NHPRECL(SH:600638)2024-04-29 11:27Financial Performance - The company's operating revenue for Q1 2024 was ¥157,151,004.15, representing a decrease of 67.89% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥3,489,940.07, down 14.05% year-over-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥975,696.13, a decline of 76.12% compared to the previous year[5]. - Total revenue for Q1 2024 was CNY 217,271,911.03, a decrease of 60.5% compared to CNY 549,567,414.85 in Q1 2023[24]. - Operating profit for Q1 2024 was CNY -1,826,692.82, compared to CNY 23,397,298.19 in Q1 2023, indicating a significant decline[25]. - Net profit for Q1 2024 was CNY 733,726.37, down from CNY 8,076,170.14 in Q1 2023, reflecting a decrease of 90.9%[25]. - Total comprehensive income for Q1 2024 was CNY 733,726,370.37, a decrease from CNY 8,076,170,140.00 in Q1 2023[26]. - Basic and diluted earnings per share for Q1 2024 were CNY 0.0052, down from CNY 0.0060 in Q1 2023[26]. Cash Flow - The net cash flow from operating activities was -¥340,850,340.12, an increase of 64.76% year-over-year[5]. - Cash inflows from operating activities in Q1 2024 totaled CNY 457,668,845.64, compared to CNY 953,560,906.42 in Q1 2023, representing a decline of approximately 52%[30]. - Cash outflows from operating activities in Q1 2024 were CNY 798,519,185.76, down from CNY 1,920,719,704.14 in Q1 2023[30]. - Net cash flow from operating activities for Q1 2024 was CNY -340,850,340.12, an improvement from CNY -967,158,797.72 in Q1 2023[30]. - Cash inflows from investing activities in Q1 2024 were CNY 299,142,255.06, compared to CNY 116,392,382.36 in Q1 2023[31]. - Net cash flow from investing activities for Q1 2024 was CNY 8,392,258.81, a significant improvement from CNY -6,195,237.53 in Q1 2023[31]. - Cash inflows from financing activities in Q1 2024 totaled CNY 125,872,920.00, down from CNY 233,735,236.58 in Q1 2023[31]. - Net cash flow from financing activities for Q1 2024 was CNY -71,875,511.74, compared to CNY 14,371,506.60 in Q1 2023[31]. - The ending cash and cash equivalents balance for Q1 2024 was CNY 5,074,022,991.72, down from CNY 6,006,828,311.71 in Q1 2023[31]. Assets and Liabilities - Total assets at the end of the reporting period were ¥19,622,507,690.44, a decrease of 3.53% from the end of the previous year[6]. - Total assets decreased to CNY 19,622,507,690.44 in Q1 2024 from CNY 20,339,732,257.91 in Q1 2023, a decline of 3.5%[21]. - Total liabilities decreased to CNY 14,910,234,960.61 in Q1 2024 from CNY 15,695,402,472.42 in Q1 2023, a reduction of 5.0%[21]. - Current assets totaled CNY 13,348,272,212.02 in Q1 2024, down from CNY 14,068,467,499.03 in Q1 2023, a decrease of 5.1%[21]. - The company’s total equity increased to CNY 4,712,272,729.83 in Q1 2024 from CNY 4,644,329,785.49 in Q1 2023, an increase of 1.5%[22]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 32,162[13]. - The company reported a total of 120,701,293 shares held by Shanghai Xinhua Investment Co., accounting for 17.92% of total shares, with 120,420,000 shares pledged[14]. - The total number of shares held by the top 10 unrestricted shareholders is 120,701,293, with Shanghai Xinhua Investment Co. being the largest shareholder[15]. - The company has a total of 85,107,090 shares held by the Shanghai Huangpu District State-owned Assets Supervision and Administration Commission, representing 12.64% of total shares[14]. - The company reported a total of 19,507,830 shares held by Beijing Heshenyuan Private Fund Management Co., accounting for 2.90% of total shares[14]. Operational Highlights - The company reported a significant increase in other operating income by 1,457.99% during the reporting period[11]. - The cash flow from investing activities increased by 235.46% due to the disposal of financial assets[11]. - The rental income from the Shanghai Wu Jing Xing Yue He Pan residential project reached ¥3,379.95 million, with a rental occupancy rate of 96.75%[18]. - The company completed the construction of the "New Huangpu Garden" project with a sales area of approximately 102.24 square meters and a reported amount of ¥80.02 million[17]. - The total area of leased properties in Shanghai's "Ke Ji Jing Cheng" office building was 54,890.62 square meters, generating rental income of ¥1,546.65 million, with an occupancy rate of 72.96%[18]. - The company has ongoing construction projects, including "Jiangnan Yijing Xuan" in Hangzhou, with a construction area of 3,643.32 square meters and a completion rate of 51%[18]. - The company has not adopted a fair value measurement model for its investment properties, thus no disclosure of rental income as a percentage of fair value is available[18]. Return on Investment - The weighted average return on net assets was 0.0787%, a decrease of 0.014 percentage points[5]. - The company’s interest income rose to CNY 12,464,262.43 in Q1 2024 from CNY 8,805,789.48 in Q1 2023, an increase of 41.0%[24].