荣安地产(000517) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥3,382,742,101.61, representing a 578.46% increase compared to ¥498,593,912.95 in the same period last year[10]. - Net profit attributable to shareholders was ¥161,285,381.74, a significant increase of 718.30% from ¥19,709,910.25 in the previous year[10]. - The net profit after deducting non-recurring gains and losses was ¥179,299,520.45, up 75.35% from ¥102,255,265.68 year-on-year[10]. - Basic earnings per share increased to ¥0.0507, a rise of 717.74% from ¥0.0062 in the same period last year[10]. - The company reported a net profit of ¥6.62 billion for the period, up from ¥6.46 billion, indicating a growth of approximately 2.5%[56]. - The company reported a significant recovery in net profit attributable to shareholders, which is CNY 161,285,381.74, compared to CNY 19,709,910.25 in the previous period[72]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥2,536,543,460.82, worsening by 633.11% compared to a net outflow of ¥345,998,902.30 in the previous year[10]. - Net cash flow from operating activities was negative at ¥-2,536,543,460.82, a decline of ¥2,190,544,558.52, mainly due to increased land payments[26]. - The net cash flow from operating activities was -3,034,767,730.96 yuan, compared to -707,367,758.81 yuan in the previous period, indicating a significant decline in cash generation[89]. - Total cash inflow from operating activities amounted to 44,735,289,599.37 yuan, up from 25,040,244,043.83 yuan year-over-year[89]. - Cash outflow from operating activities reached 47,770,057,330.33 yuan, compared to 25,747,611,802.64 yuan in the previous period, reflecting increased operational costs[89]. - The company experienced a net decrease in cash and cash equivalents of -861,579,623.03 yuan, compared to -165,917,480.38 yuan in the previous period[86]. Assets and Liabilities - Total assets at the end of the reporting period were ¥71,346,011,788.69, reflecting a 5.28% increase from ¥67,767,966,376.20 at the end of the previous year[10]. - The total liabilities of the company were ¥56.69 billion, slightly down from ¥57.24 billion, indicating a reduction of approximately 1%[54]. - The company's total equity increased to ¥14.66 billion from ¥10.53 billion, reflecting a significant growth of approximately 39.2%[56]. - The company's inventory increased to ¥51.00 billion from ¥49.16 billion, an increase of approximately 3.7%[48]. - The total current liabilities decreased to CNY 9,305,447,604.71 from CNY 14,188,457,071.64, a reduction of about 34.5%[63]. Investments and Expenses - Long-term equity investments increased by 133.10% to ¥4,990,797,794.62, attributed to the growth in cooperative projects and the number of associated companies[23]. - The company reported a significant increase in minority shareholders' equity by 170.76% to ¥6,287,193,952.57, due to additional investments from minority shareholders[23]. - The company experienced a 276.67% increase in selling expenses to ¥106,793,193.89, mainly due to increased marketing promotions and sales commissions[23]. - Investment income decreased by 266.59% to ¥-72,343,240.90, primarily due to reduced profits from cooperative projects and new projects being under construction[23]. - The company reported research and development expenses of CNY 33,543,790.86 for the first quarter of 2021, reflecting ongoing investment in innovation[66]. Shareholder Information - The top shareholder, Rong'an Group Co., Ltd., holds 47.93% of the shares, with a total of 1,525,939,995 shares[14]. - The net assets attributable to shareholders were ¥8,370,343,276.60, up 1.95% from ¥8,209,908,451.30 at the end of the last year[10]. - The weighted average return on net assets was 1.95%, an increase of 1.66% compared to 0.29% in the previous year[10]. Other Financial Metrics - The company reported no significant non-recurring gains or losses that would be classified as regular gains or losses during the reporting period[13]. - The company has no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[42]. - The company has no overdue or unrecoverable principal in its entrusted financial management activities[40].