城投控股(600649) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 reached ¥788,986,577.75, a significant increase of 1,964.93% compared to ¥38,208,870.55 in the same period last year[6]. - Net profit attributable to shareholders was ¥173,207,277.83, representing a 15.21% increase from ¥150,461,597.22 year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥139,452,604.30, a remarkable turnaround from a loss of ¥39,823,753.42 in the previous year, marking a 450.17% increase[6]. - Total revenue for Q3 2021 reached ¥2,992,765,451.70, a significant increase from ¥182,104,269.71 in Q3 2020, representing a growth of approximately 1,546%[35]. - Operating profit for Q3 2021 was ¥1,128,723,466.37, compared to ¥391,343,404.83 in Q3 2020, indicating an increase of about 188%[35]. - Net profit for Q3 2021 was ¥746,188,273.23, up from ¥276,463,305.17 in Q3 2020, reflecting a growth of approximately 170%[35]. - The net profit attributable to the parent company shareholders for the current period is approximately ¥753.47 million, compared to ¥292.14 million in the previous period, representing an increase of 157.5%[38]. - The basic and diluted earnings per share for the current period are both ¥0.30, up from ¥0.12 in the previous period, indicating a 150% increase[38]. - The total comprehensive income attributable to the parent company owners is approximately ¥753.37 million, compared to ¥295.61 million in the previous period, reflecting a growth of 154.5%[38]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥72,107,132,630.06, reflecting a 10.50% increase from ¥61,524,143,104.88 at the end of the previous year[9]. - Total assets as of September 30, 2021, amounted to ¥72,107,132,630.06, an increase from ¥65,257,984,583.42 at the end of 2020, representing a growth of about 2.65%[32]. - Total liabilities increased to ¥50,594,268,368.19 in Q3 2021 from ¥42,859,795,586.34 in Q3 2020, marking an increase of approximately 18.5%[32]. - The company’s total liabilities increased, with cash outflows for debt repayment amounting to approximately ¥8.10 billion, compared to ¥5.88 billion in the previous period[43]. - Total liabilities reached ¥42,859,795,586.34, showing a minor decline from ¥42,870,116,618.02[49]. - Total equity attributable to shareholders was ¥20,789,023,104.11, unchanged from the previous period[49]. Cash Flow - The company reported a net cash flow from operating activities of -¥11,207,164,691.75, worsening from -¥1,544,116,070.91 year-on-year, indicating a 173.80% decline[6]. - The net cash flow from operating activities for the current period is negative at approximately -¥11.21 billion, worsening from -¥4.09 billion in the previous period[41]. - Cash inflow from operating activities totaled approximately ¥11.99 billion, while cash outflow was approximately ¥23.19 billion, leading to a significant cash flow deficit[41]. - The net cash flow from investing activities is negative at approximately -¥1.06 billion, compared to -¥397.11 million in the previous period, indicating increased investment outflows[41]. - The net cash flow from financing activities is positive at approximately ¥1.70 billion, down from ¥7.32 billion in the previous period, showing a decrease in financing inflows[43]. - The total cash and cash equivalents at the end of the period stand at approximately ¥7.76 billion, a decrease from ¥7.11 billion in the previous period[43]. - The company reported cash received from sales and services of approximately ¥8.42 billion, significantly higher than ¥2.78 billion in the previous period, marking a growth of 203.5%[41]. Changes in Assets - Cash and cash equivalents decreased by 57.29% due to land payments made during the period[17]. - Accounts receivable decreased by 33.35% as a result of cash recovery from affordable housing projects[17]. - Prepayments increased by 91.28% primarily due to advance payments for the Jiuxing project land[17]. - Inventory increased by 64.87% due to the acquisition of the Luxiangyuan Phase II development project[17]. - Inventory levels rose significantly to ¥47,147,746,438.04 in Q3 2021 from ¥28,597,431,802.17 in Q3 2020, representing an increase of approximately 65%[32]. - Long-term borrowings increased by 41.75% due to new external borrowings during the reporting period[17]. Other Financial Metrics - The weighted average return on equity increased to 0.86%, up by 0.11 percentage points from 0.78% in the same period last year[6]. - Basic earnings per share for the quarter were ¥0.07, a 15.21% increase from ¥0.06 in the same period last year[6]. - The company reported financial expenses of ¥461,299,461.34 in Q3 2021, compared to ¥145,021,352.64 in Q3 2020, indicating a significant increase in financial costs[35]. - Non-recurring gains totaled ¥33,754,671.53 for the quarter, with significant contributions from government subsidies and asset disposals[13]. - The company acquired 80% of Shanghai Chenghong Wanchan Construction Co., which led to adjustments in the financial statements for the reporting period[10].