CHIXIA DEVELOPMENT(SH:600533)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 417,338,566.52, a decrease of 72.43% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2021 was CNY 20,960,655.30, down 67.32% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was CNY 20,117,304.96, a decrease of 64.70% compared to the previous year[6]. - The basic earnings per share for Q3 2021 was CNY 0.0200, reflecting a decline of 67.32% year-on-year[2]. - Total operating revenue for the first three quarters of 2021 reached ¥2,917,723,246.87, an increase of 11.55% compared to ¥2,615,967,833.52 in the same period of 2020[15]. - Net profit attributable to shareholders of the parent company was ¥353,073,289.90, up 24.7% from ¥283,007,195.54 in the previous year[16]. - Earnings per share (EPS) for the third quarter was ¥0.3363, compared to ¥0.2695 in the same quarter of 2020, reflecting a growth of 24.8%[17]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 22,230,401,823.68, an increase of 0.51% from the end of the previous year[3]. - The equity attributable to shareholders at the end of the reporting period was CNY 4,451,217,962.90, up 6.93% from the end of the previous year[3]. - As of September 30, 2021, the company's total assets amounted to CNY 22.23 billion, an increase from CNY 22.12 billion at the end of 2020[12]. - The total liabilities of the company were CNY 17.69 billion, a decrease from CNY 17.87 billion in the previous year[14]. - The company's long-term borrowings decreased to CNY 3.24 billion from CNY 4.43 billion in the previous year[14]. - The company’s total equity attributable to shareholders of the parent company increased to ¥4,451,217,962.90 from ¥4,162,678,184.10, reflecting a growth of 6.92%[15]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 2,848,183,311.60, an increase of 921.01%[6]. - The net cash flow from operating activities for Q3 2021 was approximately $2.85 billion, a significant increase from $278.96 million in Q3 2020, reflecting strong operational performance[19]. - Total cash inflow from financing activities was approximately $4.92 billion, while cash outflow was about $7.00 billion, resulting in a net cash flow from financing activities of -$2.08 billion[20]. - The total cash and cash equivalents at the end of Q3 2021 stood at approximately $2.23 billion, down from $2.25 billion at the beginning of the quarter[20]. - Cash outflow for operating activities totaled approximately $2.06 billion, compared to $1.55 billion in the same period last year[19]. - The company received approximately $484.50 million in cash related to other operating activities, compared to $119.04 million in Q3 2020, indicating improved cash management[19]. Inventory and Construction - The company's inventory stood at CNY 15.20 billion, down from CNY 15.87 billion year-over-year[13]. - The company reported a total of 96.63 million square meters in planned construction area for 2021, with 11.47 million square meters completed by the end of September[11]. - The cumulative contract sales area reached 1.05 million square meters as of September 30, 2021, with a turnover area of 0.68 million square meters[12]. - The company has ongoing projects in Nanjing and Wuxi, with significant areas still under construction, including 5.64 million square meters in Nanjing[10]. Investment Performance - The company reported an investment income of ¥31,444,478.87, down from ¥86,351,887.36 in the same period last year, indicating a decline in investment performance[16]. - Other comprehensive income after tax was ¥40,466,488.90, compared to a loss of ¥34,428,602.93 in the previous year, showing a significant recovery[16]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[15].