2019 年第三季度报告 1 / 26 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 9 | 2019 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 公司负责人王明忠、主管会计工作负责人张晔及会计机构负责人（会计主管人员）陈瑜保证 季度报告中财务报表的真实、准确、完整。 公司代码：600846 公司简称：同济科技 上海同济科技实业股份有限公司 2019 年第三季度报告 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 / 26 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 12,925,382,814.80 12,332,790,251.01 4.81 归属于上市公司股东的净资产 ...

Group 1: Event Details - The company will participate in the "2019 Shanghai Listed Companies Investor Collective Reception Day" on September 26, 2019 [2] - The event will be held online via the Shanghai Stock Exchange Information Network platform [2] - Investors can access the event through the "SSE Roadshow Center" website or its WeChat account [2] Group 2: Communication and Participation - The event will feature online communication with key company executives, including the General Manager and Financial Manager [2] - Topics of discussion will include corporate governance, development strategy, operational status, financing plans, and sustainable development [2] - The company encourages active participation from investors [2] Group 3: Company Assurance - The board of directors guarantees the announcement's content is free from false statements, misleading claims, or significant omissions [2] - The board takes individual and joint responsibility for the accuracy and completeness of the announcement [2]

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 1,842,795,618, representing an increase of 18.96% compared to CNY 1,549,080,472.88 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2019 was CNY 135,350,669.80, up 15.48% from CNY 117,205,036.15 in the previous year[18]. - The basic earnings per share for the first half of 2019 was CNY 0.22, reflecting a growth of 15.79% compared to CNY 0.19 in the same period last year[19]. - The company achieved operating revenue of 1.843 billion RMB, representing a year-on-year growth of 18.96%[37]. - The net profit for the period was 135 million RMB, an increase of 15.48% compared to the previous year[37]. - The company's net profit for the first half of 2019 was CNY 174,682,937.70, an increase of 23.4% compared to CNY 141,571,151.29 in the same period of 2018[107]. - Total comprehensive income for the first half of 2019 was CNY 174,538,234.57, compared to CNY 140,436,812.49 in the same period of 2018, marking an increase of 24.3%[107]. Cash Flow and Assets - The net cash flow from operating activities was negative CNY 361,023,020.83, a decrease of 156.22% compared to a positive CNY 642,214,925.22 in the same period last year[18]. - Total assets at the end of the reporting period were CNY 13,376,507,685.57, an increase of 8.46% from CNY 12,332,790,251.01 at the end of the previous year[18]. - The company's total current assets reached ¥11,509,163,278.38, up from ¥10,461,921,896.94, indicating an increase of about 10%[98]. - The company's cash and cash equivalents stood at ¥3,980,945,788.99, compared to ¥3,933,421,389.81, showing a slight increase of about 1.2%[98]. - Total cash and cash equivalents at the end of the period reached 3,808,614,683.54 RMB, up from 2,230,167,618.00 RMB year-on-year, indicating a 70.8% increase[113]. Liabilities and Equity - The total liabilities increased to CNY 10,316,583,480.06 from CNY 9,318,766,063.61, indicating a rise of about 10.7%[100]. - The total equity attributable to the parent company at the end of the reporting period was CNY 3,059,924,205.51, showing a slight decrease from the previous period[120]. - The company reported a decrease in undistributed profits from CNY 471,387,890.51 to CNY 410,810,804.42, a decline of about 12.9%[104]. - The total amount of guarantees provided by the company, excluding subsidiaries, is CNY 2,280 million at the end of the reporting period[66]. Business Strategy and Expansion - The company aims to become a leading urban construction and consulting service provider in China, leveraging its advantages in planning, design consulting, and green energy[21]. - The company is actively expanding into new business areas such as building energy efficiency and specialized technical services like TIS assessment consulting[22]. - The company is focusing on enhancing its core competitiveness in areas such as ecological environment governance and information consulting[38]. - The company is focusing on the Yangtze River Delta region for its real estate development projects, emphasizing steady growth[26]. Environmental Compliance and Initiatives - The company continues to adhere to local and national wastewater discharge standards, ensuring compliance with environmental regulations[73]. - The report indicates a commitment to maintaining high standards in wastewater treatment and environmental protection[73]. - The company has developed a comprehensive environmental self-monitoring plan, combining online and manual detection methods for pollution sources[80]. - The company has completed the construction and is now operating pollution prevention facilities, ensuring stable operation since the commencement of formal commercial operations[77]. Related Party Transactions - The company disclosed related party transactions, including RMB 57,200,000 in loans to Tongji University Architectural Design Research Institute, accounting for 25.23% of total related party transactions[62]. - The company engaged in various related party transactions, with a total of RMB 112,976,000 in loans to Shanghai Sunac Real Estate Development Co., accounting for 49.84% of total related party transactions[63]. - The company reported a rental income of RMB 865,030 from Shanghai Tongji Technology Park Incubator, representing 51.16% of related party transaction revenue[62]. Governance and Management - The company appointed Wang Mingzhong as the new chairman and Zhang Ye as the new general manager, effective for the term of the ninth board[95]. - The company has committed to ensuring compliance with the latest regulations from the China Securities Regulatory Commission regarding compensation measures[58]. - The company appointed Zhonghua Certified Public Accountants as the financial and internal control audit institution for the year 2019, with audit fees of RMB 900,000 for financial audit and RMB 300,000 for internal control audit[59]. Accounting Policies and Changes - The financial statements are prepared in accordance with the Chinese Accounting Standards, ensuring compliance and accuracy[132]. - The company implemented changes in accounting policies effective from January 1, 2019, including adjustments to financial asset reporting, which resulted in a reduction of available-for-sale financial assets by ¥24,176,306.32 and an increase in trading financial assets by ¥5,515,418.81[199]. - The company has not reported any significant accounting errors that require restatement during the reporting period[82].

Financial Performance - Operating revenue decreased by 43.30% to CNY 609,020,776.28 year-on-year[8] - Net profit attributable to shareholders decreased by 34.53% to CNY 50,465,803.51 compared to the same period last year[8] - Basic and diluted earnings per share decreased by 33.33% to CNY 0.08[8] - Total operating revenue for Q1 2019 was ¥609,020,776.28, a decrease of 43.3% compared to ¥1,074,075,753.94 in Q1 2018[33] - Net profit for Q1 2019 was ¥66,807,863.25, a decline of 26.1% from ¥90,398,193.79 in Q1 2018[34] - The net profit attributable to shareholders of the parent company was ¥50,465,803.51, down 34.4% from ¥77,081,920.00 in Q1 2018[34] - Total comprehensive income for Q1 2019 was ¥66,668,679.30, down from ¥89,988,786.90 in Q1 2018[34] Cash Flow - Net cash flow from operating activities was negative at CNY -522,390,461.18, a decrease of 137.66% year-on-year[8] - In Q1 2019, the company's cash inflow from operating activities was CNY 1,081,024,057.11, a decrease of 59.5% compared to CNY 2,663,176,676.45 in Q1 2018[38] - The net cash flow from operating activities was negative at CNY -522,390,461.18, contrasting with a positive CNY 1,386,941,116.32 in the same period last year[38] - Cash outflow from investing activities totaled CNY 12,953,030.70, significantly lower than CNY 61,999,486.46 in Q1 2018, resulting in a net cash flow from investing activities of CNY -12,297,728.93[39] - The net cash flow from financing activities was CNY 654,373,050.47, an increase from CNY 252,292,709.38 in the previous year[39] Assets and Liabilities - Total assets increased by 5.82% to CNY 13,050,362,327.44 compared to the end of the previous year[8] - The company’s total current assets as of March 31, 2019, were CNY 11.18 billion, an increase from CNY 10.46 billion at the end of 2018[25] - The company’s total liabilities as of March 31, 2019, were CNY 4.56 billion, reflecting a stable financial position[25] - Total liabilities reached ¥10,004,598,968.98, up from ¥9,318,766,063.61, indicating a growth of approximately 7.3%[27] - Non-current liabilities rose to ¥1,463,223,093.67 from ¥1,163,290,250.02, marking an increase of about 25.8%[27] - Current liabilities totaled ¥8,541,375,875.31, compared to ¥8,155,475,813.59, reflecting an increase of approximately 4.7%[26] Shareholder Information - The total number of shareholders was 89,811 at the end of the reporting period[12] - Owner's equity totaled ¥3,045,763,358.46, an increase from ¥3,014,024,187.40, representing a growth of about 1.1%[27] Income and Expenses - The company reported a decrease in sales costs by 45.67% to CNY 487.16 million, down from CNY 896.60 million year-on-year[16] - Other income decreased by 81.05% to CNY 1.18 million, compared to CNY 6.24 million in the previous year[16] - Investment income increased by 35.98% to CNY 20.35 million, up from CNY 14.97 million year-on-year[16] - Research and development expenses for Q1 2019 were ¥3,250,318.94, slightly up from ¥3,221,084.53 in Q1 2018[33] - The company reported a financial expense of -¥7,144,979.41 in Q1 2019, compared to ¥178,591.85 in Q1 2018, indicating improved financial management[33] Changes in Accounting Standards - The company adopted new financial accounting standards effective January 1, 2019, impacting the measurement of financial assets[50] - The impairment provision method was changed from "incurred loss model" to "expected loss model," adjusting the provision ratios based on aging[51] - The company did not make retrospective adjustments for prior period comparative data under the new financial instrument standards[52]

Financial Performance - The company's operating revenue for 2018 was CNY 3,283,799,151.93, a decrease of 9.46% compared to CNY 3,626,836,283.73 in 2017[20] - The net profit attributable to shareholders for 2018 was CNY 301,242,990.63, an increase of 18.11% from CNY 255,059,487.78 in 2017[20] - The net cash flow from operating activities for 2018 was CNY 3,745,041,684.27, a significant improvement from a negative cash flow of CNY -52,447,129.89 in 2017[20] - The total assets at the end of 2018 were CNY 12,332,790,251.01, representing a 34.28% increase from CNY 9,184,183,205.37 at the end of 2017[20] - The net assets attributable to shareholders increased by 10.56% to CNY 2,287,067,599.38 at the end of 2018, compared to CNY 2,068,603,779.84 at the end of 2017[20] - Basic earnings per share for 2018 were CNY 0.48, up 17.07% from CNY 0.41 in 2017[21] - The weighted average return on equity for 2018 was 13.83%, an increase of 1.11 percentage points from 12.72% in 2017[21] - The company achieved a net profit of approximately 301 million RMB, representing a year-on-year increase of about 18.11%[42] - Total operating revenue for the period was 3.28 billion RMB, a decrease of 9.46% compared to the previous year[48] - The company's main business revenue was 3.21 billion RMB, down 10.65% year-on-year, while main business costs were 2.64 billion RMB, a reduction of 11.21%[50] Cash Flow and Assets - The net cash flow from operating activities increased to ¥374,504.17 million, a significant improvement from a negative ¥5,244.71 million in the same period last year[65] - Cash and cash equivalents at the end of the period reached ¥393,342.14 million, representing 31.89% of total assets, up from 14.43% last year[67] - The total balance of "receivables" and "accounts receivable" is reported as ¥628,262,478.87, while the previous adjusted balance was ¥479,790,452.69[102] - The total balance of "payables" and "accounts payable" is reported as ¥982,551,384.03, with the previous adjusted balance being ¥887,760,275.53[102] - The net value of inventory reported in the consolidated financial statements is RMB 5,383,973,070.31, accounting for 43.66% of the total assets[166] - The book value of real estate development costs and products is RMB 5,203,881,091.78, with an inventory impairment provision of RMB 13,130,000.00[166] Dividends and Shareholder Information - The company plans to distribute a cash dividend of CNY 1.5 per 10 shares, totaling CNY 93,714,227.40[4] - The company reported a cash dividend distribution ratio of 31.11% for 2018, with a cash dividend of 1.50 RMB per 10 shares[97] - In 2017, the company distributed a cash dividend of 1.30 RMB per 10 shares, totaling 81,218,997.08 RMB, based on a total share capital of 624,761,516 shares[96] - The largest shareholder, Tongji Innovation and Entrepreneurship Holdings Co., Ltd., holds 146,051,849 shares, accounting for 23.38% of the total shares[135] - Huang Youliang, a natural person, increased his holdings by 2,396,544 shares, bringing his total to 4,020,544 shares, which is 0.64% of the total[135] Business Strategy and Development - The company has established a comprehensive lifecycle engineering consulting service system, covering various fields such as construction, planning, municipal, environmental, and transportation[29] - The company aims to expand its business in building energy efficiency, TIS assessment consulting, and other specialized technical services[30] - The company is actively developing its environmental engineering technology services and investment operations, focusing on areas such as municipal wastewater treatment and solid waste management[32] - The real estate development business is strategically focused on the Yangtze River Delta region, with a commitment to sustainable and award-winning project development[33] - The company is leveraging its relationship with Tongji University to enhance its brand influence and technical capabilities in the construction and consulting sectors[38] - The company is responding to stricter regulations and higher emission standards in the environmental sector, positioning itself to capitalize on market opportunities in wastewater treatment and sludge disposal[35] Research and Development - R&D expenses amounted to CNY 1,687.78 million, representing 0.51% of total operating revenue[62] - The company had a total of 107 R&D personnel, accounting for 4.46% of the total workforce[62] - The company aims to enhance service quality and project management through the application of BIM technology[76] - The training and development plan focuses on employee needs and promotes continuous learning to support sustainable development[150] Compliance and Risk Management - The company emphasizes the importance of risk awareness regarding future plans and development strategies[5] - The company has maintained a strong quality control system, ensuring all projects passed inspection and received accolades such as the Luban Award and Baiyulan Award[74] - The company has implemented a comprehensive safety management system, enhancing project management and risk mitigation strategies[75] - The company is committed to enhancing its internal control systems and risk management practices to mitigate operational risks[91] - The company will continue to monitor and adapt to macroeconomic and policy risks, ensuring compliance with relevant regulations[91] Environmental Compliance - The company has completed the construction and operation of pollution prevention facilities, ensuring stable operation since the commencement of formal commercial operations[124] - The company has adhered to the Environmental Impact Assessment Law, obtaining necessary environmental permits for all projects[125] - The company has established an emergency response plan for potential environmental incidents, focusing on prevention and improving response mechanisms[126] - The company has implemented a comprehensive environmental self-monitoring plan, combining online and manual detection methods[127] - The company reported no exceedances in wastewater discharge limits across various pollutants, including SS, NH3-N, TN, and TP[123] Governance and Management - The company has a structured approach to determining the remuneration of its directors and senior management, based on performance evaluations[146] - The board includes professionals with extensive experience in engineering, finance, and law, contributing to strategic decision-making[144][145] - The company has established a clear framework for the roles and responsibilities of its board members and management team[143] - The company’s management team includes individuals with significant academic and industry experience, ensuring informed leadership[144] - The total number of employees in the parent company and major subsidiaries is 2,397, with 34 in the parent company and 2,363 in subsidiaries[148]

Financial Performance - Net profit attributable to shareholders rose by 45.68% to CNY 146,939,702.20 year-on-year[6] - Basic earnings per share increased by 50.00% to CNY 0.24[6] - The company reported a profit margin of approximately 11.5% for Q3, down from 10.9% in the previous year[32] - Net profit for Q3 was approximately CNY 50.92 million, compared to CNY 66.88 million in the same quarter last year, reflecting a decrease of about 24%[32] - The total comprehensive income for Q3 was approximately CNY 50.98 million, down from CNY 67.05 million year-over-year, a decline of about 24%[33] - Basic earnings per share for Q3 were CNY 0.05, compared to CNY 0.07 in the same quarter last year, a decrease of approximately 29%[33] Revenue and Costs - Operating revenue decreased by 8.18% to CNY 1,992,301,470.98 compared to the same period last year[6] - Total operating revenue for Q3 was approximately CNY 443.22 million, a decrease from CNY 615.92 million in the same period last year, representing a decline of about 28%[31] - Total operating costs for Q3 were approximately CNY 413.53 million, down from CNY 572.28 million year-over-year, indicating a reduction of around 28%[31] Assets and Liabilities - Total assets increased by 32.07% to CNY 12,129,857,708.88 compared to the end of the previous year[6] - Current assets rose to CNY 10.35 billion, up from CNY 7.51 billion, indicating an increase of about 37.7%[24] - Total liabilities grew to CNY 9.27 billion from CNY 6.29 billion, reflecting an increase of around 47.5%[25] - The company's equity attributable to shareholders increased to CNY 2.13 billion from CNY 2.07 billion, a rise of approximately 3.3%[25] Cash Flow - Cash flow from operating activities turned positive at CNY 1,915,547,565.31, a significant improvement from a negative CNY 197,428,115.65 in the previous year[6] - Cash inflow from operating activities for the first nine months of 2018 was CNY 5,480,289,533.69, compared to CNY 2,553,429,030.03 in the previous year, marking an increase of about 114%[38] - Cash outflow from investing activities for the first nine months of 2018 was CNY 169,607,441.50, compared to CNY 81,480,632.93 in the same period last year, indicating an increase of approximately 107%[39] - Cash inflow from financing activities for the first nine months of 2018 was CNY 1,286,000,000.00, down from CNY 1,850,282,800.00 in the previous year, reflecting a decrease of about 30.6%[39] Investments and Expenses - Research and development expenses for Q3 were approximately CNY 5.55 million, an increase of about 45% compared to CNY 3.83 million in the same period last year[32] - The company reported a significant increase in investment income, totaling approximately CNY 12.46 million for Q3, compared to CNY 20.60 million in the same period last year, a decrease of about 39%[32] - Financial expenses decreased by 254.92% to RMB -1.03 million, attributed to reduced interest expenses on loans and increased interest income from bank deposits[13] Shareholder Information - The total number of shareholders reached 87,237[9] - The company plans to raise up to RMB 600 million through a share placement, with funds allocated to various projects including wastewater treatment and acquisitions[17] Other Financial Metrics - The weighted average return on equity increased by 1.75 percentage points to 6.95%[6] - The company reported a 36.25% decrease in taxes and surcharges, mainly due to a reduction in land value-added tax for property projects compared to the same period last year[14] - Cash and cash equivalents increased by 146.12% to CNY 326,080.30 million[11] - Other receivables surged by 381.85% to CNY 106,258.74 million[11] - Prepayments increased by 129.19% to CNY 376,579.61 million[11]

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 1,549,080,472.88, a decrease of 0.31% compared to CNY 1,553,926,284.48 in the same period last year[19]. - Net profit attributable to shareholders was CNY 117,205,036.15, representing a significant increase of 117.98% from CNY 53,769,758.19 year-on-year[19]. - The net cash flow from operating activities reached CNY 642,214,925.22, a substantial improvement from a negative cash flow of CNY -318,053,369.08 in the previous year[19]. - Basic earnings per share for the first half of 2018 were CNY 0.19, up 111.11% from CNY 0.09 in the same period last year[20]. - The company achieved operating revenue of RMB 1.55 billion, a slight decrease of 0.31% year-on-year[29]. - Net profit reached RMB 117.2 million, representing a significant increase of 118% compared to the previous year[29]. - The company reduced operating costs by 4.04%, amounting to RMB 1.28 billion[33]. - The company reported a total of CNY 5,566,566.29 in non-recurring gains and losses for the reporting period[21]. - The profit attributable to the parent company's shareholders is RMB 117,205,036.15, up 118.5% from RMB 53,769,758.19 in the previous period[91]. - The company reported a net profit margin improvement, with retained earnings increasing to CNY 1,132,822,604.34 from CNY 1,096,836,565.27, a rise of approximately 3.3%[86]. Assets and Liabilities - The total assets of the company increased by 19.75% to CNY 10,997,601,576.09 compared to CNY 9,184,183,205.37 at the end of the previous year[19]. - The total current assets increased to ¥9,245,953,519.99 from ¥7,508,892,477.35, representing a growth of approximately 23.2%[84]. - Current liabilities rose to CNY 5,868,325,841.62, compared to CNY 4,345,661,978.18, reflecting an increase of about 35.0%[85]. - Total liabilities reached CNY 8,080,417,643.08, up from CNY 6,287,269,652.04, indicating an increase of around 28.5%[85]. - The total equity attributable to the parent company at the end of the period was CNY 2,917,183,933.01, showing a decrease of CNY 20,270,379.68 compared to the previous period[104]. Cash Flow - The net cash flow from operating activities for the first half of 2018 was ¥642,214,925.22, compared to a negative cash flow of ¥318,053,369.08 in the same period last year, indicating a significant improvement[97]. - Total cash inflow from operating activities amounted to ¥3,739,615,827.46, while cash outflow was ¥3,097,400,902.24, resulting in a net increase of approximately 20.7% in cash flow from operations year-over-year[97]. - The ending balance of cash and cash equivalents as of June 30, 2018, was ¥2,230,167,618.00, an increase from ¥1,721,947,618.92 at the end of the previous period[98]. - The company received ¥989,000,000.00 in borrowings during the first half of 2018, compared to ¥1,597,000,000.00 in the same period last year, indicating a decrease in new debt financing[97]. Business Operations and Strategy - The company has established a full lifecycle engineering consulting service system and is expanding into new business areas such as river and lake remediation and water conservancy projects[23]. - The company is actively expanding its environmental services, winning multiple PPP projects in wastewater treatment[30]. - The company is focusing on enhancing its qualifications and expanding into specialized technical service areas such as building energy efficiency and risk management consulting[23]. - The company is transforming its technology park services towards "incubation services + venture investment" to support innovation[30]. - The company is focusing on the commercialization of mature technologies through industry-academia-research transformation platforms to enhance service quality and seek new business directions and profit growth points[43]. Risk Management - The company is facing macroeconomic and policy risks, with intensified competition expected in the second half of 2018[42]. - The company is facing significant operational management risks due to its expanding scale and market reach, and plans to improve its operational management system and risk management mechanisms[43]. - The company has established a comprehensive risk evaluation mechanism to address market, credit, and liquidity risks[43]. Environmental Compliance - The company achieved compliance with GB18918-2002 Class A standards and local standards for water pollution discharge[201]. - The company has established an emergency response plan for potential environmental incidents, enhancing its preparedness[69]. - The company has developed a comprehensive environmental self-monitoring plan, combining online and manual detection methods[70]. - The overall performance in wastewater management reflects the company's commitment to environmental compliance and sustainability[201]. Shareholder Information - The total number of common shareholders as of the end of the reporting period is 90,214[77]. - The largest shareholder, Tongji Innovation and Entrepreneurship Holdings Co., Ltd., holds 146,051,849 shares, representing 23.38% of total shares[79]. - No profit distribution or capital reserve increase plans were proposed for the half-year period, with no dividends or stock bonuses planned[46]. Related Party Transactions - The company disclosed related party transactions, including a rental agreement with Tongji University amounting to 978.86 million RMB, which represents 50.63% of the total related party transactions[55]. - The company reported a total of 118.55 million RMB in related party transactions during the reporting period[56]. Audit and Governance - The company appointed Zhonghua Certified Public Accountants (Special General Partnership) for the 2018 financial and internal control audit, with audit fees of 700,000 RMB for financial audit and 280,000 RMB for internal control audit[51]. - The company is strengthening its governance structure by enhancing the role of the party committee in decision-making processes[31]. - The company’s board and senior management have made commitments to uphold shareholder interests and avoid unfair benefits or damage to the company[47].

2018 年第一季度报告 公司代码：600846 公司简称：同济科技 上海同济科技实业股份有限公司 2018 年第一季度报告 1 / 18 | 一、重要提示 | 3 | | --- | --- | | 二、公司基本情况 | 3 | | 三、重要事项 | 5 | | 四、附录 | 8 | 2018 年第一季度报告 √适用 □不适用 单位：元 币种：人民币 | 项目 | 本期金额 | 说明 | | --- | --- | --- | | 计入当期损益的政府补助，但与公司正常经营业务密切相关，符合国家政策规定、按 | 6,240,224.57 | | | 照一定标准定额或定量持续享受的政府补助除外 | | | | 除上述各项之外的其他营业外收入和支出 | -589,372.02 | | | 少数股东权益影响额（税后） | -2,550,709.50 | | | 所得税影响额 | -915,429.93 | | | 合计 | 2,184,713.12 | | 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 ...

Financial Performance - The company's operating revenue for 2017 was CNY 3,626,836,283.73, representing a 14.86% increase compared to CNY 3,157,685,203.64 in 2016[19] - The net profit attributable to shareholders for 2017 was CNY 255,059,487.78, a 40.44% increase from CNY 181,612,571.07 in 2016[19] - The basic earnings per share for 2017 was CNY 0.41, up 41.38% from CNY 0.29 in 2016[21] - The diluted earnings per share for 2017 was also CNY 0.41, reflecting the same growth rate of 41.38% compared to 2016[21] - The weighted average return on equity for 2017 was 12.72%, an increase of 2.86 percentage points from 9.86% in 2016[21] - The company achieved operating revenue of RMB 3.63 billion, an increase of 14.86% year-on-year[42] - The net profit attributable to the parent company was RMB 255 million, representing a year-on-year increase of 40.44%[43] - The total revenue for the first quarter was approximately ¥776.38 million, with a significant increase to ¥1.46 billion in the fourth quarter[23] - Net profit attributable to shareholders for the third quarter reached ¥47.09 million, while the fourth quarter saw a substantial rise to ¥154.20 million[23] - The total revenue for the second quarter was approximately ¥777.55 million, showing consistent performance throughout the year[23] Assets and Liabilities - The net assets attributable to shareholders at the end of 2017 were CNY 2,068,603,779.84, an 8.36% increase from CNY 1,908,994,218.69 at the end of 2016[20] - The total assets at the end of 2017 were CNY 9,184,183,205.37, a 3.09% increase from CNY 8,908,573,901.71 at the end of 2016[20] - The company's total assets decreased to CNY 2,382,833,983.40 from CNY 2,393,270,095.48, a decline of 0.4%[175] - The total liabilities decreased from RMB 6,117,933,768.90 to RMB 6,287,269,652.04, indicating a rise of about 2.8%[172] - The company's total equity rose to CNY 1,436,319,448.66 from CNY 1,364,555,581.88, reflecting an increase of 5.3%[175] Cash Flow - The cash flow from operating activities for 2017 was negative CNY 52,447,129.89, a significant decrease of 103.61% from CNY 1,453,906,852.98 in 2016[20] - The net cash flow from operating activities improved from a negative ¥217.40 million in the first quarter to a positive ¥144.98 million in the fourth quarter[23] - The cash flow from operating activities decreased by 103.61% to -52,447,129.89 RMB compared to the same period last year due to a reduction in property project sales receipts[60] - The cash flow from investing activities decreased by 307.28% to -53,283,038.54 RMB, attributed to an increase in cash payments for investments compared to the previous year[60] - The cash flow from financing activities increased significantly to 337,025,407.10 RMB, a turnaround from -1,261,856,925.75 RMB in the same period last year, due to an increase in bank borrowings[60] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 1.3 per 10 shares, totaling CNY 81,218,997.08 based on the total share capital of 624,761,516 shares at the end of 2017[4] - In 2017, the company distributed a cash dividend of 1.30 RMB per 10 shares, amounting to 81,218,997.08 RMB, representing 31.84% of the net profit attributable to ordinary shareholders[98] - The cash dividend policy was revised to ensure a stable and scientific distribution mechanism, with a cash dividend of 1.00 RMB per 10 shares for the 2016 fiscal year, totaling 62,476,151.60 RMB[97] Business Strategy and Development - The company is focusing on expanding its engineering consulting services, leveraging partnerships with key subsidiaries to enhance project management capabilities[29] - The company plans to explore new business models in real estate development and technology park construction to adapt to changing market conditions[34] - The company is actively exploring new business areas, including environmental consulting and project management services[40] - The company aims to explore new business areas and innovate continuously to adapt to the changing market landscape[85] - The company will continue to explore new project opportunities in technology park construction and real estate development by analyzing market trends and land values[89] Risks and Compliance - The company has indicated potential risks in its future development strategies, which are detailed in the report[6] - The company emphasizes the importance of internal control systems and risk management to mitigate operational risks as it expands its business scale and market presence[90] - The company recognizes macroeconomic and policy risks, emphasizing the need for timely adjustments to its operational strategies based on market trends and regulatory changes[91] - The company has not reported any significant accounting errors or issues that would affect its financial statements[105] - The company has not faced any risks of suspension or termination of its listing status[106] Related Party Transactions - The company reported a total of 71,308.52 million RMB in related party transactions during the reporting period[111] - Interest expenses from loans to related parties amounted to 2,803.73 million RMB, accounting for 13.96% of total related party transactions[110] - The design consulting fees received from Tongji University Architectural Design Institute were 608.93 million RMB, representing 33.71% of related party transactions[110] - The company engaged in rental agreements with related parties, with rental income from Shanghai Tongji Technology Park Incubator totaling 1,410.00 million RMB, which is 27.28% of related party transactions[111] Corporate Governance - The company has maintained a strong quality control system, ensuring all projects passed inspection on the first attempt, with no major quality issues reported during the period[76] - The company has not experienced any major safety incidents during the reporting period, reflecting its commitment to safety management[77] - The company has implemented a performance evaluation mechanism for senior management, linking their compensation closely to operational performance[155] - The company has a total of 13 board members, including independent directors and supervisors[139] - The board consists of experienced professionals with backgrounds in engineering, management, and finance[139] Employee and Management Information - The company has a total of 142,021,873.69 in special reserves, which remains stable compared to the previous period[199] - The total compensation for the board members and senior management during the reporting period amounted to 5.13 million yuan[138] - The company has implemented a comprehensive training and development plan to promote employee growth and align with corporate goals[146] - The number of employees in the parent company is 36, while the total number of employees in major subsidiaries is 2,068, resulting in a combined total of 2,104 employees[144]

Financial Performance - Operating revenue decreased by 8.26% to CNY 2,169,841,551.58 for the year-to-date period[6] - Net profit attributable to shareholders increased by 14.80% to CNY 100,863,755.02 year-on-year[6] - The company reported a net profit of CNY 79,802,642.45 for the third quarter, down from CNY 124,244,504.87 in the same quarter last year[34] - The company reported a net profit attributable to the parent company of ¥47.09 million in Q3 2017, an increase from ¥42.83 million in Q3 2016, representing a growth of approximately 9.9%[36] - The company's total operating costs for the first nine months were CNY 2,068,965,631.92, a decrease of 4.06% from CNY 2,156,214,155.16 in the previous year[34] Asset and Liability Changes - Total assets increased by 6.83% to CNY 9,517,145,173.80 compared to the end of the previous year[6] - Total liabilities increased to CNY 6,782,326,478.42 from CNY 6,117,933,768.90 year-over-year[28] - Long-term borrowings rose to ¥1,479,630,000.00, reflecting a 100.24% increase year-on-year[11] - Current liabilities decreased slightly to ¥5,268,077,361.20 from ¥5,347,492,310.51, a reduction of about 1.5%[27] - Non-current liabilities totaled CNY 1,514,249,117.22, significantly higher than CNY 770,441,458.39 at the start of the year[28] Cash Flow Analysis - Cash flow from operating activities showed a significant decline, with a net outflow of CNY 197,428,115.65 compared to a net inflow of CNY 1,132,678,408.14 in the same period last year, a decrease of 117.43%[6] - The net cash flow from operating activities for Q3 2017 was -197,428,115.65 RMB, a significant decrease compared to 1,132,678,408.14 RMB in the same period last year[42] - Total cash inflow from operating activities was 2,553,429,030.03 RMB, while cash outflow was 2,750,857,145.68 RMB, resulting in a net cash outflow of 197,428,115.65 RMB[42] - The net cash flow from investing activities was 33,712,041.69 RMB, a recovery from a net outflow of -26,290,520.78 RMB in the same quarter last year[42] - Cash inflow from financing activities totaled 1,850,282,800.00 RMB, compared to 739,606,239.50 RMB in the previous year, indicating a strong increase in financing[42] Shareholder Information - The number of shareholders reached 91,194 by the end of the reporting period[8] - The company’s major shareholder, Shanghai Tongji Asset Management Co., Ltd., held 23.38% of the shares[8] - The company committed to fully subscribing to the 2017 annual placement plan, with a commitment date of June 20, 2017[19] - The company’s board and senior management committed to ensuring the implementation of measures to enhance immediate returns for shareholders[21] Investment and Expenses - Investment income surged to ¥56,515,367.17, marking a 149.66% increase from the same period last year[12] - Sales expenses increased by 36.29% to ¥39,448,552.64, primarily due to higher advertising and commission costs[12] - Financial expenses decreased by 38.40% to ¥6,653,526.99, attributed to lower net interest expenses[12] - The company reported a significant increase in asset impairment losses, rising to ¥5,175,884.25, a 18626.88% increase year-on-year[12] Changes in Cash and Equivalents - The company's cash and cash equivalents increased by 38.61% to CNY 1,509,405,134.07 compared to the end of the previous year[10] - Cash and cash equivalents rose to CNY 400,345,342.33 from CNY 218,943,502.74 at the beginning of the year, representing an increase of 83%[30] - Cash and cash equivalents at the end of Q3 2017 amounted to 1,475,797,062.13 RMB, an increase from 1,401,781,424.41 RMB in the previous year[43] Operational Performance - Operating profit for the third quarter was CNY 79,486,691.28, down 33% from CNY 118,569,961.23 in the previous year[34] - Operating cash flow net amount decreased by 117.43% to -¥197,428,115.65 compared to the previous year[16] - The company incurred management expenses of ¥12.62 million for the first nine months of 2017, slightly lower than ¥13.06 million in the same period of 2016[38]