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格力地产(600185) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥2,778,038,552.22, representing a year-on-year increase of 118.44%[7] - The net profit attributable to shareholders for Q3 2021 was ¥171,349,504.99, showing a slight decrease of 2.11% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥180,776,859.35, which increased by 52.80% year-on-year[7] - The company's revenue for the year-to-date reached ¥6,169,351,814.27, with a year-on-year increase of 45.16%[7] - Net profit for the first three quarters of 2021 was ¥638,914,506.19, representing a 7% increase from ¥597,175,396.41 in the previous year[38] - Total operating revenue for the first three quarters of 2021 reached ¥6,169,351,814.27, a significant increase of 45.2% compared to ¥4,250,149,415.45 in the same period of 2020[36] - Total profit for the first three quarters of 2021 was ¥826,549,306.12, compared to ¥786,148,130.27 in 2020, reflecting a growth of 5.5%[36] - The total comprehensive income for the first three quarters of 2021 was ¥628,266,962.44, compared to ¥594,037,068.55 in 2020, showing a positive trend[38] Earnings and Shareholder Information - The basic earnings per share for Q3 2021 was ¥0.10, an increase of 11.11% compared to the same period last year[9] - The basic earnings per share for the first three quarters of 2021 were ¥0.35, compared to ¥0.32 in the same period of 2020[38] - The total number of common shareholders at the end of the reporting period was 71,290, with the largest shareholder, Zhuhai Investment Holdings Co., Ltd., holding 847,339,780 shares, representing 43.57% of the total[18] - The company completed the cancellation of 116,404,534 repurchased shares, reducing the registered capital to RMB 1,944,686,896[22] - The shareholding ratio of the controlling shareholder, Zhuhai Investment Holdings Co., Ltd., increased from 41.11% to 43.57% following the share cancellation[24] - The top ten shareholders include Gree Real Estate Co., Ltd. with 89,341,901 shares (4.59%) and Hong Kong Central Clearing Limited with 71,049,979 shares (3.65%)[21] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥33,085,012,896.46, reflecting a decrease of 11.70% compared to the end of the previous year[9] - As of September 30, 2021, total assets amounted to RMB 33,085,012,896.46, a decrease from RMB 37,470,008,240.94 at the end of 2020, reflecting a decline of approximately 11.4%[27] - Current assets totaled RMB 26,156,563,424.25, down from RMB 29,883,597,195.40, indicating a decrease of about 12.1%[27] - Total liabilities decreased from RMB 29,039,131,288.46 to RMB 24,024,736,602.25, a decline of approximately 17.3%[31] - The company's equity attributable to shareholders rose from RMB 8,422,808,055.50 to RMB 9,053,934,410.67, an increase of about 7.5%[31] - Long-term borrowings decreased from RMB 10,147,861,255.34 to RMB 8,427,799,267.67, a reduction of approximately 16.9%[31] Cash Flow and Investments - The cash flow from operating activities for the year-to-date was ¥2,677,712,648.05, which increased by 45.07% compared to the same period last year[9] - Cash flow from operating activities for the first three quarters of 2021 was ¥2,677,712,648.05, an increase of 45.2% from ¥1,845,812,883.42 in 2020[42] - Cash outflow from investment activities totaled approximately $2.19 billion, with a net cash flow from investment activities of -$2.10 billion[44] - Cash inflow from financing activities amounted to approximately $6.38 billion, while cash outflow from financing activities was about $10.51 billion, resulting in a net cash flow from financing activities of -$4.13 billion[44] - The net increase in cash and cash equivalents was -$1.49 billion, with a beginning balance of approximately $3.04 billion, leading to an ending balance of about $1.55 billion[44] - The company reported a significant increase in borrowings, with cash received from loans totaling approximately $5.58 billion[44] - The company paid approximately $9.42 billion in debt repayments during the period[44] - The company issued bonds, receiving cash of $800 million[44] Operational Costs and Expenses - The company experienced a 58.24% increase in operating costs, primarily due to rising real estate costs during the period[17] - Total operating costs for the first three quarters of 2021 were ¥5,440,327,407.12, up 54.4% from ¥3,521,559,081.09 in 2020[36] - Research and development expenses for the first three quarters of 2021 amounted to ¥2,343,035.53, indicating ongoing investment in innovation[36] Other Information - The company is currently involved in an arbitration case with Kehua Bioengineering Co., Ltd. regarding a dispute from an investment agreement signed in 2018[25] - The company has not disclosed any financing or margin trading activities involving the top ten shareholders[21] - The company’s stock has no pledges, markings, or frozen conditions as of the reporting period[18] - The company’s financial statements for the quarter are subject to audit[26] - The company did not apply the new leasing standards starting from 2021[44]