荣安地产(000517) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2024 reached ¥3,282,056,700.28, an increase of 9.76% year-on-year, while total revenue for the year-to-date was ¥17,166,218,004.93, up 26.94% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was -¥145,978,306.30, a decrease of 186.05% year-on-year, and year-to-date net profit was ¥318,054,859.56, down 68.86% compared to the same period last year[2] - Net profit for Q3 2024 was CNY 250,786,266.94, a significant decrease of 75.5% compared to CNY 1,022,445,970.14 in Q3 2023[16] - The total comprehensive income attributable to the parent company for Q3 2024 is CNY 318,054,859.56, a decrease from CNY 1,021,512,818.10 in the same period last year[17] - Basic and diluted earnings per share for Q3 2024 are both CNY 0.0999, down from CNY 0.3208 in Q3 2023[17] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥28,886,482,187.22, a decrease of 40.22% from the end of the previous year[3] - Total liabilities decreased to CNY 20,254,540,222.02 from CNY 38,657,838,747.77, a reduction of 47.5%[14] - The company's cash and cash equivalents decreased to CNY 1,975,200,753.42 from CNY 2,890,283,347.33, a decline of 31.6%[13] - Long-term equity investments decreased to CNY 826,400,060.64 from CNY 1,359,694,337.92, a drop of 39.1%[13] - The company’s total equity attributable to shareholders decreased to CNY 7,867,108,728.18 from CNY 8,567,965,906.11, a decline of 8.2%[14] Cash Flow - Cash flow from operating activities for the year-to-date was ¥1,308,893,160.77, a decline of 46.84% compared to the same period last year[2] - Net cash flow from operating activities dropped by 46.84% to CNY 1,308,893,160.77, primarily due to a decrease in pre-sale projects[7] - Cash inflow from operating activities for Q3 2024 is CNY 5,651,695,966.30, compared to CNY 8,447,681,123.73 in Q3 2023, reflecting a decline of approximately 33.4%[18] - Cash outflow from financing activities for Q3 2024 is CNY 5,470,460,165.32, significantly lower than CNY 9,202,413,620.86 in Q3 2023[19] - The net cash flow from financing activities for Q3 2024 is -CNY 3,108,314,139.88, an improvement from -CNY 6,032,733,615.38 in the same period last year[19] Inventory and Expenses - The company reported a significant decrease in inventory, which stood at ¥21,851,855,850.33, down 41.55% year-on-year due to project deliveries[6] - Research and development expenses for the year-to-date were ¥9,139,496.55, a decrease of 54.94% compared to the previous year, indicating a reduction in ongoing projects[6] - Total operating costs amounted to CNY 16,726,838,547.42, up from CNY 12,807,418,578.46, reflecting a year-over-year increase of 30.5%[15] - Research and development expenses for Q3 2024 were CNY 9,139,496.55, down from CNY 20,284,051.22, a reduction of 55.1%[15] Shareholder Information - The largest shareholder, Rong'an Group, holds 47.93% of shares, with a total of 1,525,939,995 shares, of which 725,150,000 are pledged[8] Other Financial Metrics - The company reported a net loss from non-recurring items of ¥20,816,323.39 for the quarter, contrasting with a gain of ¥10,880.64 from bank short-term investment income[4] - Investment income decreased by 99.32% to CNY 2,656,642.89 due to reduced long-term equity investment income[7] - Fair value changes resulted in a loss of CNY 6,072,597.51, a decline of 110.34% compared to the previous period[7] - The company reported a significant increase in asset disposal gains by 681.39% to CNY 249,467.26 due to increased fixed asset disposals[7] Audit Status - The company has not undergone an audit for the Q3 2024 report[20]