金科股份(000656) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥5,519,143,690.34, a decrease of 67.51% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥1,531,441,843.24, representing a decline of 271.54% year-on-year[2]. - The total revenue for the third quarter was approximately 4.23 billion yuan, a significant decrease from 11.30 billion yuan in the same period last year, representing a decline of about 62.5%[22]. - The net profit for the third quarter was -5.51 billion yuan, compared to -1.29 billion yuan in the previous year, indicating a worsening loss of approximately 326.5%[20]. - The operating profit for the quarter was -4.39 billion yuan, a decline from a profit of 246.58 million yuan in the same period last year[20]. - The total comprehensive income for the quarter was -5.56 billion yuan, compared to -1.30 billion yuan in the same period last year, reflecting a significant increase in losses[20]. - The company reported a diluted earnings per share of -1.01 yuan, compared to -0.44 yuan in the previous year[21]. Cash Flow and Assets - The net cash flow from operating activities was -¥661,770,342.18, showing a 60.31% decrease compared to the previous year-to-date[2]. - The cash flow from operating activities showed a net outflow of -661.77 million yuan, improving from -1.67 billion yuan year-over-year[22]. - The cash and cash equivalents at the end of the period were 1.65 billion yuan, down from 6.45 billion yuan at the end of the same quarter last year, a decrease of approximately 74.5%[23]. - Cash and cash equivalents decreased to CNY 3,504,382,410.83 from CNY 7,037,525,791.13[17]. - Current assets totaled CNY 159,290,730,842.40, down from CNY 182,232,361,198.02 at the beginning of the period[17]. - The total assets at the end of the reporting period were ¥200,138,392,730.87, down 10.74% from the end of the previous year[2]. - The company's total assets decreased to CNY 200,138,392,730.87 from CNY 224,219,423,728.11[18]. Liabilities and Equity - The company's equity attributable to shareholders was -¥1,882,848,362.65, a decrease of 153.67% compared to the previous year-end[2]. - The company's total liabilities decreased to CNY 186,279,884,670.72 from CNY 203,591,337,274.01[18]. - The net loss attributable to the parent company is CNY -1,882,848,362.65, compared to a profit of CNY 3,508,436,211.76 in the previous period[18]. Operational Metrics - The company achieved a sales amount of approximately 10.4 billion RMB during the reporting period, with an additional 420 million RMB from entrusted projects, resulting in total sales receipts of 10.81 billion RMB[11]. - As of the end of the reporting period, the total area delivered by the company reached 7.1 million square meters, with a total of 43,771 units delivered, completing 175 batches across 123 projects[10]. - Cumulative deliveries since the "guarantee delivery" initiative began in 2022 have exceeded 271,000 units, with a total delivery area of approximately 41.36 million square meters[10]. Restructuring Process - The company has entered a restructuring process, with the court accepting the restructuring application on April 22, 2024, and has received formal registration materials from 12 potential restructuring investors[12][13]. - The deadline for submitting restructuring investment proposals has been extended to November 8, 2024, to allow investors more time for due diligence and internal decision-making[14]. Expenses - The company reported a significant increase in financial expenses by 40.74% to ¥3,025,367,280.98 due to increased overdue interest[6]. - Non-operating expenses increased by 33.66% to ¥1,402,821,367.07, mainly due to increased penalties and late fees[6]. - The company recorded a loss from non-current asset disposal of ¥284,668,484.92, primarily from the disposal of long-term equity investments[3]. - The company experienced a 36.55% decrease in contract liabilities, amounting to ¥28,698,580,322.12, primarily due to revenue recognition[6]. Inventory and Receivables - Accounts receivable decreased to CNY 715,548,682.37 from CNY 836,862,485.04[17]. - Inventory decreased to CNY 109,975,703,778.31 from CNY 127,775,653,199.59[17]. - Deferred income tax assets increased to CNY 4,680,907,819.97 from CNY 4,141,723,740.34[17].