Financial Performance - The company's operating revenue for 2021 was ¥3,088,570,522.77, representing a 5.24% increase compared to ¥2,934,733,294.89 in 2020[28]. - The net profit attributable to shareholders for 2021 was ¥541,690,150.63, a decrease of 37.35% from ¥864,638,857.34 in 2020[28]. - The basic earnings per share for 2021 was ¥0.4013, down 37.35% from ¥0.6405 in 2020[28]. - The total assets at the end of 2021 were ¥23,601,034,832.62, a 52.91% increase from ¥15,434,760,023.28 at the end of 2020[28]. - The net assets attributable to shareholders at the end of 2021 were ¥7,645,579,620.25, a 3.82% increase from ¥7,364,438,479.21 at the end of 2020[28]. - The net cash flow from operating activities for 2021 was -¥3,874,666,592.53, a significant decline compared to -¥167,505,495.30 in 2020[28]. - The weighted average return on equity for 2021 was 7.22%, down from 12.26% in 2020[28]. - Total operating revenue for the year was approximately ¥3.09 billion, with a quarterly breakdown of ¥918.29 million in Q1, ¥555.38 million in Q2, ¥828.60 million in Q3, and ¥786.30 million in Q4[33]. - Net profit attributable to shareholders for the year was approximately ¥541.69 million, with quarterly figures of ¥269.37 million in Q1, ¥118.71 million in Q2, ¥173.94 million in Q3, and a loss of ¥20.33 million in Q4[33]. - The company reported a non-recurring gain of approximately ¥9.28 million for the year, with significant contributions from financial asset transactions[34]. Asset Management - The company reported a significant increase in total assets, indicating potential for future growth and expansion[28]. - The total asset scale surpassed 20 billion yuan, reaching 23.601 billion yuan, a growth of 52.91% compared to the beginning of the year, with a debt-to-asset ratio of 65.32%[49]. - The company’s inventory value surged by 106.68% to ¥16,117,334,568.62, primarily due to new land acquisitions in Guangzhou and Nanjing[75]. - The company has a total land reserve of 30.44 million square meters and a total building area of 86.65 million square meters, with 86.65 million square meters remaining available for development[53]. Strategic Initiatives - The company plans to accelerate strategic layout optimization, focusing on the Guangdong-Hong Kong-Macao Greater Bay Area and exploring opportunities in rapidly developing regions like Chengdu and Chongqing[44]. - The company aims to respond to national housing rental policies by establishing a comprehensive platform for housing and commercial property management[45]. - The company is committed to professional, refined, and brand-oriented operations to navigate the opportunities and challenges in the real estate industry[46]. - The company plans to focus on high-quality transformation and sustainable development in the coming year, leveraging opportunities from Shenzhen's dual-zone strategy[67]. - The company aims to strengthen its core competitiveness through improved corporate governance and risk management systems[117]. Project Development - The company secured four premium land parcels in Guangzhou and Nanjing, increasing land reserves by 307,700 square meters[49]. - The company reported a 39% completion rate for the second phase of the Zhiyue City villa project, with an estimated total investment of 323.73 million yuan, of which 83.07 million yuan has been invested[57]. - The Zhiyue City third phase project in Changsha has been completed with a 100% completion rate, covering an area of 70,501 square meters and a planned building area of 204,555 square meters, with a total investment of 139.614 million yuan[57]. - The company is developing the Shenzhen Metro Group's comprehensive property project, with a promotional name of Jinhui Park, located in Longgang District, Shenzhen[60]. Financial Strategy - The company implemented various financing methods, achieving over 40 million yuan in investment income for the year[50]. - The financing balance from bank loans was 4.42%-6.027% with a total of 49.20 billion yuan, indicating a diverse financing strategy[64]. - The total investment amount for the reporting period reached ¥9,339,354,581.97, a significant increase of 920.10% compared to the same period last year, which was ¥915,531,250.57[98]. - The company anticipates a funding gap for land investment and project development due to tightened financing conditions and longer cash recovery cycles[113]. Corporate Governance - The company successfully appointed a high-quality and professional management team during the reporting period, enhancing business expansion and operational efficiency[125]. - The internal control system of the company is robust and effective, with no significant deficiencies identified during the reporting period[126]. - The company maintains complete independence from its controlling shareholder in terms of business operations, personnel, assets, and financial management[129]. - The company emphasized the importance of directors exercising their rights diligently and responsibly in accordance with the Company Law and relevant regulations[172]. Shareholder Engagement - The participation rate of investors in the 2020 annual general meeting was 37.24%, indicating strong shareholder engagement[130]. - The company held three temporary shareholder meetings in 2021, with participation rates of 15.64%, 37.50%, and 37.28% respectively[134]. - The company has implemented a three-year shareholder return plan for 2021-2023, detailing profit distribution principles and mechanisms[188]. - The cash dividend distribution plan for 2021 includes a cash dividend of 1.21 CNY per 10 shares, totaling 163,349,400.57 CNY, which represents 30.16% of the net profit attributable to shareholders of the parent company, amounting to 541,690,150.63 CNY[195][196].

深圳市振业(集团)股份有限公司 2021 年第三季度报告 证券代码：000006 证券简称：深振业Ａ 公告编号：2021-065 深圳市振业(集团)股份有限公司 2021 年第三季度报告 重要内容提示： 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、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 2、公司负责人赵宏伟、主管会计工作负责人李伟、会计机构负责人高峰声 明：保证本季度报告中财务信息的真实、准确、完整。 3、第三季度报告是否经过审计 □ 是 √ 否 1 深圳市振业(集团)股份有限公司 2021 年第三季度报告 一、主要财务数据 （一）主要财务数据和会计指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | --- | --- | --- | --- | --- | |------------------------------------------------|------------------------|--------------------------------|-----------------------|-- ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,473,670,564.78, representing a 22.62% increase compared to CNY 1,201,825,564.16 in the same period last year[23]. - The net profit attributable to shareholders of the listed company reached CNY 388,083,889.43, an increase of 78.49% from CNY 217,420,178.69 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was CNY 378,148,177.32, up 81.27% from CNY 208,615,568.20 year-on-year[23]. - The basic earnings per share for the reporting period was CNY 0.2875, an increase of 78.46% compared to CNY 0.1611 in the same period last year[23]. - The company reported a total investment of ¥3,418,341,284.82 during the reporting period, a substantial increase of 511.05% compared to ¥559,420,996.59 in the same period last year[71]. - The company reported a net increase in cash and cash equivalents of approximately -621.98 million yuan, a decrease of 14.23% compared to the previous year[60]. - The company reported a total of 59.34 billion yuan in financing balance, with an average financing cost ranging from 3.92% to 6.65%[51]. - The company reported a revenue of approximately 1.47 billion yuan for the current period, representing a year-on-year increase of 22.62% compared to 1.20 billion yuan in the previous year[56]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 18,761,613,819.65, a 21.55% increase from CNY 15,434,760,023.28 at the end of the previous year[23]. - The total liabilities increased to CNY 10,778,473,855.65 from CNY 7,596,761,855.69, which is an increase of approximately 42.9%[165]. - The company's total equity reached CNY 5,442,112,512.34, compared to CNY 4,995,287,136.94 in the previous year, showing an increase of approximately 8.9%[175]. - The company's cash and cash equivalents decreased to CNY 1,338,027,909.03 from CNY 1,947,760,245.47, reflecting a decline of approximately 31.3%[159]. - The inventory value rose significantly to CNY 10,710,606,421.60, compared to CNY 7,798,243,608.66 at the end of 2020, marking an increase of around 37.5%[159]. Project Development - The company reported a contract sales revenue of 1.423 billion yuan, with a contract sales area of 164,600 square meters, reflecting a year-on-year growth of 30% and 98% respectively[36]. - The company has ongoing projects with a total investment of ¥27,803,245,167.50, indicating a strong pipeline for future revenue generation[75]. - The company is actively expanding its land reserves, with new projects in Guangzhou and Nanjing aimed at residential development[40]. - The company is focused on residential and commercial projects, with a diverse portfolio across multiple cities[43]. - The company has reported a steady progress in project development, with several projects nearing completion and others in various stages of construction[43]. Cash Flow and Financing - The net cash flow from operating activities was negative CNY 3,538,095,975.08, a significant decline of 1406.04% compared to negative CNY 234,927,179.92 in the previous year[23]. - The financing structure includes bank loans of 24.56 billion yuan, with a significant portion due within one year[51]. - Cash inflow from financing activities reached approximately ¥3.15 billion, a notable increase from ¥128 million in the prior period[200]. - Cash outflow for financing activities was approximately ¥1.85 billion, compared to ¥436 million in the previous period[200]. Strategic Focus and Risks - The company is focusing on the Guangdong-Hong Kong-Macao Greater Bay Area for strategic development, while also exploring opportunities in rapidly developing regions like Chengdu and Chongqing[32]. - The company faces market risks due to ongoing tightening of housing market policies, which may suppress demand[83]. - Funding risks are heightened due to new regulations affecting real estate financing channels, leading to longer capital recovery cycles[83]. - The company plans to enhance operational management and quality control to improve project delivery outcomes[84]. Corporate Governance and Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,873, with the largest shareholder being the Shenzhen Municipal Government State-owned Assets Supervision and Administration Commission, holding 21.93% of shares[149]. - The company did not conduct any repurchase transactions among the top 10 ordinary shareholders during the reporting period[149]. - The controlling shareholder, Shenzhen State-owned Assets Supervision and Administration Commission, has fulfilled its commitments without any significant debt defaults[111]. - The company did not engage in any related party transactions during the reporting period[112][113][114][115][116].

Financial Performance - The company's operating revenue for Q1 2021 was ¥918,286,858.38, representing a 40.80% increase compared to the same period last year[9] - Net profit attributable to shareholders for Q1 2021 reached ¥269,373,883.33, a significant increase of 110.53% year-on-year[9] - Basic earnings per share for Q1 2021 were ¥0.1995, up 110.44% from ¥0.0948 in the same period last year[9] - The company reported operating profit before tax of ¥81,312,049.23 for the first quarter of 2021, reflecting a 92.07% increase year-on-year due to higher taxable income[24] - Net profit for the current period was ¥284,231,226.16, representing a 102.1% increase from ¥140,609,340.52 in the previous period[62] - The net profit for the current period is 41,505,162.60, compared to a net loss of 22,285,017.45 in the previous period, indicating a significant turnaround[71] - The total profit for the current period is 27,444,354.76, while the previous period recorded a total loss of 32,264,162.41[71] - The operating profit for the current period is 27,387,049.05, a recovery from an operating loss of 22,303,272.88 in the previous period[71] Cash Flow - The net cash flow from operating activities was ¥309,582,992.74, showing a remarkable increase of 224.84% compared to the previous year[9] - Cash inflow from operating activities reached 7,029,639,466.48, compared to 656,699,942.64 in the previous period[75] - The net cash flow from operating activities is 309,582,992.74, a recovery from a negative cash flow of -247,987,932.92 in the previous period[75] - The cash flow from investment activities shows a net inflow of 520,955,272.22, contrasting with a net outflow of -576,197,430.55 in the previous period[81] - The total cash outflow from financing activities was 105,639,691.03, compared to 52,642,133.82 in the previous period[81] - The cash inflow from operating activities totaled CNY 5,866,061,257.05, compared to CNY 775,759,240.82 in the previous period, marking an increase of over 650%[84] - The cash outflow for operating activities was CNY 4,116,743,473.71, significantly higher than CNY 299,479,789.35 from the previous period[84] - Financing activities resulted in a net cash inflow of CNY 249,175,142.82, a recovery from a net outflow of CNY 35,471,001.88 in the previous period[87] Assets and Liabilities - The total assets at the end of the reporting period were ¥16,052,084,461.73, reflecting a 4.00% increase from the end of the previous year[9] - The total liabilities amounted to ¥7,929,855,067.98, an increase from ¥7,596,761,855.69, reflecting a growth of about 4%[49] - The company's total assets increased to ¥12,098,723,854.33, compared to ¥9,635,899,789.17 in the previous period, marking a growth of 25.5%[56] - Total liabilities increased to ¥7,061,931,554.79, up from ¥4,640,612,652.23 in the previous period, reflecting a growth of 52.2%[56] - The total current assets reached CNY 6,527,382,398.66, compared to CNY 4,161,750,154.04, showing a growth of about 57%[50] - Long-term borrowings rose to CNY 3,255,890,000.00, compared to CNY 3,039,290,000.00, indicating an increase of approximately 7%[46] - The total liabilities amounted to ¥7,596,761,855.69, with current liabilities at ¥4,154,819,374.47 and non-current liabilities at ¥3,441,942,481.22[97] Shareholder Information - The net assets attributable to shareholders at the end of the reporting period were ¥7,633,812,362.54, which is a 3.66% increase compared to the previous year[9] - The total number of ordinary shareholders at the end of the reporting period was 70,390[14] - The largest shareholder, Shenzhen State-owned Assets Supervision and Administration Commission, held 21.93% of the shares[14] - The total equity attributable to shareholders reached ¥7,364,438,479.21, with retained earnings of ¥3,628,767,275.55 and surplus reserves of ¥1,901,354,534.59[101] Investment and Income - Investment income for the first quarter of 2021 was ¥90,005,594.23, a significant increase of 430.42% year-on-year, attributed to the increased area of cooperative development projects recognized[24] - The company reported investment income of ¥90,005,594.23, a substantial increase from ¥16,968,669.94 in the previous period[59] - The company reported a significant increase in interest income, totaling 4,885,107.15, compared to 5,088,135.31 in the previous period[71] Other Financial Metrics - The weighted average return on equity for Q1 2021 was 3.59%, an increase of 1.71% from 1.88% in the same period last year[9] - The company reported non-recurring gains and losses totaling ¥6,855,016.10 for the quarter[9] - The company experienced a 41.09% decrease in advance receipts, totaling ¥1,687,260.61, primarily due to the recognition of rental income[23] - The fair value change income for the first quarter of 2021 was reported at -¥1,256,838.13, a decrease of 167.78% year-on-year, as fair value changes were transferred to investment income[24] - The company’s credit impairment loss for the first quarter of 2021 was ¥9,011,109.36, an increase of 627.18% year-on-year, due to the reversal of bad debt provisions for receivables[24] Legal and Compliance - The company has no significant updates on ongoing legal disputes or major contracts during the reporting period[25] - The company has not undergone an audit for the first quarter report, indicating that the figures are unaudited[110]

Financial Performance - The company's operating revenue for 2020 was approximately CNY 2.93 billion, a decrease of 21.35% compared to 2019[31]. - The net profit attributable to shareholders for 2020 was approximately CNY 864.64 million, an increase of 7.92% from the previous year[31]. - The net cash flow from operating activities was approximately CNY 835.47 million, reflecting a 7.19% increase year-on-year[31]. - The basic earnings per share for 2020 was CNY 0.6405, representing a 13.77% increase compared to 2019[31]. - The total assets at the end of 2020 were approximately CNY 15.43 billion, a decrease of 1.97% from the end of 2019[31]. - The net assets attributable to shareholders at the end of 2020 were approximately CNY 7.36 billion, an increase of 9.34% from the previous year[31]. - The weighted average return on equity for 2020 was 12.26%, slightly down from 12.39% in 2019[31]. - The company's total operating revenue for the fourth quarter was CNY 1,331,275,566.85, showing a significant increase compared to previous quarters[36]. - The net profit attributable to shareholders for the fourth quarter reached CNY 354,206,502.18, reflecting strong performance in the period[36]. - The net cash flow from operating activities for the fourth quarter was negative CNY 123,380,046.61, indicating challenges in cash generation[36]. Strategic Initiatives - The company has established a "one body, two wings" development strategy focusing on real estate development and housing leasing[45]. - The company aims to create a comprehensive platform for housing and commercial property asset management to meet diverse customer needs[45]. - The company is actively seeking project cooperation opportunities with state-owned enterprises to enhance resource integration[45]. - The company plans to focus on real estate development while extending its business into housing leasing and related industries as part of its "2125" development strategy[76]. - The company is focusing on optimizing its strategic layout and industrial transformation, particularly emphasizing the core position of the Guangdong-Hong Kong-Macao Greater Bay Area[121]. - The company is exploring new development avenues, including urban space optimization and governance, to expand its market presence[123]. Investment and Projects - The total investment amount for ongoing projects is approximately 64.21 billion CNY, with cumulative investment totaling 35.41 billion CNY[66]. - The company has completed 171,832 square meters of construction area, with a completion progress of 37% for ongoing projects[66]. - The total planned construction area across all projects is 913,421 square meters, with 329,963 square meters of land area allocated[66]. - The ongoing project "Zhenye Times Garden Phase II" has an investment of 8.50 billion CNY and is currently 81% completed[66]. - The company has several real estate projects under construction, with total investments exceeding CNY 1.5 billion for various phases[109]. Revenue Sources - Real estate sales accounted for ¥2.84 billion, representing 96.78% of total revenue, with a year-on-year decline of 21.68%[78]. - Revenue from Guangdong Province was ¥1.95 billion, accounting for 66.57% of total revenue, with a year-on-year increase of 4.74%[78]. - The company reported a significant decrease in revenue from Shaanxi Province, down 70.78% to ¥223.56 million[78]. Cash Flow and Financing - The financing balance at the end of 2020 was ¥41.83 billion, with an average financing cost range of 3.92%-6.65%[72]. - Operating cash inflows decreased by 44.88% to ¥2,303,637,601.57, primarily due to a reduction in cash received from sales of goods and services[94]. - Operating cash outflows decreased by 43.49% to ¥2,471,143,096.87, mainly due to a reduction in cash paid for purchasing goods and services[94]. - Investment cash inflows increased by 56.71% to ¥11,844,461,223.75, primarily due to the redemption of financial products[94]. - The total amount of trading financial assets at the end of the period was ¥1,667,112,125.79, after purchasing ¥12,365,000,000.00 and selling ¥11,844,347,723.75 during the period[103]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 72,755, an increase from 71,036 at the end of the previous period[196]. - The largest shareholder, Shenzhen Municipal Government State-owned Assets Supervision and Administration Commission, holds 21.93% of shares, totaling 296,031,373 shares[198]. - The top ten unrestricted shareholders collectively hold 580,000,000 shares, with the largest shareholder alone holding over 296 million shares[199]. Corporate Governance and Compliance - The company has committed to providing timely, accurate, and complete information regarding insiders aware of undisclosed information, as part of its governance commitments[138]. - The current accounting firm, Tianzhi International Accounting Firm, has been engaged for three consecutive years, with an audit fee of 800,000 yuan, including internal control audit fees[145]. - There were no significant accounting errors requiring retrospective restatement during the reporting period[143]. - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[138]. Social Responsibility - The company has actively participated in poverty alleviation efforts, with a total of CNY 6.4 million allocated for poverty alleviation projects by the end of 2020[178]. - The company has implemented measures to ensure that all relative poor households have access to basic needs such as food, clothing, education, and medical care[175]. - A total of 154 registered impoverished individuals were helped to escape poverty through various initiatives[179]. - The company provided vocational training for 20 individuals, resulting in 20 registered impoverished households achieving employment[179]. Future Outlook - The company plans to achieve a cash recovery of at least CNY 32.99 billion in 2021[119]. - The target for contract sales revenue in 2021 is set at CNY 39.50 billion[119]. - The company aims for a contract sales area of at least 265,200 square meters in 2021[119].

Financial Performance - Operating revenue for the reporting period was CNY 401,632,163.88, down 60.23% year-on-year[9] - Net profit attributable to shareholders was CNY 293,012,176.47, an increase of 17.95% compared to the same period last year[9] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 286,310,965.59, up 14.79% year-on-year[9] - Basic earnings per share for the reporting period was CNY 0.2170, reflecting a growth of 17.93%[9] - The weighted average return on net assets was 4.26%, compared to 0.29% in the same period last year[9] - Total operating revenue for the current period was ¥401,632,163.88, a decrease of 60.3% compared to ¥1,009,929,284.62 in the previous period[64] - Net profit for the current period was ¥295,941,638.91, an increase of 18.8% compared to ¥249,203,513.64 in the previous period[67] - Total operating revenue for the current period is $1,603,457,728.04, a decrease of approximately 18.3% compared to $1,963,440,046.69 in the previous period[71] - Net profit for the current period is $527,783,564.13, compared to $461,656,378.64 in the previous period, indicating a growth of about 14.3%[76] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 15,402,180,508.95, a decrease of 2.18% compared to the end of the previous year[9] - The company's total current assets were reported at ¥11,856,486,754.72, down from ¥12,475,939,203.92 at the end of 2019, indicating a decrease of about 5%[45] - Total liabilities decreased from ¥8,575,092,304.85 to ¥7,940,226,332.25, a decline of approximately 7.39%[51] - Owner's equity increased from ¥7,170,228,545.80 to ¥7,461,954,176.70, an increase of about 4.05%[54] - The total amount of contract liabilities was ¥1,750,839,946.39, with no previous figure available for comparison[51] - The company's accounts payable decreased from ¥807,084,607.55 to ¥575,260,659.05, a reduction of approximately 28.69%[51] - Total liabilities amounted to CNY 8,575,092,304.85, showing a slight decrease from CNY 8,576,302,465.32[103] Cash Flow - The net cash flow from operating activities was CNY 190,801,731.23, a significant decrease of 194.68% compared to the previous year[9] - Cash received from sales of goods and services for the period from January to September 2020 was RMB 1,491,477,849.66, a decrease of 53.82% year-on-year, mainly due to a reduction in cash received from property sales[25] - Cash recovered from investments for the period from January to September 2020 was RMB 8,690,912,128.76, an increase of 4474.16% year-on-year[26] - The net cash flow from operating activities was ¥746,915,136.14, a significant improvement compared to a negative cash flow of ¥105,653,583.53 in the previous period[89] - The total cash inflow from investment activities amounted to ¥3,312,049,095.87, while cash outflow was ¥3,700,817,594.63, resulting in a net cash flow of -¥388,768,498.76[89] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 75,414[14] - The largest shareholder, Shenzhen State-owned Assets Supervision and Administration Commission, held 21.93% of the shares[14] Tax and Expenses - Tax expenses for the period from January to September 2020 amounted to RMB 159,388,363.87, an increase of 61.20% year-on-year, mainly due to an increase in land value increment tax[24] - Financial expenses increased to ¥37,288,712.40 from ¥20,978,106.81 in the previous period[64] - The company paid approximately ¥575.34 million in taxes during the period, a decrease from ¥686.87 million in the previous period[83] Investment Activities - Investment income for the period from January to September 2020 was RMB 281,921,379.21, an increase of 268.50% year-on-year, primarily due to a significant increase in the area of cooperative development projects[24] - The company has engaged in entrusted wealth management with a total amount of ¥168,500,000, with an outstanding balance of ¥85,000,000[35] - The company has no securities investments during the reporting period[30] - The company has no derivative investments during the reporting period[33] Operational Changes - The company plans to focus on market expansion and new product development in the upcoming quarters[66] - The company has implemented new revenue recognition standards starting January 1, 2020, affecting the classification of pre-received housing payments[112]

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 1,201,825,564.16, representing a 26.04% increase compared to CNY 953,510,762.07 in the same period last year[26]. - The net profit attributable to shareholders of the listed company was CNY 217,420,178.69, which is a 6.89% increase from CNY 203,409,521.11 year-on-year[26]. - The basic and diluted earnings per share were both CNY 0.1611, reflecting a 6.90% increase from CNY 0.1507 in the same period last year[26]. - The company's financial expenses increased by 26.59% to CNY 72,016,348.42, compared to CNY 56,890,095.77 in the previous year[61]. - The investment income decreased by 35.74% to CNY 42,024,586.88, primarily due to reduced income from cooperative development projects[61]. - The company reported a net loss of approximately 38.91 million, compared to a net profit of 4.07 million in the previous period, indicating a significant decline in profitability[194]. - Operating profit decreased to -47.98 million from -14.00 million, reflecting a worsening operational performance[194]. - Total profit loss amounted to -57.83 million, compared to a loss of -15.99 million in the prior period, highlighting increased financial challenges[194]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -234,927,179.92, a significant decrease of 134.75% compared to CNY 676,072,763.69 in the previous year[26]. - The company's cash and cash equivalents at the end of the reporting period were ¥2,494,766,771.13, a decrease of 2.62% from the previous year[69]. - The company's inventory stood at ¥7,625,792,666.78, representing 50.95% of total assets, with a slight increase of 0.40% year-on-year[69]. - Total assets at the end of the reporting period were CNY 14,968,401,509.03, down 4.93% from CNY 15,745,320,850.65 at the end of the previous year[26]. - The total liabilities amounted to CNY 4,756,000,258.33, a slight decrease from CNY 4,788,978,090.29 in the previous period[186]. Project Development and Sales - The company achieved a contract sales revenue of CNY 1.093 billion and a contract sales area of 83,100 square meters in the first half of 2020[44]. - Revenue from property sales amounted to ¥1,169,547,634.30, accounting for 97.31% of total revenue, with a year-on-year growth of 28.82%[68]. - The company has established a comprehensive platform for housing and commercial property asset management, responding to national housing rental policies[35]. - The company is actively participating in urban renewal and affordable housing projects, successfully entering pre-selection lists for various government investment projects[35]. - The company has a total of 90,219 square meters for the "Zhenye City Q Group" project in Huizhou, with a pre-sale area of 84,117 square meters and a pre-sale amount of 77.95 million yuan[50]. Strategic Focus and Future Plans - The company plans to maintain its focus on real estate development while expanding into housing leasing and extending its real estate industry chain[58]. - The company aims to diversify its project acquisition methods through collaboration with state-owned enterprises and local governments[35]. - The company plans to enhance operational management to achieve annual targets and improve project development efficiency[88]. - The company aims to expand land reserves in strategic areas such as the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Delta[89]. - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[8]. Corporate Social Responsibility - The company actively participated in poverty alleviation efforts, aiming to ensure that all relative poor populations in Xin Si Village achieve stable poverty alleviation by 2020[131]. - The company allocated 34.1 million CNY for poverty alleviation efforts during the reporting period[133]. - By the end of 2019, all impoverished populations in Xin Si Village had been lifted out of poverty, and the village was officially removed from the poverty list[132]. - The company responded to the COVID-19 pandemic by providing over 20 million yuan in rent reductions and donating 10 million yuan to Hubei[3]. Governance and Compliance - The company has not engaged in any related party transactions during the reporting period[107]. - The company has not implemented any employee incentive plans during the reporting period[106]. - The financial report for the half-year period has not been audited[97]. - The company has not faced any penalties or corrective actions during the reporting period[104].

深圳市振业(集团)股份有限公司 2020 年第一季度报告全文 深圳市振业(集团)股份有限公司 2020 年第一季度报告 2020 年 04 月 1 深圳市振业(集团)股份有限公司 2020 年第一季度报告全文 第一节 重要提示 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人赵宏伟、主管会计工作负责人朱新宏、财务总监于冰、分管会 计工作负责人张光柳及会计机构临时负责人高峰声明：保证本季度报告中财务 报告的真实、准确、完整。 2 深圳市振业(集团)股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |-----------------------------------------------------|-------------------|-------------------|----------------- ...

Financial Performance - The company's operating revenue for 2019 was CNY 3,731,330,139.73, an increase of 48.55% compared to 2018[22] - The net profit attributable to shareholders for 2019 was CNY 801,163,074.41, a decrease of 8.36% from the previous year[22] - The net profit after deducting non-recurring gains and losses was CNY 779,466,306.30, down 10.47% year-on-year[22] - The net cash flow from operating activities was negative at CNY -194,256,904.36, a decline of 112.09% compared to 2018[22] - The total assets at the end of 2019 amounted to CNY 15,745,320,850.65, representing a growth of 16.32% from the end of 2018[22] - The net assets attributable to shareholders increased by 8.68% to CNY 6,735,583,248.30 at the end of 2019[22] - The basic earnings per share for 2019 was CNY 0.5935, a decrease of 8.35% from 2018[22] - The diluted earnings per share also stood at CNY 0.5935, reflecting the same percentage decrease[22] - The weighted average return on equity for 2019 was 12.39%, down from 14.86% in 2018[22] Dividend and Shareholder Returns - The company proposed a cash dividend of CNY 1.79 per 10 shares, totaling CNY 241,499,000.74 based on the total share capital[6] - For the fiscal year 2019, the company plans to distribute cash dividends of 1.79 yuan per 10 shares, totaling 241,649,113.23 yuan, which represents 30.16% of the net profit attributable to shareholders[122] - The cash dividend for 2018 was 1.95 yuan per 10 shares, amounting to 263,249,033.97 yuan, which accounted for 30.11% of the net profit attributable to shareholders[125] - The cash dividend for 2017 was 1.81 yuan per 10 shares, totaling 244,349,103.33 yuan, representing 30.33% of the net profit attributable to shareholders[125] - The total distributable profit for 2019 is reported at 1,260,403,840.47 yuan, with the cash dividend amounting to 241,649,113.23 yuan, which is 100% of the total profit distribution[126] Revenue Sources and Sales Performance - The company's total operating revenue for 2019 was approximately CNY 3.73 billion, representing a year-on-year increase of 48.55% compared to CNY 2.51 billion in 2018[62] - Real estate sales accounted for CNY 3.63 billion, which is 97.18% of total revenue, with a year-on-year growth of 49.76%[67] - Revenue from Guangdong Province reached CNY 1.87 billion, accounting for 49.99% of total revenue, with a staggering year-on-year increase of 395.99%[62] - The total contracted sales area reached 227,200 square meters, with a total sales amount of CNY 3.953 billion, reflecting a year-on-year increase of 1% and 26% respectively[46] Cash Flow and Financial Position - The company maintained a debt-to-asset ratio of 54.46%, indicating a solid financial position and manageable financial risk[45] - The company's monetary funds at the end of 2019 were ¥3,037,214,681.70, accounting for 19.29% of total assets, down from 26.96% at the beginning of the year[89] - Operating cash inflow totaled ¥4,179,010,100.22, reflecting a year-on-year increase of 26.41%[84] - Operating cash outflow increased by 157.35% year-on-year, attributed to higher project investment and tax payments[84] - Cash and cash equivalents decreased by ¥610,146,045.52, a decline of 194.11% year-on-year[84] Investment and Project Development - The company invested CNY 2 billion in land acquisition, adding 270,000 square meters of gross floor area through successful bids in Tianjin, Xi'an, and Dongguan[46] - The company reported a total investment of 10.60 billion CNY for the project "Zhenye Bo'an" in Xi'an, with a completion progress of 100%[54] - The cumulative presale area for the "Zhenye Bo'an" project reached 13.42 million square meters, generating sales amounting to 3.52 billion CNY in the current period[55] - The company has several projects in the preparation stage, including "惠阳振业城二期 U 组团" with an investment of ¥13,970,322.79[97] - The company is actively expanding its real estate portfolio across various regions, including projects in Xi'an and Tianjin[99] Corporate Governance and Compliance - The company has committed to enhancing the management of undisclosed information and ensuring compliance with governance standards as part of its corporate governance initiatives[130] - The company has not engaged in any securities or derivative investments during the reporting period[101] - There were no significant asset or equity disposals during the reporting period[103] - The company has not faced any penalties or rectification requirements during the reporting period[141] Social Responsibility and Community Engagement - The company actively participated in poverty alleviation efforts, allocating an additional 2 million yuan for assistance[171] - A total of 19 registered impoverished individuals were helped to escape poverty during the reporting period[172] - The company invested CNY 25.5 million in poverty alleviation projects, helping 19 registered impoverished individuals to escape poverty[176] - The company allocated CNY 12 million to improve educational resources in impoverished areas[176] - The company plans to enhance targeted poverty alleviation efforts and strengthen grassroots party organization construction over the next three years[179] Market Conditions and Future Outlook - The real estate industry in China faced challenges due to macroeconomic factors, with GDP growth at 6.1% in 2019[43] - The company aims to leverage opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area and state-owned enterprise reforms for future growth[37] - The company anticipates a more active fiscal policy and a stable monetary policy post-pandemic, with a long-term positive outlook for the economy[110]

Financial Performance - Operating revenue for the period reached CNY 1,009,929,284.62, representing an 87.61% increase year-on-year[8] - Net profit attributable to shareholders increased by 184.66% to CNY 248,426,546.25 compared to the same period last year[8] - Basic earnings per share rose by 184.83% to CNY 0.1840, while diluted earnings per share remained the same[8] - The weighted average return on net assets was 3.97%, up from 2.46% in the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 249,429,706.46, an increase of 187.20% year-on-year[8] - Total operating revenue for the current period reached ¥1,009,929,284.62, a significant increase from ¥538,306,410.16 in the previous period[56] - Net profit for the current period was ¥249,203,513.64, up from ¥95,888,304.29 in the previous period, indicating strong profitability growth[59] - Basic earnings per share for the current period was ¥0.1840, an increase from ¥0.0646 in the previous period, reflecting enhanced shareholder value[62] - Net profit for the current period was ¥1,111,007,332.63, significantly up from ¥194,621,471.29, marking a growth of 471.5%[85] Assets and Liabilities - Total assets increased by 14.42% to CNY 15,489,084,775.28 compared to the end of the previous year[8] - Total current assets increased to CNY 12.23 billion as of September 30, 2019, up from CNY 10.43 billion as of December 31, 2018, representing a growth of approximately 17.3%[39] - Total liabilities increased to CNY 8.78 billion, compared to CNY 7.15 billion, marking a rise of about 22.7%[42] - Long-term borrowings as of September 30, 2019, were CNY 2,218,080,000, an increase of 82.92% compared to the beginning of the period, due to new borrowings for cooperative projects[19] - The company's equity attributable to shareholders increased to CNY 6.39 billion from CNY 6.20 billion, reflecting a growth of approximately 3.1%[45] - Total liabilities increased to ¥4,493,861,955.53 from ¥4,394,490,304.55, showing a slight rise in financial obligations[55] - Total assets amounted to approximately CNY 13.54 billion, with current assets at CNY 10.43 billion[104] - Current liabilities reached approximately CNY 2.86 billion, while total liabilities were about CNY 4.39 billion[118] Cash Flow - Cash flow from operating activities decreased by 30.48% to CNY 474,543,507.98 year-to-date[8] - Cash paid for taxes in the first nine months of 2019 was CNY 686,865,970.72, an increase of 183.82% year-on-year, mainly due to the settlement of land appreciation tax[20] - Cash inflow from operating activities totaled ¥6,847,931,955.93, compared to ¥2,541,050,141.04 in the previous period, an increase of 169.5%[88] - The net cash flow from operating activities was -6,764,046.83, a decrease compared to 100,339,655.48 from the previous period[95] - Total cash inflow from financing activities was 1,489,280,000.00, down from 1,804,100,000.00 in the previous period[94] Shareholder Information - The total number of shareholders at the end of the reporting period was 68,117[11] - The largest shareholder, Shenzhen Municipal Government State-owned Assets Supervision and Administration Commission, holds 21.96% of shares[11] Operational Expenses - The company reported a significant increase in other operating expenses, totaling CNY 8,028,515.82 for the first nine months of 2019, up 1782.98% year-on-year, primarily due to increased donation expenses[20] - Total operating costs amounted to ¥690,882,721.38, compared to ¥407,785,455.10 in the prior period, reflecting a rise in operational expenses[56] Investment and R&D - The company reported a decrease in investment income for the first nine months of 2019, totaling CNY 76,506,049.35, down 71.49% year-on-year, primarily due to reduced income from cooperative development projects[19] - Research and development expenses were not specified, but the company emphasized ongoing innovation efforts[56] Miscellaneous - The company reported no significant non-recurring gains or losses during the reporting period[8] - The company has not made any adjustments to prior financial statements under the new financial instrument standards[121] - The third-quarter report was not audited, indicating a potential area for further scrutiny[122] - The company’s chairman is Zhao Hongwei, who presented the report on October 29, 2019[123]