2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 62.67 billion, a 0.65% increase compared to CNY 62.26 billion in the same period last year[4]. - Net profit attributable to shareholders for Q1 2022 was CNY 1.43 billion, representing a 10.58% increase from CNY 1.29 billion year-on-year[4]. - Basic and diluted earnings per share for Q1 2022 were CNY 0.1229, up 10.52% from CNY 0.1112 in the same quarter last year[4]. - The company achieved operating revenue of 62.67 billion RMB, a year-on-year increase of 0.6%[15]. - The net profit attributable to shareholders was 1.43 billion RMB, reflecting a year-on-year growth of 10.6%[15]. - Total comprehensive income for the current period was ¥2.24 billion, down from ¥2.60 billion in the previous period, a decrease of 13.7%[28]. Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 13.26 billion, a significant decrease of 178.55% compared to a positive CNY 16.88 billion in the previous year[4]. - Cash flow from operating activities showed a net outflow of ¥13.26 billion, contrasting with a net inflow of ¥16.88 billion in the previous period[30]. - The company reported a cash balance of approximately 141.78 billion RMB, down from 149.35 billion RMB at the end of 2021[24]. - Cash and cash equivalents at the end of the period totaled ¥137.45 billion, down from ¥188.67 billion at the end of the previous period[31]. Assets and Liabilities - Total assets at the end of Q1 2022 amounted to CNY 1.95 trillion, a 0.45% increase from CNY 1.94 trillion at the end of the previous year[4]. - The total liabilities as of March 31, 2022, were approximately 1.55 trillion RMB, slightly up from 1.54 trillion RMB at the end of 2021[26]. Business Segments Performance - The real estate development business recorded a settlement area of 3.747 million square meters, contributing 49.34 billion RMB in revenue, a decrease of 6.9% year-on-year[15]. - The logistics and warehousing business achieved revenue of 870 million RMB, a year-on-year increase of 39%[19]. - The leasing residential business generated revenue of 700 million RMB, reflecting a year-on-year growth of 12.8%[20]. - The commercial development and operation segment reported revenue of 2.11 billion RMB, up 17.6% year-on-year, with the managed projects by Yinyi Group contributing 1.42 billion RMB, a 16% increase[21]. Investments and Projects - The company added 6 new development projects with a total planned construction area of 1.458 million square meters[16]. - The company expanded its logistics and warehousing operations with new projects adding 392,000 square meters of leasable area[19]. - The company’s AIoT and BPaaS solutions gained multiple new enterprise clients, with its subsidiary recognized as a national high-tech enterprise[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 537,477, with 537,417 being voting shareholders[10]. - The company plans to repurchase A-shares with a total fund not exceeding 2.5 billion RMB and not less than 2 billion RMB, with a repurchase price capped at 18.27 RMB per share[22]. Other Financial Metrics - The company maintained a net debt ratio of 34.6% and held cash of 141.78 billion RMB, covering short-term borrowings 2.6 times[15]. - The company reported a decrease in total operating costs to ¥59.22 billion, up from ¥58.70 billion in the previous period, indicating a cost increase of 0.89%[27]. - Research and development expenses increased to ¥147.72 million, compared to ¥127.45 million in the previous period, reflecting a growth of 15.9%[27]. - The company reported a 49.03% increase in trading financial assets, rising to CNY 30.68 million due to increased financial products[7]. - The goodwill increased by 41.24% to CNY 539.85 million, influenced by the acquisition of Huan Shan Group[7].