凤凰股份(600716) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 44,346,863.98, representing a decrease of 79.45% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of CNY 14,418,252.15, reflecting a decline of 135.45% year-over-year[5] - The basic earnings per share (EPS) was -CNY 0.0154, down 135.40% from the previous year[5] - Total operating revenue for Q1 2024 was CNY 44,346,863.98, a decrease of 79.5% compared to CNY 215,754,310.29 in Q1 2023[21] - The net profit for Q1 2024 was a loss of CNY 14,418,252.15, compared to a profit of CNY 40,675,130.70 in Q1 2023, representing a significant decline[22] - The total comprehensive income for Q1 2024 was a loss of CNY 44,480,292.90, compared to a gain of CNY 150,466,931.70 in Q1 2023[23] - Basic and diluted earnings per share for Q1 2024 were both CNY -0.0154, compared to CNY 0.0435 in Q1 2023[23] Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 8,012,603,523.54, an increase of 1.41% from the end of the previous year[6] - The total assets as of March 31, 2024, amounted to RMB 8,012,603,523.54, an increase from RMB 7,900,859,028.13 as of December 31, 2023, reflecting a growth of approximately 1.42%[18] - The total current assets reached RMB 5,787,488,330.83, compared to RMB 5,690,456,116.25 at the end of 2023, indicating an increase of about 1.72%[18] - The total liabilities as of March 31, 2024, were RMB 2,204,088,956.58, compared to RMB 2,120,359,820.53 at the end of 2023, representing an increase of about 3.93%[18] - Total liabilities as of Q1 2024 were CNY 2,923,883,573.67, up from CNY 2,767,658,785.36 in Q1 2023, indicating a growth of 5.6%[22] - Total equity attributable to shareholders as of Q1 2024 was CNY 5,088,719,949.87, a slight decrease from CNY 5,133,200,242.77 in Q1 2023[22] Cash Flow - The net cash flow from operating activities was CNY 9,462,108.77, significantly increased due to a rise in the area of residential properties sold[5] - The net cash flow from operating activities for Q1 2024 was 9,462,108.77, a significant improvement compared to -124,068,684.87 in Q1 2023, indicating a turnaround in operational efficiency[26] - Total cash inflow from operating activities amounted to 276,255,958.64, while cash outflow was 266,793,849.87, resulting in a net increase of 9,462,108.77[26] - Cash received from sales of goods and services in Q1 2024 was CNY 270,912,051.44, an increase of 197.5% from CNY 91,168,805.95 in Q1 2023[25] - The company reported a net decrease in cash and cash equivalents of -56,802,156.84 for Q1 2024, compared to -325,327,974.23 in Q1 2023[27] - The ending balance of cash and cash equivalents as of the end of Q1 2024 was 996,910,454.27, up from 646,547,425.97 at the end of Q1 2023[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,196[10] - The largest shareholder, Jiangsu Phoenix Publishing and Media Group Co., Ltd., held 52.12% of the shares[11] Operational Insights - The company reported a significant drop in net profit due to the absence of concentrated project deliveries in the current quarter, unlike the previous year[8] - The company did not report any new product developments or market expansion strategies in this quarter[8] Inventory and Receivables - The cash and cash equivalents decreased to RMB 998,240,454.27 from RMB 1,055,042,611.11, a decline of approximately 5.38%[17] - The inventory increased to RMB 4,589,892,508.20 from RMB 4,494,874,173.64, showing a growth of around 2.11%[17] - The accounts payable decreased to RMB 26,801,870.72 from RMB 40,992,365.10, a reduction of approximately 34.56%[18] - The long-term receivables decreased slightly to RMB 174,856,569.91 from RMB 182,445,431.31, a decline of approximately 4.25%[18] - The total non-current assets amounted to RMB 2,225,115,192.71, a slight increase from RMB 2,210,402,911.88, indicating a growth of about 0.67%[18] - The contract liabilities increased significantly to RMB 384,972,992.10 from RMB 165,450,695.95, reflecting a growth of about 132.73%[18]