财信发展(000838) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥161,150,995.25, representing a 56.26% increase compared to ¥103,127,840.45 in the same period last year[7]. - The net profit attributable to shareholders was -¥28,079,458.81, a decrease of 42.71% from -¥19,675,714.15 year-on-year[7]. - The net cash flow from operating activities was -¥303,478,408.85, showing an improvement of 41.80% compared to -¥521,474,163.05 in the previous year[7]. - Operating costs increased by 66.74% to ¥127,852,909.19 in Q1 2020 from ¥76,677,755.29 in Q1 2019, also due to increased delivery scale[18]. - The net profit for Q1 2020 was a loss of CNY 37,002,801.01, compared to a loss of CNY 24,820,522.13 in Q1 2019, indicating an increase in losses of about 49.0%[40]. - The total comprehensive loss for Q1 2020 was CNY -37,002,801.01, compared to CNY -24,820,522.13 in the previous year, indicating a worsening of approximately 49.0%[41]. Assets and Liabilities - Total assets at the end of the reporting period were ¥18,591,329,789.94, an increase of 5.09% from ¥17,690,697,005.22 at the end of the previous year[7]. - The company's inventory increased by 7.89% to ¥14,186,932,066.87, primarily due to rising development costs of ongoing projects[15]. - Total liabilities rose to CNY 15,748,199,177.17 from CNY 14,876,123,975.85, an increase of about 5.8%[32]. - The company's total equity reached CNY 2,843,130,612.77, up from CNY 2,814,573,029.37, indicating a growth of around 1.0%[33]. - The company's contract liabilities amounted to CNY 7,602,905,618.13, with no previous figure provided for comparison[32]. Cash Flow - The net cash flow from financing activities decreased by 89.44%, totaling ¥129,665,153.44 in Q1 2020, down from ¥1,228,012,222.70 in Q1 2019, primarily due to reduced financing amounts[18]. - The cash inflow from operating activities was CNY 1,137,336,927.19, down from CNY 1,336,523,398.92 in the previous year, reflecting a decrease of approximately 14.8%[46]. - The total cash inflow from financing activities was 1,153,600,000.00 yuan, while the cash outflow was 1,023,934,846.56 yuan, resulting in a net cash flow of 129,665,153.44 yuan[49]. - The cash and cash equivalents decreased to ¥1,475,769,717.08 as of March 31, 2020, from ¥2,112,707,159.56 as of December 31, 2019[30]. Shareholder Information - The total number of shareholders at the end of the reporting period was 60,350, with the largest shareholder holding 61.63% of the shares[10]. - The company reported a basic and diluted earnings per share of -0.0255 for Q1 2020, compared to -0.0179 in Q1 2019[41]. Changes in Accounting Policies - The company reported a significant decrease in advance receipts, down 99.75% to ¥16,816,240.18, due to changes in accounting policies[15]. - The company has implemented new revenue and leasing standards starting in 2020, affecting prior comparative data[58].