BEH-P(SH:600791)2024-10-29 10:22Financial Performance - The company's operating revenue for Q3 2024 reached ¥1,342,306,382.57, an increase of 470.34% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥42,031,583.13 for Q3 2024, with a year-to-date net profit of -¥102,040,471.34[2]. - The company reported a basic earnings per share of -¥0.09 for Q3 2024, compared to -¥0.23 year-to-date[2]. - The company's net profit attributable to shareholders decreased to -¥1,528,935.15 in Q3 2024, compared to a profit of ¥105,458,385.51 in Q3 2023[19]. - The company reported a total comprehensive income of -31,846,724.99 RMB for the third quarter, compared to -357,067,379.33 RMB in the previous year[22]. - The basic earnings per share for the third quarter was -0.23 RMB, an improvement from -0.52 RMB in the same period last year[22]. Cash Flow and Liquidity - The net cash flow from operating activities for Q3 2024 was ¥61,835,083.49, a decrease of 70.63% compared to the same period last year[2]. - The company experienced a significant decrease in cash flow due to reduced sales collections and increased cash outflows for new project developments[7]. - Cash and cash equivalents decreased to ¥2,509,985,530.74 as of September 30, 2024, down 45% from ¥4,589,692,824.11 at the end of 2023[14]. - The cash flow from operating activities showed a net outflow of -4,192,363,112.17 RMB, compared to a net inflow of 2,913,486,581.06 RMB in the same period last year[25]. - The company reported a significant decrease in cash received from sales and services, totaling 1,413,392,087.56 RMB, down from 4,606,216,044.61 RMB in the previous year[23]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥21,105,727,782.66, a slight decrease of 0.28% from the end of the previous year[3]. - Total liabilities increased to ¥18,645,242,522.49, compared to ¥17,823,800,043.01 at the end of 2023, indicating a rise in financial obligations[18]. - The equity attributable to shareholders decreased by 56.94% year-on-year, totaling ¥685,507,210.14 at the end of Q3 2024[3]. - Cash and cash equivalents at the end of the period were 2,482,097,876.44 RMB, down from 3,715,977,023.33 RMB at the end of the previous year[26]. Operating Costs and Expenses - Total operating costs for the first three quarters of 2024 were ¥2,899,625,972.12, up from ¥2,317,878,856.62 in 2023, reflecting a significant increase in operating expenses[20]. - The company incurred total operating expenses of 6,462,728,583.00 RMB, slightly down from 6,591,508,780.22 RMB in the previous year[25]. - The company reported a significant increase in financial expenses, totaling ¥165,322,142.56 in the first three quarters of 2024, compared to ¥80,952,258.40 in the same period of 2023[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,852, with the largest shareholder being Beijing Energy Group Co., Ltd., holding 45.26% of the shares[8]. - The company’s major shareholder, Beijing Energy Group, holds 204,983,645 shares, representing a significant portion of the total shares[9]. Project and Construction Activity - The company reported a total construction area of 687,100 square meters and an equity construction area of 575,600 square meters during the reporting period, with new construction area of 128,900 square meters[13]. - The company completed a total area of 101,200 square meters and an equity completion area of 52,500 square meters in the same period[13]. - The company added land reserves of 30,100 square meters during the reporting period[13]. - The total number of parking spaces sold by the company's subsidiaries was 149[13]. - The company’s subsidiary projects showed a year-on-year decline in signed area, with 京能·天下川 down by 53.85% and 京能·雍清丽苑 down by 35.44%[12]. - The company’s project 京能·西山印 reported a signed area decline of 89.13% year-on-year[12]. - The company’s project 京能·丽墅 experienced a significant decline in signed area by 115.56%[12]. - The company’s project 京能·海语城 showed a year-on-year increase in signed area by 6.06%[12]. - The company’s project 京能·云璟壹号 reported a year-on-year decrease in signed area by 39.29%[12].