财信发展(000838) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥103,127,840.45, a decrease of 66.44% compared to ¥307,259,621.52 in the same period last year[7]. - The net profit attributable to shareholders was a loss of ¥19,675,714.15, representing a decline of 244.28% from a profit of ¥13,637,504.84 in the previous year[7]. - Revenue for Q1 2019 was CNY 103.13 million, a decrease of 66.44% compared to CNY 307.26 million in Q1 2018 due to reduced delivery area[17]. - The company reported a net loss attributable to shareholders of CNY 19.68 million in Q1 2019, a decline from a profit of CNY 13.64 million in Q1 2018, due to a 244.28% decrease in delivery area[18]. - The net profit for the current period is a loss of ¥24,820,522.13, compared to a profit of ¥9,691,561.92 in the previous period, representing a significant decline[42]. - The company reported a gross loss of ¥24,926,176.07 in operating profit, compared to a profit of ¥10,885,265.19 in the previous period[42]. Cash Flow - The net cash flow from operating activities was negative at ¥521,474,163.05, a decrease of 339.86% compared to ¥217,410,858.17 in the same period last year[7]. - Cash received from operating activities rose by 107.44% to CNY 196.58 million compared to CNY 94.77 million in Q1 2018, indicating a substantial increase[20]. - The cash flow from operating activities for the current period is ¥1,139,939,612.99, slightly up from ¥1,137,606,826.25 in the previous period[48]. - The net cash flow from operating activities was -521,474,163.05 CNY, a decrease compared to 217,410,858.17 CNY in the previous period, indicating a significant decline in operational performance[49]. - The company received 1,336,523,398.92 CNY in cash inflows from operating activities, compared to 1,232,374,672.74 CNY in the previous period, showing a slight increase in operational cash inflows[49]. - Cash outflows from operating activities totaled 1,857,997,561.97 CNY, significantly higher than 1,014,963,814.57 CNY in the previous period, highlighting increased operational costs[49]. Assets and Liabilities - Total assets increased by 15.64% to ¥14,425,647,683.58 from ¥12,474,897,138.37 at the end of the previous year[7]. - Current liabilities rose to CNY 9.11 billion, compared to CNY 8.29 billion in the previous quarter, marking an increase of about 9.9%[33]. - Non-current liabilities increased to CNY 2.77 billion, up from CNY 2.21 billion, reflecting a growth of approximately 25.3%[33]. - The total liabilities of the company reached CNY 11.88 billion, compared to CNY 10.50 billion, reflecting an increase of approximately 13.1%[33]. - The total equity of the company reached CNY 2.55 billion, compared to CNY 1.98 billion in the previous quarter, indicating a significant increase of about 28.9%[34]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 71,186[11]. - The largest shareholder, Chongqing Caixin Real Estate Development Co., Ltd., held 61.63% of the shares, amounting to 678,220,207 shares[11]. - The company did not engage in any repurchase transactions during the reporting period[12]. Investment Activities - Investment income increased significantly by 651.55% to CNY 1.50 million from CNY 0.20 million, driven by increased principal in financial products[18]. - The cash flow from investment activities increased by 39.34% to CNY 852.78 million, reflecting a rise in financial product investments compared to the previous year[21]. - Total cash inflow from investment activities was 358,832,090.58 CNY, down from 470,448,002.71 CNY in the previous period, reflecting reduced investment returns[50]. - The company reported cash inflows from investment activities of 420,260,435.34 CNY, compared to 252,320,000.00 CNY in the previous period, indicating a positive trend in investment recovery[53]. Other Financial Metrics - The weighted average return on equity was -1.13%, down by 1.93% from 0.80% in the previous year[7]. - The basic and diluted earnings per share for the current period are both -0.0179, compared to 0.0124 in the previous period[43]. - Management expenses increased to ¥32,770,891.12 from ¥28,721,094.16, reflecting a rise of 7.1%[40]. - Tax payments increased by 212.57% to CNY 254.16 million from CNY 81.31 million, reflecting higher prepayment tax expenses due to project launches[20]. - Tax expenses decreased to ¥85,039.21 from ¥474,174.15, a reduction of 82.1%[42].