金融街(000402) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥6,147,864,256.26, representing a 116.84% increase compared to ¥2,835,207,887.57 in Q1 2023[4] - The net profit attributable to shareholders was -¥280,371,433.07, a decline of 32.79% from -¥211,134,327.43 in the same period last year[4] - The company's basic and diluted earnings per share were both -¥0.09, a decrease of 28.57% from -¥0.07 in Q1 2023[4] - The company reported a total profit of -¥158,605,001.80 for Q1 2024, compared to -¥244,013,817.24 in the previous year, indicating a reduction in losses[60] - The company’s total comprehensive income for Q1 2024 was -¥217,454,804.45, compared to -¥232,965,755.37 in Q1 2023, indicating a slight improvement[64] Cash Flow - The net cash flow from operating activities was ¥187,758,736.84, down 90.07% from ¥1,890,782,077.93 in Q1 2023[4] - The net cash flow from financing activities was -¥996,961,124.48, an improvement from -¥5,614,210,107.51 in the same period last year[17] - Cash inflow from operating activities totaled ¥2,481,330,235.80, down 56.0% from ¥5,642,450,876.84 in the previous period[77] - Cash outflow from operating activities was ¥2,293,571,498.96, a decrease of 38.9% compared to ¥3,751,668,798.91 last year[77] - The company experienced a net decrease in cash and cash equivalents of ¥802,054,464.24, compared to a decrease of ¥3,573,055,405.52 in the previous period[79] Assets and Liabilities - The total assets as of March 31, 2024, were ¥140,342,382,453.32, a decrease of 2.79% from ¥144,371,852,580.58 at the end of 2023[4] - Total liabilities decreased from ¥104.16 billion to ¥100.79 billion, a reduction of approximately 3.6% year-over-year[49] - Current liabilities totaled ¥27.94 billion, down from ¥29.49 billion, reflecting a decrease of about 5.3%[49] - The company’s current assets totaled approximately 89.62 billion yuan, a decrease from 93.73 billion yuan year-on-year[46] - The company’s inventory decreased from approximately 69.20 billion yuan to 65.83 billion yuan[46] Market and Sales - The company achieved a sales contract amount of approximately RMB 3.76 billion in Q1 2024, with a sales area of about 186,000 square meters[29] - Residential products accounted for RMB 3.6 billion in sales contracts, representing a sales area of 176,000 square meters[29] - The real estate market saw a 19.4% year-on-year decline in sales area, with residential sales area down 23.4%[27] - The company has enhanced its sales strategies to adapt to market dynamics and customer needs[29] - The company reported a significant decrease in cash inflow from sales of goods and services, totaling ¥1,927,632,644.66, down 60.7% from ¥4,906,137,154.65[77] Shareholder Information - As of the end of the reporting period, the total number of common shareholders was 69,689, with the largest shareholder, Beijing Financial Street Investment (Group) Co., Ltd., holding 31.14% of shares[21] - The top ten shareholders include several insurance companies, with the second-largest being Harmony Health Insurance Co., holding 15.68%[21] Strategic Focus - The company is focusing on cash flow safety and has implemented strict budget management to ensure liquidity[29] - The company plans to continue focusing on market expansion and new product development to enhance future performance[60] - The company is committed to high-quality party building to lead its transformation and development[28] - The company maintained a focus on risk control and sustainable development, enhancing its internal control system[32] Other Financial Metrics - The company reported an EBITDA of approximately 370 million yuan, also reflecting a year-on-year growth of 4%[32] - The asset management business achieved revenue of approximately 560 million yuan, a year-on-year increase of 4%[32] - Financial expenses for Q1 2024 amounted to ¥504,626,583.66, up from ¥451,795,030.56 in the same quarter last year, marking an increase of approximately 11.5%[60] - The company recorded investment income of ¥10,725,257.81 in Q1 2024, a recovery from a loss of -¥30,779,889.79 in Q1 2023[60]