新城控股(601155) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for the third quarter was RMB 17.66 billion, a decrease of 40.16% year-over-year[2] - Net profit attributable to shareholders for the third quarter was RMB 136.43 million, down 31.57% year-over-year[2] - Basic earnings per share for the third quarter were RMB 0.06, a decrease of 33.33% year-over-year[3] - The decrease in revenue was primarily due to reduced income from real estate project deliveries compared to the same period last year[8] - The decrease in net profit was mainly due to reduced gross profit from real estate deliveries[8] - Operating income for the first three quarters of 2024 was 51.56 billion yuan, down from 71.28 billion yuan in the same period of 2023[19] - Net profit for the first three quarters of 2024 was 1.52 billion yuan, down from 2.65 billion yuan in the same period of 2023[21] - Net profit attributable to parent company shareholders decreased to RMB 1.45 billion from RMB 2.48 billion year-over-year[22] - Revenue for the first nine months of 2024 was 1.004 billion yuan, up from 777.441 million yuan in 2023[27] - Net profit for the first nine months of 2024 was 33.617 million yuan, down from 447.170 million yuan in 2023[27] - Comprehensive income totaled 33.617 million yuan, compared to 447.170 million yuan in the same period last year[28] Cash Flow - Net cash flow from operating activities for the year-to-date was RMB 1.78 billion, a decrease of 79.59% year-over-year[2] - Cash flow from operating activities declined to RMB 1.78 billion from RMB 8.73 billion year-over-year[23] - Cash received from sales of goods and services fell to RMB 33.23 billion from RMB 50.61 billion compared to the previous year[23] - Cash flow from investing activities improved to a positive RMB 471.93 million from a negative RMB 615.64 million year-over-year[24] - Cash flow from financing activities showed a net outflow of RMB 4.85 billion, improving from a net outflow of RMB 13.15 billion in the same period last year[24] - Total cash and cash equivalents at the end of the period stood at RMB 10.23 billion, down from RMB 16.53 billion at the end of the previous year[24] - Sales of goods and services received cash of 134,666,239 yuan in the first three quarters of 2024, a decrease of 69.7% compared to 444,823,325 yuan in the same period of 2023[29] - Total cash inflows from operating activities were 156,014,019 yuan in the first three quarters of 2024, down 70.3% from 525,645,341 yuan in the same period of 2023[29] - Net cash flow from operating activities was -364,332,633 yuan in the first three quarters of 2024, compared to -99,708,904 yuan in the same period of 2023[29] - Total cash inflows from investment activities were 10,097,986,649 yuan in the first three quarters of 2024, a decrease of 33.3% from 15,135,285,483 yuan in the same period of 2023[30] - Net cash flow from investment activities was 1,724,393,029 yuan in the first three quarters of 2024, an increase of 13.5% from 1,519,911,007 yuan in the same period of 2023[30] - Total cash inflows from financing activities were 1,860,000,000 yuan in the first three quarters of 2024, a decrease of 4.6% from 1,950,000,000 yuan in the same period of 2023[30] - Net cash flow from financing activities was -1,360,396,238 yuan in the first three quarters of 2024, compared to -1,653,861,281 yuan in the same period of 2023[30] - The ending balance of cash and cash equivalents was 2,200,989 yuan as of September 2024, a decrease of 86.1% from 15,869,510 yuan in the same period of 2023[30] Assets and Liabilities - Total assets as of the end of the third quarter were RMB 342.66 billion, a decrease of 8.41% compared to the end of the previous year[3] - Equity attributable to shareholders as of the end of the third quarter was RMB 61.53 billion, an increase of 2.42% compared to the end of the previous year[3] - The company's monetary funds as of September 30, 2024, are 13,316,771,990, a decrease from 18,971,301,140 at the end of 2023[16] - The company's inventory as of September 30, 2024, is 124,328,670,314, a decrease from 142,506,571,410 at the end of 2023[16] - The company's total current assets as of September 30, 2024, are 185,613,121,441, a decrease from 217,456,544,827 at the end of 2023[16] - The company's long-term equity investments as of September 30, 2024, are 23,687,222,344, a slight decrease from 24,137,884,854 at the end of 2023[16] - The company's investment properties as of September 30, 2024, are 120,595,555,274, an increase from 119,516,000,000 at the end of 2023[16] - Total assets decreased to 342.66 billion yuan from 374.11 billion yuan[17] - Total liabilities decreased to 258.54 billion yuan from 287.71 billion yuan[18] - Short-term borrowings decreased to 681.16 million yuan from 1.26 billion yuan[17] - Contract liabilities decreased to 82.96 billion yuan from 106.09 billion yuan[17] - Long-term borrowings increased to 31.70 billion yuan from 23.49 billion yuan[17] - Equity attributable to owners of the parent company decreased to 61.53 billion yuan from 60.08 billion yuan[18] - Minority interests decreased to 22.59 billion yuan from 26.33 billion yuan[18] - Total assets increased to 97.266 billion yuan from 95.730 billion yuan[25] - Other receivables stood at 88.795 billion yuan, slightly up from 87.079 billion yuan[25] - Long-term equity investments decreased to 6.443 billion yuan from 6.878 billion yuan[25] - Total liabilities rose to 85.470 billion yuan from 83.967 billion yuan[26] - Owner's equity increased to 11.797 billion yuan from 11.763 billion yuan[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 69,552[9] - Fuyu Development Group holds 1,378,000,000 shares, accounting for 61.09% of the total shares[9] - Changzhou Derun Consulting Management holds 137,800,000 shares, accounting for 6.11% of the total shares[9] - Hong Kong Securities Clearing holds 50,330,867 shares, accounting for 2.23% of the total shares[11] - China Securities Finance holds 27,816,200 shares, accounting for 1.23% of the total shares[11] Operating Costs and Expenses - Operating costs for the first three quarters of 2024 were 41.15 billion yuan, down from 58.27 billion yuan in the same period of 2023[21] - Operating costs decreased to 447.312 million yuan from 551.980 million yuan[27] - Financial expenses increased to 631.515 million yuan from 517.479 million yuan[27] Return on Equity - Weighted average return on equity for the third quarter was 0.22%, a decrease of 0.11 percentage points year-over-year[3] Non-Recurring Items - Non-recurring gains and losses for the third quarter amounted to a net loss of RMB 25.12 million[5] Earnings Per Share - Basic earnings per share dropped to RMB 0.64 from RMB 1.10 compared to the same period last year[22]