Golden Bridge(SH:900911)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥4,276,929,232.94, representing a year-on-year increase of 67.76%[5] - The net profit attributable to shareholders for the same period was ¥1,372,025,799.31, reflecting a growth of 51.34% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,365,192,267.23, which is an increase of 54.03% year-on-year[5] - The basic earnings per share for Q1 2023 was ¥1.2224, up by 51.34% from the same period last year[5] - Operating profit for Q1 2023 was ¥1,835,743,598.12, up 50% from ¥1,224,185,403.54 in the same period last year[17] - Net profit for Q1 2023 amounted to ¥1,361,821,252.62, representing a year-over-year increase of 52.4% from ¥894,567,589.36[17] - In Q1 2023, the company reported a total comprehensive income of CNY 1,492,654,309.98, compared to CNY 532,931,513.30 in Q1 2022, representing an increase of approximately 180%[18] - Basic and diluted earnings per share for Q1 2023 were CNY 1.2224, up from CNY 0.8077 in Q1 2022, reflecting a growth of about 51.3%[18] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to ¥35,771,420,908.98, a 3.54% increase from the end of the previous year[6] - Total assets as of March 31, 2023, were ¥35,771,420,908.98, compared to ¥34,547,678,961.12 at the end of 2022, reflecting a growth of 3.5%[14] - Current assets increased to ¥18,559,151,562.00 from ¥16,646,656,286.68, marking a rise of 11.4%[13] - Total liabilities decreased to ¥18,581,622,992.09 from ¥19,290,535,354.21, a reduction of 3.7%[14] - The total assets increased to ¥23,202,424,270.19 in Q1 2023 from ¥20,236,019,525.38 in Q1 2022, marking an increase of approximately 14.7%[25] - The total liabilities rose to ¥11,010,037,988.11 in Q1 2023, up from ¥8,708,508,334.31 in Q1 2022, indicating a growth of about 26.8%[25] Cash Flow - The net cash flow from operating activities was negative at -¥1,105,529,359.72, which is not applicable for year-on-year comparison[5] - Cash inflow from operating activities in Q1 2023 was CNY 849,553,104.93, a decrease of approximately 52% from CNY 1,765,851,839.15 in Q1 2022[20] - The company reported a net cash outflow from operating activities of CNY -1,105,529,359.72 in Q1 2023, slightly improved from CNY -1,300,782,297.04 in Q1 2022[20] - The total cash outflow from operating activities was ¥274,309,101.18, compared to ¥265,908,551.88 in Q1 2022[28] - The company's cash flow from sales of goods and services in Q1 2023 was CNY 796,625,356.96, a significant decline from CNY 1,706,242,416.97 in Q1 2022, representing a decrease of approximately 53.3%[19] Investments and Financing - The company received government subsidies amounting to ¥3,528,748.24 during the reporting period[7] - The company raised CNY 3,219,340,400.00 from financing activities in Q1 2023, compared to CNY 1,000,000,000.00 in Q1 2022, marking a significant increase of approximately 221.9%[21] - Cash inflow from financing activities reached ¥2,464,000,000.00, up from ¥1,000,000,000.00 in Q1 2022[29] - The company received ¥1,464,000,000.00 in borrowings during Q1 2023, a significant increase from ¥100,000,000.00 in Q1 2022[29] Equity and Shareholder Information - Shareholders' equity attributable to the parent company reached ¥14,314,617,494.14, marking an 11.73% increase compared to the end of the previous year[6] - The company’s equity attributable to shareholders increased to ¥14,314,617,494.14 from ¥12,811,758,637.47, reflecting a growth of 11.7%[14] - The company's total equity reached ¥12,192,386,282.08 in Q1 2023, compared to ¥11,527,511,191.07 in Q1 2022, reflecting an increase of approximately 5.8%[25] Future Outlook - The significant increase in operating revenue is primarily attributed to the completion of the handover of the second phase of the Biyun Zun Residence project, which contributed to the revenue recognition[6] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[27]