BUCID(600266)2024-04-26 09:13Financial Performance - The company's operating revenue for Q1 2024 was ¥1,234,277,798.50, representing a decrease of 8.86% compared to the same period last year[5]. - The net profit attributable to shareholders of the listed company was -¥330,099,784.37, a significant decline of 627.43% year-on-year[5]. - The net profit for Q1 2024 was reported at a loss of ¥365.22 million, compared to a profit of ¥32.41 million in Q1 2023, reflecting a significant decline[31]. - The operating profit for Q1 2024 was a loss of ¥356.44 million, contrasting with a profit of ¥47.03 million in the same period last year[31]. - The company's total revenue from sales of goods and services decreased to ¥4.58 billion in Q1 2024, down from ¥7.76 billion in Q1 2023, marking a decline of approximately 41.5%[35]. - Basic earnings per share were -¥0.1823, reflecting a decrease of 8,645.59% year-on-year[5]. - The basic earnings per share for Q1 2024 was reported at -¥0.1823, compared to ¥0.0021 in Q1 2023, reflecting a significant drop in profitability[33]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥2,317,336,307.45, down by 56.60% compared to the previous year[5]. - Cash flow from operating activities decreased significantly to ¥4.58 billion in Q1 2024 from ¥7.76 billion in Q1 2023, a decline of approximately 41.5%[35]. - Total cash inflow from operating activities amounted to 8,606,881,009.50, down from 12,950,915,034.51, reflecting a decline of 33.5%[39]. - Cash outflow from operating activities totaled 6,289,544,702.05, compared to 7,611,704,693.20, indicating a decrease of 17.4%[39]. - The ending balance of cash and cash equivalents was 15,160,508,665.62, down from 20,502,235,987.57, reflecting a decrease of 26.2%[41]. - The company received tax refunds amounting to 6,884,790.51, compared to 18,271,923.82 previously, indicating a decrease of 62.3%[39]. - Payments to employees increased to 92,665,565.48 from 88,555,642.53, reflecting a rise of 2.4%[39]. Assets and Liabilities - Total assets at the end of the reporting period were ¥139,497,756,170.71, an increase of 0.77% from the end of the previous year[5]. - The total liabilities reached CNY 113,333,163,618.20, up from CNY 111,852,336,695.85[23]. - The non-current liabilities totaled CNY 40,404,410,995.10, compared to CNY 39,672,987,567.65 previously[23]. - The equity attributable to shareholders of the listed company was ¥23,223,540,882.79, down by 1.60% from the previous year[5]. - The total current assets reached ¥121.45 billion, up from ¥120.17 billion, indicating a slight increase of about 1.1%[27]. - The company's short-term borrowings and other current liabilities were reported at CNY 72,928,752,623.10, an increase from CNY 72,179,349,128.20[23]. Investment and Shareholder Information - The company reported non-recurring gains and losses totaling ¥233,855.69 for the period[9]. - The decline in net profit was primarily due to a significant drop in the stock price of a joint venture, which adversely affected the company's financial performance[12]. - The number of ordinary shareholders at the end of the reporting period was 56,153[13]. - The company completed the cancellation of 101,843,405 shares repurchased, effective January 31, 2024[16]. - The company’s goodwill and intangible assets were not detailed in the provided data, indicating a focus on other financial metrics[22]. - The company’s major shareholder, Beijing Urban Construction Group, holds 944,663,261 shares, representing a significant portion of the total shares[17]. Financial Ratios and Returns - The weighted average return on net assets was -1.88%, a decrease of 1.90 percentage points year-on-year[5].