金地集团(600383) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥19,873,876,691.21, representing a year-on-year increase of 28.72%[3] - The net profit attributable to shareholders for the same period was -¥49,277,825.30, with a year-to-date net profit of -¥3,410,211,443.46, reflecting a decrease of 5,978.05% compared to the previous year[3] - The basic earnings per share for Q3 2024 was -¥0.01, with a year-to-date figure of -¥0.76, indicating a significant decline of 7,700%[3] - The company reported a significant drop in interest income to CNY 27,938,421.86 from CNY 60,427,062.01, a decrease of 53.8%[19] - The net profit for the third quarter of 2024 was -4,922,950,849.89 RMB, compared to a profit of 673,795,793.53 RMB in the same period last year, representing a significant decline[20] - The total comprehensive income for the third quarter of 2024 was -5,016,258,520.22 RMB, compared to 736,409,429.48 RMB in the previous year[21] - The basic and diluted earnings per share for the third quarter of 2024 were both -0.76 RMB, down from 0.01 RMB in the same quarter of 2023[21] - The total profit for the third quarter of 2024 was -4,857,216,946.10 RMB, down from 2,004,540,772.91 RMB in the same quarter of 2023[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥330,810,257,619.74, down 11.51% from the previous year-end[3] - The equity attributable to shareholders was ¥61,474,648,497.82, a decrease of 5.51% compared to the previous year-end[3] - The total assets as of the end of Q3 2024 were CNY 330,810,257,619.74, down from CNY 373,846,800,000.66 at the end of Q3 2023, representing a decrease of 11.5%[18] - The total liabilities decreased to CNY 223,665,870,126.77 from CNY 256,945,980,912.44, a reduction of 13.0% year-over-year[18] - The total equity attributable to shareholders decreased to CNY 61,474,648,497.82 from CNY 65,059,674,812.89, reflecting a decline of 5.5%[18] Cash Flow - The company reported a cash flow from operating activities of ¥7,802,839,314.64 year-to-date[3] - Cash inflows from operating activities for the first three quarters of 2024 totaled 55,605,046,413.50 RMB, a decrease from 105,567,529,067.23 RMB in the same period of 2023[22] - Cash outflows from operating activities for the first three quarters of 2024 were 47,802,207,098.86 RMB, compared to 106,312,619,908.30 RMB in the previous year[22] - Net cash flow from operating activities was ¥7.80 billion, a decrease from -¥745 million in the previous period[23] - Cash inflow from investment activities totaled ¥3.23 billion, down from ¥5.99 billion year-over-year[23] - Net cash flow from financing activities was -¥18.21 billion, compared to -¥22.16 billion in the same period last year[23] - The total cash and cash equivalents at the end of the period stood at ¥21.09 billion, down from ¥33.07 billion year-over-year[23] - Cash outflow for debt repayment was ¥24.51 billion, a decrease from ¥45.61 billion in the previous year[23] - Cash inflow from loans received was ¥10.28 billion, compared to ¥30.17 billion in the same period last year[23] - The company reported a net cash flow from investment activities of ¥2.86 billion, an increase from ¥1.58 billion year-over-year[23] - The cash inflow from other financing activities was ¥39.17 million, down from ¥150.91 million in the previous year[23] - The impact of exchange rate changes on cash and cash equivalents was -¥23.78 million, contrasting with a positive impact of ¥43.27 million in the previous period[23] Operational Highlights - In the first three quarters of 2024, the company completed a new construction area of approximately 709,000 square meters and a total signed area of approximately 3,593,225 square meters, generating a signed amount of approximately 52.81 billion RMB[11] - The company reported a total of 6,435,822 square meters of completed area and a sales amount of approximately 52.81 billion RMB across various regions, with the North region contributing 1,443.36 million RMB in sales[12] - The company experienced a decrease in gross margin due to project transfer scale and lower profitability[7] Non-Operating Income and Expenses - Non-operating income and expenses for the period resulted in a total loss of -¥86,959,555.25, with year-to-date losses amounting to -¥753,328,170.36[6] - Investment income for the third quarter of 2024 showed a loss of -1,300,058,965.96 RMB, compared to a gain of 440,616,116.50 RMB in the same period last year[20] - The company reported an asset impairment loss of -2,362,235,171.76 RMB in the third quarter of 2024, compared to -865,301,303.79 RMB in the previous year[20] - The company recorded a credit impairment loss of -991,802,378.22 RMB in the third quarter of 2024, compared to -592,289,373.19 RMB in the previous year[20] Strategic Focus - The company is focusing on improving its financial health and exploring new strategies for market expansion and product development[3] - The company has adopted new accounting standards starting from 2024, which may affect the financial statements[23]