Stock Code: 000011, 200011 Stock Name: PRD, PRD-B Announcement No. 2024-17
SHENZHEN PROPERTIES & RESOURCES DEVELOPMENT
(GROUP) LTD.
FIRST QUARTERLY REPORT 2024
ShenZhen Properties & Resources Development (Group) Ltd. (hereinafter referred to as the “Company”) and all the members of
the Company’s Board of Directors hereby guarantee that the contents of this Report are true, accurate and complete and free of any
misrepresentations, misleading statements or material omissions.
Important Notes:
1. The Board of Directors, the Supervisory Committee as well as the directors, supervisors and senior management of the Company
hereby guarantee that the contents of this Report are true, accurate and complete and free of any misrepresentations, misleading
statements or material omissions, and collectively and individually accept legal responsibility for such contents.
2. The Company’s legal representative, head of financial affairs, and head of the financial department (equivalent to financial
manager) hereby guarantee that the financial statements carried in this Report are true, accurate and complete.
3. Indicate whether the financial statements in this Report have been audited by an independent auditor.
□Yes No
This Report has been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the two
versions, the Chinese version shall prevail.
I Key Financial Information
(I) KeyAccounting Data and Financial Indicators
Indicate whether there is any retrospectively restated datum in the table below.
□Yes No
Q1 2024 Q1 2023 Change (%)
Operating revenue (RMB) 406,582,462.31 411,469,619.15 -1.19%
Net profit attributable to the
listed company’s shareholders 463,582.22 13,216,750.95 -96.49%
(RMB)
Net profit attributable to the
listed company’s shareholders 222,779.46 13,335,100.35 -98.33%
before exceptional gains and
losses (RMB)
Net cash generated from/used -647,860,412.07 -419,149,918.25 -54.57%
in operating activities (RMB)
Basic earnings per share 0.0008 0.0222 -96.40%
(RMB/share)
Diluted earnings per share 0.0008 0.0222 -96.40%
(RMB/share)
Weighted average return on 0.01% 0.30% -0.29%
equity (%)
31 March 2024 31 December 2023 Change (%)
Total assets (RMB) 16,889,161,356.97 16,988,062,068.09 -0.58%
Equity attributable to the
listed company’s shareholders 4,662,198,838.67 4,661,810,328.76 0.01%
(RMB)
(II) Exceptional Gains and Losses
Applicable □ Not applicable
Unit: RMB
Item Q1 2024 Note
Government grants recognised in profit
or loss (exclusive of those that are
closely related to the Company's normal
business operations and given in 212,878.00 One-time government grants received
accordance with defined criteria and in
compliance with government policies,
and have a continuing impact on the
Company's profit or loss)
Non-operating income and expense other 230,987.35
than the above
Less: Income tax effects 84,665.42
Non-controlling interests effects 118,397.17
(net of tax)
Total 240,802.76 --
Other items that meet the definition of exceptional gain/loss:
□Applicable Not applicable
No such cases in the Reporting Period.
Explanation of why the Company reclassifies as recurrent an exceptional gain/loss item listed in the Explanatory Announcement
No. 1 on Information Disclosure for Companies Offering Their Securities to the Public—Exceptional Gain/Loss Items:
□Applicable Not applicable
No such cases in the Reporting Period.
(III) Changes in Key Financial Statement Line Items and Explanation of why
Applicable □ Not applicable
Balance sheet line 31 March 2024 1 January 2024 Change (%) Main reasons for the change
items
Other current assets 166,159,988.04 127,774,825.51 30.04%Increase in debit balance of reclassified