GHWL(SH:600603)2021-10-21 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥665,737,861.64, representing an increase of 89.82% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2021 was ¥72,179,518.33, reflecting a year-on-year increase of 21.75%[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥70,803,227.91, up 22.99% year-on-year[6]. - Total operating revenue for the first three quarters of 2021 reached CNY 2,249,518,170.40, an increase from CNY 1,625,342,859.76 in the same period of 2020, representing a growth of approximately 38.4%[33]. - The company's net profit attributable to shareholders for the first three quarters of 2021 was not explicitly stated but can be inferred from the increase in retained earnings to CNY 4,293,545,003.33 from CNY 4,242,761,049.72[33]. - Net profit attributable to shareholders of the parent company was ¥409,444,498.91, up from ¥335,317,829.25, reflecting a growth of about 22.1%[37]. - The total comprehensive income attributable to the parent company's owners was ¥409,444,498.91, compared to ¥335,317,829.25 in the same period last year, indicating a year-over-year increase of approximately 22.1%[38]. Assets and Liabilities - The total assets at the end of the reporting period were ¥16,281,351,594.13, a decrease of 5.37% compared to the end of the previous year[9]. - The company's total assets as of September 30, 2021, amounted to CNY 16,281,351,594.13, a decrease from CNY 17,205,922,807.91 at the end of the previous period[31]. - Current assets totaled CNY 9,359,352,171.19, down from CNY 10,794,583,397.93, reflecting a decline of approximately 13.3%[28]. - The total liabilities of the company were CNY 9,111,280,737.63, down from CNY 10,090,343,662.34, representing a decrease of about 9.7%[31]. Shareholder Information - The company had a total of 28,509 common shareholders at the end of the reporting period[13]. - The company reported a total of 541,213,926 shares held by its largest shareholder, Xinjiang Guanghui Industrial Investment (Group) Co., Ltd.[16]. - Xinjiang Guanghui Industrial Investment (Group) Co., Ltd. holds 453,213,926 shares through a regular account and 88,000,000 shares through a margin account[18]. - The company’s top ten shareholders include various investment funds and financial institutions, indicating a diverse shareholder base[16]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥961,521,674.94, showing a decline of 4.86% compared to the previous year[6]. - Cash flow from operating activities for the first nine months was ¥961,521,674.94, slightly down from ¥1,010,686,821.04 in the previous year, a decrease of about 4.9%[41]. - Cash flow from investing activities generated a net inflow of ¥314,277,473.67, compared to ¥173,927,717.60 in the previous year, showing an increase of approximately 80.5%[42]. - Cash flow from financing activities resulted in a net outflow of ¥-2,186,266,487.28, compared to ¥-2,254,456,639.61 in the previous year, indicating a slight improvement[42]. Operational Highlights - The company reported a significant increase in real estate sales revenue, which was the main driver for the growth in operating revenue[12]. - The company has ongoing cooperative development projects in Urumqi New District, with a total new signed area of 154,320.45 square meters and a new signed amount of 1,970,955,643.22 RMB[19]. - The company signed a compensation agreement with the Urumqi government for the acquisition of 619,335.646 square meters of building area, with an annual compensation of no less than 167,029,113.54 RMB based on average profits from 2017 to 2019[21]. - The company’s subsidiary, Yazhong Logistics, purchased 65% of the shares in Xinjiang Gexin Investment Co., Ltd., which has significant land reserves for future development[21]. - The company plans to develop the Gexin project into a new logistics city, enhancing its logistics business and sustainable operational capacity[21]. - The company reported no rental business for its real estate projects during the reporting period[20]. - The company is focused on expanding its logistics and real estate development capabilities in line with regional economic strategies[21]. Cost and Expenses - Total operating costs for the first three quarters of 2021 were CNY 1,679,328,474.18, compared to CNY 1,091,764,744.93 in 2020, indicating a rise of about 53.7%[33]. - The company reported a significant increase in sales expenses to CNY 86,155,222.51 from CNY 44,930,875.88, reflecting a rise of approximately 92.2%[33]. - The company's interest expenses were ¥61,119,520.38, compared to ¥52,851,370.66 in the previous period, an increase of approximately 15.7%[36]. - The investment income decreased to ¥9,830,910.84 from ¥14,494,001.39, a decline of about 32.5%[36]. Earnings Per Share - The basic earnings per share for Q3 2021 was ¥0.06, a decrease of 20.00% compared to the same period last year[9]. - The basic and diluted earnings per share for the current period were both ¥0.34, an increase from ¥0.28 in the previous period, representing a growth of approximately 21.4%[38].