栖霞建设(600533) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 514,974,696.86, representing a decrease of 72.41% compared to the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 26,024,798.53, reflecting a decline of 362.28% year-over-year[4]. - The basic and diluted earnings per share were both CNY -0.0248, a decrease of 362.28% compared to the previous year[4]. - Total revenue for Q1 2024 was CNY 515,085,103.71, a decrease of 72.5% compared to CNY 1,867,986,276.23 in Q1 2023[18]. - Operating profit for Q1 2024 was a loss of CNY 28,500,971.37, compared to a profit of CNY 36,516,795.18 in Q1 2023[18]. - Net profit for Q1 2024 was a loss of CNY 22,974,581.98, compared to a profit of CNY 27,767,823.41 in Q1 2023[19]. - The company incurred operating costs of CNY 525,743,021.44 in Q1 2024, a decrease from CNY 1,820,678,967.04 in Q1 2023[18]. - The company reported a significant increase in sales expenses, which rose to ¥10,217,992.57 in Q1 2024 from ¥2,988,691.07 in Q1 2023[30]. Cash Flow - The net cash flow from operating activities was CNY -294,431,700.32, down 133.49% from the previous year, attributed to reduced sales collections[4]. - The company reported a net cash outflow from operating activities of CNY 294,431,700.32 in Q1 2024, compared to an inflow of CNY 879,106,322.73 in Q1 2023[22]. - Cash received from sales of goods and services was CNY 507,573,809.76 in Q1 2024, down from CNY 2,111,045,356.42 in Q1 2023[22]. - The cash inflow from financing activities was 1,340,000,000.00 RMB, significantly higher than 401,849,000.00 RMB in the previous period, indicating an increase of about 233.5%[23]. - The net cash flow from financing activities was 83,189,712.45 RMB, compared to a negative cash flow of -71,769,265.74 RMB previously, showing a turnaround[23]. - Cash flow from operating activities for Q1 2024 was a net outflow of ¥86,107,301.93, worsening from a net outflow of ¥31,100,056.50 in Q1 2023[34]. - Cash flow from investing activities generated a net inflow of ¥55,106,526.09 in Q1 2024, down from ¥408,873,619.77 in Q1 2023[34]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 24,381,416,883.73, a slight decrease of 0.03% from the end of the previous year[4]. - The total liabilities include a short-term loan of 160 million RMB and accounts payable of 574 million RMB, with contract liabilities at 4,732 million RMB[14]. - Total liabilities as of Q1 2024 were CNY 20,005,719,461.32, slightly down from CNY 20,026,238,608.48 in Q1 2023[15]. - The total assets amounted to 13,946,158,972.82 RMB, slightly down from 13,970,460,795.65 RMB, a decrease of approximately 0.2%[27]. - The total liabilities were reported at 10,099,423,697.09 RMB, a minor decrease from 10,148,488,390.97 RMB, representing a decline of about 0.5%[27]. - The company's inventory stood at 7,433,588,801.18 RMB, a slight increase from 7,332,486,984.44 RMB, reflecting a growth of approximately 1.4%[26]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,235[8]. - The largest shareholder, Nanjing Qixia Construction Group Co., Ltd., holds 34.37% of the shares, with 360,850,600 shares pledged[9]. - Total equity increased to CNY 4,375,697,422.41 in Q1 2024 from CNY 4,362,462,153.82 in Q1 2023[15]. - The total equity increased to 3,846,735,275.73 RMB from 3,821,972,404.68 RMB, representing a growth of about 0.6%[28]. Project Development - The company reported a significant decline in revenue due to the completion and delivery of projects not being recognized in sales this period[6]. - The total investment in real estate development during the reporting period amounted to 2,500 million RMB, with actual investment in ongoing projects reaching 5,849 thousand RMB for the Nanjing Xingye Huanyuan project[10]. - The company has ongoing residential projects in Nanjing, with a total planned construction area of 1,000,000 square meters across various projects[10]. - The sales area available for sale in Nanjing Fengqing Shuian was 185,076 square meters, with 175,667 square meters sold during the reporting period[11]. - The revenue from the recognized sales for Nanjing Qiyuan was 93 thousand RMB, with a remaining area to be recognized of 464 square meters[10]. - The company has several projects under construction, including Nanjing Xingye Yuhui with an area of 236,424 square meters, which is currently ongoing[10].