Financial Performance - Operating revenue for the reporting period reached ¥813,028,351.45, an increase of 42.32% compared to the same period last year[7] - Net profit attributable to shareholders of the listed company was ¥184,993,528.93, reflecting a growth of 17.53% year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥179,968,384.80, up 35.13% year-on-year[7] - Basic earnings per share for the reporting period were ¥0.0610, an increase of 17.53% compared to the same period last year[7] - The company reported a total comprehensive income attributable to the parent company, totaling ¥184,993,528.93 compared to ¥150,915,107.05 in the previous period[59] - The total operating revenue for the current period is CNY 2,530,508,787.50, an increase from CNY 2,060,419,765.96 in the previous period, representing a growth of approximately 22.8%[68] - The net profit for the current period is CNY 798,673,016.89, up from CNY 540,649,683.15 in the previous period, reflecting a growth of approximately 47.6%[71] - Basic earnings per share for the current period is CNY 0.2656, compared to CNY 0.1907 in the previous period, showing an increase of about 39.3%[74] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥18,492,583,303.56, a decrease of 2.09% compared to the end of the previous year[7] - Net assets attributable to shareholders of the listed company were ¥7,790,503,525.31, down 9.46% year-on-year[7] - Total liabilities rose from 10,000,331,360.77 to 10,386,359,684.53, reflecting an increase of about 3.86%[42] - Current liabilities decreased from 8,566,419,928.77 to 8,226,369,884.53, a reduction of about 3.97%[39] - Non-current liabilities increased from 1,433,911,432.00 to 2,159,989,800.00, an increase of approximately 50.67%[42] - Owner's equity decreased from 8,887,273,081.74 to 8,106,223,619.03, a decline of approximately 8.79%[42] - The company reported a total equity attributable to shareholders of 7,790,503,525.31, down from 8,604,238,841.81, a decrease of approximately 9.46%[42] Cash Flow - The net cash flow from operating activities was negative at -¥270,127,453.45, a decline of 160.97% year-on-year[7] - Cash inflow from operating activities totals 2,555,083,520.49, down 13.9% from 2,969,444,586.62 in the previous period[84] - Cash outflow from operating activities increased to 2,825,210,973.94, compared to 2,526,408,105.43 in the previous period[87] - Cash flow from investing activities shows a net inflow of 571,240,669.58, up from 127,489,206.92 in the previous period[87] - Cash flow from financing activities resulted in a net outflow of -886,834,993.54, compared to a net inflow of 320,937,543.85 in the previous period[89] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 69,150[11] - The largest shareholder, Suning Universal Group Co., Ltd., held 23.46% of the shares, with a total of 712,044,128 shares[11] - The company repurchased a total of 283,657,677 shares, accounting for 9.35% of total share capital, with a total payment of ¥984,575,286.69[21] Investment and Expenses - Financial expenses rose by 197.87% to ¥76,921,685.00 from ¥25,823,614.11 due to increased borrowing interest expenses[17] - Investment income decreased by 109.50% to -¥3,087,842.98 from ¥32,510,384.04 primarily due to reduced financial product returns and losses from associates[17] - The company reported a significant increase in tax expenses, totaling CNY 321,021,235.26 for the current period, compared to CNY 230,046,668.65 in the previous period, which is an increase of about 39.5%[71] - The company made an investment of ¥90,000,000.00 in an associate company during the reporting period[17]

Financial Performance - The company's operating revenue for the first half of 2019 was ¥1,717,480,436.05, representing a 15.33% increase compared to ¥1,489,162,551.34 in the same period last year[21]. - The net profit attributable to shareholders of the listed company was ¥620,993,634.17, a 47.45% increase from ¥421,165,296.07 year-on-year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥608,788,385.27, up 53.72% from ¥396,048,757.40 in the previous year[21]. - The basic earnings per share increased to ¥0.2046, reflecting a growth of 47.41% compared to ¥0.1388 in the same period last year[21]. - The company achieved a revenue of RMB 1.717 billion, representing a year-on-year growth of 15.33%[36]. - The net profit for the period was RMB 621 million, with a significant increase of 47.45% compared to the previous year[36]. - The company reported a significant increase in investment income, reaching CNY 1,219,194,063.27, compared to CNY 775,235,566.15 in the previous year[187]. - The company’s total comprehensive income attributable to owners of the parent was CNY 620,993,634.17, compared to CNY 406,577,542.15 in the previous year[184]. - The total comprehensive income for the first half of 2019 was CNY 1,210,154,383.48, compared to CNY 778,456,303.79 in the same period of 2018, representing an increase of approximately 55.4%[192]. - Basic and diluted earnings per share for the first half of 2019 were CNY 0.3988, up from CNY 0.2565 in the first half of 2018, reflecting a growth of about 55.4%[192]. Assets and Liabilities - The total assets at the end of the reporting period were ¥18,853,653,841.37, a slight decrease of 0.18% from ¥18,887,604,442.51 at the end of the previous year[21]. - The net assets attributable to shareholders of the listed company decreased by 8.79% to ¥7,847,617,253.55 from ¥8,604,238,841.81 at the end of the previous year[21]. - The company's asset-liability ratio stood at 56.69%, with other liabilities (excluding pre-receivables) accounting for 32.53% of total assets, which is significantly lower than industry averages[36]. - Total liabilities rose to CNY 10,687,316,697.84 from CNY 10,000,331,360.77, an increase of about 6.87%[144]. - Long-term borrowings increased significantly to CNY 2,174,989,800.00 from CNY 1,433,911,432.00, an increase of about 51.67%[143]. - Total equity decreased to CNY 8,166,337,143.53 from CNY 8,887,273,081.74, a decline of approximately 8.12%[159]. Cash Flow - The net cash flow from operating activities was negative at -¥430,359,637.14, a significant decline of 570.19% compared to a positive cash flow of ¥91,529,459.41 in the same period last year[21]. - Cash inflow from operating activities totaled CNY 1,748,789,751.33 in the first half of 2019, down from CNY 2,027,547,029.14 in the same period of 2018, indicating a decrease of approximately 13.7%[193]. - The net cash flow from operating activities was negative at CNY -430,359,637.14 for the first half of 2019, compared to a positive CNY 91,529,459.41 in the first half of 2018[196]. - Cash inflow from investment activities was CNY 1,369,671,829.52 in the first half of 2019, compared to CNY 1,265,942,379.00 in the same period of 2018, showing an increase of about 8.2%[196]. - The net cash flow from investment activities was CNY 688,258,968.27 for the first half of 2019, up from CNY 250,841,725.91 in the first half of 2018, indicating a significant increase[196]. - The ending cash and cash equivalents balance was CNY 2,608,587,914.23 as of the end of the first half of 2019, compared to CNY 2,152,597,732.40 at the end of the first half of 2018, reflecting an increase of about 21.1%[198]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 73,662, with the largest shareholder, Suning Universal Group, holding 23.46% of shares[114]. - The top three shareholders, Zhang Guiping, Suning Universal Group, and Zhang Kangli, collectively hold 55.66% of the shares, indicating significant ownership concentration[116]. - The company has repurchased a total of 263,745,853 shares, representing approximately 8.69% of the total share capital, with a total payment of 907,659,910.09 yuan[108]. - The company reported a total of 2,516.47 million yuan in related party transactions, accounting for 13,000 million yuan in approved transaction limits[82]. Strategic Focus - The company is actively developing its cultural and artistic services, with a focus on building a comprehensive platform for art valuation and financing, leveraging big data technology[36]. - The company is transitioning its medical beauty segment to a "new medical beauty" strategy, enhancing its operational and profitability capabilities[36]. - The company continues to focus on quality in real estate projects, with key developments including Nanjing Tianrun City and Venice Water City, aiming for maximum profit under reasonable sales progress[29]. - The company is committed to a diversified development strategy, with ongoing transformation efforts in cultural, health, and financial sectors[33]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[178]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[4]. - The company faced risks from complex external environments and will focus on strengthening its core competitiveness through information technology and management[68]. - The company maintains a cautious and pragmatic approach to project selection, ensuring a solid foundation for future growth and sustainable development[33].

Financial Performance - The company's operating revenue for Q1 2019 was ¥638,258,507.71, a decrease of 19.48% compared to the same period last year[7]. - The net profit attributable to shareholders for Q1 2019 was ¥183,178,581.83, down 32.62% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥173,032,772.85, a decline of 34.05% compared to the previous year[7]. - Basic earnings per share for Q1 2019 were ¥0.0604, down 32.59% year-on-year[7]. - The total net profit attributable to the parent company was 183,178,581.83 CNY, a decrease of 32.5% compared to 271,840,657.30 CNY in the previous period[55]. - The total profit for the period was 253,483,019.56 CNY, compared to 365,559,727.98 CNY in the previous period, reflecting a decline of 30.6%[52]. - The company reported a net loss of 13,290,392.12 CNY for the current period, compared to a loss of 2,121,988.67 CNY in the previous period[59]. - The operating profit for the period was -13,448,414.80 CNY, compared to -2,121,963.03 CNY in the previous period[56]. - The company experienced a decrease in the profit margin, reflecting challenges in the current market environment[52]. Cash Flow - The net cash flow from operating activities was -¥371,394,346.33, representing a decrease of 65.71% from the same period last year[7]. - The net cash flow from operating activities was -371,394,346.33, a decrease from -224,125,894.78 in the previous period, indicating a worsening cash flow situation[63]. - Cash inflow from investment activities totaled 1,318,204,829.52, compared to 1,109,895,610.54 in the previous period, showing an increase of approximately 18.8%[66]. - The net cash flow from financing activities was 310,037,058.68, a significant improvement from -156,334,903.89 in the previous period[66]. - The total cash and cash equivalents at the end of the period reached 3,440,385,982.53, up from 2,214,541,540.71 in the previous period, reflecting a growth of approximately 55.1%[66]. - The company paid 71,579,701.47 in taxes, down from 98,678,001.98 in the previous period, indicating a reduction of about 27.5%[63]. - The cash outflow for purchasing goods and services was 939,390,365.77, an increase from 830,632,814.99 in the previous period, representing a rise of approximately 13.1%[63]. - The cash inflow from other operating activities was 13,457,902.06, compared to 10,899,056.81 in the previous period, marking an increase of about 23.5%[63]. - The cash outflow for employee payments was 38,726,523.15, down from 47,437,096.31 in the previous period, showing a decrease of about 18.0%[63]. Assets and Liabilities - Total assets at the end of the reporting period were ¥19,193,303,504.72, an increase of 1.62% compared to the end of the previous year[7]. - The total assets increased to CNY 16,526,212,606.47 from CNY 15,692,755,497.87, representing a growth of 5.3%[43]. - Total liabilities rose to CNY 10,354,844,049.95 from CNY 10,000,331,360.77, an increase of 3.5%[39]. - Owner's equity totaled CNY 8,838,459,454.77, a slight decrease from CNY 8,887,273,081.74, reflecting a decline of 0.6%[39]. - The total current liabilities decreased to CNY 8,320,932,617.95 from CNY 8,566,419,928.77, a reduction of 2.9%[39]. - Long-term borrowings rose by 41.84% to ¥2,033,911,432 from ¥1,433,911,432 reflecting new long-term loans[1]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 76,185[10]. - The largest shareholder, Suning Universal Group Co., Ltd., held 23.46% of the shares, with 712,044,128 shares pledged[10]. - The company repurchased 71,273,359 shares, accounting for 2.35% of total shares, at a total cost of ¥229,915,407.82[21]. Other Financial Metrics - The company reported non-operating income of ¥10,145,808.98 during the reporting period[7]. - Financial expenses increased by 55.39% to ¥10,450,391.63 from ¥6,725,278.07 due to reduced interest income[1]. - The company incurred financial expenses of 3,252,694.42 CNY, an increase from 2,099,473.20 CNY in the previous period[56]. - The company has a long-term loan of CNY 2,033,911,432.00, up from CNY 1,433,911,432.00, indicating increased leverage[39]. - Total cash received from investment income was ¥1,320,000, compared to ¥0 in the previous period, attributed to dividends from an associate[1]. - Cash paid for investments increased to ¥90,000,000, indicating a rise in investment in an associate company[1].

Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 3.00 RMB per 10 shares to all shareholders, based on a total share capital of 2,893,220,528 shares[4]. - The cash dividend for 2018 is set at 3.00 yuan per 10 shares, amounting to a total cash dividend of approximately 867.97 million yuan, which represents 85.04% of the net profit attributable to ordinary shareholders[121]. - The total cash dividend, including other methods, for 2018 is approximately 1.32 billion yuan, which exceeds the total distributable profit of approximately 4.17 billion yuan[124]. - The company plans to continue exploring share repurchase and cash dividend measures to maintain company value and protect shareholder interests[43]. - The company repurchased a total of 141,415,856 shares, representing approximately 4.66% of the total share capital, with a total payment of 452,612,807.61 yuan[176][178]. Business Transformation and Focus - The company underwent a major business transformation in December 2005, shifting its primary business focus from paper production to real estate development[20]. - The company is focusing on real estate development in Nanjing while expanding into other cities like Shanghai and Wuxi, with a strategic emphasis on quality projects and market marketing[33]. - The company is focusing on the Nanjing market for its real estate development, with significant projects like the North Bund Water City community being recognized as a pilot for international community development[41]. - The company has diversified its business into various sectors, including real estate, cultural industries, and medical beauty, ensuring a balanced growth strategy[40]. Financial Performance - The company's operating revenue for 2018 was ¥3,243,794,333.65, a decrease of 43.76% compared to ¥5,767,980,961.16 in 2017[22]. - Net profit attributable to shareholders for 2018 was ¥1,020,651,230.37, down 11.07% from ¥1,147,761,522.55 in 2017[22]. - The net cash flow from operating activities decreased by 59.52% to ¥804,474,007.46 in 2018 from ¥1,987,489,632.43 in 2017[22]. - Basic and diluted earnings per share for 2018 were both ¥0.3363, reflecting an 11.08% decline from ¥0.3782 in 2017[22]. - Total assets at the end of 2018 were ¥18,887,604,442.51, a decrease of 4.14% from ¥19,704,285,503.68 at the end of 2017[22]. - The net assets attributable to shareholders increased by 6.19% to ¥8,604,238,841.81 at the end of 2018 from ¥8,102,823,404.52 at the end of 2017[22]. Risk Management and Compliance - The company emphasizes the importance of risk awareness regarding forward-looking statements made in the annual report[4]. - The company has ensured compliance with legal and regulatory requirements in its related party transactions to protect the interests of minority shareholders[130]. - The company has not reported any non-operating fund occupation by its controlling shareholder or related parties during the reporting period[134]. - The company has made adjustments to its financial reporting in accordance with the new accounting standards issued by the Ministry of Finance in June 2018, affecting the presentation of various financial items[135]. Investments and Projects - The company has a land reserve of 136.83 million square meters with a planned construction area of 212.45 million square meters as of the end of the reporting period[44]. - The total committed investment for the Tianrun City project is CNY 1,200,000,000, with an adjusted investment amount of CNY 1,135,673,669.3, achieving an investment progress of 58.91%[94]. - The North Bund Water City project has a total committed investment of CNY 950,000,000, with an investment progress of 60.74% and benefits realized amounting to CNY 86,112,275.59[94]. - The company has a total of 18,953,171,933.55 in projected revenue from ongoing projects[84]. Corporate Governance and Structure - The company’s financial report is guaranteed to be true, accurate, and complete by its board of directors and senior management[3]. - The company has appointed Zhongxi Certified Public Accountants as its auditing firm for the reporting period[21]. - The company has established several subsidiaries during the reporting period, including Suning Global Pawn (Nanjing) Co., Ltd., which had an impact of -CNY 25,797.59 on overall performance[109]. - The company has maintained a balance of RMB 20,909,400.00 in the fundraising special account as of December 31, 2018[91]. Market and Industry Trends - The company aims to enhance its cultural and artistic services by integrating technology such as big data and blockchain, targeting significant growth in market share and competitiveness[113]. - The company is actively developing its medical beauty industry, enhancing its operational capabilities to align with industry characteristics[42]. - In the cultural and sports industry, the company has established a comprehensive service platform and expanded its market share, becoming a leader in the art finance service sector[42]. Shareholder Structure - The company’s share capital structure includes 3,034,636,384 shares, with 745,282,953 shares under limited sale conditions[175]. - The total number of ordinary shareholders at the end of the reporting period was 80,392, an increase from 76,185 at the end of the previous month[183]. - The largest shareholder, Suning Holdings Group Co., Ltd., holds 660,044,128 shares, representing 21.75% of total shares[183]. - The top ten unrestricted shareholders collectively hold 1,405,000,000 shares, which is a significant portion of the company's equity[184].

证券代码：000718 证券简称：苏宁环球 公告编号：2018-031 苏宁环球股份有限公司 2018 年第三季度报告正文 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 □ 是 √ 否 苏宁环球股份有限公司 2018 年第三季度报告正文 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。 公司负责人张桂平、主管会计工作负责人何庆生及会计机构负责人(会计主 管人员)何庆生声明：保证季度报告中财务报表的真实、准确、完整。 2 苏宁环球股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 19,520,373,614.56 | 19,704,285,503.68 | | -0.93% | | 归属于上市公司股东的净资产 | 8,356,852,415.32 | ...

Financial Performance - The company's operating revenue for the first half of 2018 was ¥1,489,162,551.34, a decrease of 12.30% compared to ¥1,698,033,654.72 in the same period last year[18]. - Net profit attributable to shareholders increased by 136.84% to ¥421,165,296.07, up from ¥177,824,547.77 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥396,048,757.40, representing a 140.59% increase from ¥164,613,935.28 year-on-year[18]. - Basic earnings per share rose to ¥0.1388, an increase of 136.86% from ¥0.0586 in the previous year[18]. - The company reported a gross profit margin of 63.42% in the real estate sector, with a year-on-year decrease of 11.58% in revenue[46]. - The company reported a total of 2,833.99 million yuan in related party transactions, accounting for 6.41% of similar transactions[81]. - The company reported a profit distribution of CNY -303,463,638.40 to shareholders, indicating a loss in this period[157]. - The total comprehensive income for the period is CNY 1,132,206,738.86, reflecting a significant recovery from previous losses[157]. Cash Flow and Investments - The net cash flow from operating activities was ¥91,529,459.41, a significant decline of 86.01% compared to ¥654,268,884.11 in the same period last year[18]. - The cash flow from operating activities for the current period is CNY 1,978,475,625.54, down from CNY 2,191,881,031.37 in the previous period, reflecting a decrease of about 9.72%[140]. - Cash inflow from investment activities totaled 1,265,942,379.00, down 48% from 2,448,347,617.82 in the prior period[142]. - The net cash flow from investment activities was 250,841,725.91, a recovery from a negative cash flow of -469,575,333.95 in the previous period[142]. - The company received 1,540,000,000.00 in cash from borrowings, a decrease from 1,827,178,205.49 in the previous period[144]. - The company reported a cash inflow of 721,000,000.00 from investment activities, down from 1,316,400,000.00 in the prior period[148]. Assets and Liabilities - Total assets at the end of the reporting period were ¥18,256,527,217.77, down 7.35% from ¥19,704,285,503.68 at the end of the previous year[18]. - The company's total liabilities are CNY 9,755,427,502.80, compared to CNY 10,648,054,334.41 in the previous period, reflecting a reduction of approximately 8.4%[123]. - The company reported a decrease in accounts payable from CNY 3,108,233,213.80 to CNY 2,497,500,528.26, a reduction of approximately 19.6%[123]. - The company's cash and cash equivalents at the end of the reporting period were approximately RMB 2.35 billion, down from RMB 2.69 billion at the beginning of the period[119]. - The total number of shares is 3,034,636,384, with 75.43% being unrestricted shares[100]. Business Operations and Strategy - The company is actively pursuing diversification in its business model, with ongoing projects in cultural, health, and financial sectors, including the launch of the TV series "Fenghuo Liancheng Jue" and the establishment of the Suya Medical Aesthetic brand[33]. - The company is focusing on enhancing its brand image through high-quality real estate projects, with notable developments like Tianrun City and Venice Water City gaining significant consumer recognition[29]. - The company’s real estate business remains stable, with a consistent increase in profitability, supported by a strategic focus on quality projects in response to market demand and national policies[32]. - The company has a diversified investment strategy, focusing primarily on real estate development and operation across multiple projects[66]. - The company anticipates significant risks in the future due to government policies and market competition, particularly in the real estate sector[67]. Subsidiaries and Investments - The company has established new subsidiaries in the real estate sector, including Wuhu Suning Global Real Estate Development Co., Ltd., which is focused on real estate development and operation[66]. - The subsidiary Nanjing Pudong Real Estate Development Co., Ltd. reported a net profit of CNY 424,332,799.12, contributing significantly to the company's overall performance[66]. - The company sold 15.44% of its stake in Redrover, reducing its ownership from 19.18% to 3.74%[173]. - New companies established during the period include Wuhu Suning Global Hotel Co., Ltd., Tianjin Suning Global Leasing Co., Ltd., and Nanjing Suning Global Pawn (Nanjing) Co., Ltd.[174]. Financial Management and Governance - The company has not engaged in any securities or derivative investments during the reporting period[60][62]. - The company has not sold any major assets during the reporting period, indicating stability in its asset management[63]. - The company has not engaged in any illegal external guarantees during the reporting period[92]. - The company has implemented an employee stock ownership plan involving up to 76 employees, with a total of 40 million shares purchased[78]. - The financial statements are prepared based on the going concern principle, ensuring the company’s ability to continue operations for at least 12 months[176].

Financial Performance - The total revenue for 2017 was approximately ¥5.77 billion, a decrease of 30.06% compared to ¥8.25 billion in 2016[17]. - The net profit attributable to shareholders for 2017 was approximately ¥1.15 billion, an increase of 7.15% from ¥1.07 billion in 2016[17]. - The net cash flow from operating activities decreased by 44.34% to approximately ¥1.99 billion in 2017 from ¥3.57 billion in 2016[17]. - The basic earnings per share for 2017 was ¥0.3782, reflecting a 7.14% increase from ¥0.3530 in 2016[17]. - The total assets at the end of 2017 were approximately ¥19.70 billion, a decrease of 7.02% from ¥21.19 billion at the end of 2016[17]. - The net assets attributable to shareholders increased by 7.43% to approximately ¥8.10 billion at the end of 2017 from ¥7.54 billion at the end of 2016[17]. - The weighted average return on equity for 2017 was 14.88%, an increase of 2.34% from 12.54% in 2016[17]. - The total operating revenue for 2017 was approximately ¥5.77 billion, a decrease of 30.06% compared to ¥8.25 billion in 2016[52]. - Real estate sector revenue accounted for 91.34% of total revenue, amounting to ¥5.27 billion, down 32.38% from ¥7.79 billion in 2016[52]. Cash Flow and Investments - The company reported a net cash flow from operating activities of CNY 1.988 billion for the year[21]. - The company’s cash flow from operating activities showed a significant increase in the third quarter, reaching CNY 840 million[21]. - The company increased its investment in joint ventures, resulting in an increase of CNY 32 million in equity assets compared to the previous year[29]. - The company reported a significant increase in investment income of CNY 18,307,504.37, accounting for 1.19% of total profit[70]. - The total amount of significant equity investments made during the reporting period was CNY 147,668,260, with a total investment loss of CNY 7,615,593.20[77]. - The company reported a total of CNY 2,130,677,769.88 in fixed asset investments, with cumulative actual investment reaching CNY 15,638,995,626.30[80]. Real Estate Operations - The company sold 258,400 square meters of real estate in 2017, generating sales revenue of CNY 3.959 billion[27]. - The company’s real estate sales area reached 258,400 square meters with a sales amount of 3.959 billion yuan in 2017, achieving a net profit of 1.148 billion yuan, representing a year-on-year growth of 7.14%[35]. - The company has a total land reserve of 208.13 hectares with a planned construction area of 279.25 million square meters across various projects[38]. - The company has ongoing construction projects with a total investment amount of approximately 1.003 billion yuan, with significant portions already completed[42]. - The gross profit margin for the real estate sector was 45.98%, down 11.44% year-on-year[56]. - The total operating cost for the real estate sector was approximately ¥2.89 billion, a decrease of 43.34% from ¥5.10 billion in 2016[59]. Strategic Initiatives - The company has established a clear strategic plan for industrial transformation, with the real estate main business profitability steadily increasing, laying a solid foundation for structural adjustment and long-term stable growth[32]. - The company has actively expanded its real estate business in key regions, including Nanjing, Shanghai, Wuhu, Jilin, and Wuxi, capitalizing on favorable regional planning and infrastructure acceleration[35]. - The company plans to expand its market presence and explore new strategies in response to the declining revenue trends[50]. - New product and technology developments are underway to enhance operational efficiency and market competitiveness[50]. - The company is committed to expanding its medical beauty business, with plans to accelerate the construction of hospitals in Nanjing and Chongqing[101]. Corporate Governance and Compliance - The company emphasizes the importance of accurate financial reporting and has taken legal responsibility for the report's content[4]. - The company has implemented an employee stock ownership plan, allowing up to 76 employees to purchase 40 million shares from the controlling shareholder[125]. - The company maintains a transparent governance structure, ensuring equal rights for all shareholders and compliance with regulations[183]. - The company has no significant discrepancies with the governance norms set by the China Securities Regulatory Commission[186]. - The company has not reported any penalties or rectification measures during the reporting period[123]. Shareholder Information - The company reported a total share count of 3,034,636,384 shares, with a significant reduction in restricted shares by 378,405,356 shares[149]. - The largest shareholder, Suning Universal Group Co., Ltd., holds 21.75% of shares, totaling 660,044,128 shares, with 492,199,997 shares pledged[155]. - Zhang Guiping, the actual controller of the company, holds 17.27% of shares, totaling 524,179,113 shares, with 300,000,000 shares pledged[155]. - The company has not undergone any changes in its controlling shareholder during the reporting period[158]. - The actual controller, Zhang Guiping, has not changed during the reporting period[159]. Employee and Management Structure - The company employed a total of 1,143 staff, with 895 in other roles, 55 in sales, and 39 in technical positions[177]. - The company has a total of 1,143 employees with educational qualifications including 1 PhD, 48 postgraduates, 452 undergraduates, and 642 with college diplomas or below[177]. - The total pre-tax remuneration for the board of directors and senior management amounted to CNY 8.27 million[176]. - The remuneration for the chairman and president, Zhang Guiping, was CNY 3.50 million[176]. - The company has conducted various training programs to enhance management and professional skills[179]. Risk Management - The company anticipates potential risks from government policies and market competition, particularly in the real estate sector[105]. - The company plans to enhance its operational management in the real estate sector to improve profitability and market competitiveness[98].

Financial Performance - The company's operating revenue for Q1 2018 was CNY 792,678,634.89, representing a 42.69% increase compared to CNY 555,519,134.14 in the same period last year[8]. - Net profit attributable to shareholders reached CNY 271,840,657.30, a significant increase of 544.28% from CNY 42,193,032.91 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was CNY 262,352,907.56, up 533.45% from CNY 41,416,517.56 in the previous year[8]. - The basic earnings per share increased to CNY 0.0896, reflecting a 544.60% rise from CNY 0.0139 in the same quarter last year[8]. - The weighted average return on equity improved to 3.30%, up 2.74% from 0.56% in the previous year[8]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 19,250,864,401.76, a decrease of 2.30% from CNY 19,704,285,503.68 at the end of the previous year[8]. - The net assets attributable to shareholders increased to CNY 8,374,664,061.82, marking a 3.35% rise from CNY 8,102,823,404.52 at the end of the previous year[8]. Cash Flow - The company reported a net cash flow from operating activities of CNY -224,125,894.78, a decline of 155.61% compared to CNY 403,010,843.64 in the same period last year[8]. - Cash received from operating activities decreased by 98.30% to $10.90 million due to the absence of a previous year's land compensation of $600 million[17]. - Cash received from investment recoveries increased by 7124.73% to $18.97 million from a previous $262,570, due to partial recovery of investments in Shenzhen Pingliwen Investment Management Center[17]. - Cash paid for the acquisition of fixed assets and other long-term assets decreased by 58.91% to $1.98 million, reflecting reduced capital expenditures[17]. - Cash paid for investments was $0, a 100% decrease from $25.29 million in the previous year, as there were no investments in the Korean subsidiary REDROVER this period[17]. - Cash paid for other investment activities decreased by 47.03% to $989.95 million, primarily due to reduced expenditures on financial products[18]. - Cash received from borrowings decreased by 30.49% to $885 million, indicating a reduction in bank loans compared to the previous year[18]. - Cash paid for debt repayment increased by 35.30% to $1.04 billion, reflecting an increase in bank loan repayments[18]. - Cash paid for dividends and interest decreased by 44.56% to $28.20 million, due to a lower level of interest-bearing liabilities[18]. Taxation - The company's tax expenses rose to CNY 95,198,518.36, a 287.70% increase from CNY 24,554,813.15 in the same period last year, attributed to the increase in total profit[16]. - Cash paid for taxes decreased by 39.80% to $98.68 million, attributed to a reduction in VAT and corporate income tax compared to the previous year[17]. Non-Operational Activities - There were no significant non-operational fund occupations by controlling shareholders or related parties during the reporting period[24].

苏宁环球股份有限公司 2017 年第三季度报告正文 证券代码：000718 证券简称：苏宁环球 公告编号：2017-046 苏宁环球股份有限公司 2017 年第三季度报告正文 1 苏宁环球股份有限公司 2017 年第三季度报告正文 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。 公司负责人张桂平、主管会计工作负责人何庆生及会计机构负责人(会计主 管人员)何庆生声明：保证季度报告中财务报表的真实、准确、完整。 2 苏宁环球股份有限公司 2017 年第三季度报告正文 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 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 19,999,575,129.69 | 21,192,861,787.73 | | -5.63% | | 归属于上市公司 ...

Financial Performance - The company's operating revenue for the first half of 2017 was ¥1,698,033,654.72, a decrease of 8.38% compared to ¥1,853,395,727.71 in the same period last year[19]. - Net profit attributable to shareholders was ¥177,824,547.77, representing a 2.63% increase from ¥173,263,857.51 year-on-year[19]. - The net cash flow from operating activities decreased significantly by 67.61%, amounting to ¥654,268,884.11 compared to ¥2,020,260,678.75 in the previous year[19]. - Total assets at the end of the reporting period were ¥20,341,328,265.57, down 4.02% from ¥21,192,861,787.73 at the end of the previous year[19]. - The net assets attributable to shareholders decreased by 5.69%, totaling ¥7,112,924,370.19 compared to ¥7,542,251,585.91 at the end of the previous year[19]. - Basic earnings per share increased to ¥0.0586, up 2.63% from ¥0.0571 in the same period last year[19]. - The weighted average return on net assets improved to 2.43%, an increase of 0.54% from 1.89% in the previous year[19]. Investment Activities - The company invested 45 million yuan in equity investment in Zhenjiang Medical Beauty during the reporting period[28]. - The company is actively expanding its medical beauty sector, establishing a standardized safety system and a resource pool of nearly 100 international medical beauty experts[34]. - The company is in the process of acquiring Shanghai Tianda Medical Beauty Hospital and constructing a self-built medical beauty hospital in Chongqing[35]. - The company signed an agreement with Hainan First Investment Holding Group to jointly establish Changshou Health Insurance Co., Ltd., which is currently under approval[35]. - The company committed to purchasing equity in the medical beauty industry fund at fair market prices, contingent upon meeting profitability and regulatory requirements[71]. Real Estate Development - The company achieved a signed sales area of 135,000 square meters and a signed sales amount of 1.95 billion yuan during the reporting period[27]. - The company's total sales area for the reporting period reached 13.47 million square meters, generating a total sales amount of CNY 1,952.34 million[40]. - Real estate development revenue reached CNY 1,475,248,149.08, a year-on-year increase of 27.86%[48]. - The gross profit margin for the real estate sector was 27.86%, a decrease of 9.47% compared to the previous year[47]. - The company completed construction on projects with a total investment of CNY 942.99 million, with actual investment reaching CNY 526.30 million[38]. Financial Position - The company's cash and cash equivalents decreased to CNY 1,973,777,342.99, accounting for 9.70% of total assets, down from 10.62%[52]. - Accounts receivable rose to CNY 574,788,711.24, representing 2.83% of total assets, due to increased sales in South Korea and Shanghai projects[52]. - Inventory decreased to CNY 12,779,289,560.04, accounting for 62.82% of total assets, down from 66.53%[52]. - Long-term equity investments increased to CNY 885,414,952.47, up from CNY 457,994,380.60, reflecting new investments in South Korea and other projects[53]. - The company's total liabilities decreased to CNY 12,230,019,102.14 from CNY 12,961,294,304.36, a reduction of 5.66%[124]. Shareholder Information - The total number of shares before the change was 3,034,636,384, with a reduction of 378,486,056 shares due to the lifting of restrictions[99]. - The restricted shares lifted were 378,486,055, accounting for 12.47% of the total share capital[100]. - The largest shareholder, Suning Universal Group, holds 21.75% of shares, totaling 660,044,128 shares, with 348,000,000 shares pledged[106]. - Zhang Guiping, the actual controller of the company, holds 17.27% of shares, totaling 524,179,113 shares[106]. - The company’s shareholding structure includes 745,525,043 restricted shares, representing 24.57% of the total shares after the change[99]. Corporate Governance and Compliance - The company emphasizes that forward-looking statements do not constitute substantive commitments to investors[5]. - The company has not experienced any bankruptcy restructuring during the reporting period[74]. - The company has not faced any penalties or corrective actions during the reporting period[75]. - The semi-annual financial report for the company was not audited[73]. - The company has made commitments to avoid competition with its controlling shareholder in the medical beauty sector[70]. Social Responsibility - The company donated 1 million yuan to the Zhongshan Boai Foundation for poverty alleviation activities, specifically targeting left-behind children[93]. - The company engaged in poverty alleviation efforts, with a total investment of 1 million yuan during the reporting period[94]. - The company assisted 80 left-behind individuals as part of its poverty alleviation initiatives[94]. - The company has no plans for future poverty alleviation initiatives at this time[95]. Market Conditions and Risks - The company anticipates potential risks from macroeconomic policies affecting the real estate sector, which may lead to tighter regulations[64]. - The company plans to enhance its brand advantage and core competitiveness in response to increasing market competition[64]. Accounting and Financial Reporting - The financial statements reflect the company's adherence to the accounting standards, ensuring a true and complete representation of its financial status as of June 30, 2017[178]. - The company has implemented specific accounting policies tailored to the real estate industry, particularly in areas such as bad debt provisions and inventory valuation[176]. - The company confirms its ability to continue as a going concern for at least 12 months from the reporting date[175].