BUCID(SH:600266)2017-10-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 29.58% to CNY 482.21 million for the first nine months[7] - Operating revenue for the first nine months rose by 6.85% to CNY 7.08 billion compared to the same period last year[7] - Total operating revenue for Q3 2017 was ¥3,158,550,840.24, a decrease of 12.8% compared to ¥3,623,755,853.15 in Q3 2016[24] - Net profit for Q3 2017 was ¥240,856,775.31, a decrease of 14.7% from ¥282,303,535.92 in Q3 2016[25] - Net profit for the first nine months of 2017 was ¥1,505,376,532.99, up 41.3% from ¥1,064,777,782.19 in the same period last year[28] - The company reported a total profit of ¥1,531,798,300.80 for the first nine months, representing a 42% increase from ¥1,079,874,449.97 in the previous year[28] Cash Flow - The net cash flow from operating activities showed a significant decline, dropping to -CNY 12.93 billion from CNY 1.11 billion in the previous year, a decrease of 1,268.62%[7] - The net cash flow from operating activities for the first nine months was -¥12,934,304,633.29, compared to a positive cash flow of ¥1,106,799,465.95 in the same period last year[32] - The company’s cash flow from operating activities showed a significant improvement, with a net cash inflow of ¥3,466,311.06 in Q3 2017 compared to a net outflow in the previous quarter[25] - Total cash inflow from operating activities for the first nine months was ¥16,773,331,875.62, compared to ¥14,975,743,304.98 in the previous year, indicating a growth of 12%[32] - The company reported a total cash outflow from operating activities of ¥29,707,636,508.91 for the first nine months, up from ¥13,868,943,839.03 in the same period last year[32] Assets and Liabilities - Total assets increased by 26.86% to CNY 96.49 billion compared to the end of the previous year[7] - Total liabilities reached CNY 76.15 billion, up from CNY 55.00 billion, reflecting a growth of 38.5%[18] - Current assets totaled CNY 85.23 billion, an increase of 32.7% from CNY 64.20 billion at the start of the year[16] - Long-term borrowings surged to CNY 26.97 billion, compared to CNY 10.25 billion at the beginning of the year, an increase of 162%[17] - The company reported a total equity of CNY 20.34 billion, down from CNY 21.06 billion, a decrease of approximately 3.4%[18] Construction and Sales - The company added 38,000 square meters of land reserves during the reporting period, down from 90,000 square meters in the same period last year[11] - The area of new construction started was 110,000 square meters, significantly lower than 350,000 square meters in the previous year[11] - Sales area decreased to 130,000 square meters, down from 230,000 square meters in the same period last year[11] - The sales revenue for the period was CNY 2.5 billion, compared to CNY 3.7 billion in the previous year[11] Market Strategy - The company plans to focus on market expansion and new product development in the upcoming quarters to drive future growth[24]