BEH-P(SH:600791)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,701,639,891.57, representing a year-on-year increase of 114.23%[6] - The net profit attributable to shareholders of the listed company was a loss of CNY 42,833,379.69, with a basic earnings per share of -0.09 yuan[6] - The net cash flow from operating activities was CNY 2,132,184,522.50, indicating a significant cash inflow[6] - The company reported a significant decrease in signed area for the project "京能·天下川," with a drop of 84.62% in the total area under construction[15] - The net profit for Q1 2023 was a loss of ¥39,097,489.41, compared to a loss of ¥5,572,675.45 in Q1 2022, reflecting a deterioration in profitability[28] - Sales revenue from goods and services received in Q1 2023 was ¥2,623,166,455.89, compared to ¥688,789,201.37 in Q1 2022, marking an increase of approximately 280.5%[31] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 20,320,156,228.40, up 0.82% from the end of the previous year[7] - The company's total liabilities increased to ¥14,660,897,671.64 from ¥14,419,527,043.18, marking an increase of about 1.67%[24] - The company's non-current liabilities totaled ¥7,607,134,201.40, an increase from ¥6,922,164,552.57, reflecting a growth of approximately 9.9%[24] - The company's inventory decreased to ¥15,313,833,557.70 from ¥16,622,000,666.71, representing a reduction of approximately 7.87%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,293[11] - The largest shareholder, Beijing Energy Group Co., Ltd., holds 204,983,645 shares, accounting for 45.26% of total shares[11] - The company reported a total of 3,490,000 shares held by shareholder Li Huiqiu through a normal account[12] - The company has a total of 2,371,600 shares held by shareholder He Fang through a credit guarantee account[12] - The company has reported a total of 3,395,897 shares held by shareholder Li Zhuo through a normal account[12] Cash Flow and Financing - As of March 31, 2023, the company's cash and cash equivalents amounted to ¥3,098,134,716.50, an increase from ¥1,576,863,063.87 as of December 31, 2022, indicating a significant liquidity improvement[22] - Total financing cash inflow for Q1 2023 was ¥931,508,381.32, down from ¥4,049,520,749.78 in Q1 2022[32] - The company incurred financial expenses of ¥27,107,974.53 in Q1 2023, compared to ¥16,197,297.17 in Q1 2022, indicating an increase of about 67.5%[27] Operational Insights - The company experienced a decrease in gross profit margins for newly completed projects compared to older projects, impacting net profit[9] - The cash flow expenditure for land reserves decreased compared to the previous period, contributing to the positive cash flow from operating activities[9] - The company has no new land reserves or new construction areas during the reporting period, indicating a focus on existing projects[21] - The company is focusing on expanding its real estate development and operations, with specific projects under review[14] Future Plans - The company plans to issue A-shares to specific investors, with a detailed proposal approved by the board[13] - The company has approved a plan to adjust the transfer listing price for assets related to Tianchuang Technology Building[13] - The company has outlined a three-year shareholder dividend return plan for 2023-2025[13]