BEZ(SH:600658)2024-04-29 09:34Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,049,303,233.98, representing a decrease of 43.41% compared to the same period last year[5] - The net profit attributable to shareholders for Q1 2024 was CNY 78,203,344.19, down 54.25% year-on-year[5] - The basic earnings per share for Q1 2024 was CNY 0.07, reflecting a decline of 53.33% compared to the previous year[5] - Total operating revenue for Q1 2024 was approximately ¥1.05 billion, a decrease of 43.3% compared to ¥1.85 billion in Q1 2023[18] - Net profit for Q1 2024 was approximately ¥77.33 million, a decline of 55.7% from ¥174.67 million in Q1 2023[19] - The company reported a significant increase in tax expenses, totaling approximately ¥22.11 million in Q1 2024, compared to ¥57.03 million in Q1 2023[19] Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 19,462,948,671.35, an increase of 0.87% from the end of the previous year[6] - The company's total current assets reached ¥11,240,167,686.14, compared to ¥11,149,815,343.66 at the end of 2023, indicating an increase of about 0.81%[13] - The total liabilities of the company were reported at ¥11,641,739,588.24, slightly up from ¥11,550,967,018.90, representing an increase of approximately 0.79%[15] - Total liabilities as of March 31, 2024, were CNY 6,300,778,780.19, slightly down from CNY 6,339,909,499.50 as of December 31, 2023, a decrease of 0.62%[26] Cash Flow - The net cash flow from operating activities for Q1 2024 was negative at CNY -818,157,940.27[5] - The company reported a net cash outflow from operating activities of approximately ¥818.16 million in Q1 2024, compared to a net outflow of ¥669.80 million in Q1 2023[21] - The company's cash and cash equivalents decreased to ¥1,701,565,926.12 from ¥1,906,487,464.28, a decline of about 10.76%[13] - The net cash flow from operating activities was -¥427,095,902.82, compared to -¥367,255,260.28 in the same period last year[31] - The total cash outflow for operating activities was ¥715,088,583.30, compared to ¥399,165,033.43 in the previous year[31] Investments and Income - The company achieved an investment income of approximately ¥24.37 million in Q1 2024, significantly higher than ¥2.42 million in Q1 2023[18] - The company incurred research and development expenses of approximately ¥4.93 million in Q1 2024, slightly up from ¥4.36 million in Q1 2023[18] - The company received ¥278,057,668.50 related to investment activities, a substantial increase from ¥26,061,340.83 in Q1 2023[31] Equity and Retained Earnings - The company's retained earnings rose to ¥3,282,510,576.66 from ¥3,204,307,232.47, an increase of about 2.44%[15] - The total owner's equity as of March 31, 2024, was CNY 4,811,402,909.62, down from CNY 4,851,710,215.02, a decrease of 0.83%[27] - The total equity attributable to shareholders increased to ¥7,436,429,977.14 from ¥7,358,226,632.95, reflecting a growth of approximately 1.06%[15] Contractual and Rental Income - The company signed contracts for a sales area of 1,422.69 square meters with a total contract value of CNY 18.76 million during the first quarter[11] - The rental income from leased park properties reached CNY 10,199.95 million by the end of March 2024[11] - The company's contract liabilities decreased significantly from ¥699,061,969.46 to ¥146,670,260.43, a reduction of approximately 79.02%[15]