顺发恒业(000631) - 2019 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2019 was ¥217,312,812.76, a decrease of 70.66% compared to ¥740,711,635.42 in the same period last year[10] - Net profit attributable to shareholders was ¥214,253,758.62, down 45.23% from ¥391,183,119.34 year-on-year[10] - Basic earnings per share decreased by 43.75% to ¥0.09 from ¥0.16 in the same period last year[10] - Operating revenue fell by 70.66% to ¥217,312,812.76 from ¥740,711,635.42, primarily due to a decrease in property delivery revenue[22] - Net profit for the current period is ¥224,202,521.14, a decline of 42.6% from ¥390,725,289.75 in the previous period[63] - The total profit for the current period is ¥242,130,903.42, down 49.3% from ¥477,138,132.38 in the previous period[63] - Basic and diluted earnings per share for the current period are both ¥0.09, compared to ¥0.16 in the previous period[66] - The company reported a decrease in tax expenses to ¥17,928,382.28 from ¥86,412,842.63, a reduction of 79.2%[63] - The total comprehensive income for the current period is ¥217,845,008.90, down 43.1% from ¥382,864,762.41 in the previous period[63] Cash Flow - Net cash flow from operating activities was negative at ¥16,781,475.54, a decline of 119.46% compared to ¥86,218,927.41 in the previous year[10] - Cash generated from operating activities is ¥183,382,802.33, a decrease of 70.7% from ¥625,402,580.99 in the previous period[71] - The net cash flow from operating activities was -16,781,475.54 CNY, a decrease compared to 86,218,927.41 CNY in the previous period[74] - The net cash flow from investing activities was -706,964,652.63 CNY, compared to -244,889,132.29 CNY in the previous period[74] - The net cash flow from financing activities was -1,283,771,423.61 CNY, significantly higher than -84,382,222.22 CNY in the previous period[77] - The company reported a decrease in cash flow from operating activities due to increased payments to employees and taxes[74] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,729,842,728.68, a decrease of 15.05% from ¥12,630,428,765.37 at the end of the previous year[10] - Total current assets decreased to ¥9,624,054,231.89 from ¥11,095,460,044.47, reflecting a decline in cash and receivables[40] - Total liabilities decreased from ¥6,152,526,780.32 to ¥4,034,095,734.74, a decline of around 34%[46] - Current liabilities decreased from ¥3,391,565,271.28 to ¥2,484,869,292.36, a reduction of approximately 27%[46] - Non-current assets totaled ¥1,105,788,496.79, down from ¥1,534,968,720.90, representing a decrease of about 28%[49] - Owner's equity increased from ¥6,477,901,985.05 to ¥6,695,746,993.94, an increase of about 3.4%[49] Investments - Long-term equity investments decreased by 61.67% to ¥249,649,550.46 from ¥651,370,853.63, primarily due to the recovery of capital from joint ventures[22] - Investment income increased by 42.70% to ¥186,780,452.36 from ¥130,890,799.91, mainly due to increased investment income from joint ventures[22] - The company received 1,787,539,811.09 CNY from investment activities, a substantial increase from 15,000,000.00 CNY in the previous period[74] - The cash outflow for other investment activities was 2,494,500,000.00 CNY, compared to 259,500,000.00 CNY in the previous period[74] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,349[13] - The largest shareholder, Wanxiang Resources Co., Ltd., held 61.33% of the shares, totaling 1,491,831,780 shares[14] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[18] - The company has suspended the acquisition of 61.33% equity from Wanxiang Group, pending regulatory approval[25] Other Financial Metrics - The company reported a weighted average return on equity of 3.30%, down 2.92% from 6.22% in the same period last year[10] - Accounts receivable decreased by 74.62% to ¥5,518,232.15 from ¥21,745,108.58 due to the recovery of mortgage payments for properties[22] - Long-term prepaid expenses increased by 508.40% to ¥516,565.16 from ¥84,905.66, mainly due to renovations of employee dormitories[22] - The company reported a 71.45% decrease in taxes and surcharges to ¥10,685,296.02 from ¥37,432,106.55, attributed to lower property delivery revenue[22] - Deferred income tax assets decreased from ¥282,111,544.48 to ¥265,103,637.51, a reduction of approximately 6%[49] - The company reported a decrease in employee compensation payable from ¥27,719,847.37 to ¥18,524,084.49, a decline of about 33%[46] - The company’s cash and cash equivalents decreased significantly from ¥240,212,649.33 to ¥4,031,572.75, a drop of over 98%[50]