南山控股(002314) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,330,808,140.42, a decrease of 74.08% compared to ¥5,134,991,470.03 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥124,419,548.10, representing a decline of 235.76% from a profit of ¥91,647,024.44 in the previous year[4] - The net cash flow from operating activities was -¥1,745,012,227.85, a decrease of 392.64% compared to ¥596,290,920.72 in the same period last year[4] - Total operating revenue for Q1 2024 was CNY 1,330,808,140.42, a decrease of 74.1% compared to CNY 5,134,991,470.03 in the same period last year[18] - Net profit for Q1 2024 was a loss of CNY 89,865,170.97, compared to a profit of CNY 172,815,415.80 in the previous year, indicating a substantial decline in profitability[20] - Basic and diluted earnings per share for Q1 2024 were both -0.0459, compared to 0.0338 in the same period last year, indicating a negative shift in earnings performance[21] Cash Flow and Liquidity - The net cash flow from operating activities was -1,745,012,227.85, a significant decrease compared to 596,290,920.72 in the previous period, indicating a decline of approximately 392%[22] - Total cash inflow from operating activities was 1,720,004,400.74, down 54.5% from 3,783,801,589.54 in the prior period[22] - Cash outflow from operating activities increased to 3,465,016,628.59, up 8.7% from 3,187,510,668.82 in the previous period[22] - The net cash flow from financing activities was 514,227,809.34, down 73.8% from 1,957,169,757.64 in the prior period[23] - The ending cash and cash equivalents balance was 6,066,502,959.92, down from 8,037,819,615.39 in the previous period, reflecting a decrease of 24.5%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥71,769,943,342.91, down 1.43% from ¥72,808,100,394.55 at the end of the previous year[4] - The company's total liabilities decreased to CNY 54,122,861,516.99 from CNY 55,081,731,165.91, showing a reduction in overall debt levels[17] - Current liabilities totaled CNY 28,842,639,205.83, down from CNY 33,051,133,023.42, indicating improved liquidity management[17] - Long-term borrowings increased to CNY 21,595,721,365.87 from CNY 18,306,265,251.51, suggesting a strategic shift towards long-term financing[17] - The company's total equity decreased to CNY 17,647,081,825.92 from CNY 17,726,369,228.64, reflecting a slight decline in shareholder value[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 50,208[11] - The largest shareholder, China Nanshan Development (Group) Co., Ltd., holds 57.99% of shares, totaling 1,570,139,538 shares[11] - The company has no preferred shareholders or significant changes in shareholder relationships reported[13] Research and Development - The company’s R&D expenses were ¥9,959,703.45, a reduction of 35.92% compared to ¥15,542,451.90 in the same period last year[8] Investment Income - The investment income increased by 77.47% to ¥18,935,897.27 from ¥10,669,777.96 in the previous year[8] - Investment income for Q1 2024 was CNY 18,935,897.27, up from CNY 10,669,777.96, highlighting improved returns from investments[20] Other Financial Metrics - The company reported a significant decrease in sales cash receipts, totaling ¥1,578,333,801.86, down 47.90% from ¥3,029,475,719.13 in the previous year[9] - The company’s tax expenses decreased by 81.54% to ¥44,961,111.58 from ¥243,541,671.90 in the previous year due to reduced project revenue[8] - The company’s cash paid for purchasing goods and services increased by 31.40% to ¥2,591,149,008.13 from ¥1,971,994,349.48 in the previous year, primarily due to increased land acquisition expenditures[9] - Other comprehensive income after tax for Q1 2024 was CNY 4,356,126.06, compared to CNY 1,424,121.48 in the previous year, indicating a positive change in comprehensive income[20] Inventory and Receivables - Accounts receivable decreased from ¥776,436,101.21 to ¥767,735,453.68, a reduction of about 1.0%[15] - Inventory increased from ¥22,799,454,715.82 to ¥22,922,649,526.87, an increase of approximately 0.5%[15] - Total current assets decreased from ¥38,079,952,290.77 to ¥36,907,964,096.82, a decline of about 3.1%[15] - Total non-current assets increased from ¥34,728,148,103.78 to ¥34,861,979,246.09, an increase of approximately 0.4%[15]