万通发展(600246) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥76,243,597.84, representing a decrease of 39.92% compared to the same period last year[4]. - The net profit attributable to shareholders of the listed company was -¥63,839,975.75, a decline of 134.73% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥46,841,325.49, down 35.41% from the previous year[4]. - The basic earnings per share were -¥0.0341, reflecting a decrease of 135.17% compared to the previous year[4][13]. - The net loss for Q1 2024 was ¥65,692,521.96, compared to a net loss of ¥27,914,190.68 in Q1 2023, indicating a significant decline in profitability[67]. - The comprehensive income attributable to the parent company decreased from CNY -27,943,617.70 to CNY -63,741,177.03, indicating a worsening of approximately 128%[45]. Cash Flow and Assets - The net cash flow from operating activities was -¥214,043,876.54, a significant decrease attributed to tax settlement payments not present in the same period last year[4][13]. - Cash and cash equivalents at the end of the period decreased from CNY 1,923,965,862.41 to CNY 1,140,988,936.36, a drop of approximately 40.6%[46]. - Operating cash flow from sales decreased significantly from CNY 115,764,186.62 to CNY 61,181,942.42, a decline of about 47.3%[46]. - Total assets at the end of the reporting period were ¥8,515,517,205.99, down 3.58% from the end of the previous year[4]. - The total assets include cash and cash equivalents of CNY 1.18 billion, down from CNY 1.44 billion in the previous period[37]. - Total assets decreased from CNY 8,831,416,267.27 to CNY 8,515,517,205.99, a reduction of approximately 3.6%[56]. Liabilities and Equity - Total liabilities decreased from CNY 2,828,614,947.79 to CNY 2,588,509,609.75, a reduction of approximately 8.5%[40]. - Current liabilities decreased from CNY 1,020,872,181.29 to CNY 784,881,169.11, representing a decline of about 23.1%[40]. - The company's total equity decreased from CNY 2,054,009,302.00 to CNY 1,987,381,962.00, reflecting a decline of about 3.2%[40]. - The equity attributable to shareholders of the listed company was ¥5,568,892,077.83, a decrease of 1.13% compared to the previous year[4]. - The company's total equity attributable to shareholders decreased from ¥5,632,633,254.86 to ¥5,568,892,077.83, a decline of approximately 1.1%[57]. Real Estate and Rental Income - The total contracted sales area in the real estate sector was 0.19 million square meters, with a total contracted sales amount of ¥16,632,500[13]. - The company reported a total rental area of 134,300 square meters, generating rental income of ¥5,236,130[13]. - In Q1 2024, the revenue from Beijing Wanto Center reached CNY 19.38 million, with a rental rate of 84%[30]. - Tianjin Wanto Center generated CNY 9.86 million in revenue, with a rental rate of 68%[30]. - Shanghai Wanto Center reported revenue of CNY 16.95 million, with a rental rate of 66%[30]. - Hangzhou Future Technology City A reported revenue of CNY 6.17 million, with a rental rate of 71%[30]. Strategic Adjustments - The company focused on transitioning to communication and digital technology, significantly reducing its traditional real estate development business[13]. - The total revenue from the projects in Q1 2024 showed a decline compared to the previous year due to market adjustments and sales strategy changes[29]. - The company plans to adjust its sales strategies in Q1 2024 based on market assessments, leading to expected revenue declines[29]. - The company is actively involved in market expansion and strategic adjustments to enhance its operational performance[29]. Expenses and Investments - Research and development expenses increased to ¥1,330,812.48 in Q1 2024, up from ¥660,010.28 in Q1 2023, representing a 101.4% increase[67]. - The company reported a significant increase in tax expenses, with payments totaling ¥235,327,386.24 in Q1 2024, compared to ¥57,033,698.47 in Q1 2023[62]. - The company recorded a loss from investments of ¥783,350.27 in Q1 2024, contrasting with a gain of ¥5,552,368.05 in Q1 2023[67]. - Other comprehensive income for Q1 2024 was ¥98,798.72, compared to a loss of ¥746,262.88 in Q1 2023, indicating a recovery in this area[67].