茂业商业(600828) - 2018 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 28.22% to CNY 740.71 million for the first nine months of the year[7]. - Basic earnings per share rose by 28.25% to CNY 0.4277[8]. - The company reported a net profit of CNY 715.69 million for the third quarter, reflecting a 29.80% increase year-on-year[8]. - The company's net profit increased by 37.74% year-on-year, reaching approximately CNY 1.53 billion[15]. - The company’s minority shareholders' profit increased by 47.45% to CNY 59.88 million, reflecting the overall profit growth of the company[16]. - The company reported a total comprehensive income of CNY 277,113,684.29 for Q3 2018, compared to CNY 195,961,303.54 in Q3 2017, an increase of 41.3%[33]. Revenue and Costs - Revenue for the first nine months was CNY 8.57 billion, a slight increase of 0.58% compared to the same period last year[7]. - Total operating revenue for Q3 2018 was CNY 2,505,848,307.26, a decrease of 1.6% compared to CNY 2,546,084,409.52 in Q3 2017[31]. - Total operating costs for Q3 2018 were CNY 2,210,910,961.53, down 3.0% from CNY 2,278,417,104.55 in Q3 2017[32]. - Sales expenses for the first nine months of 2018 reached 6,978,010.95 RMB, a 119.4% increase compared to 3,179,986.08 RMB in the same period last year[34]. - Management expenses for the first nine months of 2018 were 29,474,376.04 RMB, significantly higher than 9,513,440.97 RMB in the previous year[34]. Assets and Liabilities - Total assets increased by 3.52% to CNY 18.68 billion compared to the end of the previous year[7]. - The company’s total equity attributable to shareholders increased by 2.71% to CNY 5.44 billion compared to the end of the previous year[7]. - Total liabilities due within one year increased by 84.68% to CNY 1.15 billion, reflecting a rise in long-term borrowings[15]. - Total liabilities increased to ¥12.25 billion from ¥11.82 billion, reflecting a rise of approximately 3.6%[25]. - Total equity decreased to CNY 3,756,582,250.50 from CNY 4,258,720,338.90, a decline of 11.8% year-over-year[28]. Cash Flow - Operating cash flow increased by 45.16% to CNY 1.25 billion, primarily due to the opening of the Maoye Haoyuan project and advance payments for housing[8]. - Cash flow from operating activities rose by 45.16% to CNY 1.25 billion, driven by the launch of the Maoye Haoyuan project and advance payments for housing[16]. - The company achieved a total cash inflow from operating activities of 10,253,162,908.89 RMB, slightly up from 10,018,951,300.33 RMB in the previous year[38]. - The net cash flow from operating activities was 985,975,428.50 RMB, compared to 393,720,354.83 RMB in the previous year, reflecting an increase of about 150.2%[41]. - The net cash flow from financing activities was 80,502,352.08 RMB, compared to a negative cash flow of -366,409,997.23 RMB in the previous year[39]. Investments and Acquisitions - The company acquired approximately 38% of Shenzhen Youyigou Financial Assets Co., Ltd., leading to a 34.22% increase in available-for-sale financial assets to ¥1,174,561,379.60[14]. - The company terminated the acquisition of Qinhuangdao Maoye due to the need for further clarification of related transactions[19]. Shareholder Information - The total number of shareholders is 22,830[13]. - The largest shareholder, Shenzhen Maoye Department Store Co., Ltd., holds 1,406,857,724 shares, accounting for 81.23% of total shares[13]. - The number of shares held by the top ten unrestricted shareholders includes 388,226,763 shares held by Shenzhen Maoye Department Store Co., Ltd.[13]. Future Outlook - The company has not disclosed specific future outlook or guidance in this report[5]. - The company plans to repurchase shares worth between CNY 80 million and CNY 360 million over the next six months, reflecting confidence in future growth[18].