YMRD(SH:600239)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,523,844,722.29, representing a year-on-year increase of 74.54%[5] - The net profit attributable to shareholders was a loss of ¥255,993,002.37, with a year-to-date net profit of ¥138,617,488.09, showing a significant decline[5] - Total operating revenue for the first three quarters of 2021 was CNY 3,218,241,088.62, a decrease of 13.1% compared to CNY 3,704,988,903.25 in the same period of 2020[40] - Net profit for the first three quarters of 2021 was a loss of CNY 200,610,002.58, an improvement from a loss of CNY 1,309,067,763.99 in the same period of 2020[41] - The basic earnings per share for Q3 2021 was CNY 0.09, compared to a loss of CNY 0.66 per share in Q3 2020[42] Cash Flow - The net cash flow from operating activities for the year-to-date period reached ¥25,621,542,682.90, an increase of 1,732.33% compared to the previous year[5] - The cash inflow from operating activities in the first three quarters of 2021 was CNY 29,028,508,802.44, compared to CNY 6,472,763,443.00 in the same period of 2020, indicating a significant increase[44] - The net cash flow from operating activities for the first three quarters of 2021 was CNY 25,621,542,682.90, a substantial rise from CNY 1,398,306,662.05 in 2020[44] - The total cash inflow from investment activities in the first three quarters of 2021 was CNY 3,391,122,627.10, compared to CNY 3,191,163,309.13 in 2020, showing a slight increase[45] - The net cash flow from financing activities for the first three quarters of 2021 was -CNY 29,549,685,929.74, compared to -CNY 5,047,531,065.76 in 2020, indicating a worsening situation[45] Assets and Liabilities - Total assets at the end of the reporting period were ¥45,437,308,332.67, a decrease of 43.44% from the end of the previous year[6] - The company's total assets decreased to CNY 45,437,308,332.67 in Q3 2021 from CNY 80,336,922,200.91 in Q3 2020, representing a decline of 43.4%[39] - The total liabilities were CNY 20,000,000,000.00, indicating a significant financial obligation[37] - Total liabilities decreased to CNY 42,909,485,276.73 in Q3 2021 from CNY 78,474,573,219.77 in Q3 2020, a reduction of 45.3%[39] - The company's total equity stood at CNY 1.86 billion, with a negative retained earnings of CNY 3.76 billion[49] Shareholder Information - The total number of common shareholders at the end of the reporting period was 44,255[12] - The largest shareholder, Yunnan Province Kanglv Holding Group Co., Ltd., holds 640,150,575 shares, accounting for 39.87% of total shares[12] Construction and Development - In Q3 2021, the new construction area was 307,889.84 square meters, representing a year-on-year growth of 75.15%[14] - The completed area in Q3 2021 was 119,872.63 square meters, with a significant year-on-year increase of 1453.10%[14] - The total signed area in Q3 2021 was 36,750 square meters, down 47% compared to Q3 2020[14] - The total signed amount in Q3 2021 was 50,798,000 yuan, a decrease of 51% year-on-year[14] Legal Disputes - The company is facing a lawsuit with a claim amounting to 233,016,140.83 yuan for a debt transfer dispute[17] - The company reported a rental contract dispute involving a claim for overdue rent and service fees amounting to CNY 1,365,417.50[21] - The company is actively managing several legal disputes, indicating a potential impact on its operational focus and financial performance[24] - The company has a pending case involving CNY 2,424,270.03 related to a housing sale contract dispute, with the first hearing yet to be held[23] - The company is involved in multiple rental contract disputes, with amounts ranging from CNY 71,828.86 to CNY 443,150.03, all pending court decisions[23] Investment and Income - Investment income increased by 45.01% due to gains from the transfer of subsidiaries[10] - The company reported an investment income of CNY 1,787,207,853.22 for the first three quarters of 2021, compared to CNY 1,232,479,889.47 in the same period of 2020[41] Operational Efficiency - The company experienced a 40.24% reduction in management expenses attributed to a decrease in personnel and salary cuts[10] - The company reported a significant decrease in accounts payable by 36.20% as a result of project transfers[9]