YMRD(SH:600239)2024-04-26 10:25Financial Performance - The company's operating revenue for Q1 2024 was CNY 432,745,629.53, representing a year-on-year increase of 9.01%[5] - The net profit attributable to shareholders was a loss of CNY 54,096,315.82, a decrease of 135.21% compared to the same period last year[5] - Basic and diluted earnings per share were both CNY -0.03, down 133.69% from the previous year[6] - The net loss for Q1 2024 was CNY 63,039,842.08, compared to a net profit of CNY 153,878,895.72 in Q1 2023, indicating a significant decline in profitability[23] - The company reported a total comprehensive loss of CNY 63,039,842.08 for Q1 2024, compared to a comprehensive income of CNY 149,883,398.44 in Q1 2023[23] Cash Flow - The net cash flow from operating activities was a negative CNY 597,630,539.06, reflecting a decline of 256.76% year-on-year[5] - The operating cash flow for Q1 2024 was negative at CNY -597,630,539.06, contrasting with a positive cash flow of CNY 381,239,610.23 in Q1 2023[26] - The cash inflow from operating activities totaled CNY 687,068,601.23 in Q1 2024, down from CNY 852,224,294.46 in Q1 2023[26] - The net cash flow from investment activities was 80,338,720.79 RMB in Q1 2024, compared to 274,396,994.38 RMB in Q1 2023, showing a decrease[37] - The total cash outflow from financing activities was 50,608,152.42 RMB in Q1 2024, compared to 266,883,478.43 RMB in Q1 2023[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,106,151,321.56, a decrease of 1.57% from the end of the previous year[6] - The total liabilities decreased to 3,356,109,638.46 RMB from 3,998,840,230.18 RMB at the end of 2023[17] - The company reported a total liability of CNY 9,845,569,954.50 as of Q1 2024, slightly down from CNY 9,975,225,778.10 in the previous year[18] - The total equity attributable to shareholders was CNY 1,313,168,346.96 in Q1 2024, a decrease from CNY 1,367,264,662.78 in Q1 2023[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 54,878[10] - The largest shareholder, Yunnan Kanglv Holdings Group Co., Ltd., held 39.05% of the shares, with significant pledges and freezes on its holdings[10] Revenue and Costs - Total operating costs for Q1 2024 were CNY 442,712,797.37, up from CNY 397,436,881.44 in Q1 2023, reflecting a rise of 11.4%[22] - The company's total revenue for Q1 2024 was CNY 7,752,967.05, a slight decrease of 0.18% compared to CNY 7,766,910.24 in Q1 2023[33] Real Estate and Sales - In Q1 2024, the company reported a total signed area of 3,810.76 square meters, representing a year-on-year increase of 1,158.05% compared to Q1 2023[14] - The company reported a significant increase in residential sales, with a signed area of 2,568.52 square meters, up 1,030.56% year-on-year[14] - The rental income from self-owned properties in Q1 2024 was 6,699.56 million RMB, with a total rental area of 135,655.33 square meters and an occupancy rate of 89.82%[14][15] - The rental income from leased properties in Q1 2024 was 16,462.86 million RMB, with a total rental area of 613,228.67 square meters and an occupancy rate of 83.44%[15] Management and Expenses - The company reported a significant increase in management expenses, which rose to CNY 7,234,504.26 from CNY 5,430,599.59 year-over-year[33] - The company incurred a financial expense of CNY 53,377,394.18 in Q1 2024, compared to CNY 57,196,595.98 in Q1 2023, showing a reduction of 6.3%[22] Other Information - The company has not disclosed any new strategies or product developments in the current report[12] - There were no new real estate reserves or construction areas added in Q1 2024[12][13] - The company did not apply new accounting standards for the first time in 2024[38]