华发股份(600325) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥7,000,110,720.18, representing a decrease of 41.46% compared to the same period last year[4] - Net profit attributable to shareholders was ¥348,976,942.54, down 35.34% year-on-year[4] - Basic and diluted earnings per share were both ¥0.13, a decrease of 45.83% year-on-year[4] - Net profit for Q1 2024 was ¥431,851,068.01, a decline of 45.8% from ¥795,766,901.69 in Q1 2023[21] - The company reported a total comprehensive income of ¥461,030,592.04 for Q1 2024, down from ¥877,393,121.87 in Q1 2023[22] - The net profit for Q1 2024 was a loss of ¥204,976,203.72, compared to a loss of ¥256,381,775.65 in Q1 2023, showing an improvement of 20.0%[32] Cash Flow - The net cash flow from operating activities was ¥576,564,117.20, reflecting a significant decline of 94.74% compared to the previous year[4] - In Q1 2024, the company reported cash inflows from operating activities of CNY 13.64 billion, a decrease of 44.5% compared to CNY 24.50 billion in Q1 2023[23] - The company's cash flow from operating activities was significantly impacted by a decrease in sales revenue, which totaled CNY 11.22 billion in Q1 2024, down from CNY 22.01 billion in Q1 2023[23] - The cash flow from operating activities showed a net outflow of ¥2,223,167,983.90 in Q1 2024, compared to an inflow of ¥3,058,335,252.17 in Q1 2023[33] - The net cash flow from operating activities for Q1 2024 was CNY 576.56 million, down from CNY 10.97 billion in the same period last year, indicating a significant decline[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥459,715,696,599.04, an increase of 1.77% from the end of the previous year[5] - The company's total assets amounted to approximately ¥459.72 billion, an increase from ¥451.70 billion as of December 31, 2023, reflecting a growth of about 1.8%[15] - Total liabilities as of Q1 2024 amounted to ¥328,079,515,127.63, an increase from ¥319,999,856,599.69 in the previous year[18] - The total liabilities increased to ¥152,970,466,167.40 in Q1 2024 from ¥140,442,116,745.53 in Q1 2023, representing an increase of 8.9%[29] - The total liabilities of the company as of March 31, 2024, were CNY 128.69 billion, compared to CNY 115.45 billion at the end of 2023, reflecting an increase in financial obligations[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,897[9] - The largest shareholder, Zhuhai Huafa Group Co., Ltd., held 26.34% of the shares, totaling 724,967,983 shares[9] - Total equity attributable to shareholders was ¥22,435,712,639.65, up from ¥22,176,545,773.56 year-over-year[18] - The total equity decreased to ¥21,808,629,687.52 in Q1 2024 from ¥22,012,917,173.62 in Q1 2023, a decline of 0.9%[29] Operational Highlights - The decline in revenue was primarily due to a reduced scale of real estate project deliveries compared to the same period last year[7] - The company successfully acquired three properties through its wholly-owned subsidiary, Zhuhai Huaxin Investment Development Co., Ltd., enhancing its operational capabilities[12] - The company plans to sign a management contract for a project involving scattered properties, indicating a strategic move towards expanding its real estate management portfolio[13] Investment and Expenses - Research and development expenses for Q1 2024 were ¥11,604,502.04, slightly up from ¥10,260,358.81 in Q1 2023[19] - The company reported financial expenses of ¥542,895,253.41 in Q1 2024, an increase from ¥431,254,417.21 in Q1 2023[30] - The investment income for Q1 2024 was ¥174,450,849.84, significantly higher than ¥32,317,424.17 in Q1 2023, marking an increase of 441.5%[31]