BEH-P(SH:600791)2017-10-27 16:00Financial Performance - Net profit attributable to shareholders increased by 125.94% to CNY 61,935,590.55 for the first nine months of the year[6]. - Basic earnings per share rose by 133.33% to CNY 0.14[8]. - Net profit rose by 106.96% to ¥93,515,946.89, resulting from an increase in total profit and a decrease in income tax expenses[16]. - The company reported an operating profit of CNY 94,015,744.12 for the third quarter, a significant improvement from a loss of CNY 15,593,810.64 in the same quarter last year[32]. - The total profit for the first nine months was CNY 13,459,135.46, down 93.4% from CNY 202,305,364.53 in the same period last year[38]. - The company reported a significant increase in investment income, with CNY 43,345,053.84 for the first nine months compared to CNY 281,529,150.94 in the previous year[37]. Cash Flow - Operating cash flow improved significantly, with a net cash flow from operating activities of CNY 694,137,331.89, a 344.08% increase compared to the same period last year[6]. - Cash flow from operating activities improved by 344.08% to ¥694,137,331.89, primarily due to an increase in pre-sale payments[16]. - The net cash flow from operating activities was CNY 694,137,331.89, a turnaround from a negative cash flow of CNY -284,394,582.36 in the previous year[41]. - Total cash inflow from investment activities was CNY 260,420,013.89, while cash outflow was CNY 230,000,000.00, resulting in a net cash inflow of CNY 30,420,013.89[45]. - Cash flow from financing activities showed a net outflow of CNY 185,666,830.23, compared to a net inflow of CNY 163,778,959.42 in the previous year[46]. Assets and Liabilities - Total assets increased by 10.36% to CNY 5,629,085,519.16 compared to the end of the previous year[6]. - Total liabilities rose to ¥3,516,509,955.49 from ¥3,074,967,428.42, indicating an increase in the company's obligations[22]. - Total assets decreased from CNY 2,808,547,973.20 at the beginning of the year to CNY 2,648,454,786.87 by the end of the period, a decline of approximately 5.7%[27]. - Total liabilities decreased from CNY 1,740,632,224.32 to CNY 1,573,873,102.53, representing a reduction of about 9.6%[26]. - The company repaid short-term loans, resulting in a 100% decrease in short-term borrowings to ¥0[15]. Shareholder Information - The total number of shareholders reached 36,232 by the end of the reporting period[10]. - The company’s major shareholder, Beijing Energy Group, holds 45.26% of the shares[10]. Real Estate Projects - The company has ongoing real estate projects with a total signed area of 3.97 million square meters, reflecting a year-on-year increase of 845.24%[13]. - The total signed amount for real estate projects reached CNY 5.74 billion, a significant increase of 2025.93% year-on-year[13]. Receivables and Payables - Accounts receivable decreased by 42.18% to ¥345,424.70 due to the recovery of some sales payments[15]. - Other receivables increased by 80.18% to ¥28,827,080.36, mainly due to the addition of a ¥10 million contract performance guarantee[15]. - Other current assets rose by 230.91% to ¥44,191,356.28, attributed to an increase in advance payments for land appreciation tax and value-added tax[15]. - Prepayments increased by 152.91% to ¥1,182,371,371.35, driven by pre-sale payments for projects in Tianjin and Yinchuan[15]. - Tax payable surged by 184.18% to ¥162,959,369.68, reflecting increased value-added tax and land appreciation tax due to higher pre-sale payments[15]. Market Strategy - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the report[33].