Golden Bridge(SH:900911)2021-04-29 16:00Financial Performance - Operating revenue fell by 74.38% to CNY 408,974,928.98 from CNY 1,596,143,138.09 year-on-year[5] - Net profit attributable to shareholders decreased by 76.20% to CNY 104,091,645.96 compared to CNY 437,269,700.53 in the same period last year[5] - Basic and diluted earnings per share dropped by 71.27% to CNY 0.1134 from CNY 0.3947[5] - Operating revenue decreased by 74.38% to approximately CNY 408.97 million from CNY 1.60 billion due to the transfer of G1 Wealth Center construction project revenue in the previous period[10] - Operating costs fell by 75.01% to CNY 192.63 million, reflecting a decrease in sales revenue[10] - Other income increased by 98.31% to CNY 12.63 million, primarily due to government subsidies and tax deductions[10] - Investment income surged by 782.48% to CNY 18.42 million, mainly from increased interest income on financial products[10] - Total revenue for Q1 2021 was CNY 408,974,928.98, a significant decrease of 74.5% compared to CNY 1,596,143,138.09 in Q1 2020[21] - Operating profit for Q1 2021 was CNY 165,593,582.74, a decline of 72.0% compared to CNY 594,159,583.73 in Q1 2020[21] - The company's operating revenue for Q1 2021 was CNY 213,098,947.54, representing an increase of 53.4% compared to CNY 138,773,406.48 in Q1 2020[24] - The net profit for Q1 2021 was CNY 58,750,713.91, up from CNY 50,044,100.91 in Q1 2020, reflecting a growth of 17.1%[24] - The total profit for Q1 2021 was CNY 78,503,638.15, compared to CNY 54,319,596.23 in Q1 2020, indicating an increase of 44.6%[24] - The operating profit for Q1 2021 was CNY 78,983,638.15, compared to CNY 54,568,696.23 in Q1 2020, showing an increase of 44.7%[24] - The company reported a significant other comprehensive loss of CNY -278,609,040.95 in Q1 2021, compared to CNY -197,028,055.12 in Q1 2020[25] Cash Flow - Cash flow from operating activities improved by 59.97%, reaching -CNY 670,387,107.70, compared to -CNY 1,674,727,826.03 in the previous year[5] - Cash flow from operating activities improved by CNY 1.00 billion, reaching CNY -670.39 million compared to CNY -1.67 billion in the previous year[12] - Cash flow from investing activities increased by 792.57% to CNY 1.04 billion, driven by the redemption of maturing financial products[12] - Cash flow from financing activities decreased by 107.94% to CNY -137.66 million, primarily due to repayment of bank loans[12] - Cash inflow from financing activities totaled 408,280,000.00 RMB, down from 2,286,710,000.00 RMB year-over-year[29] - The net cash flow from financing activities was -137,655,616.34 RMB, a decline from 1,732,888,715.67 RMB in the previous year[29] - The net cash flow from operating activities improved to 281,006,760.48 RMB from -305,385,109.66 RMB in the previous year[30] - Cash flow from operating activities for Q1 2021 was CNY 431,924,612.97, compared to CNY 395,145,573.35 in Q1 2020, reflecting an increase of 9.3%[27] - The net cash flow from investment activities was 1,039,751,278.46 RMB, compared to 116,489,426.94 RMB in the same quarter last year[28] Assets and Liabilities - Total assets decreased by 3.03% to CNY 29,121,031,764.35 compared to the end of the previous year[5] - The company's financial assets decreased by 31.52% due to the redemption of wealth management products[9] - Accounts payable decreased by 30.11% to CNY 942,592,463.12, primarily due to reduced progress payments for projects[9] - Total assets decreased to CNY 29.12 billion from CNY 30.03 billion, reflecting a decline in current and non-current assets[14] - Current liabilities decreased to CNY 11.09 billion from CNY 11.81 billion, with a notable reduction in accounts payable[15] - Long-term borrowings increased to CNY 3.18 billion from CNY 3.12 billion, indicating a slight rise in long-term financial obligations[15] - Total liabilities as of March 31, 2021, were CNY 7,681,610,366.58, down from CNY 8,122,203,135.07 at the end of 2020[20] - Shareholders' equity totaled CNY 10,534,821,158.77 as of March 31, 2021, compared to CNY 10,754,679,485.81 at the end of 2020[20] Shareholder Information - The number of shareholders at the end of the reporting period was 66,640[6] - The largest shareholder, Shanghai Jinqiao (Group) Co., Ltd., holds 49.37% of the shares[6]