SID(SH:600748)2014-10-27 16:00Financial Performance - Operating revenue for the first nine months dropped by 69.94% to CNY 869,694,354.42, attributed to reduced real estate sales revenue[15] - Net profit attributable to shareholders increased by 82.65% to CNY 731,088,808.72 for the first nine months[9] - Basic earnings per share rose by 81.08% to CNY 0.67[10] - Total operating revenue for the third quarter was CNY 290,933,802.75, a decrease from CNY 709,187,446.79 in the same period last year[35] - Net profit for the quarter was CNY 51,001,009.64, compared to CNY 159,424,507.42 in the previous year[36] - Earnings per share (EPS) for the quarter was CNY 0.04, down from CNY 0.10 in the same quarter last year[36] - The total profit for the first nine months was CNY 1,219,454,578.23, down from CNY 32,804,295.97 in the previous year[39] Cash Flow - Cash flow from operating activities showed a significant decline of 403.77%, resulting in a net outflow of CNY 2,610,739,490.97[9] - Cash inflow from operating activities totaled CNY 281.38 million, a decrease of 71.7% compared to CNY 994.89 million in the same period last year[47] - Cash outflow from operating activities was CNY 110.05 million, an increase of 32.3% from CNY 83.23 million in the previous year[47] - Net cash flow from operating activities decreased to CNY 171.32 million, down 81.2% from CNY 911.66 million year-over-year[47] - The company reported a significant decrease in cash inflow from operating activities, totaling CNY 1,886,837,757.89, down from CNY 3,437,694,078.66 in the previous year[42] - Cash and cash equivalents at the end of the period amounted to CNY 4,142,446,666.83, down from CNY 5,716,442,711.35 at the end of the previous year[43] Assets and Liabilities - Total assets decreased by 4.69% to CNY 19,593,017,985.83 compared to the end of the previous year[9] - Total assets decreased from RMB 20,557.05 million at the beginning of the year to RMB 19,593.02 million[28] - Total liabilities decreased from RMB 13,434.34 million at the beginning of the year to RMB 12,672.15 million[28] - The company’s equity attributable to shareholders increased from RMB 4,966.81 million at the beginning of the year to RMB 5,255.99 million[28] - The company’s long-term borrowings increased from RMB 2,867.00 million at the beginning of the year to RMB 4,631.50 million[28] - Total current liabilities decreased from RMB 10,561.56 million at the beginning of the year to RMB 8,034.87 million[28] Investment Activities - Investment income surged by 1,165.50% to CNY 663,126,473.43 due to the transfer of 51% equity in Shanghai Fengqi Real Estate Co., Ltd.[15] - The company agreed to acquire a 23.52% stake in Shanshi Development (Qingdao) Investment and Development Co., Ltd. for RMB 1,108 million[17] - The company’s subsidiary acquired a 49.60% stake in Chengdu Shanshi Real Estate Co., Ltd. for RMB 721.20 million[17] - The company received CNY 688.73 million in investment income, a substantial increase from CNY 109.12 million in the previous year[47] - Cash inflow from investing activities reached CNY 1.57 billion, a significant increase from CNY 207.88 million in the same period last year[48] - Net cash flow from investing activities was CNY 542.59 million, up from CNY 205.33 million year-over-year[48] Future Outlook - The company expects a cumulative net profit growth of over 100% compared to the same period last year, mainly due to the transfer gain from a 51% stake in Shanghai Fengqi Real Estate Co., Ltd.[20] - The company plans to focus on market expansion and new product development in the upcoming quarters[36] - The company's management indicated a focus on improving operational efficiency and exploring new market opportunities moving forward[40] Shareholder Information - The number of shareholders reached 55,646 by the end of the reporting period[13]