GZPR(SH:600684)2021-10-27 16:00Financial Performance - The company's operating revenue for the third quarter was CNY 180,523,139.56, a decrease of 65.31% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 91,838,043.96, representing a decline of 835.24% year-on-year[5]. - The basic and diluted earnings per share were both CNY -0.11, a decrease of 1,200% compared to the previous year[6]. - The net profit attributable to shareholders for the year-to-date was CNY 250,742,734.93, an increase of 15.90% compared to the same period last year[5]. - The net profit excluding non-recurring gains and losses for the third quarter was a loss of CNY 103,430,549.04, with no applicable year-on-year comparison[5]. - The company's net profit for the first three quarters of 2021 was not explicitly stated, but the increase in revenue suggests potential growth in profitability[27]. - Net profit for the first three quarters of 2021 reached ¥211,864,105.78, a significant increase from a net loss of ¥10,863,383.87 in the same period of 2020[28]. - Operating profit for the first three quarters of 2021 was ¥337,282,917.69, compared to ¥64,519,736.60 in 2020, reflecting a growth of approximately 422%[28]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 33,323,095,980.23, an increase of 9.96% from the end of the previous year[6]. - Current assets totaled ¥31,245,137,338.22 as of September 30, 2021, compared to ¥27,380,699,368.51 at the end of 2020, reflecting a growth of 14.5%[23]. - Non-current assets decreased to ¥2,077,958,642.01 from ¥2,924,859,932.59, a decline of 29%[23]. - Total liabilities increased to ¥29,605,276,647.67 from ¥27,157,088,209.64, representing an increase of 9%[24]. - The company's equity attributable to shareholders rose to ¥2,367,718,545.22 from ¥2,108,774,708.18, marking an increase of 12.3%[24]. - Total current liabilities reached approximately $20.77 billion, with a minor increase of $8.92 million[34]. Cash Flow - The net cash flow from operating activities for the year-to-date was a negative CNY 569,080,687.37[6]. - Cash flow from operating activities showed a net outflow of ¥569,080,687.37, an improvement from a net outflow of ¥835,350,807.83 in the previous year[30]. - Cash flow from investing activities generated a net inflow of ¥58,333,338.00, a decrease from ¥1,005,649,696.54 in the previous year[31]. - Cash flow from financing activities resulted in a net inflow of ¥796,299,569.60, compared to a net outflow of ¥324,855,160.07 in the same period of 2020[31]. - The company experienced a significant increase in cash inflow from financing activities, totaling ¥6,261,148,984.89, compared to ¥2,744,282,514.62 in the previous year[31]. Investments and Projects - The company reported a significant decrease in debt investment income, which fell by CNY 25,339,200 compared to the previous year[10]. - The company expects an increase in revenue recognition from property deliveries in the upcoming quarters[10]. - Sales collections from Zhujiang Yunshang Garden and Zhujiang Huazhu Garden increased compared to the same period last year, contributing to overall performance improvement[11]. - The total land area for projects under development is 1,221,868.81 square meters, with a total planned investment of 4,598,295.42 million RMB[16]. - The total area available for sale across all projects is 3,417,059.33 square meters, with 166,454.71 square meters sold from January to September 2021[18]. - The company plans to continue expanding its market presence through new projects and acquisitions in the future[20]. Other Financial Metrics - The weighted average return on equity was -3.81%, a decrease of 4.29 percentage points compared to the previous year[6]. - Tax expenses increased by 207.85% compared to the same period last year, mainly due to income recognition from the Yide Building and old properties[11]. - The company's financial expenses for the first three quarters of 2021 were ¥252,744,413.66, down from ¥291,008,309.29 in 2020, showing a decrease of 13.1%[27]. - The company reported a total profit of ¥338,015,489.86 for the first three quarters of 2021, compared to ¥30,114,545.22 in the same period of 2020[28].