金科股份(000656) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥7,503,815,256.73, a decrease of 24.59% compared to ¥9,950,998,082.55 in the same period last year[4] - The net profit attributable to shareholders was -¥1,161,237,378.19, representing a decline of 293.12% from -¥295,390,957.82 in the previous year[4] - The net cash flow from operating activities was -¥929,473,500.58, a significant drop of 1,814.67% compared to ¥54,207,134.39 in the same period last year[4] - The basic and diluted earnings per share were both -¥0.22, a decrease of 266.67% from -¥0.06 in the previous year[4] - The weighted average return on equity was -39.60%, down 37.20 percentage points from -2.40% in the same period last year[4] - Net profit for Q1 2024 was -¥1,124,247,068.62, compared to -¥118,864,586.12 in the previous year, indicating a significant increase in losses[32] - The net profit attributable to shareholders, excluding non-recurring gains and losses, was -878 million RMB[38] - The company achieved a total revenue of 7.504 billion RMB, a decrease of 24.59% compared to the same period last year[38] Assets and Liabilities - Total assets decreased by 3.51% to ¥216,354,058,814.23 from ¥224,219,423,728.11 at the end of the previous year[17] - The equity attributable to shareholders decreased by 32.80% to ¥2,357,822,808.20 from ¥3,508,436,211.76 at the end of the previous year[17] - The company's total liabilities amounted to approximately 197.01 billion RMB[42] - The total equity attributable to shareholders of the parent company was approximately 2.36 billion RMB[42] Operating Expenses - Financial expenses increased by 257.84% to ¥1,098,022,959.35, primarily due to increased borrowing interest expenses[8] - The fair value change loss was -¥379,803,777.07, an increase of 52.79% compared to -¥248,571,680.61 in the previous year[8] - The company reported a significant increase in operating expenses, with non-operating expenses totaling ¥240,224,404.88, up 61.13% from ¥149,088,842.38 in the previous year[8] - Total operating costs for Q1 2024 were ¥8,080,534,755.63, down from ¥9,672,537,842.38, reflecting a reduction in operating costs[31] - Sales expenses decreased by 32.13% to ¥214,276,336.18 from ¥315,698,726.11, attributed to a decline in sales scale[29] - Tax and additional charges increased by 71.27% to ¥288,166,443.66 from ¥168,253,103.47, primarily due to rising tax burdens[29] Cash Flow - Cash and cash equivalents at the end of Q1 2024 were ¥2,532,284,611.30, down from ¥9,805,594,379.11 at the end of the previous year[35] - The net cash flow from operating activities for Q1 2024 was -¥929,473,500.58, a significant decrease compared to ¥54,207,134.39 in Q1 2023, indicating a decline in operational efficiency[48] - Total cash inflow from operating activities was ¥2,991,380,413.10, while cash outflow was ¥3,920,853,913.68, resulting in a net cash outflow of ¥929,473,500.58[48] - Cash received from tax refunds amounted to ¥40,898,842.85, contributing to the overall cash inflow from operating activities[48] - The company reported cash inflow from investment activities of ¥9,393,212.83, with a net cash flow from investment activities of ¥7,746,961.21[48] - Cash inflow from financing activities was ¥59,659,031.53, while cash outflow totaled ¥535,375,702.25, leading to a net cash outflow of ¥475,716,670.72[48] - The company paid ¥349,106,292.10 for debt repayment and interest distribution during the financing activities[48] - Cash paid to employees was ¥334,887,825.45, reflecting the company's commitment to its workforce despite the overall cash flow challenges[48] - The total cash outflow for other operating activities reached ¥828,462,365.72, indicating significant operational expenses[48] - The company experienced a decrease in cash received from other operating activities, which was ¥1,174,138,381.78 compared to ¥1,509,858,898.47 in the previous year[48] Strategic Initiatives - The company is focused on stabilizing operations and promoting transformation and upgrading, as part of its strategic initiatives[25] - The company continues to explore the potential of its assets and release sellable resources[38] - The company is adjusting to new accounting standards starting in 2024, which may impact future financial reporting and performance metrics[50] Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 228,619[37] - The largest shareholder, Huang Hongyun, holds 8.78% of the shares, totaling 468,779,979 shares[37] - The second-largest shareholder, Chongqing Jinke Investment Holdings, holds 4.55% of the shares, totaling 242,860,865 shares[37]