新城市(300778) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥88,371,300.42, representing a 2.27% increase compared to ¥86,412,353.44 in the same period last year[5] - Net profit attributable to shareholders decreased by 45.84% to ¥12,326,651.31 from ¥22,761,271.25 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥6,859,191.87, down 65.91% from ¥20,119,528.12 in the previous year[5] - Basic earnings per share fell by 36.36% to ¥0.0807 from ¥0.1268 year-on-year[5] - Total operating revenue for Q1 2023 was CNY 88,371,300.42, an increase of 2.27% compared to CNY 86,412,353.44 in Q1 2022[23] - Net profit for Q1 2023 was CNY 12,326,554.70, a decrease of 45.54% from CNY 22,570,512.68 in Q1 2022[24] - Earnings per share (EPS) for Q1 2023 was CNY 0.0807, down from CNY 0.1268 in the same period last year[25] Cash Flow and Investments - The company's cash flow from operating activities showed a net outflow of ¥52,088,153.51, slightly worse than the outflow of ¥50,004,340.13 in the same period last year, a decrease of 4.17%[5] - Cash received from investment recoveries rose by 75.33% to ¥482,500,000.00 from ¥275,200,000.00 in the previous year[10] - Investment activities cash inflow totaled ¥485,324,349.87, up from ¥277,739,759.10 in the previous period, representing an increase of approximately 74.7%[28] - Investment activities cash outflow amounted to ¥415,658,053.94, compared to ¥372,009,724.19 in the prior period, reflecting an increase of about 11.7%[28] - Net cash flow from investment activities was ¥69,666,295.93, a significant recovery from a negative cash flow of -¥94,269,965.09 in the previous period[28] - Cash inflow from financing activities was ¥8,690,397.51, a sharp decline from ¥452,640,000.00 in the last period, indicating a decrease of approximately 98.1%[28] - Net cash flow from financing activities was -¥3,309,392.45, down from ¥451,845,668.27 in the previous period, showing a substantial decrease[28] - The net increase in cash and cash equivalents for the period was ¥14,268,749.97, compared to ¥307,571,363.05 in the prior period, indicating a decrease of about 95.4%[28] - The ending balance of cash and cash equivalents was ¥799,562,207.47, down from ¥871,617,907.73 in the previous period, reflecting a decrease of approximately 8.3%[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,840,693,598.55, a decrease of 0.68% from ¥1,853,210,128.61 at the end of the previous year[5] - The total current liabilities decreased to CNY 278,777,439.90 from CNY 315,923,598.89, representing a reduction of approximately 11.7%[20] - Total liabilities decreased to CNY 632,803,289.80 from CNY 673,502,055.19 at the beginning of the year[21] - Total equity attributable to shareholders increased to CNY 1,208,737,751.51 from CNY 1,180,555,419.57 at the beginning of the year[21] - The total non-current assets increased to CNY 203,712,433.46 from CNY 115,899,490.19, showing a significant growth of approximately 75.6%[20] - The company reported a decrease in contract liabilities to CNY 29,618,449.60 from CNY 31,220,931.16, a decline of about 5.1%[20] - The company’s investment properties decreased slightly to CNY 12,446,304.74 from CNY 12,931,077.41, a decrease of approximately 3.7%[20] Financial Activities - The company's financial expenses increased by 155.16% to ¥1,735,833.46 due to higher convertible bond interest expenses[10] - The fair value gains from financial assets increased significantly by 853.76% to ¥2,829,596.82 compared to ¥296,677.65 in the previous period[10] - The company completed the conversion of 110,351 convertible bonds in Q1 2023, amounting to a total face value of CNY 11,035,100.00, which converted into 632,715 shares of stock[17] - The company repurchased and canceled 35,594 shares of restricted stock as part of its 2022 incentive plan[16] - The company has 4,484,772 convertible bonds remaining, with a total face value of CNY 448,477,200.00 as of the end of Q1 2023[17] Other Information - The company's cash and cash equivalents increased to CNY 806,862,548.82 from CNY 792,233,780.48 at the beginning of the year, reflecting a growth of approximately 1.8%[19] - The accounts receivable rose to CNY 279,151,578.33, up from CNY 256,090,099.26, indicating an increase of about 9%[19] - The company’s first-quarter report was not audited[29] - The report was presented by the company’s legal representative, Zhang Chunjie, on April 27, 2023[30]