中交地产(000736) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥2,672,450,056.52, a decrease of 4.13% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥550,806,462.68, down 18.92% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥558,258,446.73, a decline of 19.28% compared to the previous year[2]. - The net profit attributable to shareholders for the first nine months of 2024 was RMB -1.534 billion, a decrease of 48.64% year-on-year[9]. - The net loss for Q3 2024 was CNY 1,325,321,821.34, compared to a net loss of CNY 893,353,203.77 in the previous year, reflecting a worsening of approximately 48.4%[14]. - The net profit for the third quarter of 2024 was -1,458,097,388.94 CNY, compared to -957,567,492.44 CNY in the same period last year, indicating a significant increase in losses[15]. - The total comprehensive income attributable to the parent company was -1,533,528,202.86 CNY, compared to -1,031,698,648.29 CNY in the previous year[15]. - The basic and diluted earnings per share were both -2.14 CNY, worsening from -1.48 CNY year-over-year[15]. Assets and Liabilities - The total assets at the end of the reporting period were ¥116,925,003,421.65, representing a decrease of 4.66% from the end of the previous year[2]. - The total assets of the company were RMB 116.93 billion, a decrease of 4.66% compared to the end of the previous year[9]. - Total assets decreased to CNY 116,925,003,421.65 from CNY 122,643,867,000.04, a decline of about 4.5%[13]. - Total liabilities decreased to CNY 100,479,783,388.06 from CNY 104,968,810,113.49, a reduction of approximately 4.7%[13]. - The total equity attributable to shareholders decreased by 67.79% to ¥520,323,595.41 compared to the end of the previous year[2]. - The total equity attributable to shareholders of the parent company was CNY 520,323,595.41, down from CNY 1,615,606,279.35, a decrease of about 67.8%[13]. - The total non-current liabilities decreased to CNY 27,138,064,087.40 from CNY 44,883,895,304.42, a decline of about 39.8%[13]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥978,822,878.20, down 77.85% compared to the same period last year[2]. - Cash inflow from operating activities decreased by 41.11% to ¥14,360,553,262.35, mainly due to reduced sales receipts[6]. - Cash inflows from operating activities totaled 14,360,553,262.35 CNY, down from 24,383,566,835.83 CNY in the previous year, reflecting a decline of approximately 41.2%[17]. - The net cash flow from operating activities was 978,822,878.20 CNY, a decrease of 77.8% compared to 4,419,302,711.08 CNY in the same period last year[17]. - The net cash flow from investing activities was -67,166,657.80 CNY, contrasting with a positive flow of 759,561,898.53 CNY in the previous year[17]. - The net cash flow from financing activities was -4,139,922,607.38 CNY, compared to -1,673,070,745.89 CNY in the same period last year, indicating increased cash outflows[17]. - The ending balance of cash and cash equivalents was 6,640,656,437.94 CNY, down from 12,187,494,144.25 CNY year-over-year[18]. - The company's cash and cash equivalents at the end of the reporting period were RMB 9.94 billion, down from RMB 12.01 billion at the beginning of the period[11]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 78,893, with the top ten shareholders holding 52.16% of the shares[7]. - The company issued 51,664,712 ordinary shares at a price of RMB 8.59 per share, raising a net amount of RMB 438.25 million[10]. Sales and Inventory - The company achieved a total contracted sales amount of RMB 12.34 billion in the first nine months of 2024, a decrease of 58.45% compared to the same period last year[9]. - The company reported a signed sales area of 655,000 square meters in the first nine months of 2024, a decrease of 51.26% year-on-year[9]. - The company’s inventory at the end of the reporting period was RMB 89.17 billion, down from RMB 93.26 billion at the beginning of the period[11]. Financial Expenses - The company's financial expenses increased by 110.06% to ¥793,399,043.50, primarily due to increased interest expenses after project completion[6]. - Financial expenses surged to CNY 793,399,043.50 from CNY 377,703,932.32, marking an increase of about 109.0%[14]. Research and Development - Research and development expenses for Q3 2024 were CNY 1,504,418.65, compared to CNY 1,344,180.03 in the previous year, an increase of approximately 11.9%[14].