DIMA(SH:600565)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was approximately ¥4.34 billion, a decrease of 52.24% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was approximately -¥430.58 million, representing a decline of 6,463.63% year-over-year[5]. - The basic earnings per share for Q3 2023 was -¥0.17, a decrease of 287.50% compared to the previous year[6]. - The company reported a significant increase in investment income of 278.44% from the beginning of the year to the reporting period, due to increased recognized investment income[21]. - Total profit for the current period was -160.80 million, primarily due to a decrease in project transfer profits and an increase in late fees[22]. - Net profit attributable to shareholders for the current period was -6,463.63 million, with a year-to-date figure of -295.18 million[22]. - The company reported a significant increase in prepayments to ¥1.10 billion from ¥1.00 billion, reflecting a growth of approximately 9.1%[30]. - The company reported a total of 2,008.26 million in revenue for the reporting period, with a growth rate of 57.21% compared to previous periods[15]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to approximately ¥63.38 billion, down 9.93% from the end of the previous year[6]. - The company has 25,174,841 million in total assets, with 7,051,743 million in liabilities and 15,596,531 million in equity[15]. - As of September 30, 2023, total assets amounted to ¥63.38 billion, down from ¥70.37 billion at the end of 2022, indicating a decrease of about 9.4%[30]. - Total liabilities decreased to ¥51.14 billion from ¥57.93 billion, representing a reduction of about 11.7%[31]. Cash Flow - The net cash flow from operating activities for the year-to-date was approximately ¥794.83 million, a decrease of 44.41% compared to the same period last year[6]. - Cash inflow from operating activities for the first three quarters of 2023 was CNY 7,653,327,632, a decrease of 32.5% from CNY 11,274,480,621 in the same period of 2022[36]. - The net cash flow from operating activities for Q3 2023 was $794.83 million, a decrease of 44.4% compared to $1.43 billion in Q3 2022[37]. - The ending cash and cash equivalents balance was $1.66 billion, down from $2.87 billion year-over-year[37]. Project Development - The company holds a total of 814,474 square meters of land for development, with a cooperative development project in Chengdu covering 157,556 square meters, representing a 57.27% equity stake[10]. - The company has a cooperative development project in Yibin with an equity stake of 94.80%, covering an area of 308,909 square meters[11]. - Total investment in ongoing projects amounts to 30.27 billion yuan for the Nanjing project, with a planned construction area of 300,280 square meters[12]. - The company is expanding its market presence with new projects in various cities, including a significant focus on residential and commercial developments[doc->id]. Costs and Expenses - Operating costs for the reporting period decreased by 47.93%, attributed to the reduced scale of completed deliveries and cost recognition[21]. - Management expenses for the reporting period decreased by 36.08%, reflecting the company's cost reduction and efficiency improvement efforts compared to the previous year[21]. - Financial expenses for the reporting period increased by 200.18%, primarily due to increased interest expenses from borrowings[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 71,807[24]. - The largest shareholder, Chongqing Dongyin Holdings Group Co., Ltd., holds 885,737,591 shares, accounting for 35.55% of total shares[25]. Litigation and Risks - The company has ongoing litigation risks, with a bankruptcy petition filed by a creditor that was not accepted by the court[27]. - The company recognized an increase of approximately 117.56 million in estimated liabilities due to ongoing litigation during the reporting period[27].