万通发展(600246) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 196,474,187.63, a decrease of 58.20% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 168,555,379.72, representing a decline of 556.27% year-over-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 170,984,597.82, down 590.95% from the previous year[5]. - Total operating revenue for the first three quarters of 2021 was CNY 655,380,236.28, a decrease from CNY 1,031,570,303.02 in the same period of 2020, representing a decline of approximately 36.4%[39]. - Total operating costs for the first three quarters of 2021 amounted to CNY 778,575,363.49, down from CNY 933,650,510.73 in 2020, indicating a reduction of about 16.6%[39]. - Net profit for the first three quarters of 2021 was CNY 265,890,902.56, compared to CNY 55,902,768.90 in the same period of 2020, showing a significant increase[42]. - The profit attributable to shareholders of the parent company for the first three quarters of 2021 was CNY 266,766,330.37, up from CNY 45,785,619.40 in 2020, reflecting a growth of approximately 482.5%[42]. - The company reported a financial expense of CNY 67,312,989.00 for the first three quarters of 2021, a decrease from CNY 91,553,288.73 in 2020, indicating a reduction of approximately 26.4%[39]. - The company recorded an investment income of CNY 521,341,295.27 in the first three quarters of 2021, a significant improvement from a loss of CNY 1,208,779.44 in the same period of 2020[39]. - The company’s tax expenses for the first three quarters of 2021 were CNY 5,121,026.54, compared to CNY 46,999,073.54 in 2020, showing a substantial decrease[42]. - Other comprehensive income after tax attributable to the parent company was CNY -769,407.95 for the first three quarters of 2021, compared to CNY -3,205,024.56 in the same period of 2020, indicating an improvement[42]. - The total comprehensive income attributable to the parent company reached CNY 265,996,922.42, compared to CNY 42,580,594.84 in the same period last year, indicating significant growth[45]. - Basic earnings per share increased to CNY 0.1362 from CNY 0.0226 year-over-year[45]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 11,122,072,688.05, a decrease of 3.97% from the end of the previous year[7]. - The total liabilities as of the reporting date were CNY 3,612,627,771.66, down from CNY 3,977,660,485.37 in the previous year, a decrease of about 9.2%[36]. - The total equity attributable to shareholders of the parent company was CNY 7,115,912,419.58, slightly down from CNY 7,134,322,192.61 in the previous year[36]. - The company reported a decrease in accounts payable from RMB 535.35 million to RMB 408.26 million, a reduction of about 23.7%[34]. - Total non-current assets amounted to 5,324,680,214.08, a slight decrease from 5,329,269,593.86[54]. - Current liabilities totaled 1,720,826,598.45, a minor decrease from 1,723,271,538.28[54]. - Total liabilities were reported at 3,977,660,485.37, down from 3,982,249,865.15[56]. - Shareholders' equity amounted to 7,604,555,071.98, remaining stable compared to previous figures[56]. - The company has long-term borrowings of 2,192,548,238.51, indicating a stable capital structure[56]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 43,608,351.48, down 86.84% compared to the previous year[5]. - The net cash flow from operating activities was -86.84 million yuan, primarily due to a decrease in cash inflow from sales compared to the same period last year[14]. - Cash inflow from operating activities totaled CNY 818,257,904.93, down from CNY 1,118,308,640.93 in the previous year, reflecting a decrease of approximately 26.9%[49]. - The net cash flow from operating activities was CNY 43,608,351.48, compared to CNY 331,363,335.58 in the same period last year, showing a decline of about 86.9%[49]. - The company reported a net cash outflow from financing activities of CNY -421,910,456.36, compared to CNY -707,816,923.50 in the previous year, indicating improved cash management[49]. - Investment activities generated a net cash inflow of CNY 607,576,363.73, a significant recovery from a net outflow of CNY -86,179,388.49 in the same period last year[49]. - The company received CNY 101,815,480.21 from the recovery of investments, marking a positive cash flow from investment activities[49]. - Total cash outflow for operating activities was CNY 774,649,553.45, slightly lower than CNY 786,945,305.35 in the previous year[49]. - The company’s total cash inflow from financing activities was CNY 24,060,251.86, down from CNY 26,497,895.02 year-over-year[49]. Real Estate and Sales - The company reported a significant decrease in goodwill by 69.87% due to impairment in the current period[12]. - The company experienced a 43.45% decrease in inventory due to normal sales and the transfer of some inventory to investment properties[12]. - The company's real estate business achieved a total contracted sales area of 22,900 square meters, generating a total contracted sales amount of 431.95 million yuan[15]. - The rental rate for the Beijing Wantong Center D Building was 78%, generating an operating income of 62.96 million yuan[16]. - The signed area for the Hangzhou Future Science and Technology City A Building increased by 45% year-on-year, with a signed amount of 106.04 million yuan, reflecting positive growth[17]. - The company experienced a 62% decrease in signed area for the Tianjin Wantong New New Villa, with a signed amount of 93.37 million yuan, indicating challenges in this segment[17]. - The total rental income from contracted leases was 159.87 million yuan, with a total leased area of 111,300 square meters[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,666, with the largest shareholder holding 35.66% of the shares[23]. - The company repurchased a total of 42,249,686 shares, accounting for 2.0569% of the total share capital, with a total expenditure of approximately RMB 284.41 million as of September 30, 2021[26]. - The company reported a total of 108,877,026 unrestricted circulating shares held by its repurchase account, representing 5.30% of the total share capital[25]. - The company plans to continue its share repurchase program with a budget of between RMB 150 million and RMB 300 million, at a price not exceeding RMB 10.93 per share[26].