证券代码：000517 证券简称：荣安地产 编号：2020-01 荣安地产股份有限公司投资者关系活动记录表 | --- | --- | --- | |--------------|---------------------------|----------------------------------------------| | | | | | 投资者关系活 | ☑特定对象调研 □分析师会议 | | | 动类别 | □媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称 | 民生证券 赵翔 | | | 及人员姓名 | | | | 时间 | 2020 年 11 月 20 | 日 | | 地点 | 宁波 | | | 上市公司接待 | | | | 人员姓名 | | 董事会秘书邓华堂 证券事务代表郑思思 | | 投资者关系活 | | 公司在遵守信息披露制度的前提下，介绍公司经营 | | 动主要内容介 | | 业绩、管理模式、市场情况等，沟通内容与公司公 | | 绍 | 告内容一致。 | | | ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥3,964,915,448.07, representing a 60.00% increase compared to the same period last year[4] - Net profit attributable to shareholders for the same period was ¥241,483,134.50, a significant increase of 1,260.07% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses reached ¥286,888,722.73, up by 588.77% compared to the previous year[4] - The basic earnings per share for the reporting period was ¥0.0758, an increase of 1,253.57% year-on-year[4] - Net profit for the current period was ¥1,131,953,361.31, an increase of 31.7% compared to ¥859,095,071.70 in the previous period[18] - Earnings per share (EPS) for the current period was ¥0.2918, up from ¥0.2327 in the previous period[18] - The total comprehensive income for the current period was ¥1,131,953,361.31, compared to ¥859,095,071.70 in the previous period, reflecting an increase of 31.7%[18] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥9,427,557,632.18, reflecting a 244.78% increase[4] - Cash inflow from operating activities totaled approximately ¥21.96 billion, a significant increase from ¥54.65 billion in the previous period[21] - Cash outflow from operating activities was approximately ¥12.54 billion, compared to ¥61.16 billion previously, resulting in a net cash flow from operating activities of approximately ¥9.43 billion, a turnaround from a negative cash flow of ¥6.51 billion[21] - Cash inflow from investment activities was approximately ¥647.60 million, down from ¥3.99 billion in the previous period[23] - Net cash flow from investment activities was approximately ¥228.64 million, compared to a negative cash flow of ¥1.10 billion previously[23] - Cash inflow from financing activities amounted to approximately ¥10.43 billion, a decrease from ¥27.01 billion in the previous period[23] - Net cash flow from financing activities was approximately -¥10.04 billion, contrasting with a positive cash flow of ¥6.44 billion previously[23] - The ending balance of cash and cash equivalents was approximately ¥9.22 billion, down from ¥6.95 billion in the previous period[23] - The company reported a significant increase in cash received from sales and services, totaling approximately ¥18.35 billion, compared to ¥21.93 billion previously[21] - Total cash outflow for other operating activities was approximately ¥4.42 billion, a decrease from ¥33.19 billion in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥79,072,887,350.71, down by 5.20% from the end of the previous year[5] - Total assets as of September 30, 2022, amounted to ¥79,072,887,350.71, a decrease from ¥83,411,545,975.94 at the beginning of the year[12] - Current assets totaled ¥73,188,899,640.23, down from ¥76,650,915,479.19[14] - Total liabilities decreased to ¥65,937,219,827.02 from ¥68,610,286,983.46, reflecting a reduction of 3.9%[16] - Total current liabilities were ¥55,923,509,278.56, slightly down from ¥57,124,632,231.97[15] - Short-term borrowings decreased to ¥428,230,134.32 from ¥1,024,840,150.23[15] - Long-term borrowings were reported at ¥9,556,427,290.11, down from ¥10,716,125,329.69[15] Shareholder Information - The company has a total of 42,924 common shareholders as of the reporting date[10] - The largest shareholder, Rong'an Group, holds 47.93% of the shares, totaling 1,525,939,995 shares[10] Operating Costs and Expenses - Total operating revenue for the current period was ¥10,233,785,138.99, a decrease of 11.6% from ¥11,575,564,870.99 in the previous period[16] - Total operating costs decreased to ¥9,047,896,660.21, down 15.7% from ¥10,732,824,499.94 in the previous period[17] - Research and development expenses for the current period were ¥33,244,972.35, a significant decrease of 62.8% from ¥89,392,756.34 in the previous period[17] - Tax expenses increased to ¥385,242,138.07, compared to ¥166,565,968.01 in the previous period, marking a rise of 131.9%[17] - Investment income for the current period was ¥372,387,584.37, up from ¥228,151,616.01 in the previous period, indicating a growth of 63.3%[17] Equity - The equity attributable to shareholders increased to ¥9,480,625,139.08, a rise of 3.79% compared to the previous year[5] - Total equity attributable to shareholders of the parent company increased to ¥9,480,625,139.08 from ¥9,134,116,533.58, representing a growth of 3.8%[16] - The weighted average return on equity was 2.58%, an increase of 2.38% compared to the previous year[4] Borrowings - The company reported a significant decrease in short-term borrowings by 58.21% to ¥428,230,134.32 due to repayment activities[8] - The cash flow from financing activities showed a negative net flow of ¥10,043,446,565.68, a decrease of 255.98% primarily due to debt repayment[8]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥6,268,869,690.92, a decrease of 31.09% compared to ¥9,097,490,192.50 in the same period last year[24]. - The net profit attributable to shareholders of the listed company was ¥687,529,819.83, down 4.90% from ¥722,988,489.67 year-on-year[24]. - The net cash flow from operating activities was ¥6,302,352,697.12, showing a significant increase of 264.26% compared to -¥3,836,778,146.59 in the previous year[24]. - The basic earnings per share for the reporting period was ¥0.2159, a decrease of 4.93% from ¥0.2271 in the same period last year[24]. - The weighted average return on equity was 7.31%, down 1.14% from 8.45% in the previous year[24]. - The gross profit margin for housing sales was 19.53%, with a decrease in revenue of 29.81% compared to the previous year[69]. - The company reported a profit from investment of ¥140,598,903.58, accounting for 16.44% of total profit, primarily from profits generated by cooperative project deliveries[73]. - The company reported a net profit margin of 18% for the last fiscal year, indicating strong operational efficiency and cost management[137]. Assets and Liabilities - The total assets at the end of the reporting period were ¥81,993,461,857.63, a decrease of 1.70% from ¥83,411,545,975.94 at the end of the previous year[24]. - The total liabilities decreased to 67,681.26 million from 68,610.29 million at the beginning of the year[193]. - The equity attributable to shareholders of the parent company increased to 9,239.14 million from 9,134.12 million at the beginning of the year[193]. - The total current liabilities amount to 56,891.23 million, a slight decrease from 57,124.63 million at the beginning of the year[193]. - Cash and cash equivalents at the end of the reporting period amounted to ¥9,761,110,118.20, representing 11.90% of total assets, a slight increase of 0.18% compared to the previous year[74]. - Accounts receivable decreased to ¥161,145,694.65, accounting for 0.20% of total assets, down by 0.03% from the previous year[74]. - Inventory stood at ¥59,393,308,369.69, making up 72.44% of total assets, a decrease of 0.41% year-on-year[74]. - Contract liabilities increased significantly to ¥38,671,338,522.45, representing 47.16% of total assets, up by 7.15% compared to the previous year[74]. Investment and Projects - The total investment amount for the "Chunxi Shanghe Bay" project in Hangzhou is estimated at 2.51 billion CNY, with cumulative investment reaching 2.23 billion CNY[46]. - The "Yue Long Ting" project in Jiaxing has a planned construction area of 124,691 square meters and an estimated total investment of 1.85 billion CNY, with cumulative investment at 1.58 billion CNY[46]. - The company completed approximately 320,000 square meters of construction area during the reporting period[43]. - The company is actively expanding into other cities in the Yangtze River Delta region[36]. - The company aims to maintain a balanced development in real estate, focusing on rapid development and quality products to ensure financial stability[57]. - The company plans to deepen its investment in the Yangtze River Delta region, particularly in Zhejiang, while increasing quality land reserves[57]. Financing and Debt Management - The company has a total financing balance of 1,470,672,000 yuan, with bank loans accounting for 1,258,462,000 yuan at an average financing cost of 3.70%-8.50%[53]. - The company maintained a low debt level compared to peers, optimizing its asset structure and reducing financing costs to control financial risks[64]. - The financial expenses decreased significantly by 57.16% to ¥52,382,076.75 from ¥122,261,549.67, mainly due to reduced interest expenses[66]. - The company has provided a guarantee balance of 14.065 billion yuan for homebuyers due to bank mortgage loans[56]. - The company reported a total external guarantee limit of 68,850,000 and an actual guarantee balance of 31,559,000 at the end of the reporting period[128]. Corporate Governance and Social Responsibility - The company has accumulated donations exceeding 100 charitable projects, with total contributions amounting to several million yuan, benefiting over 1 million people[104]. - The company donated 1.2 million yuan to support poverty alleviation efforts in Huangping County, Guizhou Province[104]. - The company has established a reading experimental base in collaboration with a local library, aiming to create 15-30 reading classrooms annually[104]. - The company has committed to fulfilling its promises regarding related party transactions and competition avoidance[108]. - The company has not faced any administrative penalties related to major environmental protection issues during the reporting period[103]. - The company plans to continue its community support initiatives, including funding for mental health employment training bases[104]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 49,640[157]. - The largest shareholder, Rong'an Group Co., Ltd., holds 47.93% of the shares, totaling 1,525,939,995 shares[157]. - The company’s total share capital is 3,183,922,485 shares[152]. - The top 10 shareholders include Rong'an Group Co., Ltd. and Wang Jiufang, who are acting in concert, with Rong'an Group holding 1,525,939,995 shares, accounting for 31.5% of total shares[162]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[167]. Future Outlook and Strategy - The company plans to expand its market presence by launching new projects in Zhejiang and Jiangsu provinces, targeting an increase in revenue by 15% in the next fiscal year[140]. - New product development initiatives are underway, with an investment of CNY 80 million allocated for technology upgrades and innovation in construction methods[139]. - The company has successfully completed several acquisitions, enhancing its portfolio with properties valued at CNY 200 million, which is expected to contribute to a 10% increase in overall revenue[138]. - The company has set a performance guidance of CNY 1 billion in revenue for the upcoming quarter, representing a 20% increase compared to the previous quarter[140]. - The company is focusing on sustainable development practices, with 40% of new projects incorporating green building standards[138]. - The company has increased its workforce by 10% to support the expansion of its project pipeline, ensuring adequate resources for upcoming developments[140].

Financial Performance - Revenue for Q1 2022 reached ¥3,826,368,001.70, an increase of 13.11% compared to ¥3,382,742,101.61 in the same period last year[3] - Net profit attributable to shareholders was ¥493,866,985.61, representing a significant increase of 206.21% from ¥161,285,381.74 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥532,551,989.79, up 197.02% from ¥179,299,520.45 in the previous year[3] - Basic earnings per share rose to ¥0.1551, a 205.92% increase from ¥0.0507 in the previous year[3] - Net profit for the current period was ¥489,770,823.08, compared to ¥212,733,103.54 in the previous period, reflecting a significant increase of approximately 130.0%[18] - Basic and diluted earnings per share for the current period were both ¥0.1551, up from ¥0.0507 in the previous period, marking an increase of approximately 205.5%[19] Cash Flow - The net cash flow from operating activities was ¥2,623,184,799.24, a turnaround from a negative cash flow of -¥2,536,543,460.82 in the same period last year, marking a 203.42% increase[3] - Cash flow from operating activities for the current period was ¥2,623,184,799.24, a turnaround from a negative cash flow of ¥2,536,543,460.82 in the previous period[20] - Cash received from sales of goods and services was ¥6,287,134,118.83, compared to ¥5,042,452,291.53 in the previous period, showing an increase of about 24.7%[20] - Total cash inflow from operating activities was ¥7,373,502,093.56, down from ¥15,880,341,093.61 in the previous period, indicating a decrease of approximately 53.6%[20] - Total cash outflow from operating activities was ¥4,750,317,294.32, compared to ¥18,416,884,554.43 in the previous period, reflecting a decrease of about 74.2%[20] - The net cash flow from investment activities was 161,235,851.43, compared to a negative cash flow of -2,198,902,843.92 in the previous period[21] - The net cash flow from financing activities was -3,841,442,121.95, compared to a positive cash flow of 3,873,866,681.71 in the previous period[21] - The company reported a net increase in cash and cash equivalents of -1,057,021,471.28, compared to -861,579,623.03 in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥81,698,957,515.97, a decrease of 2.05% from ¥83,411,545,975.94 at the end of the previous year[3] - Total liabilities decreased from CNY 68,610,286,983.46 to CNY 66,158,427,700.41, a reduction of about 3.6%[15] - The total owner's equity attributable to the parent company increased from CNY 9,134,116,533.58 to CNY 9,627,983,519.19, reflecting an increase of approximately 5.4%[15] - The company's short-term borrowings decreased significantly from CNY 1,024,840,150.23 to CNY 506,723,677.77, a decrease of about 50.5%[14] - The total current liabilities decreased from CNY 57,124,632,231.97 to CNY 53,618,105,442.24, a decline of approximately 6.5%[15] Expenses - Research and development expenses decreased by 80.52% to ¥6,534,602.13 from ¥33,543,790.86 in the previous year[7] - Financial expenses decreased by 49.54% to ¥23,087,909.59 from ¥45,757,403.21 year-on-year[7] - Total operating costs for the current period were ¥3,120,408,656.50, up from ¥3,049,896,131.42 in the previous period, indicating an increase of about 2.3%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 55,280[8] Cash and Cash Equivalents - The total cash and cash equivalents decreased from CNY 9,779,439,734.47 at the beginning of the year to CNY 8,595,634,424.52, representing a decline of approximately 12.1%[13] - The cash and cash equivalents at the end of the period amounted to 8,554,586,331.31, compared to 7,260,600,161.74 at the end of the previous period[21] Other Income - The company reported an investment income of ¥6,876,097.73, a 109.50% increase from a loss of -¥72,343,240.90 in the previous year[7] - Other income for the current period was ¥35,189,065.47, significantly up from ¥3,026,651.32 in the previous period, representing an increase of approximately 1,061.5%[17] Audit Information - The company’s first-quarter report was not audited[22]

１ 证券代码：000517 证券简称：荣安地产 公告编号：2021-074 荣安地产股份有限公司 关于参加宁波辖区上市公司投资者网上集体接待 日活动的公告 | --- | |---------------------------------------------------------------------------------------------------| | 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或 者重大遗漏。 | | 为进一步加强与投资者特别是中小投资者的沟通交流，增强上市公司的透 | | 明度，提升公司治理水平，促进公司规范运作，在宁波证监局指导下，宁波上 | | 市公司协会将联合深圳市全景网络有限公司共同举办"心系投资者携手共行动" | | ——宁波辖区 2021 年上市公司投资者网上集体接待日主题活动。活动于 | | 年 11 月 18 日下午 15:00-17:00 举行，平台登陆地址为： https://rs.p5w.net/ | | 本次投资者网上集体接待日活动将采取网络远程的方式举行，届时公司高 | | 管人员将通过网络在线交流形 ...

Financial Performance - The company's operating revenue for Q3 2021 was CNY 2,478,074,678.49, representing a 206.06% increase year-over-year[5]. - The net profit attributable to shareholders for the same period was CNY 17,755,212.66, an increase of 11.07% compared to the previous year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 41,652,113.87, showing a significant increase of 524.40% year-over-year[5]. - Total operating revenue for the period reached ¥11,575,564,870.99, a significant increase from ¥4,059,521,723.06 in the previous period, representing a growth of approximately 185.5%[37]. - Net profit for the period was ¥859,095,071.70, up from ¥750,552,790.34, indicating a growth of approximately 14.5%[41]. - The net profit attributable to the parent company was ¥740,743,702.33, compared to ¥728,474,870.78 in the previous period, showing a slight increase of about 1.5%[41]. - The total comprehensive income for the period was ¥859,095,071.70, compared to ¥750,552,790.34 in the prior period, showing an increase of approximately 14.5%[44]. Assets and Liabilities - The total assets at the end of the reporting period reached CNY 84,088,162,138.00, a 24.08% increase from the end of the previous year[7]. - As of September 30, 2021, the total assets of Rong'an Real Estate Co., Ltd. amounted to ¥84,088,162,138.62, an increase from ¥67,767,966,376.20 at the end of 2020, representing a growth of approximately 24.5%[28]. - The company's current assets totaled ¥77,205,902,394.31 as of September 30, 2021, compared to ¥64,338,503,377.25 at the end of 2020, indicating an increase of about 20%[28]. - The total liabilities increased to ¥69,026,755,894.75 from ¥57,236,045,877.57, marking an increase of approximately 20.7%[35]. - The company's total liabilities were not explicitly stated, but the current liabilities included short-term borrowings of ¥656,822,833.15, down from ¥2,625,952,487.66, a decrease of about 75%[31]. - The company’s non-current liabilities totaled ¥9,976,067,807.55, down from ¥11,038,250,551.45, indicating a decrease of about 9.6%[35]. Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY -6,511,671,264.62, a decline of 127.64% compared to the same period last year[15]. - Operating cash inflow totaled ¥54.65 billion, an increase of 19.5% from ¥45.68 billion in the previous period[49]. - Net cash flow from operating activities was -¥6.51 billion, worsening from -¥2.86 billion in the previous period[49]. - Cash inflow from financing activities reached ¥27.01 billion, significantly higher than ¥9.87 billion in the previous period[51]. - Net cash flow from financing activities improved to ¥6.44 billion from ¥1.39 billion in the previous period[51]. - The company received ¥5.04 billion from minority shareholders, a substantial increase from ¥51.99 million in the previous period[51]. Expenses - The company's sales expenses increased by 135.90% to CNY 327,825,702.08, attributed to higher marketing and employee compensation costs[15]. - The financial expenses surged by 469.17% to CNY 137,669,956.57, primarily due to increased interest expenses[15]. - Research and development expenses for the period were ¥89,392,756.34, compared to ¥58,235,438.51 in the previous period, reflecting an increase of approximately 53.5%[39]. Shareholder Information - The number of shares held by the top ten shareholders indicates a concentration of ownership, with Rong'an Group holding 47.93% of the shares[18]. - The company has a total of 1,525,939,995 shares with unrestricted conditions held by Rong'an Group, reflecting a strong position in the equity structure[18]. - Total equity rose to ¥15,061,406,243.87, up from ¥10,531,920,498.63, representing an increase of about 42.5%[35]. - Total equity attributable to shareholders was ¥8,209,908,451.30, unchanged from the previous period[61]. Inventory and Other Assets - Cash and cash equivalents decreased to ¥7,095,550,281.13 from ¥8,627,884,728.46, reflecting a decline of approximately 17.7%[28]. - The company's inventory increased significantly to ¥63,230,974,537.27 from ¥49,157,794,616.83, marking an increase of around 28.6%[28]. - Contract liabilities increased to ¥33,024,439,386.10 from ¥24,554,373,913.92, representing a growth of approximately 34.3%[31]. - The company reported a significant decrease in accounts payable, which fell to ¥2,842,444,737.62 from ¥4,420,630,528.70, a decline of about 35.7%[31]. Reporting and Compliance - The third quarter report was not audited[63]. - The report was released on October 27, 2021[64]. - The company has not adjusted comparative data for the new leasing standards implemented from January 1, 2021[62].

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 9,097,490,192.50, representing a 179.94% increase compared to CNY 3,249,841,141.35 in the same period last year[26] - The net profit attributable to shareholders of the listed company was CNY 722,988,489.67, a slight increase of 1.47% from CNY 712,488,870.84 in the previous year[26] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 751,300,395.75, which is a decrease of 5.03% compared to CNY 791,123,112.16 last year[26] - The net cash flow from operating activities was negative at CNY -3,836,778,146.59, a decline of 35.84% from CNY -2,824,502,535.39 in the previous year[26] - The total assets at the end of the reporting period were CNY 77,449,204,864.47, an increase of 14.29% from CNY 67,767,966,376.20 at the end of the previous year[26] - The net assets attributable to shareholders of the listed company were CNY 8,820,609,097.55, reflecting a growth of 7.44% from CNY 8,209,908,451.30 at the end of the previous year[26] - The basic earnings per share for the reporting period was CNY 0.2271, which is an increase of 1.47% from CNY 0.2238 in the same period last year[26] - The diluted earnings per share also stood at CNY 0.2271, consistent with the basic earnings per share[26] - The weighted average return on equity was 8.45%, down from 9.97% in the previous year, indicating a decrease of 1.52%[26] Revenue and Sales - In the first half of 2021, the company achieved residential signed revenue of CNY 25.262 billion[41] - The company's operating revenue for the first half of 2021 was CNY 9.097 billion, primarily from the turnover of completed projects[41] - The company achieved residential signed revenue of 25.262 billion yuan and cash collection from residential sales of 22.363 billion yuan, with a company equity share of approximately 70%[61] - The company's total revenue from housing sales reached ¥8,700,490,560.83, representing a 195.00% increase compared to the same period last year[84] - Revenue from the Ningbo region was ¥3,007,656,485.74, a significant increase of 276.13% year-over-year[84] Investment and Development - The total area of new land reserves added during the reporting period was 1.5068 million square meters[42] - The company commenced new construction area of 1.71 million square meters and completed construction area of 0.65 million square meters during the reporting period[47] - The company is focused on residential and commercial property development, with a significant number of projects under construction and in planning stages[60] - The total investment during the reporting period was ¥3,393,400,000.00, marking a substantial increase of 1,017.94% from ¥303,539,300.00 in the same period last year[95] - The company added 150.68 million square meters of land area during the reporting period through various acquisition methods, enhancing its land reserve strategy[75] Financial Position - The company's cash and cash equivalents at the end of the reporting period amounted to ¥8,053,346,295.23, accounting for 10.40% of total assets[89] - The company's inventory value increased to ¥54,788,509,891.75, representing 70.74% of total assets[89] - The company's short-term borrowings decreased to ¥1,009,653,393.33, which is 1.30% of total assets, down from 3.87% last year[89] - The company's long-term borrowings stood at ¥10,893,266,627.21, which is 14.07% of total assets, a decrease from 15.08% last year[89] - The company maintains a low debt level compared to industry peers, ensuring financial stability and risk control[76] Project Details - The company has ongoing real estate projects in Ningbo, with a total planned construction area of 1,020,000 square meters and an estimated total investment of 1,000 million yuan[48] - The project "Wangjiangnan Runyuan" in Ningbo has a total investment of 1,803.09 million yuan, with a cumulative investment of 1,276.48 million yuan[48] - The "Lin Yu Fang Ting" project in Ningbo has a planned construction area of 87,095 square meters and an estimated total investment of 2,352.44 million yuan, with a cumulative investment of 1,986.35 million yuan[51] - The "Xiang Chen Fu" project in Hangzhou has a total investment of 3,765.35 million yuan, with a cumulative investment of 3,189.14 million yuan[55] - The "Donghu Liuzhuang" project in Jiaxing has a planned construction area of 49,308 square meters and an estimated total investment of 936 million yuan, with a cumulative investment of 509.87 million yuan[57] Market Strategy - The company plans to continue expanding in cities within Zhejiang province and other cities in the Yangtze River Delta and Chengdu-Chongqing economic circle[41] - The company is expanding its market presence with new residential and commercial projects across multiple cities, indicating a strategic focus on growth and development[56] - The company has ongoing projects in multiple cities, including Chongqing, Xi'an, and Hangzhou, indicating a strategy of market expansion[60] Risk Management - The company faces policy risks, as the real estate industry is significantly affected by national macro-control policies[104] - The company will strengthen fund management to ensure the safety of the capital chain and reduce financial costs[104] - The company adheres to the principle of rapid development and quick capital recovery to address project operation risks[104] Shareholder Information - The largest shareholder, Rong'an Group, holds 1,525,939,995 shares, accounting for 47.93% of the total shares[180] - Wang Jiufang, a significant shareholder, holds 685,125,000 shares, representing 28.69% of the total shares[183] - The total number of shareholders at the end of the reporting period was 41,774, with no significant changes reported[180] - The number of restricted shares decreased by 23,625,000, from 710,565,169 to 686,940,169, representing a reduction from 22.32% to 21.58% of total shares[175] - The number of unrestricted shares increased by 23,625,000, from 2,473,357,316 to 2,496,982,316, representing an increase from 77.68% to 78.42% of total shares[175]

Financial Performance - The company's operating revenue for Q1 2021 was ¥3,382,742,101.61, representing a 578.46% increase compared to ¥498,593,912.95 in the same period last year[10]. - Net profit attributable to shareholders was ¥161,285,381.74, a significant increase of 718.30% from ¥19,709,910.25 in the previous year[10]. - The net profit after deducting non-recurring gains and losses was ¥179,299,520.45, up 75.35% from ¥102,255,265.68 year-on-year[10]. - Basic earnings per share increased to ¥0.0507, a rise of 717.74% from ¥0.0062 in the same period last year[10]. - The company reported a net profit of ¥6.62 billion for the period, up from ¥6.46 billion, indicating a growth of approximately 2.5%[56]. - The company reported a significant recovery in net profit attributable to shareholders, which is CNY 161,285,381.74, compared to CNY 19,709,910.25 in the previous period[72]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥2,536,543,460.82, worsening by 633.11% compared to a net outflow of ¥345,998,902.30 in the previous year[10]. - Net cash flow from operating activities was negative at ¥-2,536,543,460.82, a decline of ¥2,190,544,558.52, mainly due to increased land payments[26]. - The net cash flow from operating activities was -3,034,767,730.96 yuan, compared to -707,367,758.81 yuan in the previous period, indicating a significant decline in cash generation[89]. - Total cash inflow from operating activities amounted to 44,735,289,599.37 yuan, up from 25,040,244,043.83 yuan year-over-year[89]. - Cash outflow from operating activities reached 47,770,057,330.33 yuan, compared to 25,747,611,802.64 yuan in the previous period, reflecting increased operational costs[89]. - The company experienced a net decrease in cash and cash equivalents of -861,579,623.03 yuan, compared to -165,917,480.38 yuan in the previous period[86]. Assets and Liabilities - Total assets at the end of the reporting period were ¥71,346,011,788.69, reflecting a 5.28% increase from ¥67,767,966,376.20 at the end of the previous year[10]. - The total liabilities of the company were ¥56.69 billion, slightly down from ¥57.24 billion, indicating a reduction of approximately 1%[54]. - The company's total equity increased to ¥14.66 billion from ¥10.53 billion, reflecting a significant growth of approximately 39.2%[56]. - The company's inventory increased to ¥51.00 billion from ¥49.16 billion, an increase of approximately 3.7%[48]. - The total current liabilities decreased to CNY 9,305,447,604.71 from CNY 14,188,457,071.64, a reduction of about 34.5%[63]. Investments and Expenses - Long-term equity investments increased by 133.10% to ¥4,990,797,794.62, attributed to the growth in cooperative projects and the number of associated companies[23]. - The company reported a significant increase in minority shareholders' equity by 170.76% to ¥6,287,193,952.57, due to additional investments from minority shareholders[23]. - The company experienced a 276.67% increase in selling expenses to ¥106,793,193.89, mainly due to increased marketing promotions and sales commissions[23]. - Investment income decreased by 266.59% to ¥-72,343,240.90, primarily due to reduced profits from cooperative projects and new projects being under construction[23]. - The company reported research and development expenses of CNY 33,543,790.86 for the first quarter of 2021, reflecting ongoing investment in innovation[66]. Shareholder Information - The top shareholder, Rong'an Group Co., Ltd., holds 47.93% of the shares, with a total of 1,525,939,995 shares[14]. - The net assets attributable to shareholders were ¥8,370,343,276.60, up 1.95% from ¥8,209,908,451.30 at the end of the last year[10]. - The weighted average return on net assets was 1.95%, an increase of 1.66% compared to 0.29% in the previous year[10]. Other Financial Metrics - The company reported no significant non-recurring gains or losses that would be classified as regular gains or losses during the reporting period[13]. - The company has no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[42]. - The company has no overdue or unrecoverable principal in its entrusted financial management activities[40].

Financial Performance - The company's operating revenue for 2020 was ¥11,177,718,084.72, representing a 67.77% increase compared to ¥6,662,579,240.61 in 2019[23] - The net profit attributable to shareholders of the listed company was ¥1,742,518,728.02, a decrease of 7.75% from ¥1,888,856,434.53 in the previous year[23] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,798,863,354.70, showing a slight increase of 0.30% from ¥1,793,448,071.13 in 2019[23] - The basic earnings per share for 2020 was ¥0.5473, down 7.74% from ¥0.5932 in 2019[23] - The weighted average return on equity was 23.24% at the end of 2020, an increase of 9.55% compared to the end of 2019[26] - Total assets amounted to approximately ¥67.77 billion, with net assets attributable to shareholders of ¥40.01 billion, reflecting a 69.37% increase year-over-year[26] - The company's net profit attributable to shareholders for Q4 2020 was approximately ¥1.01 billion, with a total revenue of approximately ¥7.12 billion for the same quarter[29] - The company reported a government subsidy of approximately ¥49.09 million in 2020, a significant increase from previous years[33] - The company achieved residential signed revenue of 44.812 billion yuan and residential sales cash inflow of 37.750 billion yuan during the reporting period[55] - The company's total operating revenue for 2020 was approximately 11.2 billion yuan, primarily from the turnover of completed projects[55] - The revenue from housing sales was approximately 10.07 billion yuan, accounting for 90.06% of total operating revenue, with a year-on-year increase of 61.95%[90] Cash Flow and Investments - The net cash flow from operating activities was -¥10,728,252,476.63, a significant decline compared to ¥467,792,350.51 in the previous year, marking a decrease of 2,393.38%[23] - Operating cash inflows totaled ¥46,908,796,494.52, an increase of 18.31% compared to the previous year[110] - Operating cash outflows rose by 47.11% to ¥57,637,048,971.15, resulting in a net cash flow from operating activities of -¥10,728,252,476.63, a decrease of 2,393.38%[110] - Investment cash inflows surged by 250.82% to ¥15,196,551,861.12, while investment cash outflows increased by 319.88% to ¥14,339,645,231.48[110] - The company reported a significant increase in inventory, which rose by 11.03% to ¥49,157,794,616.83, due to increased development projects[115] - The total investment during the reporting period was ¥1,043,219,800.00, reflecting a 109.11% increase compared to the previous year[122] Business Strategy and Market Position - The company focuses on developing mid-to-high-end residential properties to meet rigid demand, enhancing brand value and market share[38] - The company actively controls land acquisition costs while moderately increasing land reserves to achieve balanced growth in scale and profit[39] - The company follows a rational and flexible land reserve strategy, focusing on acquiring quality land while controlling costs[45] - The company is strategically positioned to capitalize on market opportunities, with a robust development strategy aimed at increasing its market share in the real estate sector[68] - The company plans to expand its market presence in the Yangtze River Delta region, focusing on residential projects[73] - The company is expanding into non-residential sectors, including property management and commercial leasing, to diversify its operations[129] Project Development and Construction - The company has a total sellable building area of 1.4976 million square meters in Ningbo, accounting for 53.11% of the total[62] - The company commenced construction on 2.7093 million square meters and completed approximately 2.6534 million square meters during the reporting period[63] - The company has ongoing projects in Taizhou, with a total planned construction area of 103,055 square meters and an estimated total investment of 169.66 million yuan[69] - The company has multiple ongoing projects in Ningbo, with a total planned construction area of 1,052,000 square meters and an estimated total investment of approximately 1.5 billion yuan across these projects[66] - The company has a diverse project portfolio, including residential and commercial developments, with a focus on expanding its market presence in key cities[68] Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥0.35 per 10 shares (including tax) based on a total of 3,183,922,485 shares[6] - The company declared a cash dividend of 0.35 CNY per 10 shares, totaling 111,437,286.98 CNY, which represents 100% of the distributable profit[144] - The total distributable profit for the year was 1,537,356,368.51 CNY, with a net profit of 141,860,634.62 CNY for the parent company[144] - The company has committed to maintaining a minimum cash dividend ratio of 20% during significant capital expenditure phases[144] Operational Efficiency and Cost Management - The company maintains a low debt level compared to peers, optimizing asset structure and reducing financing costs[49] - The company aims to enhance cash flow management and optimize product structure to mitigate financial risks associated with capital-intensive operations[130] - The company emphasizes rapid project development and cash recovery, focusing on rigid demand and first-time improvement buyers[133] Accounting and Compliance - The company emphasizes the importance of accurate and complete financial reporting, with key personnel affirming the integrity of the annual report[5] - The company has implemented changes in accounting policies due to the new revenue recognition standards, affecting the financial statements starting from 2020[154] - The company has not reported any significant changes or adjustments in its business, products, or services during the reporting period[106] - The company has not engaged in any related party transactions during the reporting period[177] Risks and Challenges - The company acknowledges potential risks from policy changes and plans to adapt its strategies accordingly[130] - The real estate market in China is expected to develop healthily under the guidance of policies aimed at stabilizing housing prices and land prices[129]

Financial Performance - Operating revenue for the reporting period was ¥809.68 million, representing a year-on-year increase of 75.11%[10] - Net profit attributable to shareholders was ¥15.99 million, a decrease of 72.59% compared to the same period last year[10] - Basic earnings per share were ¥0.0050, down 72.68% from the previous year[10] - The weighted average return on equity was 0.22%, a decrease of 0.85% compared to the previous year[10] - Total operating revenue for the third quarter reached ¥809,680,581.71, a significant increase from ¥462,392,311.29 in the previous year, representing a growth of approximately 75.0%[63] - Net profit for the period was ¥10,043,084.39, a decrease from ¥34,197,417.05 year-over-year, reflecting a decline of approximately 70.7%[69] - The net profit for the current period is CNY 750,552,790.34, compared to CNY 573,827,549.46 in the previous period, reflecting a growth of approximately 30.8%[84] - The total profit for the current period was 1,223,046,150.63 CNY, compared to 281,316,484.73 CNY in the previous period, showing a substantial increase of approximately 335%[92] Assets and Liabilities - Total assets at the end of the reporting period reached ¥58.78 billion, an increase of 46.91% compared to the end of the previous year[10] - The company's total current assets reached CNY 55.59 billion, up from CNY 37.32 billion year-on-year[47] - Total liabilities were reported at CNY 51.46 billion, compared to CNY 33.26 billion in the previous year, reflecting a growth of about 54.7%[52] - The company's equity attributable to shareholders rose to CNY 7.20 billion from CNY 6.70 billion, marking an increase of approximately 7.7%[56] - The total assets and liabilities combined amount to approximately ¥18.49 billion[127] - Total liabilities amount to approximately ¥13.82 billion, with current liabilities comprising ¥13.82 billion[124] Cash Flow - Net cash flow from operating activities was -¥36.06 million, a decline of 94.24% year-on-year[10] - Cash inflow from operating activities totaled 45,683,677,268.47 CNY, compared to 35,077,982,910.56 CNY in the previous period, indicating a growth of about 30%[97] - The net cash flow from operating activities was -2,860,562,833.12, a significant decline compared to -678,879,452.40 in the previous period, indicating a worsening operational performance[100] - The total cash outflow from operating activities increased to 48,544,240,101.59, up from 35,756,862,362.96, reflecting higher operational costs[100] - The total cash and cash equivalents at the end of the period were 6,810,446,083.37, compared to 4,693,498,096.14 in the previous period, indicating an increase in liquidity[103] Shareholder Information - The company had a total of 45,281 common shareholders at the end of the reporting period[14] - The largest shareholder, Rong'an Group Co., Ltd., held 47.93% of the shares, with 1,525,939,995 shares pledged[14] Expenses and Investments - Research and development expenses increased by ¥58,235,438.51 year-to-date compared to the same period last year, primarily due to investments in construction technology[25] - Investment income increased by 224.99% year-to-date compared to the same period last year, driven by profits from cooperative projects and increased equity disposal gains[25] - Sales expenses decreased by 36.21% year-to-date compared to the same period last year, mainly due to reduced marketing promotions and adjustments in sales commissions[25] - The company reported a credit impairment loss of CNY 43,068,667.71, compared to CNY 55,870,082.55 in the previous period, indicating a reduction in credit risk[84] Inventory and Prepaid Accounts - Prepaid accounts decreased by 49.86% compared to the beginning of the period, mainly due to the transfer of prepaid land payments to inventory[24] - Inventory increased by 73.31% compared to the beginning of the period, attributed to increased land reserves and project development investments[24]