Stock Code: 000029, 200029 Stock Name: SPG, SPG-B Announcement No.: 2024-015
SHENZHEN SPECIALECONOMIC ZONE REAL ESTATE
& PROPERTIES (GROUP) CO., LTD.
FIRST QUARTERLY REPORT 2024
Shenzhen Special Economic Zone Real Estate & Properties (Group) Co., 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, Chief Financial Officer, and head of the Company’s 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 YoY change (%)
Operating revenue (RMB) 59,214,773.99 109,155,515.74 -45.75%
Net profit attributable to the listed 1,896,582.37 -35,653,798.52 105.32%
company’s shareholders (RMB)
Net profit attributable to the listed
company’s shareholders before -3,975,227.45 -37,833,791.48 89.49%
exceptional gains and losses (RMB)
Net cash generated from/used in -90,276,362.78 -183,238,769.33 50.73%
operating activities (RMB)
Basic earnings per share (RMB/share) 0.0019 -0.0352 105.40%
Diluted earnings per share (RMB/share) 0.0019 -0.0352 105.40%
Weighted average return on equity (%) 0.05% -0.89% 0.94%
31 March 2024 31 December 2023 Change (%)
Total assets (RMB) 6,472,600,397.41 6,485,312,507.46 -0.20%
Equity attributable to the listed 3,694,337,301.88 3,691,082,484.20 0.09%
company’s shareholders (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 accordance with 82,894.69 Government grants
defined criteria and in compliance with government policies, and have a received
continuing impact on the Company's profit or loss)
Gain or loss on fair-value changes in financial assets and liabilities held by a non- Gains on changes in fair
financial enterprise, as well as on disposal of financial assets and liabilities value and investment
(exclusive of the effective portion of hedges that is related to the Company's 5,106,767.14 income arising from
normal business operations) investing monetary
funds
Non-operating income and expense other than the above 937,544.79
Less: Income tax effects 255,109.87
Non-controlling interests effects (net of tax) 286.93
Total 5,871,809.82 --
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 Di