2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 reached CNY 4,185,000,121, representing a year-on-year increase of 79.88%[5] - The net profit attributable to shareholders was CNY 32,669,170, showing a slight increase of 1.92% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 84.05%, amounting to CNY 4,433,452[5] - The total profit for Q1 2023 was ¥70,161,278, an increase from ¥65,580,050 in Q1 2022, representing an increase of approximately 2.6%[22] - Net profit for Q1 2023 reached ¥48,146,359, compared to ¥36,090,083 in Q1 2022, marking a significant increase of approximately 33.4%[22] Cash Flow - The net cash flow from operating activities was CNY 850,017,542, down by 17.18% year-on-year[5] - The company's cash flow from operating activities showed a significant decline, indicating potential liquidity challenges moving forward[5] - The net cash flow from operating activities for Q1 2023 was ¥850,017,542, down from ¥1,026,366,659 in Q1 2022, indicating a decrease of about 17.2%[24] - The total operating cash inflow for Q1 2023 was ¥4,145,331,965, a decrease from ¥4,859,559,110 in Q1 2022, representing a decline of about 14.7%[24] Assets and Liabilities - The total assets at the end of the reporting period were CNY 67,991,231,375, an increase of 1.06% from the end of the previous year[5] - Total assets as of March 31, 2023, amounted to RMB 67,991,231,375, up from RMB 67,280,220,550 at the end of 2022[17] - Total liabilities increased to RMB 51,983,380,506 as of March 31, 2023, compared to RMB 51,320,516,040 at the end of 2022[18] - The total assets increased to ¥46,284,002,878 in Q1 2023 from ¥43,278,944,841 in Q1 2022, representing a growth of 6.9%[30] - Total liabilities rose to ¥36,039,032,732 in Q1 2023, compared to ¥33,085,003,514 in Q1 2022, marking an increase of 8.8%[30] Inventory and Reserves - The company had no new real estate reserves during the reporting period, maintaining a total land reserve of 4,755,600 square meters[12] - Inventory decreased to RMB 36,955,287,724 as of March 31, 2023, from RMB 39,603,146,320 at the end of 2022, indicating a reduction of about 6.7%[16] Investment and Financing - The company reported an investment income of RMB 34,666,800 in Q1 2023, a recovery from a loss of RMB 546,089 in Q1 2022[21] - The company reported cash inflow from financing activities of ¥4,618,720,358 in Q1 2023, compared to ¥1,246,382,493 in Q1 2022, showing a substantial increase of approximately 270.5%[25] - Cash flow from financing activities resulted in a net inflow of ¥2,941,441,044, compared to a net outflow of ¥1,667,698,823 in Q1 2022[36] Operating Segments - The company reported a total operating income of CNY 9,203,000 from the conference center segment, CNY 15,164,000 from the hotel segment, and CNY 19,486,000 from the office and commercial segments[13] - The sales area achieved was 159,900 square meters, up 15.45% year-on-year, while the sales amount was CNY 2.279 billion, down 23.93%[12] Equity and Earnings - The company's equity attributable to shareholders reached RMB 12,819,375,211 as of March 31, 2023, compared to RMB 12,786,706,041 at the end of 2022[18] - The total equity increased to ¥10,244,970,146 in Q1 2023 from ¥10,193,941,327 in Q1 2022, reflecting a slight growth of 0.5%[30] - The basic and diluted earnings per share for Q1 2023 remained at ¥0.01, consistent with Q1 2022[22]