北辰实业(601588) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 reached ¥3,221,078,013, representing a year-on-year increase of 67.27%[5] - The net profit attributable to shareholders of the listed company was ¥17,683,862, with a significant improvement compared to the previous period[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,467,913, marking a turnaround from a loss of ¥48,044,857 in the previous year[5] - Total operating revenue for the first three quarters of 2023 reached ¥10,489,964,186, a 19.6% increase from ¥8,766,238,117 in the same period of 2022[24] - Net profit for the first three quarters of 2023 was -¥27,634,849, an improvement from -¥771,031,075 in the same period of 2022[25] - Operating profit for the first three quarters of 2023 was ¥142,281,038, compared to a loss of -¥733,558,906 in the previous year[25] - Net profit for the first three quarters of 2023 reached CNY 390.93 million, a significant increase from CNY 152.78 million in the same period of 2022, representing a growth of 156.5%[35] - Operating revenue for the first three quarters of 2023 was CNY 1.77 billion, compared to CNY 1.34 billion in 2022, indicating a year-over-year increase of 31.9%[35] - Operating profit for the first three quarters of 2023 was CNY 488.21 million, up from CNY 198.71 million in 2022, reflecting a growth of 145.1%[35] Assets and Liabilities - The total assets at the end of the reporting period were ¥61,398,525,182, reflecting a decrease of 8.74% from the end of the previous year[5] - As of September 30, 2023, the total assets of the company amounted to CNY 61.40 billion, a decrease from CNY 67.28 billion at the end of 2022, reflecting a decline of approximately 8.6%[19] - The company's total liabilities decreased to CNY 45.48 billion from CNY 51.32 billion, representing a reduction of about 11.4%[20] - The total liabilities decreased slightly to CNY 33.45 billion from CNY 33.09 billion, a reduction of 1.1%[32] - Non-current assets totaled CNY 24.23 billion, down from CNY 29.46 billion, indicating a decrease of 17.7%[32] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥1,931,607,518, down 41.20% compared to the previous year[5] - Cash flow from operating activities for the first three quarters of 2023 was ¥1,931,607,518, down from ¥3,284,863,750 in 2022[27] - Cash and cash equivalents at the end of the third quarter of 2023 totaled ¥9,264,358,936, an increase from ¥7,385,233,648 at the end of 2022[28] - Operating cash inflow for the first three quarters of 2023 reached CNY 1,887,164,162, a 45.4% increase from CNY 1,298,908,388 in the same period of 2022[38] - Net cash flow from operating activities was CNY 441,028,352, up 52.0% compared to CNY 290,079,871 in the previous year[38] - Cash inflow from investment activities totaled CNY 10,204,555,178, a decrease of 17.2% from CNY 12,325,583,967 in 2022[38] - Net cash flow from investment activities was CNY 328,275,960, down 67.5% from CNY 1,007,198,438 in the same period last year[38] - Cash inflow from financing activities amounted to CNY 6,202,593,358, an increase of 17.7% compared to CNY 5,266,856,083 in 2022[39] - Net cash flow from financing activities was CNY 785,531,546, a significant improvement from a net outflow of CNY 4,478,801,337 in the previous year[39] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 130,242[11] - The largest shareholder, Beijing Beichen Group Co., Ltd., held 34.482% of the shares, while the second-largest shareholder, HKSCC NOMINEES LIMITED, held 20.509%[12] Real Estate Performance - The company experienced an increase in revenue from its real estate development segment due to an increase in billable area and improved occupancy rates in its exhibition and commercial property segments[9] - The total sales area for real estate decreased by 39.97% year-on-year to 294,100 square meters, with sales revenue dropping by 57.46% to CNY 4.45 billion[14] - The company achieved a settlement area of 581,200 square meters, which is an increase of 19.01% year-on-year, with a corresponding settlement amount of CNY 8.40 billion, up 16.36%[14] - The company has no new real estate reserves, maintaining a total land reserve of 4.56 million square meters as of September 30, 2023[14] Other Financial Metrics - The basic and diluted earnings per share for Q3 2023 were both ¥0.005, with no applicable comparison due to previous losses[5] - The weighted average return on equity was 0.14% for the current period, with no applicable comparison due to previous losses[5] - The company reported a total comprehensive income of -¥27,634,849 for the first three quarters of 2023, compared to -¥771,031,075 in the same period of 2022[26] - Basic and diluted earnings per share for the third quarter of 2023 were both ¥0.008, compared to -¥0.24 in the same quarter of 2022[26] - The company reported a long-term receivables increase to CNY 429.93 million from CNY 165.47 million, reflecting a significant growth of approximately 159.5%[19] - The company reported a decrease in inventory from CNY 422.87 million to CNY 191.45 million, a reduction of 54.7%[31] - The cash and cash equivalents increased to CNY 6.98 billion from CNY 5.43 billion, an increase of 28.5%[31] - The company’s long-term receivables decreased to CNY 9.93 billion from CNY 15.06 billion, a decline of 34.1%[31] - The company reported a significant increase in cash received from tax refunds, totaling CNY 11,766,043, although this was lower than CNY 15,087,485 in the previous year[38] - The company did not apply new accounting standards for the current year[40]