YMRD(SH:600239)2019-10-28 16:00Financial Performance - Operating revenue for the year-to-date was ¥4.85 billion, down 30.61% from ¥6.99 billion in the same period last year[7] - Net profit attributable to shareholders was a loss of ¥1.06 billion, a decline of 567.15% compared to a profit of ¥227.53 million in the previous year[7] - Basic and diluted earnings per share were both -¥0.68, a decrease of 585.71% from ¥0.14 in the same period last year[8] - Total operating revenue for Q3 2019 was approximately ¥2.97 billion, a decrease of 3.55% compared to ¥3.08 billion in Q3 2018[34] - Net profit for Q3 2019 was a loss of approximately ¥335.74 million, compared to a profit of ¥472.34 million in Q3 2018, representing a significant decline[36] - The company reported a total profit loss of approximately ¥384.92 million in Q3 2019, contrasting with a profit of ¥488.15 million in Q3 2018[35] - The company reported a net loss attributable to shareholders of approximately ¥277.89 million in Q3 2019, compared to a profit of ¥412.05 million in Q3 2018[36] Assets and Liabilities - Total assets at the end of the reporting period reached ¥88.74 billion, an increase of 4.56% compared to the end of the previous year[7] - Total liabilities increased to CNY 81.01 billion, up from CNY 75.85 billion year-over-year, representing an increase of approximately 6.5%[28] - Current liabilities totaled CNY 53.74 billion, compared to CNY 41.99 billion in the previous year, reflecting a growth of about 28%[28] - Non-current liabilities decreased to CNY 27.27 billion from CNY 33.85 billion, a decline of approximately 19.5%[28] - Cash and cash equivalents decreased by 21.20% to CNY 2,105,015,177.59 due to a decline in sales receipts and increased payments for equity and debt investments[14] - Inventory increased by 8.73% to CNY 51,514,806,080.52, attributed to increased land reserves and investments in ongoing projects[14] Cash Flow - The net cash flow from operating activities was negative at ¥949.97 million, a decrease of 47.66% compared to the previous year[7] - The cash flow from operating activities for the first three quarters of 2019 was a net outflow of approximately ¥949.97 million, compared to a net outflow of ¥643.35 million in the same period of 2018[42] - Net cash flow from operating activities for Q3 2019 was CNY 506,694,780.31, down 84.7% from CNY 3,312,062,408.42 in Q3 2018[46] - Cash inflow from financing activities in the first three quarters of 2019 was CNY 6,775,722,749.76, a decrease of 24.7% from CNY 8,996,644,315.87 in the same period of 2018[46] Shareholder Information - The total number of shareholders at the end of the reporting period was 50,142[11] - The largest shareholder, Yunnan Urban Construction Investment Group Co., Ltd., held 39.87% of the shares[11] Legal Matters - The company is involved in a lawsuit with a claim amounting to CNY 27,910,000 related to a compensation contract dispute[18] - The company has initiated legal proceedings against its subsidiary, with a total involved amount of approximately CNY 1.02 billion due to loan disputes[20] - The company is involved in ongoing litigation with Yunnan Cultural Industry Investment Holding Group, with claims totaling approximately CNY 425.4 million[20] Other Financial Metrics - The weighted average return on equity was -21.54%, a decrease of 25.79 percentage points compared to the previous year[8] - The company reported non-operating income and expenses totaling -¥43.69 million for the year-to-date[10] - The company incurred financial expenses of approximately ¥564.92 million in Q3 2019, an increase from ¥476.97 million in Q3 2018[35] - The company reported a significant increase in tax expenses, with Q3 2019 tax expenses at approximately ¥58.21 million compared to a tax benefit of ¥94.08 million in Q3 2018[40]