EBJB(SH:600622)2022-10-30 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 1,333,056,682.80, representing a year-on-year increase of 21.13%[5] - The net profit attributable to shareholders of the listed company was CNY 6,051,276.46, a decrease of 92.19% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -7,542,053.60, down 111.17% year-on-year[5] - The basic earnings per share for the current period was CNY 0.00, reflecting a 100% decrease compared to the previous year[6] - Total operating revenue for the first three quarters of 2022 reached RMB 4,542,371,188.13, a significant increase of 89.61% compared to RMB 2,394,349,268.76 in the same period of 2021[28] - Net profit for the first three quarters of 2022 was RMB 186,951,855.37, representing a substantial increase of 155.6% from RMB 73,225,778.07 in the previous year[28] - Operating profit for the first three quarters of 2022 was RMB 376,725,649.86, up from RMB 159,644,402.11 in the same period of 2021, marking an increase of 135.5%[28] - The basic and diluted earnings per share for the first three quarters of 2022 were both RMB 0.04, down from RMB 0.12 in the same period of 2021[29] Assets and Liabilities - The total assets at the end of the reporting period were CNY 32,801,312,695.06, a decrease of 7.28% from the end of the previous year[6] - The total current assets decreased from RMB 13.44 billion at the end of 2021 to RMB 11.03 billion by September 30, 2022[23] - The company's total liabilities decreased from RMB 25.87 billion at the end of 2021 to RMB 23.57 billion by September 30, 2022[25] - The company's cash and cash equivalents decreased from RMB 4.52 billion at the end of 2021 to RMB 4.21 billion by September 30, 2022[23] - The company reported a total asset value of RMB 32.80 billion as of September 30, 2022, down from RMB 35.38 billion at the end of 2021[25] - The company’s equity attributable to shareholders decreased from RMB 7.10 billion at the end of 2021 to RMB 7.06 billion by September 30, 2022[25] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -33,887,076.82, a decline of 101.08%[5] - The company reported a net cash flow from operating activities of RMB -33,887,076.82 for the first three quarters of 2022, a decline from RMB 3,141,599,667.57 in the previous year[32] - Cash and cash equivalents at the end of the third quarter of 2022 totaled RMB 4,204,207,179.26, down from RMB 4,522,890,082.51 at the end of the same period in 2021[33] - The company’s investment activities generated a net cash flow of RMB -770,416,093.70 for the first three quarters of 2022, worsening from RMB -180,663,895.42 in the same period of 2021[32] - The company’s financing activities resulted in a net cash flow of RMB 498,028,684.24 for the first three quarters of 2022, a recovery from RMB -1,820,000,829.14 in the previous year[33] Shareholder Information - The total number of common shareholders at the end of the reporting period is 48,506[12] - The top 10 shareholders hold a combined total of 1,000,000,000 shares, representing a significant portion of the company's equity[12] - The largest shareholder, Beijing Guangkong Anyu Investment Center, holds 211,454,671 shares, accounting for 14.10% of total shares[12] Debt and Financing - The company issued bonds totaling RMB 880 million with a maturity of 2+1 years and a coupon rate of 4.5%[14] - The company completed the full redemption and interest payment of the 2019 bond issuance, totaling RMB 919.248 million[16] - The company is in the process of registering and issuing non-financial corporate debt financing tools totaling up to RMB 3.5 billion[16] - The company has received approval for the issuance of two medium-term notes totaling RMB 1.9 billion and RMB 1.6 billion respectively[16] - The company has a total of 8.8 billion RMB in bonds issued, with a focus on optimizing its debt structure[14] Real Estate Development - The company reported a significant increase in real estate development revenue, contributing to an 89.71% increase in year-to-date operating revenue[10] - The company experienced a decrease in net profit due to a lower proportion of project equity recognized from real estate development[10] - The company has ongoing projects in Shanghai and Chongqing, with significant sales areas and rental spaces reported[20] - The company's real estate asset management business generated total revenue of RMB 435.85 million, with management and consulting service fees contributing RMB 285.93 million[19] Cost and Expenses - The company’s total costs for the first three quarters of 2022 were RMB 4,182,070,975.21, an increase of 84.93% compared to RMB 2,260,544,079.85 in the same period of 2021[28] - Financial expenses for the first three quarters of 2022 amounted to RMB 453,722,591.01, compared to RMB 414,320,668.15 in the previous year, indicating an increase of 9.5%[28] Other Financial Impacts - The company provided rent reductions for tenants, impacting an estimated revenue of approximately RMB 107 million for 2022 and a net profit impact of about RMB 48 million[18] - As of September 30, 2022, the company managed 36 projects with a total management scale of RMB 454.9 billion, despite a reduction of RMB 54.1 billion from exited projects[19] - The weighted average return on net assets was 0.09%, a decrease of 1.05 percentage points compared to the previous year[6] - The company’s long-term borrowings increased from RMB 7.85 billion at the end of 2021 to RMB 8.02 billion by September 30, 2022[24]