卧龙地产(600173) - 2016 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 13.97% to CNY 60,607,531.25 for the year-to-date period[6] - Basic earnings per share rose by 15.07% to CNY 0.084[7] - The net profit after deducting non-recurring gains and losses increased by 19.54% to CNY 60,054,090.11 year-to-date[6] - Net profit for Q3 2016 was ¥11,613,389.84, an increase of 82.5% from ¥6,384,114.18 in Q3 2015[31] - The company’s total comprehensive income for the first nine months of 2016 was ¥60,890,208.75, compared to ¥53,344,290.21 in the same period last year[31] Revenue and Costs - Revenue for the year-to-date period decreased by 5.59% to CNY 875,114,354.53 compared to the same period last year[6] - Total revenue for Q3 2016 was ¥151,297,559.62, a decrease of 40.7% compared to ¥255,718,955.42 in Q3 2015[29] - Total operating costs for Q3 2016 were ¥134,962,971.70, down 45.0% from ¥245,473,600.50 in Q3 2015[30] - The company reported a total of ¥875,114,354.53 in revenue for the first nine months of 2016, down from ¥926,946,466.67 in the same period last year[29] Assets and Liabilities - Total assets decreased by 5.46% to CNY 4,161,376,994.57 compared to the end of the previous year[6] - The total liabilities decreased from CNY 2,770,655,884.99 to CNY 2,505,697,137.93, a reduction of about 9.6%[23] - The company's total equity increased slightly from CNY 1,631,113,659.08 to CNY 1,655,679,856.64, reflecting an increase of approximately 1.5%[23] - Total liabilities for Q3 2016 were ¥1,265,888,468.43, an increase of 28.8% compared to ¥983,047,467.61 in Q3 2015[26] Cash Flow - Operating cash flow increased significantly by 208.54% to CNY 867,776,743.30 year-to-date[6] - Cash flow from operating activities for the first nine months of 2016 was ¥867,776,743.30, significantly up from ¥281,249,318.81 in the previous year[35] - Net cash flow from operating activities was -$71.19 million, compared to a positive $44.30 million last year[39] - The ending balance of cash and cash equivalents was $20.11 million, significantly lower than $103.81 million at the end of the previous year[39] Shareholder Information - The total number of shareholders reached 30,238[10] - The largest shareholder, Zhejiang Wolong Real Estate Investment Co., Ltd., holds 43.32% of the shares, with 314,104,357 shares pledged[11] - As of September 30, 2016, the company had pledged 178,000,000 shares, accounting for 24.55% of the total share capital[16] Operational Highlights - The signed sales area for real estate projects decreased by 9.84% to 53,770.8 square meters, while the signed sales amount increased by 19.06% to ¥482,446,500[13] - The rental income from the Qingyuan B District shops was ¥309,800 with a 100% occupancy rate[14] - The company had no new land area added in Q3 2016, but the construction area increased by 84.29% to 64,500 square meters[13] Management and Strategy - The company is actively progressing with a major asset restructuring plan, with all necessary audits and evaluations underway[16] - The company has committed to avoiding competition with its subsidiaries and ensuring the protection of shareholder rights[17] - The company has committed to avoiding ongoing related party transactions and ensuring fair pricing in unavoidable transactions with Wolong Real Estate[18]