平潭发展(000592) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥260,151,029.31, a decrease of 3.69% compared to ¥270,117,600.02 in the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥3,071,705.47, representing a decline of 106.49% from a loss of ¥1,487,577.78 in the previous year[3]. - Total operating revenue for Q1 2023 was CNY 260,151,029.31, a decrease of 3.57% compared to CNY 270,117,600.02 in Q1 2022[16]. - Net loss for Q1 2023 was CNY 4,510,717.32, compared to a net loss of CNY 1,321,606.64 in Q1 2022, representing an increase in loss of 241.5%[16][17]. - The total equity attributable to shareholders of the parent company was CNY 2,364,590,700.07, a slight decrease from CNY 2,367,662,405.54 in Q1 2022[15]. Cash Flow - The net cash flow from operating activities increased significantly by 379.17%, reaching ¥84,642,986.62 compared to ¥17,664,509.24 in Q1 2022[3]. - Cash inflow from operating activities in Q1 2023 was CNY 277,772,532.08, down from CNY 325,742,504.08 in Q1 2022[18]. - Cash inflow from financing activities amounted to ¥20,000,000.00, with a net cash flow of ¥19,489,097.00, recovering from a negative cash flow of -¥600,000.00 in the previous year[19]. - The total cash and cash equivalents at the end of the period were ¥497,196,343.50, an increase from ¥471,701,318.60 year-over-year, indicating a solid liquidity position[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,116,976,908.25, showing a slight increase of 0.28% from ¥4,105,662,461.31 at the end of the previous year[3]. - Total liabilities amounted to CNY 1,837,543,069.05, an increase from CNY 1,821,717,904.79 year-over-year[15]. - The total current assets amounted to RMB 3,331,317,958.65, slightly up from RMB 3,314,226,552.89 at the beginning of the year, indicating a marginal increase of 0.5%[13]. Research and Development - The company's R&D expenses decreased by 41.15% to ¥708,329.32 from ¥1,203,593.77 in the same period last year[6]. - Research and development expenses for Q1 2023 were CNY 708,329.32, a decrease of 41.3% from CNY 1,203,593.77 in the previous year[16]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 98,013, with the largest shareholder holding 17.13% of the shares[7]. - The total equity attributable to shareholders decreased slightly by 0.13% to ¥2,364,590,700.07 from ¥2,367,662,405.54 at the end of the previous year[3]. Legal Matters - The company is involved in a legal dispute with Evergrande Real Estate Fuzhou Company regarding unpaid equity transfer payments totaling RMB 48.03 million, with a court ruling in favor of the company[10]. - The company has not yet received a notice from the Guangdong High Court regarding the second-instance filing related to the ongoing litigation with Evergrande[11]. Projects and Investments - The company has a significant project, the Zhongfu Haixia Building Materials City, with a total construction area of approximately 322,000 square meters, which has been repurposed for residential, commercial, and hotel office use[9]. - The company holds a 49% equity stake in the Zhongfu Haixia Building Materials City and Zhongfu Haixia Real Estate projects, which are being developed in collaboration with Evergrande Real Estate[9]. - The company has completed the first phase of the Zhongfu Haixia Plaza project, with a commercial building area of about 52,000 square meters[9]. Financial Management - The financial expenses showed a significant increase of 125.08%, with a net expense of -¥2,164,259.28 compared to -¥961,548.61 in Q1 2022[6]. - The company paid ¥28,448,508.97 to employees, reflecting a slight decrease from ¥30,268,900.88 in the previous year, which may indicate cost management efforts[19]. - The cash paid for taxes was ¥6,405,073.19, slightly higher than ¥6,207,701.46 in the previous year, showing stable tax obligations[19]. Investment Activities - Total cash inflow from investment activities reached ¥910,386,886.32, compared to ¥762,229,057.92 in the same period last year, indicating a strong investment recovery[19]. - The net cash flow from investment activities was ¥81,293,387.77, down from ¥147,519,527.26 year-over-year, suggesting a shift in investment strategy[19]. - Cash outflow for investment activities was ¥829,093,498.55, compared to ¥614,709,530.66 last year, indicating increased capital expenditures[19]. - The company received ¥908,000,000.00 from investment recoveries, up from ¥758,500,000.00 in the previous year, highlighting successful divestments or recoveries[19]. Audit Status - The report for the first quarter was not audited, which may affect the perceived reliability of the financial data presented[20].