格力地产(600185) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was ¥3,431,706,291.31, representing an 88.69% increase year-on-year[18]. - Net profit attributable to shareholders was ¥501,838,282.47, up 28.65% from the previous year[18]. - Basic earnings per share increased by 21.05% to ¥0.23 compared to ¥0.19 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥490,977,072.23, reflecting a 31.09% increase year-on-year[18]. - Total operating revenue for Q3 2019 reached ¥763,052,586.52, a 21.2% increase from ¥629,580,138.67 in Q3 2018[58]. - Net profit for Q3 2019 was ¥94,449,716.02, compared to ¥86,201,364.94 in Q3 2018, reflecting a growth of 2.9%[62]. - Total comprehensive income for Q3 2019 was CNY 98,542,498.89, compared to CNY 93,073,829.52 in Q3 2018, showing an increase of about 5.3%[66]. Cash Flow - The net cash flow from operating activities was ¥984,948,307.26, a significant recovery from a negative cash flow of ¥1,337,745,730.73 in the same period last year[18]. - Total cash inflow from operating activities reached ¥3,615,527,070.09, up from ¥1,959,041,653.86 in the previous year, indicating a growth of approximately 84.3%[72]. - Cash outflow from operating activities decreased to ¥2,630,578,762.83 from ¥3,296,787,384.59, reflecting a reduction of about 20.2%[72]. - The cash flow from investing activities showed a net outflow of ¥-69,612,448.28, an improvement from ¥-336,573,931.25 in the previous year[75]. - Cash inflow from financing activities totaled ¥5,206,962,180.48, compared to ¥6,339,883,383.10 in the same period last year, representing a decline of approximately 17.8%[75]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥32,060,863,970.33, an increase of 8.06% compared to the end of the previous year[18]. - Total liabilities amounted to ¥24.13 billion, an increase of 12.3% from ¥21.46 billion[48]. - Long-term borrowings rose to ¥8.64 billion, up from ¥7.62 billion, reflecting a growth of 13.4%[48]. - Total equity attributable to shareholders decreased to ¥7.92 billion from ¥8.20 billion, a decline of 3.4%[48]. - Current assets totaled approximately ¥25.86 billion, an increase of 7.0% from ¥24.17 billion in the previous year[43]. Shareholder Information - The total number of shareholders at the end of the reporting period was 38,994[24]. - The largest shareholder, Zhuhai Investment Holding Co., Ltd., held 41.13% of the shares, with 847,339,780 shares pledged[26]. - The company repurchased a total of 39,248,946 shares, accounting for 1.91% of the total share capital, using RMB 193,946,600[39]. Operational Metrics - Cash and cash equivalents increased by 40.78% to RMB 2,900,273,942.50 due to increased sales collections[33]. - Accounts receivable decreased by 59.37% to RMB 136,361,894.00 primarily due to the recovery of construction project payments[33]. - Operating costs rose by 134.74% to RMB 2,454,614,074.45, reflecting higher costs associated with real estate and construction[36]. - Long-term receivables increased by 589.76% to RMB 1,540,314,499.91 due to an increase in receivables from construction projects[36]. - Prepayments increased by 67.82% to RMB 28,981,265.69, mainly due to increased advance payments for design services[33]. Financial Adjustments and Standards - The company adjusted the conversion price of its convertible bonds from RMB 6.94 to RMB 5.00 effective October 8, 2019[39]. - The company is not currently applying new financial instrument standards or new lease standards, suggesting stability in accounting practices[95]. - The company did not report any adjustments for the first-time application of new financial standards, indicating consistency in financial reporting[95].