津滨发展(000897) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥32,168,752.03, a decrease of 12.26% compared to ¥36,663,099.81 in the same period last year[9]. - The net profit attributable to shareholders was -¥16,504,309.81, representing a decline of 59.48% from -¥10,348,850.95 year-on-year[9]. - The basic earnings per share decreased by 59.38% to -¥0.0102 from -¥0.0064 in the same period last year[9]. - Net loss for Q1 2019 was CNY 19,352,275.36, compared to a net loss of CNY 9,222,695.70 in Q1 2018, representing a 109.5% increase in losses[45]. - The company reported a net loss of CNY 958,243,114.41 in retained earnings as of March 31, 2019, compared to a loss of CNY 941,738,804.60 at the end of 2018[37]. Cash Flow - The net cash flow from operating activities was -¥27,020,726.76, a significant drop of 332.58% compared to -¥6,246,480.51 in the previous year[9]. - Cash flow from operating activities shows a net outflow of -27,020,726.76, worsening from -6,246,480.51 in the previous period[53]. - Cash flow from financing activities results in a net outflow of -276,919,935.02, compared to -92,815,204.12 in the previous period, indicating increased cash outflow[54]. - The company received 36,556,348.41 in cash related to operating activities, an increase from 33,988,628.85 in the previous period[53]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,852,401,559.32, down 0.94% from ¥6,917,488,837.30 at the end of the previous year[9]. - The company's total assets decreased to CNY 3,956,006,546.40 from CNY 4,023,809,186.55, a decline of 1.7%[42]. - The total current liabilities increased to CNY 5,665,749,213.68 from CNY 5,098,475,999.21, marking an increase of about 11.1%[36]. - Total liabilities decreased to CNY 2,108,917,774.91 from CNY 2,170,849,261.25, a reduction of 2.8%[41]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 137,057[12]. - The largest shareholder, Tianjin TEDA Construction Group Co., Ltd., held 20.92% of the shares, amounting to 338,312,340 shares[12]. Expenses and Costs - Total operating costs increased to CNY 54,429,743.83, up 17.2% from CNY 46,439,241.91 in the previous year[43]. - Sales expenses rose by 44.50% to ¥11,671,200.01 due to increased sales agency fees and maintenance costs[17]. - Tax and additional charges increased by 147.76% to ¥1,210,084.22, primarily from increased stamp duty payments[17]. Investment and Income - The company reported non-recurring gains and losses totaling ¥2,040,190.40, primarily from investment income generated by financial products[10]. - Investment income surged by 7038.24% to ¥2,087,276.31, attributed to returns from idle funds invested in financial products[17]. - Other operating income increased by 6806.56% to ¥345,328.21, resulting from a court ruling that allowed the recognition of previously unpayable amounts[17]. Accounting Standards - The company implemented new financial accounting standards effective January 1, 2019, impacting the classification of certain financial assets[62]. - The first quarter report was not audited[66].