Financial Performance - In 2017, the company's operating revenue reached ¥15,216,048,901.01, an increase of 31.51% compared to ¥11,570,681,956.33 in 2016[22] - The net profit attributable to shareholders was ¥1,011,287,680.85, reflecting a growth of 14.79% from ¥880,995,400.97 in the previous year[22] - The net profit after deducting non-recurring gains and losses was ¥647,654,507.52, which is a 6.72% increase from ¥606,862,588.63 in 2016[22] - The company's total assets increased by 10.48% to ¥71,952,754,603.47 at the end of 2017, up from ¥65,124,736,688.55 in 2016[22] - The basic earnings per share rose to ¥0.66, a 13.79% increase compared to ¥0.58 in 2016[23] - The weighted average return on equity increased to 10.72%, up 0.63 percentage points from 10.09% in 2016[23] - The company reported a significant cash flow from operating activities of ¥14,412,330,842.27, a substantial recovery from a negative cash flow of -¥1,491,138,509.88 in 2016[22] - The company's net assets attributable to shareholders increased by 9.18% to ¥9,846,077,525.20 at the end of 2017[22] Market Expansion and Strategy - The company has expanded its market presence to nearly 20 cities, including major cities like Shanghai, Guangzhou, and Shenzhen, enhancing its market influence[30] - The company is shifting its revenue model from solely project development profits to a diversified income stream including investment returns and regulatory construction income[34] - The company is actively pursuing mergers and acquisitions to enhance its capital strength and project reserves, aiming for sustainable growth[34] - The company is focusing on residential projects, with 100% equity in most ongoing and new projects, indicating a strong commitment to the residential real estate market[78] - The company plans to expand its market presence with new projects in Hefei and Wuhu, contributing to its overall growth strategy[78] Operational Efficiency - The company experienced a net cash flow from operating activities of approximately ¥9.01 billion for the year, indicating strong operational efficiency[26] - The company achieved operating revenue of RMB 15.22 billion, a 31.50% increase from RMB 11.57 billion in the same period last year[49] - The operating costs amounted to ¥10,930,933,268.56, a 25.56% rise from ¥8,706,015,125.27, correlating with the increase in revenue recognition[59] - Cash flow from operating activities saw an 8.13% increase, totaling ¥17,773,522,675.96 compared to ¥16,437,134,775.71 in the previous year[61] Investment and Financing - The company’s total financing at the end of the period reached RMB 3,839,095.33 million, with an average financing cost of 5.74%[87] - The company reported a significant increase in long-term equity investments, with a total balance of RMB 23.51 billion, up 199.11% from the previous year[89] - The company made new equity investments totaling RMB 9,800 million in Wuhu Baoxin Real Estate, with a holding ratio of 49%[89] - The company has various entrusted loans with annualized returns ranging from 8% to 14.5%, indicating a focus on high-yield investments[141] Profit Distribution and Dividends - The company plans to distribute a cash dividend of ¥1.20 per 10 shares, totaling ¥182,911,253.04, while retaining profits for future operational needs[4] - The company will prioritize cash dividends, distributing at least 10% of the distributable profits annually, with a focus on maintaining stability and sustainability in profit distribution[111] - The profit distribution plan aligns with the company's articles of association and the shareholder dividend return plan for 2018-2020, emphasizing sustainable development and reasonable investor returns[114] Real Estate Market Trends - The national real estate market saw a record sales area of 1,694.08 million square meters in 2017, a 7.7% increase year-on-year, with total sales revenue reaching 13,370.1 billion yuan, up 13.7%[38] - The real estate industry in China is experiencing increased concentration, with the top ten companies accounting for 24.1% of total sales, indicating a competitive landscape[33] - The company anticipates a gradual adjustment in the real estate market in 2018, with potential cooling in overheated core cities while maintaining performance in vibrant markets[45] Corporate Governance and Management - The company has appointed Ernst & Young Hua Ming as its auditor for a fee of CNY 2,650,000, with an additional CNY 500,000 for internal control audit services[124] - The company has a structured process for determining the remuneration of directors and senior management, which includes proposals from the compensation and assessment committee[172] - The company has a diverse management team with experience in various sectors, contributing to its strategic direction[169] Future Outlook - The macroeconomic environment in China is expected to support the healthy development of the real estate market, with a GDP growth target of around 6.5% for 2018[101] - The company plans to achieve a signed equity sales amount of 27 billion RMB and a project investment amount of 10 billion RMB in 2018[105] - The company aims to start construction on 900,000 square meters and complete 1.1 million square meters in 2018[105]

2017 年第三季度报告 公司代码：600657 公司简称：信达地产 信达地产股份有限公司 2017 年第三季度报告 1 / 28 | 目录 | | --- | | 一、重要提示 | 3 | | --- | --- | | 二、公司基本情况 | 3 | | 三、重要事项 | 6 | | 四、附录 | 17 | 2017 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人丁晓杰、主管会计工作负责人张宁及会计机构负责人（会计主管人员）周慧芬保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 3 / 28 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年 度末增减(%) 总资产 67,544,422,154.74 65,124,736,688.55 3.72 归属于上市公司股东的净资产 9,139,666,873.78 9,0 ...

Financial Performance - The company's operating revenue for the first half of 2017 was ¥6,049,173,197.22, representing a 97.16% increase compared to ¥3,068,137,188.04 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2017 was ¥245,360,412.66, an increase of 88.18% from ¥130,387,946.54 in the previous year[21]. - The net cash flow from operating activities was ¥3,894,277,538.41, a significant improvement from a negative cash flow of ¥340,979,721.60 in the same period last year[21]. - The basic earnings per share for the first half of 2017 was ¥0.16, up 77.78% from ¥0.09 in the same period last year[22]. - The total revenue for the reporting period reached CNY 6.05 billion, a 97.16% increase compared to CNY 3.07 billion in the same period last year[45]. - The net profit attributable to the parent company was CNY 2.45 billion, reflecting an 88.46% increase from CNY 1.30 billion year-on-year[45]. - The company reported a total profit for the first half of 2017 of approximately ¥511.81 million, an increase from ¥274.11 million in the same period last year, representing an increase of 86.5%[149]. - The net profit attributable to the parent company's shareholders was approximately ¥245.36 million, compared to ¥130.39 million in the previous year, reflecting an increase of 88.0%[149]. Assets and Liabilities - The total assets at the end of the reporting period were ¥67,003,750,724.08, reflecting a 2.89% increase from ¥65,124,736,688.55 at the end of the previous year[21]. - The company's total assets increased to CNY 67.00 billion, up from CNY 65.12 billion at the beginning of the year, marking an increase of CNY 1.79 billion[46]. - The company's debt-to-asset ratio stood at 86.03%, an increase of 0.34 percentage points from the beginning of the year[46]. - The total liabilities decreased to ¥20,948,188,543.61 from ¥22,096,371,421.16, showing a reduction of about 5.2%[146]. - The company’s total liabilities decreased by 29.69% for current non-current liabilities due within one year, amounting to ¥5,101,500,000.00[70]. Cash Flow - The net cash flow from operating activities was approximately ¥3.89 billion, a recovery from a negative cash flow of ¥340.98 million in the previous year[154]. - The total cash inflow from operating activities reached CNY 10,079,075,996.19, up from CNY 8,911,694,791.63 in the previous year, indicating a growth of approximately 13.1%[158]. - Cash outflow from operating activities decreased to CNY 7,462,287,410.43 from CNY 12,641,522,266.71, representing a reduction of about 41.2%[158]. - The net cash flow from financing activities was negative at CNY -1,666,464,876.92, a decline from a positive CNY 5,793,935,520.06 in the same period last year[159]. Market and Industry Insights - The company operates primarily in real estate development, supported by commercial property management, real estate finance, and property services, establishing a mature business structure across three systems: development, investment, and professional services[27]. - The company maintains confidence in the long-term development of China's real estate market and aims to enhance its core competitiveness for sustainable growth[30]. - The company is transitioning from a single focus on project development profits to a diversified income model that includes investment returns and regulatory construction income[34]. - The company is actively exploring innovative paths for industry mergers and acquisitions, leveraging shareholder resource advantages to enhance capital strength and project reserves[34]. Projects and Developments - The company has a total of 1,580,293 square meters of land reserved for future development, with a total planned construction area of 2,797,052 square meters[55]. - The company is currently developing multiple projects, including a residential project in Shanghai with a total investment of ¥740,000,000[58]. - The total sales area for real estate during the reporting period reached 812,497 square meters, generating a total investment of approximately 6.05 billion yuan[63]. - The company achieved a sales area of 658,700 square meters, generating a sales revenue of 10.599 billion yuan, reflecting a strong market performance[66]. Corporate Governance and Compliance - The company appointed Ernst & Young Hua Ming as the auditor for the fiscal year 2017, with a total service fee of RMB 3.15 million, including RMB 2.65 million for financial statement audit and RMB 0.5 million for internal control audit[93]. - There were no significant litigation or arbitration matters during the reporting period, indicating a stable legal environment for the company[94]. - The company has not reported any significant changes in its corporate governance or management structure during the reporting period[95]. - The company is committed to avoiding competition with its affiliates and ensuring compliance with related commitments[92]. Financial Instruments and Accounting Policies - The financial statements are prepared based on the accounting standards issued by the Ministry of Finance, reflecting the financial position and operating results as of June 30, 2017[183]. - The company recognizes cash and cash equivalents as cash on hand and deposits that are readily available for payment[194]. - The company applies foreign currency transaction translation based on the exchange rate at the transaction date and adjusts for monetary items at the balance sheet date[195]. - Financial liabilities are derecognized when the obligation is fulfilled, cancelled, or expires, and substantial modifications to existing liabilities are treated as derecognition of the old liability and recognition of a new one[198].

2017 年第一季度报告 公司代码：600657 公司简称：信达地产 信达地产股份有限公司 2017 年第一季度报告 1 / 25 | 一、重要提示 | 3 | | --- | --- | | 二、公司基本情况 | 3 | | 三、重要事项 | 5 | | 四、附录 | 15 | 2017 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增减(%) | | | --- | --- | --- | --- | --- | | 总资产 | 68,610,505,865.30 | 65,124,736,688.55 | 5.35 | | | 归属于上市公司股东的净资产 | 8,884,301,109.45 | 9,018,323,129.93 | -1.49 | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的现金流量净额 | -166,240,180.15 | 455,560,528.71 | | -136.49 | | | 年初至报告期末 | 上年 ...

Financial Performance - The company's operating revenue for 2016 was CNY 11,570,681,956.33, representing a 42.22% increase compared to CNY 8,135,592,908.88 in 2015[21] - The net profit attributable to shareholders for 2016 was CNY 880,995,400.97, a slight increase of 2.42% from CNY 860,166,044.10 in 2015[21] - The net profit after deducting non-recurring gains and losses was CNY 606,862,588.63, which is a decrease of 24.21% compared to CNY 800,692,373.33 in 2015[21] - The company's total assets at the end of 2016 were CNY 65,124,736,688.55, reflecting a 24.80% increase from CNY 52,184,125,543.98 at the end of 2015[21] - The net assets attributable to shareholders increased to CNY 9,018,323,129.93, a growth of 6.79% from CNY 8,444,838,765.62 in 2015[21] - The basic earnings per share for 2016 was CNY 0.58, up 3.57% from CNY 0.56 in 2015[22] - The weighted average return on equity for 2016 was 10.09%, a decrease of 0.51 percentage points from 10.60% in 2015[22] - The net cash flow from operating activities for 2016 was negative CNY 1,491,138,509.88, an improvement from negative CNY 4,345,542,250.55 in 2015[21] Market Expansion and Strategy - The company has expanded its market presence to nearly twenty cities, focusing on a balanced distribution across first, second, and third-tier cities[29] - The company is transitioning from a focus on project development profits to a diversified income model that includes investment returns and regulatory construction income[30] - The company entered key markets such as Shanghai, Shenzhen, Guangzhou, and Hangzhou in 2016, achieving strong sales performance in these regions[52] - The company is focusing on residential and commercial mixed-use developments, as seen in the project Xinda Blue Lake in Wuhu[87] - The company has ongoing projects in multiple cities, including Shanghai, Ningbo, Jiaxing, and Hefei, indicating a broad market expansion strategy[87] Real Estate Market Trends - The real estate industry saw a concentration increase, with the top ten companies achieving a market share of 18.3% in sales amount[31] - In 2016, the national sales area of commercial housing reached 157,349 million square meters, an increase of 22.5% compared to the previous year[40] - The sales revenue of commercial housing was 11,762.7 billion yuan, growing by 34.8%, with residential sales revenue increasing by 36.1%[40] - By the end of 2016, the nationwide inventory of unsold commercial housing was 69,539 million square meters, a decrease of 3.2% year-on-year, with residential unsold inventory down by 11.0%[45] - The area of new housing starts in 2016 was 166,928 million square meters, reflecting an 8.1% increase, indicating sufficient potential supply in the market[45] Investment and Financing - The company issued 30 billion yuan in small public bonds and 60 billion yuan in private bonds, optimizing its financing structure[57] - The company reported a total financing amount of 3,808.77 million RMB, with an average financing cost of 7.61%[92] - The company’s long-term borrowings increased by 33.98% to ¥17.65 billion, reflecting an expansion in financing[75] - The company has committed RMB 400 million in entrusted loans to Shandong Dayu Automotive Parts Co., Ltd. with an interest rate of 8.00%[142] - The company has a total of RMB 1.69 billion in debt provided to entities with a debt-to-asset ratio exceeding 70%[140] Corporate Governance and Social Responsibility - The company plans to adhere to the core value of "integrity, integration, innovation, and excellence" while fulfilling its social responsibilities[38] - The company is committed to sustainable development and corporate social responsibility, as reflected in its governance practices and strategic planning[180] - The company has a structured approach to risk evaluation and management, improving its risk warning capabilities[180] - The company actively engaged with institutional investors and analysts, enhancing its communication and reputation in the media[181] Employee Development and Corporate Culture - The company introduced nearly 100 new talents throughout the year, enhancing its talent pool significantly[37] - The company emphasized a corporate culture focused on innovation, responsibility, and compliance, which has strengthened employee recognition and belonging[38] - The company conducted 31 training sessions with a total of 576 participants by December 31, 2016, focusing on enhancing professional skills and management capabilities[178] - The company has implemented a competitive salary policy that emphasizes performance rewards based on annual operating results and management indicators[176] Dividend Policy - The company plans to distribute a cash dividend of CNY 1.20 per 10 shares, totaling CNY 182,911,253.04[2] - The company maintains a cash dividend policy that requires at least 10% of the distributable profit to be distributed in cash each year, with a cumulative cash distribution over the last three years not less than 30% of the average annual distributable profit[121] - The company’s cash dividend payout ratio for 2015 was 17.72%, while for 2014 it was 19.86%[125] - The company has committed to a differentiated cash dividend policy based on its development stage, with a minimum cash dividend ratio of 80% for mature stages without major capital expenditures[122] Risk Management - The company is aware of potential risks including market, industry, interest rate, and financial risks, and will implement strategies to mitigate these[114][116][117][118] - The company has made significant progress in internal control evaluation and risk management, continuously optimizing internal control systems[180] - The internal control audit conducted by Ernst & Young Huaming found no significant deficiencies in the company's financial reporting internal controls as of December 31, 2016[186] Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 62,582, an increase from 58,094 at the end of the previous month[155] - The largest shareholder, Xinda Investment Co., Ltd., holds 774,518,291 shares, representing 50.81% of the total shares, with 591,590,000 shares pledged[157] - The company has not reported any changes in the total number of ordinary shares or the structure of its share capital during the reporting period[151] - The company has no strategic investors or general legal entities among the top ten shareholders due to new share placements[159]

2016 年第三季度报告 公司代码：600657 公司简称：信达地产 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 18 | 2016 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人贾洪浩、主管会计工作负责人张宁及会计机构负责人（会计主管人员）周慧芬保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 信达地产股份有限公司 2016 年第三季度报告 1 / 31 二、 公司主要财务数据和股东变化 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | | 上年度末 | | 本报告期末比上年度末增减(%) | | --- | --- | --- | --- | --- | --- | | 总 ...

2016 年半年度报告 公司代码：600657 公司简称：信达地产 信达地产股份有限公司 2016 年半年度报告 重要提示 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 2016年4月15日，公司第七十次（2015年度）股东大会审议通过了《公司2015年度利润分配方 案》。根据公司《章程》规定，结合公司经营实际情况，每10股派发现金红利1.00元（含税）， 派发现金红利总金额152,426,044.20元，不进行资本公积金转增股本。公司2015年度现金红利已 于2016年6月7日分配实施完毕。 本半年报告期内，公司无利润分配预案或公积金转增股本预案。 六、 前瞻性陈述的风险声明 本报告所涉及的未来计划、发展战略等前瞻性陈述，不构成公司对投资者的实质承诺，请投 资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 1 / 149 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人贾洪 ...

2016 年第一季度报告 公司代码：600657 公司简称：信达地产 信达地产股份有限公司 2016 年第一季度报告 1 / 28 | 一、重要提示 3 | | --- | | 二、公司主要财务数据和股东变化 3 | | 三、重要事项 5 | | 四、附录 18 | 2016 年第一季度报告 一、 重要提示 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增减(%) | | | --- | --- | --- | --- | --- | | 总资产 | 53,624,776,825.95 | 52,184,125,543.98 | | 2.76 | | 归属于上市公司股东 | 8,281,001,057.46 | 8,444,838,765.62 | | -1.94 | | 的净资产 | | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的现金 | 455,560,528.71 | -2,475,683,973.51 | | 不适用 | | 流量净额 | | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期 ...

2015 年年度报告 公司代码：600657 公司简称：信达地产 信达地产股份有限公司 2015 年年度报告 重要提示 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 根据安永华明会计师事务所出具的审计报告，母公司2015年初未分配利润为395,266,640.64 元，2015年度净利润为265,027,267.17元，2015年度计提法定盈余公积26,502,726.72 元，2015 年末未分配利润为481,365,136.89元, 根据公司《章程》规定，结合公司经营实际情况，兼顾公 司长远发展和股东利益，公司2015年度拟进行利润分配，每10股派发现金红利1.00元（含税）， 派发现金红利总金额152,426,044.20元，不进行资本公积金转增股本。本次利润分配方案实施后 ，公司剩余未分配利润将结转以后年度分配。 六、 前瞻性陈述的风险声明 本报告所涉及的未来计划、发展战略等前瞻性陈述，不构成公司对投资者的实质承诺，请投 资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 1 / 168 一、 本公司董事 ...

2015 年第三季度报告 信达地产股份有限公司 2015 年第三季度报告 1 / 27 | 目录 | | --- | | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司主要财务数据和股东变化 3 | | 三、 | 重要事项 6 | | 四、 | 附录 16 | 2015 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人贾洪浩、主管会计工作负责人张宁及会计机构负责人（会计主管人员）周慧芬 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 2015 年第三季度报告 | 加权平均净资产收 | 2.15 | 3.47 | 增加 | -1.32 个百分点 | | --- | --- | --- | --- | --- | | 益率（%） | | | | | | 基本每股收益（元/ | 0.11 | 0.16 | | -31.25 | | 股） | | | ...