LJZ(SH:600663)2025-10-28 08:35Financial Performance - The company's operating revenue for the third quarter reached ¥5,440,193,275.32, representing a year-on-year increase of 174.45%[4] - The total profit for the quarter was ¥389,921,394.13, reflecting an increase of 8.51% compared to the same period last year[4] - Net profit attributable to shareholders was ¥246,159,460.90, up 45.17% year-on-year[4] - The basic earnings per share for the quarter was ¥0.0489, an increase of 45.10% compared to the same period last year[6] - Total revenue for the first three quarters of 2025 reached CNY 12,037,837,797.49, a significant increase from CNY 6,909,235,930.89 in the same period of 2024, representing an increase of approximately 74.5%[21] - Operating profit for the first three quarters of 2025 was CNY 2,006,604,207.11, compared to CNY 1,674,532,898.76 in 2024, reflecting a growth of about 19.8%[22] - Net profit for the first three quarters of 2025 amounted to CNY 1,412,419,933.05, up from CNY 1,282,812,041.50 in 2024, indicating an increase of approximately 10.1%[22] - The company reported a basic earnings per share of CNY 0.2108 for the first three quarters of 2025, compared to CNY 0.2158 in the same period of 2024[23] - The company’s basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.0855, down from CNY 0.2907 in the same period of 2024[30] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥167,376,818,664.38, a 4.17% increase from the previous year-end[6] - Total assets as of the latest reporting period were CNY 167,376,818,664.38, compared to CNY 160,674,361,929.42 in the previous period, showing a growth of about 4.4%[19] - Total liabilities increased to CNY 117,209,893,111.11 from CNY 112,124,461,302.99, marking an increase of approximately 4.8%[19] - The company's total liabilities were ¥77,152,306,200.43, compared to ¥77,414,297,513.97 at the end of 2024[27] - Current liabilities totaled ¥58,161,118,469.65, an increase from ¥57,658,727,848.81 in the previous year[27] - Long-term borrowings decreased to ¥2,494,500,000.00 from ¥3,463,500,000.00, indicating a reduction in long-term debt[27] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥7,612,277,824.19, showing a 61.50% increase compared to the same period last year[4] - Operating cash flow for the first three quarters of 2025 reached ¥7,612,277,824.19, a significant increase of 61.0% compared to ¥4,713,498,577.02 in the same period of 2024[24] - Total cash inflow from operating activities was ¥16,817,257,199.79, up from ¥14,335,706,404.40 in the previous year, reflecting a growth of 17.3%[24] - Cash and cash equivalents at the end of September 2025 amounted to ¥9,035,301,696.75, an increase from ¥7,500,451,342.57 at the end of 2024[25] - The company reported a significant decrease in cash and cash equivalents, ending the first three quarters of 2025 with CNY 519,019,269.85, down from CNY 1,245,976,435.12 at the end of the same period in 2024[32] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 100,319[10] - The largest shareholder, Shanghai Lujiazui (Group) Co., Ltd., holds 62.20% of the shares, totaling 3,131,636,695 shares[10] - The company has a total of 2,352,902,678 shares held by its largest shareholder, Shanghai Lujiazui Group Co., Ltd.[12] Property and Operations - The total leasable area of the company's properties is 3,946,556 square meters, with a rental rate of RMB 7.30 per square meter per day for Grade A office properties in Shanghai[12] - The average occupancy rate for mature properties in Shanghai is 75% for Grade A office buildings and 92% for major commercial properties[12] - The company achieved a sales area of 64,538 square meters for residential projects in the first nine months of 2025, with an overall sales rate of 89%[15] - The project "Century Qiantan Tianhui" has a sales area of 39,404 square meters with a take-up rate of 93%[15] - The average rental rate for hotel properties is RMB 857 per room per night, with an occupancy rate of 72%[12] Government Support and Financial Activities - The company received government subsidies amounting to ¥2,299,427.54 during the quarter, which positively impacted its financial performance[7] - The company reported a significant increase in financial business profits compared to the previous year, contributing to the rise in net profit[8] - The company has not engaged in any stock lending through margin trading or securities lending activities[12] Investment and Expenses - Investment income for the first three quarters of 2025 was CNY 148,628,382.44, up from CNY 132,129,143.14 in 2024, indicating an increase of approximately 12.5%[22] - The company incurred financial expenses of CNY 1,125,745,384.18 in the first three quarters of 2025, down from CNY 1,494,225,237.49 in the same period of 2024[29] - The company’s total liabilities increased, with cash outflows from financing activities totaling CNY 29,740,243,155.22 in the first three quarters of 2025, compared to CNY 26,771,293,875.23 in the same period of 2024[32]