荣盛发展(002146) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥6,658,154,644.43, a decrease of 4.66% compared to ¥6,983,914,708.68 in the same period last year[6]. - Net profit attributable to shareholders was ¥781,885,593.45, representing a 30.18% increase from ¥600,622,737.55 year-on-year[6]. - Basic earnings per share increased by 28.57% to ¥0.18 from ¥0.14 in the same period last year[6]. - The company reported a total profit of ¥880,648,966.82, down from ¥1,010,756,922.33, a decrease of 12.87%[64]. - The total comprehensive income attributable to the parent company increased to ¥797,525,573.95 from ¥621,432,514.67, a growth of 28.4%[67]. - The net profit for the current period is -9,898,650.77, compared to -154,413,051.08 in the previous period, indicating a significant improvement[71]. - The total comprehensive income for the current period is 5,469,658.32, compared to -133,602,818.98 in the previous period, showing a positive turnaround[71]. Cash Flow - The net cash flow from operating activities improved significantly, with a net outflow of ¥1,167,274,820.91, a 65.20% reduction from the previous year's outflow of ¥3,354,560,617.99[6]. - Cash inflow from operating activities totaled 18,297,486,260.79, up from 15,812,278,411.81 in the previous period[72]. - Cash outflow from operating activities was 19,464,761,081.70, slightly increased from 19,166,839,029.80 in the previous period[75]. - The net cash flow from investing activities is 318,924,648.49, compared to -49,824,386.46 in the previous period, indicating a recovery[77]. - The net cash flow from financing activities is -3,949,671,917.74, worsening from -1,575,517,559.87 in the previous period[77]. - The ending cash and cash equivalents balance is 22,577,991,575.59, up from 17,518,222,100.42 in the previous period[77]. Assets and Liabilities - Total assets at the end of the reporting period were ¥229,427,987,899.15, up 0.73% from ¥227,762,385,485.75 at the end of the previous year[6]. - The total liabilities decreased from ¥118.67 billion to ¥117.92 billion, a decline of approximately 0.63%[45]. - The total current assets amounted to ¥213.65 billion, a slight increase from ¥211.96 billion at the end of December 2018[42]. - The total liabilities increased slightly to CNY 192.08 billion from CNY 191.40 billion, representing a growth of approximately 0.36%[48]. - The total owner's equity rose to CNY 37.35 billion, up from CNY 36.36 billion, indicating an increase of about 2.73%[51]. - The total non-current liabilities decreased to CNY 32.99 billion from CNY 37.15 billion, a decline of about 11.6%[48]. Shareholder Information - The top shareholder, Rongsheng Holdings Co., Ltd., held 35.65% of the shares, while the second-largest shareholder, Rongsheng Construction Engineering Co., Ltd., held 13.80%[10]. - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[14]. Research and Development - Research and development expenses for the reporting period were ¥10,110,653.07, an increase of 2460.95% year-on-year, attributed to increased personnel and equipment investment in R&D[18]. - Investment income from joint ventures and associates rose to ¥29,568,940.00 from ¥16,932,167.87, marking a significant increase of 74.5%[64]. Other Financial Metrics - The balance of accounts receivable at the end of the reporting period was ¥4,500,000, a decrease of 90.87% compared to the beginning of the year, primarily due to endorsements and maturity acceptance of accounts receivable[17]. - The balance of prepayments at the end of the reporting period was ¥3,205,979,102.22, down 56.98% from the beginning of the year, mainly due to the transfer of prepaid land payments to inventory[17]. - The balance of other comprehensive income at the end of the reporting period was -¥29,759,466.80, an improvement of 34.45% compared to the beginning of the year, due to increased share of other comprehensive income from joint ventures[18]. - The balance of tax payable at the end of the reporting period was ¥2,335,512,687.61, a decrease of 59.77% compared to the beginning of the year, primarily due to increased payments of land value-added tax and corporate income tax[18].