CCCG Real Estate Corporation (stock code: 000736) recently released its 2024 first quarter financial report. As an enterprise with profound strength in the real estate field, its financial report naturally attracts the attention of many investors. Next, we will analyze the first quarter financial report of CCCG Real Estate Corporation from multiple dimensions, such as asset-liability data, profit data, and cash flow data.

First, let's look at the asset-liability situation. At the end of the reporting period, CCCG Real Estate Corporation's total assets reached 121.293 billion yuan, a slight decrease of 1.10% compared to the end of the previous year. This is mainly due to the company's optimization and disposal of some assets in the current period. At the same time, the owner's equity attributable to the shareholders of the listed company also decreased by 13.54% to 13.968 billion yuan. Although both assets and equity have decreased, the company's asset-liability ratio has decreased slightly from 85.59% at the beginning of the period to 85.53%, indicating that the company has achieved certain results in financial risk control.

Next, let's analyze the profit level. In the first quarter, the company achieved operating income of 34.589 billion yuan, an increase of 28.64% compared to the same period of the previous year, thanks to the increase in housing transfer income in this period. However, the performance of net income was not satisfactory. The net income attributable to shareholders of the listed company was -219 million yuan, a year-on-year decrease of 8.39%. After deducting non-recurring gains and losses, net income decreased by 9.08% to -228 million yuan. In addition, the weighted average return on net assets also plummeted from -6.22% in the same period of the previous year to -14.53%, indicating that the company's profitability is under considerable pressure.

Now let's take a look at the cash flow situation. The net cash flow from operating activities was positive, reaching 1.254 billion yuan, a significant improvement compared to the -1.05 billion yuan in the same period of the previous year, with an increase of 219.50%. This is mainly due to the decrease in expenditures such as land payments in this period. However, the cash flow from investment activities and financing activities showed different trends. Cash inflows from investment activities decreased significantly by 64.20%, while outflows surged by 211.78%, reflecting the company's adjustment of investment strategies for associated enterprises. Cash inflows and outflows from financing activities also decreased by 78.77% and 54.58%, respectively, indicating that the company adopted a more cautious attitude towards financing.

In summary, the 2024 first quarter report of CCCG Real Estate Corporation presents a mixed situation of joy and worry. Although the company has achieved positive results in asset-liability control and operating cash flow improvement, the continuous decline in net income and the fluctuation of cash flow from investment and financing activities cannot be ignored. In the future, CCCG Real Estate Corporation needs to further optimize its asset structure, enhance its profitability, and carefully respond to the complex and ever-changing investment and financing environment to ensure the company's stable development.