PDH(SH:600048)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was approximately ¥45.65 billion, a decrease of 5.82% compared to the same period last year[2]. - Net profit attributable to shareholders was approximately ¥2.27 billion, down 30.96% year-on-year[2]. - The basic earnings per share for the period was ¥0.19, reflecting a decline of 30.96% compared to the previous year[2]. - The total revenue for the company reached CNY 156.44 billion, representing a year-on-year growth of 12.97%[10]. - The net profit attributable to shareholders was CNY 13.09 billion, a year-on-year decrease of 3.61%[10]. - The company's gross profit margin was 24.51%, down 5.32 percentage points compared to the same period last year[10]. - The net profit for the third quarter of 2022 was CNY 18.89 billion, a decrease from CNY 19.42 billion in the same quarter of 2021, representing a decline of about 2.7%[18]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2022 was CNY 13.09 billion, compared to CNY 13.58 billion in 2021, reflecting a decrease of about 3.4%[18]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥1.45 trillion, an increase of 3.44% from the end of the previous year[3]. - Shareholders' equity attributable to the parent company was approximately ¥201.35 billion, up 2.96% year-on-year[3]. - The total liabilities of the company as of the third quarter of 2022 amounted to CNY 1,128.24 billion, up from CNY 1,097.02 billion in the previous year, indicating an increase of approximately 2.7%[14]. - The total assets as of September 30, 2022, were 411.47 billion RMB, down from 440.81 billion RMB at the end of 2021, representing a decrease of approximately 6.7%[23]. - The total liabilities decreased from CNY 383,783,872,889.41 in the previous year to CNY 350,953,515,907.43, a reduction of approximately 8.6%[25]. Cash Flow - The company reported a net cash flow from operating activities of approximately -¥29.86 billion year-to-date[2]. - The net cash flow from operating activities for the first three quarters of 2022 was -54.84 billion, compared to -6.13 billion in the same period of 2021[28]. - Total cash inflow from operating activities decreased to 253.26 billion RMB in 2022 from 361.76 billion RMB in 2021, a drop of approximately 30%[20]. - Cash outflow from operating activities also decreased to 283.12 billion RMB in 2022 from 380.51 billion RMB in 2021, reflecting a reduction of about 25.6%[20]. - The net cash flow from investment activities was -7.66 billion RMB in 2022, significantly improved from -20.59 billion RMB in 2021[21]. - Cash inflow from financing activities decreased to 126.77 billion RMB in 2022 from 137.47 billion RMB in 2021, a decline of about 7.3%[21]. Sales and Contracts - In the first three quarters of 2022, the company achieved a contracted sales amount of CNY 320.1 billion, a year-on-year decrease of 21.97%[10]. - The total area contracted was 19.2 million square meters, down 24.50% year-on-year[10]. - The cash collection from sales reached CNY 293.9 billion, with a collection rate of 91.8%[10]. - Cash received from sales of goods and services was 164.76 million, a decrease from 1,003.24 million in the previous year[28]. Investments and Expenses - Research and development expenses for the first three quarters of 2022 were CNY 380.28 million, significantly lower than CNY 840.54 million in 2021, showing a decrease of approximately 54.8%[17]. - The company's financial expenses for the first three quarters were CNY 1,212,953,186.77, slightly down from CNY 1,243,782,603.67 in the same period last year[25]. - The investment income for the first three quarters was CNY 11,537,643,818.91, up from CNY 8,816,338,289.44, indicating a significant increase of 30.8%[25]. Market and Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[2]. - The company has implemented various policies to stabilize the real estate market, including lowering mortgage rates and allowing flexible credit policies[10].