大龙地产(600159) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥180,522,257.77, a decrease of 30.23% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥9,855,270.19, down 64.61% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥9,795,429.68, a decline of 64.78% compared to the previous year[6]. - Basic earnings per share were ¥0.012, reflecting a decrease of 64.71% from the same quarter last year[6]. - The company experienced a significant decline in revenue and profit in the third quarter due to reduced performance in the real estate business[8]. - Total operating revenue for the first three quarters of 2021 reached ¥653,615,802.31, a 35.4% increase compared to ¥483,073,615.52 in the same period of 2020[18]. - Net profit for the first three quarters of 2021 was ¥85,517,064.51, compared to ¥39,380,726.60 in 2020, representing a 117.1% increase[19]. - The company’s total profit for the first three quarters of 2021 was ¥123,958,548.99, compared to ¥55,577,726.50 in 2020, marking a 123.5% increase[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,446,833,696.73, an increase of 1.67% from the end of the previous year[6]. - The equity attributable to shareholders was ¥2,459,185,129.82, up 1.98% compared to the end of last year[6]. - Total liabilities reached RMB 1,943,314,594.16, up from RMB 1,914,276,700.48, indicating a slight increase in financial obligations[16]. - The company's equity attributable to shareholders rose to RMB 2,459,185,129.82 from RMB 2,411,531,803.81, reflecting a positive trend in retained earnings[16]. - Contract liabilities increased significantly to RMB 682,640,949.74 from RMB 495,637,080.03, indicating a rise in advance payments from customers[15]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥113,829,401.27, a decrease of 48.63% year-on-year[8]. - Cash inflow from operating activities totaled ¥875,988,731.20, compared to ¥843,563,535.77 in the previous year, indicating a 3.8% increase[22]. - The net cash flow from operating activities was 113,829,401.27, a decrease of 48.6% compared to 221,572,163.37 in the same period last year[23]. - The total cash outflow from operating activities amounted to 762,159,329.93, up 22.5% from 621,991,372.40 year-on-year[23]. - The cash and cash equivalents at the end of the period increased to 828,962,944.76, up from 683,286,495.80 at the end of the same quarter last year, representing a growth of 21.4%[24]. - The company reported a net increase in cash and cash equivalents of 33,378,526.65, contrasting with a decrease of -264,104,406.77 in the same quarter last year[24]. Operational Efficiency - The weighted average return on net assets for the reporting period was 0.40%, a decrease of 0.79 percentage points compared to the previous year[6]. - Accounts receivable increased to RMB 291,535,859.02 from RMB 236,936,537.12 year-over-year, indicating a rise in credit sales[14]. - Inventory decreased to RMB 2,633,200,876.68 from RMB 2,761,255,767.97, suggesting improved inventory management[14]. - The company reported a decrease in accounts payable to RMB 321,746,773.68 from RMB 430,121,479.81, which may suggest improved payment terms with suppliers[15]. Tax and Expenses - The company’s tax expenses for the first three quarters of 2021 were ¥38,441,484.48, compared to ¥16,196,999.90 in the same period of 2020, showing an increase of 137.5%[19]. - The company paid 49,669,345.53 in dividends and interest, down 37.9% from 79,939,161.60 in the previous year[23]. - The total tax payments made were 132,956,696.30, an increase of 40.2% compared to 94,797,204.93 in the same period last year[23]. Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[12]. - The company recorded a financial expense of -¥4,652,762.64, a significant improvement compared to a financial expense of ¥7,254,300.41 in the previous year[18]. - Other income for the first three quarters of 2021 was ¥218,349.27, compared to ¥136,262.73 in 2020, reflecting a 60.4% increase[18].