SID(SH:600748)2018-10-30 16:00Financial Performance - Operating revenue for the first nine months reached CNY 4.73 billion, an increase of 23.27% year-on-year[5] - Net profit attributable to shareholders was CNY 259.68 million, down 22.77% compared to the same period last year[5] - The net cash flow from operating activities was CNY 297.77 million, a significant improvement of 125.69% year-on-year[5] - Basic earnings per share decreased to CNY 0.16, a decline of 15.79% compared to the previous year[6] - Non-operating income for the first nine months totaled CNY 26.78 million[6] - Total operating revenue for Q3 2018 was ¥959,961,001.56, a decrease of 32.9% compared to ¥1,431,450,756.95 in Q3 2017[22] - Net profit attributable to shareholders for the first nine months of 2018 was ¥4,728,751,157.12, an increase of 23.3% from ¥3,836,104,658.20 in the same period last year[22] - The net profit for Q3 2018 was CNY 10,950,345.34, compared to CNY 124,179,666.52 in the same period last year, indicating a significant decrease[24] - The total profit for Q3 2018 was CNY 23,120,244.77, down from CNY 151,439,113.23 in Q3 2017, reflecting a decline of 84.7%[24] - The company's operating profit for the first nine months of 2018 was CNY 173,690,213.97, compared to CNY 114,623,509.17 in the same period last year, showing an increase of 51.5%[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 38.72 billion, a decrease of 1.23% compared to the end of the previous year[5] - The company's total assets as of September 30, 2018, were approximately 38.72 billion RMB, a slight decrease from the beginning of the year[15] - Total assets as of September 30, 2018, were ¥23,272,505,593.73, a decrease from ¥26,782,694,611.33 at the beginning of the year[19] - Total liabilities as of September 30, 2018, were ¥15,036,272,151.95, down from ¥18,636,233,038.92 at the beginning of the year[19] - The company’s cash and cash equivalents decreased to approximately 7.03 billion RMB from 9.41 billion RMB at the beginning of the year[14] - Cash and cash equivalents decreased to ¥434,356,966.43 from ¥4,645,074,461.39 at the beginning of the year[17] - The company reported a decrease in total non-current liabilities to ¥9,371,720,509.69 from ¥10,399,494,183.48[16] - The equity attributable to shareholders increased to ¥10,105,662,221.43 from ¥9,994,819,680.73[16] Shareholder Information - The total number of shareholders at the end of the reporting period was 38,342[7] - The largest shareholder, Shanghai Real Estate Development Co., Ltd., held 48.60% of the shares[7] Cash Flow - Cash inflow from operating activities for the period reached ¥6,641,338,272.44, an increase of 5.63% compared to ¥6,287,705,430.67 in the same period last year[28] - Net cash outflow from operating activities was ¥297,772,660.43, a significant improvement from a net outflow of ¥1,159,278,231.35 in the previous year[29] - Cash inflow from investment activities totaled ¥1,373,206,416.74, compared to only ¥88,125.50 in the same period last year[29] - Net cash outflow from investment activities was ¥1,364,716,984.23, worsening from a net outflow of ¥982,136,055.31 in the previous year[29] - Cash inflow from financing activities amounted to ¥3,754,498,640.02, up from ¥3,064,000,000.00 in the same period last year[30] - Net cash outflow from financing activities was ¥1,195,818,466.84, compared to a net outflow of ¥1,025,838,585.95 in the previous year[30] - The ending cash and cash equivalents balance was ¥6,754,164,393.95, down from ¥6,880,925,416.57 in the same period last year[30] - Total cash and cash equivalents decreased by ¥2,260,795,564.64, compared to a decrease of ¥3,174,219,027.53 in the previous year[30] - The company reported a net cash flow from operating activities of ¥34,544,806.94, down from ¥65,600,600.56 in the same period last year[31] - Cash inflow from investment activities was ¥926,834,804.55, significantly higher than ¥2,150.00 in the previous year[32] Government Support and Investments - The company received government subsidies amounting to CNY 27.10 million during the reporting period[6] - The company recorded an investment income improvement of 85.20%, with losses reduced to approximately 4.88 million RMB compared to the previous year[9] - The company acquired a 3.58% stake in Shaoxing Shangtou Real Estate Development Co., thereby holding 100% ownership through its wholly-owned subsidiary[9] Construction and Development - The company achieved a cumulative contract sales amount of approximately 4.157 billion RMB and a contract sales area of about 235,800 square meters from January to September 2018[10] - In Q3 2018, the company commenced new construction covering approximately 127,000 square meters and completed construction of about 162,600 square meters, with no new land reserves added[10]