ¥22,587,988.61 from ¥13,503,180.42, mainly due to increased profits from Huiji Mountain[21]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,399,744,152.28, a decrease of 1.07% compared to the end of the previous year[8]. - Net assets attributable to shareholders of the listed company increased by 1.29% to CNY 5,794,934,364.99[8]. - Accounts receivable increased by 88.75% to ¥3,707,232.00 from ¥1,964,066.33, mainly due to an increase in property management fees[18]. - Prepayments surged by 909.33% to ¥3,629,332.02 from ¥359,577.23, primarily due to new market procurement project payments[18]. - Construction in progress rose by 229.36% to ¥3,297,421.62 from ¥1,001,154.49, mainly due to new fire alarm renovation projects in the northern market[18]. Cash Flow - The net cash flow from operating activities was CNY -48,309,757.81, showing an improvement from CNY -53,688,907.66 in the same period last year[8]. - Net cash flow from operating activities improved by ¥5,379,149.85, reflecting higher rental income collected compared to the previous period[21]. Shareholder Information - The total number of shareholders at the end of the reporting period was 35,302[14]. - The largest shareholder, Shaoxing Keqiao District Development and Management Group Co., Ltd., held 37.75% of the shares[14]. Government Support and Investments - The company received government subsidies amounting to CNY 843,844.67 during the reporting period[11]. - The company plans to invest approximately ¥31.72 billion in the construction of a digital logistics port project in Shaoxing, Zhejiang[24]. - The company received a first installment of ¥5.5 million for relocation compensation related to the renovation of the Qiantang Bridge[24]. Financial Management - Financial expenses decreased by ¥1,762,567.83, reflecting a reduction in deposit interest income compared to the previous period[21]. - The weighted average return on net assets increased by 0.07 percentage points to 1.19%[8]. Equity Investments - The company holds a 0.25% stake in Ruifeng Bank, which recently received approval for its A-share IPO[22].