新城控股(601155) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 14,356,904,271, representing a decrease of 11.66% compared to the same period last year[4] - The net profit attributable to shareholders was CNY 227,174,545, down 65.50% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 289,349,008, a decrease of 46.28% compared to the previous year[4] - The net cash flow from operating activities was CNY 1,033,125,501, reflecting a decline of 50.70% year-on-year[4] - The basic and diluted earnings per share were both CNY 0.10, down 65.52% year-on-year[4] - The weighted average return on equity was 0.38%, a decrease of 0.72 percentage points compared to the previous year[4] - Total operating revenue for Q1 2024 was CNY 14,356,904,271, a decrease of 11.6% from CNY 16,252,116,407 in Q1 2023[19] - Net profit for Q1 2024 was CNY 278,279,016, a decline of 60.2% compared to CNY 698,579,978 in Q1 2023[20] - The net profit attributable to shareholders of the parent company for Q1 2024 is ¥227,174,545, a decrease of 65.5% compared to ¥658,455,089 in Q1 2023[21] - The total comprehensive income for Q1 2024 is ¥278,372,540, down from ¥1,026,116,778 in Q1 2023, reflecting a decline of 72.9%[21] - The basic earnings per share for Q1 2024 is ¥0.10, compared to ¥0.29 in Q1 2023, representing a decrease of 65.5%[21] - The net profit for Q1 2024 was a loss of ¥75,835,794, compared to a profit of ¥247,454,096 in Q1 2023, indicating a significant decline in profitability[28] Assets and Liabilities - The total assets at the end of the reporting period were CNY 368,082,565,784, a decrease of 1.61% from the end of the previous year[5] - The company's total assets decreased to CNY 368,082,565,784 from CNY 374,108,790,001, reflecting a reduction of 1.1%[18] - Total liabilities decreased to CNY 281,664,565,102 from CNY 287,705,381,258, a decline of 2.1%[18] - The total liabilities increased to ¥84,441,585,075 in Q1 2024, compared to ¥83,966,537,563 in Q1 2023, indicating a growth of about 0.57%[25] - The company's equity decreased to ¥11,687,304,888 in Q1 2024 from ¥11,763,140,682 in Q1 2023, a decline of approximately 0.65%[25] Cash Flow - Cash inflows from operating activities for Q1 2024 amount to ¥11,748,468,000, a decline of 31.5% from ¥17,234,802,049 in Q1 2023[22] - Cash outflows from operating activities for Q1 2024 total ¥10,715,342,499, down from ¥15,139,105,733 in Q1 2023, indicating a decrease of 29.5%[22] - The net cash flow from operating activities for Q1 2024 is ¥1,033,125,501, a decrease of 50.7% compared to ¥2,095,696,316 in Q1 2023[22] - Cash inflow from operating activities totaled ¥2,679,754 in Q1 2024, down from ¥41,563,007 in Q1 2023, reflecting a decrease of approximately 93.6%[29] - The net cash flow from operating activities was -¥185,461,227 in Q1 2024, compared to -¥167,435,458 in Q1 2023, showing a worsening cash flow situation[29] - The cash and cash equivalents at the end of Q1 2024 were ¥2,117,466, compared to ¥242,095,705 at the end of Q1 2023, reflecting a decrease of approximately 99.1%[29] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 73,672[11] - The company reported a total of 49,262,855 shares held by Hong Kong Central Clearing Limited, making it one of the top shareholders[12] - The company has not identified any other related party relationships among shareholders, except for specific funds managed by related entities[12] Strategic Initiatives - The company plans to extend the validity period of the resolution for issuing A-shares to March 28, 2025, to ensure continuity in the issuance process[14] - The company is undergoing a strategic adjustment regarding the issuance of A-shares, which requires approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission[14] - The company plans to focus on cost management and operational efficiency to improve financial performance in the upcoming quarters[27] - The company is focused on improving its financial performance and cash flow management in the upcoming quarters[30] Research and Development - Research and development expenses for Q1 2024 were CNY 3,051,445, a decrease of 24.7% from CNY 4,049,821 in Q1 2023[20] Management - The company’s management team includes Wang Xiaosong as the responsible person and Guan Youdong as the head of the accounting department[29]