SMC(SH:600823)2015-10-29 16:00Financial Performance - Operating revenue for the first nine months reached CNY 10,603,242,784.09, a 27.06% increase year-on-year[9] - Net profit attributable to shareholders increased by 22.38% to CNY 942,911,566.05 for the first nine months[9] - Basic earnings per share rose by 22.73% to CNY 0.54[9] - Net profit for the same period reached RMB 1.40 billion, an increase of 19.62% year-on-year[16] - The net profit attributable to the parent company was RMB 943 million, up 22.38% compared to the previous year[16] - Total revenue for the first nine months of 2015 reached ¥10,603,242,784.09, an increase of 27.0% compared to ¥8,345,386,583.94 in the same period last year[30] - Net profit for the first nine months of 2015 was ¥1,402,558,939.51, representing a 19.6% increase from ¥1,172,514,197.83 in the previous year[33] Cash Flow - Net cash flow from operating activities improved by 74.1%, reducing losses to CNY -752,556,323.05 from CNY -2,905,764,998.52 in the same period last year[9] - Cash flow from operating activities improved significantly, with a net cash outflow of RMB 752 million, a 74.1% increase compared to the previous year[18] - The net cash flow from operating activities for the first nine months of 2015 was -4,531,025,765.75 RMB, compared to -1,939,838,320.11 RMB in the same period last year[41] - The net cash flow from financing activities was 4,090,268,251.82 RMB, an increase from 1,367,065,854.85 RMB in the previous year[41] Assets and Liabilities - Total assets increased by 10.48% to CNY 65,070,660,610.62 compared to the end of the previous year[8] - Total assets increased to CNY 65.07 billion, up from CNY 58.90 billion year-over-year, representing an increase of approximately 10.8%[25] - Total liabilities reached CNY 43.54 billion, an increase from CNY 38.87 billion, marking a rise of around 12.5%[26] - Current assets totaled CNY 40.32 billion, compared to CNY 34.32 billion in the previous year, reflecting a growth of about 17.5%[25] - Long-term borrowings increased to CNY 6.15 billion, up from CNY 4.14 billion, representing a growth of approximately 48.5%[26] - The company’s inventory increased to RMB 25.89 billion, accounting for 39.79% of total assets, primarily due to land reserves and project development[18] Shareholder Information - The number of shareholders reached 42,021, with the largest shareholder holding 47.50% of the shares[13] - The company has a significant portion of shares pledged, with the largest shareholder having 379,670,000 shares under pledge[13] Government Support and Strategic Initiatives - The company received government subsidies amounting to CNY 8,474,656.57, closely related to its normal business operations[10] - The company plans to issue non-public shares, which has been conditionally approved by the China Securities Regulatory Commission[20] - A strategic cooperation with Wanda Cinemas was approved, involving asset sales and share subscriptions, pending final regulatory approval[20] Operational Metrics - The total contract signing amount reached RMB 12.28 billion, with a year-on-year growth of 7%[16] - The contract signing area was 993,000 square meters, reflecting a year-on-year increase of 21.2%[16] - The average signing price was RMB 12,400 per square meter, achieving 70% of the annual sales target[17] Other Financial Metrics - The company reported a decrease in non-operating losses, with a total of CNY 115,964,165.23 for the first nine months[12] - The weighted average return on net assets increased by 0.43 percentage points to 5.70%[9] - The company reported a significant increase in other receivables, which rose to CNY 20.74 billion from CNY 15.75 billion, a growth of approximately 31.7%[28] - The company’s tax payable increased by 23.53% to ¥1,770,526,967.76 from ¥1,433,284,031.75, reflecting higher tax obligations[24]