2017-10-26 16:00Financial Performance - Operating revenue for the first nine months reached CNY 10.10 billion, a 39.12% increase year-on-year[8] - Net profit attributable to shareholders rose by 96.83% to CNY 835.38 million[8] - Basic earnings per share increased by 92.31% to CNY 0.25[8] - The company reported a net profit excluding non-recurring gains and losses of CNY 826.18 million, up 103.51% year-on-year[8] - The company's operating revenue for the first nine months of 2017 reached CNY 10,104,873,510, an increase of 39.12% compared to CNY 7,263,391,645 in the same period of 2016[18] - The net profit attributable to shareholders was CNY 835,381,620, up 96.83% from CNY 424,424,909 in the previous year[18] - Basic earnings per share increased to CNY 0.25, a 92.31% rise from CNY 0.13 in the same period last year[18] - Net profit for the first nine months of 2017 reached CNY 648,473,731, compared to CNY 180,642,012 in the same period last year, representing an increase of 259%[39] Assets and Liabilities - Total assets increased by 19.46% to CNY 76.86 billion compared to the end of the previous year[8] - The total assets as of September 30, 2017, amounted to CNY 76,862,102,104, compared to CNY 64,341,288,628 at the beginning of the year[23] - Total liabilities increased to CNY 33,823,626,975 from CNY 27,991,275,368, marking a rise of 21.0%[29] - Long-term borrowings increased by 39.69% to RMB 23.539 billion from RMB 16.852 billion[17] - The company's long-term borrowings increased to CNY 23,539,440,820, up from CNY 16,851,741,920 at the beginning of the year[23] Cash Flow - Cash flow from operating activities decreased by 90.46% to CNY 545.99 million[8] - The net cash flow from operating activities was CNY 545,990,100, significantly down from CNY 5,723,130,361 year-on-year[42] - Cash inflow from investment activities totaled CNY 1,893,565,435, compared to CNY 461,599,514 in the previous year, marking a substantial increase[43] - Cash outflow from investment activities was CNY 4,333,553,253, up from CNY 2,434,934,704, resulting in a net cash flow from investment activities of -CNY 2,439,987,818[43] - Cash inflow from financing activities reached CNY 13,729,069,808, an increase from CNY 11,829,129,794 year-on-year[43] - Net cash flow from financing activities was CNY 5,976,310,971, a significant rise compared to CNY 51,023,270 in the previous year[43] Shareholder Information - The total number of shareholders reached 165,282[10] - The largest shareholder, Beijing Beichen Group, holds 34.48% of shares, with 1.16 billion shares[10] - HKSCC NOMINEES LIMITED is the second-largest shareholder with 20.38% of shares, totaling 686.34 million shares[10] Construction and Sales - In the first nine months of 2017, the company achieved a new land reserve of 1,524,300 square meters, a year-on-year decrease of 24.98%[14] - The company reported a new construction area of 1,818,200 square meters, down 7.75% year-on-year, and a completion area of 485,400 square meters, down 44.98% year-on-year[14] - The signed sales area was 824,500 square meters with a signed amount of RMB 14.738 billion, representing a year-on-year decrease of 37.07% and 21.65% respectively[14] - The settlement area was 579,600 square meters with a settlement amount of RMB 7.986 billion, showing a year-on-year increase of 22.98% and 53.31% respectively[14] Investment and Financial Assets - The company reported a significant increase in investment income to CNY 5,589,466, compared to a loss of CNY 1,903,755 in the previous year, marking a 393.60% improvement[18] - The company’s financial assets measured at fair value amounted to RMB 600 million, attributed to the purchase of principal-protected short-term financial products[17] - The company reported a net investment loss of CNY 10,941,953 for Q3 2017, compared to a gain of CNY 996,228 in Q3 2016[31] Operating Costs - The operating cost increased to CNY 6,857,330,911, reflecting a rise of 44.56% from CNY 4,743,585,248, primarily due to increased expenses associated with property sales[18] - Total operating costs for Q3 2017 were CNY 1,906,583,815, down 31.8% from CNY 2,798,404,314 in Q3 2016[31] - Operating costs for Q3 2017 were CNY 423,261,398, down from CNY 695,662,323 in Q3 2016[38]