SOYEA(SZ:000909)2018-10-26 16:00Financial Performance - Operating revenue for the reporting period was CNY 259,185,526.47, down 57.22% year-on-year, while year-to-date revenue was CNY 1,279,040,433.21, a decrease of 14.93% compared to the same period last year[8] - Net profit attributable to shareholders for the reporting period was CNY 7,822,013.56, an increase of 2.23% year-on-year, with year-to-date net profit at CNY 27,856,610.33, up 2.34% compared to the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the reporting period was CNY 5,977,972.04, a significant increase of 104.03% year-on-year, while year-to-date it was CNY 23,271,261.26, up 44.18%[8] - The basic earnings per share for the reporting period was CNY 0.025, an increase of 4.17% year-on-year, with diluted earnings per share also at CNY 0.025[8] - The weighted average return on net assets was 0.75%, an increase of 0.02 percentage points compared to the previous year[8] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,435,408,105.47, a decrease of 12.51% compared to the end of the previous year[8] - The company’s cash and cash equivalents at the end of the period were ¥490,553,616.87, with a discrepancy of ¥11,577,475.44 due to non-cash equivalents[17] - The company reported no significant non-recurring gains or losses that would affect the financial results[10] Shareholder Information - The total number of shareholders at the end of the reporting period was 29,787[12] - The largest shareholder, Xihu Electronics Group Co., Ltd., held 45.33% of the shares, totaling 141,602,941 shares[12] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 527,711,422.84, an increase of 123.66%[8] - The net cash flow from operating activities increased by 123.66% to ¥527,711,422.84, primarily due to reduced cash outflows for purchases[20] Inventory and Prepayments - The company’s prepayments decreased by 39.73% to ¥90,364,538.08 due to changes in settlement methods[16] - Inventory decreased by 37.55% to ¥934,864,867.00 as a result of the completion and delivery of real estate projects[16] Financial Expenses and Income - The company reported a significant decrease in financial expenses by 88.77% to ¥52,106,318.48, as financial costs were not capitalized due to project completions[16] - Investment income decreased significantly to -¥1,149,163.83, reflecting reduced net profits from joint ventures[16] - The company’s other income decreased by 78.08% to ¥1,732,792.58, mainly due to reduced government subsidies[16] Legal Matters - The company is pursuing legal actions for overdue payments totaling ¥3,638,750 from a contract dispute[19] - There are no non-operating fund occupations by the controlling shareholder and its related parties during the reporting period[30] Management - The chairman of the company is Zhang Guojing[31]