深振业A(000006) - 2016 Q2 - 季度财报(更新)

Financial Performance - The company's operating revenue for the first half of 2016 was CNY 868,689,205.80, a decrease of 57.05% compared to CNY 2,022,614,399.84 in the same period last year[20]. - The net profit attributable to shareholders was CNY 102,085,228.83, down 60.44% from CNY 258,082,864.50 year-on-year[20]. - Basic earnings per share were CNY 0.0756, down 60.46% from CNY 0.1912 in the same period last year[20]. - The company reported a revenue of CNY 868.69 million for the current period, a decrease of 57.05% compared to CNY 2,022.61 million in the same period last year[33]. - The company's net profit decreased by 60.44% year-on-year, primarily due to fewer project transfers during the reporting period[104]. - The total profit for the current period is CNY 142,724,669.17, a decrease of 60.4% from CNY 360,461,013.03 in the previous period[137]. Cash Flow - The net cash flow from operating activities increased by 273.87% to CNY 1,096,422,238.47, compared to a negative cash flow of CNY 630,613,944.41 in the previous year[20]. - The company's cash flow from operating activities increased by 273.87%, reaching CNY 1.096 billion, primarily due to increased sales collection and reduced land reserve expenditures[33]. - Total cash inflow from operating activities reached ¥2,383,918,513.40, up from ¥1,486,368,746.51 in the prior period, indicating a growth of approximately 60.4%[142]. - Cash outflow from operating activities decreased to ¥1,287,496,274.93 from ¥2,116,982,690.92, reflecting a reduction of about 39.1%[142]. - The ending balance of cash and cash equivalents increased to ¥1,896,804,329.14 from ¥1,031,744,419.06, marking a growth of approximately 83.8%[143]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,123,005,009.21, reflecting a 3.30% increase from the previous year[20]. - The total liabilities increased to CNY 8,685,151,411.59 from CNY 8,208,379,056.36, marking an increase of around 5.8%[129]. - The company's short-term borrowings decreased to CNY 100,000,000.00 from CNY 200,000,000.00, a reduction of 50%[129]. - The total owner's equity decreased slightly to CNY 4,437,853,597.62 from CNY 4,495,125,152.90, a decline of about 1.3%[130]. - The total approved guarantee amount for subsidiaries during the reporting period was CNY 355 million, with an actual guarantee amount of CNY 40 million[86]. Sales and Contracts - The company achieved a total contracted sales area of 241,400 square meters and a contracted sales amount of CNY 2.467 billion during the reporting period[28]. - The revenue recognized from sales was CNY 822 million, with a sales area of 72,100 square meters recognized[28]. - The company achieved a contract sales area of 34,900 square meters and a contract sales amount of CNY 1.193 billion during the reporting period[31]. - The pre-receipts increased by 152.54% to CNY 2.213 billion, driven by pre-sales from projects such as Dongguan Songhu Yuyuan and Tianjin Qichunli[34]. Investment and Financing - The company incurred a net investment cash flow of CNY -501.86 million, mainly due to payments for the Metro Jin Hui Park project[33]. - The company reported a significant decrease in income tax expenses by 60.15% to CNY 36.70 million, due to a reduction in total profit[33]. - The company reported a total of ¥150 million raised from bond issuance, with ¥5.52 million utilized during the reporting period for repaying bank loans and supplementing working capital[46]. - The company issued 1.5 billion yuan in bonds in March 2015, with a current balance of 1.5 billion yuan and an interest rate of 5.2%[95]. - The company maintained a loan repayment rate of 100% and an interest payment rate of 100% during the reporting period[104]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 79,351 households[116]. - The largest shareholder, Shenzhen Municipal Government State-owned Assets Supervision and Administration Commission, held 296,031,373 shares, accounting for 21.93% of the total shares[117]. - The company has a total issued share capital of 1,349,995,046 shares as of June 30, 2016[159]. - The company did not implement any share repurchase agreements during the reporting period[118]. Governance and Compliance - The company has not reported any significant litigation matters during the reporting period, indicating no financial impact from ongoing legal disputes[65]. - The company has implemented strict governance measures to ensure compliance with insider information management and disclosure regulations[64]. - The company has ongoing commitments to improve information management and governance practices[90]. - The company has not reported any media controversies during the reporting period, suggesting a stable public perception[67]. Accounting Policies - The financial statements are prepared based on the going concern assumption and comply with the relevant accounting standards[162]. - The company confirms its ability to continue as a going concern for at least 12 months from the reporting date[162]. - The company adopts a calendar year as its accounting period, running from January 1 to December 31[165]. - The company recognizes investment income in the period of losing control over a subsidiary, with related comprehensive income treated accordingly[174].