Golden Bridge(SH:600639)2024-04-29 07:37Financial Performance - The company's operating revenue for Q1 2024 was ¥909,616,180.52, representing a decrease of 78.73% compared to the same period last year[18]. - Net profit attributable to shareholders of the listed company was ¥228,094,378.96, down 83.38% year-on-year[18]. - Basic and diluted earnings per share were both ¥0.2032, reflecting an 83.38% decline compared to the previous year[18]. - The total comprehensive income for the period was ¥188,705,096.40, a decrease from ¥1,492,654,309.98 in the previous year[3]. - The company experienced a significant decline in sales revenue due to the absence of residential project transfers in the current period[20]. - The net profit for the first quarter of 2024 is 49.54 million CNY, compared to 534.04 million CNY in the same period last year[66]. - The company reported a total comprehensive income of 7.32 million CNY for the quarter[66]. Cash Flow - The net cash flow from operating activities was -¥152,642,108.81, indicating a significant cash outflow[18]. - Cash inflows from operating activities totaled ¥1,568,109,677.84, up from ¥849,553,104.93 in the previous period[44]. - Cash outflows from operating activities amounted to ¥1,720,751,786.65, compared to ¥1,955,082,464.65 previously[44]. - The net cash flow from operating activities was -¥152,642,108.81, an improvement from -¥1,105,529,359.72 year-over-year[44]. - Cash inflows from investment activities were recorded at ¥2,190,534,833.26, while outflows were ¥801,655,011.06, resulting in a net cash flow of ¥1,388,879,822.20[45]. - The net cash flow from financing activities was ¥2,786,491,590.80, compared to ¥3,010,803,211.24 in the previous period[45]. - The company's net cash flow from financing activities was ¥1,838,081,855.36 in Q1 2024, down from ¥2,340,642,432.89 in Q1 2023, a decline of 21.5%[72]. Assets and Liabilities - Total liabilities as of March 31, 2024, amounted to RMB 25,808,178,112.43, an increase of 13.2% from RMB 22,802,893,937.29 in the previous year[40]. - Total equity as of March 31, 2024, was RMB 18,558,789,300.51, up from RMB 16,978,084,204.11 in the previous year, indicating a growth of 9.3%[40]. - The company reported a total non-current liability of RMB 14,280,488,277.27, which is an increase from RMB 11,685,998,118.03 in the previous year, indicating a growth of 22.5%[38]. - The company's total assets increased by 11.53% to ¥44,366,967,412.94 compared to the previous year-end[51]. - The total current liabilities as of March 31, 2024, were RMB 11,527,689,835.16, compared to RMB 11,116,895,819.26 in the previous year, reflecting a growth of 3.7%[38]. - The total assets increased to ¥25,233,863,780.39 in Q1 2024, compared to ¥23,812,249,809.83 in Q1 2023, marking a growth of 5.9%[76]. - The total liabilities rose to ¥13,353,495,879.38 in Q1 2024, up from ¥11,939,204,517.78 in Q1 2023, indicating an increase of 11.9%[77]. Shareholder Information - The weighted average return on net assets decreased by 8.71 percentage points to 1.61%[18]. - The diluted earnings per share (EPS) for the period is -83.38 CNY[53]. - As of the end of the reporting period, the total number of common shareholders is 72,194[53]. - The equity attributable to shareholders of the listed company rose by 1.32% to ¥14,299,075,284.61[51]. Government Subsidies and Other Income - The company recognized government subsidies amounting to ¥2,766,832.82, which are closely related to its normal business operations[26]. - The company reported a foreign exchange loss of ¥830,121.54 during the quarter[26]. - The company's financial expenses for Q1 2024 were RMB 100,957,622.20, an increase from RMB 72,523,728.81 in Q1 2023[41]. - The company reported a financial expense of ¥76,008,970.79 in Q1 2024, which is an increase of 55.0% compared to ¥49,033,265.29 in Q1 2023[79].