锦和商管(603682) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 253,679,194.86, representing a year-on-year increase of 3.09%[4] - The net profit attributable to shareholders decreased by 43.38% to CNY 13,126,359.90 compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 65.71% to CNY 2,139,650.55[4] - Basic and diluted earnings per share were RMB 0.03, a decrease of 40.00% compared to the previous year[11] - Operating profit for Q1 2024 was a loss of CNY 178,408.72, compared to a profit of CNY 11,323,948.01 in Q1 2023[21] - Net profit for Q1 2024 was CNY 10,145,797.83, down 45.4% from CNY 18,572,671.70 in Q1 2023[22] Cash Flow - The net cash flow from operating activities was CNY 155,043,493.03, an increase of 4.74% year-on-year[4] - Cash flow from operating activities for Q1 2024 was CNY 155,043,493.03, an increase from CNY 148,030,239.05 in Q1 2023[24] - Cash inflow from investment activities in Q1 2024 was CNY 225,687,990.25, compared to CNY 175,784,872.00 in Q1 2023[24] - The net cash flow generated from investment activities was $15,046,071.50, significantly higher than $1,154,880.66 in Q1 2023[26] - Cash outflow from financing activities was $118,622,427.15, compared to $163,390,548.97 in the previous year, indicating a reduction in financing costs[26] Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,527,561,122.71, down 1.93% from the end of the previous year[5] - Current assets totaled RMB 492.92 million, up from RMB 451.95 million at the end of 2023[16] - The company reported a decrease in cash and cash equivalents to RMB 213.69 million from RMB 162.23 million at the end of 2023[16] - The company’s long-term equity investments were RMB 139.99 million, slightly down from RMB 140.59 million at the end of 2023[17] - The company’s total liabilities decreased to RMB 871.38 million from RMB 904.83 million at the end of 2023[17] - Total liabilities as of Q1 2024 were CNY 4,323,895,708.15, a decrease from CNY 4,443,305,130.08 in Q1 2023[18] - Total equity as of Q1 2024 was CNY 1,203,665,414.56, slightly up from CNY 1,193,223,897.97 in Q1 2023[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,651[9] - The company received government subsidies amounting to CNY 456,978.64 during the reporting period[6] Project Development - The company added the "Tianlin Space" project, increasing the managed area by approximately 22,000 square meters, bringing the total managed projects to 71 and total managed area to about 1.4 million square meters[12] Challenges and Outlook - The company is currently facing challenges due to macroeconomic factors, affecting rental rates and the performance of new acquisition projects[7] - The company did not implement new accounting standards or interpretations affecting the financial statements for the year[26]