CHIXIA DEVELOPMENT(SH:600533)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥693,282,232.01, a decrease of 43.60% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2023 was -¥39,590,191.94, representing a decline of 2,175.66% year-on-year[4]. - The basic earnings per share for Q3 2023 was -¥0.0377, a decrease of 2,192.47% compared to the same period last year[4]. - The weighted average return on equity for Q3 2023 was -0.91%, a decrease of 0.95 percentage points year-on-year[4]. - The net profit attributable to shareholders for the year-to-date period was -¥12,142,650.76, a decline of 105.66% compared to the previous year[4]. - The company reported a decrease in net profit excluding non-recurring gains and losses of -¥43,737,840.77 for Q3 2023, down 1,512.88% year-on-year[4]. - The total revenue for Q3 2023 was 40,637,161.92 CNY, a significant decrease compared to 304,237,037.77 CNY in Q3 2022[22]. - The net profit for Q3 2023 was 24,065,047.24 CNY, while the net loss attributable to shareholders was -12,142,650.76 CNY, contrasting with a profit of 214,468,564.62 CNY in Q3 2022[22]. - Total revenue for the first three quarters of 2023 reached ¥3,835,908,220.45, an increase of 6.5% compared to ¥3,601,477,511.77 in the same period of 2022[21]. - Operating revenue for the first three quarters of 2023 was ¥429,532,537.43, down from ¥1,336,408,240.46 in 2022, a decline of about 67.8%[34]. - Net profit for the first three quarters of 2023 was ¥167,671,425.10, compared to ¥220,587,042.23 in the same period of 2022, reflecting a decrease of approximately 24.0%[34]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥24,275,381,931.24, an increase of 6.69% from the end of the previous year[5]. - The total assets as of the end of Q3 2023 were ¥24,275,381,931.24, an increase from ¥22,752,687,984.01 at the end of Q3 2022[17]. - Total liabilities increased to ¥19,741,826,627.69 in Q3 2023, compared to ¥18,114,195,783.63 in Q3 2022, showing a growth of 8.9%[17]. - The company's equity attributable to shareholders decreased to ¥4,334,333,675.47 in Q3 2023 from ¥4,475,727,270.30 in Q3 2022, a decline of 3.2%[17]. - Total current liabilities reached ¥11,032,522,651.68 in Q3 2023, compared to ¥10,764,207,714.97 in Q3 2022, indicating an increase of 2.5%[17]. - The total cash and cash equivalents at the end of Q3 2023 were 2,269,702,049.07 CNY, an increase from 826,033,405.70 CNY at the end of Q3 2022[27]. - Current assets increased to ¥9,651,415,511.07 from ¥8,267,323,936.21, representing a growth of approximately 16.7%[30]. - Total liabilities decreased slightly to ¥9,598,084,167.81 from ¥9,645,770,372.56, a reduction of approximately 0.5%[31]. - The company's total equity increased to ¥3,965,549,859.98 from ¥3,927,129,378.95, marking an increase of about 1.0%[32]. Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥1,340,778,299.22[4]. - The cash flow from operating activities for the first nine months of 2023 was -1,340,778,299.22 CNY, an improvement from -2,184,346,919.70 CNY in the same period of 2022[26]. - The cash inflow from operating activities was CNY 516,338,647.84, a significant decrease from CNY 1,333,007,028.66 in the same period of 2022, representing a decline of approximately 61.2%[38]. - The net cash flow from operating activities for the first nine months of 2023 was -CNY 1,487,030,615.86, compared to -CNY 433,277,281.10 in the previous year, indicating a worsening performance[38]. - The cash flow from investing activities generated a net inflow of 60,379,916.23 CNY in the first nine months of 2023, down from 295,515,895.77 CNY in 2022[27]. - The cash inflow from investment activities totaled CNY 976,192,251.00, an increase from CNY 833,903,883.17 in the same period last year, marking a growth of about 17.0%[38]. - The net cash flow from investment activities improved to CNY 912,919,191.50 in 2023, compared to -CNY 259,447,304.03 in 2022, showing a positive turnaround[38]. - Cash inflow from financing activities was CNY 2,110,000,000.00, slightly up from CNY 2,005,000,000.00 in the previous year, reflecting a growth of approximately 5.2%[39]. - The net cash flow from financing activities for the first three quarters of 2023 was CNY 762,580,489.26, a recovery from -CNY 79,636,448.22 in the same period of 2022[39]. Investments and Projects - The company has ongoing residential projects in Nanjing, including "Xingye Huanyuan" with a planned area of 326,304 square meters and an actual investment of ¥4.2 million during the reporting period[12]. - The total investment in the "Fengqing Water Front" project in Nanjing reached ¥230 million, with a completed area of 243,400 square meters[11]. - The company has several ongoing projects, including "Yuqing Shangfu" and "Xingye Yuhui" in Nanjing, with total planned areas of 133,227 square meters and 53,924 square meters, respectively[12]. - The total investment in the "Yangsanhuhua Garden" project in Nanjing was ¥132.3 million, with a completed area of 154,500 square meters[11]. - The company is actively expanding its market presence with new projects in Wuxi and Suzhou, contributing to its growth strategy[11]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,705[9]. - The company received government subsidies amounting to ¥34,403.91 during the reporting period[6].