深振业A(000006) - 2015 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥282,841,192.01, representing a year-on-year increase of 78.60%[7] - Net profit attributable to shareholders was ¥18,741,578.83, a decrease of 90.16% compared to the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥18,589,340.63, an increase of 1,741.16% year-on-year[7] - Basic earnings per share for the reporting period was ¥0.0139, down 90.15% from the previous year[7] - For the first nine months of 2015, operating revenue reached CNY 2,305,455,591.85, a 254.76% increase year-on-year, while operating costs were CNY 1,482,966,023.36, up 290.97% year-on-year, attributed to an increase in the area transferred during the period[15] - Financial expenses for the first nine months of 2015 amounted to CNY 171,371,053.86, a rise of 144.60% compared to the same period last year, mainly due to a decrease in the capitalization ratio of bond issuance and borrowing costs[16] - The income tax expense for the first nine months of 2015 was CNY 98,514,995.32, reflecting a 30.22% increase year-on-year, primarily due to an increase in total profit for the period[16] Assets and Liabilities - Total assets at the end of the reporting period reached ¥12,386,933,104.17, an increase of 5.39% compared to the previous year[7] - Prepayments decreased by 83.23% to ¥206,874,717.76 due to the delivery of a land parcel in Guangzhou[14] - Other receivables increased by 109.57% to ¥101,082,599.58, mainly due to increased deposits and guarantee funds[14] - As of September 30, 2015, accounts payable interest amounted to CNY 47,892,177.31, an increase of 68.89% compared to the beginning of the year, primarily due to accrued interest on corporate bonds and short-term loans[15] - As of September 30, 2015, bonds payable totaled CNY 1,495,570,987.60, reflecting a 100% increase from the beginning of the year, mainly due to the issuance of corporate bonds during the period[15] - The asset impairment loss for the first nine months of 2015 was CNY 3,560,415.22, an increase of 57.70% year-on-year, due to the provision for bad debts during the period[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 82,506[10] - The largest shareholder, Shenzhen Municipal Government State-owned Assets Supervision and Administration Commission, holds 21.93% of the shares[10] Operational Management - The company is currently focusing on its operational management and project sales performance[25] - The company has engaged with various investment institutions regarding its future development direction[25] - The company has made commitments to strengthen the management of undisclosed information and ensure compliance with regulatory requirements, which are currently being fulfilled[20] - The company discussed its cooperation with the subway group and future land reserve plans during investor meetings[25] - The company has received inquiries from approximately seventy individual investors regarding its operational status[25] Legal and Compliance - The company has ongoing litigation matters, including disputes related to land use rights and construction projects, with no significant updates during the reporting period[19] - The company is actively involved in the ongoing state-owned enterprise reform in Shenzhen[25] Other Comprehensive Income - Other comprehensive income for the first nine months of 2015 was CNY 93,233.16, a 100.04% increase year-on-year, mainly due to the transfer of fair value from the sale of available-for-sale financial assets in the previous period[17] Expenses - The company reported a significant increase in operating expenses, with non-operating expenses rising to CNY 5,220,632.34, an increase of 1184.43% year-on-year, primarily due to increased penalty payments[16]