SPG(SZ:000029)2018-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 263.65% to CNY 44,934,281.00 for the current period[8] - Operating revenue for the current period reached CNY 282,588,259.93, reflecting a growth of 21.13% year-on-year[8] - The company reported a net profit of CNY 374,000,365.53 year-to-date, an increase of 150.03% compared to the same period last year[8] - The company reported a projected cumulative net profit for the year between ¥450,000,000 and ¥500,000,000, indicating a growth of 143.35% to 170.39% compared to the previous year[22] Earnings and Returns - Basic earnings per share increased by 263.93% to CNY 0.0444 for the current period[8] - The basic earnings per share are expected to rise to between ¥0.4448 and ¥0.4942, reflecting an increase of 143.33% to 170.37% year-on-year[22] - The weighted average return on equity improved to 1.49%, up from 1.04% at the end of the previous year[8] Cash Flow - Net cash flow from operating activities surged by 431.32% to CNY 664,798,431.71 year-to-date[8] - The net cash flow from operating activities was ¥664,798,431.71, a substantial increase of 431.32% compared to the previous year, driven by higher cash receipts from sales[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 76,443[11] - The largest shareholder, Shenzhen Investment Holdings Co., Ltd., holds 63.55% of the shares[11] Investments and Assets - The company has made significant investments, with cash outflow from investing activities at -¥599,463,465.47, primarily due to the purchase of structured deposits worth ¥600 million[16] - Other current assets increased dramatically by 5237.85% to ¥606,889,159.07, mainly due to the purchase of structured deposits[16] - Total assets increased by 11.49% to CNY 4,447,438,366.38 compared to the end of the previous year[8] Borrowings - Short-term borrowings decreased by 66.37% to ¥35,048,803.88, mainly due to a reduction in commercial acceptance bill discounting[16] - Long-term borrowings also saw a decline of 83.73% to ¥13,340,200.00, primarily due to repayments of bank loans[16] Taxation - Tax and additional charges amounted to ¥316,767,417.97, reflecting a significant increase of 932.78% year-on-year, attributed to the rise in real estate sales recognition[16] Non-recurring Items - Non-recurring gains and losses totaled CNY 110,548.43 for the year-to-date[9] Asset Restructuring - The company is currently undergoing a major asset restructuring, which involves complex negotiations and regulatory compliance, with ongoing updates expected[19]