GDMZH(SH:600382)2018-10-26 16:00Financial Performance - Operating revenue for the first nine months reached CNY 492,832,341.68, a 24.18% increase year-on-year[6] - Net profit attributable to shareholders was CNY 291,245,351.55, reflecting a 19.10% increase compared to the same period last year[6] - Basic earnings per share rose by 19.23% to CNY 0.62[6] - Total revenue for the period reached CNY 174,040,342.66, an increase from CNY 126,264,240.61 in the same period last year, representing a growth of approximately 38%[81] - The net profit for the year-to-date period was CNY 2,735,844,914.30, compared to CNY 2,467,208,428.72 at the beginning of the year, reflecting an increase of approximately 11%[75] - The company's total profit for Q3 2018 was CNY 151,785,230.47, compared to CNY 57,164,845.79 in Q3 2017, indicating a significant increase[86] - The basic and diluted earnings per share for Q3 2018 were both CNY 0.23, compared to CNY 0.17 in Q3 2017, reflecting a growth of 35.3%[84] Cash Flow - Cash flow from operating activities improved significantly, with a net amount of CNY 6,392,904.53, compared to a negative cash flow of CNY -867,122,550.32 in the previous year[6] - Cash inflow from operating activities was ¥542,885,815.89, a significant increase from ¥232,552,655.02 year-on-year[90] - Cash flow from investing activities decreased by 99.24%, totaling CNY 3,155,493.90, due to reduced cash management recoveries[19] - Cash inflow from investment activities totaled ¥1,557,663,823.53, down from ¥2,319,261,662.59 year-on-year[92] - Cash flow from financing activities decreased by 126.17%, resulting in a net outflow of CNY 126,127,278.24, as borrowing from financial institutions decreased[19] - Net cash flow from financing activities was -¥126,127,278.24, a decline from ¥481,899,478.88 year-on-year[94] Assets and Liabilities - Total assets increased by 2.31% to CNY 6,832,311,887.34 compared to the end of the previous year[6] - The company's total assets as of September 30, 2018, were CNY 6,832,311,887.34, compared to CNY 6,677,762,230.17 at the beginning of the year, showing a growth of about 2.3%[75] - The total liabilities decreased to CNY 1,077,107,759.54 from CNY 1,216,221,483.27, indicating a reduction of approximately 11.5%[75] - The company's non-current assets increased from RMB 2,055,573,565.42 to RMB 3,226,032,062.44, indicating significant investment growth[71] Shareholder Information - The number of shareholders reached 24,867, with the top ten shareholders holding a combined 62.03% of shares[10] - The company’s actual controller, Zhang Wei Biao, continues to hold significant influence over the company’s operations and decisions[44] Investments and Projects - The company has invested approximately CNY 326,176.57 million in the land development project, with CNY 159,662.65 million allocated for land acquisition and CNY 166,513.92 million for construction costs[24] - The company has received CNY 518,538,577.77 in investment compensation related to land development activities as of September 30, 2018[24] - The company has invested ¥5.9 billion in the "Honggui Garden" real estate development project, with a total construction area of approximately 586,600 square meters[31] - The company has committed to invest up to ¥5.6 billion in the "Classic City" real estate development project, with a total construction area of approximately 303,634 square meters[32] - The company has approved an increase in investment for the "Yijing Garden" project to a total of ¥600 million[36] Financial Assistance and Subsidiaries - As of July 31, 2018, Guangzhou Valve Company received a total financial return of RMB 69,547,595 from its financial assistance to the health company, with no overdue payments[52] - The company approved a financial assistance extension for Guangzhou Valve and Mingzhu Land to the health company, with amounts not exceeding RMB 100 million each, extending the terms until April 30, 2019, and June 21, 2019, respectively[54] - The company agreed to subscribe for 30 million new shares of Guangdong Xingning Rural Commercial Bank, requiring an investment of RMB 66 million, with RMB 18 million allocated for purchasing non-performing assets[58] Revenue Recognition - The company recognized revenue of ¥71,541,291.00 from the land transfer of plot GP2017-29, with a total income of ¥101,492,531.00 after deducting related funds and taxes of ¥29,951,240.00[27] - The company reported a tax expense of CNY 10,618,519.32 for Q3 2018, down from CNY 13,348,766.66 in Q3 2017, suggesting effective tax management[86]