美凯龙(601828) - 2024 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2024 was ¥2,111,539,269.77, a decrease of 19.3% compared to ¥2,616,557,956.86 in Q1 2023[7] - Net profit for Q1 2024 was a loss of ¥357,450,119.89, compared to a profit of ¥206,474,367.55 in Q1 2023[10] - Basic earnings per share for Q1 2024 was -¥0.09, compared to ¥0.04 in Q1 2023[12] - Operating revenue decreased by 19.30% due to a decline in mall occupancy rates and increased discounts to support merchants[53] - The net profit attributable to shareholders of the listed company decreased by 322.16% to -371,506,929.54 RMB compared to the previous year[44] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 156.52% to -119,275,435.39 RMB[44] - Basic earnings per share decreased to -325.00, attributed to a reduction in net profit attributable to shareholders[81] - The weighted average return on equity was -0.75%, a decrease of 1.07 percentage points compared to the previous year[44] - The weighted average return on equity decreased by 1.07 percentage points, mainly due to the decline in net profit[81] Operating Costs and Expenses - Total operating costs for Q1 2024 were ¥2,014,154,986.75, down 9.8% from ¥2,231,391,248.57 in Q1 2023[7] - Research and development expenses for Q1 2024 were ¥3,658,192.56, a decrease from ¥4,971,244.23 in Q1 2023[7] - The company reported a significant increase in financial expenses, totaling ¥644,505,766.61 in Q1 2024, compared to ¥526,684,902.61 in Q1 2023[7] - Financial expenses increased due to the suspension of interest capitalization on projects with lower-than-expected construction progress[53] Cash Flow - In Q1 2024, the net cash flow from operating activities was -181,674,312.38 RMB, a significant decrease compared to 1,076,288,459.82 RMB in Q1 2023[13] - Total cash inflow from operating activities was 1,956,405,750.46 RMB, down from 3,163,213,130.47 RMB in the same period last year[13] - Cash outflow from operating activities increased to 2,138,080,062.84 RMB, compared to 2,086,924,670.65 RMB in Q1 2023[13] - The net cash flow from investing activities was -470,841,213.48 RMB, a decline from 232,657,059.22 RMB in Q1 2023[15] - Cash inflow from financing activities reached 10,684,885,014.28 RMB, significantly higher than 2,474,482,861.10 RMB in the previous year[15] - The net cash flow from financing activities was 1,450,612,057.07 RMB, compared to -1,501,355,849.19 RMB in Q1 2023[15] - The ending balance of cash and cash equivalents was 3,304,603,819.16 RMB, an increase from 2,415,117,287.45 RMB at the end of Q1 2023[15] - The company's cash and cash equivalents rose to ¥3,778,307,768.78 from ¥2,974,052,910.82, marking an increase of approximately 27.00%[75] Assets and Liabilities - Total liabilities as of the end of Q1 2024 were ¥69,205,296,865.70, an increase from ¥68,238,972,398.90 at the end of Q1 2023[5] - Non-current liabilities totaled ¥41,031,198,844.72 in Q1 2024, up from ¥39,647,429,773.82 in Q1 2023[5] - The company's total assets reached ¥121,603,930,762.47, slightly up from ¥121,060,638,399.35 in the previous year[5] - The company's total current assets increased to ¥11,482,932,392.79 as of March 31, 2024, up from ¥10,427,891,309.98 as of December 31, 2023, representing a growth of approximately 10.13%[75] - The company’s total non-current assets amounted to 110,120,998,369.68 RMB, a slight decrease from 110,632,747,089.37 RMB in Q1 2023[18] - Shareholders' equity attributable to the listed company decreased by 0.86% to 49,187,744,445.34 RMB compared to the end of the previous year[44] Shareholder Information - The total number of common shareholders at the end of the reporting period was 58,849[36] - Xiamen Jindaf Co., Ltd. holds 1,042,958,475 shares, accounting for 23.95% of total shares[36] - Hongxing Meikailong Holding Group Co., Ltd. holds 954,890,035 shares, accounting for 21.93% of total shares[36] Other Comprehensive Income - Other comprehensive income after tax for Q1 2024 was -¥55,212,776.60, compared to ¥60,341,184.68 in Q1 2023[10] - The total net loss for the period was -252,231,494.15 million after tax effects and minority interests[34] - The fair value change of investment properties measured at fair value resulted in a loss of -330,407,613.85 million[33] - The fair value loss of investment properties was 324 million RMB, an increase of 314 million RMB compared to the previous year[49] - The company recognized a gain of 40,257,142.82 million from funds occupied by non-financial enterprises[33] - Other non-recurring gains and losses amounted to 3,482,959.06 million, including investment income from joint ventures and disposal of subsidiaries[33] Adjustments and Revisions - The company adjusted its financial statements for 2019 to 2022, with the impact on net profit attributable to shareholders being 6.50%, 0.81%, 2.56%, and 25.39% for those years respectively[79]