CFLD(SH:600340)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥7,616,190,373.46, representing a year-on-year increase of 3.56%[5] - The net profit attributable to shareholders for Q3 2022 was -¥1,021,192,088.28, with a year-to-date net profit of -¥1,559,626,492.90, indicating a significant loss[5] - The basic earnings per share for Q3 2022 was -¥0.26, compared to -¥0.40 for the same period last year[6] - Total revenue for the first three quarters of 2022 was CNY 21,980,439,901.04, a decrease of 22.6% compared to CNY 28,422,467,237.27 in the same period of 2021[26] - The company reported a net loss of CNY 2,751,413,078.32 in retained earnings, compared to a loss of CNY 1,191,786,585.42 in the previous year[23] - In Q3 2022, the company reported a net loss of CNY 1,635,756,513.68, compared to a net loss of CNY 13,077,475,046.34 in the same period of 2021, indicating a significant improvement[27] - The total comprehensive loss for Q3 2022 was CNY 5,023,003,638.93, compared to a loss of CNY 12,873,748,532.85 in Q3 2021[28] - The company reported a total profit loss of CNY 1,491,869,268.43 in Q3 2022, compared to a loss of CNY 15,589,653,287.12 in Q3 2021[27] Assets and Liabilities - Total assets at the end of Q3 2022 were ¥417,292,605,475.84, a decrease of 5.37% from the end of the previous year[6] - The equity attributable to shareholders decreased by 80.36% to ¥1,238,868,788.62 compared to the end of the previous year[6] - The total assets decreased to CNY 417,292,605,475.84 from CNY 440,964,154,092.08, reflecting a decline of 5.4%[23] - Current liabilities totaled CNY 268,680,700,246.59, down 26.3% from CNY 363,986,865,531.94 in the previous year[23] - The company's total liabilities amounted to CNY 400,801,915,139.06, a slight decrease from CNY 417,137,505,294.42[23] - Long-term borrowings increased to CNY 88,936,795,490.70 from CNY 31,147,467,390.12, indicating a significant rise[23] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥1,676,035,033.70[6] - The cash flow from operating activities decreased due to a reduction in cash payments for goods and services[11] - Operating cash flow for the first nine months of 2022 was CNY 15,084,245,354.61, down from CNY 28,942,837,242.43 in the same period of 2021, reflecting a decrease of approximately 48%[30] - The company’s net cash flow from operating activities in Q3 2022 was CNY 1,676,035,033.70, a recovery from a negative cash flow of CNY 4,892,963,491.48 in Q3 2021[31] - The cash flow from financing activities in Q3 2022 was negative at CNY -3,393,522,951.23, compared to a negative cash flow of CNY -9,351,538,470.56 in Q3 2021[32] Shareholder Information - The total number of ordinary shares at the end of the reporting period was 155,368[13] - The largest shareholder, Huaxia Happiness Holdings, holds 538,559,482 shares, representing 13.76% of the total shares[14] - China Ping An Life Insurance Company holds 414,223,338 shares, accounting for 10.58% of the total shares[14] - The total shares held by the top 10 shareholders amount to 654,778,018, which is 16.73% of the total share capital[16] - The company has a total of 985,729,553 shares held by China Ping An Life Insurance and its affiliates, representing 25.19% of the total share capital[16] - The company has 421,320,026 shares pledged and 756,845 shares frozen by Huaxia Happiness Holdings[14] Land and Development - The company has a land reserve of 472,853.72 square meters in the Gu'an area, with a planned construction area of 1,085,881.31 square meters[17] - In the Bazhou area, the company holds 846,383.00 square meters of land, with a planned construction area of 1,475,608.80 square meters[17] - The company has 166,633.37 square meters of land in the Yongqing area, with a planned construction area of 322,995.29 square meters[17] - The company has 95,830.23 square meters of land in the Dachang area, with a planned construction area of 203,453.44 square meters[17] - The total area of land held for development is 4,242,047.57 square meters, with 8,281,209.46 square meters of primary land being organized and 7,718,902.89 square meters planned for construction[19] - The company completed a total of 644,239.74 square meters of real estate projects in the third quarter of 2022[19] - The company has a 30% equity stake in the cooperative development project in the Handan area, involving 155,131.10 square meters of land[19] - The company has a significant cooperative development project in Guilin, with an 85% equity stake involving 559,317 square meters of land[19] Investment and Expenses - The company reported a net investment income of CNY 11,967,391,128.95, significantly higher than CNY 277,221,419.56 in the previous year[26] - Research and development expenses increased to CNY 6,489,259.57 from CNY 2,758,292.13, showing a growth of 135.5%[26] - The company incurred total operating expenses of CNY 14,857,681,164.30 in Q3 2022, compared to CNY 34,962,795,199.75 in Q3 2021, showing a reduction in expenses[31] - The company's total assets impairment loss for Q3 2022 was CNY 225,881,927.75, a significant decrease from CNY 1,915,382,091.58 in Q3 2021[27]